Forex signals (FXCBS) (By Forexsignals)

Gain : +96.76%
Drawdown 13.88%
Pips: 1900.2
Trades 682
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Automated

Forex signals (FXCBS) Discussion

Nov 21, 2009 at 13:12
1,418 Views
5 Replies
Member Since Nov 21, 2009   7 posts
Jan 22, 2010 at 18:18
Breakout CounterTrend Strategy
Vision without action is a dream. Action without vision is a nightmare!
Member Since May 22, 2011   2 posts
May 22, 2011 at 21:17
can i subscribe to your signals? email me at [email protected]
Member Since Feb 16, 2010   1332 posts
May 22, 2011 at 21:41 (edited May 22, 2011 at 22:02)
Your motto says: 'Vision without action is a dream. Action without vision is a nightmare!'
I should add 'Signals provider w/o a real account is unserious.'

It looks like an asian scalper to me so in real account conditions it will face lower liquidity and therefore slower execution + slippage + spread widening. On your site you forget to mention that your Alpari UK demo account does not represent the true market conditions because all Alpari UK demo accounts have the spreads of Alpari PRO accounts but w/o the commissions which is a fraud. Based on the facts my conclusion is that your performance in real account could be far away from what is advertised.

I see you're not only collecting performance fee but your investors need to open an Alpari UK account through your IB/affiliate link w/o any notice.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since May 22, 2011   2 posts
May 22, 2011 at 22:20
Thanks man for the heads up. So... do you know any good fx signals?
Member Since Mar 05, 2010   76 posts
May 23, 2011 at 04:51

forexma posted:
    Your motto says: 'Vision without action is a dream. Action without vision is a nightmare!'
I should add 'Signals provider w/o a real account is unserious.'

It looks like an asian scalper to me so in real account conditions it will face lower liquidity and therefore slower execution + slippage + spread widening. On your site you forget to mention that your Alpari UK demo account does not represent the true market conditions because all Alpari UK demo accounts have the spreads of Alpari PRO accounts but w/o the commissions which is a fraud. Based on the facts my conclusion is that your performance in real account could be far away from what is advertised.

I see you're not only collecting performance fee but your investors need to open an Alpari UK account through your IB/affiliate link w/o any notice.

Partially true, partially not:
I run on Alpari UK real (classic) and demo accounts (you can see it in my public accounts). In two of them the same EA is running since 04/24 up to now.
The difference per trade is 0.38 pip between this accounts, but it's not a scalping EA.
And here you are right. With 3.36 pips on demo it is at least not easy to make money on a real account. From my experience you should have at least 7 pips/trade on demo accountfor on long-ertm basis to have a very good chance to earn also money in the real world.
By the way, I would never use a signal service, because I don't want to give my money in a totally black box😎
There are only a few shortcuts in life ....... but for successful trading you have always to go the extra mile
Member Since Feb 16, 2010   1332 posts
May 23, 2011 at 05:16
We should also add the lag in the execution because it's a signals service. It may be milliseconds but in forex milliseconds matter and there could be huge differences between the perfromance of the master and all other slaved accounts.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
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