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GPS Robot FxChoice 100k (de Mark Larsen )

Gain : +566.97%
Drawdown 37.70%
Pips: 317.5
Transactions 500
Gagné:
Perdu:
Type: Réel
Levier: 1:200
Trading: Automatisé

Discussion GPS Robot FxChoice 100k

FXPIP ONE
apple1st
Mar 24 2019 at 07:29
posts 126
1 question bro - can you mace at less 100 USD withdrawl to confirm its normal real acc - not a fake

FXPIP ONE
apple1st
Mar 24 2019 at 07:31
posts 126
nick3232 posted:
olla posted:
I have been trading this live for just over 8 months. Support is poor with these guys. They will deny it, but I have experienced it.
The EA is fine for EURUSD only, if you are looking for 1 to 3% per month.


This Year +1.43% (-8.31%)

what is -8?

jl3onez
Mar 31 2019 at 08:14
posts 8
refer to my previous posts regarding this EA if needed...
Do not waste your time and money on this EA, this EA lost me close to 30,000 USD.
I mentioned EURUSD is stable and may be used; however i left it in effect and it eventually led to a losing trade; that is with trailing stop on for the posts above that wanted to know.
The profits are slow and small, and it is obviously not worth the reward.
I am doing everything in my power to warn everyone else so they dont end up where i am, this is the least i can do with the fact that they wont be responsible for my 30,000.

rap17
Apr 18 2019 at 06:17
posts 12
does any1 know if the owner sees this or even replies to the emails???

JerryTradeMax (Jerry8)
Apr 22 2019 at 07:07
posts 4
JerryTradeMax (Jerry8)
Apr 22 2019 at 07:10
posts 4
delanth
May 17 2019 at 02:33
posts 41
jl3onez posted:
refer to my previous posts regarding this EA if needed...
Do not waste your time and money on this EA, this EA lost me close to 30,000 USD.
I mentioned EURUSD is stable and may be used; however i left it in effect and it eventually led to a losing trade; that is with trailing stop on for the posts above that wanted to know.
The profits are slow and small, and it is obviously not worth the reward.
I am doing everything in my power to warn everyone else so they dont end up where i am, this is the least i can do with the fact that they wont be responsible for my 30,000.


What are the details? How long have you been trading forex? Did you understand enough about margin and leverage before starting this EA? Was it 30K in your account at one time or you had smaller accounts and have refunded it a few times? Did you understand that the recovery trade is 7 time the lot size of the losing trade that it is aiming to recover from?

xsuperfiendx
May 17 2019 at 06:15
posts 5
I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.


delanth
May 18 2019 at 03:46
posts 41
xsuperfiendx posted:
I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.



 '...it opens a reverse trade 7 times as large immediately after closing the initial losing trad...'
What you stated is the strategy of the EA. So what are you trying to say?
You over leveraged your account and as such, your account got blown by the recovery trade. Had you gone for 2% return pr month you would have still been in the game making $600/month without hard work.

xsuperfiendx
May 19 2019 at 05:55
posts 5
delanth posted:
xsuperfiendx posted:
I also want to repeat my previous comments. I have given this EA several tries. This ea ALWAYS loses eventually. The reverse trade takes place immediately regardless of market dynamics.

Yes this EA has a very high win percentage but instead of multiplying the next triggered trade by 7 it opens a reverse trade 7 times as large immediately after closing the initial losing trade making this EA a loser.

Run away.



 '...it opens a reverse trade 7 times as large immediately after closing the initial losing trad...'
What you stated is the strategy of the EA. So what are you trying to say?
You over leveraged your account and as such, your account got blown by the recovery trade. Had you gone for 2% return pr month you would have still been in the game making $600/month without hard work.


No, I actually tested the 'over leveraged' theory by keeping risk much lower than recommended by the creator. I was using 0.01 lots per $1,000 invested. The strategy is flawed.

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