ForexFighter.com is a trading signals provider in FOREX. An important thing to note about this provider, is that its reports are gathered in objective sites so its performance is undoubtful.
Trading Style and Performance
ForexFighter.com provides trading signals of one trading system, for GBP\USD forex pair. Overall, they are profitable. Their ratio between average win and average loss in 1:2, which is a very nice Risk:Reward.
However, their win-rate is about 43% – quite mediocre. They also had streaks of 4 losing months, and drawdowns of 26% on equity. Another disturbing fact is that they are trading only on the GBP\USD pair. This could raise doubt regarding true profitability, and it is possible that they are trading with a strategy that only works for the GBP\USD – which reduces the possibility that it is a long-lived one. A true test for a strategy’s profitability is working on several commodities and pairs. If a strategy is working only one pair, it can suggest that it is working by luck and its performance are temporary.
2006 … 30% on Equity
2007 … 10% on Equity.
Trial
Trial is not offered.
Conclusion
3/5 stars
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ForexFighter.com


August 24th, 2009
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