ShareForex Growth Bot (by fxgrowthbot) Quick Stats
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Forex Growth Bot Discussion
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Member Since Dec 22, 2011 13 posts
iamfxfapturbo
Jun 19 2012 at 15:43
My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test.
And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all. If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself. |
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Member Since Feb 11, 2011 436 posts
rob559
Jun 19 2012 at 18:23
iamfxfapturbo posted: My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test. And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all. If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself. AMEN,TOTALLY AGREE |
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Member Since May 30, 2012 129 posts
Financialarts
Jun 19 2012 at 18:55
Trend following systems rule!
until someone can prove otherwise I am the change in the market that causes you to lose :p / Watch out before I negative pip you! ^^ |
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Member Since Apr 01, 2012 5 posts
leogio71
Jun 22 2012 at 09:50
iamfxfapturbo posted: My Honest Opinion: This EA is based on a Trend Following strategy. You will get a lot of small losses, but only one trend makes you recover all the losses and still get a profit. So, to know if this is a good EA or not, you must be willing to use it in 6-12 months, at minimum. And in my opinion, it's a good expert, as you can see in backtest and forward test. And remember: always trade small and use money management, as the EA does. Until now, i got losses, but i have patience to wait for a good trend and make profit. As i do money management and i have other EA's in my portfolio, those losses don't hurt me at all. If you bought the EA and you don't know the strategy the expert uses, or you don't like the strategy , don't blame the EA... blame yourself. I am also totally agree with your comment. Can I ask what kind of money management do you use? increases 0.05 for every $ 1000? thanks |
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Member Since Dec 22, 2011 13 posts
iamfxfapturbo
Jun 22 2012 at 14:37
Leogio71, pretty much that way. I have my own money management system, but for Forex Growth Bot, for every $1000, increase 0.05. If you feel that is too much, decrease to 0.04 or 0.03 lots.
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Member Since Apr 19, 2012 31 posts
grgr
Jun 22 2012 at 17:05
I'm sick with this bot. I got another -23 pips trade, which doesn't shows up here. Do i really have to jump to that abroad broker? Why the hell it does make difference, everybody must have the same prices .. wtf?
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Member Since Dec 22, 2011 13 posts
iamfxfapturbo
Jun 22 2012 at 23:14
Thats's weird, because i have the same results as shown in FGB myfxbook page. Maybe could be your broker. I use Alpari UK.
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Member Since Apr 19, 2012 31 posts
grgr
Jun 25 2012 at 09:00
Hmm, I will try to chop to alpari then. Honestly, I don't know why but i trust more alpari than ThinkForex. However, the trading frequency is very small last time :/
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Member Since Apr 19, 2012 31 posts
grgr
Jun 26 2012 at 12:36
Reeeeeeecover, I know the backtests, but i'm losing my hope for recover anyway .. :/ Another 2 bad trades, hehe, now i was lucky with my broker.
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Member Since Feb 15, 2012 157 posts
zyrt
Jun 28 2012 at 03:29
About once a week, I discover that FBG is not active due to license, so I have to open license manager and re activate
Is it normal? I have bought it but (FBG advanced) but if I find an educated version, I will go for it! |
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