Forex Gold Trader (By pimpmyea)

The user has deleted this system.

Forex Gold Trader Discussion

Feb 10, 2011 at 10:15
1,165 Views
4 Replies
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 23, 2011 at 18:09
Ouch. Completely Blown out as gold tumbles
Member Since Feb 16, 2010   1332 posts
Sep 23, 2011 at 19:36 (edited Sep 23, 2011 at 19:37)
Yeah, that scammer Faiz chose a proper moment to delete all his systems, otherwise now he would've been speechless.

One more beauty here:
https://www.myfxbook.com/members/birt/forex-gold-trader/146392
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Apr 25, 2011   262 posts
Sep 24, 2011 at 03:22 (edited Sep 24, 2011 at 03:22)
In all fairness, both guys (Andrea from PimpMyEA and Birt from EAreview) said the EA is likely not to survive a strong pullback, and people should run it only with much smaller lot sizes than recommended, if they decide to actually run it live.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Sep 24, 2011 at 07:14
Even with a 0.01 lot(smallest Lot size possible without going into a cent account) on a 20K account has proven to fail on a significant pullback.

https://www.myfxbook.com/members/ForexScam/yulianto-setiorahardjo-forexgoldtrader-scam/111810



And their recent account was a Cent account at Instaforex which actually just collapsed on the gold $1620 Dip.

The developer recommended 0.01 lot for a $1000 account.

Sure you can adjust the Grid, but then you'd be floating a huge loss anyways and Still waiting for months if ever for a recovery.

Member Since Apr 25, 2011   262 posts
Sep 24, 2011 at 15:40 (edited Sep 24, 2011 at 15:40)
Sure, it's a failing strategy for any significant drop like we had this last week. All I tried to say is that the 2 accounts shown at the beginning of this thread are from people that are not endorsing or even fans of this EA.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
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