Good evening everyone. Like many others I have decided to start trading more intensively as well. After buying Galileo FX, I installed meta trader 4 and loaded Galileo FX. Till this point everything ok. However Im experiencing more dificulties now when I actually started with trading. I depozit 300 EUR to my real account and decided Im gonna start with Natural Gas, Crude Oil and EURUSD. All three I have setup on M15 trading time, all three with settings Lot size 0,01. Risk 0,5, Take Profit 200, Stop Loss 50-100(depends on instrument of trading), Bullish signals to 4 on all threee instruments, Bearish signals to 4 on all three instrumenst of trading. Ok till this point still everything ok. Now the interesting and confusing part starts, for the last 4 days Im only making loss, Galileo doesnt stop trade when it hits the configured Stop Loss setting or Take profit.
Just an example: Crude oil price was 80.560 and i set it up to Stop loss for 100 points. That means that the trade should stop when the price reached 80,460 right?? BUt it doesnt stop trade? My question is why?? Doesnt it close trade automatically when it reaches certain configured number?? And when does it open new trade if the price changes or it goes up so it could open new trade with buy settings. Can someone explain me more detailed how the bot is working coz I really am interested on trading with Galileo but so far not quite sure it makes profit like it supposed to. After all I want this investment in Galileo back with trading, and if possible make some passive income every month as well.
Thank you very much for any answers of course I would apreciate some instructions how to set up Galileo and perticular instrument for trading, but please have patience as Im new in trading as well in Galileo
Kind regards,
Sebastian
Just an example: Crude oil price was 80.560 and i set it up to Stop loss for 100 points. That means that the trade should stop when the price reached 80,460 right?? BUt it doesnt stop trade? My question is why?? Doesnt it close trade automatically when it reaches certain configured number?? And when does it open new trade if the price changes or it goes up so it could open new trade with buy settings. Can someone explain me more detailed how the bot is working coz I really am interested on trading with Galileo but so far not quite sure it makes profit like it supposed to. After all I want this investment in Galileo back with trading, and if possible make some passive income every month as well.
Thank you very much for any answers of course I would apreciate some instructions how to set up Galileo and perticular instrument for trading, but please have patience as Im new in trading as well in Galileo
Kind regards,
Sebastian
