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GPS Robot FxChoice 100k (By ForexMark)

The user has made his system private.

GPS Robot FxChoice 100k Discussion

Oct 01, 2012 at 08:52
51,806 Views
618 Replies
Member Since Oct 16, 2011   56 posts
Dec 12, 2017 at 19:17
RoboFX123 posted:
It is interesting. When the backtest is turned off it should be published on the site. Otherwise you buy only 50%. Next, it's interesting to see FX Choice accounts clients is burned but the vendor accounts they have no problem. Perhaps this is a very good deal with this EAs

Dear RoboFX123,

Agree with you.

Best,

Jim
Member Since Dec 12, 2017   4 posts
Dec 13, 2017 at 09:42
Hello, I'm testing gps in ICMarkets demo account, I want to know if this EA works with this broker.
Thanks
Gabriele
Member Since Dec 12, 2017   4 posts
Dec 13, 2017 at 09:43
I can't open an account with fxchoice because it's impossibile for Italy
Member Since Mar 04, 2010   24 posts
Dec 13, 2017 at 11:33
I read full log and really dissapointed.

Aren't you ashamed of yourself? You have full explanation several times about your question to get understand all logic of working of this trading system. It is obvious that it is impossible to make a backtest if the system is orientied on the fundamental factors. And at the same time you asking and asking. Do you understand this?

I am rather surprized how lot of patience is required for tech support to explain the stupid questions to every user. I think it is hard work and even if it so tech support really competently explained you all points.

The developers doing a charity work but you at the same time think only for yourself and your money without any reasons on it. It is bad... I am advise you to see on this from other side...

As for the system... I trade with GPS already long time. It trades smoothly but I am impressed how stable it works.
fx.schultz@
Member Since Dec 24, 2010   282 posts
Dec 13, 2017 at 13:38
Hello,

EAgreat posted:
ForexMark posted:
Hi Jim,

First of all we are really sorry that we didn't satisfy your needs in this matter. I can assure you that we always do all for our clients to

@Mark
Dear Mark,

>It was a pity you lost a customer and I wasted quite some time.
Yes, I'm sorry about that too because we have huge number of customers and almost all of them happy to use GPS Robot for their trading.

>May I comment that you are a superb salesman but you have more to learn about customer psychology?
We have thousands of clients and at the first time during not one decade of my work I get such advice from customer. But in any case I'm happy to listen any suggestion if it can help us improve our robot and make our service even better.

>my passion met with such indifference
I'm sorry Jim but this is completely not true. You got answer on all questions and all answers was detailed with all necessary information. If somebody here will think that this is can be true so look at the comments of other users about GPS Robot support. You even meet here users who said to you that you got more than good answers with all explanations. I completely disagree with you.

>your EA did not trade often but when it traded it won, with your EA trading frequency
It was also explained to you that you use default settings and we recommend use it during some time to see that all works correctly and after that we can suggest several trading plans with different profits and many other useful things. We also provided to you statement for EU pair where GPS Robot makes trades absolutely every day and with every trade GPS Robot generates much more profits.

>All these questions could be addressed by backtesting
Dear Jim, I have experience during already more than 20 years. I was on huge number of conferences and I tested hundreds eas and wrote hundreds reviews, I made huge number of forwartests and I can say to you with all respect that backtests it's just one more thing for marketing. You can see backtests during 10 or 20 years but this is useless information because no one of such eas will not show you stable results during such long term. Even if you will use dukascopy ticks or other services, even if you will got in your tester 99% mq and other number it will never show you real results. ONLY forwardtests, ONLY real money accounts, ONLY longterm results. We have a lot of big investores and I can open a secret for you. If in the future you will be a successful trader you will have big feelings to study and growing up. For this you will have one main goal and it's investors. When you will be near in the room, near big screen with presentation even not try to say something about backtests or anything like that. No one self-respecting investor, not to mention large investors, will not even 10 seconds listen to you and your suggestions. What will happen next? They silently get up and leave and you will remain in the room completely alone with all your backtests, ideas and other resources that you so counted on. ONLY forwardtests, ONLY real money accounts, ONLY longterm results. That's all. No one self-respecting developer will not even listen to you without long term forwardtests and this is not my opinion, this is not opinion of our team, - this is reality of the current world.

