Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Trades 2881
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Forex Growth Bot Discussion

Dec 20, 2010 at 23:46
247,377 Views
3,525 Replies
Member Since Oct 17, 2011   2 posts
Feb 29, 2012 at 14:53
Does somebody know, if ThinkForex is a real ECN Broker (Pro Account)? How much are the commissions? There are only very few details on their website. Thanks.
Member Since Mar 25, 2010   193 posts
Mar 01, 2012 at 00:19

What a naive comment. only about 5 initial trades were 1 lot which was my mistake and even closed in some loss


You should know by now the FGB increases lot sizes. Lot size is set to 0.1, so if a trades of 0.3 or 0.5 , its not a surprise. Every fgb user knows lot size increasing is a common issue with the bot.


I hope you got all the fgb losses today.. lol


Of course I taken all the losses that day (all month actually) as I will take all future earnings, with the same lot size. Lastest version of FGB doesnt double the size of the lot but if you are using a decompiled, older and custom version who knows ;)

Anyway you can stack your money play while looking for investors to gambling with them money.

Green pips 2 you,
Member Since May 02, 2011   48 posts
Mar 01, 2012 at 07:23 (edited Mar 01, 2012 at 07:25)

   tapachula posted:
   

What a naive comment. only about 5 initial trades were 1 lot which was my mistake and even closed in some loss


You should know by now the FGB increases lot sizes. Lot size is set to 0.1, so if a trades of 0.3 or 0.5 , its not a surprise. Every fgb user knows lot size increasing is a common issue with the bot.


I hope you got all the fgb losses today.. lol


Of course I taken all the losses that day (all month actually) as I will take all future earnings, with the same lot size. Lastest version of FGB doesnt double the size of the lot but if you are using a decompiled, older and custom version who knows ;)

Anyway you can stack your money play while looking for investors to gambling with them money.

Green pips 2 you,


Dumb ... I have made it clear in my previous post that I am not here to Sell anything. Besides I have fixed the lot size issue and I will be going live by next week .

IF you are not aware here is the plan, My fgb gets almost all original fgb trades and more. So I will bag all fgb profitable trades and even more and end up being twice or thrice as profitable as Original fgb would be,

Assume my fgb starts taking losses in a worst case scenario and Original fgb wakes up I simply swap them and continue making profits, if in the futrue fgb starts taking losses I swap again and keep making profits, this way I can be more than thrice as profitable, I win on short and Long run. You should understand there is no set and forget. Market behaviour would change and if you must win continously then you must be willin to change with it else stomach periodic consecutive losses...


GOT IT ?..

Cheers

Member Since Aug 04, 2011   13 posts
Mar 01, 2012 at 08:29
I had 3 short open trades from yesterday, I can't understand why FGB closed one at +65 pips meanwhile the trend was still down direction 😡
Member Since May 02, 2011   48 posts
Mar 01, 2012 at 08:47

   GianniCascoNero posted:
   I had 3 short open trades from yesterday, I can't understand why FGB closed one at +65 pips meanwhile the trend was still down direction 😡


You should clearly see the trend is reversing my friend.. FGB made a wise decision
Member Since Aug 04, 2011   13 posts
Mar 01, 2012 at 09:04

   RalFxify posted:
   

   GianniCascoNero posted:
   I had 3 short open trades from yesterday, I can't understand why FGB closed one at +65 pips meanwhile the trend was still down direction 😡


You should clearly see the trend is reversing my friend.. FGB made a wise decision
so better manually close other 2 trades 😐
Member Since Oct 28, 2009   1424 posts
Mar 01, 2012 at 12:43
If you think you're a good enough trader to time exits of FGB manually then you're probably better off trading manually. Personally I say leave it alone to do it's own thing.
Member Since Feb 23, 2011   8 posts
Mar 01, 2012 at 15:00
Here myfxbook again has an update problem with FGB. The last updated time seems to be 45 minutes a go, as of 01 March 15.00 GMT
Member Since Feb 12, 2012   7 posts
Mar 02, 2012 at 07:45
hi steve, are u make FGB ?, from your statement, if u don't like please leave, what is the meaning, we are here to discuss to make FGB better and better, please sorry if u don't like my statement.. please remove it
Member Since Feb 23, 2011   8 posts
Mar 02, 2012 at 08:04
This just does not work this way, they got to find a solution for the members of FGB EA to follow original positions from some source.
Ok, brokers differentiate I understand, but I want to see FGB EA`s original positions from its broker to double check, when it open positions in my broker.
This myfxbook can not track it with a live update, and it is open to everybody. This is not the right way to do it.
Member Since Oct 28, 2009   1424 posts
Mar 02, 2012 at 09:25

   cendolcilik posted:
   hi steve, are u make FGB ?, from your statement, if u don't like please leave, what is the meaning, we are here to discuss to make FGB better and better, please sorry if u don't like my statement.. please remove it

Hi, no I didn't make FGB. Wish I had.

