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Tested Result: margin call :(
Freedom Rocks
 

Updated: 15-11-2007

Profitable: 5.5/10

Easy To Follow: 7/10

Honest Result: 9/10

Support: replies within 24 hours (tested via 3 E-mails)

Bonus Value: 7/10

Results: 3/5

The Good: System is well-known and has professional support and conferences, detailed manuals

The Bad: I think you could better make money on reselling it by MLM scheme rather than trading itself..Just my opinion

 
 

REVIEW: FreedomRocks is an old well-known system. Site has good flash presentation about trading ideas and business concepts (reselling of software by MLM mechanism). You can also subscribe to the member's area and pay monthly fees. Ok, I read a lot of good and bad reviews of FreedomRocks and decided to test it myself. I got a subscribtion for 1 month.  Inside member's area I found a portfolio manager and allocator and a lot of useful links to broker comparisons, detailed manuals and they also hold audio conferences. The idea of the system is easy - you open 2 orders at the same time for 2 cross currencies that correlate each other, for example Euro/USD and USd/CHF. If one goes up, the other goes down in some correlation, so in some periods you should be in plus. My first trade was really profitable. I made over 560 pips in 1 week and decided to close the trade. But the second week was really aweful for me.  My trades went to huge minus and finally I got a margin call after 2 weeks of staying in a huge drawdown. So for me this system did not work, maybe I opened my trades in the "wrong place at the wrong time".  I'd better say you can resell it and make money without risk ;)

Update November 2008. FreedomRocks released the HyperDrive system.