Profit #1: Robot Trading

Profit #1 is traded based on an Expert Advisor (EA). It exclusively trades on the EUR/USD and the EUR/GBP. So if you are a forex investor who prefers trading via a trading robot, then Profit #1 might be the right one for you and your account.

The rules of the algorithm defining the EA are not really explained by Profit #1. It is a trade secret which he prefers to keep to himself. And he just lets his trading records speak for him.

Profit #1 has an ROI of 3,500+% in just 27 weeks of trading, almost half a year as of February 2010. This is pretty impressive considering that he is only trading with an EA.

His Maximum Drawdown, however, leaves something to be improved on. At 28% maximum drawdown, the EA may be taking a bit more risk for a conservative forex investor.

Profit #1 has 97% Winning Trades with an average pip gain of 410.3 pips. That is quite an outstanding pip profit per trade considering that his trades are taken by a robot. The EA surely is built to maximize trends and price movements for every position that it takes. And with an Average Trade Time of 16 hours, Profit #1 surelay makes the most out of trading opportunities in the least amount of time.

Some investors would readily frown on the relatively high drawdown that Profit #1’s EA brings with its trading. But the 97% trading accuracy and 3,500+% ROI in only half a year may be something to consider. Plus, as stated earlier, some investors readily prefer trading with forex robots. This is simply for the reason that EA’s or forex robots take away the human emotional factor which can hinder objective judgment when trading the volatile forex markets. And with a trading robot, the mechanical nature of analyzing charts and pulling the trigger for the trades backs up the consistency of the results that you can get. It simply means that given the same market conditions and price movements, an account traded with an EA would produce the same results. The same thing cannot be said for manually traded accounts by human experts.

So if you are a forex investor who prefers the mechanical trading of an Expert Advisor, then take a look at Profit #1. View his trading records and evaluate his risk-to-reward ratio. Analyze if you have ways to temper down the relatively high drawdown that Profit #1 makes. And this can mostly be solved by the use of a stricter capital management. Limit the number of lots and capital exposure for Profit #1, and you can minimize the risks involved with his trades.

And with the use of Profit #1’s robot, you do not even have to leave your computer turned on 24 hours-a-day just for the trades to kick in. The free forex signals system will take care of it for you.

Profit #1’s EA has an exceptional trading accuracy. And with the equally-notable ROI that it has performed so far, it deserves some serious look. It does not necessarily have to be the main and only strategy that you would employ for your account. But it would be beneficial to have some variety, like the use of his EA, in the trading of a forex account.

View Profit #1’s trading history here and evaluate for yourself. Open a demo account now.