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Insights

Straight talk on trading 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 library

13 guides, newest first.

Each one is written to be genuinely useful whether or not you ever run our software — the topics a careful trader actually searches for.

8 min read

What is a prop firm account? A no-hype guide

What a prop firm account really is: the evaluation model, why firms profit from fees, profit splits, the rules — and why most participants fail.

Prop firmsFTMOBeginners
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8 min read

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.

XAUUSDRiskProp firms
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8 min read

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.

PsychologyRiskEducation
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9 min read

Trading Bot Scams: Red Flags to Walk Away From

How to spot a trading bot scam: guaranteed returns, screenshot-only results, Telegram-only sellers and fake regulation — plus a vetting checklist.

EducationRiskAutomation
Read
8 min read

Best time to trade gold: XAUUSD sessions

The best time to trade gold is usually the London–New York overlap — but not always. XAUUSD sessions, spreads, rollover, FOMC/NFP and weekend gaps.

XAUUSDExecutionEducation
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7 min read

MT5 VPS vs home PC for Expert Advisors

MT5 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.

MetaTrader 5AutomationExecution
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8 min read

Gold EA risk settings: lot size & stop loss

Gold 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.

GoldRiskEducation
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8 min read

How to verify trading bot performance claims

How to verify trading bot performance claims before paying: backtests vs live results, verified Myfxbook feeds, drawdown checks, and seller red flags.

EducationAutomationRisk
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7 min read

Are trading bots allowed on FTMO? EA rules

Are trading bots allowed on FTMO? Yes — EAs are permitted with conditions. What FTMO restricts, why rule-aware automation matters, and what to verify.

FTMOProp firmsAutomation
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7 min read

Setting up an Expert Advisor on MetaTrader 5

A 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.

MetaTrader 5SetupAutomation
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8 min read

Prop-firm drawdown math: daily vs max loss

Daily loss and max loss are two limits on two clocks. The arithmetic behind each, static vs trailing drawdown, and sizing positions to survive both.

Prop firmsRiskFTMO
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7 min read

XAUUSD spreads & slippage in automated trading

Spread 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.

XAUUSDExecutionAutomation
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8 min read

FTMO Trading Objectives: 1-Step vs 2-Step

A 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.

FTMOProp firmsRisk
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Read the guides, then connect an FTMO or OANDA MT5 account and watch the compatibility check pass before a single trade is placed.