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Posts by
tucotrader
Forex Growth Bot
in
Trading Systems
May 09, 2013 at 11:26
My wife always was skeptical about of making money in Forex. She used to say, "if Forex is so profitable activity, why there is not full of millonaire people living of that? or " if a developer make a profitable robot why selling it instead of making money using it in the market? Now I have found the response to both questions..
Forex Growth Bot
in
Trading Systems
May 07, 2013 at 14:17
This extreme volatility is making havocs in my account !!I am soon to disable this bot. for never more using it again !!!!
Forex Growth Bot
in
Trading Systems
May 06, 2013 at 18:04
I have tested this bot with historical quotes and never has had this horrible performance. What might be happening? I did a backtest of 10 years with very good results.. The logical question is ...during those 10 years never has happened the market conditions like we have this few last weeks? This market behavior is a new thing? The worse of all of this, is that this last behavior of the bot, shows to us that never we can trust in a full automatic bot, because an EA must be feeded with some data that only an experienced trader can realize by looking in the market.
Forex Growth Bot
in
Trading Systems
May 04, 2013 at 09:38
....."This might be a good time to start trading, or add funds etc to existing accounts....."Hello Sarnder. I would like focus in the last phrase of your post. It reflects the most common thinking way of the people. For example, in the roulette when the people notice that one number is not appear during a long time, begin to bet it, because thinks that is more probable that will soon appears. This way of thinking has nothing of cientific basis. After a streak of losses, nothing determine that will come a streak of gains; moreover, the high volatility that causes this losses streak,...
Forex Growth Bot
in
Trading Systems
May 03, 2013 at 22:00
19 % of drawdown , in ONLY 3 DAYS since that may began. A disaster, really....
Forex Growth Bot
in
Trading Systems
May 03, 2013 at 21:56
This loss streak is very painful. I imagine what is suffering someone that has began using this bot in a real account on Wensday 1 May : only 2 days and 11 % of drawdown in the balance.This psicological wound, is very hard to handle, even trading with a bot that was tested widely with good performance in the long term.For this reason I consider very important that the first trades be succesful , because it is easier to bear a loss streak after a winning streak instead of a loss streak since the begining.
Forex Growth Bot
in
Trading Systems
Apr 25, 2013 at 14:59
I know that this EA is a winner in the long term, but after a winning streak, this series of losses is so awful .......
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