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Wall street forex robot
§ Be on the lookout for brokers who steal pips and who try to fulfil each order at a price which is less favourable to you by 1 or 2 pips. This way, advertised 1 pip narrow spreads can easily work out at 3 or 5 pips, thus reducing profits made by WallStreet FOREX Robot. Be particularly cautious of new brokers who advertise aggressively on the internet.
Risk management is of fundamental importance in attaining optimum forex trading results. It pays to think carefully before deciding what percentage of your account to expose to risk in each individual transaction. If your account is significant in extent and importance and if you do not wish to take unnecessary risk, then you ought to settle for AutoMM values between 1 and 5 per cent risk per individual transaction. In such case, you may expect a return on investment in the order of 10 to 100 per cent on an annual basis.
If your account is not significant in extent or importance, and if you can afford to assume significant risk, then you may select AutoMM values between 10 and 20 per cent per individual transaction. In such case, you may expect a return on investment in the order of 200 and 1000 per cent on an annual basis. Bear in mind, however, that the level of risk assumed means that the chance of losing the entire account increases. In reality, perhaps the most widely assumed risk per individual transaction is 5 per cent (AutoMM=5), and for a good reason. Assuming 5 per cent risk and applying a good trading strategy, your chances of steady long-term profit are significant, while the risk of losing the entire account is minimised.
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MT4talk members reviews.
Tested Forex Robots with a lot of trades.
Average trades per month: 1068
Average trades per month: 536
Average trades per month: 325
Average trades per month: 260
Average trades per month: 426
Average trades per month: 198
Average trades per month: 253
Average trades per month: 251
Average trades per month: 603
Average trades per month: 479
I hope this EA will work, I have lost alot of money with EA's, I need to make profit I'm desperate now
Never trust, in EAs whith dll import!! Can steal many information from your computer, accountinfos etc...
haha, given a name of wallstreet robot making it unreliable to even start testing.. my logical sense is that, if this robot has the efficiency as per the wall street machine, then it will never need to publish in such a way and at such a low price by the seller..
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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
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