Fish Forex Robot Review

Update – 15 March 2011

Please note: Fish Forex Robot is not one of my recommended forex robots anymore. It can be very profitable for a while, but in the end the “adjustment order” will eventually cause large losses. See the Top 5 Forex Robots page or sign up to my weekly newsletter to the right of this post for my latest recommendations.

My Original Fish Forex Robot Review

I was recently asked by some of my subscribers to review Rita Lasker’s Fish Forex Robot, a robot that I didn’t know about at the time. I checked out the product homepage and was quite impressed by the lack of hype and by the amount of infomation that is revealed about the trading strategy, so I decided to purchase myself a copy and see how it performs.

To be honest, I didn’t really expect much from this product. I’ve been burned dozens of time by robots that looked good on the surface and after all, how profitable can a forex robot that has a picture of a fish on it really be? As it turns out, the answer to that question is – very! It only took a few days for this robot to really impress me with its performance and it hasn’t seized to amaze me in the 5 weeks that I have been forward testing it.

Over the past 5 weeks that I have been testing this robot it has made no less than 148 pips, for an overall profit of 25%. It places one trade per day from Monday to Thursday every week and it takes a profit of 10 pips per trade. When a losing trade does occur (which doesn’t happen very often), it uses a very effective method that Rita Lasker calls an “adjustment order” to make up for the loss. I have really been surprised at how consistently this robot makes one winning trade after the other and the adjustment order has had a 100% success rate so far. See my test account statement below for more details and a list of trades.

One of the things that I really like about the Fish Forex Robot is the fact that it’s not just a black box robot that trades according to some secret trading system you know nothing about. On the contrary, the strategy that this robot uses is explained quite clearly on the website, with more detail provided in the installation manual. Eventhough I don’t quite understand it, there’s definitely a lot of fundamental logic behind this strategy and you can even trade it manually with non Metatrader brokers if you want to.

In addition to the good performance, I have also been really impressed by the support provided by Rita Lasker and her team. I have communicated with them via email a number of times and I received prompt assitance directly from Rita herself every time. The Fish Forex Robot is like a breath of fresh air in a market that is really saturated by scams and false promises right now and if you are looking for something that is different to all the garbage out there I really recommend that you test it for yourself.

Click Here to Visit the Official Fish Forex Robot Website

Fish Forex Robot Forwad Test Results