Many forex software solutions claim to provide exclusive indicators which are used to generate buy and sell signals. 

10 Minute Forex Wealth Builder Home Page

10 Minute Forex Wealth Builder adopts a very different position, and counters that those who use indicators are destined to lose their trading accounts within 90 days and a very different approach needs to be used. 

Price is the only indicator which the 10 Minute Forex Wealth Builder uses, and this, it is claimed, generates far more profits, and in a less emotional way, which avoids the “gambling” aspect of day trading.

To test this theory, we first of all downloaded the forex solution.  The software installed and was configured very quickly without any fuss in a matter of minutes.

The 10 Minute Forex Wealth Builder targets three traits which cause 95% of day traders to fail. 

Firstly, the solution seeks to remove all of the emotion from trading so the two common motivators of fear and greed do not factor in the mindset of the forex trader.  Trades are triggered several hours or days before the event takes place which removes the instinctive urge to take profits early or let losses run on in anticipation of making the money back. 

The 10 Minute Forex Wealth Builder does not allow you to hands-on control trades as they take place; you are required to set the parameters before the trade, based on the price movement alone, which makes sense from the point of view of using expertise and rational judgment to make profit out of the market.

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The second thing the software solution does, is that it precludes over trading – this is where trading is taking place simply because the day trader feels they should be doing something.  In fact, when the market is not profitable the appropriate course of action is to walk away until the market is providing profitable opportunities.  At the very worst, all a day trader will do in such conditions is run up a bill for executing the trades.

Finally, 10 Minute Wealth Builder provides no lagging indicators and only uses price indicators to determine deal entry and exit points on trades.  Price is the ultimate arbiter of how much profit and pips will be made on a trade and all other indicators are going to be based on historical information that has already taken place by the time it is presented to a trader.

Over the testing week we ran the software solution, we experienced a 70% success rate on buy/sell decisions, however, we also noticed that our profit making positive trades were on average, more than double the loss making trades so in fact, in money and pip terms we were making money more than 95% of the time we traded using the solution.

The Verdict

We found the 10 Minute Forex Wealth Builder to be simple and easy to use.

We had a great deal of confidence in the platform once it had triggered several trade opportunities that actually came good, but it was disconcerting not being around to handle the transaction personally. 

In this, the software does deliver exactly what it claims to do – fully automated trading with no emotional roller coaster and trade buy and sell decisions being made based upon rational and objective information. 

The software comes with a 60 day money back guarantee which we don’t see being used too often, if at all, by anyone.

This solution represents extremely good value for money.

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