We spent a month fully testing Forex Transformer Forex Robot. This is our final Forex Transformer review. Will it be Confirmed, Plausible, or Busted?
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Forex Transformer Forex Robot had 3 more trades, 2 winners and 1 loser. But even with a 68% win ratio, this Forex robot doesn’t live up to the hype.
Forex Transformer Forex Robot had 1 winning trade for a profit of $177.00. This is definitely not a stellar Forex robot. It doesn’t even come close to the developers claims.
Forex Transformer Forex Robot had 3 more trades. 2 winning trades and one losing trade. Unfortunately, like many robots, the losing trade is wiping out all of the gains from the winners. Fortunately, only one more week to go and I can stop testing this forex robot. I think this will end up being one of those robots that, at best, make a little bit of profit, if it is lucky.
Forex Transformer Forex Robot didn’t close any trades today, but there is one open trade with a floating loss of -$195.60 currently.
Forex Transformer Forex Robot shows us very clearly a major problem with Forex Robots today. It closed out 2 trades, for an overall loss of over $300. What is one of the major problems with Forex robots? Poor risk/reward ratios.
Forex Transformer Forex Robot closed out 1 trade today bringing the balance back up into the profitable range. Forex Transformer seems to have consistency problems. But we’ll see how it goes over the next couple of weeks.
Forex Transformer Forex Robot closed out 3 trades today totaling a loss of over $147. Here are the details:
Forex Transformer Forex Robot closed out 3 trades today. Unfortunately one of them got stopped out for a $500 loss, which brought the Forex Transformer down to just a $7 profit overall for the past two weeks. Hopefully it will turn itself around and start placing more profitable trades again.
Forex Transformer Forex Robot testing day 13 shows that Forex Transformer has opened up two more trades. One of them is currently floating a profit, the other is showing a loss. Overall, it has a slight floating loss of around $8 right now.
Forex Transformer Forex Robot testing day 10 was disappointing. It placed one trade with a loss of almost $500. Granted, the robot is still profitable overall, and it is only into it’s 10th day of testing.
Forex Transformer Forex Robot testing day 9 was surprising. It placed two trades, which profited by more than $600. The floating loss from yesterday of about $200 turned into a closed trade profit of about $200. I guess we will have to see what happens over the next few weeks. If it keeps this up, maybe it will be a successful robot.
Forex Transformer Forex Robot testing day 8 was a little better. It placed two trades, one of which profited by over $300, the other at a floating loss of about $200. However, we don’t count the open positions because anything can happen. We only care about how the trades close out.
Notice here, with a 50% win ratio (which is not even close to the hype that Forex Transformer claims), it is operating at a loss. This means the risk is greater than the reward. Of course, it is only day 7 of the test, so there is plenty of time for Forex Transformer to raise it’s performance.
Forex Transformer Forex Robot testing day 6 was uneventful. It placed no trades so it is still at a modest 1.2% profit for the month so far.
Forex Transformer Forex Robot testing day 3 was uneventful. It placed no trades so it is still at a modest 1.2% profit for the month so far. I hope to see a lot more trades next week.
Day 2 of testing for the Forex Transformer Forex Robot didn’t do quite so well. It placed 3 more trades, one of which was canceled before filling.
Day 1 of testing for the Forex Transformer Forex Robot was surprising. It only placed two trades, but the first trade closed out with a profit of more than $450!
The actual purchase was fast and easy. But before I could download Forex Transformer, they threw an Upsell page at me. Basically they wanted me to spend another $77
Forex Transformer is one of the newest Forex Robots or Automated Trading Systems on the market.
We are going to put it to the test.
Forex Transformer was released on May 19, 2009. John, one of our new members, asked us what we knew about this robot. We had to admit, we knew nothing. This release snuck [...]