Forex Growth Bot

Gain : +2644.71%
Drawdown 94.46%
Pips: 8075.5
Transactions 2881
Gagné:
Perdu:
Type: Réel
Levier: 1:200
Trading: Automatisé

Discussion Forex Growth Bot

Dec 20, 2010 at 23:46
Vues 248,074
3,525 Replies
Membre depuis Jul 05, 2011   posts 305
Jun 21, 2013 at 18:25
Finally updating . . . looks like 2 years of profits down the drain
Membre depuis Jul 26, 2010   posts 88
Jun 22, 2013 at 03:50
What do u mean?
Membre depuis Jul 05, 2011   posts 305
Jun 22, 2013 at 04:01
Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago
Membre depuis Jul 26, 2010   posts 88
Jun 22, 2013 at 06:51
This is a confirmation that no EA can resist at the end, right?
Membre depuis May 14, 2013   posts 10
Jun 22, 2013 at 08:33
You can read here a tutorial how scam bots work and how they are programmed:

https://lazy-eight.com/tutorial_scam.htm
Membre depuis Feb 28, 2012   posts 29
Jun 25, 2013 at 08:33
Aplmustdie posted:
Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago

And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago
Membre depuis Jul 05, 2011   posts 305
Jun 25, 2013 at 08:45
li21 posted:
Aplmustdie posted:
Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago

And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago

In what world are you living in where a 68.94% drawdown acceptable? Yes, I am saying it doesn't work. I'm saying any system that has the ability to lose almost 70% of your account is no longer viable in today's market.
Membre depuis Jul 26, 2010   posts 88
Jun 25, 2013 at 10:46
Right
Membre depuis May 14, 2013   posts 10
Jun 25, 2013 at 11:49
li21 posted:
And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago
You still don't understand what's going on, do you? This robot started real trading 8 months ago, not 2 years ago.
Membre depuis Mar 01, 2013   posts 25
Jun 25, 2013 at 14:24
How can you say that? It's been on myfxbook more than last 8 months.
Membre depuis Mar 20, 2010   posts 54
Jun 25, 2013 at 15:27
I'm glad the stats are connected again, and we can finally see that it has gone through a 68% DD. My god, that is an wicked DD to suffer.

I'm so glad I left this robot when the $equity dropped below $7000. Now at $3400, it has a long way to climb back up before it can prove to me that it can climb out of hell.


Membre depuis May 14, 2013   posts 10
Jun 25, 2013 at 19:26
anglican007 posted:
How can you say that? It's been on myfxbook more than last 8 months.
How do you think the robot vendors produce all their straight upwards equity curves?

Only the equity curve since November 2012 is real. The curve from the years before is most likely produced with an easy trick that's used by all vendors who want to sell a robot with a 'real trading history'.
Membre depuis Jul 26, 2010   posts 88
Jun 25, 2013 at 19:47
I want to confirm that no robot can resist at the end!
Membre depuis Aug 01, 2010   posts 104
Jun 26, 2013 at 06:46
I believe the problem is not with the EA.
The problem is all about the 'Algo Wars'.
This War is killing almost every good EA.
I came across this info when I was making a research in the book 'Dark Pools'.
The developers should try to update the EA to survive the new market (Algo Wars).
My own systems had to be adapted to this.
A ECN broker will reduce the problem, but will solve only part of the problem.
I don´t know if someone have the answers so far.
But we have to update ourselves too from time to time.
Have a nice trade.

Tradingboy

Membre depuis Apr 25, 2011   posts 1
Jun 27, 2013 at 08:50
После такой просадки самое время им торговать
Membre depuis May 08, 2012   posts 321
Jun 27, 2013 at 11:50
leksor11 posted:
После такой просадки самое время им торговать

means...After such a drawdown is the time to sell them.

30 seconds on google translate will get you a larger audience for your comments. :-)

30 секунд на Google Translate поможет вам более широкой аудитории за ваши комментарии
Membre depuis Jul 27, 2010   posts 27
Jul 01, 2013 at 06:01
It's time to change something about this EA,I think there should be some good way to improve FGB, this guy who managed my Account,did very well in strong trend,https://www.myfxbook.com/members/trade4hapi/spytrader/320952 I think his system is trend follow but more trades ,with more trades there is more opptunities and less risk,maybe we can use FGB in other timeframe,5M,maybe 3M
Membre depuis Jun 01, 2012   posts 3
Jul 01, 2013 at 21:12
It's all about trade management. It takes a huge work to make good entries profitable. The big challenge is to avoid big losses and to recognize that the signal was not good and accept a loss.
Membre depuis Jan 26, 2013   posts 73
Jul 10, 2013 at 16:07
I used to be such a big fan of this EA....the returns are at nightmare proportions now..
Membre depuis Jan 21, 2013   posts 7
Jul 10, 2013 at 16:36
cgasucks posted:
I used to be such a big fan of this EA....the returns are at nightmare proportions now..

Don´t worry. Even it can be worst. Ask the turkey:



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