Forex Decimator Refund Requested
I have requested refund of this crap robot – Forex Decimator.
In our demo account, as you can see in our statement page – Forex Decimator Statement, the robot made a loss of -$351.09, leaving the account balance to $197.49 from $500 startup demo account.
the robot failed miserably to meet its expectation.
Forex Decimator Update 31 August – 4 September
So second week of Forex_Decimator trial and it went bad. Unfortunately we had 2 major losses and 1 minor loss that basically wiped out all the profit and a further $100 approx of the account.
So we had 5 trades, 3 losses and 2 wins.
Overall Loss: -$98.80. The account closed at 453.83 starting with a $500 account.
The robot is showing the weaknesses of all robots – HIGH STOPLOSSES. One loss of $105.30 means 10% of our account, and this goes against all principles of forex money management.
Something else I want to comment, is that the same person from whom I came to know about this robot, has released the 4 th robot in 1 month – that all promise to make you rich. From Forex Decimator should made me rich, why now I need 4 robots? This is not at all looking good and it stinks. I recommend not to buy the robot prior we finish our tests.
So keep following along.
Forex Decimator Update
Posted by Forex EA - Jason on September 11, 2009 · Leave a Comment
As suspected as soon as the market change – yes market wave pattern change, these $99 robots start failing miserably.
Forex Decimator latest trades were very bad, and 1/3 of the account is wiped out. Now the account stand at $381.63. A some point the accout stood at $650, basically loosing almost $300.
There is still time to claim my refund, but things do not look good at all.
Filed under Forex Decimator Comments · Tagged with Forex Decimator, Forex Decimator Results, forex decimator review, Forex EA