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GPS Robot FxChoice 100k (By Mark Larsen )

Gain : +589.23%
Drawdown 51.16%
Pips: 118.8
Trades 526
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

GPS Robot FxChoice 100k Discussion

Ryan Schultz (RyanSchultz)
Oct 03 2018 at 18:23
24 posts
Hi! Unfortunately I closed my current account. I mentioned above that I did two withdrawals from it and for now I closed it. I plan to open one more account with GPS with other risk management. I choosed other broker and already bought other license for GPS to trade it... I will post my results later. Anyway, it seems that there are a lof of accounts gps to see the progress... My trades were the same like mark has but with small risk management and small profits. There are some differents with few trades when my PC was switched off due to instability of electricity, but nothing else.

So now I would loke to open new account with more amount to have more profits with GPS. Anyway I recouped the price of license of GPS several times, so i lost nothing with it.
rickyalpari_1
Oct 03 2018 at 21:37
53 posts
Mark, 38 minutes on your account
1 day on mine
10.02.2018 01:00 10.03.2018 05:04 EURUSD Buy 0.05 - - 1.15757 1.15782 2.5 0.58 1d

This is why i said the trade are different..
and also here the trade is not present
https://www.myfxbook.com/members/ForexMark/gps-robot-fxchoice-1mio/1213851

However no problem.. it is clear that with with a low expectancy some difference are present

Regards
R.
John (sagen520)
Oct 04 2018 at 07:50
11 posts
ForexMark posted:
sagen520 posted:
I already have one license. Now I want to buy two more license for my families. Can I get the discount?

Hello John,

Yes, sure! Please send in PM your email address and I will redirect your question to support. They will provide you detailed information.

Thank you!

Best regards,
Mark

already pm, please check.
Mark Larsen (ForexMark)
Oct 04 2018 at 13:40
280 posts
sagen520 posted:
ForexMark posted:
sagen520 posted:
I already have one license. Now I want to buy two more license for my families. Can I get the discount?

Hello John,

Yes, sure! Please send in PM your email address and I will redirect your question to support. They will provide you detailed information.

Thank you!

Best regards,
Mark

already pm, please check.

Hello John,

Yes, I see. It seems that you already have an answer. Please let me know if you still have some questions I will ask support to contact you directly.

Best regards,
Mark
Mark Larsen (ForexMark)
Oct 04 2018 at 13:44
280 posts
rickyalpari_1 posted:
Mark, 38 minutes on your account
1 day on mine
10.02.2018 01:00 10.03.2018 05:04 EURUSD Buy 0.05 - - 1.15757 1.15782 2.5 0.58 1d

This is why i said the trade are different..
and also here the trade is not present
https://www.myfxbook.com/members/ForexMark/gps-robot-fxchoice-1mio/1213851

However no problem.. it is clear that with with a low expectancy some difference are present

Regards
R.

Hello,

It seems it was because of spread in your case. So trade was not closed because of it. In general such situations are not often and in the most of the cases you will get almost the same results. On account which you mentioned we used other settings so it's normal that there we not have this trade. In any case thank you for this conversation it's always pleasure to talk with good and polite person.

Best regards,
Mark
Mark Larsen (ForexMark)
Oct 04 2018 at 13:47
280 posts
RyanSchultz posted:
Hi! Unfortunately I closed my current account. I mentioned above that I did two withdrawals from it and for now I closed it. I plan to open one more account with GPS with other risk management. I choosed other broker and already bought other license for GPS to trade it... I will post my results later. Anyway, it seems that there are a lof of accounts gps to see the progress... My trades were the same like mark has but with small risk management and small profits. There are some differents with few trades when my PC was switched off due to instability of electricity, but nothing else.

So now I would loke to open new account with more amount to have more profits with GPS. Anyway I recouped the price of license of GPS several times, so i lost nothing with it.

Hello Ryan,

It's real gratification to see one more successful long term GPS Robot fellow trader. Support contacted you? I just want to be sure that you got all additional licenses and bonuses which you discussed with our staff.

Thank you!

Best regards,
Mark
Ryan Schultz (RyanSchultz)
Oct 08 2018 at 08:20
24 posts
Hello Mark

Yes, we discuss with support now. They аre helping me to choose a good VPS for the terminal with gps.

Also they provided me third license free because I already bought two. I really glad and appreciated it. Thank you.
Greg (bluboy)
Oct 08 2018 at 09:58
31 posts
Mark,
I have noticed this happen before but now that I found you I can ask the question. I have all the EA's for the pairs but I seem to notice that only the EURUSD seems to produce any trades, this was the same last time I had it on a platform, can you tell me why?

I do see that you are only running EU on your account and add to the fact we cannot backtest (which is annoying) I for the life of me cannot understand why the other pairs do not trade at all?

Cheers
Greg
FEST
Oct 08 2018 at 13:35
19 posts
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan
Frankw0007
Oct 10 2018 at 06:17
2 posts
Is this system for copy or just for show I don’t see the option to copy and try this system out and could start this with $5000 would it still provide the same effect.
Greg (bluboy)
Oct 10 2018 at 08:04
31 posts
Frankw0007 posted:
Is this system for copy or just for show I don’t see the option to copy and try this system out and could start this with $5000 would it still provide the same effect.

