Last week has truly been a disaster a far as test results and testing in general went. We have had some major fallback resulting in some big huge losses. Due to lack of communication and total misconfiguration of our VPS server we had to deal with some emergencies which on their own were not dealt with properly, resulting in big losses for all of the bots involved. Fap Turbo as well as Million dollar pips and Leo Trader pro were all negatively affected by it.
The biggest loss I saw was a big fat minus 170 EUR in the one trade. And straight after this loss another one of 148,94 EUR all due to the one emergency we had. Basically, it all crashed, and when we got it all back online the bots had to be reset or something which did not immediately happen, resulting in them happily acting as if the previous trade was still the latest good one, going down in profits second after second until the stop loss was met.
NOT GOOD!!
However, I am happy to be able to say that even after such a disastrous week of the battle of the bots, I still made a total profit of 400 EURO NETT.
As a matter of fact, all bots together produced 1.452,83 EUR Gross Profit after just two weeks, out of which one week was last week and so disastrous. Isn’t that pure awesomeness?
Due to the emergencies, we had 1052.76 EUR losses to chew on. But, as said above and worth a party on its own: So far we made 400 EUR profit, not doing a thing for it other than to watch it happen.
In spirit and light of our battle of the Forex EA bots battle I am happy to present to you the profit results so far per forex ea bot.
This Week’s Results Battle of the Forex EA Bots:
The big number 1 winning Forex Expert Adviser so far
Profit
832.56-573.06= EUR 259.59 +
Number two in profits:
Profit
164.31-113.46= EUR 50.85 +
Number three in profits:
Profit
218.13-340.97= EUR -122.84 -
Again, Fap turbo being heavily affected by the disaster that struck. In fact, Fap Turbo had to deal with two f#ckups.
We ended up upgrading our VPS server and were assured the problems could not ever happen again. Therefore, we are happy to continue with the battle of the bots as we are going in to week three.
So far, my personal favorite is by far Leo Trader Pro. If you ask me, the winner of Battle of the bots, but, hey, it is still early for saying that out too loud. The others deserve a chance too. If I am looking at the results without the emergencies results then we can see that we have Leo Trader Pro still on top by far, then comes Million dollar Pips and then, as third, Fap Turbo.
Another thing needs to be said too: All bots would have turned out trading profitable without the disastrous event.
But, if you ask me for my honest recommendation then this is what I would do if I were you:
1 – open an account and FREE VPS server with I am fx. And fund it. Click here to open your free account
2 – Buy Leo Trader Pro and Leo Trader Pro Rocket license (Will be offered after initial purchase of your first license).
3 – Wait till account credit has reached your Iam FX account.
3 – Trade on two meta trader accounts, one Leo trader Pro per Meta trader. So, one account, 2 bots.
4 – Profit.
Side note:
Currently I am testing this set up as we speak. I will discuss my set up in more detail in a later post. You see, I will do another post on this within a few moments after posting this update on the Battle of the Forex Bots.
My theory on this is simple: One bot is capable of delivering 45% profit? Then TWO bots will deliver TWO times 45% if I am correct. That would be a pretty cool set up if you ask me.
If you want to perform the same test, and make the same amount of money on it then why not do as I do? Follow the steps 1 to 5 exactly as it says above and, if I profit, then so will you.
And, I have already profited 400 Euro so far.
If you want to make easy money like that then I would suggest you do this with money you do not depend on. With other words, Forex Trading still involves risks as you saw in the beginning of this update. The rewards can become huge, the risk in the beginning too.
Things seemingly can go wrong. And, nobody is to blame but you. Accept it, and deal with it accordingly. If you can miss 500$ then trade with it. If you rely on paying your rent with that $500 within a week or two, then do not use it for trading Forex. You could lose it and end up in troubles. Use $100 instead and work your way up.
As per always: Trading any financial market involves risk. The content of this site, its various associated websites and all related correspondence are neither a solicitation nor an offer to purchase or sell any financial instrument.
Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative and educational purposes only and should not be construed as investment advice or strategy.
No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this writing. Past performance is not indicative of future results.
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Of course the battle of the Forex Bots is all so ever exciting, I could also imagine you might be interested in the test and Leo Trader double dutch set up currently going on.
If this theory is proven correct then we might just have a 90% profit percentage on that system.
And that would be pretty amazing. Let’s find out, shall we?
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