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GPS Robot FxChoice 1mio Tr (By Mark Larsen )

Gain : +235.19%
Drawdown 88.95%
Pips: 42.2
Trades 398
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

GPS Robot FxChoice 1mio Tr Discussion

vontogr (togr)
Sep 30 2020 at 07:05
4862 posts
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade

04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%

04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?
marco_mmbiz
Sep 30 2020 at 09:40
370 posts
togr posted:
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade

04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%

04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?

They've been lucky for 5 years now. Maybe they think they could do this for another 5 years. 😕
patience is the key
vontogr (togr)
Sep 30 2020 at 10:38
4862 posts
marco_mmbiz posted:
togr posted:
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade

04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%

04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?

They've been lucky for 5 years now. Maybe they think they could do this for another 5 years. 😕

Yeah they had tripled the account, but who knows the risk taken. As the DD shows 7% while it was at least that 13% - as the losing trade
pabblo
Apr 18 2021 at 12:27
5 posts
Track record not verified. Done with real stats? 🙃
Mark Larsen (ForexMark)
Apr 19 2021 at 08:35
278 posts
pabblo posted:
Track record not verified. Done with real stats? 🙃
Why you not posted your message in all threads? :)

Accounts now completely verified. It was connected with new Myfxbook.ex4 EA version from MyFxBook. Nice MyFxBook support provided us information about it and we changed it in our MT4 terminals and now accounts were verified.

Thank you and have a nice weekend,
Mark
GPS Robot and YieldNodes.Org
German Traders (GermanTraders)
Dec 11 2021 at 15:24
2 posts
What's the reason for that big DD in 28th of October?
Midday Forex (cgasucks)
Dec 12 2021 at 00:25
73 posts
GermanTraders posted:
What's the reason for that big DD in 28th of October?

Losses happen BUT this system another trade immediately after but on the opposite side of the original trade (sold instead of buy EURUSD) at 7X the previous lot on October 6th. Martingale systems tend to do that.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Mark Larsen (ForexMark)
Dec 21 2021 at 13:28
278 posts
GermanTraders posted:
What's the reason for that big DD in 28th of October?
Hello,

Sometimes it's possible to have loss trades but more important that GPS Robot still was able to close reverse trade in profit. It was long and difficult trade but it still earned additional income for our users. Also many of them got big profits because of swap (we got it on our accounts too).

Best regards,
Mark
GPS Robot and YieldNodes.Org
lepp
Mar 17 at 07:07
6 posts
I don't get your strategy. I see that if you end up in a loss you open an insanely high trade after that. Sometimes you trade with 1700-1800 lots that translates into 1lot for every $1800 on your account. It is gambling, but with your balance of over $3M I am curious how do you feel when these trades are running.
Midday Forex (cgasucks)
Mar 17 at 12:50
73 posts
lepp posted:
I don't get your strategy. I see that if you end up in a loss you open an insanely high trade after that. Sometimes you trade with 1700-1800 lots that translates into 1lot for every $1800 on your account. It is gambling, but with your balance of over $3M I am curious how do you feel when these trades are running.

It is gambling as this EA has a martingale strategy if it incurs a loss. They've been around for a long time and have been lucky using this strategy so far.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
imperatus
Jun 04 at 08:02
3 posts
Holy Christ, this account has over $3 million, uses martingale, and suffered an almost fatal 89% drawdown. If I were you mate, try to withdraw at least the initial deposit capital. Next time this might not be so lucky.
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