Forex trading expert reveals the truth about Bryan Stapler’s new robot in this no holds barred Forex Brilliance review.

From The Desk of: Simon W
Location: London, UK
Product: Forex Brilliance Robot
Release Date: March 24, 2010
Product Type: Forex Trading Software

Forex trading has never been as popular as it is now, with more people than ever giving it a go in the hope of making huge sums of money without having to leave home.

Is it really that easy? Can you really make lots of money without experience?

Furthermore, can Forex Brilliance help you make the kind of money that it claims to be able to generate? There are so many questions to consider and by the end of this Forex Brilliance review you will have all the answers you need.

I have been trading Forex for sometime now and have worked hard to put myself in a position where I no longer need to work to make someone else rich, instead I work for myself and my family, from home and to hours that suit us.

But before I decided to get involved I knew nothing about trading Forex, in fact my first attempt at trading saw me lose nearly $2,000! It’s certainly not unusual to lose at the beginning, but I didn’t understand that at the time and nearly walked away!

Anyway, to cut a long story short I decided that I wasn’t going to be beaten, I saw others making good money doing it so I was sure I could too and I am now reaping the rewards of my determination.

Over the years I have spent huge amounts of money buying Forex robots and I would say that only about 5% or under actually make money, the rest are total junk that lose money quicker than my wife on a shopping trip.

That’s not to say that no robot will work, but it can be risky for the majority of people. After all it’s not just the cost of the robot that you are risking but also the investment that you make, so before proceeding you need to be sure.

When I first heard about Forex Brilliance I was told that it had ground breaking built in techniques that made it different to any other robot released. Of course, I was interested to see what they were talking about and asked the developers for a review copy, which they kindly sent through.

“Forex Brilliance has generated $1,868.00 profit in 10 trading days”

If you have been around Forex then you will have heard dozens of claims like the one above, every product released claims to be able to make thousands of dollars, but the majority of them fail to deliver.

Of course, if it could make anywhere near that level of income then it is most certainly worth the investment. So if you are serious about making money in Forex you owe it to yourself to read on and find out.

Let’s jump straight in…

Forex Brilliance: Inside the Box

Like the majority of software available online the Forex Brilliance robot is delivered through a download link from the vendor’s site. The download and install process is very easy to follow and while it does come with installation instructions they are not really required. You simply need to follow the on screen prompts and you will be set up within minutes.

In full you will receive:

• 4 FX Brilliance Robots designed to trade on 4 currency pairs
• Deluxe Robot
• User Manuals

The Forex Brilliance system is being pitched as a ‘plug and play’ solution to successful Forex trading. The aim is not only to help traders who have no trading experience, but also those who want to spend less time glued to their computer screens and more time enjoying life with family and friends.

The system itself comprises of 4 separate robots that are individually programmed to trade effectively on 4 of the most popular currency pairs, which are: USD/JPY, GBP/USD, EUR/USD and USD/CHF.

The theory behind this is obvious, if the robot is set up to trade a specific way to suit the currency pair, you stand a better chance of winning. The downside is that you are limited to only trading these 4 pairs, but they are some of the most popular so there is certainly money there to be made.

Anyone who has attempted to trade Forex will know that you cannot win every trade you make, it’s impossible. The aim is always to win more than you lose, but understanding that you will lose is a vital part of successful trading.

The most successful traders know how to minimise their losses and squeeze as much profit out of their winning trades as they can. This is achieved by a good risk management strategy and knowing when the time is right to get out of a trade.

Many beginners lose a trade early, get scared and walk away.

95% of all Forex traders fail to make any money at all

Have you ever heard this stat before?

Well this is because the majority of traders give up after losing one trade and one trade is never enough to judge whether you have a good strategy or not. So don’t get scared by this as it’s not a true representation of the money that active traders are making!

Sadly human emotions tend to control traders and they end up trading with their heart instead of their head. It is just as easy to panic and walk away at the first failure, as it is to be greedy and stay in a trade for too long, only to see it change from a winning trade to a losing trade in seconds.

Forex Brilliance: Results

So how does Forex Brilliance perform when trading with a live account? Does it offer an easier ride for traders?

I have been using the Forex Brilliance robot for about 3 weeks now and the results I have seen so far are certainly encouraging and I will be delighted if the software continues to perform like it is at the moment.

I am no longer allowed to publish my exact results here on my website as it’s possible that I could be fined up to $10,000 by the Federal Trade Commission (FTC). Last December they passed a new rule to stop people doing so, as they don’t feel it is fair on you guys.

Why? Their reasoning is because the results achieved by any individual will almost certainly definitely differ from results that you might achieve if you were to use the software. The performance of a Forex robot will depend on many factors; two of the most important factors are investment and market conditions.

