Forex 3000 dollars is another automated Forex robot being brought to us by Rita Lasker. Rita has been developing systems for a couple years now and generally she releases a new Forex system every 2 to 3 months.
Today I will go over some of her history but mostly I will review the new product and let you know my thoughts and opinions.
Forex 3000 Dollars Robot
Rita claims that the Forex 3000 dollars robot is 100% automated and that $3000 per month is the estimated profit. The system has integrated a hedging feature which works with two orders simultaneously to increase the potential of profit.
The software looks to trade the EURUSD and GPBUSD pairs and makes between one to two trades daily on the H1 timeframe.
The strategy will use a trailing stop loss and a fixed take profit to try and lower the risk.
Forex 3000 Dollars Advantages
For here I taken an image that shows off some of the details of the Forex
3000 dollars robot. For we can see here that the software offers market monitoring, market watch, stoploss and take profit. A lot of the other functions here seem to not actually be functions. Such as this unique homemade pips technology, I’m really not sure what that is.
Here we can also take a look at the risk profile of the software, so I have included a screenshot of this as well. With a $3000 deposit they expect you to use a lot size of 1.0 which is a little high for my taste but may be this works with the type of strategy they’re using. It is likely that the stoploss value is quite low in this case.
Forex 3000 Dollars Conclusion
At this point in time I do not recommend the Forex 3000 dollars robot. I have found success with read his products in the past but I’ve also had failures as well. This product may provide some profits but I think we should monitor the results of the system closely for the next couple months before we start to empty our pocketbooks.
I hope this review is help do. If you have anything you would like to add about the Forex 3000 dollars robot please leave your comment below.
How is the test going?? I’m very curious as it seems not that bad?
I ran Rita Lasker`s Forex $3000 Dollars on a live account for 2 and a half weeks using the default settings. I started on 14th July.
The Gbp/usd made 17 trades with 5 losses and 12 wins.
The euro/usd made 17 trades with 4 losses and 13 wins.
Gbp/usd made a loss of -£184.16, while euro/usd made a loss of -£117.37, so a total loss of -£301.53.
Gbp/usd had an average loss of -£46.93, with an average win of only +£4.24, while euro/usd had an average loss of -£46.90, with an average win of +£5.40.
So I stopped the robot and asked for a refund. My main reason for asking for the refund was that my average win/loss was drastically different from that on the sales pitch website. The average loss was a little over twice the size of the average win on the website but my live results gave an average loss 8/10 times bigger than the average win.
So very disappointed with this one.
How are going with this robot recently?
I emailed the vendor to inquire about the performance…and they informed me that I had the wrong version!!! So they sent me a completely different version. I have started my demo test over. Will keep you updated.
so far so good. 1 loss , 3 wins. Started w/ $3000 demo…now $3493. Trading with .5 fixed lots.
not bad, me 19 Trades too 10 % drawdown. Profit 1010 $ for last 9 days. I will running final look for 1 month. i will here information reply.
Hi Forex Rulez! Any updates on this? Hv u traded in live account?
recint, i have not test with realaccount. did you buy this robot too?
yes…running on demo. one loss so far. 4 trades open w/ 10% drawdown. How is your demo going?
2 days ago I started with this Robot (Demo). From $ 3,000 per 0.9 Lot. A total of 14 trades Profit 1400 €, but all 14 trades dont worked with Trailing Stop. Rita has informed me that not all trades work with trailing stop… is right?
Great results…but can it do the same on a live account?
hows it going Forex Rules? I bought it yesterday…one loss so far.