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PipCollector
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VG intraday 5 pairs Bi-directional
in
Trading Systems
Mar 05, 2010 at 14:44
I see.Do you have an exit strategy with which you can close all positions and still keep a big part of your profit?
VG intraday 5 pairs Bi-directional
in
Trading Systems
Mar 05, 2010 at 14:26
Yes, indeed looking at the equity % gives you a different picture.What's the difference between $10K account and $1M ? Do you have a way of maintaining the equity above a certain level? Or is the system's equity just tries to 'chase' the balance?Does it help trading 5 pairs? What's the difference if you were to trade only 2 or 3?
DFXTrade
in
Brokers
Mar 03, 2010 at 19:33
Hilarious!! I did fell off my chair when I read your post.. 😁
Busted!
in
General
Mar 02, 2010 at 19:51
Ok, not sure why it made you so mad so checked your posts history, and what do you know - 3 posts made, and all of them are promoting IamFX.. At least have the decency to come forward and say who you really are.And how would anyone know who creates these videos? Just another reason you're from IamFX.The evidence is over compelling, so no point trying to deny it.
Busted!
in
General
Feb 27, 2010 at 18:12
Yes, you do have a valid point.I have nothing against the broker in question, however this is information that should be shared and stated on their website and not hidden - this is very suspicious in my opinion.
Busted!
in
General
Feb 27, 2010 at 10:01
I know it sounds far fetched, but I still believe in what I've wrote.They have the 3 aspects for a crime:- Means- Motive- OpportunityIf they're hiding the fact it's the same guys, then there must be a reason for this. In any way, this is not an ethical conduct. It's like FXCM or Oanda starting to promote FapTurbo - obviously, it won't add to their reputation.
Busted!
in
General
Feb 27, 2010 at 09:28
Well, how about that..I've been noticing that FapTurbo have moved to another broker IamFX and work only with them now.First it looked strange since this is a new broker, so why would FapTurbo use them? The're supposably showing verified statements since the broker backs them up.Now some suspected that the FRWC are the same guys as the FapTurbo - it now makes perfectly clear.Remember the revolutionary "change the dna of trading" video? If you don't, here a reminder:<object width="560" height="340"><param name="movie" value="http:...
Can the real traders please stand up
in
Experienced Traders
Feb 24, 2010 at 16:16
Hi Elkart.Obviously different people have different views as to how you define a forex trader.The 1% return for 3 months does sound like it's not worth the time spent to make it, however as your investment grows, the return you're targeting for decreases - it's an inverted correlation.50% on a 10K account sounds good, but won't be practical on an account of 100K and more.I'm sure anyone here thought of himself at some point as a trader, or else he wouldn't waste his time with forex.
FRWC - Fusion V - Alpari
in
Trading Systems
Feb 17, 2010 at 13:54
What's their refund policy? Check the fine print, which they must have or else they would go out of business.On the same note, how can they offer a refund? Do they guarantee a certain return per month? How does that work?
FRWC - Fusion V - Alpari
in
Trading Systems
Feb 17, 2010 at 12:05
Yes Steve, you're correct and I do appreciate the fact you're making your test public.Just wanted to point out a possible scenario..
FRWC - Fusion V - Alpari
in
Trading Systems
Feb 17, 2010 at 11:47
The scam part is not the EA. We all know EA's do work for a short period of time.They claim to have paid $150,000 in prizes, however if you contact FXCM or Boston Technologies they state that the "financial agreement cannot be disclosed" which already raises some red flags.What they could have done is fake the first 3 prizes (ie not pay them), and pay only the small winners for $1k each for a total of $10k.So they've actually spend only $10k, got you to send your EA to them for a "chance" to win the $100k and now they get to sell the EA's at $1k a pop, while pay...
FRWC - Fusion V - Alpari
in
Trading Systems
Feb 17, 2010 at 09:12
You have some backtests here:http://www.forex-robot-world-cup.com/frwc_backtests/LMD_Backtest.htmlhttp://www.forex-robot-world-cup.com/frwc_backtests/Official/SUPERVOLCANO.htmhttp://www.forex-robot-world-cup.com/frwc_backtests/Official/HIRIDER.htmhttp://www.forex-robot-world-cup.com/frwc_backtests/Fusion_EURUSD_2008_2010.htmI guess it's with the default settings..
Forex Robot World Cup - A Scam?
in
General
Feb 16, 2010 at 15:45
Those guys are just idiots...Front page they say: <a href='http://www.myfxbook.com/files/PipCollector/frwcScam1.png' target='_blank'><img src='http://www.myfxbook.com/files/PipCollector/frwcScam1.png'/></a>On another page:<a href='http://www.myfxbook.com/files/PipCollector/frwcScam2.png' target='_blank'><img src='http://www.myfxbook.com/files/PipCollector/frwcScam2.png'/></a>Yes, they're right - we did see all of the marketing tricks before - their's is nothing new.With a $999 price tag and 50% affiliat...
Any experience with Rent a Signal service?
in
General
Feb 16, 2010 at 12:33
I'm here because of the quick analysis capability but obviously you can find here ea's and traders who can manage your account.Nevertheless, I'm sure you can agree with me that it's much more reassuring to know who's the real trader behind a system and the fact you can contact him, discuss about his trading and make a much more educated decision unlike on sites where you don't know if it's a real trader behind the system or just a kid who built an ea and has no idea whatsoever about money management.
MT4 offline alert feature
in
Suggestion Box
Feb 15, 2010 at 15:58
Yes, you're definitely a cheaper bastard than me! 😁 Maybe it's even possible to set up custom alerts for balance/tp/sl etc' - I'm sure many will find it useful (I know I will).
MT4 offline alert feature
in
Suggestion Box
Feb 15, 2010 at 15:03
I would definitely use this feature.I've searched on the web, and the cheapest I could find was $25/month for up to 75 messages which is quite steep. I would say a $10 monthly fee or in that area would be great.What do you think Fulltime247? Is it low enough or am I just a cheap bastard? 😄
Any experience with Rent a Signal service?
in
General
Feb 15, 2010 at 09:36
Ray, I did try their service and to tell you the truth, it's really hard to stay profitable with these kind of services.Firstly, the trader makes money off of you even if the trading is non profitable, by collecting the fees, so he's not in your best interest.Secondly, the systems shown are a bit misleading - they don't have any long-term successful systems. The chart might look good, but it's only indicative for a few weeks.Moreover, the connectivity to their platform is vary shaky - it's based on an EA which you must attach to your MetaTrader and keep it open to receive s...
Alpari Demo 03
in
Trading Systems
Feb 14, 2010 at 18:43
Have you tried it?
Alpari Demo 03
in
Trading Systems
Feb 14, 2010 at 18:43
😄 That's an interesting point of view.
Forex Robot World Cup - A Scam?
in
General
Feb 14, 2010 at 16:07
Very interesting!I was really wondering about those guys - they're being advertised almost everywhere though look very suspicious.Has anyone here sent their EA to them?
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