Forex Growth Bot Discussion

It's sad to see yet another person taken advantage of by unscrupulous brokers, I stopped trading with Think Forex when it became apparent to me that their back end systems didn't measure up to what I would expect from a top class broker.

I would suggest that if you plan to carry on trading manually then don't trade an MT4 broker. Maybe try Dukascopy or someone more reputable. A lot of MT4 brokers are questionable, especially when you start winning.
Best regards Steve

pianosso posted:

DiggerOfTruth posted:
Have you ever made almost 400% in a few hours of trading with leverage of near 1:500? With real money?? If not, who are you to give such advice to not trade with real money??

And no, it wasn't 'a fluke' or 'blind luck'. I'll do it again, but with a righteous (is there such??) broker. Not STINKForex. They are going DOWN. Amen.

Do it again using fake money. Please, we would like to see that demo account on myfxbook.

I should add that I did that despite STINKForex sabotaging me even before they stopped my trading by changing the leverage without notice!! Put them in their own Bucket and let them stink there. For good.

stevetrade posted:
It's sad to see yet another person taken advantage of by unscrupulous brokers, I stopped trading with Think Forex when it became apparent to me that their back end systems didn't measure up to what I would expect from a top class broker.

I would suggest that if you plan to carry on trading manually then don't trade an MT4 broker. Maybe try Dukascopy or someone more reputable. A lot of MT4 brokers are questionable, especially when you start winning.
Best regards Steve

Thanks Steve. Who is more reputable than Dukascopy? And what platform do they use? I have only used the MT4 thus far.

One thing I can't figure out: if you're making commissions/pip spreads for the broker, unless they are a Dealing Desk broker, shouldn't they be happy that you are winning, so that you can continue to trade and make them more commission? If they don't like you winning, they are working against you and are the enemy and must exposed and expunged for all to see!

pianosso posted:
Do it again using fake money. Please, we would like to see that demo account on myfxbook.

hahaha :P second!

@DiggerofTruth - what i meant to say was.. trading large volumes is over exposing yourself to risk should the position turn the other way..
Did you consider that if you are trading with 500:1 leverage, and allegedly Think Forex reduced this without notice by a factor of 5.. made you hit margin call immediately.. then you are still over exposed on 500:1 leverage.
Even on 500:1 leverage you need much more buffer than that to trade like you do..

if it were so easy to make 400% a night then everyone one would be doing it and there would be no market for things like EA's, Education, probably even Investment Banks and portfolio managers would be out of a job... :D

Yeh.. im just sour cos I don't make much on Forex:D

li21 posted:

pianosso posted:
Do it again using fake money. Please, we would like to see that demo account on myfxbook.

hahaha :P second!

@DiggerofTruth - what i meant to say was.. trading large volumes is over exposing yourself to risk should the position turn the other way..
Did you consider that if you are trading with 500:1 leverage, and allegedly Think Forex reduced this without notice by a factor of 5.. made you hit margin call immediately.. then you are still over exposed on 500:1 leverage.
Even on 500:1 leverage you need much more buffer than that to trade like you do..

if it were so easy to make 400% a night then everyone one would be doing it and there would be no market for things like EA's, Education, probably even Investment Banks and portfolio managers would be out of a job... :D

Yeh.. im just sour cos I don't make much on Forex:D

Well, you are right about risk...and right to warn. And no, it didn't hit margin call immediately...it took a while...but nothing would have been problematic had they not sabotaged my account!! THat is the whole issue. Large lot sizes and risk are my problem...or blessing. Two separate issues.

As for 'easy', just because it appeared to be 'easy' for me doesn't mean it will be for everyone else. Or anyone else with my level of inexperience - but I do learn quickly. I just wish I had know of this many years ago...:) It's like a money tree...LOL! Hey, I need a few grand, do you have a few minutes? LOL! Hey, I need a new vehicle or boat or house - give me a day or two. LOL! :)) Glory to God!!

So, even though these devils have done this to me, I know I can reproduce successes quickly with a better broker and faster connection. It will also be good for my soul.

I think EA's are for the timid (and possibly stupid...), now that I compare them with what I did in a few hours.

With the way Investment Banks act, those devils should be sent to Hell!! Bail them out? Put them out - of our misery!!

As for portfolio managers, it appears I could do their jobs well too. Who knows? I might end up helping others financially - and since I am not a greedy shit soul - they can trust me. Unlike so many in this world, especially in the financial world. Greed - the love of money - is the root of all evil. To me, it's just a tool. What we do with it is what matters. Wealth for wealth's sake is empty.

