GPS Forex Robot 3 Update: 11 January – 15 January 2021

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

GPS Forex Robot 3 Update: 7 December – 11 December 2020

GPS Forex Robot 3 Update: 14 December – 18 December 2020

GPS Forex Robot 3 Update: 21 December – 25 December 2020

GPS Forex Robot 3 Update: 28 December – 1 January 2021

GPS Forex Robot 3 Update: 4 January – 8 January 2021

Results 11 January – 15 January 2021

Results (11 January to 15 January 2021):

11 January 2021: USD 0. All trades carry over to next day.

12 January 2021: USD 77.66

13 January 2021: USD 53.77

14 January 2021: USD 39.08

15 January 2021: -USD 435.93

Total Profits: -USD 265.42

There were no trades closed on Monday. On Thursday, EU hit a stop loss and the recovery trade was successful, as usual, in recovering the loss in less than 30 minutes! On Friday, GU hit a stop loss and the recovery trade is currently open. We shall see how it performs next week when market reopens!

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

GPS Forex Robot 3 Update: 4 January – 8 January 2021

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

GPS Forex Robot 3 Update: 7 December – 11 December 2020

GPS Forex Robot 3 Update: 14 December – 18 December 2020

GPS Forex Robot 3 Update: 21 December – 25 December 2020

GPS Forex Robot 3 Update: 28 December – 1 January 2021

Results 4 January – 8 January 2021

Results (4 January to 8 January 2021):

4 January 2021: USD 68.65

5 January 2021: USD 46.30

6 January 2021: USD 151.82

7 January 2021: USD 48.32

8 January 2021: USD 81.97

Total Profits: USD 315.09

A very good start to 2021 with the GPS Forex Robot EA. It survived some massive market movements in the past few months and I am hoping that it will continue doing so this year. Past results do not represent or predict future performance, remember guys, this is the Forex Market. Your money, your investment, your decision.

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

Update 4 January 2021: Bitcoin crossed 30k, but MTI is a SCAM

One of the worst events/news for a lot of investors is how MTI started becoming very shady and questionable after my previous update. I do not want to dwell too much on it as we are all saddened by this news (just google ‘MTI scam’, everything is there). Personally for me, I managed to withdraw my initial deposit so that everything became risk free, but it still pains to see my ‘profits’ and BTC share just disappear into thin air. I delayed posting about this as I was hanging on to a small sliver of hope, but soon I realized I need to face reality and accept it.

Lesson learnt: I will probably never engage in any such mining scheme/company anymore. Some clear red flags which I ignored about MTI were:

  1. FSCA raided MTI and issued warning. Always heed legal official advice of that country.
  2. FXChoice (the supposed broker of MTI) made an official statement about how MTI did not actually trade with them in large amounts as claimed.
  3. MTI then changed to using a non-existent broker called Trade 300 (which is owned by the CEO of MTI himself). The website didn’t even exist and this piece of important was made known to the members very late into the whole drama.

The CEO is currently missing and supposedly a manhunt is on for him. No matter the outcome, I am very certain, none of the investors are getting their bitcoin back.

On a brighter note, as mentioned in my previous post (it was just at 20k the last post, currently at 34k), BTC is going to the sky. I hope that some of you took my advice to keep some BTC in the wallet as that would already mean you are making a lot of gains already!

It’s a new year, we keep our heads up and look forward to better days ahead.

Cheers.

GPS Forex Robot 3 Update: 28 December – 1 January 2021

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

GPS Forex Robot 3 Update: 7 December – 11 December 2020

GPS Forex Robot 3 Update: 14 December – 18 December 2020

GPS Forex Robot 3 Update: 21 December – 25 December 2020

Results 28 December – 1 January 2021

Results (28 December to 1 January 2021):

28 December 2020: USD 19.72

29 December 2020: USD 96.48

30 December 2020: USD 358.87

31 December 2020: USD 109.10

1 January 2021: Markets are closed for New Year. I wish you a very Happy New Year (:

Total Profits: USD 584.17

Starting Balance (16 November 2020): USD 20000

Current Balance (31 December 2020): USD 24641.72

Profits for 1.5 months: USD 4641.72

Percentage Increase: 23.2%

It’s been a crazy year, definitely not a simple nor easy one for most. It is what it is, we look forward and move on with life. I’m thankful GPS is still profitable despite the crazy market conditions these past few months.

