GPS Robot FxChoice 1mio Tr (By ForexMark)
The user has made his system private.
GPS Robot FxChoice 1mio Tr Discussion
Member Since Feb 22, 2011
4862 posts
Sep 30, 2020 at 07:05
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade
04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%
04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?
How can someone invest 1 mil USD to system which losses 13% on single trade
04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%
04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?
Member Since Jul 20, 2019
373 posts
Sep 30, 2020 at 09:40
togr posted:
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade
04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%
04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?
They've been lucky for 5 years now. Maybe they think they could do this for another 5 years. 😕
patience is the key
Member Since Feb 22, 2011
4862 posts
Sep 30, 2020 at 10:38
marco_mmbiz posted:togr posted:
I do not get it.
How can someone invest 1 mil USD to system which losses 13% on single trade
04.09.2015 01:00 04.09.2015 17:32 EURUSD Buy 145.97 - - 1.07831 1.06896 -93.5 -136481.95 16h 32m -13.01%
04.09.2015 17:32 04.09.2015 17:55 EURUSD Sell 1000.00 - - 1.06896 1.06769 12.7 127000.00 22m 13.91%
And then submit 7 times bigger position which risk actually the whole account. What if that bigger position goes to hell?
They've been lucky for 5 years now. Maybe they think they could do this for another 5 years. 😕
Yeah they had tripled the account, but who knows the risk taken. As the DD shows 7% while it was at least that 13% - as the losing trade
Apr 19, 2021 at 08:35
pabblo posted:Why you not posted your message in all threads? :)
Track record not verified. Done with real stats? 🙃
Accounts now completely verified. It was connected with new Myfxbook.ex4 EA version from MyFxBook. Nice MyFxBook support provided us information about it and we changed it in our MT4 terminals and now accounts were verified.
Thank you and have a nice weekend,
Mark
GPS Robot
Member Since Nov 11, 2020
2 posts
Dec 11, 2021 at 15:24
What's the reason for that big DD in 28th of October?
Dec 12, 2021 at 00:25
GermanTraders posted:
What's the reason for that big DD in 28th of October?
Losses happen BUT this system another trade immediately after but on the opposite side of the original trade (sold instead of buy EURUSD) at 7X the previous lot on October 6th. Martingale systems tend to do that.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Dec 21, 2021 at 13:28
GermanTraders posted:Hello,
What's the reason for that big DD in 28th of October?
Sometimes it's possible to have loss trades but more important that GPS Robot still was able to close reverse trade in profit. It was long and difficult trade but it still earned additional income for our users. Also many of them got big profits because of swap (we got it on our accounts too).
Best regards,
Mark
GPS Robot
Mar 17, 2022 at 07:07
I don't get your strategy. I see that if you end up in a loss you open an insanely high trade after that. Sometimes you trade with 1700-1800 lots that translates into 1lot for every $1800 on your account. It is gambling, but with your balance of over $3M I am curious how do you feel when these trades are running.
Mar 17, 2022 at 12:50
lepp posted:
I don't get your strategy. I see that if you end up in a loss you open an insanely high trade after that. Sometimes you trade with 1700-1800 lots that translates into 1lot for every $1800 on your account. It is gambling, but with your balance of over $3M I am curious how do you feel when these trades are running.
It is gambling as this EA has a martingale strategy if it incurs a loss. They've been around for a long time and have been lucky using this strategy so far.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
