Forex Tester software is trusted by over 50,000 traders worldwide. Click here to try it for free.[Advertisement] Click here to try Forex Tester Software

Forex Morning Trade lost money after 93 days of trading

by Admin
(brainyforex.com)

1 star. Brainyforex tested Forex Morning Trade EA on demo account for 93 days. (27 October 2010 to 28 Jan 2011).

Opening balance $10,000. Closing balance $8,243.50.
Broker FXPro DEMO. 18 Winning trades, 19 losers.
Average length trades open was 2.13 hours.

Decided to cease testing this forex robot because after 93 days it was slowly going backwards. With a 50% accuracy rate and the same win and loss amount the future profit of this robot seems very questionable.

Choice of broker may have contributed to these poor trading results?

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Forex Trading System Review Forex Morning Trade.

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.