Melissa (By melissa)
| Gain : | -7.57% |
| Drawdown | 65.22% |
| Pips: | 795.0 |
| Trades | 695 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Automated |
Melissa Discussion
Nov 09, 2009 at 06:55
1,688 Views
11 Replies
Dec 05, 2009 at 19:12
(edited Dec 05, 2009 at 19:12)
Quite a few ppl been asking me how i trade. Frankly I really would like to take credit, but i can't, I know next to nothing when it comes to forex. I just enrolled for a programme and it auto trades for me.
Just message me and give me your email address and I will share with you the programme I am using.
Happy Trading!!!
Just message me and give me your email address and I will share with you the programme I am using.
Happy Trading!!!
Dec 06, 2009 at 11:28
The reason I asked for private email to communicate is becoz..... I really dunno how else I can explain to you in just a couple of paragraphs so I need to write to u via email with attachments. You really gotta pardon me for longwinded explanation.
Member Since Sep 04, 2009
879 posts
Dec 06, 2009 at 12:38
Thx for the mail. It turns out that you are on a managed account w/o knowing the EA and its risks and this combined with a snowball-like system for the rebate😲
The EA is hosted by the introducing broker..... its like to hire a child abuser for babysitting LOL
Good luck!
The EA is hosted by the introducing broker..... its like to hire a child abuser for babysitting LOL
Good luck!
forex_trader_7
Member Since Aug 01, 2009
941 posts
Dec 06, 2009 at 23:29
pc8
Man, I look at these figures and shake my head. It should be impossible. But I don't see any obvious problems on the systems page.
Man, I look at these figures and shake my head. It should be impossible. But I don't see any obvious problems on the systems page.
Member Since Sep 04, 2009
879 posts
Dec 07, 2009 at 01:15
they state elsewhere on her pages there is risk to lose 90% of the capital with this EA.... LOL.... fair enough to warn, but the greediest will oversee it, that's for sure
and hosting an EA on brokers server smells more than fishy
and hosting an EA on brokers server smells more than fishy
Dec 07, 2009 at 15:03
Hi pc8multifx,
My introducer told me its hosted by the IB. After reading ur comment, I wrote to them. I was told its hosted & maintained by the EA and not the IB. The IB handles the rebate. You can write to them to confirm. The email is in my mail to you.
The risks are real though. It applies to everyone and every system out there. Well its more like 70% than 90% as the EA will suspend trading of an account and will only be revived with consent of the account owner.
Which EA you recommend? what is your opinion on FAPTurbo? its been generating alot of hype recently. Anyone out there using FAPTurbo?
My introducer told me its hosted by the IB. After reading ur comment, I wrote to them. I was told its hosted & maintained by the EA and not the IB. The IB handles the rebate. You can write to them to confirm. The email is in my mail to you.
The risks are real though. It applies to everyone and every system out there. Well its more like 70% than 90% as the EA will suspend trading of an account and will only be revived with consent of the account owner.
Which EA you recommend? what is your opinion on FAPTurbo? its been generating alot of hype recently. Anyone out there using FAPTurbo?
Dec 07, 2009 at 15:08
Hi Elkart,
The results are real, myfxbook verifies with FXDD. I expect to see some losing trades this month, that is expected. The EA is doin major maintenance and upgrade, So you wont see alot of trades, its been like that for the past 2 weeks. It should pick up speed in January.
cheers!
The results are real, myfxbook verifies with FXDD. I expect to see some losing trades this month, that is expected. The EA is doin major maintenance and upgrade, So you wont see alot of trades, its been like that for the past 2 weeks. It should pick up speed in January.
cheers!
Dec 08, 2009 at 16:16
Hi bauerjj10,
I dun really know how it trades, the system is hosted in a few data centers and automatically send buy/sell signals to the broker, which I have no access. I can just monitor trades using MT4.
From my observation, the EA is technical in nature and fully autonomous, therefore does not look at fundamentals. If you look at my trade history, it puts the S/L at (T/P x 10). I guess it is assuming it will 'most probably' rebound before hitting the S/L. I guess they know from statistics. They probably think that based on 'probability' (In the mathematical sense), we can afford to lose a trade every dozen trade and whats the probability of that 1/12? But I do know for a fact the EA targets small and consistent wins rather than sporadic 'Big Wins'.
Well thats purely my opinion based on my own observation and limited knowledge.
I suggest you go thru my trade history and perhaps give me your opinion?
Whatever the case, the risk is always there.
cheers!
I dun really know how it trades, the system is hosted in a few data centers and automatically send buy/sell signals to the broker, which I have no access. I can just monitor trades using MT4.
From my observation, the EA is technical in nature and fully autonomous, therefore does not look at fundamentals. If you look at my trade history, it puts the S/L at (T/P x 10). I guess it is assuming it will 'most probably' rebound before hitting the S/L. I guess they know from statistics. They probably think that based on 'probability' (In the mathematical sense), we can afford to lose a trade every dozen trade and whats the probability of that 1/12? But I do know for a fact the EA targets small and consistent wins rather than sporadic 'Big Wins'.
Well thats purely my opinion based on my own observation and limited knowledge.
I suggest you go thru my trade history and perhaps give me your opinion?
Whatever the case, the risk is always there.
cheers!
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