your right that would be a 170+ drawdown. @ .05 lots it is aproximatly $85ish if the account was 826.67 than the drawdown was something like just under 10% so I am not sure where the 40% comes from? But anyway I am glad you are following along.
Virtually you were looser for around 90$ on a 250$ deposit so 40% potential drawdown
okay I backpeddled a little bit. If the account value was $250 and you lost $85 than it would be a 34% drawdown which would be crazy. I agree but like I said I think the account balance was more like 826.67 if my math is correct so 10% is still high but a little easier to stomach.
You are perfectly right. I am so dumb sometimes, I need some hollydays
It makes your feedback on the ea in real trading even more interresting for me.
Your not dumb. Forex is a constant learning experience and sometimes the numbers make sense and some times they are confusing. Like anything else there is always different ways of looking at things and a perspective that is constantly growing and evolving. I’m glad your here. So far you have pointed out a potential massive loser that I would have missed and it helps me to see what type of stop losses we are potentially dealing with.
Today i bought the forex growth bot for 70$. they are asking for the again.
My question is is it worth to buy again or your working with the basic edition.
Forex Growth Bot Advanced Edition - $59.00
This version includes additional settings that allow you to further tweak the robot and attempt to improve performance.
Forex Growth Bot Power Source Edition - $70.00
This version includes additional settings plus some robot source code.
Advanced Support And Optimization Service - $49 Per Month
This service includes robot optimization services, advanced updates with the ability to request features, and higher class support. Higher class, meaning access via Skype, PC to PC support (we login to your PC and help) and more. This also includes new currency pairs and new settings as they become available.
I just bought the basic version. No need for the upsells right now. If she starts going flat I may buy the version I can optimize. But for now I am happy with the “factory” settings of the basic version.
guys I was pleasantly surprised when I woke up this morning. I see FGB has opened and closed some trades all in profit so far.
EU long @ 1.3246
eu long @ 1.3246 closed @ 1.3397 +151
eu long @ 1.3398 closed @ 1.3434 +36
eu short @ 1.3434 currently +91
eu short @ 1.3393 currently +50
eu short @ 1.3368 currently +25
for some reason the 1.3393 short was double the lot size??? I will have to email support and see why. maybe it was like a “double trade” for FGB for whatever reason
I purchased this bot yesterday and ran it today. Not so bad but it seems that the manual modification of one trade with a SL or TS stops the bot on the trade
my buy at 1.3397 has not been stopped at 1.3434 as yours but at 1.3413 (my manual SL).
the same for both sells trades…
Have you tried to make such manual modifications on trades ?