Forex Robot Blows Up And I Lose $72,000 In 1 Day ( BEWARE OF EA BOTS )

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Forex Robot Blows Up And I Lose $72,000 In 1 Day ( BEWARE OF EA BOTS ) . . Using A forex expert advisor sounds great in MetaTrader 4 MT4.. You just set it and forget it! Here is the problem, This bot used the martingale strategy which, unless you have infinitely deep pockets, it will work for a few months and then one big swing in the market and it will blow up your account.

As i have stated in previous videos, i was testing out this robot to see how it went. Test complete and i can now say the martingale strategy is not safe. I am still highly interested in trading bots as i think the biggest problem with trading success is human error and emotions. So if you have a bot that has a strong system and perfected risk management. Please reach out to me as i would love to try it!

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From Teaching a worldwide audience of students how to day trade Stocks, Crypto, and Forex for 17 years, traveling the world full time as a digital nomad, and running a multi-million dollar Educational company.

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