Forex Envy v3.2 Ultra/Power (de forex_trader_47717)

Lutilisateur a supprimé ce système.

Discussion Forex Envy v3.2 Ultra/Power

Oct 12, 2012 at 05:26
Vues 6,526
57 Replies
Membre depuis May 24, 2010   posts 371
Oct 19, 2012 at 12:41
Rickyv101 posted:
I am user of Forex Envy from July, It was bad timing, my account was slightly underfund, It blew up while other user no problem.

I was lucky that my account passed Sept/16 bad market, Why? My account have 50% more fund than requirement, it passed Sept/16 with high DD.

Hi YoungChang, You meantioned that you had 7.5K with 5 pairs with 0.01 lots, I might be wrong that you was underfund like me, I had 13K in account /0.01 lots and it blew up while other account with 18K passed, I blew 2 accounts because underfund problem.

I must say that Forex envy is a danger EA with high return, If there are other better EA with good return and safer, Please let me know, I tried other EA too, They are either low return or more risky than Forex Envy.

Regarding complaint on negative basket, I think that it might be broker problem, If you have this problem, try other broker.

I am still using ver 3, It have been very profitable after Sept/16 with low DD, Amazing to me.

I am happy that Ver 3.2 here, I am sure that there are some improvement there.

You are right in everything. Most of it is sad that Forex Envy used Cents accounts. Their loss account 84.973,- : 100 = 849.73,- USD to have for 3 license returned. Super strategy Forex Envy. For cent accounts should also me sleep well. Loss account would not mind.
Membre depuis Apr 18, 2012   posts 45
Oct 24, 2012 at 04:54
WOW the Equity is almost double the balance! I've NEVER seen an EA do THAT before! And the balance is up over 300% already!
I think it's ready for the EA competion! But as good as this is I know it can be even better It's just a matter of fine tuneing..
If you are makeing less than 100% a month you aren't doing it right!
ForexEnvy
forex_trader_47717
Membre depuis Sep 14, 2011   posts 21
Oct 26, 2012 at 16:12
The Ultra strategy uses forex Envy's version of gorilla tactics. We get into the market when it is sideways, and get out before major news moves the market outside of its range. This strategy should not be used with more than 15% of your trading capital in my opinion.

One thing I am concerned about regarding the Ultra project is someone placing a large percentage of their investment capital while running Ultra Mode and blowing their account. We are currently working out the settings and creating a special users manual for Ultra so this strategy can be utilized properly.

Regards,

Team Envy
Membre depuis Jul 30, 2011   posts 1
Oct 27, 2012 at 01:05
The results are so far so good.😉

<a href='https://www.myfxbook.com/members/optik/env3x/376922'><img border='0' src='https://widgets.myfxbook.com/widget?id=376922&type=2&color=red'/></a>


But I feel that it is somewhat unsatisfactory for power 3.2.
Support guy said about 3.2, '40% safety and 15% less profitable compares with 3.0'

Hum...
Back to 3.0 with fine tuning is the way to ....
It's difficult matter for me.
 
 
Membre depuis Dec 22, 2011   posts 18
Oct 27, 2012 at 01:05
ForexEnvy, is that account a cent account? So the $2,000 is, in fact, $20?

Thanks.
Membre depuis Dec 22, 2011   posts 18
Oct 27, 2012 at 01:08
And what settings for $2,000 account? Do you have those settings in the manual? Thanks again!
Membre depuis Jun 24, 2012   posts 69
Oct 27, 2012 at 03:18 (édité Oct 27, 2012 at 03:19)
I am newbie and do not know Forex very much, I know that I have to keep on learning.

I am wondering than power 3.2 that How many level it has? Still 15 or 16?

I am using power 3 and thinking to upgrade to Power 3.2 and hoping that it has level 16.

I saw that Power 3.2 account blew up with short cycle USDCAD crisis, and all money gone.

I was very lucky that my power 3 ( 3 accounts but only 2 had USDCAD crisis) all pass recently short cycle USDCAD crisis with small profits, it will become 4 accounts in few days because smaller accounts seem safer than one big account.

I looked at other skillful Envy user here in this forum's Myfxbook history, He was smart with this USDCAD crisis, He closed the 2 top level trades at lost with 33% lost then Power 3.x had room for 2 more level and it made 20% profits, His account ended up with 13% lost instead margin call and all money gone.

I was margin call twice and all my money was gone, If I knew this trick, I would lost portion of my money not all.














 
Membre depuis Apr 18, 2012   posts 45
Oct 29, 2012 at 12:00
Breaking your accounts into smaller accounts increases your profits AND risk. Larger accounts have a lower ROI but have less drawdown. The only way to increase profits and lower risk at the same time is to trade with the market and I don't know of any EA that does that. I can't for the life of me figure out why all these brilliant minds can't see that.
If you are makeing less than 100% a month you aren't doing it right!
ForexScam
forex_trader_32776
Membre depuis Mar 28, 2011   posts 1008
Oct 29, 2012 at 12:38
tneedham posted:
 with the market

please PM me with your definition of 'With the Market' and I'll code it into one of the variable logics in Forex Identity. We then can have the option to use the logic with dynamic TP settings and then choose to use the Dynamic Grid to average In if we like.
Membre depuis Jun 24, 2012   posts 69
Oct 29, 2012 at 16:03
Hi tnedham:

What you are saying is right for general EA, I would like to explain little bit more detail.

