GPS Forex Robot 3 Update: 31 May – 4 June 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

GPS Forex Robot 3 Update: 26 April – 30 April 2021

GPS Forex Robot 3 Update: 3 May – 7 May 2021

GPS Forex Robot 3 Update: 10 May – 14 May 2021

GPS Forex Robot 3 Update: 17 May – 21 May 2021

GPS Forex Robot 3 Update: 24 May – 28 May 2021

Results 31 May – 4 June 2021

Results (31 May to 4 June 2021):

31 May 2021: USD 117.30

1 June 2021: USD 37.47

2 June 2021: USD 19.13

3 June 2021: No trades.

4 June 2021: No trades.

Total Profits: USD 173.90

Tips for GPS Forex Robot Users: If you see the price is near the daily high/low (depending on which pair you are trading), it is advisable to switch off the bot before the next trading day.

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: 24 May – 28 May 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

GPS Forex Robot 3 Update: 26 April – 30 April 2021

GPS Forex Robot 3 Update: 3 May – 7 May 2021

GPS Forex Robot 3 Update: 10 May – 14 May 2021

GPS Forex Robot 3 Update: 17 May – 21 May 2021

Results 24 May – 28 May 2021

Results (24 May to 28 May 2021):

24 May 2021: USD 41.91

25 May 2021: USD 62.05

26 May 2021: USD 55.34

27 May 2021: USD 37.43

28 May 2021: USD 7.79

Total Profits: USD 204.52

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: 17 May – 21 May 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

GPS Forex Robot 3 Update: 26 April – 30 April 2021

GPS Forex Robot 3 Update: 3 May – 7 May 2021

GPS Forex Robot 3 Update: 10 May – 14 May 2021

Results 17 May – 21 May 2021

Results (17 May to 21 May 2021):

17 May 2021: USD 28.55

18 May 2021: USD 58.30

19 May 2021: USD 43.98

20 May 2021: USD 38.81

21 May 2021: USD 49.06

Total Profits: USD 218.70

Made some withdrawal and we are back to a starting balance of USD20000! That’s what this is all about after all, generate some profits trading (manual or automatic) and then withdrawal of profits and eventually and hopefully the main capital and even more. No one knows when and how bad the market will crash when it wants to. Look at BTC…a drop of 40% in a matter of hours all the way down to 30k. Albeit it was due to the news that China has banned the coin, it just shows you how crazy this market can get. There’s no way we can truly prepare ourselves for this but one thing I know for sure, GPS won’t crash your account totally into a zero balance, unlike most other EAs especially the scalpers using martingale strategies.

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: 10 May – 14 May 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

GPS Forex Robot 3 Update: 26 April – 30 April 2021

GPS Forex Robot 3 Update: 3 May – 7 May 2021

Results 10 May – 14 May 2021

Results (10 May to 14 May 2021):

10 May 2021: USD 59.76

11 May 2021: USD 11.97

12 May 2021: No trades.

13 May 2021: USD 25.71

14 May 2021: USD 121.74

Total Profits: USD 219.18

Decent week once again with trades opening at 1am. I have received several requests to share my investor password/account. Due to my bad experience with Virtuotrading and also some stories shared by my friends (and some common sense), here are some very good reasons on why you should never share your investor password and why I am not sharing mine either:

  1. They could literally hack into your main account, given time and opportunity. Time? They have plenty. Opportunity? You’re literally providing your real trading account number and that’s one half of the puzzle solved!
  2. Copy trading. People could set up copy trading from your account and if you have no intention of allowing people to do that, you can’t stop them now because you provided your account details! It takes away your hard work and effort trading (be it manually or automatically using EAs). This would even cause some EAs to malfunction due to slippage and latency.
  3. They’re using your history and screenshots to scam others. This is the worse and for this reason alone I would advise everyone to never share your investor password. I am sure you do not want to be part of any scam (directly or indirectly), right?

