Quote:
Originally Posted by ac35155  Hey all, I had some major differences compared to Rick's demo account today:
using settings that are almost the same or very close to the settings at the start of this topic, I had open lot sizes of 1.19, 2.02 and 3.43. I think the take profit was set to 35. It got a little scary because it was down pretty big at one point. There was a small pullback and the 3.43 proftied and cancelled out all the trades for a small profit.
In a different account, the take profit was just a little higher, and I was looking at a profit of $1300, but the take profit was never taken, the market reversed, and the results were disastrous.
I learned from this experiment that I don't think it will be possible to make the kind of money from robots that I can make from manually trading. 
If anybody has experience with this robot in live accounts, I'd love to hear about it and/or see the results. |
I agree,
You need a good broker that will run Forex Hacked on a real money account.
Among the material I have read about Forex Hacked is the
Forex FBI Forex Hacked Review page. There are a lot of people there that claim to be running Forex Hacked on a real money account. They advocate a different strategy than I am using. The admin there calls it
Double up, withdraw, rinse and repeat (taken from post #45). The idea is that you run Hacked on very high risk settings and maybe multiple currency pairs depending on your starting balance (which will blow the account eventually). Once the account equity doubles, you withdraw half and then start the whole thing again. They give you the settings and tell you which brokers they use (they recommend and use FXOpen).
I think you should take a close look at their strategy (I am going to) and read a lot of the posts (last count was 1,338). Once the market re-opens, I am going to set up a demo simulation of this strategy and then go from there.
Rick