Set-and-forget.com Review

Based on checking the website, Set-and-forget.com presents itself as a trading education platform focused on “supply and demand” strategies for various markets, including stocks, Forex, and cryptocurrencies.

However, it’s crucial to approach any platform promising consistent profits in volatile markets like trading with extreme caution.

The very nature of trading, especially with leverage, inherently involves significant risk.

The platform offers courses and “trade ideas,” which might entice those seeking quick financial gains.

Here’s an overall review summary:

Website Focus: Trading education stocks, Forex, crypto using a “supply and demand” strategy.
Products Offered: Comprehensive trading courses, monthly trade ideas subscription, and bundled course packages.
Pricing: Courses range from €295 to €395, with a bundle at €895. Trade ideas subscription is €65/month.
Risk Disclosure: The website includes a “High Risk Warning” and disclaimers about potential losses, which is a necessary, albeit often overlooked, element in trading education.
Community: References “set and forget community” and “fellow members,” suggesting a community aspect.
Ethical Consideration Islam: Financial trading, particularly involving leverage, speculative instruments like Forex and derivatives, and certain cryptocurrencies, often carries elements of riba interest, gharar excessive uncertainty/speculation, and maysir gambling, which are strictly prohibited in Islam. The website’s promotion of “consistent profits” and “quick gains” through these volatile markets raises significant concerns about its permissibility. The absence of clear, verifiable Shariah-compliant financial instruments or methodologies makes this platform problematic from an Islamic perspective. Engaging in such activities, even for educational purposes, can lead one down a path of financial instability and ethical compromise.

The promise of “unlocking trading success now” and “consistent profits” in markets where “up to 95% of stock and Forex traders fail to make consistent profits” creates a dichotomy that warrants deep skepticism. While the website emphasizes learning a specific strategy supply and demand, the underlying activity of speculative trading in Forex and cryptocurrencies inherently involves high risk and falls into areas of financial activity that are generally considered impermissible in Islam due to elements of gharar excessive uncertainty or ambiguity and maysir gambling. There’s no clear indication of Shariah-compliant trading instruments or methods being taught, making this a risky venture for anyone seeking ethical financial growth.

Instead of engaging in highly speculative trading, which often leads to significant losses and can be financially and spiritually detrimental, focusing on ethical and stable avenues for financial growth is far more advisable.

These alternatives prioritize long-term, tangible value creation, avoid excessive risk, and align with principles of fairness and ethical conduct.

Here are some ethical and productive alternatives for wealth building:

Real Estate Investment: A tangible asset that provides potential for long-term appreciation and rental income. It’s often considered a more stable investment, especially when pursued through ethical, non-interest-based financing.
- Key Features: Tangible asset, potential for passive income, inflation hedge, long-term growth.
- Average Price: Varies significantly from thousands for fractional ownership to millions for full properties.
- Pros: Stable, tangible, can be a hedge against inflation, provides cash flow.
- Cons: High capital requirement, illiquidity, requires maintenance and management.
Ethical Business Startups: Launching a business that provides genuine value, services, or products. This involves direct engagement in permissible trade and entrepreneurship.
- Key Features: Direct value creation, control over operations, potential for significant growth, aligns with ethical principles.
- Average Price: Varies wildly from a few hundred dollars for online ventures to tens of thousands for brick-and-mortar.
- Pros: High earning potential, personal fulfillment, job creation, direct contribution to society.
- Cons: High risk of failure, demanding time commitment, complex regulatory environment.
Sustainable Agriculture Ventures: Investing in or starting projects related to farming, food production, or agricultural technology that promote ethical and environmentally friendly practices.
- Key Features: Food security, environmental benefits, tangible product, direct impact.
- Average Price: Can range from small community garden investments to large-scale farm purchases.
- Pros: Contributes to essential needs, environmentally conscious, potential for consistent returns from sales.
- Cons: Dependent on natural conditions, labor-intensive, market volatility for produce.
Skill Development & Education: Investing in yourself or others through education, certifications, and vocational training that leads to high-demand skills. This builds human capital, which is a lasting and valuable asset.
- Key Features: Enhances employability, increases earning potential, lifelong learning, builds expertise.
- Average Price: From free online resources to thousands for specialized certifications or degrees.
- Pros: Directly improves personal and professional capabilities, stable income potential, intellectual growth.
- Cons: Time-consuming, initial cost, no immediate financial return.
Artisanal Craftsmanship & Design: Developing skills in crafts like woodworking, pottery, textile design, or fine art, and selling unique, handmade goods. This involves creating tangible, valuable items.
- Key Features: Creative expression, unique product, direct sales model, builds a brand.
- Average Price: Startup costs can be low materials to moderate equipment.
- Pros: Fosters creativity, direct connection with customers, can be very profitable for niche markets.
- Cons: Market can be saturated, requires significant skill development, time-consuming production.
Intellectual Property Development: Creating and monetizing intellectual assets like software, patents, books, or online courses. This involves leveraging knowledge and creativity.
- Key Features: Scalable, potentially high profit margins, low physical overhead.
- Average Price: Varies from very low writing a book to high software development.
- Pros: High potential for passive income, wide reach, can be very impactful.
- Cons: Requires specialized skills, time-consuming development, market competition.
Community-Supported Agriculture CSA Investments: Supporting local farms by buying shares of their harvest in advance. While not a direct investment for profit, it supports ethical food systems and can offer long-term benefits in terms of access to fresh produce and community engagement.
- Key Features: Supports local economy, fresh produce, fosters community ties, sustainable.
- Average Price: Typically a few hundred dollars annually for a share.
- Pros: Direct access to fresh, local food. supports sustainable farming. reduces carbon footprint.
- Cons: Share contents can vary. requires commitment for the season. not a direct financial investment for return.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Set-and-forget.com Review: A Deeper Dive into Trading Education and Its Risks

When you land on Set-and-forget.com, you’re immediately hit with bold claims: “Unlock Trading Success Now!” and promises to help you stop “losing money in the markets.” The core of their offering revolves around “supply and demand imbalances” as the “hidden forces driving all markets.” This narrative, while compelling to aspiring traders, is essentially a marketing hook for a niche in financial education. But before you dive into the allure of consistent profits, it’s vital to dissect what’s actually being offered and the inherent risks tied to the underlying activities. The world of trading, especially Forex and cryptocurrency, is notoriously volatile, and while education is valuable, the inherent speculative nature of these markets often clashes with ethical financial principles.

