Forex Mobster
The Forex Mobster comes in a clear and easy to read 55 page manual. The first 30 pages or so are taken up with overviews of Forex, Trading psychology and Brokers.
Then we get into the system. As per the website, it is confirmed that the system is “mainly designed for day trading the 1 hour chart” but can also be used for swing trading on a 4 hour chart. In actual fact the 4 hour and 1 hour must line up and agree in order to enter a signal.
The system relies on identifying and riding a trend using 2 industry standard indicators with specific settings and as promised, entry is 100% clear and 100% mechanical. Exits are also 100% mechanical. Some discretion is required for Stops, with “Last resistance level or 70 pips” being recommended.
Ben recommends a maximum of 3% of account balance per trade but stresses that he personally prefers 1%. We always go in between and apply 2% for all of our day trading.
There is some advice on when not to trade, e.g. around news, and also to take note of correlations if trading more than one Forex pair. Both, common sense and pretty sound advice, the latter being something often overlooked in many manuals.
Delivery Method
– After your purchase, you’ll see a View your orders link which goes to the Downloads page. Here, you can download all the files associated with your order.
– Downloads are available once your payment is confirmed, we’ll also send you a download notification email separate from any transaction notification emails you receive from IMC.sale.
– Since it is a digital copy, our suggestion is to download and save it to your hard drive. In case the link is broken for any reason, please contact us and we will resend the new download link.
– If you cannot find the download link, please don’t worry about that. We will update and notify you as soon as possible at 8:00 AM – 8:00 PM (UTC+8).
Thank You For Shopping With Us!
6 reviews for Forex Mobster
There are no reviews yet.