GPS (FBS Real Acc $195.23) (by chkochong) Quick Stats
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GPS (FBS Real Acc $195.23) Discussion
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chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 23 at 09:00
Chechova posted:
It's good that you use classic, familiar assets, it allows to implement your ideas to those traders who are used to working with standard settings. And this also makes sense, so I hope that you will continue to have the same success.

Thanks Chechova for the encouragement. Appreciated. Thank God i did well for the past one month plus. But, however, I wish to say that I was wrong about GPS robot and the strategy I used did earn me lots of profits, but soon I realized that this strategy was totally wrong because it's was simply too risky. I now have left GPS and closed my account and went on for MTI instead. Let me shared with you all a calculator that could help calculate your risk when using GPS. Will leave a link below so you all could click to watch everything and download it for 100% free to use for your own best safety. GPS in my humble opinion is good if you have a big account, othewise you would only have very tiny profits vs a huge risk of reversal trade which could wipe out all your previous profits and your account balance as well with just one single lost trade. You will understand everything when you watch my youtube video for this matter. Therefore, please use the calculator to help minimize your risk as much as possible. Failure to do so would put your account in huge risk which is extremely dangerous and harmful for you. In addition to that, I will also leave the link below for those of you who are interested to find out more about MTI and why I recommened it now instead of GPS. Thanks and wish you all the very best in your findings and experience in trading and investments. Take care and God bless:)

A special Calculator for all GPS robot users:

MTI info:
1.) What is MTI?

2.) How to sign up with MTI?


SFETrading

Member Since May 11, 2020  73 posts SmartForexExpert (SFETrading) Aug 24 at 10:17
Hi CChong,

I can see you are very enthusiastic about investments and you put a lot effort into research and finding good investments, and helping other people out.

I am glad that you have realised that the GPS Robot is risky and is not suitable for everyone - which is what I thought as well.

I have watched your channel about MTI, however a warning has just come out of FSCA against them a few days ago, so I think you will need to be careful with them as well: https://cointelegraph.com/news/south-african-regulator-warns-against-using-mirror-trading-international

It seems that their FX Choice statement could be fake: 'To add more substance to their doubts against MTI, the FSCA pointed to a public statement by MTI’s platform broker FX Choice, which denied the legitimacy of the services and trading volumes claimed by MTI.'

Anyway, I was like you a few years ago - until I found the SFE systems, which have made me over $330K from mid-2016 to mid-2020. I have now even partnered with the developer to run a signal service for him. His systems are simply the best that I have ever seen, by a large margin. I would invite you to have a look at our systems and give an unbiased review about what you think about us. smiley

Kind regards,
Jimmy

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 24 at 12:01
Thanks Jimmy. appreciated. Are you talking about SFE Price Action 443.84% Gain and 24.25% drawdown automated trading service? If so, then ok thanks. Would love to go check it some time later when I'm available to do so. However, I only interested in knowing any automated service, EA or robot that works with small account balance like $100 or so. The reason for that is because I need to find good tools that I could help others, typically those who could only afford a small $100 to start small. That is why I found GPS and MTI. Sadly speaking GPS does work with $100, but the profits were simply too small ($0.20 profit per trade) and risk too much with one single reversal trade that could literally kill all profits and wipe out the whole account once it failed under any unexpected and unforseen circumstances. That was why I need to leave GPS and going after other stuff such as MTI.

As for MTI, thanks very much for the info provided, yes, we as members were informed by MTI of such FSCA and TEXAS matters too. In the mean time MTI is still working hard to try to resolve the issues with both of them, yet so far they were not seemed to be willing to cooperate in the positive way and direction. Apart from MTI, there is also a very trusted youtuber and serious investor that I trusted, his name is Crypto Analyzer, if you follow his videos, you would understand why I trusted him, a great honest guy that try to find good and trusted companies for crypto investment. MTI was one of them that he done review on, here is the updated videos about MTI matters for your info:
   

SFETrading

Member Since May 11, 2020  73 posts SmartForexExpert (SFETrading) Aug 24 at 13:43
Hi CChong,

Our signals run 10 SFE strategies on the accounts, and SFE Price Action is just one of them. You can see the signals under my profile: https://www.myfxbook.com/members/SFETrading

Well, unfortunately I think it would be unrealistic to expect too much gain with $100 with my signals. Even with the high risk signal where we expect 100-200% gain in a year, you would only make $100-200 a year starting with $100.

