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Can you consistently make a profit of USD2000 on a USD5000 account?
v
Obecné
Apr 29, 2013 at 12:22
Why do you need to make 40% return anyway? A 10% monthly return compounded will double your capital over about nine months. If you can afford to leave your capital in, starting with $5000 in five years you would have over a million in your account. There is far too much short term thinking in forex, which is what generally leads to people taking unnecessary risks. I would focus on getting a winning strategy that looks good over several years and just keep on top of it. My guess is that you are asking because you want to know if you can earn a living from your savings?I would say not, in my exp...
Max Billion Clubs, jatindra M - Agung T
v
Obchodní systémy
Apr 29, 2013 at 12:16
Here's a question and I'm sure there is a perfectly good explanation for it. Why does your chart show a massive downward spike around March 7th when it didn't previously?Best regards Steve
Vergil_Goldtrader
v
Obchodní systémy
Apr 27, 2013 at 10:37
Why don't you ever trade real money?Seriously, everyone knows that order fulfillment on demo accounts is not realistic. In this day and age the only serious way to market an EA is to trade real money, on a real account at a reputable broker.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Apr 27, 2013 at 10:29
I would say 2 1/2 years is fairly long term in forex trading. So you can see it here and it is keeping to a fairly straight trajectory, one of the things that makes this EA so attractive.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Apr 25, 2013 at 15:07
Yes, it's still within it's long term equity curve though. Best regards Steve
Max Billion Clubs, jatindra M - Agung T
v
Obchodní systémy
Apr 18, 2013 at 13:49
Oh that's too rich for my blood. For a system that looks as though it might fall prey to a black swan event one day $5000 is too big a gamble.Best regards Steve
Max Billion Clubs, jatindra M - Agung T
v
Obchodní systémy
Apr 17, 2013 at 10:43
What's the deal with this EA anyway? At first you were managing accounts and then you stopped that. Then you were selling the EA, then you stopped that. Is this currently being offered in any commercial format?Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Apr 10, 2013 at 09:26
Yep, most consistent long term performer out there in my opinion.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 21, 2013 at 14:51
Combination of initially trading with larger risk and a highly volatile market.Best regards Steve
http://vk.com/f4you
v
Obchodní systémy
Mar 21, 2013 at 11:58
As it wasn't possible to make 8028936.5 pips on the EurUsd on 20th March I'm going to assume this is a successful hack of MyFxBook.Best regards Steve
Vergilfx.com
v
Strategie
Mar 18, 2013 at 09:22
I can tell you about it, it's a tick scalper or similar is my guess and while it appears amazing in back test or a demo account in the real world it will probably make a loss.
Forex Growth Bot
v
Obchodní systémy
Mar 12, 2013 at 10:12
Hi, yes sure it can go countertrend. I'm working off the principal that the backtest and live trading results for this EA include all news results and the EA is profitable. You could, as you say, analyse the data against news release date/times and see if excluding the news releases would make the EA more profitable. I think just cutting the news trades out without analysing the result would be unwise as you might be removing some of the most profitable trades.I'd be interested to hear how you get on. I did consider doing it myself but it's will take a fair amount of messing around...
Forex Growth Bot
v
Obchodní systémy
Mar 11, 2013 at 15:13
I don't, it's a trend following system. Some news events will go with the trend and some against. It also makes most of it's profit in sudden bursts of activity. Miss one of the runs and you are in a world of hurt.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 11, 2013 at 14:11
On the chart you are running FGB on it says in the top corner Internal = x, External = x.If they are not the same number it means the EA has lost control of positions and you should manually intervene.If it happens continually ( it did to me once ) the solution is to reinstall the EA. Even if you are running the latest version. It seems to solve the problem.It's not unexpected to get different positions than the default account, especially with different broker and VPS combinations. Just monitor your performance in comparison to this one and if it's considerable worse, change something...
Forex Growth Bot
v
Obchodní systémy
Mar 11, 2013 at 13:05
I have seen different set ups take different trades to this one, so I wouldn't worry but I would keep an eye on it, definitely.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 11, 2013 at 12:37
Check whether the internal and external numbers ( on the chart ) are the same. If they aren't close it definitely. Also if they aren't the same it's probably worth reinstalling FGB.Best regards Steve
Vergilfx.com
v
Strategie
Mar 08, 2013 at 12:51
This EA is showing 1.2 pips expectancy on a backtest, the forward demo shows an expectancy of 0.7 pips.DON'T expect this EA to make any money on a live account, slippage on entry and exit will kill it, guaranteed.Why do you think there are no live accounts shown?Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 07, 2013 at 14:34
The account is verified, therefore it's been checked as a live account, plus I'm not sure you can set up a $250 demo account.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 07, 2013 at 11:02
I'm not saying the FGB doesn't work, it obviously does. I'm also not saying that FIB won't be better, time will tell.However, it has yet to be proven over a sustained period.Best regards Steve
Forex Growth Bot
v
Obchodní systémy
Mar 07, 2013 at 09:08
I'm going to be a little cynical here, but I've been around the Forex autotrading business too long not to be.Forex Growth Bot has 1780 people watching and as the most popular system on here has been viewed 1.2 million times.Eugene makes a full time living from trading FX, or so the sales blurb tells us and yet it's not from this account which since day one has had no withdrawals. There are no other accounts shown on his page - which I personally would show if I had other live money accounts as it adds to credibility.So how does he make a full time living from FX? Selling robots?Wh...
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