Weekend coming up...

Not much time for ProFX today. Managed to get in one trade tho, +20 pips, my trailing stop was too narrow. Profit anyway, lesson learned :)

FIFO starts in the US after the weekend. Let's see what kind of implications this will have on the trading community.

Rest well, back on Monday

Brgds/Pilotlife

Change of plan...

Requested refunds for both MD and FAP Turbo today. It doesn't seem to be my style of trading, not the way i want it. The robots definately have some pros, but for sure some cons aswell.
Anyway, the whole purpose of this site was to test them out, and thats been done now!

Will focus entirely on ProFX from now on.

Man - my site name makes no sense at all now! ;-)

/P

More losses again

Goodmorning all!

Woke up just to see some more losses. Basically 1 big drawdown for FAP destroyed it all, because there were some small profits being made otherwise.

Today i will continue playing around with ProFX and LMT.

I wish u all happy trends!

/Pilotlife

Disregard MT4 Stats....

I'm still having problem with the mt4 publisher from my vps, so stats presented at mt4 right now is from some random demo accounts.

/P

ProFx performing well...

Evening all.

ProFx gave me some good signals today, +35 pips net result. I'm getting more and more confident with this one. Just make sure u do all the manual checks before entering a trade and u will be fine for most indications.

LMT been quiet all day on 4 pairs...

Brgds/Pilotlife

More Losses....

First Losses on MD now. Megadroid went into the red with 5 trades and a net loss of 23.10 USD.
This is with 4 charts running on different timeframes.
FAPT 1 trade only, GBPCHF, -3.36 USD.

Even tho its only been a few weeks of testing, i slowly start to feel the clickbank refund coming closer for both robots. I will make up my mind after this weeks result.

Having said that - it seems to me that "no one" is getting any good results now with MD and FAPT. Maybe the market is in such a period that doesn't suit these robots working profiles? Who knows.

Anyway, i'm continuing to educated myself with books and video courses.
I think i am more interested in manual/ semi-automatic indicator trading.
I have two days off now, so plenty of time to play around with LMT and ProFX.

Until next time

/Pilotlife

Advanced Droid Tactics

Purchased "Advanced Droid Tactics" by Benjamin Cook.
It´s very interesting, and i will try his setttings and strategy to improve my Megadroid.
Results will be published here accordingly.

Brgds/Pilotlife

ProFX....

Friday, so no trades for the EA's today. Instead i been playing around with ProFX from ForexEaSystems. It's an indicator that are supposed to give signals for trading. Todays result was mixed, a few wins and a few losses, but the system seems to give mostly correct signals. It cannot be "trusted" completely tho, you still have to make a few manual checks before entering a trade. Todays losses was probably due to the fact that i was a little "trigger-happy"....

I compare it with LMT that i received from a friend. LMT just gave one or two signals today,so i don't have much to compare with yet. Might be a good complement to ProFx, since LMT runs on 4H or daily charts, whereof ProFx runs on 30M charts. Nice for checking up trades on a higher timeframe. More to come later.

Happy Weekend!
/Pilotlife

4 new trades..

Small wins tonight by FAPT. MD did not have any trades.
/P

Back home...

...just to find FAPT making losses. USDCAD and EURGBP seems to be the big losers this week.
MD just 3 trades total, small gains, but at least no losses.
So, my changes from now on - MD will trade my Forex account. I want to see if it will perform differently on another broker. FAPT stays on FXCM, but only trades EURCHF and GBPCHF for now. The other pairs seems to unstable at the moment.

Im waiting for my PROFX to arrive from ForexEasystems. Im beginning to feel that i want "more control", manual intervention, over whats going on in my accounts, and i decided to try PROFX as an indicator.
I will keep you posted. My feelings now about FAPT is that is must shape up drastically next week, otherwise my clickbank refund is around the corner...

Happy Trading!
/P

VPS up and running.

Loaded one MT4 so far, Alpari UK demoaccount. Will load the rest when i get home.
Setup was straightforward. No fuzz. If this one turns out to be good, its a bargain compared to 35$++ that other providers charge. Time will tell.

/P

Ordered a VPS...

Being out travelling a lot, means being disconnected from the trading if you, like me, have a 24/7 pc at home running all your MT4´s...

Therefore, i signed up with a VPS. I found a cheap one that i´m gonna try out.

http://www.3dgwebhosting.com/forexvps.html

My trading stats will be updated tomorrow when i get home again.

Brgds/Pilotlife

Another day....

...quickly home after a few days work, just to go away for short vacation.
Will post exact statement when i come home later, but saw that USDCAD had a major loss of about 50USD....
There was some other small trades there aswell, but only small profits.

Btw, my MT4 does not publish my stats to mt4stats anymore. Same problem on all my 3 pc´s.
I tried the MT4 FAQ but nothing helps, it just keeps coming up with "ftp:statement.htm failed"...

Anyone??

----updated-----
I tried to publish from my hotelroom now, same problem - "ftp:statement.htm failed"....
Problem with the mt4 stats server???
-----------------


/Pilotlife

One trade only..

....this night. FAPT scored +18.51 USD on the EURCHF pair.
Stay tuned...

Trading started.

Tonight was the 1st night of trading with my robots. Megadroid made one trade, a win of 1.9USD.
FAPT made two trades, one zero-result and the other a loss of 0.74USD. Total for the night +1.16 USD.


PS.
I attended the FAPT Evo webinar last night. It gave me a kinda "fumbling" feeling. Dog barking in the background, not very structured presentation, sounded like they were broadcasting from someones garage or dorm room. Not impressed at all. Hopefully their product are better than their presentations.
DS.

Free time, so.....

...started going through some FX trading courses. I am highly sceptical about these robots, so i might aswell begin to educate myself.

Accounts active.

...but today is Friday, so no trading. Get back to you after the weekend when/if things starts to happen. Still waiting for my Forex.com to be funded, hopefully 1st thing monday morning?

Have a nice wknd!

Blog starts now!

Hi all.

I'm going to keep this short.

I always been a bit curious about this whole moneytrading-thing, so I bought one license each of the top two ranked Forex robots available on the market, Forex Megadroid and FAP Turbo, and i will show their live results here on the blog. I have ran them on a demo account for some time now with interesting results and i am now waiting for my live account to be started up, that should be within the next few days.

I am using FXCM UK broker, and i will run the robots on their default settings, as they are when installed. If i get a reason to alter these settings, i will let u know why and when. My starting deposit will be 2000 USD. They will run on a single account, but the results will be shown separately for comparison, because that's what it's all about! I will run the MT4 platform on a computer at home, it will be online 24/7.

For further "free" money, i have decided to give Caschbackforex.com a go. I understand they will basically refund you some of your money spent, based on the volume of your trade.
It's all free to use, so why not?!

** Updated - I created a micro account (250USD) with Forex.com. Megadroid only will run on that account. And, of course, more "free" money from Forexcashback.com.

So, wish me luck (or call me crazy!), time will tell. You can follow my progress on this page. It will be updated as soon as there is something relevant happening on the account.

See You soon!