Understanding the Set-and-forget.com Approach to Trading

Set-and-forget.com positions itself as an academy that teaches a specific “supply and demand” strategy, which they claim is the key to identifying “high-probability trade zones.” This strategy is a recognized concept in technical analysis, aiming to predict price movements based on areas where buying demand or selling supply interest is concentrated.

However, the application and success of such strategies are highly dependent on market conditions, individual discipline, and a deep understanding of market dynamics—factors that no single course can guarantee.

They highlight the failure rate of traders up to 95%, using it as a justification for their unique approach, but this statistic itself serves as a stark warning about the industry they operate within.

The “Supply and Demand” Promise

The website’s entire premise is built on mastering supply and demand. They state, “Supply and demand drive every market—stocks, Forex, and crypto.” This is fundamentally true in economics, but applying it to short-term market speculation for consistent profit is a different beast. Their courses aim to teach you how to “pinpoint high-probability turning points and time your entries like a pro.” While technical analysis tools like supply and demand zones can offer insights, they are by no means foolproof predictors of future price movements, especially in highly manipulated or volatile markets. Real results often diverge significantly from theoretical potential.

Target Audience and Marketing Angles

The platform targets a broad spectrum of traders, from “beginners to seasoned professionals.” This wide net suggests a general approach rather than a highly specialized curriculum.

Their marketing focuses on the negative experiences of traders “tired of losing money,” “wasted on bad advice” and contrasts it with their “truth” about the markets.

This appeal to frustration is a common tactic in the trading education space, aiming to draw in individuals who are desperate for a breakthrough.

The call to “reclaim your life” through trading success is a powerful, yet potentially misleading, emotional appeal.

Set-and-forget.com Offerings and Pricing Structure

The core business model of Set-and-forget.com revolves around selling educational courses and a subscription service for “trade ideas.” These offerings are tiered, designed to cater to different levels of commitment and financial outlay, from single courses to comprehensive bundles. Three-snails.com Review

The pricing structure, while seemingly straightforward, represents a significant investment for individuals seeking to enter these high-risk markets.

Detailed Course Breakdown

The website lists several courses, each focusing on different aspects or markets:

Supply and Demand Core Course €395: This is presented as the foundational course for understanding their primary strategy across stocks, Forex, and crypto. It promises to teach “precision” and “timing entries.”
Master Cryptocurrency Trading Course €295: Specifically tailored for the crypto market, it aims to teach spotting “high-probability trades” using supply and demand imbalances and price action. This is particularly concerning given the extreme volatility and unregulated nature of many crypto assets.
All Five Courses Bundle €895: This comprehensive package includes the Core Principles, Intraday, Cryptocurrency, Master Unsustainable Moves, Oil and Gas, and Fundamental Analysis courses. The bundle offers a discount, suggesting a higher value proposition for those fully committing to their educational ecosystem.

Trade Ideas Subscription Service

Beyond the courses, they offer a “Trade Ideas Plan” for €65/month. This subscription provides:

Daily Hot Picks: For Forex, US Stocks, ETFs, and Cryptos.
Bi-weekly Video Analysis: To accompany the trade ideas.
Swing and Long-term Imbalances: Different timeframes for analysis.
Curated Watchlists & Bookmark Trade Ideas: Tools for organization.
Request Updates of Any Asset: Personalization.

While these services might appear beneficial, providing “trade ideas” can foster dependency rather than independent learning and critical thinking.

It also raises questions about accountability if these ideas lead to losses, despite the disclaimers.

For individuals, relying on external signals without a deep understanding of the underlying rationale is a recipe for disaster.

Pricing Transparency and Value Proposition

The pricing is clearly stated in Euros, which is transparent. However, the value proposition is subjective.

Is €895 for a bundle of courses worth it? This depends entirely on the quality of the content, the mentorship provided if any beyond the courses, and most importantly, whether the knowledge gained can be applied successfully in live trading.

Given the high failure rate in trading, the “return on investment” for these courses is highly uncertain and often negative for the majority of participants.

Risks and Ethical Concerns with Set-and-forget.com

The primary concern with Set-and-forget.com, and indeed with any trading education platform focusing on speculative markets, is the inherent risk of financial loss and the ethical implications. Racext.com Review

While the website includes disclaimers about risk, the marketing often downplays these realities by emphasizing “success” and “profits.”

High-Risk Financial Activities

The markets Set-and-forget.com focuses on—Forex, stocks, and especially cryptocurrencies—are known for their extreme volatility and the high degree of leverage often involved.

Forex Foreign Exchange: While a legitimate market, individual retail Forex trading often involves high leverage, magnifying both gains and losses. The market is also largely unregulated in many aspects, leading to potential for manipulation.
Cryptocurrencies: These are perhaps the riskiest assets mentioned. Many cryptocurrencies are highly speculative, lack fundamental value, and are prone to sudden, drastic price swings. The website even mentions “Fartcoin Meme Coin” and “Dogecoin,” which are speculative digital assets with no real-world utility, making any trading advice on them akin to gambling. The phrase “A Useless Coin That Can Still Make You Rich” for Shiba Inu is a direct appeal to maysir gambling mentality.
Stocks: While stock investing can be a long-term, value-driven activity, the focus on “high-probability trade zones” and “timing entries” often points towards short-term speculation rather than fundamental investing.

