Bobo trader is a new Forex trading software that was developed by group Forex traders the decided to lock themselves into a hotel room and come up with a new trading strategy four days. The developers of the system claim that they’ve had weeks with 94% accuracy and other weeks with 88% accuracy but we will see if this is truly a long-term winner.
Today I’ll be providing a review on this Forex software and letting the Forex robot nation community understand it’s positives and negatives.
Bobo Trader Review
Bobo trader is a mechanical trading system for that includes a full trading plan and provides the time of day in which to trade and the exact entry and exit points for you to choose. There is little to no work required from the trader using the software outside of following the signal alerts and placing the trades.
The strategy itself for the Bobo trader system is not discussed but they do show a few examples of winning trades. Here we can see trades ranging between 25 and 42 pips all generally taking a couple hours to transpire. The results don’t really show us money close of look at how the software will perform in the future and they really only cover a couple of days. There is also no long-term track record on my FX book or any other statement sharing website. It seems as though this system is very new and we won’t really know how successful it’s going to be in a short or long-term because not enough time has passed.
I’m not going to recommend the Bobo trader system today. At only $47 it isn’t an expensive opportunity but there really isn’t enough information that tells me whether or not this is going to be a good software moving forward. I think the story is unique and I hope that these guys from Columbus Ohio do have success with their system but I’m not willing to tell you that it is successful right now. I think this is the software we should sit, wait and see if it is truly winner. We don’t have to be the guinea pigs for this one, and I’m not going to be. Have a great day and let me know if I can ever be of any help.