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GPS Robot FxChoice 100k (de ForexMark)

Gain : +562.07%
Drawdown 37.70%
Pips: 308.6
Transactions 496
Gagné:
Perdu:
Type: Réel
Levier: 1:200
Trading: Automatisé

Discussion GPS Robot FxChoice 100k

dutchdevil
Nov 26 2019 at 20:40
posts 16
Nope, they've disabled backtesting for GPS Robot. I truly wish I could backtest this EA

delanth
Nov 26 2019 at 22:05
posts 41
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.

fmlbfx2010
Nov 27 2019 at 09:21
posts 78
delanth posted:
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.

The question is as follows :
What will happened for the ea if I set the risk to 34 instead of 10?


dutchdevil
Nov 27 2019 at 17:02
posts 16
delanth posted:
Trade the EA the way they designed and tested it for. The key area you are leaving out of your analysis is that lets say you take a big hit next week, then you will take much much much much longer to get close to recovering. Why? Because after you lost a chunk of your account you will now have to trade at much lower lot sizes. This mean that your hill get steeper. Or you will have to double your original lots side with a much smaller account balance. This mean that you are facing a dead end.


Hi, yes agreed. But the way it is designed, is flawed as there is no escape plan from the reverse trade (outside of blowing the entire account). And yes this has been forward tested for a decade now, but there was a reverse trade that took 6 days to recover. Honestly at that point you have no control anymore over what will happen. They dodged a bullet there, because if it would have blown, this account would have been wiped out.

Therefore the alternative; don't enter the reverse trade, take the 90 pip loss and continue on, hoping that on average you have more wins than losses.

delanth
Nov 28 2019 at 01:40
posts 41
dutchdevil posted:
delanth posted:
They dodged a bullet there, because if it would have blown, this account would have been wiped out.


They probably would have infused more cash to save their account. so the bottom line is about leverage here.

saddn55 (saddn55)
Dec 06 2019 at 06:01
posts 2
Bradsuccess (Bradsuccess)
Dec 28 2019 at 03:42
posts 2
too good to be true

Never give up on your dreams
Vision20
Jan 11 2020 at 16:54
posts 2
Nice chart and results! But I have never yet copied from myfxbook.. How that works?
Thnx for your answer.. 😄

born2bbad
Jan 20 2020 at 07:17
posts 9

Can anyone here request a refund from GPS ROBOT? I have requested a refund from GPS support but I do not have any help. Which is very shameful when buying a reply to the mail very quickly But when wanting a refund, there is no response.
Or any1 want this robot I can sell this robot to you $149.
Thanks



Fichiers joints:


born2bbad
Jan 21 2020 at 13:15
posts 9
Has anyone got any refund from GPS ROBOT? I informed the mail to request a refund from the GPS ROBOT team but they did not mail me back. How to do?

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