This Forex Monster EA is continuing to create quite a buzz. I got around to gathering my paper trade results together in a graph and this is for the first 20 days. Well we had left in off in day 10 on the Test Results page. On the graph I have included the first 20 days of trading. The graph speaks for itself. I have used other EA’s for almost 5 years now. The results this thing has gotten in the first 20 days have really blown my socks off. I usually set my own Stop Losses regardless of which robot I am using, but during this trial run, I have let the Forex Monster choose its own stops losses. I haven’t seen a negative daily trade larger than 9%. This is consistent with a very effective stop loss strategy. I usually go for around 15% to keep things flowing and to give it a chance to run in real trading.
The Forex Monster - 20 Days trading Results
My next post will be when I have this weeks results as well, day 20 here is on the 24th July 2009. Now that i know how to graph the results, I will update them every weekend. You can click on the graph to get to the official site. If you end up buying The Forex Monster you will also be supporting my efforts on this site. Nothing wrong with that hey?! If you are new to the world of FX trading be sure to check out the Getting Started link on the top of this page.