I am very new, I have been testing Forex Envy for couple months, I blew up my big accounts few times but at the same time, Forex Envy's showcase big accounts did not blew up.

I spread my live big accounts to small accounts, I find that it produces same return but lower risk because, When crisis came, It didn't happen to all accounts, also some brokers are more friednly to Forex Envy, by filtering those high DD broker, my small accounts seem slightly safer and it passed few crisis recently while I checked on Myfxbook, some live users suffer with crisis.

I am not coder, I must agree with you that better method in EA is the best for higher ROI and lower drawdown, and it is what we are looking for and hope that Forex Envy can hear us and improve their products for high ROI and lower drawdown








Membre depuis Jan 22, 2012   posts 9
Oct 31, 2012 at 22:07
I have only 2 words for this: wow.
ForexEnvy
forex_trader_47717
Membre depuis Sep 14, 2011   posts 21
Nov 03, 2012 at 07:12
Ultra Mode definitely has a 'wow' factor, but keep in mind it is a high risk strategy the MUST be used in conjunction with proper money management. Withdraws several times a week will probably be necessary when using Ultra Mode. We also do not recommend anyone use Ultra with more than 15% of their entire investment capital because this mode is so aggressive and caries such a high level of risk.

Ultra will be included in Forex Envy version 3.3 which will be released in November, 2012.

Regards,

Team Envy
alex19771977
forex_trader_89122
Membre depuis Aug 26, 2012   posts 2
Nov 03, 2012 at 17:28
Thanks Robert for excellent show, really impressive!
Membre depuis Jun 28, 2010   posts 64
Nov 06, 2012 at 06:13
Hi Robert and TeamEnvy ... , for some reason MFXbook results are not published anymore ... you can PM me if it is top secret .. ,
;-)) , I think you blown the LP and now fighting to get your money from the broker .. and take some vacations abroad.

Already eated the nails of all my fingers ... waiting for 3.3.
Membre depuis May 31, 2012   posts 9
Nov 07, 2012 at 16:07
I've lost 1100usd on their pamm account , in less than two months. Didnt have time to withdraw any profit ! Be careful and keep ur money in your pockets newbies. There are loads of free alternatives and safer. Like totalgrid.it and FGT. Didnt try this envy alternative from pipinvestment yet.
Membre depuis Sep 13, 2012   posts 4
Nov 08, 2012 at 10:02
RhMJ, my firend, TotalGrid busted my account in the same black Friday Envy PAMM busted. Unless a new more secure version of Total Grid came out that I´m not aware of. Since that time in September, I´ve never used Total Grid again.

Cheers
ForexEnvy
forex_trader_47717
Membre depuis Sep 14, 2011   posts 21
Nov 08, 2012 at 17:23
I'm sorry to hear about your loss RHMJ. We have created a new PAMM with a zero performance fee to try and recoup some of the losses our PAMM members experienced. We started the account with $57,000 of our own money.

With Ultra we recommend using no more than 15% of your investment capital so no matter what happens in the market you will never lose more than 15% even if you do not have a chance to withdraw any profits.

Regards,

Robert
Membre depuis Aug 22, 2009   posts 390
Nov 08, 2012 at 19:25
Robert!!!!

You gave so much damage to myfxbook and Forexpeace members. As I mentioned before You made good money for selling your crab funk EA. My money (a couple hundred $) is included in it.
You did not refund it to me, you said it passed 30 days.

Now you are trying to recruit another members in this forum?
If it is that much good EA, You can be Millionaire pretty soon, I am so curious How much money do you need more?

If you need too much more, Please get a loan from the BANK OK?
It is my a penny advice!!!!!
Good Luck.
youngchang@
ForexEnvy
forex_trader_47717
Membre depuis Sep 14, 2011   posts 21
Nov 09, 2012 at 07:09
Our refund policy is for 30 days. I am sorry if you experienced a loss after your first month of profits. I do believe in my system. Why else would I place $58,000 into our PAMM? Because I don't trust my system?

Forex in general is high risk. Our system has good returns, but like any other EA on the market it has risks.

Robert

Membre depuis Jul 23, 2012   posts 23
Nov 09, 2012 at 09:11
@youngchang : Robert has every right to be here on myfxbook !! The team at Forexenvy told everyone that Envy was martingale and anyone with some experience in forex knows what martingales can do ....

You are no one to tell him to stop talking about Envy just cause you did'nt understand the risks ....

The only issue I have with current Envy versions is that one cannot justify the risks associated .... The accounts normally get blown out before recovering the original investment .... so you never make any money ....

That being said, Robert and his team are trying to improve the odds .... Users like BB have given very valuable inputs in this regard .... I HOPE ROBERT WILL INCORPORATE THE IDEAS GIVEN BY FOREX ENVY MEMBERS IN THE WAKE OF SEPTEMBER'S EVENTS ....

P.S: You can check my accounts (Real $) running envy if you want .... I lost money big time as well .... I knew the risk involved though .... so won't blame Robert for my losses ... will just ask him to work to improve the odds ....
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