Hypothetical Performance is calculated based on price data on history of market.
Performance can vary if parameters are set in different way.
Therefore, an EA can be profitable on one sort of setting, yet draining on the other round.
It is also anticipated that in over 90% of cases, real result will be the same as hypothetical performance if the same setting is applied.
Of course, GuruTrader provides its client with the best sort of setting: ready and preset.
Forex, Stocks and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.76% of retail investor accounts lose money when trading on this market with their providers. You should consider whether you understand how this market works and whether you can afford to take the high risk of losing your money. In addition, most of Expert advisors are designed and programmed based on analyzing data of history of market. Therefore, they may generate several false orders which will result in loss and lead your account to losing respectively. You should consider whether you can constantly get hold of total control of orders on your account.
Automated trading systems do require monitoring, regardless the pleasure of turning on the computer and leaving it for the weeks to trade. This is due to the potential for mechanical failures, such as connectivity issues, power losses or computer crashes. It is also possible for an automated trading system to experience anomalies that could result in errant orders, missing orders, or duplicate orders. If the system is monitored and/or has an alerting system, these events can be identified and resolved quickly.Read More
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Risk Disclosure: Trading foreign currencies can be potentially profitable for investors but it also carries a high level of risk. ‘Risk Disclosure Notice’ has been provided to help you understand the risks that might arise during trading. However this information is not intended to constitute a comprehensive statement of all the risks to which investors might be exposed and there may be others that exist now or which may arise in the future. Disclaimer: Although it is admitted that over 70% of traders who invest in such markets may experience loss of some or all of their initial investment, the great opportunities to earn reasonable profit does not fade off. Therefore traders should not invest money that they cannot afford to lose. They should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if there is any doubts. GuruTrader’s EAs results, posted on this website, are based on simulated or hypothetical performance that have certain inherent limitations. Hypothetical performance or any past performance is not indicative of future results. In fact, having not been executed as real trades, the out performance may have been over or under measured. None of hypothetical presented performance in this website has been made to illustrate that any account will or is likely to achieve profits or losses similar to these being shown. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. Moreover, no financial risk has affected hypothetical trading, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. The high degree of leverage can work for you, yet possibly against you as well.