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Stopped-DemoElite Currency Trader Demo Test Crashed & Burned

Average Pips per Week:-34 up (Gross Pips: -470)
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Average Equity per Week:-6.8% up (Gross Equity: -95.19%)
Test started:02-10-2010
Test Stopped:05-19-2010 (Tested 14 weeks)
Test Log:

05.19.10 Elite Currency Trader Demo test stopped due to drawdown - gross equity change: -95.19%

The Story Behind Elite Currency Traders starts with the great phrase: "Some destinies are known in the bones, others are stumbled into." Well, I think this is also true for the stories like that

Other than the story, we have Black Box algoritm, that is going to "transform your life in ways you could not imagine possible" while you"sit back and let the Elite Currency Trader perform". Simple enough, let's try!

02.10.2010 Elite Currency Trader installed on EURUSD M5 chart with default settings...
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Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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