If I were to transfer $15,000 into my trading account then it is fair to say that I will probably see a higher return than someone who only invests $200. Therefore my results may not be typical results if the majority of people do not have $15,000 to invest. As it is I didn’t invest anywhere near that level of capital, but you get the point.

The other major factor is the market condition; the Forex market can be extremely volatile, so what has happened during the last 3 weeks may be totally different from what happens in the next 3 weeks, so for these reasons, among others, the FTC believe that it can be misleading.

What I can say, is that I am seeing a return on my $1,000 investment and hope for this to continue through the coming weeks and months. I will be updating this page each week, so if you are interested in my progress do bookmark this page and come back to find out.

If you would like to see more about live trading results with Forex Brilliance, please click here.

“There Is One Problem With
Forex Brilliance Though”

Well actually there are two!

First of all, the price of the software is more than you would expect from a robot. They are usually priced between $97 and $197, so you would expect something pretty special for the price they are asking.

When I asked Bryan why they had decided on this price he told me that it was because you are effectively getting 4 different robots optimized for 4 different currency pairs and most robots are generically optimised to trade on many different currency pairs, making them less effective.

The other problem I see is that the results that are being shown on the Forex Brilliance website, such as those shown in the image below, are all achieved with a significant investment of $10,000. Now I’m guessing that most people don’t have that sort of money to play around with.

So does this mean that Forex Brilliance is a waste of time and money or not?

My Conclusion

From what I have experienced so far I think that Forex Brilliance is a good solid robot that does have the ability to make winning trades on autopilot. I have been pleased with the results I am seeing and feel confident that this trend will continue.

Of course the level of return achieved will very much depend on market conditions, but so far so good. I have decided that I will leave any profit I make in my account, to give me a larger capital investment and therefore increase my potential return. This is something I suggest for anyone who has less than $5,000 to invest.

This way you let the system generate a bigger investment for you and although it may take you a little longer to make consistent income it’s certainly better than risking money you may not be able to afford!

So far I have been using the pre-defined settings that are set up when you install the software, but as soon as I have made a bit more from it I will be changing the settings to try and bring a bit of my own trading style to the system, to see if it can perform even better.

This is something that I have done with other robots before and with great success. If you are interested in doing the same then I can tell you that it doesn’t take too much tweaking and I believe that it does make the system perform better moving forward.

The system gives you a great starting point but it doesn’t fully know how market conditions change and therefore making slight adjustments really can make a difference.

“But Don’t Despair”

To help you succeed I am happy to offer a special Forex Brilliance bonus that will teach everything you need to know about Forex trading. I also have permission to include an Amazon bestseller by Larry Swing, the swing trading expert.

It’s really important; especially when you are new to trading that you take the time to gain help and advice. If you do not do this, there is a great chance that you could fail. This is why I have decided to put together a guidance package, which will help all those who need a bit of extra help.

Fortunately, it did not take me a long time to compile this, mainly because I had most of it all together anyway, as I have been helping out friends who are just starting out on their trading career.

Luckily for me, and for them, my help package seems to work, and they have earned money following my guidance, for this reason I have decided to share my knowledge and tips on a wider basis, all in one place, a book.

Since putting together this book, I have given the same friends a chance to peruse and have received excellent feedback so far. I knew that my advice was solid but that fact that others agree really makes me confident that traders of all levels of experience will benefit from my knowledge and experience too.

I have been advised, however, and I tend to agree that I should not make my book so widely available, which explains why I have limited the number that I am giving away to only 20 17 15 11 copies.

If you are lucky enough to get one, you will benefit from my personal tips and tricks of the trade that will hopefully help you gain the lifestyle that I love and live today. All you need to do is order through this link and then email me your merchant receipt at simon [at] forextradingdominance [dot] com.

Your Exclusive Bonus

There will always be highs and lows when you are trading, although the disparity between the two is less likely to be so severe if you take heed of advice along the way. A book like mine, as well as others out there on the market can truly help you out and make you the successful trader that you desire to be.

Please do remember though that I am only going to give out 20 17 15 11 copies to those who order first as I cannot just give out all of my well worked out tactics and guidance to everyone out there trading, so to get a book you’re going to have to be quick of the mark.

How to Claim Your Bonus

1. To claim you exclusive Forex Brilliance bonus order the product through this link.

2. Email me your merchant receipt to the following address:  simon [at] forextradingdominance [dot] com.

Please allow up to 24 hours for delivery of your Forex Trading bonus (if you have any questions please feel free to contact me via email)

*I absolutely reserve the unconditional right to remove this bonus offer at any time.

<Get Forex Brilliance
AND 2 Forex Bonuses>

Happy Trading,

Simon W

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