sPhantom Auto Trader (By sPhantom)
| Gain : | +694.0% |
| Drawdown | 91.94% |
| Pips: | 1266.4 |
| Trades | 261 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:400 |
| Trading: | Automated |
sPhantom Auto Trader Discussion
Nov 07, 2013 at 07:02
cowpoop posted:
This system and vendor has been on Myfxbook many times.
Before sPhantom there were these.
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com
https://www.forexpeacearmy.com/metatrader_expert_advisor/fx_papa/real
https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/metatrader_expert_advisor/cyber_forex/real
Good luck with your outcome.
Great finding. Finally truth revealed . Just a matter of DD, when this site also disappears . 10 pip TP for 250 SL is definietly an account crasher. If you look at the recent DD's you can see it was just plain luck. Do not expect such luck forever..
Member Since Oct 06, 2013
19 posts
Nov 07, 2013 at 07:32
Hi sPhantom,
I purchased your product yesterday and sent your support address an email this afternoon at 13:40 UK time and have not yet had a response.
Can you advise when I should hear back please?
QAoM
I purchased your product yesterday and sent your support address an email this afternoon at 13:40 UK time and have not yet had a response.
Can you advise when I should hear back please?
QAoM
Nov 07, 2013 at 07:36
cowpoop posted:forexpeacearmy knows they're not the same. lol you've been in forexpeacearmy too. Nice try.
This system and vendor has been on Myfxbook many times.
Before sPhantom there were these.
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com
https://www.forexpeacearmy.com/metatrader_expert_advisor/fx_papa/real
https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/metatrader_expert_advisor/cyber_forex/real
Good luck with your outcome.
Nov 07, 2013 at 12:26
cowpoop posted:how did you found that its the same EA as fxpapa?
Here is a good discussion on sPhanton when he was trading under FXPapa - 63 page discussion - https://www.myfxbook.com/community/trading-systems/fxpapa-expert-advisor/211025,1
forex_trader_159748
Member Since Oct 31, 2013
102 posts
Nov 07, 2013 at 13:16
sPhantom posted:husar2003 posted:
risk Settings :
There is no EA in the market (or is ?) that has a 10% default setting fpr risk, i wonder this to be the default.
Lot size does not count alone . My leverage is 1:10 and my brokers minimum lot size is 0.1.
5% caused a 2 * 0.3 LOT (successful) deal last night.
I will allow 0.2 to 0.4 in total at this point.
Probably i have to divide risk factor by 10 to come down to LOT size 0.1 or 0.2.
I reduced today to risk value 2%.
Let's see what LOT size will be opened next.
(of course i could use fixed size, but if accout grows this should be adapted automatically and i like to understand this risk value)
'sudden close' issue :
As mentioned it opened 2* 0.3 LOT BUYS on setting 5% risk last night
and worked fine. No technical 'immediately close' occurred.
Hi
Based on your leverage the maximum acceptable risk for your account is 4.
Regards
Thanks fpur yout for advise.
I tried 2% and it opened 0.1 (i had to try this for myself to see how to come get down the size).
With two positions i habe a total of 0.2
Thinking on about setting to 2%. Might get a 0.2 LOT size i guess on my account.
Nov 07, 2013 at 13:40
cowpoop posted:
Here is a good discussion on sPhanton when he was trading under FXPapa - 63 page discussion - https://www.myfxbook.com/community/trading-systems/fxpapa-expert-advisor/211025,1
This is a big lie.
We don't have any other brand.
Please prove what you say.
Nov 07, 2013 at 14:23
quietairofmenace posted:
Hi sPhantom,
I purchased your product yesterday and sent your support address an email this afternoon at 13:40 UK time and have not yet had a response.
Can you advise when I should hear back please?
QAoM
Dear QAoM
We always answer all emails. May be we have not received your email.
Would you please send it again? Also please send your email address by private message on myfxbook.com.
Regards
Member Since May 08, 2012
321 posts
Nov 07, 2013 at 17:53
Cowpoop, you (and that highly appropriate name) just never cease to amaze me. Our paths continually cross because we both look for the best performing systems. I use them to make money. You use them to bitch, moan, groan, complain. pontificate, and to black ball everything and anything that is working at the moment. You use your mighty unicorn, sword, and shield to critique because it won't work forever or didn't work forever or is similar to something in the past. I looked up your name because surely, someone as knowledgeable and vocal as yourself trades something successfully, right? Wrong! No trading, no systems testing, just bitching. So pull up a chair and learn a little something there cowshit...
1) Nothing works forever.
2)Trade what is working now and manage your portfolio risk.
3) Keep looking for and testing systems. Yes, it costs money. It is the price of admission. The price of success.
3) If you only track the fact that an account blows out without tracking the successes between those blowouts, then you will never succeed in this game.
4) If you cant see that, even if the account blows out tomorrow, that a 700% interim gain is frigging awesome, then there is no hope for you.
5) The account may blow out tomorrow. That's the risk you take for 40% a month. Don't put all your eggs in one basket.
6) There is no such thing as high return, no risk. Grow up.
7) Capture your profits weekly and transfer them into a holding account. Do not compound. Compounding is a fools game with these systems. When the system does eventually fail, you will be miles ahead of the rest of the traders.
8) If this was easy, everyone would be doing it and the reward would no longer be there.
9) Those that can, do. Those that can't, bitch a lot.
Now be a man, use your 'wisdom' in the selection process and plunk down a couple hundred bucks on something, start testing, and share your results like the rest of us.
1) Nothing works forever.
2)Trade what is working now and manage your portfolio risk.
3) Keep looking for and testing systems. Yes, it costs money. It is the price of admission. The price of success.
3) If you only track the fact that an account blows out without tracking the successes between those blowouts, then you will never succeed in this game.
