Morning Forex Update 7/22 – FAPTurbo & Forex MegaDroid
What a terrible night for FAPTurbo. Large losses were seen with two of the three demo accounts, the third making no trades with FAPT.
ForexMeta outperformed the other accounts by not trading FAPTurbo. The one trade made, the first since July 2nd, was a Forex MegaDroid trade for a $40 gain.
FxPro made the same $40 gain with MegaDroid as the ForexMeta account. With FAPT it delivered large losses totalling $136.70. The one positive trade brought the account to a net -$120.59.
LiteForex (REALForex) saw similar results losing $94.24 on a EURGBP trade. It did gain on two USDCAD trades but ended up with a net -$62.04.
Last night Forex MegaDroid preformed as usual, a scarce trade but for $40 profit. FAPTurbo was uncharaastic with it’s large losses. Generally losses have been held under $25. Percentage wise it killed the month ot date preformance of the EA.
So, did you take the same hit with FAPT last night?
Thanks for your time,
TFN
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July 29th, 2009 at 1:40 am
Ouch. Are you using a real account or paper money? Maybe you should try the new FAP Turbo Evolution. No need to test with different brokers, either
July 29th, 2009 at 8:36 am
The reports are on my demo accounts. Because I am a Forex Noob I originally wanted to see how the bots performed and how they preformed with different brokers. I and readers have found large variations is performance with different brokers.
October 6th, 2009 at 2:38 pm
I trade with the Swiss broker ACM. How would this robot work with my broker???
This is information about their platform and trading software
http://www.ac-markets.com/trading-software/forex-trading-software.aspx
THANKSSSSSSSSs