The reason Forex Autopilot is designed to close bad trades at month-end is both logical and practical. By closing the bad trades, traders are able to take a fresh start going into the new month. Tests have shown that once the draw-down has been exited, the loss taken at month-end close can be gained back within 2-6 days of the new month.
The latest version allows trading of more than one EA at the same time. Earlier versions of the software do not have this feature. The "Magic Number" field keeps each information relating to each EA separate.

F.A.P.U.G. stands for Users Group. It is a non-profit group set up by Charles Floyd for the sole benefit of users worldwide to provide a central source of information, help, support and discussion about Forex Autopilot. The stated goal of FAPUG is "to provide a community of mutual support and encouragement for and from each other and use FAP to achieve our financial dreams".
The other reason is the emotional reaction which can drive many to hang on to a bad trade hoping it will come back. By allowing Forex Autopilot to close bad trades automatically at month-end, the decision is taken automatically without emotions interfering.

Drawdowns are a normal and natural part of forex trading. There is no way to avoid them. The only real way to control them is to get out of them. FAP closes all negative trades at the end of the month.

If you are getting power outages, or have poor internet connection, then you may want to consider buying a subscription to a virtual server. A virtual server resides at someone else's location that is shared by multiple Web site owners, so that each owner can use and administer it as though they had complete control of the server. This eliminates the problem of bad internet connections very nicely.

No, there is never any need to change the "Magic Number". It is used by the Forex Autopilot expert advisor (EA) to distinguish its trades from the trades of other EA's you may be using.
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The latest version of Forex Autopilot allows trading of more than one EA at the same time. Earlier versions of the software do not have this feature. The "Magic Number" field keeps each information relating to each EA separate.

F.A.P.U.G. stands for Forex Autopilot Users Group. It is a non-profit group set up by Charles Floyd for the sole benefit of Forex Autopilot users worldwide to provide a central source of information, help, support and discussion about Forex Autopilot. The stated goal of FAPUG is "to provide a community of mutual support and encouragement for and from each other and use FAP to achieve our financial dreams".
Grab A Copy Click here