Correction but GOOD news !

Hi Everyone,

Last Sunday I started a 10 pair Swap Collector 2 and lot size was .01 which I thought was 10 cents.It turns out that since Forex.com uses 5 decimal points that it's actually 1 cent.Through the start of the week the account climbed to over $700.00.That's even more amazing that it was on lot sizes of 1 cent.I do have some pretty volatile pairs like GBP/JPY which was channeling 4-500 pips but with multiple lots at 1 cent it wouldn't take long for the account to show a big profit.Just the same it could have gone to the minus side also but all 10 pairs would have to break down together.
The week closed at $300 dollars so if I had of closed the account at $700 then closed an additional $300 the take was over $1000.This from 1 cent per lot.
Now I have had a lot of traders voice that they have $500-$1000 to play with and my suggestion to you would be to start with 4 pairs at 1 cent and have max lots at 20.I don't see any point in placing the first 10 trades for swap as it won't collect that much and those extra 10 trades can collect nicely at the 100 pip target.
My 4 pair Swap Collector 2 that started June 18th went over the 20K mark this week with swap around $1455 right now.You can see that you collect the price of Swap Collector 2 over and over again with the profits from the EA.The other nice feature is the "set and forget".I never close,adjust or take profits manually.I start the platform before Sunday open and close it Friday close.

David aka spiritfriends

July 10 2009 Update

Hi Everyone,

Since June 18th when we began a carry over of $11,430 and smiles are on every ones faces as profits on the 4 pair Swap Collector are close to $8,000 since June 18th.Now that's a great month and there is still another week to make it a month.Many have asked when to take profits and my reply to all is to decide that for yourself.What are you happy with?A profit of $8,000 is good anytime of the month!
If you decide to close,after the money is banked,you can begin the whole process over again.Now the new NFA rule of FIFO would effect the Ea if you have a US broker but the way around that is to go to your brokers foreign office.I am also considering getting the Ea coded in other languages so it can run on Ninja or Trade Station etc but again a US broker would cause a problem for this Ea unless I implement a penny difference on every trade.I would certainly consider having that done if the requests multiply for that service.

I have done a You Tube video on the update and it can be seen here:
http://tinyurl.com/lmfaa3 .

Your questions can be directed to spiritfriendss@gmail.com

David aka spiritfriends