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Old 04-25-2008, 07:01 AM
tim61468 tim61468 is offline
Junior Member
 
Join Date: Mar 2008
Posts: 18
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no new trades were opened last night, and the buy I had opened on the eur/usd pair is now 320 pips in the hole. I emailed forex autopilot to see how the robot will decide to exit this trade. His reply to me was


"
There is no problem in it.
If your trade is not closed yet, have patience please. I am sure this
trade will close in profit as well because dollar is becoming weak.
Forex Market always has price movements in both direction - there is
no problem here.
You can backtest EA on history to understand how it works better.
Current minus does not mean a loss because trade is Open.
Only closed trades can be considered as a losing trade. FAPS makes 96%
of winning trades. "



All in all its been an interesting first week with this robot. I'll keep you updated on how next week goes
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