>All these questions could be addressed by backtesting.
You still not understand anything. You already got replies from other traders that it was explained several times but you again and again asking the same. Our trading pool it's not just simple guys who seat near pc and think about what trade can be opened and what not. It's big difficult system where analytics make decision about any parameter to provide the best results. All what you wrote about it is completely untrue like you said above that you 'met with such indifference'. Moreover please read meaning of word automated. In simple words it's when user not doing anything. He just download GPS Robot, set it on his account and see how robot generates profit for him.

>you emphasized the smartness of your team and algorithms can avoid all pits, that was claiming supernatural power that only God has
Thank you but please use your sarcasm with your friends but not with us. As you remember we always were kind and polite with you. Moreover we suggested to you many good bonuses and we did all to stay in good relationships with you despite on your soulless answers.

>delaying reply
You should understand that ticket support system it's not the chatroom or something like that. You send sometimes 4 messages during few hours and after that you say that our answers were with delay and in every of your email you said 'This is my third request for help', fourth, fifth and so on. But in any case all your threads were answered and we even said to you that we are sorry that we not send it very fast like in the chat. Concerning tickets maybe it was by the mistake or some misunderstanding but after our reply you also replied there and after that changed it to support and very quickly changed back. In any case all what we answered it's only to try to help you with any problem by doing our best.

>I have a lot of respect for EA creators. I think they are geniuses and I am willing to pay for their wisdom
Thank you very much for your kind words. We really appreciate it. I will forward your words to entire GPS Robot team.

>I am willing to share
I appreciate your efforts but I see there statement during one single week. Ths is absolutely useless information. I will be more than happy to check it at least after one year (but it will be more better to wait 5 years) and compare it with this successful real money trading account on which GPS Robot generate profit already during 5 years:
https://www.myfxbook.com/members/ForexMark/gps-robot-fxchoice-100k/396026

In the end I want to say that you can have your opinion on any matter but I will have my own opinion and it's not necessary to swear and find out the relationship because of that. Therefore, on this very kind note, I suggest to finish this conversation. As I said, in any case we absolutely don't want to fight and we sincerely wish you all the best with your future trading and hope to see you again in our money making family!

lele2759 posted:
Hello, I'm testing gps in ICMarkets demo account, I want to know if this EA works with this broker.
Thanks
Gabriele

Dear Gabriele, we already have sent you an answer. Please check your email.

Best regards,
Mark
GPS Robot
Member Since Dec 24, 2010   282 posts
Dec 13, 2017 at 13:58 (edited Dec 13, 2017 at 14:00)
quickbookmaker posted:
Hi, is this the bot geniunely still working well?

Hello,

Yes, sure! Here you can get all necessary information: gpsforexrobot.com

It's well known fact that GPS Robot works with ANY brokerage which you prefer. We tested GPS Robot with more than 30 different brokerages around the world. We have recommendations which are based on our tests but it's absolutely not a problem to use GPS Robot with brokerage which you like.

Don't trust to any bad comment which you read, just ask support directly, there you will get detailed and fast reply on all your questions: [email protected]

Best regards,
Mark
GPS Robot
Member Since Dec 12, 2017   4 posts
Dec 14, 2017 at 08:27
Thank you Mark
Member Since Dec 24, 2010   282 posts
Dec 14, 2017 at 13:26
lele2759 posted:
Thank you Mark

Hello,

No problem at all!

Best regards,
Mark
GPS Robot
Member Since Oct 16, 2011   56 posts
Dec 15, 2017 at 18:24
ForexMark posted:
Hello,

...I suggest to finish this conversation. ...

Best regards,
Mark

Dear Forex Community,

I was going to follow Mark's suggestion of 'finish[ing] this conversation' between us until one of GPS prior customers sent me the following links via PM that showed me that I was not alone in worrying about the huge recovery positions:

https://en.myfxchoice.com/trading-services/expert-advisors/
https://www.myfxbook.com/community/trading-systems/gps-forex-robot-real-money/66007,1
https://www.forexpeacearmy.com/forex-reviews/7298/gpsforexrobot.com

Mark is the EA expert and ought to know the investment 101 common sense that huge risks need to be rewarded by huge profits. His example account showed that a 40 lot base losing position needed a 280 lot recovery position to rescue. Should the recovery position lose, the pit would need 98 winning positions to fill. Given the fact that GPS trades about one position a week. the pit would take almost two years to just fill. With such a huge risk, what is the profit? For 2017, the monthly profit was less than 1%, before subtracting commission.

Maybe geniuses like Mark could be more understanding about potential customers wanting to understand their EAs more thoroughly before using them in real accounts, via backtesting, for example.

