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Forex Growth Bot
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May 24, 2013 at 13:14
That's a common view and the only answer really is that money in your bank now is far better than money that you might win in the future - if the robot performs well, if the broker stays in business, doesn't cheat on your account and decides to honour your withdrawal request.It's a pure business decision that any savvy business man would take.Best regards Steve
Max Billion Clubs, jatindra M - Agung T
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May 15, 2013 at 14:46
What if I wanted to trade with another broker?What if I wanted to open an account myself at Exness, fund the account myself and send you the account number and password?Would this be acceptable?Best regards Steve
Forex Growth Bot
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May 08, 2013 at 14:10
Just ensure you don't turn it back on after you see a winning streak, as that's the fastest way to lose money ;)Best regards Steve
JALB Strategies 1 & 2
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May 08, 2013 at 09:26
I've discontinued this test for the time being. There seems to be something wrong with the latest version of the EA that doesn't show up in backtesting but which is preventing trades from being executed correctly live. Maybe it's the broker. When I have time to revisit I will do.Best regards Steve
Forex Growth Bot
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May 07, 2013 at 12:43
Not sure what this means, please elaborate.
Forex Growth Bot
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May 07, 2013 at 10:07
1) We're on the 7th of May. Unless something changed and nobody told me, May has 31 days.2) In backtests, FGB has three consecutive losing months on seven occasions.1999 * 2 2000 * 22001 * 12002 * 12007 * 1And on several occasions loses for 2 months in a row ( which is what it currently has done ).If you want to save your money, three words. Research, research, research.Best regards Steve
Forex Growth Bot
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May 03, 2013 at 15:37
Yes I believe there was a high level meeting this week between all the chief exec's of the major banks to discuss how to handle FGB. 😇It's just been a bad period of whipsawing markets, nothing to do with FGB at all in my opinion.While it has violated it's equity curve now there's no reason to believe that a good series of trends isn't around the corner. Although it is once again ( as it has been before with FGB ) squeaky bum time. It just shows that a diversified trading portfolio makes good sense.Best regards Steve
Can you consistently make a profit of USD2000 on a USD5000 account?
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Apr 29, 2013 at 12:22
Why do you need to make 40% return anyway? A 10% monthly return compounded will double your capital over about nine months. If you can afford to leave your capital in, starting with $5000 in five years you would have over a million in your account. There is far too much short term thinking in forex, which is what generally leads to people taking unnecessary risks. I would focus on getting a winning strategy that looks good over several years and just keep on top of it. My guess is that you are asking because you want to know if you can earn a living from your savings?I would say not, in my exp...
Max Billion Clubs, jatindra M - Agung T
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Apr 29, 2013 at 12:16
Here's a question and I'm sure there is a perfectly good explanation for it. Why does your chart show a massive downward spike around March 7th when it didn't previously?Best regards Steve
Vergil_Goldtrader
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Apr 27, 2013 at 10:37
Why don't you ever trade real money?Seriously, everyone knows that order fulfillment on demo accounts is not realistic. In this day and age the only serious way to market an EA is to trade real money, on a real account at a reputable broker.Best regards Steve
Forex Growth Bot
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Apr 27, 2013 at 10:29
I would say 2 1/2 years is fairly long term in forex trading. So you can see it here and it is keeping to a fairly straight trajectory, one of the things that makes this EA so attractive.Best regards Steve
Forex Growth Bot
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Apr 25, 2013 at 15:07
Yes, it's still within it's long term equity curve though. Best regards Steve
Max Billion Clubs, jatindra M - Agung T
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Apr 18, 2013 at 13:49
Oh that's too rich for my blood. For a system that looks as though it might fall prey to a black swan event one day $5000 is too big a gamble.Best regards Steve
Max Billion Clubs, jatindra M - Agung T
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Apr 17, 2013 at 10:43
What's the deal with this EA anyway? At first you were managing accounts and then you stopped that. Then you were selling the EA, then you stopped that. Is this currently being offered in any commercial format?Best regards Steve
Forex Growth Bot
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Apr 10, 2013 at 09:26
Yep, most consistent long term performer out there in my opinion.Best regards Steve
Forex Growth Bot
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Mar 21, 2013 at 14:51
Combination of initially trading with larger risk and a highly volatile market.Best regards Steve
http://vk.com/f4you
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Mar 21, 2013 at 11:58
As it wasn't possible to make 8028936.5 pips on the EurUsd on 20th March I'm going to assume this is a successful hack of MyFxBook.Best regards Steve
Vergilfx.com
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Mar 18, 2013 at 09:22
I can tell you about it, it's a tick scalper or similar is my guess and while it appears amazing in back test or a demo account in the real world it will probably make a loss.
Forex Growth Bot
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Mar 12, 2013 at 10:12
Hi, yes sure it can go countertrend. I'm working off the principal that the backtest and live trading results for this EA include all news results and the EA is profitable. You could, as you say, analyse the data against news release date/times and see if excluding the news releases would make the EA more profitable. I think just cutting the news trades out without analysing the result would be unwise as you might be removing some of the most profitable trades.I'd be interested to hear how you get on. I did consider doing it myself but it's will take a fair amount of messing around...
Forex Growth Bot
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Mar 11, 2013 at 15:13
I don't, it's a trend following system. Some news events will go with the trend and some against. It also makes most of it's profit in sudden bursts of activity. Miss one of the runs and you are in a world of hurt.Best regards Steve
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