I remember when I first started trading FGB. I was new to trading and just thought for some weird reason that I was going to win EVERY trade. Boy did I not have a clue what I was doing. I knew nothing about money management and I quickly got into trouble.
What I did wrong.
I started trading the robot with only a few thousand USD which is fine but the problem was my broker only allowed trading of mini lots. I was over trading my account.
You may or may not know that historically FGB will lose about 58% of its trades. But what makes this bot special is how it WINS. You see the average win is about twice the average loss. Moreover it is not out of the realm of possibility to get a trade that will net you a 600 pip gain!
The message of this post is simple....I am passionate about the FGB. You may not like to lose this much trading but this is a robust strategy that will keep you trading successfully for many years when used RIGHT.
There will be ups and downs here but this bot always seems to give the pips back if we are patient.
