Forex Auto Pilot System By: Marcus Leary

Reviewed on 6/16/2008 by www.Automatic-Forex-Profits.com

I have been using the Forex Auto Pilot System (FAPS) for about 3 weeks now and I am impressed. This software is known as an "expert advisor" (EA) and is fully automated. You put the file in the appropriate folder, then input all the settings and you're done. This EA trades based off a mathematical algorithm and basically does all the work for you. It does not use a stop loss and atomically closes all trades at the end of the month.

I demoed this software for 2 weeks before going live and I was happy with the result. In 14 days, I went from $2,000 to $2,500. I made the mistake early of manually closing a trade that was -$440, 2 days later the trade would have closed with a positive gain. During a trade which is in a draw down, you must not let your emotions get in the way and let the EA do it's thing.

A couple of days later, I was in a trade that was -$520, I let the software do it's magic and days later, the trade closed with a positive gain! At that point, I was done using the demo and I wanted to test this out with real money. So far, so good!

1 comment:

harmgb said...

Well, how is it working?