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Showing posts with the label Forex Trading

GPS Forex Robot 3 Final Post For Awhile

Ok, don't hate me. I'm taking a break from the GPS Forex Robot for a time. The robot works. I did not blow my account. It did lose money in one trade, but it wasn't enough to really matter. I am getting out of Forex for now for a few reasons. The number 1 reason is I am wanting to focus on my crypto trading. I am taking all the funds I have for doing these referral blogs into my crypto referral. Why? Because I have found something in the crypto world that seems very lucrative, and I want to focus my attention to that. I think it will be more helpful to you as well. If you have enjoyed watching the forex bot then you're gonna love what I'll be showing you in the crypto trading arena.  Forex is much more complicated than crypto. It takes time to learn. We will come back to it at a later date because I have found something in forex that I think is beneficial, but for now I'm going to focus on the crypto. I'll be sharing the updates to the crypto stuff soon. I...

Trades 6 & 7 GPS Forex Robot 3 Live Review

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Click the image above and you will be taken to my account page where you can see all the details of all the trades this robot has made. So it had a losing trade already May 19, 2021. I was really hoping that it would get 10 trades complete before it would have an actual losing trade. Thankfully the trade was not a big loss. It only lost .70cents. Not reall worth writing about, but i want to be fully open and transparent about what is going on with the robot. This is why I share the link to MyForexBook page. In case I haven't mentioned it before I kind of want to briefly explain MyForexBook to you so you can see why I use it.  MyForexBook is a platform that is used amongst traders for numerous reasons. The way it works is it allows you to connect to your actual trading platform so that it can pull all trading information from there and present it here as a public presentation of how your trading is going. If you are unfamiliar with trading forex you may wonder what possible good t...

Trade #4 & #5 GPS Forex Robot 3 Review

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It just keeps growing. Bit by bit, but growth is growth! Quick Update: So last week I never did a second update even though the robot did open another trade. You can look back at trade #3   and see how it turned out. Trade number 4 was a success in my mind simply because it didn't lose any money. For whatever reason the robot determined soon after opening the trade that it was too risky to stay in it and closed the trade at the same place it opened it. Many folks would probably be upset about that, but it helps give me confidence that it is being very conservative with my money. I'm cool with it. And here it is only Monday and the  GPS Forex Robot 3 opened a trade this afternoon, and the trade stayed open about 5 hours. This was a winning trade and I am now up 1.93% for the month. Will it trade again this week? I don't know, but I hope so!  I will continue to slowly add funds to this account as it is looking like it is safe for the current market conditions. With ...

Trade #3 GPS Forex Robot 3 Review

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Quick update: Trade #3 results are in the red circle to the left. Trade #3 activated today as a buy. Remember, I only allow the GPS Forex Robot 3 to trade the EURUSD pair in order to protect the account from blowing out.  Trade number 3 was a success, though a very low win. I'll take gains without complaint. A win is a win.  In the picture above you can see the results, but just to recap here, it made a $1.12 profit which was a .11% increase to my account. Since it is still very early in the week I look for it to make another trade soon and keeping my fingers crossed for better results. Thanks for checking in' Be a blessing to God! My Complete GPS Forex Robot 3 Diary A Very Detailed Look At My Live Trading Account Before you buy another book check out the Kindle Unlimited Membership Plans

Trade #2 GPS Forex Robot 3 Review

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Another Effortless Winning Trade Click on image to expand or click here to go to my account page. ** To see all of my updates please click here! ** Good news this morning. The GPS Forex Robot 3 has made another winning trade without any effort on my part. We are now 2 for 2. A 100% win rate so far. Don't get me wrong, I know that the robot will lose a few trades, but for now, I'll take the win and the returns. The Breakdown: 1. Starting Balance $1012.44 2. Second Trade Profit $12.80 3. New Balance Minus Brokerage Fees $1023.02 This trade added brought up my account another 1.27%. You won't get that kind of return at any bank. I know it doesn't seem like a lot, and it is a very slow way to obtain wealth, but it is roughly 5% growth per month, and it is compounded weekly (so far).  Please keep following this Live Review of the GPS Forex Robot 3. Make sure to look at all of the updates. Understand, it has 4 currency pairs that it can trade. I only allow it to trade one cur...

Trade #1 With My GPS Forex Trading Robot 3

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View my full journal! The Breakdown:                     Beginning Funds: $1000                         First Trade Profit: $12.44                         New Balance: $1012.44 The Details Well good news! It has taken me two weeks to get everything set up correctly, but I finally got it done and the robot executed its first fully automated trade today! I have been like a kid at Christmas time waiting for this thing to show me that it was even alive.  So let me give you a few of the things you need to know about how I have things set up. First of all understand that trading forex is risky. In order for anyone to make anything with forex it has to be leveraged, meaning you put up your money and the trading platform will put up some of theirs with you. Its a bit more complicated than that, but that...

Starting My Forex Trading With Forex GPS 3 Robot

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 *This page has affiliate links* ****Nothing on this page is investment advice. It is only an experiment. If you invest your money in Forex you could lose it all. If you decide to invest in forex you do so by your own choice after you have done your own due diligence.**** Here We GO!  It is 6:15pm on Sunday April 18, 2021. I have my Virtual Private Server set up, I have my forex trading platform set up and funded, and I have my robot setup. The markets are open for trading, and I am sitting her just waiting for my robot to start trading.  I am not trading with full leverage yet. My broker allows 50:1 leveraged trading. Just to be safe, until I see that this robot works well I will be keeping my leverage low. It is currently set at 10:1. Next week I hope to up it a little bit. And then a little more each week after that. Also, I am not trading on all currency pairs. I am only trading on EUR/USD. Until I have confidently upped my leverage to 50:1 and can see that this robot...

Gonna Add A Little Forex Trading To The Page

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 Good evening everyone! I got some new stuff coming up in the next couple of weeks.The chart above is the current chart for the EUR/USD currency exchange.  If you are not familiar with the foreign currency exchange it is the largest trading market in the world. To put it simply the exchange makes it possible for you to profit from the price action between 2 currencies as they fluctuate from day to day. If you want to get a more detailed explanation you can search google. There is a ton of info on the web about it. There are many ways that you can go about finding good entries into a trade. Technical analysis is the most common way to do this. That's what all the different lines and colors and symbols are in the above chart. The combination tells a story of the recent past, but they also hint at the immediate future. The particular setup I am using is called Market Cipher . I have found it to be useful in trading cryptocurrencies and some stocks, so now I'm gonna try it on fiat...