This thread is to answer questions and share how to win with Forex robots. Because the truth is most people lose or end up with systems that just don’t work.
A little background first, I’ve been in this industry for about 12 years and have helped a lot of people make money over the years from automated trading.
And have helped bring to market some of the most popular systems that you’ve probably heard of.
Now - I still offer systems under one brand. But that’s not important right now.
What I created this thread for is to discuss how to win with systems - as there’s a reason people lose. How to spot garbage. Some systems are right for some, some not others. And to discuss any of my systems if they happen to come up in topic.
To start - one piece of advice. If you use a small account such as $200 and blow it. It doesn’t necessarily mean the system is bad or it has “high DD”, it’s because you are using a tiny account usually and doesn’t give you much headway.
But one intelligent way to manage this is…
Assume this is a high risk account. And as soon as you can get to a reasonable profit, pull out as much as your deposit as possible and start trading with “house” money.
There are plenty of excellent automated robots out there and plenty of garbage. You have to be careful, test, and you can make money. It’s possible. I’ve done it, and have seen many customers do it.
I’ve also seen people blow accounts - many over the years. So I’ve seen it all and happy to chat about it here!