Free forex ebook Understanding the Myths of Market Trends and Patterns

Aeron Forex Robot lost all money in 242 days

by Fritz
(brainyforex)

Brainyforex tested Aeron Forex Robot for 242 days. It was built by Mahesh Agarwal. Opening balance 7 January 2013 $10,000 closing balance $177 on 5 September 2013. Made 845 winning trades and 423 losing trades. Net loss -$9,823.
4 currency pairs tested. Eurgbp +$2,221 profit, Eurjpy +12,002 profit, Eurusd -$16,449 loss & Usdchf -$7,559 loss.

If only Eurjpy currency pair had been traded the system would have been a runaway winner and we would not have seen the strategy flaw if the market behaves in similar fashion as Eurusd or Usdchf. We can only assume that given enough time that Eurjpy will fail as well?

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