NexGen4x: Primus-Alpha Live Account (By jondgls)

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NexGen4x: Primus-Alpha Live Account Discussion

Mar 29, 2011 at 14:11
1,688 Views
3 Replies
Member Since Aug 05, 2010   11 posts
Apr 21, 2011 at 15:36
Please note, the draw down calculation for this account is inaccurate due to the credit bonus.
Member Since Feb 12, 2011   10 posts
Apr 28, 2011 at 19:10
Got a double S2 GRID stop out today, the 2 trades stopped out and then another 2 opened and stopped out aswell, really bad start.
chance
forex_trader_34638
Member Since Apr 21, 2011   13 posts
May 02, 2011 at 19:52
гавно, а не советник
Member Since Jul 05, 2011   305 posts
Jul 22, 2011 at 21:34
Be very careful with this EA. The risk/reward is not justified as the gains are small and the losses large. The reference account is a sham. It shows a profitable EA. What the developer is doing to make the account look better is turning the EA off in unstable market conditions, thus avoiding any losses during these times. In this manner the results are non verifiable as nobody gets the same trades on a consistent basis. In the last month, I have logged at least 5 large losses that are not even listed on their account.

Although when the EA hits, it can increase money fairly quickly, when multiple losses hit, the profit falls even quicker. While I monitored this EA, there was a two week period that profits fell from $3,900, down to $2,200. Much too volital for a real account.

In addition, the developer, while responsive, provides excuses. His site says there is a 7% drawdown maximum when my account experienced over 40%. Avoid this scam.
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