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King Robot (โดย leapfx)
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King Robot การสนทนา
Jul 09, 2024 at 19:15
Why has this account been seeing such dismal (in comparison) returns for the past few months? Did LeapFX turn it to a less aggressive setting? If so - why? Is there something about the current market that I don't know that has become more risky with this strategy? I would feel more confident becoming a user if returns had not suddenly dropped so low for so many months.
Jul 10, 2024 at 13:48
fstmkt posted:
The results have not been impressive. I can’t recommend King at this time
This has been what my friends using it are seeing. The speed of their VPS and brokerage, any tweaked settings, could be factors in their specific cases, but when I see the live account here doing 5% and under it isn't attractive to me on top of their data. While they aren't in drawdown like 60% of my peers, they are also using a much larger account at this point. I think LeapFX does good work, although all EA's have their time to shine before they seem to become irrelevant. I will be curious to see if they have a new one come out that is as initially successful as King Robot, and perhaps give it a shot then.
Jul 10, 2024 at 15:47
Returns didn't necessarily drop, we just haven't increased the starting lot size as account has grown. So $ may be same , but % goes down as account goes up. King Robot has bursts of profit. Then slow periods, that's normal. But it will continue.
Jul 11, 2024 at 14:59
leapfx posted:
Returns didn't necessarily drop, we just haven't increased the starting lot size as account has grown. So $ may be same , but % goes down as account goes up. King Robot has bursts of profit. Then slow periods, that's normal. But it will continue.
Hi LeapFX,
Thanks for answering, I appreciate that. I have been very impressed by this bot and your progress, and from many testimonials (online and personal) mostly from last year and the beginning of this year. Your explanation makes sense and also does seem to check out at a glance when I look at the calendar of profits, etc. I'm not experienced enough to deep dive. But even on the most surface level - you never have months in drawdown and constantly see profit, which is better than almost all bots I've checked out. But I am still cautious as I'm watching friends not have the same success as you. But some of their setups I don't know much about other than aggressiveness settings, and another just recently had problems with their ECN broker doing an update and interrupting their process, causing trouble-shooting, etc, while he was previously doing very well with King Robot. I'll continue to consider this bot as I take some of my own classes on mt4 and forex trading. I want to know what I'm doing before I wade into this, as a beginner. Thanks again. I'm still interested in this bot and to see what you guys come up with next. Cheers!
เป็นสมาชิกตั้งแต่ Jul 19, 2024
2 โพสต์
Jul 19, 2024 at 19:42
What differentiates leapfx' ea from other robots available? thanks
เป็นสมาชิกตั้งแต่ Jul 22, 2024
2 โพสต์
Jul 22, 2024 at 18:33
could you pls describe the risk management strategies that your EAs emplou?
Jul 27, 2024 at 15:32
Casheus posted:fstmkt posted:
The results have not been impressive. I can’t recommend King at this time
This has been what my friends using it are seeing. The speed of their VPS and brokerage, any tweaked settings, could be factors in their specific cases, but when I see the live account here doing 5% and under it isn't attractive to me on top of their data. While they aren't in drawdown like 60% of my peers, they are also using a much larger account at this point. I think LeapFX does good work, although all EA's have their time to shine before they seem to become irrelevant. I will be curious to see if they have a new one come out that is as initially successful as King Robot, and perhaps give it a shot then.
Were they in Drawdown for GBPUSD?
Its across many accounts, GBPUSD during eelction month has been abit more volatile than normal
Jul 30, 2024 at 02:28
bse1987 posted:Casheus posted:fstmkt posted:
The results have not been impressive. I can’t recommend King at this time
This has been what my friends using it are seeing. The speed of their VPS and brokerage, any tweaked settings, could be factors in their specific cases, but when I see the live account here doing 5% and under it isn't attractive to me on top of their data. While they aren't in drawdown like 60% of my peers, they are also using a much larger account at this point. I think LeapFX does good work, although all EA's have their time to shine before they seem to become irrelevant. I will be curious to see if they have a new one come out that is as initially successful as King Robot, and perhaps give it a shot then.
