Does anybody know about a third party forex robot testing site, one that does this on Real Money Accounts?
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This entry was posted on Wednesday, November 25th, 2009 at 4:29 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
November 25th, 2009 at 4:29 am
Hi John,
That’s a good question.
I have not seen any myself. I thought about opening up some real money accounts to test robots and then make the results publicly available.
After looking around I came to the realization that I couldn’t locate a Forex robot that looked like it would turn a profit over the long haul.
For example, there really is no point in running tests on a Forex robot that claims to have 100% winning trades. Such systems have poorly designed risk control and are typically doomed to failure.
I sincerely hope that you will find the tools to help you trade successfully.
November 25th, 2009 at 4:29 am
http://www.4xproject.com is a website that evaluates popular commercial expert advisors that you can purchase.
I would also recommend visiting public forums such as Donna Forex http://www.donnaforex.com/forum/ where you can ask other traders that have purchased and used the robot on a live account. These users will be able to answer many of your questions about specific trading robots.
November 25th, 2009 at 4:29 am
Yes, I know a site http://www.forex-robots.com, they do real money test on some of the robots out there. It’s free, you just need to register to access the members area but again is free and takes 5 minutes. I love this site I’ve been following consistenly the last 6 months, and it has saved me a lot of money on scams that I was just about to buy and use.
November 25th, 2009 at 4:29 am
try this site..maybe it could help you..
http://www.currency-trading-tutorial.net/
November 25th, 2009 at 4:29 am
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