This article is part of my ongoing evaluation of ForexGen’s Forex System Selector, a web based automated trading tool that allows the user to select one or more trading systems, and have them automatically traded against an account.
This is running against a one month demo account, which is funded with $100,000. Previous articles have given an overview of the product and the first trades. This article provides an update on trading performance to date.
In terms of the operational smoothness of the system, I can report that it continues to operate flawlessly. I am taking note of this because I have tried several other products that were unstable and continually lost server connectivity. The fact that this product is web based, and on ForexGen’s own server means that connectivity to ForexGen’s quotes and trade execution engine is well controlled. Read more…
The trading performance to date is fairly disappointing, but not entirely unexpected. In previous postings, I noted that the performance of the trading models will make or break this product. I believe that I have chosen some of the best and most conservative models, but to date (in the last weeks), one model (which has been responsible for all 4 trades) has lost 116 pips, which is around 2.3% of the trading capital.
One trade, which uses a different model is currently open, and is down around 22 pips at present on the CHF/JPY pair (long)
Forex Killer
Forex Killer is an extremely successful and popular forex trading system and until recently held the number one position on our review site. Here are just a few of the reasons we rate Forex Killer so highly:
- No trading experience is required- You create the forex signals yourself- It only takes a few minutes of your day- You can do it any time that suits you- Low risk/high return ratio- Earn up to thousands every single day
Forex Killer is immediately downloadable and is easy to use. If you do need help, however, there is a support hotline.
Here is what one satisfied customer has to say about Forex Killer:
“Being an experienced trader its hard to impress me, you did! I mostly trade EUR/USD and USD/CHF Pairs. The forex killer signals are not only easy to use but very profitable, thank you.”
Besides all this, Forex Killer comes with an unconditional 8-week 100% money back guarantee. For only $99 it is well worth the investment.
This is running against a one month demo account, which is funded with $100,000. Previous articles have given an overview of the product and the first trades. This article provides an update on trading performance to date.
In terms of the operational smoothness of the system, I can report that it continues to operate flawlessly. I am taking note of this because I have tried several other products that were unstable and continually lost server connectivity. The fact that this product is web based, and on ForexGen’s own server means that connectivity to ForexGen’s quotes and trade execution engine is well controlled. Read more…
The trading performance to date is fairly disappointing, but not entirely unexpected. In previous postings, I noted that the performance of the trading models will make or break this product. I believe that I have chosen some of the best and most conservative models, but to date (in the last weeks), one model (which has been responsible for all 4 trades) has lost 116 pips, which is around 2.3% of the trading capital.
One trade, which uses a different model is currently open, and is down around 22 pips at present on the CHF/JPY pair (long)
Forex Killer
Forex Killer is an extremely successful and popular forex trading system and until recently held the number one position on our review site. Here are just a few of the reasons we rate Forex Killer so highly:
- No trading experience is required- You create the forex signals yourself- It only takes a few minutes of your day- You can do it any time that suits you- Low risk/high return ratio- Earn up to thousands every single day
Forex Killer is immediately downloadable and is easy to use. If you do need help, however, there is a support hotline.
Here is what one satisfied customer has to say about Forex Killer:
“Being an experienced trader its hard to impress me, you did! I mostly trade EUR/USD and USD/CHF Pairs. The forex killer signals are not only easy to use but very profitable, thank you.”
Besides all this, Forex Killer comes with an unconditional 8-week 100% money back guarantee. For only $99 it is well worth the investment.
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