馃攳
Making $57K With The Titan X Forex Robot! | Best Forex EA Robot?! - YouTube
Channel: Blue Edge Crypto
[0]
Making $57,000 with a Forex robot
[5]
called Titan X. Is this the best
expert advisor that's on the market.
[8]
We're going to get into the advantages
and the downfalls of the Titan X expert
[12]
advisor, as well as show
you a client of ours.
[14]
That's banked $57,000
in profits using a forex
[19]
robot. If you're using a robot
or an expert advisor of any kind,
[23]
then you want to watch this video because
I'm gonna explain to you exactly how
[26]
he did it and how to basically give you
the highest chances of avoid blowing
[30]
your account.
[31]
Most people blow their accounts when
they use some sort of Forex trading robot
[35]
or automated trading software.
[36]
I'm going to show you a few
tips to get the best results.
[38]
No matter if you're using Titan X or if
you're using a different Forex robot,
[42]
this is going to help as well
[50]
Hey there. My name is Adam Wenig. Well,
[51]
we built this channel help make your
trading elf easy, lucrative, and fun.
[55]
So if you're new here,
[56]
go ahead and click subscribe button
and turn on post notifications.
[59]
In this video, we're going to be
talking about a client of ours,
[61]
that banked $57,000 worth
of trading profits using an
[65]
automated solution
called the Titan X robot.
[68]
We're going to be reviewing that and
talking about what you have to do to be a
[71]
successful robot trader and some of the
pitfalls that you have to be aware of or
[75]
else you could run into a serious problem.
[77]
So I'll just show you here really quickly.
We're inside of our Facebook group,
[80]
which if you're not a
part of you can go to
[82]
facebook.com/groups/edgetradersofficial.
[86]
You can join the party and see everybody
that's having fun inside this group and
[89]
doing really well. Now,
before we get into this,
[91]
I'll show you that he basically said that
he hit his first big goal with Titan,
[96]
just smashed a hundred thousand dollars
compounding on a personally funded
[100]
account that started
with $44,000. So again,
[103]
$57,000 in profit. Okay.
That's pretty freaking amazing.
[107]
And you can see the proof here.
[109]
You can see his account balance
at a hundred and nearly $102,000.
[113]
And I'm going to get into
exactly how he did this.
[115]
Now you could potentially do it as well,
[117]
but I do have to say that forex
trading is risky. As you know,
[120]
and trading with Forex
robots is risky as well,
[123]
and you could lose some or all of your
money and please only trade with money
[127]
that you can afford to lose. And
trading may not be for everybody.
[131]
So I just want to say that
because it's really true.
[134]
So let's take a look at this and
break this down a little bit.
[137]
So he trading a personally funded account.
[139]
He funded with $44K and he's grown it
past a hundred thousand dollars at this
[143]
point. Okay. Which is great. You
obviously may not have that much money.
[146]
You can trade with less money, you know,
[148]
whatever amount that you really want
to. Most of our clients start with,
[151]
you know, around, I don't know, a couple
thousand dollars, something like that.
[155]
The, the more, the better, because it
gives it more breathing room. Okay.
[158]
A lot of people blow their
accounts when using Forex robots,
[160]
cause they'll go in with like
a hundred dollars or like $500.
[163]
It doesn't give the EA
enough room to, you know,
[165]
to encourage drawdown and
to recover from drawdown.
[168]
And they're just blowing
their entire count.
[170]
And they think that the
robot is a scam or whatever.
[172]
So he grew up from $44 to $100K he says,
[175]
next goal is to go to $125,000.
[178]
And then at that point he's
going to take out $25,000. Okay.
[182]
Then he's going to compound
it to $225,000. Now this is,
[186]
this is really cool because I think one
of the good things about what he's doing
[190]
is not only has he grown it quite a bit.
And by the way, in, in the timeframe,
[194]
I think he's done this
in the matter of like,
[196]
I want to say like four months or
maybe five months, something like that,
[199]
like not a long period of time. He's,
[201]
he's really been getting after it and I
like what he's doing cause he's taking
[204]
out $25,000.
[206]
One thing that's great to do is to take
your profits out and to play with house
[209]
money. So he will be playing
with house money shortly here.
[213]
Once he takes out his money,
which he plans on doing, he says,
[217]
once he grows it to $225 K is going to
take out another 25 K and so on until he
[221]
gets $500 K,
[223]
he said that he's also started another
Titan X with another broker as well to
[227]
split over into two.