Maybe geniuses like Mark could develop EAs that require much less risk but offer equal or greater profits, like Funnel Trader:

https://www.myfxbook.com/members/EAgreat/funnel-trader-v4221/2344847

Best,

Jim





Member Since Dec 24, 2010   282 posts
Dec 18, 2017 at 16:39
Hello,

This is a link to our IamFX account which I mentioned above:
'Moreover I can add that in this year we closed 7 years account with IamFX which was also completely verified. But IamFX brokerage was closed and because of that we were forced to close our account with them too.'

It was started at 2010 and showed impressive results during one year and many traders (who posted comments there and said about some doubts) now our clients and they generate stable profit.
We closed this account with almost $3,500 of clear profit:
Summary:
Deposit/Withdrawal: 250.00
Closed Trade P/L: 3 497.32
Balance: 3 747.32

Concerning other questions, we contacted users who said about negative results and researched their situation and they agreed that they got negative results by their own fault. In some cases it was not enough free margin, incorrect lotsize value (too high), unstable connection (more often in some poor countries) and other reasons. We always ask to users to not change anything if they not sure. In other cases just contact support and you always will get fast and detailed answer. Moreover as I said you should understand that in some cases you see bad reviews from competitors who can't provide stable and profitable trading and all what they can do it's just post such comments to sell their own 'profitable' systems without proof and verification. They not answer on messages and not provide any results or contacts.

In case of loss trade GPS Robot will make deep analyze of the current situation with trading pool together and they will take decision about this trade. As I said above it's not simple like you describe, it was several times explained in messages above. Concerning profits you should understand tha we have investors and in such cases we can't decide to trade more or have few trades. All decision were made on meetings and we have an agreements concerning this matter. We have other accounts with 30-50% monthly profits and even more. You can find them on our website here: gpsforexrobot.com

>via backtesting
'You still not understand anything. You already got replies from other traders that it was explained several times but you again and again asking the same. Our trading pool it's not just simple guys who seat near pc and think about what trade can be opened and what not. It's big difficult system where analytics make decision about any parameter to provide the best results. All what you wrote about it is completely untrue like you said above that you 'met with such indifference'. Moreover please read meaning of word automated. In simple words it's when user not doing anything. He just download GPS Robot, set it on his account and see how robot generates profit for him.'

>EAs that require much less risk but offer equal or greater profits
You even not used robot during one month and say about risks. You think that you have some experience but you completely don't understand how it works.

Concerning results which you posted I already have sent you an answer like for some other questions. Please read more attentively:
'I appreciate your efforts but I see there statement during one single week. Ths is absolutely useless information. I will be more than happy to check it at least after one year (but it will be more better to wait 5 years) and compare it with this successful real money trading account on which GPS Robot generate profit already during 5 years:
https://www.myfxbook.com/members/ForexMark/gps-robot-fxchoice-100k/396026

In the end I want to say that you can have your opinion on any matter but I will have my own opinion and it's not necessary to swear and find out the relationship because of that. Therefore, on this very kind note, I suggest to finish this conversation. As I said, in any case we absolutely don't want to fight and we sincerely wish you all the best with your future trading and hope to see you again in our money making family!'

Best regards,
Mark
GPS Robot
Member Since Oct 16, 2011   56 posts
Jan 02, 2018 at 18:20
Member Since Jul 22, 2017   5 posts
Jan 03, 2018 at 07:55
Learn how to use the ea. I was just like you at first. Adjust the settings and it will trade everyday for you.
Be Fearless
Member Since Dec 24, 2010   282 posts
Jan 03, 2018 at 12:53
EAgreat posted:
December 2017 Monthly Gain (Change):

0.18%
GPS Robot FxChoice 100k
https://www.myfxbook.com/members/ForexMark/gps-robot-fxchoice-100k/396026

2.98%
Funnel Trader v4.2.2.1
https://www.myfxbook.com/members/EAgreat/funnel-trader-v4221/2344847

Hello,

You compare month with a lot of political news and celebrations. It's very dangerous period for trading and good traders have only few operations during this period. It's usual thing for professionals. In any case if you want to compare, so let's go. With your permission, out of respect to the developers of robot which you use I will call it 'Your EA'.

Statement started:
GPS Robot: May 21, 2012 (almost 6 years)
Your EA: Nov 30, 2017 (One month and this is absolutely useless statistic for trading.)

Current balance:
GPS Robot: $524714.41
Your EA: $5010.35 (In more than 100 times less than GPS Robot balance, so in more than 100 times less risks and responsibility. With the same 'success' you can use $100 deposit and generate profit in $10 during one single manual trade and compare it with an account with a deposit in a half of a million dollars.)

