New Forex Autopilot owner - Great first day!!

TheKid · #1 10-05-2009, 01:54 PM

Hello all, I just bought the forex autopilot on friday and have spent the entire weekend researching different settings for the bot etc. etc.
I have finally let this thing go out on its own today for the first time - and guess what - I have already banked $700 today! That is a one-day profit of 14% on my $5000 initial investment. I was originally going to put in $10,000 but I thought I better take it slow.
I have of course researched much about the different settings etc. so I like to think I am "fairly knowledgable"

Anyways, I hope this success continues! I mean jeese, $700/day is $3500 a week in passive income! hahaha crazy

of course I know that today was likely an extraordinary day - and I did babysit -just a little- (by babysit I mean I got nervous and sold some trades earlier than the robot would have, this may have been bad or may have been good...)

feel free to ask questions (settings..etc) lets get a good thread going here../

admin · #2 10-06-2009, 05:05 AM

Great results, but I wonder what risk your taking to get that profit? What is your risk devider set to and what is the average lot size FAP trades with? Also are you on a mini or standard account and with what broker?

TheKid · #3 10-06-2009, 10:52 AM

Great question, I am not risking the farm by any means..:

Lots - 1
Lotsriskreductor - 1
Max orders - 6
aaa - 20
bbb - 8
takeprofit - 17
stoploss - 20

everything else default. My account starting balance was $5000 which is a mini account if I am not mistaken. (I believe u have the option to do a standard or a mini account at the $5000 level) My account is now up to $6,560.00 after day number 2

Cheers!

TheKid · #4 10-06-2009, 10:53 AM

This CAN be done! You CAN make big profits here folks!

^eagle^ · #5 10-06-2009, 06:15 PM

Quote:

Originally Posted by TheKid

Hello all, I just bought the forex autopilot on friday and have spent the entire weekend researching different settings for the bot etc. etc.
I have finally let this thing go out on its own today for the first time - and guess what - I have already banked $700 today! That is a one-day profit of 14% on my $5000 initial investment. I was originally going to put in $10,000 but I thought I better take it slow.
I have of course researched much about the different settings etc. so I like to think I am "fairly knowledgable"

Anyways, I hope this success continues! I mean jeese, $700/day is $3500 a week in passive income! hahaha crazy

of course I know that today was likely an extraordinary day - and I did babysit -just a little- (by babysit I mean I got nervous and sold some trades earlier than the robot would have, this may have been bad or may have been good...)

feel free to ask questions (settings..etc) lets get a good thread going here../

Welcome to the forum. The forum is a little slow since the mad rush a few months back. Not a lot of visits but I'm still using it.

SL of 20 huh? interesting. And you are mousetrapping profits that slip. Nice work. Trend is still up. Could break out soon. No tech resistance from here if we break 48.

1 lot is high with your equity but your tight stop will keep it manageable.

I

TheKid · #6 10-25-2009, 09:22 PM

Thanks eagle! So eagle, how are you doing lately with your FAP?? still running it? what settings are you currently having success with??

Thanks!

trever_zander · #7 12-11-2009, 01:00 PM

TheKid, can you share your whole .set file contents? I'm having a few problems with the other defaults (risk and slipage). Thanks in advance.

^eagle^ · #8 12-11-2009, 09:22 PM

Quote:

Originally Posted by TheKid

Thanks eagle! So eagle, how are you doing lately with your FAP?? still running it? what settings are you currently having success with??

Thanks!

Dnag, sorry I missed this kid. I hope you are still around. I got something very good in the works. FAP supercharged. Im working on having it available soon t for people who have anready purchased forex aUTO PILOT. I have eliminated those basty draw downs along with risk control.

A whole new generation. Real pioneer stuff. I dont see any one doing anything like this. A hybrid system of EA and manual trading that after some simulation time you can get upwards of 10 to 40 percent a week returns CONSISTENTLY.