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Live Pamm Account (By Sphinx_FX)

The user has deleted this system.

Live Pamm Account Discussion

Nov 22, 2016 at 08:01
529 Views
13 Replies
Member Since May 25, 2011   36 posts
Dec 19, 2016 at 05:34
PM me for more details about the EA
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since May 25, 2011   36 posts
Jan 04, 2017 at 17:36
150% return achieved!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since May 25, 2011   36 posts
Jan 07, 2017 at 15:19
Great performance, 170% of profit and growing! PM me for more details!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since Dec 22, 2016   102 posts
Jan 08, 2017 at 09:01
very high drawdown.
you should consider safe trading in order to keep it going in long run.
Early Xmas EA
Member Since Dec 22, 2016   102 posts
Jan 08, 2017 at 10:56
TRADEFX2016 posted:
DD is not an issue, first issue is this is martingale.

can not agree more.
Martingale is like a 'Count Down destruction' to your trading account.
No martingale ever survived and will never survive.
It have to go down sooner or later.
Early Xmas EA
Member Since May 25, 2011   36 posts
Jan 18, 2017 at 08:13
earlyxmasea posted:
very high drawdown.
you should consider safe trading in order to keep it going in long run.
Hi earlyxmasea, yes indeed it had a big drawdown in the beginning as i have been operating the EA on a high risk to get more profits, however once the set target was achieved i have reduced the risk and now is operating under low risks and providing excellent results.
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since May 25, 2011   36 posts
Jan 18, 2017 at 08:13
RedRhinoFX posted:
TRADEFX2016 posted:
DD is not an issue, first issue is this is martingale.
Yea, negative profits in the basket and still makes a profit is a sure give away. at 40% profit sharing, you can use free Ilan and do it yourself. Enjoy - https://redrhinofx.com/ilan-ea-mql/
Thanks RedRhinoFx for your suggestions, however no system is perfect, i found the one that works for me and bringing profits. Al this pieces of software are just tools, it all depends how are you using them. With every system a very important thing is, to withdraw the profits regularly.

Cheers and profits to everyone!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since May 25, 2011   36 posts
Jan 22, 2017 at 12:33
Last week the account reached 1000% profit! I think we can bank a few more % this coming week as well. PM me for details.


Cheers and happy trading everyone!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since May 25, 2011   36 posts
Mar 01, 2017 at 12:41
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.

We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.

Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.

We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.

Once again receive our apologies and we hope to deliver you good service in the future.

Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.

Sincerely Yours,

Sphinx FX Team

Attachments:

Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since Dec 04, 2010   1557 posts
Mar 02, 2017 at 01:25
One reason I never invest in PAMM accounts. Waiting disasters...
Member Since Jul 08, 2014   435 posts
Mar 02, 2017 at 05:31
aeronthomas posted:
One reason I never invest in PAMM accounts. Waiting disasters...

Do you like what Nick is doing with his managed account service/personal investments?
Keep at it
mario123
forex_trader_379006
Member Since Nov 24, 2016   14 posts
Mar 02, 2017 at 07:13
Sphinx_FX posted:
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.

We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.

Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.

We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.

Once again receive our apologies and we hope to deliver you good service in the future.

Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.

Sincerely Yours,

Sphinx FX Team

OMG I was reading the whole thread before I ran into this notification. Was it a software problem then? If they do not have security in that aspect they will not be able to offer a good service. I just hope they can return the money lost as the case may be.
Member Since May 25, 2011   36 posts
Mar 02, 2017 at 17:33
mario123 posted:
Sphinx_FX posted:
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.

We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.

Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.

We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.

Once again receive our apologies and we hope to deliver you good service in the future.

Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.

Sincerely Yours,

Sphinx FX Team

OMG I was reading the whole thread before I ran into this notification. Was it a software problem then? If they do not have security in that aspect they will not be able to offer a good service. I just hope they can return the money lost as the case may be.

Most likely it was a problem with the software and a a slow response from the VPS provider, we are currently investigating the issue, and we will do the best possible to fix our error in case that investors would like to. We are planning now to create a PAMM account and charge the minimum which is 5% and rest will be for the investor till we will return the lost money. For the ones who invested please send us an email.

Thank you.
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Member Since Dec 04, 2010   1557 posts
Mar 06, 2017 at 00:01
Magiic posted:
aeronthomas posted:
One reason I never invest in PAMM accounts. Waiting disasters...

Do you like what Nick is doing with his managed account service/personal investments?
Not sure which Nick you are referring to, PM me. cheers
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