Wallstreet Forex Robot

First, most of the EA's I've tried over the months and now years tend not to work so for me it's always a bit of a surprise when one actually seems to do what's promised. This one to me is the real deal.

Just realize that there will be some losers and when it loses the losing trades are quite a bit larger than the wins - so think of it sometimes like 2 steps forward, 3 steps back, 3 steps forward, 1 step back - it gets there but takes time

I find this to be a high level and very professional EA. Like I said above the real deal - and results have been positive.

Above really sums it up. I'm happy with this one -it costs more than most but I think there's a reason - I did a lot of research, found a number of people trading it live on the internet and seeing results and went to demo, than live (now on a VPS) -- just get out of your head that it will be all gains all the time -- with some patience it works well.

Overall profitable system.

Performance sometimes depends on the broker, some good trades missed

You won't get rich quick, but you'll get rich overtime with this EA. If you trade the system right, take it slow, you get steady profits, and who doesn't like that? It won't make you a millionaire overnight but its a truly great automatic trader.

Scalper runs 24/5 on major currency pairs - you have options.

steeper price than other scalpers for full license

One of the few scalpers that opens positions around the clock, you get value from the high price. I've seen many profitable trades with this one.

Updated WSFR, been running nice this year, after some turbulence in q4. Open positions round the clock is great.

Make sure you use WSFR with larger account size

I'm up 10% in the 2 adna half months ive run it. supports been great with all concerns i had, real speedy. slow trader, but overall profitable

some claim its broker dependant, so make sure the broker fits the bot

tested this product and refined it to the point where its now performing for me. solid scalper, and opens positions any time, which is great for me

had some trouble initially. i found that this bot didnt work for me in the default settings, i had to discover the best pairs to trade and batten down my risk and money management settings

Looking at the system only, eathrr than the psychological aspects of trading, I can't say I am impressed. The instructions on how to build a swing chart do not match the diagrams and are therefore confusing. The expanation on what to do if it is NOT a 50% retr

Looking at the system only, eathrr than the psychological aspects of trading, I can't say I am impressed. The instructions on how to build a swing chart do not match the diagrams and are therefore confusing. The expanation on what to do if it is NOT a 50% retr

Looking at the system only, eathrr than the psychological aspects of trading, I can't say I am impressed. The instructions on how to build a swing chart do not match the diagrams and are therefore confusing. The expanation on what to do if it is NOT a 50% retracement are very unclear to say the least. The book could have done with a thorough edit before publication. Much of the material is available on the authors website but the explanations are no clearer. The author talks about how he is not a fan of technical indicators (one of the reasons I bought this book) and then goes on to talk about wave theory as a type of technical indicator! Patterns (for me) are way too subjective to use in trading and this is really all about pattern recognition. Where are the examples of trading that failed (way more instructive than pattern success)? Where are the difficult' patterns to call and the mistakes made? The author recommends using high leverage with beer accounts' like $500 which is a sure fire way to blow the account. He recommends that you use 10:1 leverage with this size of account and 5:1 leverage with $10000 account. These levels willl blow the account sooner or later particularly with his stop loss strategy' of tight stops based around risk ratio. The trader psychology part is fine but can be found in many other trader books but I give it two stars because of this.

Looking at the system only, eathrr than the psychological aspects of trading, I can't say I am impressed. The instructions on how to build a swing chart do not match the diagrams and are therefore confusing. The expanation on what to do if it is NOT a 50% retracement are very unclear to say the least. The book could have done with a thorough edit before publication. Much of the material is available on the authors website but the explanations are no clearer. The author talks about how he is not a fan of technical indicators (one of the reasons I bought this book) and then goes on to talk about wave theory as a type of technical indicator! Patterns (for me) are way too subjective to use in trading and this is really all about pattern recognition. Where are the examples of trading that failed (way more instructive than pattern success)? Where are the difficult' patterns to call and the mistakes made? The author recommends using high leverage with beer accounts' like $500 which is a sure fire way to blow the account. He recommends that you use 10:1 leverage with this size of account and 5:1 leverage with $10000 account. These levels willl blow the account sooner or later particularly with his stop loss strategy' of tight stops based around risk ratio. The trader psychology part is fine but can be found in many other trader books but I give it two stars because of this.