Forex Growth Bot

Pieaugums +2644.71%
Kritums (Drawdown) 94.46%
Pipi: 8075.5
Darījumi 2881
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:200
Tirdzniecība Automatizētā

Diskusija

Dec 20, 2010 at 23:46
247,566 Views
3,525 Replies
Biedrs kopš   66 ieraksti
Jun 13, 2012 at 14:41

   stevetrade posted:
   It's had bad runs before. It will recover.

What I am more concerned about is receiving FGB emails promoting FX Phantom which on first inspections seems to be an appalling EA that is happy to risk massive drawdowns in order to win a handful of pips just to push up the win rate - a losing strategy if ever I saw one.

Steve,
i agree Will is promoting other EA's that really have no footing and loosing credibility.
Biedrs kopš   1 ieraksti
Jun 13, 2012 at 21:17
Hi,

Do someone test the wave trailing and know how it's worked?

Rgds
yoyofx
forex_trader_30861
Biedrs kopš   14 ieraksti
Jun 14, 2012 at 14:35
hi,
ea are all rubbish. this ea is back to where balance was in January. 6 months for nothing.
I moved to better managed account in fxdme.com
no hassle updates, VPS all this crap.
Im done with EA, complete waste time.
Biedrs kopš   1424 ieraksti
Jun 14, 2012 at 14:44
Wow, I'll take a managed account that has one month of performance over FGB's 19 months of performance any day!
🙄

yoyofx
forex_trader_30861
Biedrs kopš   14 ieraksti
Jun 14, 2012 at 14:51
hi,
no i was in trading room with them for 2 months before managed account start so i know what they can do. the man account is new but system not
problem with growthbot is the return is half the risk (DD is 30% and Return 15% month)
So recovery period is tooooooo long :):)

the manage account make X3-5 of risk (30+% versus DD 10%)

so recovery factor quick.
besides I cant stay with a robot that not made any money in 6 months, its ridiculous
Biedrs kopš   272 ieraksti
Jun 14, 2012 at 15:09
Steve, I guess you meant it with sarcasm. Indeed, one month tells nothing about a strategy long-term survival. But hack they got backtests! Though you have no idea what is running on the mam account as far as backtest.
Biedrs kopš   1424 ieraksti
Jun 14, 2012 at 15:17
As was pointed out recently, the lot size was recently increased from 0.15 to 0.20 on this account. That makes the recent losses look far worse than they are. It was just bad timing. I still believe this EA will return to winning form.
yoyofx
forex_trader_30861
Biedrs kopš   14 ieraksti
Jun 14, 2012 at 15:22
the MaM is manual trading, not from the bot systems. It trades from the room they call.

I hope it works out Steve, I admire your faith and persistence in FGB.
For me, I off. I just cant suffer losing 6 months of gain in a DD.

Adios Amigos
Biedrs kopš   25 ieraksti
Jun 14, 2012 at 15:41
yoyofx,

i hope you do well with that service. However i do have to say if you are expecting returns in a straight line with no setbacks for new advances you might be heading off for a new disappointment.

Quite frankly i see a support ascending line in Growthbot. In any system with some risk (even in bonds) you have reductions before new advances. You can take advantage of bottoms for new investments or 'buy and hold' and just ride the long term curve. Anyway i would be very surprised if you dont get the same kind of effect (return back in time, zeroing profit before a new advance) with any service, manual or automatic.
yoyofx
forex_trader_30861
Biedrs kopš   14 ieraksti
Jun 15, 2012 at 10:14
hi bladerunner,
of course everything is not straight up.
FGB relies on trend continuation for profit, without this condition, it fails.
It is not robust enough to cope in a range market.
I dont like the idea of keeping it on just because its 'overdue' a winner. Market doesnt care if FGB is due a winner.
Biedrs kopš   36 ieraksti
Jun 15, 2012 at 16:35
Honestly, all of those 'manual trading' whether signals or managed accounts are one big crap or i had no luck with them. Even if they had good performance in past they crash somewhen and the losses cover profits.

I'm afraid, I wonder how will FGB work now, after the greece elections??
Biedrs kopš   45 ieraksti
Jun 15, 2012 at 20:09

   grgr posted:
   Honestly, all of those 'manual trading' whether signals or managed accounts are one big crap or i had no luck with them. Even if they had good performance in past they crash somewhen and the losses cover profits.

I'm afraid, I wonder how will FGB work now, after the greece elections??

I guess that the performance of the FGB doesn't depend on the elections in Greece.
This robot has a good performance when the quotes have a defined trend in the H1 chart but it has a very bad behavior when the quotes start a period of high volatility in the M15 chart. Furthermore, most of the trades began with gains, but due to this robot waits too much before closing his positions by waiting for a trend, those positions were finally closed with losses.
Biedrs kopš   43 ieraksti
Jun 16, 2012 at 17:32
Pourquoi faire votre mal de tête la sélection de courtiers?
Est-ce la stratégie EA ne peut pas correspondre en tout InstaForex courtier?
Biedrs kopš   202 ieraksti
Jun 16, 2012 at 17:38
?? You speak french, bad french?
About Instaforex, one of the poorest broker with his 3.0 pips spread. 1.5 with rebate, but spread still 3.0 pips..
Biedrs kopš   43 ieraksti
Jun 17, 2012 at 08:34
Bad French, of course, its google translation 😁
So, instaforex is not available for FGB.
Biedrs kopš   36 ieraksti
Jun 18, 2012 at 08:02
Omfg, losses after losses. Is it going to start win trades already ???
Biedrs kopš   38 ieraksti
Jun 19, 2012 at 04:11
I have a loss trade on 18th June, but there isn't the same trade on this displaying account.

anyone else got the same loser trade?

I am also trading with Thinkforex
Biedrs kopš   3 ieraksti
Jun 19, 2012 at 06:21

   billion_yao posted:
   I have a loss trade on 18th June, but there isn't the same trade on this displaying account.

anyone else got the same loser trade?

I am also trading with Thinkforex

Tom - yep also using ThinkForex and also got the same trade (about -20pips) and nothing on FGB myfxbook. i have had about 3 of these over the past 3 weeks.. still got FGB in demo and although the results are poor over the past month i am probably more preturbed by the inability to reconcile trades. I chose Thinkforex, run on a VPS, all my settings are default and the trades dont reconcile.... my major concern is reconciliation at this point as i understand FGB has drawdowns... i spent quite abit of time reconciling their past results but if their results can never match mine then it feels more like a lottery... I will leave it running for a while longer but need some convincing still.
    
Sweeeet
Biedrs kopš   8 ieraksti
Jun 19, 2012 at 06:56
The reason the recent trades are not listed in myfxbook is , it is not updated. The last update time of statistics can be seen from the left side, under 'stats'. Currently the last update time is shown as ' June 14, 21.45 '

Yesterday I had 2 short positions opened in mine, one of them ending -19 pips and the other -23 pips
Biedrs kopš   36 ieraksti
Jun 19, 2012 at 07:42
Cool , i got -22 and -38 ...............
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