Forex Growth Bot Diskussion

While we watch this account sink further down, I recommend the soundtrack of Das Boot:

DAS BOOT Soundtrack Medley (Score von Klaus Doldinger):

Down 24% so far this month...the nightmare continues...

😂

Anyone with half a brain will know how to trade this ranging market. Sell at the top and buy at the bottom. And this bot is doing the opposit! How cool it is to watch!

MT4i has a free trade copier that will allow you to reverse a trade signal. Load one chart with FGB. Load another one with the MT4i trade replicator. This may not work. Reversing trades are usually losers too. It may be worth trying for those that bought.

I admit that I have whacked, slashed, and insulted the developers that take the money and run, that dont provide the promised support, and that have sold a pig in a poke that never ran as advertised. While it's one thing to warn people that have not yet purchased. It is entirely another to find joy in mocking this developer. I'm sure they are crushed enough without the vitriol presented here. They have done nothing to deserve this hatred and spite. It worked. Now it doesn't. At least they have had the balls to leave it up and leave it run.

What goes around comes around.

Michigander posted:
It is entirely another to find joy in mocking this developer. I'm sure they are crushed enough without the vitriol presented here. They have done nothing to deserve this hatred and spite.

You think that this robot was not a deliberate scam?

what tf use this robot?

jcl365 posted:

Michigander posted:
It is entirely another to find joy in mocking this developer. I'm sure they are crushed enough without the vitriol presented here. They have done nothing to deserve this hatred and spite.

You think that this robot was not a deliberate scam?

By doing even a modest search on the web, in forex peace army, Donna Forex, myfxbook, etc. you can generally get a sense of who the scammers are and who the real deals are. I think FGB was the real deal. It is too bad it lost its mojo.

Michigander posted:
By doing even a modest search on the web, in forex peace army, Donna Forex, myfxbook, etc. you can generally get a sense of who the scammers are and who the real deals are. I think FGB was the real deal. It is too bad it lost its mojo.

You really think that scammers post on the web that they are scammers, and tell that to the forex peace army? :)

It is very easy to determine if a robot is scam or not. You can check if real trading results of the robot are similar to historic results, or differ greatly. And you can check if the robot vendor is a real existing person or company, or just an anonymous web address. Well, the rest is up to your reason.

jcl365 posted:

Michigander posted:
By doing even a modest search on the web, in forex peace army, Donna Forex, myfxbook, etc. you can generally get a sense of who the scammers are and who the real deals are. I think FGB was the real deal. It is too bad it lost its mojo.

You really think that scammers post on the web that they are scammers, and tell that to the forex peace army?

No, but other users will. Jeez.

Michigander posted:
No, but other users will. Jeez.

Ken. If I wanted to sell a scam robot, I would most likelly not tell the web, the peace army, or other users that I am a scammer. So how would you be able to find out on the web that my robot is scam?

jcl365 posted:

Michigander posted:
No, but other users will. Jeez.

Ken. If I wanted to sell a scam robot, I would most likely not tell the web, the peace army, or other users that I am a scammer. So how would you be able to find out on the web that my robot is scam?

I'm trying to understand who is being thick headed here. In time, people talk about their results. They talk on FPA, on Donna, and other review sites. People mention when bots don't work, or under perform, when they've they've been screwed, when they've been abused, and not supported. You don't expect a pedophile to tell you he's a pedophile do you?? If you want assurances from day 1 sale of the sale of a new bot, it ain't gonna happen. But in time, the word gets out. Go look at the discussions on Forex Steam, on SiruisProSystems, on OnionFX. The developers will never tell you they were a scam, but the users sure did. That's why we wait 6 months after release to even consider an EA.

Your turn, if you must...

Michigander posted:

jcl365 posted:

Michigander posted:
No, but other users will. Jeez.

Ken. If I wanted to sell a scam robot, I would most likely not tell the web, the peace army, or other users that I am a scammer. So how would you be able to find out on the web that my robot is scam?

I'm trying to understand who is being thick headed here. In time, people talk about their results. They talk on FPA, on Donna, and other review sites. People mention when bots don't work, or under perform, when they've they've been screwed, when they've been abused, and not supported. You don't expect a pedophile to tell you he's a pedophile do you?? If you want assurances from day 1 sale of the sale of a new bot, it ain't gonna happen. But in time, the word gets out. Go look at the discussions on Forex Steam, on SiruisProSystems, on OnionFX. The developers will never tell you they were a scam, but the users sure did. That's why we wait 6 months after release to even consider an EA.

Your turn, if you must...

I don't know if this EA would fall under scam. It is more an unsupported EA. The developer for years has rested on his laurels and pocketed the money. He couldn't even be bothered to fix the issue where if the program is closed, it loses track of open trades. People have tended to overlook the problems as it was making money, saying it's crap, but I'm making money, so I can live with it. Now that it has 70% drawdown, they are not so tolerant. The markets continually change and EAs must change as well. You cannot create an EA and then just collect money without improving it as you go. The EAs need to change as the market changes. This is something that developers (at least this one) doesn't seem to understand or if they do understand, don't care. After all, they've made their money, so there is no financial incentive to continue. Instead, they come out with 'Forex Invest Bot', another piece of crap. They also stop their chart updating on MyFXBook during large drawdown periods so you cannot really see how bad the performance really is. You take all the little issues and combine them and I can see why some people call this a scam.

*sigh*

Dear people: I am recovering the losses ,very slowly, letting the robot working as usual but instead of waiting the bot to close the trades, I close them manually. By this way , I am not getting big profits but at least all the trades , I close them in positive. For instance, yesterday I could get 245 pips in the 9 trades that has opened the bot.

Aplmustdie posted:

Michigander posted:

jcl365 posted:

Michigander posted:
No, but other users will. Jeez.

Ken. If I wanted to sell a scam robot, I would most likely not tell the web, the peace army, or other users that I am a scammer. So how would you be able to find out on the web that my robot is scam?

I'm trying to understand who is being thick headed here. In time, people talk about their results. They talk on FPA, on Donna, and other review sites. People mention when bots don't work, or under perform, when they've they've been screwed, when they've been abused, and not supported. You don't expect a pedophile to tell you he's a pedophile do you?? If you want assurances from day 1 sale of the sale of a new bot, it ain't gonna happen. But in time, the word gets out. Go look at the discussions on Forex Steam, on SiruisProSystems, on OnionFX. The developers will never tell you they were a scam, but the users sure did. That's why we wait 6 months after release to even consider an EA.

Your turn, if you must...

I don't know if this EA would fall under scam. It is more an unsupported EA. The developer for years has rested on his laurels and pocketed the money. He couldn't even be bothered to fix the issue where if the program is closed, it loses track of open trades. People have tended to overlook the problems as it was making money, saying it's crap, but I'm making money, so I can live with it. Now that it has 70% drawdown, they are not so tolerant. The markets continually change and EAs must change as well. You cannot create an EA and then just collect money without improving it as you go. The EAs need to change as the market changes. This is something that developers (at least this one) doesn't seem to understand or if they do understand, don't care. After all, they've made their money, so there is no financial incentive to continue. Instead, they come out with 'Forex Invest Bot', another piece of crap. They also stop their chart updating on MyFXBook during large drawdown periods so you cannot really see how bad the performance really is. You take all the little issues and combine them and I can see why some people call this a scam.

Sad, but correct!
Really sad.

WTF

Never rely on a single robot diversify or learn how to trade :)

It is free fall now.