Morning Forex Update 5/6 – FAPTurbo & Forex MegaDroid
Action with FAPTurbo and Forex MegaDroid continues to be….interesting. Last night was a fairly active FAPT night with a couple accounts while another made no trades. The question again arises Why? Why do the same robots act differently depending on the broker?
First note, I removed both FAPT and MegaDroid from my live account. I have lost too much money with them and until I have more time to discover why I’ll keep them on my demos. For both bots settings are default except for the needed changes to server GMT offset and risk level.
The LiteForex (REALForex) demo account had gains of $10.21 with Forex MegaDroid and a loss of $1.13 on two trades with FAPTurbo.
ForexMeta, the broker* most recommended by both FAPTurbo and Forex MegaDroid made no trades. Curious.
FxPro currently has three open FAPTurbo trades! No MegaDroid trades last night.
That’s the quick update for this morning. I want to see how these and other robots preform over a long period. The couple of months I’ve ben running them leaves me questioning their usefulness, atleast fulfilling my desires. But over 6-8-12 months will they preform well? will they make even 10%. They certianlly don’t live up to their producers claims for me.
Thanks for your time,
The Forex Noob
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