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

GPS Forex Robot 3 Update: 21 December – 25 December 2020

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

GPS Forex Robot 3 Update: 7 December – 11 December 2020

GPS Forex Robot 3 Update: 14 December – 18 December 2020

Results 21 December – 25 December 2020

Results (21 December to 25 December 2020):

21 December 2020: USD 1677.15

22 December 2020: USD 23.34

23 December 2020: USD 161.35

24 December 2020: USD 61.21

25 December 2020: Markets are closed for Christmas. I wish you a merry Christmas and happy holidays (:

Total Profits: USD 1923.05 (Insane!!! Do not expect such results all the time though, this is the Forex market, remember that)

Early update this week because there were some really BIG movements in the market today and I would like to bring across some important points. Go open the charts or ask around which accounts were blown by various EAs today. There were very steep drops in the EU and GU pairs. GPS somehow managed to survived the storm. The last trade seen on the screenshot for 21 December 2020, is the recovery trade that GPS has opened since last Friday when it hit a stop loss. When the market opened, there was a big market gap. Market gaps are very common and usual, but one this big is pretty uncommon based on my experience. That is why the GU recovery trade made so much profit when the market opened. The other pairs also hit the stop loss but were all recovered by the recovery trades, except for one EU pair. The overall profit could have been much higher if the recovery trade for that trade was also opened. It failed to open possibly due to a very short down time of the VPS. I doubt it had anything to do with the margin or error of the GPS EA itself as the margin levels are fine (with my safe settings) and GPS did open other recovery trades just fine. Here I would like to highlight two important facts:

  1. Forex market can and will have crazy movements such as today. It may happen once a month, one a week, thrice a day, nobody knows. Forex is not for everyone; it is definitely not for the faint hearted. Imagine someone who could not take seeing these losses and stopped the EA. None of his trades would have been recovered by GPS. This is the reality of this market, banks are always looking to hunt for stop losses and clear liquidity.
  2. Technical errors do happen, not just for GPS EA, but for any EA. Sometimes at the most crucial time when you need it to not fail, it will fail. Murphy’s laws do apply in the forex market, more than other areas I believe. We have to accept this fact. VPS servers guarantee 99.99% of uptime, but that 0.01% happened today and the recovery trade was not made. Thankfully we made a big profit from the GU pair so it was overall a very profitable day.

Also, I would like to remind my dear readers that I am not the owner of this EA or company. I am merely a user, just like you. Even if you contact the owner/developer and demand an explanation on why you lost on certain trades, nobody can help you. This is down to your personal investment and choices that lead you to where you are now, there is simply no point starting to blame everything else around you. I simply share my results here and then my settings to those who purchased the EA from my link. Even if you have literally the same settings as me, our results may vary due to other variables (VPS, broker, account type etc). If you are unable to accept this reality, then Forex is really not for you. Thanks for your understanding.

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

GPS Forex Robot 3 Update: 14 December – 18 December 2020

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

GPS Forex Robot 3 Update: 7 December – 11 December 2020

Results 14 December – 18 December 2020

Nothing very interesting for this week, trades went well, with some lasting a couple of days. On Friday, the GBPUSD pair hit a stoploss and a recovery trade was opened. Most would have a panic attack seeing this big loss, but it is the nature of this game and market. We have to remain calm, take emotions out and let the bot do it’s thing. Let’s see how it turns out next week.

Results (7 December to 11 December 2020):

14 December 2020: USD 106.20

15 December 2020: USD 145.62

16 December 2020: USD 187.61

17 December 2020: USD 90.95

18 December 2020: USD -407.63

Total Profits: USD 122.75 (still profitable despite the GU stoploss, which should be easily recovered by GPS, we shall see)

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

Update 30 November to 11 December : Bitcoin Almost at 20K

What’s up Painless Traders, if you have not read my first post about Mirror Trading International, please do so at the following link Review: Is Mirror Trading International a scam?

You can read previous updates here:

Update 6 July to 10 July 2020: Slow and Steady Gains

Update 13 July to 17 July 2020: More Investment, More Returns

Update 20 July to 24 July 2020: Bitcoin Value Rising

Update 27 July to 31 July 2020: Bitcoin Testing $12000 Resistance

Update 3 August to 7 August 2020: Bitcoin Continues Testing $12000, Looking to Break

Update 10 August to 14 August 2020: Bitcoin breaks $12000

Update 17 August to 21 August 2020: MTI in the spotlight

Update 24 August to 28 August 2020: MTI is still around

Update 31 August to 16 October: MTI is still going strong

Update 19 October to 13 November : Bitcoin is going to the sky

Update 16 November to 27 November : Bitcoin Crosses 19K

On 30 November, Bitcoin reached an all time high (in 2020) of USD 19684. It has then seen another little pullback to the 18000 and is now gradually picking up again at 19152. Currently it is looking prime to be shooting beyond 20k, either this week or next.

