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.


Steve,
i agree Will is promoting other EA's that really have no footing and loosing credibility.

hi,
ea are all rubbish. this ea is back to where balance was in January. 6 months for nothing.
I moved to better managed account in fxdme.com
no hassle updates, VPS all this crap.
Im done with EA, complete waste time.

hi,
no i was in trading room with them for 2 months before managed account start so i know what they can do. the man account is new but system not
problem with growthbot is the return is half the risk (DD is 30% and Return 15% month)
So recovery period is tooooooo long :):)

the manage account make X3-5 of risk (30+% versus DD 10%)

so recovery factor quick.
besides I cant stay with a robot that not made any money in 6 months, its ridiculous

As was pointed out recently, the lot size was recently increased from 0.15 to 0.20 on this account. That makes the recent losses look far worse than they are. It was just bad timing. I still believe this EA will return to winning form.

yoyofx,

i hope you do well with that service. However i do have to say if you are expecting returns in a straight line with no setbacks for new advances you might be heading off for a new disappointment.

Quite frankly i see a support ascending line in Growthbot. In any system with some risk (even in bonds) you have reductions before new advances. You can take advantage of bottoms for new investments or 'buy and hold' and just ride the long term curve. Anyway i would be very surprised if you dont get the same kind of effect (return back in time, zeroing profit before a new advance) with any service, manual or automatic.