Alright guys, there’s a new Forex trading system from Russ Horn called “Forex Income Boss” that everybody is talking about, and in today’s post I’m going to give you my humble, but accurate, opinion on it, and let you know what its all about…
Note: This is a review – Click Here for the Official Forex Income Boss Website…
I’m writing this review with the beginner, or intermediate level trader in mind. If you are already trading Forex as your full time gig, then I would assume that you are already familiar with Russ Horn since he is very well known, and perhaps you are just looking for some more details on FIB and an impartial opinion from somebody with a lot of experience with different Forex programs…
So, if you are more advanced you may want to scroll down to where I talk about how the system works and my opinion on Forex Income Boss compared to some of the other popular Forex trading systems on the market.
For you beginner traders, lets start out by looking at some of the benefits of trading Forex, and go over who Russ Horn is and whether he is somebody that you should learn how to trade Forex from…
A Brief Overview Of The Foreign Exchange Market, And How To Profit From It…
As we all know, with the invention of the Internet, it is now possible to invest in and trade all kinds of different financial products from the comfort of your own home. And, while this is a huge opportunity, most people don’t take advantage. The average person only invests very passively, through a 401K, or IRA or something like that.
Sure that’s probably a good idea. I have an IRA and I max out my contribution every year. It helps with taxes, and it’s always a good idea to diversify and not put all your eggs in one basket.
That said, the stock market only returns an average return of about 5 or 6% annually. So that’s not going to get you rich anytime soon.
The great thing about trading Forex, is that assuming you make the right trades, you can *potentially* make way, WAY more than that. Heck, you could be making 30% returns per month, not per year, and if you know anything about compounding, then I think you can see the potential here.
(Just note that I’m not promising 30% returns, or any returns. I can’t for legal reasons. I have a lengthy disclaimer at the bottom of this post to that effect.)
How Is Forex Income Boss Different From Other Forex Systems?
Now that we’ve established the potential that exists in the 5 Trillion dollar per day Forex market, the question becomes what system to use for trading…
I’ve reviewed a ton of different Forex trading systems over the past few years, and I can tell you right now most of them are a joke.
Most trading systems claim to have some *proprietary* software that uses a special algorithm to find the best trades for you, these products appeal to newbie traders because they claim to “do all the work for you” and that obviously sounds good, especially when you don’t know anything about trading! Problem is, they don’t actually work, they are just hype.
FIB on the other hand is a real trading system that is getting real results. You can see examples of trades that have been executing this system that have brought in as much as 20K+ from a single trade! (See examples of live trades using FIB here.)
The creator Russ Horn has been around for years and has a stellar reputation, everything he puts out sells out right away and his students rush to get his newest systems as soon as they are released.
The number of ways that FIB is different and superior to anything else currently on the market go on and on, basically it’s just a different animal entirely.
How FIB Works, And What You Get:
Forex Income Boss combines 10 custom indicators that work together to help you find perfect setups. If you are a beginner and don’t understand what I’m talking about, basically what it means is that has ten different software applications that work in unison, allowing you to filter out the trades that you should take to maximize profitability and reduce risk as much as possible.
Russ has tested thousands of indicators during his trading career, and he has settled on these ten as the only ones that he wants to use for his own (highly profitable) trading.
Again, if you are new to this and feel overwhelmed by the idea of using 10 indicators, the thing to understand is that you don’t really need to do anything to get them set up. They plug right into MetaTrader 4 and all you have to do is look at the chart and make trades the way that Russ explains in the DVDs that come with the program.
Here’s a quick breakdown of everything you get…
First, you get access to the 10 custom indicators, which are the software component of the system.
Then you get a set of DVDs that teach you everything that you need to know to use the system effectively. The first DVD is perfect for beginners because it goes over the right mindset that you need to have for successful trading, as well as teaching you the key concepts you need to know and showing you how to execute basic trades. That said, even the most advanced traders will probably benefit from Russ’ insights regarding your mindset.
The rest of the DVDs show you how to use the system, and how to set up the indicators so you can start crushing with them. Russ introduces you to his 3 main trade types: the Boss Trade, the ReBoss Trade, and the Highland Trade and explains how they each work.
One of the best parts is the DVD where Russ does live trades so that you can see exactly how you should be using the system. He gives you multiple live examples of each type of trade so you know exactly what to do, and he gives you a lot of advice on how to execute your trades effectively for maximum profit.
You also get a DVD on “Perspectives” and how to have the right perspective on your trading career, a DVD of a webinar where Russ answers the most common questions about the Forex Income Boss system, a hard-copy Trading Manual, and full-color “cheat-sheets” you can hang by your desk for easy reference.
Then, there;s also an online Member’s Area where you can get 24/7 trading and tech support, personalized mentoring from Russ, more live trade examples, a forum, more training, more bonuses… I can’t cover everything! But the weekly live webinars are a pretty valuable component!
Then there are also a couple of “fast-mover” bonuses (not sure they are still available…) Including the “Crossover Cash Generator” and an automated trade locator and executor called the “FIBINATOR” that basically watches the charts based on the indicators, and then it beeps when you get a perfect setup, so you can go do other stuff rather than sitting by the computer…
Like I said, if you are already a full time trader, then I shouldn’t have to tell you what a no-brainer this program is. Russ’ programs always sell out right away for a reason.
If you are a newbie and you are looking for what trading system is right for you, all I can say is that FIB will definitely shorten your learning curve dramatically. Success in trading is all about learning from somebody who knows what they are doing, and having the right tools, and this program is on a completely different level. The only thing that comes close are Russ’ other systems… and they sold out a long time ago!
Click Here to get Russ Horn’s Forex Income Boss System Now! (Note: Russ’ Forex systems ALWAYS sell out within a few days, so get it now before you miss out!)