Update (30 November to 11 December 2020):

Opening Balance: 0.19490070 BTC (USD 3529.13)

Closing Balance: 0.20068982 BTC (USD 3633.95)

Total Profits: 0.00578912 BTC  (USD 104.82)

Profit Percentage: 2.97%

BTC Value: USD 18107.32 as of 11 December 2020

(Note: Value of BTC in USD will be taken from the daily trading statement for consistency in comparison)

Summary of profits since first investment*

Week 1 (22 June to 26 June): 0.00025027 BTC

Week 2 (29 June to 3 July): 0.00025195 BTC

Week 3 (6 July to 10 July): 0.00266611 BTC

Week 4 (13 July to 17 July 2020): 0.00278018 BTC

Week 5 (20 July to 24 July 2020): 0.00294726 BTC

Week 6 (27 July to 31 July 2020): 0.00317599 BTC

Week 7 (3 August to 7 August 2020): 0.0024276 BTC

Week 8 (10 August to 14 August 2020): 0.00223549 BTC

Week 9 (17 August to 21 August 2020): 0.00335108 BTC

Week 10 (24 August to 28 August 2020): 0.00300741 BTC

Week 11 (31 August to 4 September 2020): 0.00228999 BTC

Week 12 (7 September to 11 September 2020): 0.00267442 BTC

Week 13 (14 September to 18 September 2020): 0.00243888 BTC

Week 14 (21 September to 25 September 2020): 0.00295741 BTC

Week 15 (28 September to 2 October 2020): 0.00329283 BTC

Week 16 (5 October to 9 October 2020): 0.00203947 BTC

Week 17 (12 October to 16 October 2020): 0.00350286 BTC

Week 18 (19 October 2020 to 23 October 2020): 0.00374129 BTC

Week 19 (26 October 2020 to 30 October 2020): 0.00292973 BTC

Week 20 (2 November to 6 November 2020): 0.00366762 BTC

Week 21 (9 November to 13 November 2020): 0.00240101 BTC

Week 22 (16 November to 20 November 2020): 0.00448768 BTC

Week 23 (23 November to 27 November 2020): 0.00263606 BTC

Week 24 (30 November to 4 December 2020): 0.00287437 BTC

Week 25 (7 December to 11 December 2020): 0.00291475 BTC

Grand Total: 0.06779751 BTC (USD 1227.63) from MTI Trading, completely passive.

*Based on Friday’s report BTC value of USD 18107.32.

It is not too late to join, click on the image below. I will see you on the other side.

GPS Forex Robot 3 Update: 7 December – 11 December 2020

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

GPS Forex Robot 3 Update: 30 November – 4 December 2020

Results 7 December – 11 December 2020

There were some crazy movements in both EUR and GBP currency, as we would and should expect in this volatile forex market. Not every day the sun will shine; it can get pretty gloomy too. The EURGBP pair hit a stop loss due to a strong trend in the opposite direction but GPS recovered the trade (with additional profit) almost immediately with no issues.

Results (7 December to 11 December 2020):

7 December 2020: USD 92.60

8 December 2020: USD 25.05

9 December 2020: USD 209.45

10 December 2020: USD 122.24

11 December 2020: USD 69.07

Total Profits: USD 518.41

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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:

Update 30 November – 4 December 2020: EURUSD Big Rally

Hey there Painless Traders, if you have not read my first post about the Forex Flex EA, please do so at the following link Review: Is Forex Flex EA a scam?

You can read previous update here:

Update 31 July 2020: Forex Flex

Update 11 August 2020: Same Bot, New Strategy

Update 29 November 2020: A Working Strategy Finally?

In my last post, I wrote about how decent the default setting was looking to be but unfortunately it did not survive the big rally from EURUSD on Wednesday.

Results (30 November – 2 December 2020):

Forget about the profits made on Monday and Tuesday, on Wednesday the EA failed to cope with the big long rally of the EURUSD. This setting is therefore unsafe and unprofitable in the long run because there are many rallies such as this (albeit not as big) and if the setting cannot cope with this, then it is definitely unsafe for usage. On the only positive note, at least it had a stop loss (hidden) and not blow the entire account like some EAs would.

I will continue to look out for other strategies…or even tweak my own with the many flexible settings available (hence the name I suppose). Those with this EA and have a profitable strategy, do share if you don’t mind!

Till then, cheers!

GPS Forex Robot 3 Update: 30 November – 4 December 2020

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:

GPS Forex Robot 3 Update: 2 August 2020

GPS Forex Robot 3 Update: A Closer Look

GPS Forex Robot 3 Update: 16 November – 20 November 2020

GPS Forex Robot 3 Update: 23 – 27 November 2020

Results 30 November – 4 December 2020

On Wednesday, EURUSD had one of the biggest long rally in the past few months. Many EAs did not survive (Forex Flex EA with default setting did not, update coming soon), but GPS did just fine.

Results (30 November to 4 December 2020):

30 November 2020: USD 91.44

1 November 2020: USD 200.60

2 November 2020: USD 25.22

3 November 2020: USD 109.73

4 November 2020: USD 154.73

Total Profits: USD 581.72

Those who have purchased the GPS Forex Robot EA through my link, please drop me an email at painlesstrades@gmail.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: