sPhantom Auto Trader Discussão

redliner posted:
I was planning to buy end of the month.
And, if this EA doesn't suddenly stop, I will still do so.

I don't know if you guys saw this, but you can request a personal mod to the EA with an emergency SL of your choosing.

For me, I'll probably have it reduced to 100 pips, and trade at 15-20% @1:400.
even at 200% in 10 months, it still beats most out there.

I'll keep an eye on the recovery for 2-3 months.

Please keep posting here on how they handle news days from now on. If they stop trading during FOMC, or if they trade in the direction of the news, after the news is out. Such stuff.

redliner: I am running the EA on demo: 'Anubis-sPhantom after da crash' on myfxbook. You can track it there if you like, Also, you can follow the upcoming news events on www.forexfactory.com Just go to their calender. I would still recommend disabling the EA prior to news if running on live acct. I did that last week and saved my acct. On my demo, I'm going to let it run during the news, to see if any changes were made in their trading strategy. 😄

Cheers

redliner posted:
I was planning to buy end of the month.
And, if this EA doesn't suddenly stop, I will still do so.

I don't know if you guys saw this, but you can request a personal mod to the EA with an emergency SL of your choosing.

For me, I'll probably have it reduced to 100 pips, and trade at 15-20% @1:400.
even at 200% in 10 months, it still beats most out there.

I'll keep an eye on the recovery for 2-3 months.

Please keep posting here on how they handle news days from now on. If they stop trading during FOMC, or if they trade in the direction of the news, after the news is out. Such stuff.

Cheers

Anubis posted:
redliner: Also, I have the modified version with SL at 100, and risk at 30 to see what happens.

Jarora posted:

teuteux13 posted:
this ea is the same as FXpapa and FX helm.

The autor disappear always and it s changing the name of his ea every year.

After he will never answer you.

Same strategy and same copier.

Be very carefull!!

Yes it is same strategy and vendor. Look this:

https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com

https://www.simplywhois.com/whois/sphantom.com
https://www.simplywhois.com/whois/fxpapa.com
https://www.simplywhois.com/whois/Cyber-Forex.com
https://www.simplywhois.com/whois/fxhelm.com

The same address:

Registrant:
Contact Privacy Inc. Customer
96 Mowat Ave
Toronto, ON M6K 3M1
CA
+1.4165385457

Jarora posted:

Jarora posted:

teuteux13 posted:
this ea is the same as FXpapa and FX helm.

The autor disappear always and it s changing the name of his ea every year.

After he will never answer you.

Same strategy and same copier.

Be very carefull!!

Yes it is same strategy and vendor. Look this:

https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com

https://www.simplywhois.com/whois/sphantom.com
https://www.simplywhois.com/whois/fxpapa.com
https://www.simplywhois.com/whois/Cyber-Forex.com
https://www.simplywhois.com/whois/fxhelm.com

The same address:

Registrant:
Contact Privacy Inc. Customer
96 Mowat Ave
Toronto, ON M6K 3M1
CA
+1.4165385457

Also fell as their FxPapa. Earned on the sale sPhantom and not on trading account.

https://statements.forexpeacearmy.com/zzstopped_fx_papa_real/statement_new.htm

corre71 posted:
Hmmm, plus let me explain my point of view! First to take every months the gains suppose u have gains and is recommended with grid martingale strategies, which, if well coded, are profitable in the long run with DD in order of 40%. Second someone is thinking that the short message from the vendor means something: it' s only because some have requested refund to Avangate which have stress ed them. Third if u ever used a profitable ea must knows that the s/l are intended ususally for safety reasons only, the trades only sometimes reach the s/ values (also if tight at only 50 pips). Pls, take the time to review the history of trades of the profitable ea u want and look in the history how many Times trades reached the full sl. Trades are closed earlier based on the algoritms of the ea, but here the ea exists? I have bought this (i cannot use the term ea) only because i saw in the history the worst trade was at -23 pips and the vendor stated many Times 200 pip sl was only for safety reasons. I was not complaining nothing if sphantom took 10 losing trades in a row of 20 - 30 pips, an ea does not necessarily need to be profitable, but here i do not see any ea, any support, only smoke. Pls, opening ur eyes and stop to dream! Jarora was right

Jimmeh, lucky don't last for ever. If u read their website u see celar la stated that this Spahntom don't need any intervention by the users. I know the risk batter than u and so my risk was at 3. If someone sell u a banana a nd in your bag u find a mushroom i think u will ask a refund. Also look strange that u registered in myfxbook few minutes before posting ur suspect post, jimmeh or maybe Brenton or aka the way u with to call u. This is a scrap and the people Who do not under stand this or are sleeping or are in some way involved. Strange that u poster only now, where u was last weeks?

UncleSteve posted:
@corre71: Jarora is a nutbar make-money-onliner who trashes anything that he doesn't have on his crappy affiliate site.

@jimmeh: I'd go further than you although you're right: cutting losing trades at 50pips wouldn't have made an improvement. However, the money management issue isn't really about number of pips. The problem is, there wasn't any money management at all.