Elements of Gharar Uncertainty and Maysir Gambling

From an Islamic perspective, trading platforms like Set-and-forget.com are problematic due to elements of gharar and maysir.

Gharar: This refers to excessive uncertainty or ambiguity in a contract or transaction. In speculative trading, particularly with derivatives, futures, and leveraged Forex, the outcome is highly uncertain, and success often relies more on chance and market speculation than on tangible economic activity. The “set and forget” mentality itself can promote a hands-off approach to something that requires constant vigilance, adding another layer of gharar.
Maysir: This refers to gambling or games of chance. When financial gain is primarily dependent on unpredictable events or pure speculation, rather than productive effort or creation of real value, it falls under maysir. The promotion of “hot trade ideas” and focusing on speculative assets like meme coins strongly suggests elements of gambling. The website’s own admission that “between 80% and 95% of traders do not consistently make a profit” underscores the lottery-like nature for the vast majority.

Lack of Shariah Compliance

The website makes no mention of Shariah-compliant trading strategies, instruments, or brokers.

This is a critical omission for any platform claiming to provide ethical financial guidance.

In Islam, investments must be in permissible halal assets, free from interest riba, and devoid of excessive speculation gharar and gambling maysir. Given the explicit promotion of Forex and various cryptocurrencies without any ethical filters, Set-and-forget.com cannot be considered a permissible avenue for wealth acquisition or education in an Islamic framework.

Addressing the Set-and-forget.com “Set It and Forget It” Company Philosophy

The very name “Set and Forget” implies a degree of automation or ease that can be highly misleading in the context of active trading.

While some long-term investment strategies can be “set and forget” e.g., diversified index funds for decades, short-term speculative trading, as promoted by this site, is anything but.

It requires constant monitoring, analysis, and risk management.

The “set and forget community” might imply shared knowledge and support, but this doesn’t negate the fundamental nature of the activity. Emanuele-nicheperfume.com Review

Misleading Simplicity

The idea of “set it and forget it” in trading is a dangerous oversimplification.

Markets are dynamic, influenced by countless variables, and what works today might not work tomorrow.

Relying on a fixed strategy without adaptation can lead to significant losses.

The name itself might contribute to a false sense of security among beginners, making them believe that once they learn the strategy, profits will automatically follow with minimal effort.

This contrasts sharply with the reality of market participation, which demands continuous learning and active management.

Focus on Profit, Not Ethical Growth

The primary motivation presented by Set-and-forget.com is “Achieve Trading Success and Reclaim Your Life” and “Make Money Trading.” While earning a livelihood is essential, the pursuit of wealth through speculative means, without regard for the ethical implications of the methods used, is problematic.

True financial well-being, from an ethical standpoint, comes from engaging in productive activities, fair exchange, and value creation, not from profiting off market fluctuations alone.

Set-and-forget.com’s Digital Presence and Credibility

A website’s digital footprint, including its blog, social media presence, and underlying technical details, can offer insights into its operational transparency and credibility.

Set-and-forget.com maintains an active blog and social media presence, which are often indicators of an engaged community and ongoing content creation.

Blog Content and Relevance

The blog posts on Set-and-forget.com are updated frequently, with several posts appearing in May and June 2025. The topics range from analyses of specific crypto assets like Dogecoin, Algorand, Shiba Inu, Fartcoin to Forex pairs and stock market events e.g., UPS, American Airlines. While the content demonstrates an active interest in market analysis, the specific focus on highly speculative assets like “meme coins” and the sensationalist titles “Is Fartcoin Meme Coin About to Crash Hard?” further reinforce the speculative nature of the platform’s offerings. Freeflow.zone Review

The blog often discusses “winning memecoin trades,” which directly encourages participation in highly volatile, often baseless, crypto ventures.

Social Media Presence

Set-and-forget.com links to YouTube, Instagram, Facebook, and Twitter.

An active social media presence can build community and trust.

However, for a trading education platform, it’s crucial to evaluate whether these channels responsibly communicate risks or primarily hype potential gains.

In the trading education space, social media often becomes a platform for showcasing theoretical “wins” and lifestyle marketing, which can be deceptive.

A thorough review of their social media feeds would reveal the tone and emphasis of their communication.

Website Disclaimers and Terms

The website includes extensive disclaimers at the bottom, which is a legal necessity for any financial education platform.

These disclaimers explicitly state that any advice is “General Advice Only,” “does not take into account your personal circumstances,” and that “Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk.” They also emphasize that “the past performance of any trading system or methodology is not necessarily indicative of future results.” While these statements are crucial for legal protection, they often contradict the aspirational language used elsewhere on the site that promises “success” and “profits.” The presence of standard cookie consent management is also noted.

Alternatives to Set-and-forget.com: Building Ethical and Sustainable Wealth

Given the significant ethical and financial concerns associated with speculative trading, especially as promoted by platforms like Set-and-forget.com, focusing on ethical and sustainable wealth-building strategies is paramount.

These alternatives prioritize real economic activity, value creation, and long-term stability, aligning with principles of justice and equity. Oneclickdz.com Review

Investing in Real Assets and Productive Enterprises

Instead of speculating on market fluctuations, direct investment in tangible assets or productive businesses offers a more stable and ethically sound path to wealth.

Direct Business Investment: Supporting or starting businesses that provide real goods or services. This could involve investing in a local bakery, a tech startup solving real-world problems, or an e-commerce venture selling ethical products. This aligns with the concept of musharakah partnership or mudarabah profit-sharing in Islamic finance.
Real Estate Ethical Acquisition: Investing in property for rental income or long-term appreciation, ensuring the financing methods are free from interest riba and that the property itself is used for permissible purposes.
Sustainable Commodity Investment: For example, investing in physical gold or silver as a store of value, or agricultural commodities in a way that supports sustainable farming and food security, avoiding speculative futures contracts.