You have to purchase Frank from his Website

Greg
vontogr (togr)
Oct 10 2018 at 08:06
4862 posts
FEST posted:
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan

The profit was not 1%
Monthly: 2.26%
It is not much but system seems to be stable
Greg (bluboy)
Oct 10 2018 at 10:04
31 posts
FEST posted:
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan

Stephan,
There is no discrepancy except for the risk factor taken on the account, obviously the risk that is taken on this account is low and as traders we have the choice to take a higher risk if we feel the system is stable enough to take that risk. Look at the history of the system and decide for yourself what amount of risk you wish to take.
Does it have the potential for higher profits with a 94% hit rate - absolutely but as we know with higher reward is higher risk mate, its up to us as traders to decide.

Cheers
Greg
FEST
Oct 10 2018 at 13:38
19 posts
togr posted:
FEST posted:
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan

The profit was not 1%
Monthly: 2.26%
It is not much but system seems to be stable

Agree the over all RoI is 2.26% but only due to huge earnings at the beginning. In the last two years the monthly RoI is rarely above 1% monthly RoI.
FEST
Oct 10 2018 at 13:38
19 posts
bluboy posted:
FEST posted:
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan

Stephan,
There is no discrepancy except for the risk factor taken on the account, obviously the risk that is taken on this account is low and as traders we have the choice to take a higher risk if we feel the system is stable enough to take that risk. Look at the history of the system and decide for yourself what amount of risk you wish to take.
Does it have the potential for higher profits with a 94% hit rate - absolutely but as we know with higher reward is higher risk mate, its up to us as traders to decide.

Cheers
Greg

Thank you Greg, for your explanation which seems comprehensible to me.
Could you point out a little bit in what way traders are able to control the risk within the EA parameters?

Kind regards
Stephan
Greg (bluboy)
Oct 11 2018 at 06:37
31 posts
Fest,
Purely by using the MM settings,also the Trail stop loss, Multiplier after a loss etc, it is the reason I am disappointed that we cannot back test it to see if there are better parameters, currently i am using default parameters and can adjust the MM side of it and reduce the Multiplier if I so choose. I have attached the list of the settings I have at the moment.

My other issue is that I have only been getting trades on the EU and none of the other pairs I have the robots attached to, I am waiting for Mark to respond when he is free....

By the way this is not the only EA I use but would be nice to add to a live account if I think it is worthy of being there.

Cheers
Greg

Attachments:

tankabott
Oct 11 2018 at 06:37
2 posts
I have been reading this thread and just cant believe how uncritical you all are. Did anyone actually do the research on this account?
If you did you would have known that these account stats are heavily manipulated. The actuall max DD so far has been over 50%. Just look at the attachment. This trade was opened for 7 days and was down 53 pips at some point. It means the DD on this trade only was 40%+.

So you guys want to manage the risk yourselves? The current risk is 50%+ so how are you supposed to raise it? Its crazy to me how people believe anything thats shown to them and pay money for this kind of . I will get blocked by the thread owner, just thought you should know the truth.

vontogr (togr)
Oct 11 2018 at 08:11
4862 posts
FEST posted:
togr posted:
FEST posted:
Hi Mark

You promote your EA on your Homepage with 30% average monthly RoI (or even more), but when I look to the result of your verified account provided here on myfxbook in the last three years the monthly RoI was normally below 1% per month...

Can you explain this discrepancy to me?

Kind regards
Stephan

The profit was not 1%
Monthly: 2.26%
It is not much but system seems to be stable

Agree the over all RoI is 2.26% but only due to huge earnings at the beginning. In the last two years the monthly RoI is rarely above 1% monthly RoI.

well yes that is right
Mark Larsen (ForexMark)
Oct 11 2018 at 10:17
280 posts
bluboy posted:
Mark,
I have noticed this happen before but now that I found you I can ask the question. I have all the EA's for the pairs but I seem to notice that only the EURUSD seems to produce any trades, this was the same last time I had it on a platform, can you tell me why?

I do see that you are only running EU on your account and add to the fact we cannot backtest (which is annoying) I for the life of me cannot understand why the other pairs do not trade at all?

Cheers
Greg

Hello Greg,

Concerning bt you can check my answers above. It was answered several times why. Moreover you can see some bt on our website. Concerning trading, so yes, if you use default settings so it's completely normal and you can don't worry about it. I recommend you send me in pm your email address and I will ask support to provide you detailed information if you prefer.

Best regards,
Mark
Mark Larsen (ForexMark)
Oct 11 2018 at 10:23
280 posts
bluboy posted:
Frankw0007 posted:
Is this system for copy or just for show I don’t see the option to copy and try this system out and could start this with $5000 would it still provide the same effect.

You have to purchase Frank from his Website

Greg

Hello Greg,

Yes, you are right! Thank you very much for your clarification. I didn't notice it before my message.

Best regards,
Mark
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