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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

gzs26388
May 23 2013 at 06:43
5 posts
I had the same problem on Monday. It turned out that there was a forced update of MT4 to build v500 last weekend. I had to close MT4 manually on my VPS, wait a couple seconds then re-open it. MT4 then displayed a message saying that it must be upgraded, so I did, and after that everything was OK.

fredcad (fxtradefred)
May 23 2013 at 18:02
21 posts
ça fait mal au cul hein....

betowm
May 24 2013 at 12:28
45 posts
My wife says about the FX robots ...'if somebody has developed a very profitable bot why would it selling it to others, if he can using it for his own enrichment? Well... with the devastating behavior that this bot is having this last times, this question has been responded.

Steve B (stevetrade)
May 24 2013 at 13:14
1408 posts
That's a common view and the only answer really is that money in your bank now is far better than money that you might win in the future - if the robot performs well, if the broker stays in business, doesn't cheat on your account and decides to honour your withdrawal request.

It's a pure business decision that any savvy business man would take.

Best regards Steve

stevewalker
stevewalker
May 24 2013 at 14:22
1439 posts
the reason of gross loss in last 2 months is BOJ.
new BOJ president made actions to weaken YEN. ( Currency Wars )
this made YEN pairs movin fast. Money actually flow those pairs.
EURUSD is dead & will be dead until BOJ stops & YEN settle.

EURUSD is in great chop.
FYI

aiglagil
May 24 2013 at 14:25
2 posts
A FREDCAD. Ben oui ! J'ai retiré FGB à -24,22% il est passé depuis à-34,69%... Je surveille le graphique (encore un bonheur qu'il soit toujours accessible) Depuis 6 mois j'ai Kangaroo - ancienne version - qui tourne et tient bien sa progression (50%) dans la volatilité actuelle

ChickenDinner
May 24 2013 at 14:26
1 posts
that argument is just bullshit. why should a fx robot developer not sell it to get additional income to increase his bankroll?

Wybotrader
May 24 2013 at 14:28
10 posts
This EA is kind of a rollercoaster ride. Over the years it has proven to be a profitable system though when you backtest it since 1999. Even 2000 was a losing year. Drawdowns depend on how much leverage you're willing to take. 2013 might be another losing year. That comes with the risk of trading. It's actually a little bit amusing to see the reactions on here when the bot is performing well. People are getting very excited. Now for the recent months market conditions were extremely choppy. Bad condition for this EA. And again peoples reactions on here are getting fearfull and depressed of a breakdown of this EA. Of course this might be the end of this EA but personally I believe if your risk settings are not too extreme your able to survive this drawdown. The overall problem with the majority of traders is they are not willing and able to experience losses. I bet a lot of traders following this system are giving up on this EA at these levels simply because they can't handle any more losses mentally. That's why 95% of traders are losing money in the long run.

cgasucks
May 25 2013 at 07:29
34 posts
I'm in it for the LOOONG run...but I've officially decreased my risk to .05 lots per trade...

coder82
May 25 2013 at 07:30
4 posts
guy why don't u freaking learn to trade instead of throwing money down the sink this way? An automated bot does not learn how to adapt like your mind would... gosh put some effort !

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