[228]
So basically chucked $63,000
into a account it's already at
[233]
65 K says, happy days, can't think the
blue edge guys and their support enough.
[237]
So this is another good thing. If
you're trading with a forest robot,
[240]
especially if you're trading
with a large balance,
[242]
you may want to diversify
across brokers. As we know, uh,
[245]
Forex brokers can sometimes be
sketchy sometimes, you know,
[248]
they're overseas or
whatever. And you know,
[251]
if you're growing a
large amount of capital,
[253]
it may behoove you to put it into
multiple brokers just to spread your risk
[256]
across multiple brokers,
as well as to see, Hey,
[259]
maybe it does better on one broker
than another right now, by the way,
[262]
if you're watching this, you're
like, Hey, I want to try this. Um,
[264]
you can go to blueedgefinancial.com.
[266]
You could actually try this robot for
free for seven days and you only pay for
[270]
it if you feel like it's
worth it. Okay. So again,
[272]
go ahead and you can check it out.
[274]
Now let's get into his strategy
about what he's actually done.
[277]
So Titan X tool is what's known as
like a cost averaging robot. Uh,
[281]
there's a lot of these
robots on the market,
[283]
but most of them are really crap and
they really do have a high probability of
[287]
blowing your account. At some point
we put in some protective measures to,
[291]
to help avoid that, uh, which
I'm going to discuss in a second.
[293]
But if you're unfamiliar,
[294]
basically the way cost averaging works
is you're trying to get in at a better
[298]
price, right?
[299]
So let's say that the market is
going up and we're in a sell trade.
[301]
You'll enter a sell trade.
[302]
And then if price moves against
you on another sell trade,
[304]
if prices continue to move against
you, you'll get another sell trade,
[307]
another sell trade. And then
all the way up until here,
[310]
we got into another sell trade, hoping
for the market to reverse. Okay.
[313]
So now obviously this is a common
strategy among forex robots.
[318]
This is something
interesting, basically. Um,
[320]
we're wanting to trade currency pairs
that will revert back to the mean,
[324]
meaning that they'll revert
back to the average price,
[326]
because as you can see here, we don't
want a pair to go on a really long trend.
[330]
Okay. This type of system will do well.
[333]
The majority of the time
during a ranging market,
[336]
or even during a choppy
market, I'll do really well.
[338]
But during a trending market, these
systems can get into long drawdown, right?
[343]
And you can see these types
of systems really easily.
[345]
Because it usually has these,
you know, really smooth.
[348]
Looking equity curves. The problem
is if a pair goes on a really,
[351]
really long trend with
the majority of these,
[353]
you're going to be blowing
your entire account.
[354]
Now we have some measures in place
to help avoid that, obviously,
[358]
but it is one of the risks that you take
on with trading these types of systems.
[362]
So really what you need to do is to be
able to trade it for a while and then you
[365]
need to sometimes cut it or take a loss,
[368]
which I'm gonna talk about and
then continue on trading. Right?
[370]
So something like this right back to
what we were actually talking about.
[374]
So Scott's actual strategy for
how he grew up from $44K to $100K.
[378]
So he basically said that the starting
lot size based on the risk calculator,
[382]
allowing for 16 trades, he attaches in
the picture below. I'm going to show you,
[386]
let me show you this.
So we have a calculator.
[388]
Once you become a member at blue edge
financial, and you're trading this again,
[391]
if you're trading any Forex robot,
you'd likely want to do this,
[394]
we have this lot calculator,
[395]
which basically you can put
in your account balance.
[397]
You can put it in the number of trades
that you're going to be doing as well as
[400]
your starting lot sizes.
[401]
That means like on your very first
initial cost averaging trade,
[405]
your very first entry trade.
[406]
What is going to be the lot size you can
see here that his initial starting lot
[410]
size was 0.2, five. Okay.
[412]
And basically what he said is
he's going to allow for 16 trades.
[416]
So this basically means that he could
have 11 different currency pairs go into
[421]
16 cost averaging trades each
and still not blow his account.
[426]
Right. He would be right up
at the verge of it, right.
[428]
Of getting margin called the likelihood
of 11 different currency pairs going
[431]
into 16 cost averaging trades.
It's very low. Is it impossible?
[436]
No anything can happen in the
markets obviously, but it's very,
[438]
very unlikely that 11 pairs are all going
to go trending at the same time and go
[443]
16 cost averaging trades with
no sort of pullback. Okay.
[446]
It's so this is one thing that you want
to do before trading is you want to like
[450]
calculate your risk basically.
And this tool makes it really,
[452]
really easy to do that.
Okay. So let's move on.
[455]
So first thing he did with his strategy
is he calculated for the risk, right?
[459]
Which I think is really smart.
[460]
And we talk more about that inside
of the Edge Trading Academy.
[463]
Once you become a member again,
[464]
you can do that for free for
seven days and only pay for this.
[467]
If you feel like it's worth it.
Okay. One of the things that he said,
[470]
he said to yoga on at 25% of the account
balance off at 24% of the account
[474]
balance. So this is one of the protective
measures that we have. So that way we,
[478]
we put measures in place
to limit the, the, uh,
[482]
chance of blowing the account. Right. And
basically what yoga means is that 25%.
[487]
So if his account ever
hits 25% in drawdown,
[490]
he's basically going to stop
any currency pairs from trading.
[493]
So this yoga means like, you know,
cool off, you know, kind of chill out,
[498]
kind of relax. So basically if this
account gets into this much drawdown,
[501]
then he's turned on this yoga mode.
[503]
It's just a feature that we have inside
of the settings of the EA, where,
[506]
you know, he can,
[507]
he'll basically not enter any new trades
at that point and you'll wait for the
[510]
drawdown to recover. Okay. So
that's how he uses that. Again,
[513]
you could use this at whatever
Mark you want, say 15% say, Hey,
[516]
if my account gets into 15%
drawdown, then you know,
[518]
I don't want to be taking any more new
trades until the drawdown recovers.
[521]
You can totally do that as well. So three,
[523]
every weekend I put a new higher balance
into the risk calculator to increase
[527]
the starting lot size and yoga
on and off limits. So again,
[531]
he just comes into here and he pulls
up the risk calculator. He says, okay,
[535]
my new account balance
is, let's say $110,000.
[538]
And he will budget for
16 trades basically.
[541]
And do that same thing
using this risk calculator.
[544]
It's kind of fun to play around with.
So that way you can just get an idea of,
[547]
of what you could sort of drawdown.
[549]
You could incur and still have
your account be. Okay. Next is,
[552]
he says lipo after trade 14 and amp
after trade 18. So what does this mean?
[557]
Okay. So these are kind of insider terms
that we use inside of our community,
[560]
but basically what it
means is essentially again,
[563]
this is another measure to help prevent
people from blowing their accounts,
[567]
which you know, can happen
with these sort of systems.
[570]
And I'm just telling you this,
because I'm just being honest.
[572]
Like I like a lot of people just don't
know that they think they're trading this
[576]
magic robot and they don't realize
that this is a reality of trading,
[579]
these sorts of systems. Okay. So what
does this mean? So lipo after trade 14.
[584]
Okay. So that basically means that.
So let's say here, for example, okay.
[588]
On the 14th trade, he's going to close
out of the first trade on the 15th trade.
[593]
He's going to close out of the second
trade on the 16th trade, you know,
[595]
close out of the third trade. And
if it keeps going on the 17th trade,
[599]
he's going to close out on the next
trade and on the 18th trade. Okay.
[602]
If you heard him. So that's what lipo is.
[604]
You're basically lipoing off the fat here.
[606]
So these are ones that have
been in trades the longest,
[608]
which will basically make it easier
for you to hit the take profit as well.
[612]
So that's what he's doing there.
And then, and then the amp mode,
[615]
which basically means amputate,
just like you cut it loose,
[617]
like you just have this uncle point
and you say, I got to go like,
[620]
this is too much drawdown. A pair has
been trending. You know, trending really,
[624]
really hard. And I got to
get out of it. So at 18,
[626]
so if it goes 18 trades in a row, he's
just going to cut the entire thing. Okay.
[629]
The entire currency pair
from trading, that's again,
[632]
that's a feature that we
have built inside of that.
[634]
And sometimes you just need to do
that. Okay. Is you need to live,
[637]
you need to take a loss in order
to trade it another day. He says,
[639]
these are the currency pairs
that he's currently using,
[641]
but Titan has done well for me on
virtually everything. I've put it on.
