Forex Growth Bot (by fxgrowthbot) Quick Stats
Gain: +1727.68%
Drawdown: 47.29%
Pips: 6500.9
Trades: 1415
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

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Forex Growth Bot Discussion
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caddilac

Member Since Nov 23, 2009  30 posts Lukas Novak (caddilac) Jun 06 2012 at 06:26
Bad month's start for FGB

grgr

Member Since Apr 19, 2012  31 posts grgr Jun 06 2012 at 07:08
Really bad, i hope it will start with some green already

stevetrade

Member Since Oct 28, 2009  1170 posts Steve Boardman (stevetrade) Jun 06 2012 at 09:57
It's had bad runs before. It will recover.

What I am more concerned about is receiving FGB emails promoting FX Phantom which on first inspections seems to be an appalling EA that is happy to risk massive drawdowns in order to win a handful of pips just to push up the win rate - a losing strategy if ever I saw one.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
enjoytrade

Member Since May 12, 2011  65 posts enjoytrade Jun 06 2012 at 10:53
Now is the time for fgb to make profit. If one checks balance curve after every sequential loss big prits come or viceversa. I hope it to gain from that point and then to lose but less than previous gains and so on...


don't work for money, let it work for you...
grgr

Member Since Apr 19, 2012  31 posts grgr Jun 06 2012 at 15:37

   stevetrade posted:
   It's had bad runs before. It will recover.

What I am more concerned about is receiving FGB emails promoting FX Phantom which on first inspections seems to be an appalling EA that is happy to risk massive drawdowns in order to win a handful of pips just to push up the win rate - a losing strategy if ever I saw one.


I didn't receive such an email, but it could been sent do spam box.
I know that it had bad runs before, and as enjoytrade said, analyzing the graph it should recover right now. I'm just afraid, because i've experinced already few systems which finally crashed and never recovered so i don't want to see it happening again.

betowm

Member Since Jun 26, 2011  43 posts betowm Jun 06 2012 at 17:24
We have turned back to the same value than six months ago. This is very disappointing....

betowm

Member Since Jun 26, 2011  43 posts betowm Jun 06 2012 at 17:29

   What I am more concerned about is receiving FGB emails promoting FX Phantom which on first inspections seems to be an appalling EA that is happy to risk massive drawdowns in order to win a handful of pips just to push up the win rate - a losing strategy if ever I saw one.


I have received the same email. What concerning is that it coming from the Forex Growth Bot team.

pianosso

Member Since Mar 08, 2011  51 posts pianosso Jun 07 2012 at 04:25
The last loses have a bigger impact due to the increase of lot sizes. In case of a trending E/U, the regains would be fast. Again, there's nothing wrong with the EA. After every trend, a period of side moving is a must. Users with brain and experience should stop the FGB until a new trend is in development.

primevalea

Member Since Jan 14, 2010  449 posts primevalea Jun 07 2012 at 06:23

   betowm posted:
   We have turned back to the same value than six months ago. This is very disappointing....


I wonder how you can retire with this EA like others suggested lol.

Money makes more money $ ... $$$
primevalea

Member Since Jan 14, 2010  449 posts primevalea Jun 07 2012 at 06:44

   pianosso posted:
   The last loses have a bigger impact due to the increase of lot sizes. In case of a trending E/U, the regains would be fast. Again, there's nothing wrong with the EA. After every trend, a period of side moving is a must. Users with brain and experience should stop the FGB until a new trend is in development.



Sure, as if it was that easy grin

Money makes more money $ ... $$$
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