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FRWC - Fusion V - Alpari Discussion
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Member Since Mar 08, 2010 9 posts
4eggs
Mar 11 2010 at 19:55
@jglefler: perhaps OT, but would you please consider naming these 'big' EA's and with which broker you used them .. and then briefly what happened?
Cheers |
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Member Since Mar 10, 2010 9 posts
jglefler
Mar 11 2010 at 20:54
4eggs posted: @jglefler: perhaps OT, but would you please consider naming these 'big' EA's and with which broker you used them .. and then briefly what happened? Cheers I don't want to be coy about it but I don't even remember some of the names now and another thing is, part of the fault lies with me. I started goofing around with bots over a year ago. Some 'no-name' bots and a few of the most popular bots we have all had endless emails promoting. It was a combination of crappy EAs and my ignorance. It wouldn't be fair of me to hurt the EA companies as the main thing that hurt me with the well known bots was a combination of the bots not being all they are cracked up to be, me setting the bots too aggressively, and the US government being determined to turn the USD into the new Peso at the same time I had a bunch of USD related trades open. If you have an email account and have dealt with FOREX for more than 10 minutes you have had 50 thousand emails pumping the same EAs many of us have tried. So, it wasn't only the bots fault. It was a combination of bots, lack of knowledge, and bad timing in policies out of Washington. Sorry if that's too vague, but I have lost enough in the past year and the last thing I need is one of these companies coming after me for 'hurting' their brand. I guess the bottom line is... if in doubt, don't buy the EA. You can loose a lot more than the cost of the bot. Even if you get your money back via refunded EA cost you can't get your lost deposit back from the broker. |
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Member Since Mar 08, 2010 9 posts
4eggs
Mar 12 2010 at 12:14
Ok that pretty much explains it and a sensible answer it is. Since I am in this thread I have fallen for one of the major marketing pitches myself, if you know what I mean. Have not yet decided whether to get a refund or not but right now a refund seems more probable.
I can appreciate that an EA can have a rough start but my major complains are -SV doesn't set SL -Trades are open over the weekend -generally bad R/R -less than optimal manuals, some settings are very non-descriptive -I generally don't like martingale unless there is some clever SL and MM to it Cheers |
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Member Since Mar 10, 2010 9 posts
jglefler
Mar 12 2010 at 12:36
(edited Mar 12 2010 at 12:37 )
4eggs posted:
I can appreciate that an EA can have a rough start but my major complains are -SV doesn't set SL -Trades are open over the weekend -generally bad R/R -less than optimal manuals, some settings are very non-descriptive -I generally don't like martingale unless there is some clever SL and MM to it Cheers I agree. I am only using HiRider and LMD on my live account. The only EA that wins at least some of the time is HiRider. Fusion and LMD nearly always loose. My demo is only up about $81 after running since day one of Fusion availability. I think my live account is down 20 or 30 bucks. I don't think this is going to work out. |
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Member Since Mar 08, 2010 9 posts
4eggs
Mar 12 2010 at 12:41
And now they are promising a new updated HiRider in order to keep us hooked
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Member Since Sep 04, 2009 786 posts
pc8multifx (pc8multifx)
Mar 12 2010 at 13:11
4eggs posted: And now they are promising a new updated HiRider in order to keep us hooked exactly, scams work this way. Refunding your money is the last thing they'd like to do.... Minds are like parachutes... they work best when open! |
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Member Since Mar 03, 2010 26 posts
msteve000
Mar 12 2010 at 15:19
pc8multifx posted: 4eggs posted: And now they are promising a new updated HiRider in order to keep us hooked exactly, scams work this way. Refunding your money is the last thing they'd like to do.... The last exchange I had with customer service before they involuntarily terminated me was a request for them to extend the guarantee period since they were making so many adjustments to the programming. It changes the conditions of the evaluation. I told them it might cool down the anger a lot members were feeling. They simply replied, 'We can't do that'. Sure they could. Like 4 eggs posted .. keeps you hooked on a promise past the warranty period or have a real chance to to see if the the changes work. |
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Member Since Dec 28, 2009 60 posts
irbis
Mar 13 2010 at 00:35
you cant harass plimus as they wrote.. ''Resolved - Resolved by batch, Customer unresponsive' !!! fOKINEL... get ready for the armada...
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Member Since Feb 24, 2010 59 posts
kelrine
Mar 15 2010 at 11:00
Tomorrow is refund D Day for some of us. Wonder what will happen...........
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Member Since Oct 28, 2009 78 posts
pipdetector
Mar 15 2010 at 12:36
I am glad that I was too lazy to jump for the FRWC offer. It seems that this is just a pack of average EAs sold with exorbitant price tag...
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