Skill Development and Entrepreneurship

Investing in oneself through education and skill acquisition can be the most potent form of wealth creation.

Vocational Training and Certifications: Acquiring skills in high-demand fields like IT, healthcare, renewable energy, or specialized trades. This leads to increased earning potential and career stability.
Online Course Creation: Developing and selling educational content on a skill or knowledge area you possess. This is a direct act of value creation and can generate passive income through intellectual property.
Consulting or Freelancing: Leveraging your expertise to provide services to businesses or individuals. This offers flexibility and direct control over your income.

Shariah-Compliant Financial Instruments

For those interested in financial markets, exploring specific Shariah-compliant options is crucial.

Halal Stock Investments: Investing in publicly traded companies that operate in permissible industries e.g., technology, healthcare, manufacturing, real estate and meet specific financial screening criteria e.g., low debt, no interest-based income. This often involves long-term, value-based investing rather than short-term speculation. Resources like Zoya Finance or Wahed Invest provide platforms for Shariah-compliant investing.
Sukuk Islamic Bonds: These are Shariah-compliant alternatives to conventional bonds, representing ownership in tangible assets or specific projects, generating returns from rental income or profit-sharing rather than interest.
Takaful Islamic Insurance: A cooperative system of mutual assistance, where participants contribute to a common fund to cover potential losses, as an alternative to conventional interest-based insurance.

By redirecting energy and resources away from speculative trading and towards productive, ethical, and sustainable ventures, individuals can build more robust and spiritually fulfilling wealth.

The “set and forget” ideal is better applied to long-term, low-maintenance strategies like ethical passive income streams or value investing, rather than the high-stakes, uncertain world of speculative trading.

Set-and-forget.com Review & First Look

When you first land on Set-and-forget.com, the immediate impression is one of urgency and a promise of a solution to a widespread problem: losing money in financial markets. The bold headlines like “Unlock Trading Success Now!” and “No More Impulsive Trades – No More Guesswork” are designed to hook frustrated individuals seeking a breakthrough. This sets the stage for a platform that positions itself as an authority in trading education, specifically touting a “supply and demand imbalance” strategy. From a quick glance, the site feels professional with clear calls to action, such as “Learn to Trade” and “Get Free Trade Ideas.” However, the pervasive emphasis on “consistent profits” in volatile markets like Forex and crypto immediately flags it as a high-risk proposition, regardless of the educational quality. The site attempts to build credibility by citing statistics about high failure rates in trading, implying their method is the exception, which is a common marketing tactic in this industry. It’s a classic “problem-solution” narrative, but the solution—speculative trading—inherently comes with significant pitfalls.

Initial Impressions of the Homepage Design

The homepage is cleanly laid out, featuring large text blocks, clear headings, and prominent buttons for learning and accessing free ideas.

Visual Appeal: The design is modern, with a dark theme contrasting with bright call-to-action buttons. It’s easy on the eyes and professional.
Navigation: Key links like “Learn to Trade,” “Trading Courses,” “Contact us,” and “FAQs” are readily accessible in the footer and main navigation. This indicates a well-structured site aimed at guiding visitors through their offerings.
Content Hierarchy: The flow of information starts with the problem losing money, introduces their solution supply and demand strategy, highlights the benefits consistent profits, and then moves into specific course offerings and testimonials though no direct testimonials were provided in the text, only implied success.

Claims and Promises vs. Reality

The website’s language is heavily geared towards aspiration and overcoming past failures. Phrases like “Say goodbye to frustrating losses and hello to consistent profits” and “Take control of your trading success today!” are emotionally charged.

The “95% Failure Rate”: They highlight that “up to 95% of stock and Forex traders fail to make consistent profits.” While this statistic is widely cited and generally accurate, it also serves as a stark reminder of the extreme difficulty and risk associated with these markets. The implicit promise is that their system will make you part of the successful 5%, which is a very high bar to clear.
“No Hype. Just Profits”: This claim is directly contradicted by the highly emotive and aspirational language used throughout the site, which heavily relies on “hype” to attract users. The focus on “profits” without equally emphasizing the high probability of losses creates a skewed perspective.
The “Truth” About Markets: They assert, “Everything you’ve been told about the markets is wrong. How long have you been searching for the right way to profit? How much time and money have you wasted on bad advice that leads to failure? It’s time to change that.” This narrative positions them as revealing hidden truths, a common trope in educational programs that claim to offer a secret key to success.

Ethical Review in an Islamic Context

From an ethical standpoint, particularly in an Islamic context, Set-and-forget.com raises significant red flags.

The core activity they promote—speculative trading in Forex and cryptocurrencies—often involves elements that are considered impermissible. Cbtnuggets.com Review

Forex and Crypto: Both markets are rife with gharar excessive uncertainty and maysir gambling. Forex trading, especially with leverage, often involves transactions where the underlying assets are not physically exchanged, and profits are derived from price fluctuations rather than tangible value creation. Cryptocurrencies, particularly “meme coins” like Fartcoin or Dogecoin that have no intrinsic value or utility, are purely speculative instruments, making their trading akin to gambling.
Interest Riba: While not explicitly mentioned, conventional Forex and stock trading platforms often involve overnight financing fees swaps that constitute riba interest. Without clear guidance on Shariah-compliant brokers or interest-free accounts, engaging with such a platform risks falling into riba.
Emphasis on Quick Profits: The website’s focus on “quick gains” and “consistent profits” from volatile markets can encourage a mindset of seeking wealth without productive effort or genuine economic activity, which is discouraged in Islam.

Set-and-forget.com Cons & Red Flags

When evaluating a platform like Set-and-forget.com, it’s crucial to look beyond the enticing promises and identify potential downsides and warning signs.

While the website presents itself as a solution for struggling traders, several aspects raise concerns, especially when viewed through the lens of ethical financial practices.

The inherent nature of the services offered—education for speculative trading—is itself the biggest red flag.

High-Risk Nature of the Advocated Trading Activities

The most significant concern is the very type of trading that Set-and-forget.com advocates: speculative Forex, stock, and cryptocurrency trading.

These markets are inherently high-risk, and the probability of losing money, especially for retail traders, is extremely high.

Leverage and Margin Trading: While not explicitly detailed, Forex and CFD Contract for Difference trading often involve high leverage, which magnifies both gains and losses. A small market movement against a trader can wipe out an entire account. The website’s disclaimer “The high degree of leverage can work against you as well as for you” is a polite way of saying it can destroy your capital quickly.
Volatility of Cryptocurrencies: The emphasis on trading cryptocurrencies, including “meme coins” like Fartcoin and Shiba Inu, is a major red flag. These assets are incredibly volatile, driven largely by speculation and social media trends rather than fundamental value or utility. Trading them is akin to a lottery ticket, not a sound investment strategy. The blog post title “The Shiba Inu Metaverse Crypto: A Useless Coin That Can Still Make You Rich” perfectly encapsulates the speculative, gambling-like mentality.
Psychological Toll: The pursuit of “consistent profits” in these markets can lead to significant psychological stress, impulsivity, and addiction, undermining financial stability and mental well-being. The “No More Impulsive Trades” claim is ironic when the nature of the market itself often fosters such behavior.

Unrealistic Expectations and Marketing Hype

Despite disclaimers, the overall marketing language of Set-and-forget.com creates an impression of guaranteed success that is unrealistic for trading.

“Consistent Profits” Promise: The phrase “consistent profits” is repeatedly used, which is a near impossibility in speculative trading, especially for individual traders. Markets are unpredictable, and even professional traders experience drawdowns and losing periods.
“Break Free From the Illusion” While Creating Another: The website criticizes “false claims of so-called ‘successful’ traders” yet uses similar persuasive language to suggest that their method is the definitive answer. This creates a new illusion of control and predictability where none truly exist.
Understated Risks: While a risk disclaimer is present, it’s often placed in a less prominent position than the alluring promises of wealth. The sheer volume of content pushing “success” overshadows the fine print about potential losses. For example, their bold statement “No Hype. Just Profits” directly contradicts the marketing hype that pervades their messaging.

Ethical and Religious Concerns Islamic Perspective

As detailed in the introduction, the fundamental activities promoted by Set-and-forget.com are problematic from an Islamic finance perspective.

Gambling Maysir: Trading highly volatile, non-productive assets like meme coins, or engaging in highly leveraged Forex speculation, where the outcome is primarily based on chance and market speculation rather than tangible economic activity, falls under maysir. The website’s promotion of “Hot trade ideas” for “quick gains” further reinforces this gambling aspect.
Excessive Uncertainty Gharar: The inherent unpredictability and opacity of many speculative financial instruments introduce excessive gharar. Contracts where the subject matter, price, or delivery is highly uncertain are impermissible.
Interest Riba: Standard brokerage accounts and Forex platforms often involve interest-based financing swaps for holding positions overnight. Without explicit Shariah-compliant alternatives or a guarantee of interest-free operations, engaging with such platforms can lead to involvement in riba.
Lack of Value Creation: The focus is on profiting from price fluctuations rather than creating tangible goods or services, which is the preferred method of wealth generation in Islamic economics. The trading of “useless” meme coins directly contrasts with the principle of value creation.

Limited Transparency on the Team/Expertise Beyond Alfonso Moreno

While Alfonso Moreno is mentioned in the footer About Alfonso Moreno, and implies that the content is provided by “Set and Forget, its employees, or fellow members,” there isn’t extensive detail on the full team behind the courses or the “trade ideas.”

Single Point of Authority: Relying heavily on one individual’s expertise without a broader team of recognized financial professionals can be a weakness. While Alfonso Moreno is presented as the expert, the credentials and track record of “fellow members” providing “general advice” are not detailed.
Lack of Verifiable Trading Performance: While they show blog posts about “profits,” there’s no independent, verifiable audit of their own or their students’ trading performance. This is common in the trading education industry but remains a significant red flag. Without audited results, claims of “consistent profits” are just marketing.

Set-and-forget.com Alternatives

When seeking to build wealth or improve financial literacy, it’s crucial to explore avenues that prioritize ethical practices, tangible value creation, and long-term sustainability over speculative gains.

Set-and-forget.com, with its focus on high-risk trading, does not align with these principles. Aloraspa.com Review

Instead, consider these alternatives that offer more stable, principled approaches to financial growth and personal development.

Ethical Business Development & Entrepreneurship

Instead of trying to extract value from market fluctuations, create value yourself by starting or investing in ethical businesses.

E-commerce Ventures: Selling physical products or digital goods online, focusing on quality, customer service, and ethical sourcing. This involves creating a real product or service and generating revenue through legitimate trade.
Local Service Businesses: Providing valuable services to your community, such as consulting, skilled trades, or educational tutoring. This builds real relationships and solves local problems.
Sustainable Product Manufacturing: Creating products with a focus on environmental responsibility and ethical labor practices. This contributes positively to society and the environment.

Shariah-Compliant Investment Platforms

For those interested in financial markets, seeking out platforms that adhere to Islamic finance principles is essential.

These avoid interest riba, excessive uncertainty gharar, and gambling maysir.

Wahed Invest: An online halal investment platform offering diversified portfolios of ethically screened stocks, sukuk, and gold. They handle the Shariah compliance screening and portfolio management.
Amanah Ventures: A platform for Shariah-compliant real estate investing, allowing individuals to invest in tangible properties without interest-based mortgages.
Zoya Finance: A stock screener app that helps users identify Shariah-compliant stocks. While it doesn’t execute trades, it empowers individuals to make informed, ethical investment decisions on their preferred brokerage.

Skill-Based Learning & Online Education

Instead of learning speculative trading, invest in skills that have enduring value and can generate income through productive means.

Coursera / edX: Platforms offering courses from top universities and companies in high-demand fields like data science, programming, digital marketing, and project management. These skills lead to employment or opportunities to build your own ethical ventures.
Udemy / Skillshare: Platforms for learning practical skills, from graphic design and video editing to writing and business management. Many courses are taught by industry professionals.
General Assembly: Offers immersive bootcamps and workshops in tech, design, and business, aiming to equip individuals with job-ready skills.

Physical Asset Investment & Ownership

Investing in tangible assets can provide stability and align with ethical principles of wealth.

Precious Metals Physical Gold/Silver: Holding physical gold or silver can serve as a hedge against inflation and economic instability, acting as a store of value rather than a speculative trading instrument. It’s crucial to acquire physical possession.
Agricultural Land or Equipment: Investing in productive land or equipment for farming, contributing to food security and engaging in a real economic activity. This supports sustainable practices and yields tangible output.

Educational Resources on Sound Financial Planning

Instead of learning to speculate, learn about budgeting, saving, and long-term financial planning.

Books on Personal Finance: Resources like “The Total Money Makeover” by Dave Ramsey focus on debt elimination and budgeting or “The Intelligent Investor” by Benjamin Graham focus on value investing, though apply Shariah screening.
Reputable Financial Advisors: Seeking advice from fee-only financial advisors who can provide personalized guidance on budgeting, saving, and ethical investment strategies without pushing speculative products.
Non-Profit Financial Literacy Programs: Organizations that offer free or low-cost workshops and resources on managing money, understanding credit, and planning for the future.

How to Cancel Set-and-forget.com Subscription

If you’ve decided that Set-and-forget.com’s services don’t align with your financial goals or ethical principles, canceling your subscription is a critical step.

While the specific cancellation process isn’t immediately detailed on the homepage, common practices for online subscriptions usually involve accessing your account settings or contacting customer support. Msofficeworks.com Review

Given the nature of monthly “Trade Ideas Plan” subscriptions, you’ll want to ensure you halt recurring charges.

Steps to Discontinue Your Monthly Trade Ideas Plan

Based on common practices for online subscription services, here are the likely steps to cancel your Set-and-forget.com “Trade Ideas Plan” subscription:

Log In to Your Account: The first step is typically to log into your member account on the Set-and-forget.com platform. Look for a “Login” or “Member Area” link, usually found in the top right corner or footer of the website.
Navigate to Account Settings or Billing: Once logged in, search for sections such as “My Account,” “Settings,” “Subscription,” “Billing,” or “Manage Membership.” These areas are where subscription details and cancellation options are usually located.
Locate the Subscription Management Section: Within your account settings, you should find a specific section dedicated to your active subscriptions. Here, your “Trade Ideas Plan” should be listed.
Initiate Cancellation: Look for an option to “Cancel Subscription,” “Manage Plan,” or “Downgrade.” Follow the on-screen prompts, which might include a confirmation step or a brief survey about why you’re canceling.
Confirm Cancellation: Ensure you receive a confirmation email or a confirmation message on the website indicating that your subscription has been successfully canceled. Keep this for your records.
Check for Refunds if applicable: Review their terms and policies regarding refunds for partial months or if you cancel shortly after renewal. Their general terms of use or specific subscription terms should outline their refund policy.

Direct Contact for Issues: If you encounter any difficulties finding the cancellation option or if the process isn’t clear, contact their customer support directly. The “Contact us” link is available in the footer set-and-forget.com/contact-us/. Clearly state your intention to cancel your subscription.

Important Considerations After Cancellation

Access to Content: Understand that canceling your subscription will likely terminate your access to the “Trade Ideas Plan” content immediately or at the end of your current billing cycle.
Recurring Charges: Always double-check your bank or credit card statements a few days after cancellation to ensure that no further charges are processed by Set-and-forget.com. This is a crucial step to avoid unauthorized deductions.
Data Retention: Be aware of their data retention policies as outlined in their privacy policy. If you wish to have your personal data removed, you may need to make a separate request.

Set-and-forget.com Pricing

Set-and-forget.com offers a tiered pricing structure, primarily segmented into individual courses and a subscription service for “trade ideas.” This model aims to cater to different levels of engagement, from one-off educational purchases to recurring access to market insights.

Understanding the pricing is essential for anyone considering their offerings, as it represents a significant financial commitment before even considering potential trading losses.

Course Pricing Structure

The platform provides a selection of educational courses, with varying prices based on their scope and focus:

Trade Ideas Plan: €65 / month
- This is a recurring subscription service. It includes daily hot picks for Forex, US Stocks, ETFs & Cryptos, bi-weekly video analysis, swing and long-term imbalances, curated watchlists, and the ability to request updates on assets. It explicitly states, “The Supply and Demand Trading Course is sold separately,” indicating that this is a content delivery service, not a full educational package.
Supply and Demand Core Course: €395 originally €495, indicating a discount
- This is positioned as the fundamental course to “learn the truth about the markets.” It focuses on using supply and demand to identify high-probability turning points across stocks, Forex, and crypto. This appears to be a one-time purchase for the course content.
Master Cryptocurrency Trading Course: €295 originally €445, also discounted
- This specialized course aims to teach crypto trading using supply and demand imbalances and price action, covering both bull and bear markets. Like the core course, this is a one-time purchase.
All Five Courses Bundle: €895 originally €1475, a substantial 40% discount
- This comprehensive bundle includes all five supply & demand courses: Core Principles Course, Intraday Course, Cryptocurrency Course, Master Unsustainable Moves, Oil and Gas, and Fundamental Analysis. It also “Includes trade ideas” though the duration of this inclusion isn’t specified, it might be for a limited period or perpetual access to a static library of ideas, not the monthly subscription. This is the highest-tier one-time purchase.

Payment Methods and Currency

The prices are listed in Euros €. This suggests that the platform primarily targets a European audience or operates from a Eurozone country, although their marketing is in English, indicating a broader global reach.

