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Forex COMBO System Discussion
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Member Since Sep 20, 2009 180 posts
Ben Scoobert (BenScoobert)
Jun 28 2011 at 14:52
(edited Jun 28 2011 at 14:55 )
Firstly I'd like to state that I am not affiliated with Forex Combo in any way.
I'm a difficult person to convince when it comes to the profitability of EAs for sale, I'm a firm believer in the fact that if you developed something that works then you should be trading it live yourself. I treat backtests as a total waste of my time unless they are done on properly compiled tick data via Birt's method, then and only then if the EA passes 4 years of backtesting does it move onto a demo forward test stage. From that point you have to commit and put up some real money. That said I do understand someone wanting to sell a few copies of an EA/signal service to help build some account equity to trade with, but such a sale should still be based on results from a live account. The seller of this EA has done 1 of these 3 stages from the proof I have seen, but they are expecting you to put up £200/$300 based on that and the usual in your face site and pretty picture of a box. At this stage I would normally dismiss the EA as the usual spam BS, however luckily for the seller someone has actually taken the time to open a live account and run it for a prolonged period. Here http://www.myfxbook.com/members/birt/forex-combo-system-eurusd/50897 It is a nano account and only $50 was commited, but it appears to be more than the seller commited. If you were to buy this EA, I'd set your expectations around what this account has made and not the demo nonsense provided by the seller. From the 3000 or so accounts on myfxbook I have a shortlist of about 7 of which I deem to be real and profitable, that is the reason Birt's version came to my attention and that is the reason for my writing of this post. So Mr. Seller, do yourself and your reputation a favour, open a live account, put in the price of 2 or 3 copies of the EA and open it up to the world on here, public trades viewable and use the new registration method which updates the account every few mins. I think you have one of the few profitable EAs, and you should sell it as such, rather than hiding behind a demo with hidden open trades and slow updates. We have two classes of forecasters: Those who don’t know—and those who don’t know they don’t know. J. K. Galbraith (1908–2006) |
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Member Since Jan 14, 2010 437 posts
primevalea
Jun 28 2011 at 17:41
Money makes more money $ ... $$$ |
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Member Since Sep 20, 2009 180 posts
Ben Scoobert (BenScoobert)
Jun 28 2011 at 17:46
primevalea posted: ??? http://www.myfxbook.com/members/fxcombo/forex-combo-system-pamm-account/52362 ->  Compare the monthly returns and you will quickly see they are not the same method. Then if you wish to dig a little deeper look at the account trade by trade and you will also see they are totally different on entries and exits. We have two classes of forecasters: Those who don’t know—and those who don’t know they don’t know. J. K. Galbraith (1908–2006) |
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Member Since Jul 30, 2010 38 posts
ksnikos2000
Dec 07 2011 at 19:42
They added a new fourth strategy with the name 'EuroRange' . Lets see how it does..
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Member Since Nov 06, 2011 177 posts
tradingshed
Jan 19 at 00:05
Hi, I was wondering if there are any other links to real money live accounts as a reference?
Also, I was reading ack in the forum that the developer had a real money live account set up but cannot see it. The link back then does not work anymore. Any info? Thanks |
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Member Since Sep 20, 2009 180 posts
Ben Scoobert (BenScoobert)
Jan 19 at 06:59
I think you mean Birt's account?
http://www.myfxbook.com/members/birt/forex-combo-system-eurusd/50897 It is a penny account, so his $49.80 initial deposit shows as $4980 We have two classes of forecasters: Those who don’t know—and those who don’t know they don’t know. J. K. Galbraith (1908–2006) |
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Member Since Jan 17, 2012 35 posts
ffflti1
Feb 06 at 21:13
fxcombo posted: https://www.myfxbook.com/members/ffflti1/forex-combo-system-pamm-account/52362 hey all why is he pamm account is deleted and all the peoples account that say on this thread that they buy this system and run it on myfxbook0....all deleted?!?! |
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Member Since Sep 22, 2011 2 posts
Alexandru (kamatz)
Feb 07 at 13:49
BenScoobert posted: I think you mean Birt's account? http://www.myfxbook.com/members/birt/forex-combo-system-eurusd/50897 It is a penny account, so his $49.80 initial deposit shows as $4980 I don't think so. A penny account reffers to the trading lot size (micro account), not the deposits. |
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Member Since Sep 20, 2009 180 posts
Ben Scoobert (BenScoobert)
Feb 07 at 17:28
kamatz posted: BenScoobert posted: I think you mean Birt's account? http://www.myfxbook.com/members/birt/forex-combo-system-eurusd/50897 It is a penny account, so his $49.80 initial deposit shows as $4980 I don't think so. A penny account reffers to the trading lot size (micro account), not the deposits. I stated 'it is a penny account' hence I know, otherwise I'd have said 'I think it is a penny account' Just ask Birt rather than speculating on what I already know to be the truth. We have two classes of forecasters: Those who don’t know—and those who don’t know they don’t know. J. K. Galbraith (1908–2006) |
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Member Since Nov 16, 2011 19 posts
Denis (Dennike)
Feb 23 at 12:45
I no understand why last messages all these people all such quiet? That occurs? The manager - your robot loses money! Money is washed off in a toilet. Be проклят that day when I have bought from them this bot.
At me the huge deposit usd. Why all so easy concern the given situation? That it is all performance here all false persons and intriguers! Let the author fairly admits that it does! I wait also people wait! GO GO five |
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