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NexGen4x: Primus-Alpha Live Account (By jondgls)
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NexGen4x: Primus-Alpha Live Account Discussion
Member Since Jul 05, 2011
305 posts
Jul 22, 2011 at 21:34
Member Since Jul 05, 2011
305 posts
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.
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.
*Commercial use and spam will not be tolerated, and may result in account termination.
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