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Forex Robot World Cup - A Scam?
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Member Since Aug 06, 2009 395 posts
bizWiz
Feb 15 2010 at 11:48
yes, i see your point, but let's imagine for a second an ea works well, while making long-term trades.
theoretically speaking, there isn't a way a broker could somehow decrease it's effectiveness, right? Sleep is for the weak. |
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Member Since Aug 31, 2009 131 posts
Fulltime247
Feb 15 2010 at 12:28
(edited Feb 15 2010 at 12:29 )
Depends on the broker. Long term trades are the safest for broker and trader alike since they give Market Makers a chance to hedge their risk and spread isnt likely to be an issue. Only the worst scam shops will refuse to pay or reverse long-term trades.
It ain't easy being Cheesy! |
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Member Since Dec 22, 2009 8 posts
xanatos
Feb 15 2010 at 12:34
I don't think the widening of spread during asian sessions has been created to stop FapTurbo. It's FapTurbo (and the flock of Asian Session scalpers) that created the widening of spread. Otherwise the 'big and nearly honest' ECN brokers wouldn't have nearly the same spread. This is clearly showed by the increase of volatility of the asian session.
(for biz0101) If you think that your broker is stealing from you you should change your broker, or go to a bigger ECN. With 2-3k$ you can open an accoun on a big-enough ECN broker. Smaller buket-shop brokers are truly the foolgold for the fools, Good only for those that think that 'Make 1,000,000$ from 1,000$ in a month, without risk and without hassle' is something that can be true. And yes, they can ruin your trades... There is always the REQUOTE land :-) |
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Member Since Aug 31, 2009 131 posts
Fulltime247
Feb 15 2010 at 13:12
Market makers widened the spread to combat the EA's on top of the fact that they widened due to the sheer number of EA's piled into that low liquidity session. For a while every new EA copied the FAPTurbo strategy. - When FAP debuted it was a easy winner but it didnt take too long until the copycats showed up and ruined the party. - ODL USA even kicked every FAP trader out the door.
It ain't easy being Cheesy! |
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Member Since Jan 14, 2010 254 posts
James_Bond
Feb 16 2010 at 10:14
Hilarious! Their new video makes it looks as it they've found the holy grail!
What has dna to do with trading? It's beyond me.. <object width='425' height='344'><param name='movie' value='http://www.youtube.com/v/3rzkzVgNd2c&rel=0&color1=0xb1b1b1&color2=0xcfcfcf&hl=en_US&feature=player_embedded&fs=1'></param><param name='allowFullScreen' value='true'></param><param name='allowScriptAccess' value='always'></param><embed src='http://www.youtube.com/v/3rzkzVgNd2c&rel=0&color1=0xb1b1b1&color2=0xcfcfcf&hl=en_US&feature=player_embedded&fs=1' type='application/x-shockwave-flash' allowfullscreen='true' allowScriptAccess='always' width='425' height='344'></embed></object> Don't tell me I didn't warn you.. |
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Member Since Jan 05, 2010 92 posts
PipCollector
Feb 16 2010 at 15:45
(edited Feb 16 2010 at 15:49 )
Those guys are just idiots...
Front page they say: <a href='  '/></a>On another page: <a href='  '/></a>Yes, they're right - we did see all of the marketing tricks before - their's is nothing new. With a $999 price tag and 50% affiliate commission, this is just another pyramid scam.. Patience is a virtue. Attachments:
frwcScam1.png
, frwcScam2.png
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Member Since Jan 14, 2010 254 posts
James_Bond
Feb 16 2010 at 15:54
If someone decides to purchase it, do connect your account here for everyone else to see - I would be very surprised if anyone manages to make a profit with it.
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Member Since Oct 28, 2009 1036 posts
Steve Boardman (stevetrade)
Feb 16 2010 at 18:09
I've purchased it to review it's performance, I'll connect up the account so you can see the results.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature. |
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Member Since Jul 31, 2009 37 posts
pavelr
Feb 16 2010 at 18:15
(edited Feb 16 2010 at 18:22 )
stevetrade posted:
I've purchased it to review it's performance, I'll connect up the account so you can see the results. cant wait! |
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Member Since Oct 28, 2009 1036 posts
Steve Boardman (stevetrade)
Feb 16 2010 at 18:25
Okay I've connected it, enjoy!
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature. |
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