1000 Pip Climber System is a Forex trading indicator that has received a lot of glowing reviews and testimonials out there. This type of customer feedback is even beginning to sound too good to be true as everyone is rating the system with a 5 star and saying every good things about it.
So in this 1000 Pip Climber System review, we will be looking to find out whether or not this Forex indicator is worth paying $149 for.
The reviews and testimonials which we are seeing around may be real. But at the same time, they may be fake. The only way to tell whether they are real or fake is by looking at facts and trying to confirm them with customer feedback from people who seemingly experienced some sort of problems with this Forex indicator.
This product is owned by someone called Jim. He is only introduced by one name, so it’s not very easy to learn more about him.
The website appears to be very popular, especially in the US as it has a good Alexa ranking. That is an indication of lots of traffic coming to this site, probably because these people saw the glowing reviews and are thinking that this product is worth buying.
So far, we do not know about Jim and his experience. The website puts more emphasis on the product rather than the experience of the person who developed it.
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Jim announces on his site that this product follows 100% rule-based trading concept where no guess work will be applied at any point in time.
1000 Pip Climber System delivers signals with Take Profit and Stop loss too. This makes work easier as subscribers don’t need to guess where to enter or exit the markets.
We tried finding the trading methodology of this product and realized that this explanation was not on their site at all. Instead, the owner claims that 1000 Pip Climber System uses sophisticated algorithms to figure out where to enter and exit trades accordingly. Because it’s a sophisticated product, users simply have to sit and wait for the right trade setup. These are supposed to be communicated through email and sounds so that one may never miss out on signals.
They also claim that 1000 Pip Climber System mechanical, and that if you follow the signals, you will achieve success.
Throughout the site, there is an emphasis of high performance because Jim claims the system has been tested, and that it has proved to be consistent. Unfortunately, this assertion was not backed by any past trading results. There are no backtests at all, and neither does Jim maintain any active Myfxbook account for tracking results.
He just makes allegations that this system has produced consistently strong results in the past, and that this is proof enough that 1000 Pip Climber System works and should be trusted.
This type of presentation is not the standard of selling any Forex indicator on the internet. For us to believe that this product works as claimed by the owner, there must be some sort of proven track record. This must be availed on the site without having us asking the owner of the site to release the records when wanted. It’s the right of every visitor of that site to gain access to those records and make an informed decision right away.
But as it currently stands, one has to contact Jim if they want to see past or active performance of this system. After all, Jim claims that he uses this system on a daily basis to trade the Forex market. If that’s the case, Jim should be very proud to release his track record showing how this system has been performing.
So far, that is not available on the site. Instead, Jim has employed a marketing approach that concentrates on claims which haven’t been backed by any facts yet.
1000 Pip Climber System is said to be quite efficient as it has been targeting an average of 1,400 monthly pips in its last two and a half years of testing.
That’s great. But is there any record showing these figures to be true? Has Jim presented some proof to show his trading activities and how he was able to average 1,400 pips every month with this trading system? We wonder.
The fact of the matter is that such claims must always be backed by record of performance. A Myfxbook or samples of monthly trading statements would suffice. But it seems Jim is clearly ignoring this part of marketing, and thus his credibility is taking a huge hit.
We might have trusted this system because the many glowing customer feedback it has received since it got launched. But again, we don’t wish to rely on customer feedback 100% of the time. We want to find a way of balancing user feedback with facts to come up with a truthful review.
So far, we are not convinced that 1000 Pip Climber System has been making at least 1000 pips per month. If this was possible on a consistent basis, Jim and his team would have proudly displayed results on their website.
It’s easy to set up and get started with. When signals are delivered, users are told entry points, take profit and stop loss.
Signals have up to 3 take profit points. So depending with your style of trading, you may find this feature quite useful.
The system allegedly comes with a video where you can watch how to get started and become a successful trader using 1000 Pip Climber System.
It’s an ideal choice for both beginners and experienced traders. So far, these are the only advantages we have read about the 1000 Pip Climber System. We are not sure if these advantages will translate to Forex profits though.
On the homepage of the 1000 Pip Climber System, you will see some testimonials that were allegedly submitted by happy customers.
What surprises us is that these people are not represented by their actual photos. Instead, they are represented by animated photos which are hard to investigate.
Maybe these ”happy investors” were not willing to expose who they are. But why? Why would they be happy and at the same time not willing to submit their photos alongside those testimonials to show us everything about them and their experience with the 1000 Pip Climber System?
Although there are very good customer feedback elsewhere about this product, we were able to find one disgruntled customer who wanted his money back. The system didn’t seem to work for him as claimed on the website.
He didn’t get the expected results and trading experience like the rest of the users who were allegedly making money with this Forex indicator.
This is rather weird because of all the people who claimed that 1000 Pip Climber System, only one person experienced their dissatisfaction.
We would have loved to recommend this system. Unfortunately, it has a downside. The alleged trading results have not been proven, and we don’t think Jim is willing to do this anytime soon. The best thing you can do now is to stick to our usual Forex product recommendations.
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