Around the end of December 2009, a mob called the Forex Robot World Cup decided to begin a competition to find a very good performing expert adviser in the world. Their criteria was pretty simple. Anyone could enter, but the robot must not have already been commercially used or sold before. So essentially, it had to be brand new.
There clearly was 329 initial contestants that entered. After about per month, that number was whittled right down to the most effective 20 odd. Then over the next month, those top 20ish battled it out to find out who’d come from top.
Now usually when people consider investing their profit the stock market, bonds etc, a great return might be in the vicinity of 10% year, in a good year. There were stories around campfires of some returns around 30-40% in per year, however many have just thought these were old wives tales.
Have you been ready for this? After 2 months of trading in the Forex Robot World Cup, The winner of competition returned an enormous 145%! That’s absolutely amazing. In the event that you anualise that, for a yearly return 1740% for the year forex. WOW. Second place received a fantastic 88% return for the two months. that equates to a whopping 1056%. They are absolutely mind blowing results.
Now, obviously the winners have their particular methods and rules in their particular systems. In entering your competition, the entrants were aware that at in conclusion of your competition, the Forex Robot World Cup retained the rights to the program.
Now the inventors over you can find quite sneaky. What they did was they utilised their familiarity with sound money management skills, position and risk sizing, all the weather which are essential in trading, and tweaked the very best systems with their particular ideas. The end result, as as it happens is really a a freak, an abomination of the forex trading world.
You see, anyone who is anyone in the forex industry, or has been following it long enough understands amazing forex robots and what they’re all purporting to do. Most them are all pretty useless. They supply the benefit of unattended trading to a set of rules that is not affected by fear, greed and all those other negative emotions that ruin a trader and their bank account. Well, it seems, the Forex Robot World Cup have gone quite a distance to nearly creating an ideal product.
It now appears a fresh player has appeared, thanks to the Forex Robot World Cup, the entrants and their testing labs. It is named Fusion, and it’s returned a fantastic 355% in 19 days. Do the maths on that annualized return.