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Forex GridBot Live Testing Results:
-$1,671.36 (-16.7%)
How would I describe Forex GridBot performance? Abhorrent, appalling, atrocious, awful, beastly, disastrous, disturbing, dreadful, frightful, ghastly, gruesome, harrowing, loathsome, monstrous, dreaded, horrendous, horrid, and horrifying. Yes, I got out the Thesaurus for that. Forex GridBot. Buy it if you want to throw away your money. Better yet, just send some of that money to me and save yourself the headache. lol.
Okay, Forex GridBot just keeps getting worse. I’m going to let it trade for the full 30 days, just to see if it can recover, or how much worse it can get. Remember, I’m letting Forex GridBot run with the default settings. This is the robot that they are selling to unsuspecting people that are hoping to make a little cash from it. I hope anybody considering this robot will pass on by, or at the very least, keep watching our test results before making a decision.
The 3 losing floating trades from yesterday, well… lost. They closed out with a total loss of $297.10. Remember, these were 3 trades, on the same pair, placed AGAINST the trend, while it was still carrying the losing trade! How smart is that???
Forex GridBot placed 5 additional trades throughout the past day:
- Winning Trades: 4 (+$130.73)
- Losing Trades: 1 (-$39.44)
- Today’s LOSS= +$205.81
Forex GridBot is down over 16% overall in just 15 days of trading.
Forex GridBot Summary Results (15 Days):
- Profit Trades: 35 (54.69%) Loss Trades: 29 (45.31%)
- Total Net Profit: -$1,671.36 (-16.7%)
Here is the latest live trading forward testing statement for Forex GridBot:
We will test Forex GridBot for a full month before deciding if it is busted.
Do NOT test the Forex GridBot along with us.
So join us and find out if Forex GridBot actually works, or if it will be another Forex Robot Busters casualty!
If you use Forex GridBot, please post your opinion and experience with this automated trading software.
Good Trading and be smart out there!
The Forex Robot Busters Team
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Hi Mark,
I took your advice & it was a GREAT one & have asked for a refund on the gridbot…. it totally wiped out my 1000 dollar live acc. & cuently my balance is -42.00 dollars… having used this robot & loosing REAL money i would suggest all readers to STAY AWAY…. & AVOID THE GRIDBOT…
I had placed it again on a demo for over a week now and it has lost over 700 dollars on the new demo as well TERRIBLE ROBOT EVER…. I personally think that its even worse than FAP turbo
Hope this helps
Take Care
Hi M.R.
Ah, I’m really sorry to hear that. But you bring up a pretty good point. We should always test a robot on a demo account before letting it trade real money. Forex GridBot has proven to be a waste of money. Some people (and other websites) might say testing on a demo account is worthless as it is different than a live money account. I disagree. Even if the performance on a real money account is different than a real account, if a robot like Forex GridBot can’t perform on a demo, it will likely fail worse on a real money account.
We will keep on the lookout for a good robot that actually works. We are testing 2 new robots now. I’ll be posting todays results on it soon.
Good luck M.R., and I hope your trading becomes successful.