All I'm saying is that from time to time FGB will suffer drawdowns, as can be seen from it's trading record, but it always recovers. The problem occurs when the markets get choppy. Predicting when this will happen and working it into an EA is almost impossible. The EA has a ten year backtest history and a solid trading basis to believe the results of that backtest. I'm sure there are tweaks that can be made but overall I think it's average monthly return is phenomenal. You just have to be patient and after several years you will be pretty wealthy.
Member Since Jun 18, 2011   52 posts
Mar 05, 2012 at 11:05
I haven't seen any other FGB accounts that have been profitable over the last 6 months. Perhaps the FGB team are manually intervening with this account.
Member Since Oct 28, 2009   1424 posts
Mar 05, 2012 at 11:15
I can confirm that the trades on here pretty much match the trades I get with the Alpari account I started a few weeks ago.

I would guess the opposite is likely, that people are manually closing their own FGB trades thinking that they know better where the markets are likely to go.

Member Since Jul 21, 2010   119 posts
Mar 05, 2012 at 11:16

   SmoothHedge posted:
   I haven't seen any other FGB accounts that have been profitable over the last 6 months. Perhaps the FGB team are manually intervening with this account.

Offcourse I believe that, moreover I didn't take last profittable trades because EA was locked in VERIFYING, it's not the first time I have problems like that, this EA is a b****it
Member Since Jun 17, 2010   25 posts
Mar 05, 2012 at 11:21
My trades have been matching GB pretty closely. Make your DD regarding brokers. This is a highly sensitive robot to brokers.
Member Since Jan 14, 2010   449 posts
Mar 05, 2012 at 20:56

   prototipo posted:
   

   SmoothHedge posted:
   I haven't seen any other FGB accounts that have been profitable over the last 6 months. Perhaps the FGB team are manually intervening with this account.

Offcourse I believe that, moreover I didn't take last profittable trades because EA was locked in VERIFYING, it's not the first time I have problems like that, this EA is a b****it
agree
Member Since Jun 26, 2011   45 posts
Mar 07, 2012 at 12:15
Again... losses. This EA always trades in the correct side of the market, but wait too much to take the profits, what allowing them to become it in losses. Once achieve that, the EA take the losses. Look the down trend in the 1 hour chart. Since the 2/29 the price doesn't do other thing that falling. And this EA had made only sales. The EA was right always, but despite it, only collected mostly losses
(I hope my bad English be understand, my language is Spanish)
Member Since Aug 04, 2011   13 posts
Mar 07, 2012 at 12:18

   betowm posted:
   Again... losses. This EA always trades in the correct side of the market, but wait too much to take the profits, what allowing them to become it in losses. Once achieve that, the EA take the losses. Look the down trend in the 1 hour chart. Since the 2/29 the price doesn't do other thing that falling. And this EA had made only sales. The EA was right always, but despite it, only collected mostly losses
(I hope my bad English be understand, my language is Spanish)

Agree, yesterday was +130pips...and today close in loss 😭
I think FGB have a bad close strategy.
Member Since Mar 08, 2011   51 posts
Mar 07, 2012 at 12:30
The close strategy is as good as the profits made so far! It's impossible for anyone - software or human - to predict where is the best low/high price for closing a sell/buy order. You all expect FGB to do supra-natural work. Well, just wait... The same strategy produced 1700% gain. If you do not want looses, feel free to manually close any positive trade you are pleased with, but do not come here then to express your frustration about not letting it a little bit more on that positive trade. Same goes for negative P/L. Don't try to bee rich doing nothing but complaining. Do your homework and at least read all the thread. Your complaints have been already discussed before and there're are some resolutions.

Good luck!
Member Since Jun 26, 2011   45 posts
Mar 07, 2012 at 13:08
pianosso: don't give too much importance to the 1700 % performance. This number hasn't relevance because if you make work the EA with a leverage of 400:1 you might achieve much more than 1700 %. If you design a robot that make only one trade on the whole week, but has an accurate of 99% (win the 99% of the trades and only lost the 1 % of them) you can work with an account by using 400:1 of leverage by making trades of 10 lots and you will achieve this 1700 % but in only one month. This 1700 % means nothing. Believe me.
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