Forex secrets exposed

Seriously…, what did happened to Leo Trader Pro and the GBP/USD on the 22nd of November?

Any other Leo Trader Pro users who know what I am talking about out there? Right now, several of my testing accounts are still in trouble. Thanks to a trade done by Leo Trader Pro on the 22nd of November. To give you an idea, I have several Leo Trader Pro EA’s installed and working for me. As you can read in my previous posts on this blog you will be able to see that we are doing the so called battle of the EA bots to determine which of the Forex EA’s are the best profitable bots and, which bot is in fact the best Forex EA robot out there.

To get back to the subject of this post, All my Leo traders made a buy type of trade on the 22nd of November resulting in a total of 1099 Euros loss so far. All of the trades bar one are still open and I hope they will still be able to recover.

This has obviously spoiled the test results so far and, what I did learn from it is that indeed you can have twice oreventriple the amount of profits, but, you DO have the same amount of chance for losses and, they add up. If your account is not ready for it, it can be wiped out by a few too many of those mysterious wrongly place trades.

As of now, most of the Leo Trader Pro EA’s are set to non active, as in they can not open any more trades until I say so. One of my 500 euro accounts was unable to deal with the loss that it had disposed of the trade leaving a loss of 170 euro for me to chew on. That is, out of a 500 euro account, quite a chunk of money.

In my opinion, there is no such trade as a losing trade, so, I am refusing to manually close the trades, and have refused from the moment I saw it do those trades. If I surpass the levels making it so that I will lose the trades then so be it.

Right now, with just 15 minutes or so to opening hours of the market, I am eagerly awaiting what will happen with the GBP/USD as we progress.

I am hoping on a normal opening and that the pair is going to go back to its level where the trade was placed. No need to profit even, as long as it gets back. Right now, it has kidnapped 1099 of my Euros and I want them back. We had quite a relationship you know.

Anyone out there that had the same with Leo Trader Pro and the GBP/USD on and about the 22nd of November?