Expert: Paul Henneman - 8/9/2007

Question
Would you go to the following site and give me your honest opinion about the investment strategy it promotes:  www.FreedomRocks.com/29996

Thank you.

Scott

Answer
Scott,
  Thank you for your question!
  I am not familiar with this service, but did take a look. I am also not an expert in the Forex markets.
  When I first pulled the site up, I was very hesitant. Looked like alot of other 'scams' out there that try to sign you up for training. However, I did click around and read a bit, and I do like their honesty that the prospect of large returns also comes with risk. They are very up front about that, an honest approach.  Here is a quote from their site:

"Forex trading is a highly leveraged, dynamic class of investing in which only risk capital should be used. �Risk capital� is defined as money which would not represent a significant change in your day-to-day lifestyle if it were lost. Significant profits and losses can result from over-leveraged positions, improper risk management, and lack of understanding about the FreedomRocks software and/or your broker�s trading platform. Always practice with a demo account until you are 100% comfortable with these concepts and functions."

   So while I do not have any first hand experience with either this service, or even with the Forex markets in general, if I were interested I would perhaps take a close look at this. I would be very cautious, and take their advice to track a demo account, then if you do begin to trade actual funds start with small amounts. Caution is key when trying ANY new investment.

I wish you the best with this, I would be interested to learn how it goes should you decide to proceed.

Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com