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EA Real Test PDF Print E-mail

  

Stop losing money on EAs that only show you paper profit in backtest or demo test!

 

Same as other traders, we spent a lot of money to buy commercial EAs for testing in the past. Frankly, most of them didn’t work. Even a few of them worked on demo accounts, they were failed in real trading. It is because in real trading, we have to take into account other factors such as requote problem, liquidity, spread etc. This may explain why most of the EA sellers are hesitate to show people LIVE trading result on REAL account for proof.

In most countries, government and enterprises are willing to sponsor universities conducting researches. Of course, there is no guarantee that the research result is fruitful. Nevertheless, they are still willing to sponsor the universities for doing researches because the findings (no matter positive or negative) are somehow valuable. If the finding is positive, it will create value to the public and deliver economic benefit to the society.

Here is our viewpoint and approach….we bear the running cost of the forex lab and spend time to develop and research for good EAs. We share honest live demo test result to the public. However, our capital is limited.
We therefore look for sponsors to provide seed fund for conducting real test on potential EAs. If the EAs can pass the real testing, we will offer them to traders through managed account services (for private EAs) or provide recommendation for buying (for commercial EAs).

 

We believe that both parties can enjoy benefit under this arrangement:

 

 

 

 

Term of Sponsorship 

 

Please visit here for the terms of sponsorship. If you're interested to become our sponsor, please send your enquiry to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

  

Please visit here to learn more about our managed account services.

 

 
Disclaimer: The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains. Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risk and be willing to accept them in order to invest in the Forex market. Don`t trade with money you cannot afford to lose.  Wallace Forex Lab (WFL) works hard to introduce visitors with LOW RISK/HIGH REWARD automatic Systems. But you should also understand that there is nothing like a "Holy Grail" and no single system is perfect. By trading with the automatic systems (Expert Advisors) introduced on WFL’s website, you agree to hold WFL free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, you do so at your own risk and discretion. Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. WFL shall not be held responsible for any losses that you might incur during any trades. This is neither a solicitation nor an offer to Buy/Sell currencies, futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed verbally or written on any literature by WFL. The past performance of any trading system/strategy or methodology is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results. WFL is not associated with any forex broker firm. WFL should not hold any responsibility for any losses caused by the broker firm(s).