So there you go! I am not replying anymore emails or queries regarding this. Please do not take offence as I usually would like to see the good side of people, but it is dangerous and please do not easily trust anyone, especially in this forex world. If you think you cannot trust me either, please feel free to unfollow and leave. No one is at a loss and I wish you all the best in whatever you’re doing, but please be careful.

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: 3 May – 7 May 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

GPS Forex Robot 3 Update: 26 April – 30 April 2021

Results 3 May – 7 May 2021

Results (3 May to 7 May 2021):

3 May 2021: USD 35.94

4 May 2021: USD 100.43

5 May 2021: No trades.

6 May 2021: USD 24.58

7 May 2021: USD 141.42

Total Profits: USD 302.37

For the entire week, the trades were opened at 1am. Some of my readers are getting the same trades as me while some are not. This could be due to the different broker, VPS and/or spread slippage. I am using FXChoice and specifically the GPS Trading Bot account. Friday was NFP, and EURUSD shot up a great deal in 5 minutes. Imagine being on the wrong end of that. Luckily for us, GPS closes trades early to avoid such high impact news at that timing.

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: 26 April – 30 April 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

GPS Forex Robot 3 Update: 19 April – 23 April 2021

Results 26 April – 30 April 2021

Results (26 April to 30 April 2021):

26 April 2021: USD 113.46

27 April 2021: USD 42.90

28 April 2021: USD 21.57

29 April 2021: USD 98.34

30 April 2021: No trades.

Total Profits: USD 276.27

Decent profits on a rather quiet week for GPS again. Look at the time the trades were opened. 2 trades at 1 am and 2 trades at 2am. Getting great results so far from the varying opening times so far, so no complains from me. Some of you have asked me if I made any changes to make it open trades at different time. The answer is no. I did not make any change at all, there’s actually no option to change the trade timing. It is simply the EA doing its work and analysis and deciding the best time to open the trades.

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: 19 April – 23 April 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

GPS Forex Robot 3 Update: 12 April – 16 April 2021

Results 19 April – 23 April 2021

Results (19 April to 23 April 2021):

19 April 2021: USD 3.39

20 April 2021: USD 55.23

21 April 2021: USD 11.66

22 April 2021: USD 35.27

23 April 2021: USD 62.79

Total Profits: USD 168.34

Decent profits on a rather quiet week for GPS. For other EAs (especially martingale EAs), not so. Trends are getting stronger without much retracement these few weeks. I still get emails asking why GPS trades so little unlike some other scalping EAs. Once again, GPS is not a scalping EA which opens trades mindlessly all the time. When things go south (which it will in this Forex market), GPS will not blow your entire account, while martingale EAs will blow every single bit of your account.

Are you in here for some quick bucks and then blow accounts, or are you here for long term steady and safe profits? Forex is not a place for impatient and greedy people.

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: 12 April – 16 April 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

GPS Forex Robot 3 Update: 5 April – 9 April 2021

Results 12 April – 16 April 2021

Results (12 April to 16 April 2021):

12 April 2021: USD 52.96

13 April 2021: USD 85.79

14 April 2021: USD 227.97.

15 April 2021: USD 32.49

16 April 2021: USD 91.02

Total Profits: USD 490.23

A very good trading week for GPS Forex Robot 3! It was a relatively quiet week with no major news or (too) crazy market movements. The new trading time of the bot is proving to be quite the game changer thus far! I have received a couple of emails asking how to make GPS Robot trade more so that they can get more profits. I have addressed this concern a couple of times before but I shall do it in a future post. In short, more trades do not equate to more profits. In fact, the more you trade, the more you are exposing yourself and your entire capital/account. Be wise, not greedy.

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:

Virtuo Trading EA Update: The End

Results 22 March – 26 March 2021

Results (22 March to 26 March 2021):

22 March 2021: USD 29.08

23 March 2021: USD 31.22

24 March 2021: -USD 7847.19

25 March 2021: Stopped.

26 March 2021: Stopped.

Tragic end to this account and my journey with this company. Look at the screenshots for 24 March 2021, many crazy trades with ridiculous lot sizes were opened for multiple currencies, even Gold. This could not have been the Virtuo EA malfunctioning or that sort because there is no EA comments found and the EA only trades on EU pair. These are obviously manual trades placed. My entire account had been compromised.

