Our Daily Pips Machine review explains that this Forex trading system of Vince Black is a scam.
Black says that his Daily Pips Machine trading system will provide you with Forex trading signals that have a 90.2% accuracy. His system is allegedly so good that it will make you more than $50,000 per month.
And such a “great” system cost only $37. Does it make any sense?
Daily Pips Machine scam
Of course that Daily Pips Machine is a scam and that it doesn’t make any sense. If you have a trading system that can make you a millionaire within two years, you don’t sell it for $37 to anyone, you just use it and become a millionaire.
This is how you can spot the majority of scams, their offer just don’t make any sense. It might sound too simple, but in reality common sense is something that can save you from a lot of trouble in the trading and investment area.
Vince Black scammer
Check our picture to see that Black’s photo is in fact a stock photo. This is a proof that he is fake.
How it really works
Scams like Daily Pips Machine are dead simple and there is a ton of them. They sell crappy signal and/or trading systems that are losing money.
But their authors know that there will always be a percentage of people who will not ask for a refund, even when they see that the system is not working.
And this is how scammers make money, they keep the money of scammed people who do not ask for a refund for whatever reason, even if they are entitled to it.
Daily Pips Machine is a boring scam that cannot and won’t make you any money in Forex trading. It is just a waste of time.
Profitable Forex trading is a skill that you have develop. You should practice on a demo account and learn until you acquire it.
There are no magic trading systems that you can get for a few bucks and become rich quickly.