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GPS Forex Robot FxChoice (bei Mark Larsen )

Gewinn : +268.11%
Drawdown 30.79%
Pips: -106.3
Trades 551
Gewonnen:
Verloren:
Typ: Real
Hebel: 1:200
Trading: Automatisiert

GPS Forex Robot FxChoice Diskussion

Rog Investments (rogersvensson)
Nov 03 2012 at 19:00
14 Posts
you are risking 10% approx. on the 1st stage, and will bust if the acct. goes against you more than approx. 120 pips on the 2nd stage. The s/l is 220 pips on the 2nd stage(rev. strategy) so you won't even last that long before this acct. goes broke. As the backer, co-developer and investor of this Ea, you know all this so why present such risky examples to us ???
patience, patience & more patience
rob559
Jan 25 2013 at 21:58
1916 Posts
no answer again , why so?😱
Matt (BluePanther)
Jul 28 2013 at 17:20
1358 Posts
No trades for July 2013. That is on my account, Mark's account (here) and a few other live accounts.

What is going on?
Adrian Matusiak (adrian8891)
Jul 28 2013 at 17:38
696 Posts
No trades or just positions are still opened? :) Maybe margin call is close ?
PAMM MANAGER // Professional Fund Manager
Matt (BluePanther)
Jul 29 2013 at 01:45
1358 Posts
I think no trades. It is not usual for GPS EA to keep trades open for so long. It is usually very accurate with trades (90%), however the 10% that it loses it quickly reverses and recovers much of the loss.

I have had no trades and so have a few other accounts, so I am wondering why GPS is so quiet. Certainly doesn't seem to be a broker issue.
elva
Jun 12 2015 at 11:59
12 Posts
rob559 posted:
no answer again , why so?😱


It's a fake? or not?
DD (ddr555)
Aug 15 2015 at 11:32
176 Posts
Hi,
The gain good against the negative points such as High Investment USD 50,000 and Negative pip expectancy -0.3 pips and very high lot size without stop loss means its risky EA. I used this EA and it made more loss than gain in small account of USD 2000.
I wounder why its surviving!!!!! It seems its some agreement with broker!!!
Be Vegan, Make Peace
Atilla69
Sep 21 2015 at 20:29
1 Posts
ddr555 posted:
Hi,
The gain good against the negative points such as High Investment USD 50,000 and Negative pip expectancy -0.3 pips and very high lot size without stop loss means its risky EA. I used this EA and it made more loss than gain in small account of USD 2000.
I wounder why its surviving!!!!! It seems its some agreement with broker!!!


Hi DD,

I have similar wondering: If the deposit was 10.000 USD or less can this account survive?
Rafael (Rafael)
Sep 22 2015 at 07:56
55 Posts
ddr555 posted:
Hi,
The gain good against the negative points such as High Investment USD 50,000 and Negative pip expectancy -0.3 pips and very high lot size without stop loss means its risky EA. I used this EA and it made more loss than gain in small account of USD 2000.
I wounder why its surviving!!!!! It seems its some agreement with broker!!!

Completely bullshit. 😄 If I'm not mistaken in 2012 they started a lot of accounts with different brokers and after that users even voted for the best results and with this broker GPS Robot developers decided to work and it was FxChoice. Earlier they used IamFx and you still can find a lot of statements with different brokers where gps robot shows stable results. It seems that you lost your account because you changed settings. I use default settings and have almost the same results like developers have on their accounts. It's really funny that human always trying to find some issues even if robot really honest and shows very good trading results. I think that if will be some robot which will have twenty good accounts on different brokerages, traders like you even in this case will invent incredible.. I'm sorry but this is only because of your ignorance.


Atilla69 posted:
Hi DD,

I have similar wondering: If the deposit was 10.000 USD or less can this account survive?

I use this system during few years and it still shows very good and stable results. I know few traders from other forum (don't know can I call it's name here or not) and they use GPS Robot with really big deposits, one of them have 170k. Concerning your question, if you will use 10k usd for your deposit so you will use lotsize value which will be less than with 50k deposit. They recommend 0.01 for every $100 of your account. In this case result will be the same in %. It can be not the same if you will use ECN accounts. Because when I use different robots with ECN accounts they always takes huge commissions.
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
wells84
Sep 27 2015 at 11:26
10 Posts
hi there

Who still is using this EA? Who gave up?
rob559
Sep 28 2015 at 09:03
1916 Posts
Imagine If You Could Have A Consistent, Profitable Robot Developed For A Private Group Of Traders That Makes Over 30% A Month Trading In The Forex Market With Live

taken from the website.
are some of you getting close of that 30% target that they have been bragging on?

at the begining the website is very deceptive...is that a bad start or not?







