So there’s this forex trading bot somebody told me about, he said I should buy it for 1k$ and deposit at least 2k$ in meta fx (apparently the bot will make you 1% profits of your deposit everyday). So with my 2k balance it will be trading and making about $20 for me everyday from my 2k$, he showed me prove of his earnings from his 2k$ account (I will attach some pics of his earnings here). So I’m seeking anyone advice on if I should go for it or i should not do it? Your advice will be appreciated
Forex trading bot
- Thread starter Dante01
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- Jan 23, 2015
- 5,612
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Deleted member 1705787
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My advice to you don't do anything with anybody even someone selling you bot who even generate $1 per day instead start learning from youtube just support and resistance and plus one strategy which can make you $20 -$30 per day by your own if you don't be greedy and stick to your plans of trading
bigboyporax
Regular Member
- Apr 13, 2019
- 404
- 160
all you need to do is to look for the my fxbook record of the bot.
I had one earning 0.5 % per day but now I need to buy the full version. Rented it for 8 months and made over 300%
The full version is 1k not 2k BTW. With a 2 license version at $300
https://www.myfxbook.com/members/kondoboy/afrocelebritiesfund-henry-asaba/10540645#
Bot only lost this month because it expired so we could consider partnering up to buy the unlimited version.
I had one earning 0.5 % per day but now I need to buy the full version. Rented it for 8 months and made over 300%
The full version is 1k not 2k BTW. With a 2 license version at $300
https://www.myfxbook.com/members/kondoboy/afrocelebritiesfund-henry-asaba/10540645#
Bot only lost this month because it expired so we could consider partnering up to buy the unlimited version.
zotix
BANNED
- Oct 21, 2023
- 1,148
- 724
please dont; the right picture of the graph, the information - with 500x leverage and the other factors are not that nice. It is very high risk; you can create such a Screenshot in 5min.
Chart interpretation (if there is any) is not correct, I don't see any value in it.
Edit: Looking more clearly on all pictures, its just ridiculous.
Please save your money.
- Apr 27, 2016
- 6,342
- 2,537
You will end up loosing money.
Thank you so much for the insight, I don’t know what to say. You kind of saved me from wasting my hard earned money I can’t afford to lose
D
Deleted member 1922145
Guest
The screenshots look fake itself how can you even believe on this shit
phone unlockers
BANNED
- Feb 26, 2018
- 719
- 490
Don't use bots that you didn't write by yourself my friend or don't cry after losing your money.
alanta_mixiagency
Banned - Multiple Rules Violations
- Feb 26, 2024
- 415
- 122
Learn how to trade and invest seriously. I never trust bots. I only care about the market
Funny thing he withdrew his profits in his name which are kind of accurate, proofs on proofs which are accurates with videos of everything. I’ll stick to your advice. Thanks for this
SirSmash
Regular Member
- May 25, 2014
- 310
- 275
Bit late to the game with the reply here, but automation doesn't automatically make trading profitable or unprofitable. All a bot does is automate actions that a human would have usually taken; if that human is good and makes money, the bot can make money. If the person doesn't know how to trade, the bot won't make money. The issue being most bots don't make money because the people making them can't actually trade. They make money from the bots themselves.
What I'd recommend, and what I do personally, is forward test the free bots. I go on the MQL marketplace and run the top free bots as a forward test on demo accounts for a couple months using a VPS; the profitable ones get moved to small live, then larger live. Basically, treating each EA as if I've hired a person for a trading floor. The good ones are promoted, the bad ones are fired. And when possible, I try and get set files that are already tested as most the scams seem to come from people selling bots themselves, not the set files for existing bots. I use websites like OptSets and AlgoDatabase for them.
Paid bots, waste of time IMO. There isn't a paid bot that's going to have some secret super duper way of making massive profits. If that does happen, you can bet someone will clone it in about 42 seconds and undercut the guy, before someone else clones it again and makes it free. So stick to the free bots, test them, and either optimize them yourself or get some set files as a bit of a shortcut.
What I'd recommend, and what I do personally, is forward test the free bots. I go on the MQL marketplace and run the top free bots as a forward test on demo accounts for a couple months using a VPS; the profitable ones get moved to small live, then larger live. Basically, treating each EA as if I've hired a person for a trading floor. The good ones are promoted, the bad ones are fired. And when possible, I try and get set files that are already tested as most the scams seem to come from people selling bots themselves, not the set files for existing bots. I use websites like OptSets and AlgoDatabase for them.
Paid bots, waste of time IMO. There isn't a paid bot that's going to have some secret super duper way of making massive profits. If that does happen, you can bet someone will clone it in about 42 seconds and undercut the guy, before someone else clones it again and makes it free. So stick to the free bots, test them, and either optimize them yourself or get some set files as a bit of a shortcut.
But to the guy that’s selling this particular bot, for the past few weeks of knowing about this he has been making profits everyday and he is keeping us updated, so according to you the person who owns this bot must be very good at trading, because this guy has been making profits everyday, I’ll take your advice and not put my hard earned money in it, but I feel like I’m missing out, I will not get tempted tho. Thank you for your contribution.
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