[644]
I've used anything from three to 28 pairs
in the past. Okay. So he's using GBP,
[649]
USD, CHF, JPY. EURGBP, USDCAD, EURUSD,
GBPCAD, NZDCHF, AUDCAD, AUDNZD, EURCHF,
[652]
NZDCAD,
[658]
all of these. Okay. And you can see
that here. You can also see his, uh,
[662]
settings. You can, I'll
just pull these up.
[664]
So he shared these with us inside of
his group. So if you do become a member,
[667]
you start trading this, then, you
know, you can consider using this on,
[670]
you know, his settings there.
[671]
So you can take a screenshot of
that or whatever you want to do.
[673]
So now here's his advice. I should
play a quick clip here, Scott,
[677]
actually talking about this.
And at the end of this video,
[680]
I'll actually include a link to the
full interview that I did with Scott
[683]
previously, before he had hit this
Mark, I did an interview with him,
[686]
which was really pretty cool.
So I'll play that right now.
[689]
Yeah. I mean, I'm no
expert whatsoever, even,
[690]
I did not what forex was six months
ago, so I can do it, you know, just,
[694]
just work together and everyone can win.
[696]
When I first found Titan I
fell in love with Titan, my,
[699]
one of my fears was that maybe
you would discontinue the product.
[702]
So then I went on a spree to find
other kind of software just as a backup
[707]
because it was the first one I
tried. I thought you would be like,
[709]
you know what, everyone
else would be quick similar,
[711]
but can't do the other ones
so bad. You know? I mean,
[714]
I haven't found any that a
lot of them just don't work.
[716]
A lot of them lose a lot of profit.
There's no support, there's no community.
[721]
So yeah. I mean, it it's by far the best.
[723]
And we probably tried at least
20 different softwares. Yeah.
[726]
And they promise you if you know,
they're not sincere like you guys are.
[730]
So I think it is the best tool out there.
I haven't found one that's, you know,
[735]
10% as good as this one. And
I'm not just saying that.
[738]
Okay. So here's his advice.
[740]
He said that the biggest challenge
for him was not to stress over Titan,
[743]
needing some chunky drawdown.
[744]
Sometimes his max drawdown has been 22%
when some of the pairs were trending
[749]
hard. Okay. So again, this EA will be
in drawdown pretty much continuously.
[754]
He said his max drawdown has
been 22%. Okay. And basically,
[757]
depending on how you run this
thing, you could have more,
[759]
you could have less drawdown than that.
And again, when pairs really trend hard,
[763]
that's when you're going to incur
the drawdown. Okay. He says,
[766]
have some lipos now. And again,
[767]
example yesterday started the day off
with minus $482 and then ended the
[772]
day at $1,236 with just over
2% growth in the two days.
[777]
So don't worry about the lipo and
amp now just letting it do its thing.
[780]
For example, at the moment,
it's just shy of 21% drawdown,
[784]
but there's some chunky
trends on some pairs. Okay.
[786]
So he has some drawdown right now.
And he's noticing that, you know,
[790]
the reason he has this drawdown is
because some of the pairs are really
[793]
trending, right. Basically he says,
if they lipo to make it easier.
[796]
So meaning they start, you know,
[798]
lipoing off the beginning trades and
make it easier for Titan to rebound and
[801]
take profit. That's cool.
[803]
Or if I have to wait it out a little bit
for them to rebound, that's good too.
[806]
It's teaching me patience
for once. LOL. He said,
[808]
I've also got used to the equity amount
being anywhere from two to six weeks
[812]
behind the balance because Titan X
has a floating loss in order to work.
[816]
So that's just another thing that, you
know, it will be in floating drawdown,
[820]
just takes a while to climb out of the
drawdown and that's that. So he said,
[823]
I'll report back when his account gets
to $200,000, which is great. Okay.
[827]
So he's been really cool.
[828]
He's just kind of updated us
along the way as he's gone.
[830]
And so I wanted to share this with you
to share. What's actually possible.
[833]
I'm not saying you're going
to get the exact same results.
[835]
We can't guarantee anything
like that, but you know,
[838]
you can try it out for yourself.
Okay. Try it on our website,
[840]
blueedgefinancial.com seven days only
pay for if you feel like it's worth it.
[843]
Oh yeah. And by the way,
[844]
if you'd like to watch the
entire interview that I
did with Scott, just a few,
[848]
it was like a month ago, maybe a month
and a half ago or something like that.
[850]
Then we'll put the video right
here and you can watch that,
[852]
check it out right now.
Most Recent Videos:
You can go back to the homepage right here: Homepage