Forex Bullet Proof Review
Forex Bullet Proof is a robot designed by some very well known forex market traders – the team that brought Forex Killer, Forex Autopilot, FAPTurbo, And FAPTurbo Evolution.
There are a lot of hype about Forex Bullet Proof robot.
The hype come from a few of the incredible highlights:
- averaged a 5% monthly gain for the last 6 years
- Over 4000 lines of code make up this robot, while the average EA has just 409 lines!
- the first commercially available Forex Robot to be coded for Strategy Trader – the latest trading platform from FXCM!
Anyway, due to the good reputation of the FAPTurbo guy, it’s worth our time to take note about this robot.
The Forex Bullet Proof package includes a the basic robot and a couple of additional products.
The basic robot trades using an optimal trading strategy that incorporates a low risk strategy to offer a safe base to build on. For those traders who don’t have a high tolerance for risk it is best to stick with this strategy.
The Forex Bullet Proof has two ADD-ON:
High Voltage ADD-ON
This little gem goes in the other direction and is a High Risk / High Reward trading robot that is easily capable of doubling depositis in a matter of days. To use it you should have a secondary brokerage account where you can withdraw the high returns frequently and put them into the regular Forex BulletProof trading system to increase your base capital faster. The risk of losing the deposit is there but the chance of doubling it is greater (about 72%) so once doubled, the gain has to be relocated to the stable base package. This is for gamblers and people who want to take risks and go a little berserk 
Market Dominator ADD-ON
Being in control can be very important… especially when you decide to trade forex on the side or manually. The Market Dominator supplement consists of the world’s best manual trading systems from a recent competition. Those systems have been successfully used by real live forex traders to dish in up to 1000% a month in trading… of course they didn’t trade with thousands of dollars, but their systems are extremly well thought through and if you want to trade forex by yourself, next to the gains of Forex Bulletproof and the High Voltage ADD-ON, this is the way to go.
My little Comments…
At this moment, I can’t say how good it is in the long term with only one month of demo experience trading it. The robot does use progressive lot sizing which means increasing lot sizes after losing trades. However, this is limited and safeguards are used to stop the trading sizes becoming dangerously large.
One good things about this robot is the developer decided to sell only 10,000 copies. This will the prevent the problem like all commercial Forex Robots that sold to the general masses. Perhaps, they have learnt from the experience of FAPTurbo where lot of brokers manipulate the spread to prevent the robot to execute the trades.
I’m pleasantly surprised by the very few settings that need to be managed. There are quite a few settings that might need to be adjusted or tweaked slightly. For those who are intimidated by a lot of settings this will be a welcoming experience indeed.
Forex Bullet Proof is a very easy robot to operate … it just works right out of the box.
