» » Gold Bull Pro 10/30/15 Update

http://www.goldbullpro.com/wp-content/uploads/2015/04/GoldBullBox1-e1428594399730.png
Thank you for viewing my gold bull pro friday update. This is our first week of testing and things went very well especially as we got closer to the end of the week.  So far were up over 11 % in the first 5 days of trading which is impressive but there are some issues with the system that i talked about in the video. Hopefully things will continue to run smoothly. Any questions dont hesitate to send them my way.
  
 FOR MORE INFO CLICK HERE 

 TO VIEW ALL UPDATES CLICK HERE



 Many thanks Larry for following up and doing this review! My personal observations so far while testing GoldBull Pro is the following:

 1. It doesn't seem to perform too well on accounts with low deposits that are starting from $500. So people using this EA should consider investing a minimum of $2,000 to have some decent results. Based on GoldBull's demo accounts it appears that an investment within the range of $5,000 to $10,000 would seem ideal.

 2. I inquired about their recommended EA settings and this is what they told me (but feel free to experiment as you see fit):
EURUSD long with Agressive,
EURUSD short with Normal
GBPUSD long with Conservative
GBPUSD short with Conservative
USDJPY long with Conservative
USDJPY short with Conservative

3. GoldBull Pro has two live demo account results pages:

 A. $5000 USD initial deposit | Broker - Tickmill demo | 1:500
http://www.myfxbook.com/members/BestEARobots/goldbull-pro-bestearobotscom/1230843

 B. For their FX Blue page this is what they told me via an email inquiry I had - "$10,000 USD initial deposit | Broker - Tickmill demo | 1:300"
http://www.fxblue.com/users/goldbull_pro

 4. With regards to point #3, when testing GoldBull Pro on some various demo accounts I realized that this EA only works best on ECN Pro demo accounts (accounts with a fixed / tight spread) NOT classic accounts or accounts with variable spreads. Actually, when I tested this EA on classic / variable spread accounts the results were downright horrible.

5. Nonetheless, I'm impressed with GoldBull Pro's results in the above links. That being said, my recommendation would be for international users to test or open a live account on TICKMILL ECN PRO (min deposit of $25) in order to achieve similar results that you see in the links above.

6. US residents may want to try the following:
A. Try opening a live (or demo) account with FX CHOICE MT4 PRO account (https://myfxchoice.com/accounts/pro-account/). The max leverage is 1:200, the minimum deposit is only $100, however as I noted in point #1 you should really consider a minimum investment (or even a demo investment) starting from $2000 in order for this EA to demonstrate any results. Also, I would expect the results on this demo platform to be different from the GoldBull Pro live results page due to the fact FX Choice has lower leverage than Tickmill (ie. 1:200 vs. 1:300 or 1:500)
B. I guess US citizens may also want to try Forex Broker Inc as a 2nd possible option (http://www.forexbrokerinc.com/account-types). My concern for testing purposes with the GoldBull Pro EA is the only demo platform Forex Broker Inc offers is a variable spread demo account, which is something you do not want to use with this EA..... They do have live Gold and Platinum ECN accounts with low spreads (GOLD ECN account may be preferable for the GoldBull Pro EA in terms of trading micro lots). Unfortunately, Forex Broker Inc does not give you a chance to preview these ECN accounts on a demo MT4 platform. So that's my rationale for US citizens checking out FX Choice first........

 Those are my insights for the time being. Keep up the great job you're doing on this website Larry. I'm sure a lot of viewers like myself appreciate the time, money, and effort you are spending to keep us informed! Take care!

 -Kenny

Keyword:

www.goldbullpro.com,
goldbullpro.com review
goldbullpro.com,
goldbullpro review,
gold bull pro review,
goldbullpro testing,
gold bull pro testing,
goldbullpro trades,
gold bull pro trades,
testing goldbullpro,
testing gold bull pro,
review of goldbullpro,
review of gold bull pro,
gold bull pro,
goldbullpro bonus,
gold bull pro bonus,
goldbullpro scam,
gold bull pro scam,
4:52 PM

Share to:

6 comments:

  1. ZorroNovember 1, 2015 at 9:00 AM

    Kenny,

    This is very helpful. By chance, do you have any experience with Tallinex on this or other robots. They take US citizens, claim to be an ECN but I am not sure about fixed versus variable spreads. Your input would be appreciated.

    Regards,

    Martin

    ReplyDelete
  2. UnknownNovember 1, 2015 at 11:02 AM

    Hey Martin, you know I was telling Larry the other day about this! I think on a basic level that Tallinex is a decent broker but when doing live side by side comparisons with other brokers I noticed that Tallinex's quote prices and spreads were a bit "different".....and different in a way that would alter the results of your trading of you were going to use the Goldbull Pro EA. In all honesty, if I were to use Tallinex as my broker I would probably use the Forex Steam V9 light version EA which I plan on testing this coming week. I'm also hoping at some point Larry will consider doing a review on the Forex Steam EA in the future. The reason why I think Forex Steam would work better on Tallinex (in comparison to Goldbull Pro) is because Forex Steam has a setting in which you can adjust the EA for ECN or non-ECN brokers.

    http://forexrobotnation.com/forex-steam-nine-review/

    http://forexrobotnation.com/forex-steam-eight-review/

    http://forexsteam.com/

    ReplyDelete
  3. UnknownNovember 1, 2015 at 11:14 AM

    By the way, here is more info about the differences between Floating / Variable Spread (non-ECN) vs Fixed Spread (ECN) accounts:

    NON-ECN
    Floating spreads vary throughout the day depending on volatility and available liquidity. They represent the very best bid and ask prices we are able secure from our liquidity providers. The advantage of a floating spread is that you receive the best current market price at the time you are trading, which can often be lower than when trading on a fixed spread account. However, keep in mind that floating spreads can also widen considerably before and after high impact news announcements and at other times of high volatility.

    ECN
    Fixed spreads remain the same under normal market conditions and apply only to instant orders. With a fixed spread account you are able to manage your trading costs much more effectively as you know depending on the time you are trading what the differences between bid and ask prices will be. This in return allows you to know exactly how many pips you have to make on a trade in order to exit profitably.Fixed spreads could potentially be more beneficial for new traders, algorithmic traders and those trading at shorter time frames.

    ReplyDelete
  4. ZorroNovember 2, 2015 at 1:10 AM

    This is very helpful Kenny.

    Thank you for responding, I appreciate it as I am a bit of a novice as to EA settings, brokers, etc.

    Regards,

    Martin

    November 2, 2015 at 1:08 AM

    ReplyDelete
  5. AnonymousJanuary 13, 2016 at 9:29 AM

    SCAM see the real live results here.... http://www.myfxbook.com/members/onnis/goldbull-pro/1313904

    ReplyDelete
    Replies
    1. EmpireAmbitionJanuary 13, 2016 at 9:41 AM

      Hi, i see their not using TickMill. I mentioned in a few videos that fxchoice and Tallinex had bad results during the same period that my TickMill account had good results. Tickmill is the only broker thats recommended for GoldBull Pro.

      Delete

Subscribe to: Post Comments (Atom)
 
Top