4) If you cant see that, even if the account blows out tomorrow, that a 700% interim gain is frigging awesome, then there is no hope for you.
5) The account may blow out tomorrow. That's the risk you take for 40% a month. Don't put all your eggs in one basket.
6) There is no such thing as high return, no risk. Grow up.
7) Capture your profits weekly and transfer them into a holding account. Do not compound. Compounding is a fools game with these systems. When the system does eventually fail, you will be miles ahead of the rest of the traders.
8) If this was easy, everyone would be doing it and the reward would no longer be there.
9) Those that can, do. Those that can't, bitch a lot.
Now be a man, use your 'wisdom' in the selection process and plunk down a couple hundred bucks on something, start testing, and share your results like the rest of us.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
forex_trader_159748
Member Since Oct 31, 2013
102 posts
Nov 07, 2013 at 17:55
1st :
sphantom, just write once 'We are not related to any companies indicated in the link list and stop discussion here'.
Then do not react anymore on the entreis because, if you are not related, this might be a troll to hurt your business.
2nd: sphantom ea just gave me on other successfull SELL trade before EURZSD being dumped down to 1.33
sphantom, just write once 'We are not related to any companies indicated in the link list and stop discussion here'.
Then do not react anymore on the entreis because, if you are not related, this might be a troll to hurt your business.
2nd: sphantom ea just gave me on other successfull SELL trade before EURZSD being dumped down to 1.33
Nov 07, 2013 at 18:05
Mouradh posted:its the strategy. the EA has a TP of 10pips, and its fine like this.
Dear Sphantom.. the last trade track shows that price went in your favor for 137 pips, but EA didn't close the trade then, it waited and closed it only for profit of 9 pips! what's the point???
trying to get more may results in more losses... as you increase the risk.
when you'll see a reverse signal just after the 10pips target, you will be happy to have the EA just trying to get 10pips and not more...
Nov 07, 2013 at 22:27
I want to mention here for the last time that we are not related to any other website or company, at the past and at the moment.
Also I want to thank @Michigander for his honest recommendations.
This is not a risk free system. Invest money you can afford to lose.
Also I want to thank @Michigander for his honest recommendations.
This is not a risk free system. Invest money you can afford to lose.
Member Since May 08, 2012
321 posts
Nov 07, 2013 at 22:39
Between You and panpan123
panpan123
panpan123 4 Hours ago
Can you share sphantom EA? Thank you, I can decompile it
Michigander
Ken Grakauskas (Michigander) a moment ago
Why would I do that to a successful EA? Why would I want to pay, to give it to you, so you can dilute my profits with a bunch of other users?
I guess there is scum on both sides of the developer and user fence, eh?
panpan123
panpan123 4 Hours ago
Can you share sphantom EA? Thank you, I can decompile it
Michigander
Ken Grakauskas (Michigander) a moment ago
Why would I do that to a successful EA? Why would I want to pay, to give it to you, so you can dilute my profits with a bunch of other users?
I guess there is scum on both sides of the developer and user fence, eh?
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Nov 07, 2013 at 22:39
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.
What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!
What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..
Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad
Yes, I know..small profits and small risk are better than the bigger ones.
What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!
What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..
Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad
Nov 07, 2013 at 22:58
Michigander posted:
Between You and panpan123
panpan123
panpan123 4 Hours ago
Can you share sphantom EA? Thank you, I can decompile it
Michigander
Ken Grakauskas (Michigander) a moment ago
Why would I do that to a successful EA? Why would I want to pay, to give it to you, so you can dilute my profits with a bunch of other users?
I guess there is scum on both sides of the developer and user fence, eh?
I got the same stupid request. Didn't bother to waste my time responding. panpan123: If you want the EA, do what the rest of us did. Plop down $300 and get it yourself.
"Risk means more things can happen than will happen."
Nov 08, 2013 at 09:32
Mouradh posted:
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.
What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!
What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..
Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad
Not true. The trade closed as soon as it reached TP. I've been at my charts at that moment and saw it. But some brokers did have problems during the big move.
forex_trader_159748
Member Since Oct 31, 2013
102 posts
Nov 08, 2013 at 13:42
mrkmrk posted:My deal was 22.9 PIPS. Sure could me more. But if prices movefaster than quarks in space than a fine profit is better then landing in brokers chaos bin with loss ;)Mouradh posted:
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.
...
Mourad
Not true. The trade closed as soon as it reached TP. I've been at my charts at that moment and saw it. But some brokers did have problems during the big move.
11.07.2013 01:46 11.07.2013 13:45 EURUSD Sell 1.35085 1.34856 22.9 11h 59m 0.36%
Nov 08, 2013 at 13:43
Mouradh posted:It is really up to the broker. Most brokers have slow execution. Which takes some time to close trades and open trades.
Hahaaa
Yes, I know..small profits and small risk are better than the bigger ones.
What I meant is: the price first made a huge move in your favor [+130 pips] then retraced back to 10 pips and the software closed the trade.
It means: we had initial 10 pips move that the EA didn't react to and it reached 130 then came back to 10, only then the EA reacted and closed the trade.. So I'm not asking why the software didn't stay in the trade, I'm asking: Why it didn't close earlier at 10 pips and waited to move 130 pips [in our favor] then came back to 10 pips!
What I'm afraid of: The EA stopped responding due to the quick move. When it does this in our favor, it's OK.. but If the same happened when the trade is heading towards the SL.. this would be dangerous..
Thank you for being patient, although I'm still watching and didn't buy the EA yet.
Mourad
Choose a fast execution broker.
My broker does the same. I know it sucks. Look at the journal tab. You will see 'request in process' which takes like 2~3 seconds on my broker's part.
