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The KISS
Forex Trading System ("Keep It Simple Stupid")
is a trading system that can be traded manually, or optionally,
trading can be automated with their expert advisor script for
MT4.
The system
itself is based on identifying and profiting from "breakout"
patterns with the GBP/USD pair. (Experienced traders might be
interested to know that the KISS EA itself is easily adaptable
to other configurations as well, meaning that it can be used
to match other breakout trading systems, in addition to KISS.)
KISS relies
only on these "breakout" identification patterns in
order to conduct its trading, making it a "simple"
approach to trading, without the need for indicators or continual
market monitoring.
But
Does "Keeping it Simple" Turn a Profit?
KISS
Futures Forex At a Glance:
The
"box image" displayed above is the property of KissFutures.com
and its respective owners.
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UBOmeter™
Rating
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Overall
Rating
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What's
UBOmeter™?
The
"UBO" in UBOmeter™ stands for UnBiased
Opinion. We determine the "UBO" score
by finding no less than 10 unsolicited, unbiased consumer
reviews of this product - found
on various forums, blog comments and other social media
properties. Opinions are only measured when the commentor
has no incentive as an affiliate or otherwise bias.
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What
It Claims to Do:
KISS
allegedly turns a 5% to 25% monthly return (they also state
it averages +75 to +150 pips per month), generated solely from
the KISS trading system.
The
KISS system can be traded manually in addition to using the
EA, and it's fundamentally built around market timing and smart
money management.
Their
on-site "forex calculator" shows the possible profits
with KISS over a 12-month period based on your initial trading
capital and your maximum allowable "drawdown", ranging
from very conservative to very aggressive.
For
the sake of example, if you invested $10,000 and traded for
12 months (using monthly compounding), here's what your trading
account would look like with the following drawdown approaches:
•
Using KISS conservatively, trading 4.90 MINI lots with
a 10% max allowed drawdown, your $10,000 seed capital would've
grown to roughly $27,000
in one year.
•
Using KISS aggressively, trading 19.61 MINI lots with
a 40% max allowed drawdown, your $10,000 seed capital would've
grown to roughly $275,000
in one year.
Sounds
great.
What
about the actual results?
What
It Actually Does:
Based
on our customer-results oriented research, what's clear is that
the
KISS system really shines as a conservative
trading strategy for generating a 5% to posssibly 10% monthly
return on your money.
The
unanimous feeling among traders who've tried using KISS is that
it's well-worth the money for the adaptable KISS EA, as well
as the 5 bonus EA's that are included with your life-long membership.
But they each made it clear that it's simply not a performer
in a high-risk trading environment, trading high lot volumes.
Support
was also clearly above-board in every respect, and the coaching
forum for clients of KISS is also seen as a real asset.
Conclusion:
KISS
Forex Trading works, but not exactly as described.
I
would recommend KISS for both the more experienced traders who
want to experiment with using the adapatable EA for breakout
trades, as well as for conservative traders who want to aim
for a reliable 5% to 10% monthly return.
But
as for turning $10,000 into $275,000...
...well,
that's not a "simple" matter :-)
The
"box image" displayed above is the property of KissFutures.com
and its respective owners.
You
can download your own copy of KISS Forex here >>
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