If you are aiming for huge gains with small amounts, there is this guy who grew $1 in to $80 but I think the account was already blown: https://www.myfxbook.com/members/onlineaddict/from1tomillion/6354122

Maybe you could try him out if you are feeling a little adventurous. smiley

SFETrading

Member Since May 11, 2020  73 posts SmartForexExpert (SFETrading) Aug 24 at 13:59
Also, I have watched the video and did a bit more research on MTI.

It seems like a multilevel marketing scheme to me and you will probably make money if you get in early enough, but once they are unable to recruit more members or their investment return starts to drop, then everything could crumble. I think you just need to be very careful about that.

You are one of the only few people I can see here who is genuinely trying to help others, but please be careful not to choose the wrong type of investment, otherwise it could cost you and others who follow you dearly. I wish you all the best with your future trading and investments. smiley

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 24 at 14:43
SFETrading posted:
Hi CChong,

Our signals run 10 SFE strategies on the accounts, and SFE Price Action is just one of them. You can see the signals under my profile: https://www.myfxbook.com/members/SFETrading

Well, unfortunately I think it would be unrealistic to expect too much gain with $100 with my signals. Even with the high risk signal where we expect 100-200% gain in a year, you would only make $100-200 a year starting with $100.

If you are aiming for huge gains with small amounts, there is this guy who grew $1 in to $80 but I think the account was already blown: https://www.myfxbook.com/members/onlineaddict/from1tomillion/6354122

Maybe you could try him out if you are feeling a little adventurous. smiley


Hi, noted with thanks. Yes, can't expect much with $100. You are absolutely right. Agreed. That's why investment is all about. Be real and honest and not expect for crazy results within a short period of time. Whoever that could promise big and unvelievable gain would 99% be a scam. simple as that.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 24 at 15:00
SFETrading posted:
Also, I have watched the video and did a bit more research on MTI.

It seems like a multilevel marketing scheme to me and you will probably make money if you get in early enough, but once they are unable to recruit more members or their investment return starts to drop, then everything could crumble. I think you just need to be very careful about that.

You are one of the only few people I can see here who is genuinely trying to help others, but please be careful not to choose the wrong type of investment, otherwise it could cost you and others who follow you dearly. I wish you all the best with your future trading and investments. smiley


Thanks for the very honest advice and great encouragement. Appreciated. Yes I understand the potential risks of such investment. will keep an eye on MTI as how it progress on, as far as I know for now, things are going pretty well with MTI. Just like Crypto Analyzer said, 'any company could fail'. There is no 100% risk-free company or investment, and therefore, never invest with money that you cannot afford to lose. Will keep learning about how things are going and hope that I could all help others with great tools and not another scam again that hurt so many people.

For some more in depth info about MTI, here is an interview video with MTI CEO just in case you or anyone who are interested to know more: And this is a more recent Q & A video about MTI: Hope that helps clear of many of the questions raise by the publice about MTI.

Wendover

Member Since Dec 11, 2019  10 posts Wendover Aug 28 at 12:28
It's a very, very large leverage.
Many traders today use it. But this cannot be called a universal approach, because traders with capital of a couple thousand could not implement such approaches. This is an interesting approach, but for a limited number of traders.

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 30 at 04:55
Wendover posted:
It's a very, very large leverage.
Many traders today use it. But this cannot be called a universal approach, because traders with capital of a couple thousand could not implement such approaches. This is an interesting approach, but for a limited number of traders.


Thanks for the comments. Yes I agreed that it was using a large leverage which may not be suitable for everyone or any EA. Yet, if you watch my calculator video (you may scroll up in one of the earlier post for this calculator video), you would understand lots of stuff and why I use such a large leverage for GPS robot. Sadly speaking, I was wrong about GPS. It might be good for those who have a very large account, but not for small accounts which generate only tiny profits but comes with a huge risk of reversal trades that could wipe out the entire account in just one trade. Therefore I finally decided to leave GPS and went on to MTI (Mirror Trading International). If you are interested, feel free to scroll up and watch the videos I posted here about MTI and sign up with my link if you wish to. Thanks and God bless:)

chkochong

Member Since May 15, 2019  62 posts CChong (chkochong) Aug 30 at 04:58
For your info, these are the two MTI videos with my link to sign up:


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