Tuesday, March 2, 2010

Forex Robot World Cup - Week 2

For those of you just tuning in, this series of blog posts is tracking my real world experience using the Forex Robot World Cup robots, and trying to answer the question, "Can the outlandish returns promised be real, or is it a scam?"  I encourage you to look back through the February archives to follow my journey.

There were some slightly encouraging results since my last post.  The robot closed out a trade Sunday night that had been left open over the weekend for a 1.18% gain, and then added more winning trades yesterday (.88%).  That brings us to a a return since I started this experiment of 1.96%.  Still nowhere near what the promos implied, but nothing to sneeze at either.  But one week does not a track record make.  We'll see.