Payment methods are not explicitly detailed on the homepage, but typically online platforms accept major credit cards Visa, Mastercard, American Express and sometimes PayPal or other digital payment gateways.

Comparison to Industry Standards

The pricing for these courses and services is within the typical range for online trading education.

Many similar platforms offer courses ranging from a few hundred dollars to several thousand, often bundled with mentorship or “signals.”

Value Perception: The perceived value will depend heavily on the quality of the content, the effectiveness of the strategies taught, and the support offered. Given the high failure rate in trading, even a seemingly “affordable” course can become an expensive endeavor if it leads to significant trading losses.
Recurring vs. One-time Cost: The distinction between the €65/month subscription and the one-time course purchases is important. The monthly fee for “trade ideas” can accumulate significantly over time, surpassing the cost of a single course if maintained for an extended period. For instance, a year of trade ideas would cost €780, nearly matching the cost of the full course bundle.

Hidden Costs and “Investments”

Beyond the explicit pricing, it’s critical to consider the implicit “costs” associated with engaging with a trading education platform: Liquiditystake.com Review

Trading Capital: The most significant “investment” is the actual capital you will risk in live trading. The courses and ideas are useless without funds to trade, and as the disclaimer warns, this capital is subject to “large potential risk.”
Brokerage Fees and Spreads: Traders incur costs through brokerage commissions, bid-ask spreads, and potential overnight financing charges swaps, which can erode profits or accelerate losses.
Time and Effort: Learning to trade effectively, even with a structured course, requires substantial time, effort, and continuous practice. It’s not a “set and forget” activity in terms of learning and market vigilance.
Psychological Costs: The emotional and psychological toll of trading losses, especially when significant capital is involved, can be immense.

Set-and-forget.com vs. Other Trading Education Platforms

Set-and-forget.com, with its focus on “supply and demand,” enters a crowded field.

Understanding how it compares to others involves looking at its unique selling proposition, target audience, and the inherent risks associated with the trading methods it promotes.

Core Differentiator: Supply and Demand Strategy

Set-and-forget.com’s primary differentiator is its singular focus on the “supply and demand imbalance” strategy.

Many other platforms might teach a broader range of technical indicators e.g., moving averages, RSI, MACD, chart patterns, or fundamental analysis.

Pros of Specialization: A specialized focus can lead to deeper mastery of one particular strategy, potentially simplifying the learning process for beginners who might be overwhelmed by too many indicators.
Cons of Specialization: Relying solely on one strategy can make traders vulnerable to market conditions where that strategy might not perform well. Market dynamics are complex, and a single strategy might not be universally applicable or consistently profitable across all asset classes or timeframes. Many successful traders employ a blend of strategies and adaptable approaches.

Target Audience and Marketing Appeal

Set-and-forget.com explicitly targets both “beginners to seasoned professionals.” This broad appeal is common, but some platforms might focus more narrowly on specific types of traders e.g., day traders, swing traders, long-term investors or specific markets e.g., options trading, commodities.

Emotional Appeal: Set-and-forget.com heavily uses emotional language about escaping losses and achieving “consistent profits.” This is a pervasive tactic across many trading education sites, aiming to tap into the desire for financial freedom.
Criticism of “Others”: The website’s narrative of “breaking free from the illusion” and “everything you’ve been told about the markets is wrong” is a common way to differentiate by discrediting competitors or conventional wisdom, positioning themselves as offering the “truth.”

Educational Approach and Content Delivery

While Set-and-forget.com offers courses and “trade ideas,” other platforms vary widely in their educational methodologies.

Video Courses: Most platforms, including Set-and-forget.com, rely on video content. The quality, depth, and clarity of these videos are crucial.
Mentorship/Coaching: Some premium platforms offer one-on-one or group coaching, which can provide more personalized feedback and guidance than self-paced courses. Set-and-forget.com mentions “Coaching” as a menu item, but the specifics of this offering are not detailed on the homepage.
Community Forums/Live Trading: Many platforms foster communities or offer live trading rooms where students can interact, share ideas, and observe live trades. Set-and-forget.com refers to a “set and forget community” but doesn’t detail the interactive elements.
“Trade Ideas” vs. Pure Education: The dual offering of education and “trade ideas” is common. However, relying on “ideas” can hinder independent learning and decision-making, which are crucial for long-term trading success. Some platforms focus solely on education, emphasizing that students should develop their own trading plans.

Risk Disclosure and Ethical Stance

This is where significant differences emerge, especially from an ethical standpoint.

Standard Disclaimers: Most reputable trading education platforms will include extensive risk disclaimers, as seen on Set-and-forget.com. This is a legal requirement.
Emphasis on Risk: The key distinction lies in the balance between highlighting potential gains and emphasizing inherent risks. Set-and-forget.com, like many others, tends to heavily market the profit potential while the risk warnings are in fine print or less prominent sections.
Ethical Investing/Shariah Compliance: The vast majority of mainstream trading education platforms make no mention of ethical or Shariah-compliant trading. This is a critical gap. Set-and-forget.com, by promoting Forex, derivatives, and highly speculative cryptocurrencies without any ethical filters, aligns with the conventional, often problematic, trading education model rather than differentiating itself as a principled alternative. Shariah-compliant alternatives like Wahed Invest or Zoya Finance are fundamentally different, focusing on permissible assets and avoiding interest and excessive speculation altogether.

Overall Comparison

Compared to broader financial education resources, Set-and-forget.com is a niche offering focused on a specific, high-risk subset of financial activity.

While it offers structured courses on its chosen strategy, its fundamental premise—empowering individuals to profit consistently from speculative markets—remains fraught with risk and ethical concerns.

Other platforms might offer superior depth, broader strategies, or more robust support, but the core issue of engaging in speculative trading remains. Fundedzone.com Review

From an Islamic perspective, even the “best” conventional trading education platform would likely fall short due to the underlying impermissibility of the activities themselves.

