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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

stevetrade (stevetrade)
Jan 28 2013 at 09:33
1408 posts
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

DiggerOfTruth
Jan 28 2013 at 09:42
46 posts
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.

DiggerOfTruth
Jan 28 2013 at 09:44
46 posts
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!

li21
Jan 28 2013 at 10:08
29 posts
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


DiggerOfTruth
Jan 28 2013 at 10:21
46 posts
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!

pianosso
Jan 28 2013 at 11:08
51 posts
'Big Quick Bites Style' is a fancy name for scalping.

DiggerOfTruth
Jan 28 2013 at 18:18
46 posts
@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.)

askforcj (askforcj)
Jan 28 2013 at 21:44
5 posts
guy i really want to use automated trading in my fx acount, how far about that ?

askforcj (askforcj)
Jan 28 2013 at 21:45
5 posts
am new here dude

websmith (websmith)
Jan 29 2013 at 06:40
72 posts
Hello, Michael. Look at my profile. I use more profitable and safe expert advisor in my view.

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