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August 2008
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Testing Forex Robot Trader… Where The Rubber Hits The Road - Day Five

June 09, 2008

Greeting friends,

From Friday through Sunday got everything set up as planned. I was ready for the markets when they opened.

I also decided to test a new strategy after visiting Dons forum and checking out some of the other members comments and results.

One of the members had doubled the money his account by trading only 5 of the most active currency pairs.

I talked to Don Steinitz about this and he told me he still believed that trading 10 currency pairs all at the same time was the best way to utilize his trading robot.

After that conversation I decided to create my own special test.

I picked my most active currency pairs by loading them on an excel spread sheet to see which were the most active. I took a combination of my most active and the currency pairs recommended on the forum.

I also decided to do something a little crazy, I wanted to continue last Thursdays trading account from where it left off (even though my internet connection dropped out and the software was not able to close out several trades.) I just to see what it would do with the missing trades and to see if it could still finish off ahead???

I downloaded a second meta trader 4 platform and loaded up my Steinitz HAS MTF Hedge Robot v3.18 to be tested with the most active currency pairs.

Morning results Mon 6-9-08 AM: Since last week Robot (1) has made $945.84 in closed trades and -$667.00 in open positions. So far I am still ahead.

See Closed Trades PM-Click Here
See Open Trades PM-Click Here

Morning results Mon 6-9-08 AM, The newest Robot (2) has made $235.25 in closed trades and -$11.68 with one open position since last night.
See Closed Trades PM-Click Here
See Open Trades PM-Click Here

If I closed out both accounts right now I would be ahead $502.41 not bad for a set and forget auto trading robot

So far I am very pleased with the results!

See you tomorrow…

Josephus Trader

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