Prior to this when I signed up to become an affiliate for Virtuo (I did so because like mentioned in my previous post, I have been with them for a very long time and I have gained confidence in their EA), everything was alright and my account was successfully created and I could log in as an affiliate with no issues. Andy then asked me for my investor password so that he could have a look at my account statistics and put in onto myfxbook. He eventually put in onto the company’s myfxbook (it has been taken down now). In order to get it verified, he wanted to TeamView with me so that we could do it together, but I was too busy to do so. He said I could give him my master password for him to get it verified, and so I did. I simply did not have time to change it back but when I did check my trades later, to my horror, all the crazy trades had already taken place. Before that we were sorting out some IB issue with the broker as he said all this while the broker did not link my account to his IB even though I signed up using the affiliate link he sent to me. Could this be the trigger?

At that point of time, my immediate reaction was to change my master password and withdraw whatever’s left inside my account because the account had already been compromised. Thankfully, even after the 7K USD lost, I was still in overall profit and managed to protect all my initial capital of 5K USD. I texted Andy if he placed any manual trades, but he did not reply to my message. Instead, he was only concerned if I had emailed the broker to ask about the IB link.

Verdict: I was in a big shock as my relationship with Andy was very good for so long and I had never requested for any kind of account management for my account. I am not sure why would anyone place manual trades on it, even I don’t do it myself in this account. Placing huge lot sizes such as these is just crazy and without risk management. Till this date, the only person (besides myself) who knows my investor and master passwords is Andy. I went to do more research and there has been many complaints of Andy or his team opening huge lot sizes for account management, like seen in my account. I saw such reviews prior to using the EA and because I had never intended to use their account management service, I thought I would be safe.

I have never asked for any account management nor did I ask for more profits or anything at any point of time. I am too busy to deal with all this drama and since I was still in overall profit, I have withdrawn everything and closed my account and stopped using this EA. Without a doubt, the Virtuo EA is still one of the best martingale EAs out there that did not blow my account despite crazy market conditions, but this experience tells me to stay very far away.

References to others having bad experiences:

Trustpilot Reviews. Check out the bad reviews.

A youtube channel reviewing this EA. Check out the comments. I have screenshotted some below:

Many have complained about his team using crazy lot sizes/poor risk management to trade.

I have been kicked out of his telegram group and affiliate program. Similarly, to avoid receiving threats and verbal abuse, I have blocked him too. If you have any evidence or story to share, do send it to my email and I will consider posting them. We need to protect each other and our hard earned money, no matter what.

GPS Forex Robot 3 Update: 5 April – 9 April 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

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

GPS Forex Robot 3 Update: 18 January – 22 January 2021

GPS Forex Robot 3 Update: 25 January – 29 January 2021

GPS Forex Robot 3 Update: 1 February – 5 February 2021

GPS Forex Robot 3 Update: 8 February – 12 February 2021

GPS Forex Robot 3 Update: 15 February – 19 February 2021

GPS Forex Robot 3 Update: 22 February – 26 February 2021

GPS Forex Robot 3 Update: 8 March – 12 March 2021

GPS Forex Robot 3 Update: 15 March – 19 March 2021

GPS Forex Robot 3 Update: 22 March – 26 March 2021

GPS Forex Robot 3 Update: 29 March – 2 April 2021

Results 5 April – 9 April 2021

Results (5 April to 9 April 2021):

5 April 2021: USD 0.77

6 April 2021: USD 184.39

7 April 2021: No trades.

8 April 2021: USD 15.94

9 April 2021: USD 31.16

Total Profits: USD 232.26

This has been a pretty good week! Again, the opening times for the trades have changed, and this seems to be giving better results.

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: