Forex Morning Trade lost money after 93 days of trading
1 star. Brainyforex tested Forex Morning Trade EA on demo account for 93 days. (27 October 2010 to 28 Jan 2011).
Opening balance $10,000. Closing balance $8,243.50. Broker FXPro DEMO. 18 Winning trades, 19 losers. Average length trades open was 2.13 hours.
Decided to cease testing this forex robot because after 93 days it was slowly going backwards. With a 50% accuracy rate and the same win and loss amount the future profit of this robot seems very questionable.
Choice of broker may have contributed to these poor trading results?