Hello fellow traders. This is the followup to my first performance update (available here) of the Forex Demolition EA. I will keep this brief as there isn’t much to discuss. The gist of it is that Forex Demolition is still making me money. The market has been a bit rough lately so I haven’t had as many trades as I would like but the at least I’m not losing money. Like I said previously this EA trades with the trend so if the market is choppy it’s just not going to trade at all. It plays it safe and that’s fine by me.
So now my live test MB Trading account has so far a total profit of 184%. The monthly return for this month is 3.48%.
Now considering the good performance I am thinking of opening an account with a different broker and see how that one goes. So far it’s between MIG Bank or FinFX. As to which I’ll choose I’m not sure yet, but eventually I’ll make a decision.
That does it for this brief performance update. Stay tuned to this blog (or subscribe) and I’ll keep you up to date on how this EA performs.