Insights
Straight talk ontrading the machine.
Practical, honest writing on automated XAUUSD trading — prop-firm rules, execution costs, drawdown math, and the mechanics of MetaTrader 5. No hype, no profit promises, losses included.
- Educational, not financial advice.
- Written by the RSForex Bot team.
The library13 guides · newest first
- What is a prop firm account? A no-hype guideWhat a prop firm account really is: the evaluation model, why firms profit from fees, profit splits, the rules — and why most participants fail.
- How Much Money Do You Need to Trade Gold?Real XAUUSD account-size math: what one lot of gold is, what a sensible stop costs, why $100 accounts fail, and what the prop-firm route really costs.
- Why Do Most Forex Traders Lose Money?Regulators make brokers publish it: most retail forex accounts lose money. The honest mechanics — overleveraging, undefined risk, revenge trades, costs.
- Trading Bot Scams: Red Flags to Walk Away FromHow to spot a trading bot scam: guaranteed returns, screenshot-only results, Telegram-only sellers and fake regulation — plus a vetting checklist.
- Best time to trade gold: XAUUSD sessionsThe best time to trade gold is usually the London–New York overlap — but not always. XAUUSD sessions, spreads, rollover, FOMC/NFP and weekend gaps.
- MT5 VPS vs home PC for Expert AdvisorsMT5 VPS or home PC for your expert advisor? An honest look at latency, uptime, Windows updates, cost and security — and when a home PC is fine.
- Gold EA risk settings: lot size & stop lossGold EA risk settings explained: how to size XAUUSD lots from a dollar stop (1 lot = 100 oz), pick risk per trade and set daily loss budgets that survive.
- How to verify trading bot performance claimsHow to verify trading bot performance claims before paying: backtests vs live results, verified Myfxbook feeds, drawdown checks, and seller red flags.
- Are trading bots allowed on FTMO? EA rulesAre trading bots allowed on FTMO? Yes — EAs are permitted with conditions. What FTMO restricts, why rule-aware automation matters, and what to verify.
- Setting up an Expert Advisor on MetaTrader 5A step-by-step guide to installing an Expert Advisor on MetaTrader 5 — enabling algo trading, attaching it to the XAUUSD chart and fixing a silent EA.
- Prop-firm drawdown math: daily vs max lossDaily loss and max loss are two limits on two clocks. The arithmetic behind each, static vs trailing drawdown, and sizing positions to survive both.
- XAUUSD spreads & slippage in automated tradingSpread and slippage are the hidden costs on every gold trade. How they work on XAUUSD, why gold is unusually sensitive and how they compound in automation.
- FTMO Trading Objectives: 1-Step vs 2-StepA plain-English walkthrough of FTMO trading objectives — profit target, daily loss, max loss and trading days — and how 1-Step and 2-Step really differ.
Prefer to see it run?
Read the guides,then watch it work.
Connect a compatible MetaTrader 5 broker or prop-firm account and watch the compatibility check pass before a single trade is placed.