Way2Riches
Oct 14 2015 at 06:54
34 Posts
How is anyone experience with GPS Robot 3? i am looking for the right reasons to go with or not. When it mentions a percentage per month then I am reluctant for such matters that experienced before that promises are very hard to keep on especially with the market. If it so sure then why not I will surely hear everybody rush for it or will hear here many supporting valid claims. I alt east request some honest suggestions from experienced members whether its quite fine to have GPS Robot 3 and it can meet what it acclaims for. Let it Live !
FXtrader2010
Oct 14 2015 at 10:18
724 Posts
I have the EA and was backtesting it and never able to produce a profit, but in V3 you are not allowed to backtest it! haha This EA is very high risk on a live account, I wouldn't use a big balance for it.
Way2Riches
Oct 14 2015 at 13:45
34 Posts
How this cannot have produce a profit and can't understand ? How about GPS Forex Robot large accounts sharing here ? I did see its sell trades after losing trades in the opposite directions. I am not sure same thing will again but at its verified records it still wins so far. My concern why those those trades lost up to -9 pips even it did managed to win back. It never makes sense it will make 100 % loss. So I am seriously look for others traders how is their actual experience with it. We must go for it honestly or not ?
FXtrader2010
Oct 14 2015 at 15:14
724 Posts
Way2Riches posted:
How this cannot have produce a profit and can't understand ? How about GPS Forex Robot large accounts sharing here ? I did see its sell trades after losing trades in the opposite directions. I am not sure same thing will again but at its verified records it still wins so far. My concern why those those trades lost up to -9 pips even it did managed to win back. It never makes sense it will make 100 % loss. So I am seriously look for others traders how is their actual experience with it. We must go for it honestly or not ?
Just try it! you will see your account go bye bye
Rafael (Rafael)
Oct 15 2015 at 07:18
55 Posts
Way2Riches posted:
How this cannot have produce a profit and can't understand ? How about GPS Forex Robot large accounts sharing here ? I did see its sell trades after losing trades in the opposite directions. I am not sure same thing will again but at its verified records it still wins so far. My concern why those those trades lost up to -9 pips even it did managed to win back. It never makes sense it will make 100 % loss. So I am seriously look for others traders how is their actual experience with it. We must go for it honestly or not ?
Just read my post here:
https://www.myfxbook.com/community/trading-systems/gps-forex-robot-fxchoice/321414,1#postRow185113
So many scammers here on the MyFxBook. They don't know how to use it or they just fake persons who want to promote their software. I don't know but I have very good trading results with GPS.

FXtrader2010 posted:
Just try it! you will see your account go bye bye
I have a friend in the internet who with GPS Robot since 2010 year and he started of course with demo account and after that he used huge amount of real money accounts and made a lot of withdrawals but this demo account still alive! 5 years of real trading results! If I ask him and will provide you investor access will you say 'I'm sorry' about your claim?

Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
FXtrader2010
Oct 15 2015 at 12:59
724 Posts
Rafael posted:
Way2Riches posted:
How this cannot have produce a profit and can't understand ? How about GPS Forex Robot large accounts sharing here ? I did see its sell trades after losing trades in the opposite directions. I am not sure same thing will again but at its verified records it still wins so far. My concern why those those trades lost up to -9 pips even it did managed to win back. It never makes sense it will make 100 % loss. So I am seriously look for others traders how is their actual experience with it. We must go for it honestly or not ?
Just read my post here:
https://www.myfxbook.com/community/trading-systems/gps-forex-robot-fxchoice/321414,1#postRow185113
So many scammers here on the MyFxBook. They don't know how to use it or they just fake persons who want to promote their software. I don't know but I have very good trading results with GPS.

FXtrader2010 posted:
Just try it! you will see your account go bye bye
I have a friend in the internet who with GPS Robot since 2010 year and he started of course with demo account and after that he used huge amount of real money accounts and made a lot of withdrawals but this demo account still alive! 5 years of real trading results! If I ask him and will provide you investor access will you say 'I'm sorry' about your claim?


OK in that case, you will have my full apology and support if can see a real account history from this EA. A demo account, not so much.
rob559
Oct 16 2015 at 17:37
1916 Posts
rafael how come that you have only 11 posts in 4 years?
Rafael (Rafael)
Oct 19 2015 at 06:44
55 Posts
FXtrader2010 posted:
OK in that case, you will have my full apology and support if can see a real account history from this EA. A demo account, not so much.
I asked him about it, I hope he will agree. By the way GPS Robot shows the same results on real money account, you even can check it by yourself and you will see that trades will be absolutely the same if you of course will not use lotsize value 100 or more because in this case broker will need some time to open such huge position and during this time price can change.

rob559 posted:
rafael how come that you have only 11 posts in 4 years?
I'm not post messages on Myfxbook at all as you can see. I here because I just got email notification that in thread on which I subsсribed were new posts and I just sometimes read such posts here and that's all. But in this thread I posted a message because I read post from ddr555 who said a lie and I decided to answer him, after that I see all messages in notifications in this thread as well.
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
Rafael (Rafael)
Oct 19 2015 at 07:34
55 Posts
FXtrader2010 posted:
OK in that case, you will have my full apology and support
He answered about his 5 years account:
In the next 12 hours investor password will be:
qwerty1 (Investor Password)
2088261864
IamFX-Demo


Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
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