Average monthly profit:
GPS Robot: 6.3%
Your EA: 3.4% (As you can see despite that risks and responsibility for GPS Robot 100k account are higher in more than 100 times GPS Robot additionally in two times better.)

December 2017 General profit:
GPS Robot: Near $1000
Your EA: Near $160

Open trades. Profit:
GPS Robot: 0
Your EA: -$6.61 (-59.60 pips. By the way, it was a luck for your statement that some recent trades were closed in profit because several days ago profit for open trades was much more less, I'm not sure but it was near -$50 or -$80, it's -25% or almost -50% of general profits.)

I can add much more comparisons but I decide to stop to do that because I feel stupid to compare statement with statistic during almost 6 years and statement with statistic during only one month. I post this to you already third time and I hope it will be last time:
'I appreciate your efforts but I see there statement during one single week. Ths is absolutely useless information. I will be more than happy to check it at least after one year

In the end I want to say that you can have your opinion on any matter but I will have my own opinion and it's not necessary to swear and find out the relationship because of that. Therefore, on this very kind note, I suggest to finish this conversation. As I said, in any case we absolutely don't want to fight and we sincerely wish you all the best with your future trading and hope to see you again in our money making family!'

Best regards,
Mark
GPS Robot
Member Since Dec 24, 2010   282 posts
Jan 03, 2018 at 12:57
omegasignal posted:
Learn how to use the ea. I was just like you at first. Adjust the settings and it will trade everyday for you.

Hello,

Yes, we made GPS Robot very flexible so any trader can adapt it to his trading style include Money Management settings, lotsize value, number of trades, analyzes function and many other things. It's just our recommendation to use GPS Robot at the beginning with default settings during few weeks to be sure that all works correctly and you have stable and profitable results.

Best regards,
Mark
GPS Robot
Member Since Dec 12, 2017   4 posts
Jan 03, 2018 at 13:18
Can you post your settings Please?
Member Since Dec 24, 2010   282 posts
Jan 03, 2018 at 13:52
lele2759 posted:
Can you post your settings Please?

Hello,

Please contact support: [email protected]

There you will get detailed answer with all necessary information.

Thank you!

Best regards,
Mark
GPS Robot
Member Since Mar 04, 2010   24 posts
Jan 03, 2018 at 18:58 (edited Jan 03, 2018 at 19:00)
it is really funny to see how users can talk about what they don't understand properly... I am not talking about I am good trader and I fully understand all of this, but for me Mark's posts looks more professional. he relies on the facts and confirms his words. It is really good to see long stable and profitable results during several years . It confirms that this EA really works... What I can see from only month stats? nothing...
Thanks Mark ... I follow your experience here with lots of interest.
fx.schultz@
Member Since Oct 16, 2011   56 posts
Jan 04, 2018 at 01:27
ForexMark posted:

Hello,

You compare month with a lot of political news and celebrations. It's very dangerous period for trading and good traders have only few operations during this period. It's usual thing for professionals. In any case if you want to compare, so let's go. With your permission, out of respect to the developers of robot which you use I will call it 'Your EA'.

...

Best regards,
Mark

Hi, Mark,

When comparing, maybe we need to compare apples to apples. It is a fact that your account started earlier than mine, something we could not change. To compare your Dec'17 gain of $1000 based on a balance of $524714.41 against my Dec'17 gain of $160 based on a balance of $5010.35 is not comparing apples against apples, but comparing your Dec'17 monthly gain of 0.18% to my Dec'17 monthly gain of 2.98% is. So if you don't mind, every month we can take a quick comparison forward. Hopefully our accounts will both enjoy longevity!

By the way, as you noticed, my account encounters worst scenarios monthly, so far it survives; if your worst scenario comes, i.e. the recovery position fails, it will take two years just to get out the pit. Like you, I hope it will never come. But we are not God, we can only hope, we cannot dictate.

Best,

Jim
Member Since Feb 18, 2016   5 posts
Jan 04, 2018 at 07:28
@omegasignal: which settings do you use and whats your growth?
Member Since Feb 18, 2016   5 posts
Jan 04, 2018 at 07:37
Hello Mark,

it is very nice that the Robot is flexible. So how can I make more trades per day. The Robot makes just 1 trade per week. I am not a programmer improve the profits. I ask the support twice to come to know which setting are required to make aprox. 5-10% per month. But I don´t get any answer. Would you please give that settings?

Best regards, NH
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