Test Results

Forex Monster Test Results.

Ok, if you are up to speed you should know that you can get The Forex Monster EA and plug it into MetaTrader 4. Once you have got this far you can run tests on The Monster. You can do this in real time using dummy money, also known as a ‘paper trade’, or you can run historical tests on the data. If you are not up to speed on these concepts read my “Getting Started” page. So basically from this step on you don’t really need me to hold your hand as you can do all the testing you want. Historical testing is time consuming however if you are planning on using hard earned cash, you wanna do some testing first. I do lots of testing. I also like doing paper trades. Of course paper trades are not so fun when they turn a profit. Especially if it’s a big profit because you are not in the action.

My test results. (Drumroll)

Guys I have a confession to make. This side of things is taking me some time. I have a bunch of information from the tests I have been running and I am trying to put it together into a digestible format that anybody could make sense of. Does that Make sense? I will be working on this more over the weekend and have to commit to producing something because two weeks have already passed and the data is just accumulating. So on Monday when you look at this page you will be flabbergasted at the effort I have put into it I am sure.

Sneak Peak

I am not one to keep you hanging though so I will quickly summarise some results. I’ll try keeping it to a mouthful. I have been doing historical testing of The Forex Monster and I also have been doing paper trading. Heck it doesn’t cost anything and it gives you good insight. Well The Forex Monster EA did not get off to the greatest of starts on the paper trades. With 1,000 in the kitty the first 3 days got me into negative territory to the tune of 87. That was just 3 trades. True to form though, and as mentioned on their sales page it hasn’t done any wipe outs. This is a 9 percent negative after 3 trades. At this point I was thinking ‘what a fool’ you go out, buy this thing, you start a blog and become an affiliate and after 3 days, which is 72 odd hours, you got 9 percent down, now that is NOT much to work with here’.

What the heck, I let it run anyway. I found that by day 6 I had a 14 consecutive winning trades and my kitty had startedĀ fattening out to the tune of 2420. Ill say that again. I got 14 positive trades in a row and the 913 that was left after the first 3 days turned into 2420… all on its own. This happened on the GBPUSD and that week was not a very exiting week for this currency pair. So again, there was no wipe out trades when it went negative, and the positives where short sharp winners. Getting from day 6 to Day 10 The Forex Monster score 7 positive trades and fattened the kitty out to 3760. Am I excited about this product? You better believe it I am. I have absolutely thrashed other EA’s and have never had 21 positive trades in a row. Call it fluke? well you could be right. I guess only time will tell so keep watching this page. I will get the details on here by Monday I swear.

Feel free to take it for a spin yourself. Why not click on my affiliate link and have a look at the sales page yourself, what is it gonna cost you? Believe your own eyes. The Forex Monster

One Response to Test Results

  1. Hi there!

    A very interesting blog. I just found your site and I am very interested to follow up with your evaluations of Forex Monster. I am a total newbie on forex and you look like an expert. Your blog can really help me esp on Forex Monster!

    Looking forward to your updates…

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s