Were they in Drawdown for GBPUSD?
Its across many accounts, GBPUSD during eelction month has been abit more volatile than normal
I do not know! Interesting. Do elections make the GBP less volatile and generally trade sideways? My take with this EA is that if it wobbles sideways with small ups and downs, it will keep trying to compensate by placing larger trades but as it changes direction, it keeps losing - plus, the winning trades are smaller. Probably why we see such low performance over the summer? Just an (untested and clueless) theory.
Jul 30, 2024 at 02:36
King R Broker Question: You recommend Blaze Markets with a Pro account - which means $4/trade commission. But trades appear to be quite small with this EA, from testing/reviews I see - isn't that a really high commission? Won't that eat a significant portion of profit? And if I do the spread, and it's shooting for a 10 pip spread to make sure it takes profits, I'd be giving up at least a pip on Blaze - and that even sounds better than $4/trade. Why do you recommend the Pro version, is there something I'm missing?
Some friends are using an ECN that I would have to use crypto to get to, which isn't my favorite idea, but dang they are getting commissions of 6 cents! Holy shmeckels. But I like how Blaze is easy for me to use and is in a country with a favorable tax situation with my country. But - pips spread vs commission, can you explain the recommendation a little more?
Some friends are using an ECN that I would have to use crypto to get to, which isn't my favorite idea, but dang they are getting commissions of 6 cents! Holy shmeckels. But I like how Blaze is easy for me to use and is in a country with a favorable tax situation with my country. But - pips spread vs commission, can you explain the recommendation a little more?
Jul 30, 2024 at 02:38
bse1987 posted:Casheus posted:fstmkt posted:
The results have not been impressive. I can’t recommend King at this time
This has been what my friends using it are seeing. The speed of their VPS and brokerage, any tweaked settings, could be factors in their specific cases, but when I see the live account here doing 5% and under it isn't attractive to me on top of their data. While they aren't in drawdown like 60% of my peers, they are also using a much larger account at this point. I think LeapFX does good work, although all EA's have their time to shine before they seem to become irrelevant. I will be curious to see if they have a new one come out that is as initially successful as King Robot, and perhaps give it a shot then.
Were they in Drawdown for GBPUSD?
Its across many accounts, GBPUSD during eelction month has been abit more volatile than normal
Everyone is up this last month btw! That was posted in regards to June. The July run was better for most... including LeapFX we can see here. As I learn more, I see that the summer is really bad time for Forex in general.
Jul 31, 2024 at 15:58
(แก้ไขแล้ว Jul 31, 2024 at 15:59)
fstmkt posted:
Just lost a chunk in the GBP/USD. While myfx showed the King bots with successful trades, my account took a hit.
You ok to share exactly which specific trade?
Date and time if thats ok with you
Aug 02, 2024 at 15:43
Casheus posted:
King R Broker Question: You recommend Blaze Markets with a Pro account - which means $4/trade commission. But trades appear to be quite small with this EA, from testing/reviews I see - isn't that a really high commission? Won't that eat a significant portion of profit? And if I do the spread, and it's shooting for a 10 pip spread to make sure it takes profits, I'd be giving up at least a pip on Blaze - and that even sounds better than $4/trade. Why do you recommend the Pro version, is there something I'm missing?
Some friends are using an ECN that I would have to use crypto to get to, which isn't my favorite idea, but dang they are getting commissions of 6 cents! Holy shmeckels. But I like how Blaze is easy for me to use and is in a country with a favorable tax situation with my country. But - pips spread vs commission, can you explain the recommendation a little more?
I think I answered my own question. Each fraction of a lot costs the same fraction of the quotes cost. We’re looking at .35 commissions I think it was for .03 - so that would make sense to get a tighter spread. Cheers.
