Hey there Painless Traders, if you have not read my first post about the GPS Forex Robot 3, please do so at the following link Review: Is the GPS Forex Robot 3 a scam?
You can read previous updates here:
Results 22 February – 26 February 2021
Results (22 February to 26 February 2021):
22 February 2021: USD -516.91
23 February 2021: USD -8250.06
24 February 2021: USD 870.25
25 February 2021: USD -403.73
26 February 2021: USD 609.11
Total Profits: USD -7691.34
As mentioned previously, I expected the worst to come, and it certainly did. Your eyes are not deceiving you. One of the reversal trades hit a stop loss. The only failed reversal trade to date and it hit us really hard. The market was ranging so hard and long (more than 350 pips up and down), and was obviously too much for this particular reversal trade to handle. Overall, using my safe settings, we are still in profit from when we first started, but this is a big step back. On the bright side, the most important thing in the forex market, our initial capital, was well protected and we are still in profit from when we first started, big thanks to the safe settings that I have come up with. Proper risk management is KEY!
If you are wondering if I will stop using this, the answer is no. Go ask around how your buddies are doing with their EAs…Almost every grid/martingale EAs out there got their accounts totally toasted, but we are still here. I am coming up with extra measures to safeguard our profits even more, in the event that such a rare occurrence such as this happens again. We get up and fight again in March.
Apologies for the late updates, I could only draft updates as the internet access I had for the past few weeks did not allow me to do ‘insecure’ things like posting on my wordpress.
Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at email@example.com. I will share with you my settings and tips to optimize this EA. Many comments left here are filtered out automatically by wordpress as spam and I do not get to even see them.
Those who have yet to purchase it, you can do so by clicking on the image below: