Forex Growth Bot讨论

Finally updating . . . looks like 2 years of profits down the drain

What do u mean?

Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago

This is a confirmation that no EA can resist at the end, right?

You can read here a tutorial how scam bots work and how they are programmed:

https://lazy-eight.com/tutorial_scam.htm

Aplmustdie posted:

Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago

And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago

li21 posted:

Aplmustdie posted:

Aplmustdie posted:
Finally updating . . . looks like 2 years of profits down the drain

The chart is finally updating and the profit is down to where it was 2 years ago

And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago

In what world are you living in where a 68.94% drawdown acceptable? Yes, I am saying it doesn't work. I'm saying any system that has the ability to lose almost 70% of your account is no longer viable in today's market.

Right

li21 posted:
And we are all saying this bot doesn't work ?

2 years ago is still better than any other bot out there and most manual traders.

I would kill to be up to where FGB was 2 years ago

You still don't understand what's going on, do you? This robot started real trading 8 months ago, not 2 years ago.

How can you say that? It's been on myfxbook more than last 8 months.

I'm glad the stats are connected again, and we can finally see that it has gone through a 68% DD. My god, that is an wicked DD to suffer.

I'm so glad I left this robot when the $equity dropped below $7000. Now at $3400, it has a long way to climb back up before it can prove to me that it can climb out of hell.

anglican007 posted:
How can you say that? It's been on myfxbook more than last 8 months.

How do you think the robot vendors produce all their straight upwards equity curves?

Only the equity curve since November 2012 is real. The curve from the years before is most likely produced with an easy trick that's used by all vendors who want to sell a robot with a 'real trading history'.

I want to confirm that no robot can resist at the end!

I believe the problem is not with the EA.
The problem is all about the 'Algo Wars'.
This War is killing almost every good EA.
I came across this info when I was making a research in the book 'Dark Pools'.
The developers should try to update the EA to survive the new market (Algo Wars).
My own systems had to be adapted to this.
A ECN broker will reduce the problem, but will solve only part of the problem.
I don´t know if someone have the answers so far.
But we have to update ourselves too from time to time.
Have a nice trade.

Tradingboy

После такой просадки самое время им торговать

leksor11 posted:
После такой просадки самое время им торговать

means...After such a drawdown is the time to sell them.

30 seconds on google translate will get you a larger audience for your comments. :-)

30 секунд на Google Translate поможет вам более широкой аудитории за ваши комментарии

It's time to change something about this EA,I think there should be some good way to improve FGB, this guy who managed my Account,did very well in strong trend,https://www.myfxbook.com/members/trade4hapi/spytrader/320952 I think his system is trend follow but more trades ,with more trades there is more opptunities and less risk,maybe we can use FGB in other timeframe,5M,maybe 3M

It's all about trade management. It takes a huge work to make good entries profitable. The big challenge is to avoid big losses and to recognize that the signal was not good and accept a loss.

I used to be such a big fan of this EA....the returns are at nightmare proportions now..