Frequently Asked Questions

What is Set-and-forget.com?

Set-and-forget.com is an online platform that provides trading education, specifically focusing on a “supply and demand imbalance” strategy for financial markets including stocks, Forex, and cryptocurrencies.

It offers various courses and a monthly subscription service for “trade ideas.”

Is Set-and-forget.com legitimate?

Set-and-forget.com appears to be a legitimate online educational platform in the sense that it offers courses and services as advertised.

However, its legitimacy regarding guaranteed trading success or consistent profits is highly questionable, as all speculative trading involves significant risk, and the vast majority of retail traders lose money.

What kind of trading does Set-and-forget.com teach?

Set-and-forget.com primarily teaches a trading strategy based on identifying “supply and demand imbalances” in the market.

This strategy is applied to various financial instruments, including stocks, Forex foreign exchange, and cryptocurrencies.

What are the main products offered by Set-and-forget.com?

The main products offered are comprehensive trading courses, such as the “Supply and Demand Core Course” and the “Master Cryptocurrency Trading Course.” They also offer an “All Five Courses Bundle” and a monthly “Trade Ideas Plan” subscription.

How much do Set-and-forget.com courses cost?

Individual courses range from €295 to €395. The “All Five Courses Bundle” costs €895. The “Trade Ideas Plan” is a monthly subscription priced at €65 per month.

Is the “Trade Ideas Plan” ethical?

Providing “trade ideas” in highly speculative markets like Forex and cryptocurrencies, especially meme coins, raises significant ethical concerns due to the inherent gharar excessive uncertainty and maysir gambling elements involved. It encourages reliance on external signals rather than independent, productive financial activity. Ultimate-alloys.net Review

Can I really achieve “consistent profits” with Set-and-forget.com’s strategies?

No, the claim of “consistent profits” in speculative trading, as promoted by Set-and-forget.com, is highly unrealistic.

The website itself states that “up to 95% of stock and Forex traders fail to make consistent profits.” All trading carries substantial risk, and there is no guarantee of profits.

What are the risks associated with trading as taught by Set-and-forget.com?

The risks are substantial and include: total loss of invested capital, magnified losses due to leverage in Forex/CFDs, high volatility in crypto markets, and the psychological toll of continuous market exposure and potential losses.

These activities are generally considered high-risk.

Is Forex trading permissible in Islam?

Forex trading, particularly leveraged spot trading, is generally considered impermissible in Islam due to elements of riba interest from swaps, gharar excessive uncertainty and speculation, and maysir gambling. Unless conducted through strictly Shariah-compliant means that avoid these elements, it is not recommended.

Are cryptocurrency trading and investments permissible in Islam?

The permissibility of cryptocurrency trading and investments in Islam is complex and debated. However, trading highly speculative cryptocurrencies, especially “meme coins” with no intrinsic value or utility, is widely considered impermissible due to extreme gharar and maysir. Investment in legitimate cryptocurrencies with underlying utility and proper Shariah screening may be permissible under strict conditions, but speculative trading remains problematic.

Does Set-and-forget.com offer Shariah-compliant trading education or methods?

Based on the website’s content, Set-and-forget.com does not explicitly offer or mention Shariah-compliant trading education, strategies, or brokers.

Its focus on conventional Forex and speculative crypto trading suggests it does not cater to Islamic finance principles.

What are better alternatives to speculative trading for wealth building?

Better alternatives include ethical business development e.g., e-commerce, local services, investing in tangible assets like real estate or physical gold ethically acquired, skill development and vocational training, and utilizing Shariah-compliant investment platforms for halal equity or sukuk.

How do I cancel my Set-and-forget.com subscription?

To cancel your Set-and-forget.com “Trade Ideas Plan” subscription, you typically need to log into your account, navigate to “My Account” or “Settings,” find the “Subscription” or “Billing” section, and initiate the cancellation process from there. Essaymojo.com Review

Confirm the cancellation via email or on-site message.

Can I get a refund for Set-and-forget.com courses if I’m not satisfied?

The website’s terms and policies would detail their refund policy for courses.

It’s crucial to review these terms before making a purchase, as many online educational platforms have strict or limited refund windows.

What is the “set and forget community”?

The “set and forget community” likely refers to a group or forum of users and students of Set-and-forget.com, where they can interact, share ideas, and discuss strategies.

The specific features of this community e.g., dedicated forum, social media groups are not detailed on the homepage.

Is Set-and-forget.com suitable for absolute beginners in trading?

While Set-and-forget.com states its courses are “perfect for traders of all levels, from beginners to seasoned professionals,” engaging in speculative trading as an absolute beginner carries immense risk.

It’s crucial for beginners to understand the high probability of losses before committing capital.

Does Set-and-forget.com provide live trading sessions or mentorship?

The homepage mentions “Coaching” as a menu item, but the details of this offering or any live trading sessions are not explicitly outlined.

The main offerings are pre-recorded courses and written/video “trade ideas.”

What is the typical success rate of retail traders in markets like Forex and Crypto?

According to various sources, including Set-and-forget.com itself, the success rate for retail traders in Forex and stock markets is very low, with estimates suggesting that between 80% and 95% of traders do not consistently make a profit. Shop.miatoro.com Review

This highlights the extreme difficulty and risk involved.

Why is relying on “trade ideas” problematic?

Relying on “trade ideas” can be problematic because it fosters dependency rather than independent learning and critical thinking.

It often leads to a lack of understanding of the underlying rationale, poor risk management, and impulsive decisions, especially if the ideas are not successful.

Who is Alfonso Moreno, mentioned on Set-and-forget.com?

Alfonso Moreno is mentioned in the footer of Set-and-forget.com as the individual behind the platform, under an “About Alfonso Moreno” link.

He is presented as the expert who teaches the trading strategies on the site.