UKDropshop.com

Created by Karl Dittmann, 200 Pips Daily Profit is a forex trading indicator that shows users trades to make to earn 200 pips per day.

What is the product?

200 Pips Daily Profit follows a pretty standard set up for a forex indicator. Users will be notified whenever a trade is identified through a visual and audio cue as well as an email being sent out should you be away from your computer. Karl Dittmann has designed 200 Pips Daily Profit to be as flexible as possible which means that it is allegedly capable of trading on any currency pair within the M15, M30, H1 and H4 timeframes. 200 Pips Daily Profit also uses the Meta Trader 4 platform in order to open it up to as many people as possible. In order to make 200 Pips Daily Profit more user friendly, 200 Pips Daily Profit automatically applies stop loss and take profit automatically. Whilst Karl Dittmann claims that 200 Pips Daily Profit uses a proprietary algorithm that uses “super powerful mathematical analysis”, the basis is actually in a more traditional scalping method that is allegedly perfect for trading in volatile conditions.

What is the investment vs. the rate of return?

Karl Dittmann has chosen to market 200 Pips Daily Profit for $87 which is about what I would expect to pay for a forex product like this. Because it is sold through Clickbank, 200 Pips Daily Profit also comes with a 60 day money back guarantee. In terms of income, it is suggested by the name that 200 Pips Daily Profit should make 200 pips in profit per day. The amount that this works out will be dependent on what your investment is.

Does the product provide value for money?

I have a number of doubts about 200 Pips Daily Profit that stop me from calling it value for money.

Conclusion

Let’s address the numerous problems with 200 Pips Daily Profit, the first of which is that the examples provided appear to be back tested. This means that they have likely been cherry picked or that the previous results were set to match these trades. I also have concerns about the disclaimers surrounding income which go well beyond the usual amounts. This makes me seriously question whether they are there to cover Karl Dittmann’s back legally or in terms of clientèle who don’t achieve what they expected. The forex market is very competitive and frankly I believe that there are better offerings on the market than 200 Pips Daily Profit.