GenialRevolution High Risk (By genialinvest)
Gain : | -99.79% |
Drawdown | 99.96% |
Pips: | 18189.1 |
Trades | 645 |
Won: |
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Lost: |
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Type: | Real |
Leverage: | 1:100 |
Trading: | Automated |
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GenialRevolution High Risk Discussion
May 06, 2012 at 09:06
Member Since May 24, 2010
371 posts
May 09, 2012 at 02:17
Member Since Aug 20, 2011
588 posts
well...
Jarora posted:
Very bad EA!!!
https://www.forexpeacearmy.com/public/review/www.genialinvest.com
https://www.forexpeacearmy.com/forex-forum/forex-software/14694-genialinvest-com.html
https://www.myfxbook.com/community/trading-systems/genialinvest/95190,1#?pt=2&p=14&o=95190
GenialInvest worked fine during a long period and drop everything.
now, its a new account with a new trading system... so before posting bad comments, wait and see how the new system works...
they certainly learned from their previous bad results
May 09, 2012 at 05:38
Member Since May 24, 2010
371 posts
willgart posted:
well...
Jarora posted:
Very bad EA!!!
https://www.forexpeacearmy.com/public/review/www.genialinvest.com
https://www.forexpeacearmy.com/forex-forum/forex-software/14694-genialinvest-com.html
https://www.myfxbook.com/community/trading-systems/genialinvest/95190,1#?pt=2&p=14&o=95190
GenialInvest worked fine during a long period and drop everything.
now, its a new account with a new trading system... so before posting bad comments, wait and see how the new system works...
they certainly learned from their previous bad results
I do not know whether to believe them when deceived many people. The strategy has not changed. Just looked at the history.
May 09, 2012 at 16:25
Member Since Jan 26, 2010
44 posts
A word of caution to everyone - be extremely careful with these people. They blew accounts twice in the past and people lost a tremendous amount of money.
After the first time they convinced people it was a mistake, blamed it on a number of factors, and went back into business. They then blew the second account merely a few weeks later.
There was an extremely haughty attitude when many traders informed them that they heading into bad territory and making big mistakes, yet they disregarded all words of caution, and continued with the positions rather than take small losses.
There was one person who had written on their blog that he had somewhere in the region of 100,000 and he lost all of it.
As the famous expression goes, fool me once - shame on you, fool me twice, shame on me. Well, this is the third time folks, so I wouldn't be too quick to jump in.
I have been in the forex business for about 10 years, and never once written negatively about any provider. However, I feel compelled to do it this time as a duty to fellow traders that may put hard earned money into this trading style that inevitably leads to a great loss of funds.
Since they make a portion of your profits, they have no risk and all gain. If they blow up your account, they aren't out of pocket one penny and you have lost so much money. Yet, if you make, they receive a portion so they have an incentive to risk big to make more for themselves, and they know they will never lose they own personal funds.
Good luck to all, and remember trading is a marathon, not a sprint. Slow and steady does the trick
After the first time they convinced people it was a mistake, blamed it on a number of factors, and went back into business. They then blew the second account merely a few weeks later.
There was an extremely haughty attitude when many traders informed them that they heading into bad territory and making big mistakes, yet they disregarded all words of caution, and continued with the positions rather than take small losses.
There was one person who had written on their blog that he had somewhere in the region of 100,000 and he lost all of it.
As the famous expression goes, fool me once - shame on you, fool me twice, shame on me. Well, this is the third time folks, so I wouldn't be too quick to jump in.
I have been in the forex business for about 10 years, and never once written negatively about any provider. However, I feel compelled to do it this time as a duty to fellow traders that may put hard earned money into this trading style that inevitably leads to a great loss of funds.
Since they make a portion of your profits, they have no risk and all gain. If they blow up your account, they aren't out of pocket one penny and you have lost so much money. Yet, if you make, they receive a portion so they have an incentive to risk big to make more for themselves, and they know they will never lose they own personal funds.
Good luck to all, and remember trading is a marathon, not a sprint. Slow and steady does the trick
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
May 11, 2012 at 03:02
Member Since Feb 11, 2011
1916 posts
ther is nothing changed ,same system
willgart posted:
well...
Jarora posted:
Very bad EA!!!
https://www.forexpeacearmy.com/public/review/www.genialinvest.com
https://www.forexpeacearmy.com/forex-forum/forex-software/14694-genialinvest-com.html
https://www.myfxbook.com/community/trading-systems/genialinvest/95190,1#?pt=2&p=14&o=95190
GenialInvest worked fine during a long period and drop everything.
now, its a new account with a new trading system... so before posting bad comments, wait and see how the new system works...
they certainly learned from their previous bad results
May 11, 2012 at 10:44
Member Since Aug 20, 2011
588 posts
I'm curious...
how did you know that nothing changes?
they no longer use their old signals... so no way to compare both at the same time...
for sure when you found a good strategy you don't change it a lot. you fine tune it.
this could appear to be the same, but here, not possible to confirm.
how did you know that nothing changes?
they no longer use their old signals... so no way to compare both at the same time...
for sure when you found a good strategy you don't change it a lot. you fine tune it.
this could appear to be the same, but here, not possible to confirm.
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
May 15, 2012 at 21:18
Member Since Feb 11, 2011
1916 posts
we're assisting at a heck of a dd..same system...
May 15, 2012 at 21:30
Member Since Aug 20, 2011
588 posts
I agree, there is a beautifull DD... I don'T understand these systems opening trades in the same direction all the time. works only with small lots and a martingale system... a trend follower system must have a good SL strategy instead of a hope strategy... :)
May 18, 2012 at 13:03
Member Since Jan 26, 2010
44 posts
Nobody can say they were not warned. As the famous expression goes, 'fool me once, shame on you, fool me twice shame on you, fool me three times, shame on ME' - This is their third round. The first two ended in accounts going to zero. If you trust them again then you are the fool. No doubt about it. Good luck - you will need it!
May 23, 2012 at 18:25
Member Since Jan 26, 2010
44 posts
Good luck to all those that trusted them again - you are going to need it. As of this minute, the equity on the account is at a mere 15%. If a miracle happens, and the euro turns now you are in luck, but if not, its bye bye for the fourth time for these guys. Here is a picture of the equity to prove it - https://screencast.com/t/pQocld5so0O
forex_trader_67750
Member Since Mar 01, 2012
173 posts
May 23, 2012 at 19:18
(edited May 23, 2012 at 19:19)
Member Since Mar 01, 2012
173 posts
correct
Grid = Trading the Hope = Suicide
Grid = Trading the Hope = Suicide
erica123 posted:
Good luck to all those that trusted them again - you are going to need it. As of this minute, the equity on the account is at a mere 15%. If a miracle happens, and the euro turns now you are in luck, but if not, its bye bye for the fourth time for these guys. Here is a picture of the equity to prove it - https://screencast.com/t/pQocld5so0O
Member Since Sep 15, 2011
2 posts
forex_trader_67750
Member Since Mar 01, 2012
173 posts
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