Having paid for this EA I'll use it again (but only on profits and in its own account) on condition I can set MM parameters. In my case that means a stop loss that makes sense and a trailing stop to close the trade. Otherwise I put it down to experience, never again buy an EA that doesn't allow me to set MM, and walk away.

Oh, and I still wouldn't get any advice from Jarora...

forexpipcatcha posted:
well derr that's news you and everyone knew of in fact that is what happens when you trust a non experienced and non proven loser like sPhantom who copies trades and alters them rather than a professional. All these fly by EA's with a risk to reward so big like this one of 25:1 always last for a short term (i.e less than a year) and anything lasting a long time certainly wouldn't have such an bad risk to reward...
and I can help myself! 😀

Jimmeh posted:

corre71 posted:
Hmmm, plus let me explain my point of view! First to take every months the gains suppose u have gains and is recommended with grid martingale strategies, which, if well coded, are profitable in the long run with DD in order of 40%. Second someone is thinking that the short message from the vendor means something: it' s only because some have requested refund to Avangate which have stress ed them. Third if u ever used a profitable ea must knows that the s/l are intended ususally for safety reasons only, the trades only sometimes reach the s/ values (also if tight at only 50 pips). Pls, take the time to review the history of trades of the profitable ea u want and look in the history how many Times trades reached the full sl. Trades are closed earlier based on the algoritms of the ea, but here the ea exists? I have bought this (i cannot use the term ea) only because i saw in the history the worst trade was at -23 pips and the vendor stated many Times 200 pip sl was only for safety reasons. I was not complaining nothing if sphantom took 10 losing trades in a row of 20 - 30 pips, an ea does not necessarily need to be profitable, but here i do not see any ea, any support, only smoke. Pls, opening ur eyes and stop to dream! Jarora was right

Jimmeh, lucky don't last for ever. If u read their website u see celar la stated that this Spahntom don't need any intervention by the users. I know the risk batter than u and so my risk was at 3. If someone sell u a banana a nd in your bag u find a mushroom i think u will ask a refund. Also look strange that u registered in myfxbook few minutes before posting ur suspect post, jimmeh or maybe Brenton or aka the way u with to call u. This is a scrap and the people Who do not under stand this or are sleeping or are in some way involved. Strange that u poster only now, where u was last weeks?

lol ah the old you only just joined so must be aligned with sPhantom. Please. So you know the risks better than I hey? Firstly the 200 sl is actually 250, and the time it made -23 pips it had a drawdown 100 pips and 65 pips running before recovering.... luckily!

Even with this catastrophe the sPhantom account on here is 200% up in under a year... although running at your risk settings that would be 20% lol, but you appear to be chucking all your toys out of the pram. If your risk was at 3 then you lost like 8%. Your beloved Wally lost 7.33% in one trade back in mid 2012 yet you still think that is a good thing yes? Sorry to be harsh but yours seems to be an over-reaction and it is the type of attitude that would see the ea disappear for all, rather than try to improve it for the benefit of everyone. I know it looks like I'm defending them and well I am I guess, but there is no doubt that the trade that was made was completely stupid and there is no defending that! Risking massive loss for a 10 pip gain just before a huge news event is ridiculous and hence why I closed it.

Lastly I actually copied all the data from myfxbook into an excel spreadsheet to see if a customisable or lower emergency stop loss would be a better thing using the drawdown data, but the truth is this was the first time where a shorter stop loss would make the overall account any better. So people calling for trades to be culled at 50 pips or something would see the account looking very dismal and the ea would look like junk. Forex is risky stuff, if you can't handle losses, don't trade forex! Simple.

redliner posted:
I was planning to buy end of the month.
And, if this EA doesn't suddenly stop, I will still do so.

I don't know if you guys saw this, but you can request a personal mod to the EA with an emergency SL of your choosing.

For me, I'll probably have it reduced to 100 pips, and trade at 15-20% @1:400.
even at 200% in 10 months, it still beats most out there.

I'll keep an eye on the recovery for 2-3 months.

Please keep posting here on how they handle news days from now on. If they stop trading during FOMC, or if they trade in the direction of the news, after the news is out. Such stuff.

Cheers

Anubis posted:
Well Guys, took the EA offline. Also closed the account with Traders Way (thinking of changing brokers anyway). Since some EA's have a hard time with large balances, going to run this one on demo with a small balance. Doubt if it will make any difference since the EA itself is not balance oriented. We'll see. I believe the EA itself is not to blame for last weeks big loss. It was whoever pulled the switch at the other end to open such a badly timed trade to begin with. Like the old saying goes 'Rule number one: Don't trade the news. Rule number two: Refer to Rule number one'. Good luck in the future Guys. Joseph (Anubis).

sPhantom posted:
Dear Clients

We as you have very hard moments.

We are creating a new update for this EA.

We will let you as soon as it gets ready.

We have about 1000 unanswered email. Please be patient. We will answer all of them. It may take up to 1 week.

Thanks for your support.


Regards