Because you haven't been too evil against me li21, I tell you what I did: Big Quick Bites Style. :) Maybe that could be a new martial arts style too. LOL!

'Big Quick Bites Style' is a fancy name for scalping.

@pianosso

Thanks for the confirmation. I actually had wondered if that name was appropriate for what I was doing...:) See how little I know?? I hear and read the terms, but don't have many definitions in my head. :) The name I came up with wasn't meant to be fancy - just ignorant of the right terms...until I am taught by those with knowledge to share. Or I could study all the terms and 'know everything' and still trade like a loser...LOL! :PPPPPPP A little baby-loooooozahh!! Priceless!! (Gotta love those old Saturday Night Live skits. Hans and Franz. Good for a laff.)

guy i really want to use automated trading in my fx acount, how far about that ?

am new here dude

Hello, Michael. Look at my profile. I use more profitable and safe expert advisor in my view.

UPDATE:

A Rob Talwar from ThinkForex just emailed and says he wants 'to call' and talk about it. Another supposed 'Account Manager'.

Too late for calls Rob. Any discussion shall be by email for the record. We won't be getting into 'he said, she said' on the phone.

DiggerOfTruth posted:
FURTHER HELL FROM ThinkForex!!

I decided to try and get what funds I had left in the account, after I had qualified for their 20% bonus (amounting to 1000 GBP) because I could no longer trust them.

But - and you're going to love this - they bring up the Terms of the bonus and state, after the deposit funds are withdrawn that I have breached the Terms by withdrawing them before 60 days are up.

Priceless. More theft. More wickedness.

THEY cause the trauma, they cause the theft, they LIE & DECEIVE all to steal from me and now they say the Terms are breached...but they can break every contract they wish...BUCKET SHOP BASTARDS.

Fucking sickening. CURSE THEM ALL!!

You want to withdraw the 20% deposit bonus?
Is that what you mean?

li21 posted:

You want to withdraw the 20% deposit bonus?
Is that what you mean?

I wanted to clear out all the funds left in the account after their sabotage and destruction as no one can trust an outfit like that, ever again. I mean, you couldn't even accept a beverage from them for fear they have poisoned it!!

The 20% bonus was part of that, yes.

It is clear that they are going to fight for every penny and not give an inch.

So be it. Their destruction shall be worse.

Amen.

Buddy you need to calm down losses do occur in trading change broker and control you anger and Psychology if you want to continue trading market will give you chances to recover all losses.

Further more you cannot withdraw bonuses as i know bonuses are illusions if you achieve certain volume targets then they give it to you so practically they are trap to make you greedy and loose all money.

Trade wisely act wisely 😄.

DiggerOfTruth posted:

li21 posted:

You want to withdraw the 20% deposit bonus?
Is that what you mean?

I wanted to clear out all the funds left in the account after their sabotage and destruction as no one can trust an outfit like that, ever again. I mean, you couldn't even accept a beverage from them for fear they have poisoned it!!

The 20% bonus was part of that, yes.

It is clear that they are going to fight for every penny and not give an inch.

So be it. Their destruction shall be worse.

Amen.

Just purchased this EA, I have two problems...

1) when I tried to activate license, got socket error, but resolved it with a proxy.

2) when I attach it to EUR/USD chart, License Status always show 'Verifying', I do not know if that status means it's working or not, no trades were placed so far, I am still waiting for their suppor team's answer about it.

does anyone know 'License Status: Verifying' mean? Is EA woring or not in that status?

rabbitsongyu posted:
does anyone know 'License Status: Verifying' mean? Is EA woring or not in that status?

definitely not working..
check that you have activated it with the license manager and the account no of ur MT4..

li21 posted:

rabbitsongyu posted:
does anyone know 'License Status: Verifying' mean? Is EA woring or not in that status?

definitely not working..
check that you have activated it with the license manager and the account no of ur MT4..

I have already activated it with license manager, and checking status with license manager returns 'License status is valid', but when I drap EA to chart, that license status always shows 'Verifying'....

One special thing on my side is that I am in China, it seems this EA's license verify server is blocked by GFW (China Government Firewall), initially I could not even activate it with license manager, afterwards I used a VPN and resolved it. But it has never worked on my chart even I used same VPN, the one has already helped me activate license.

By the way, I am not going to use VPN all the time for trading... therefore if this problem can't be resolved without VPN, I will claim refund.

Perhaps a proxy could help, if its permitted by the government that is.