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FoPIS - compound to million (By leonytham)

The user has deleted this system.

FoPIS - compound to million Discussion

Sep 18, 2010 at 05:09
827 Views
4 Replies
Member Since Oct 20, 2009   4 posts
Oct 13, 2010 at 14:36
Very interesting to watch. Your system sounds simular to FxCombo but i see your using 3 pairs instead of only eurusd. Be intersting to see how this progresses however your broker 'Instaforex' seems to have recently been labled a 'Scam broker' by FPA (Forex Peace Army) as thier seems to be numberous problems with withdrawal.. Only other broker ive seen with 1:1000 leverage id Exness but i've no idea what they're like personally. Just thought i'd give you a heads up

Regards,
Anthony
Member Since Oct 28, 2009   1423 posts
Oct 13, 2010 at 14:44 (edited Oct 13, 2010 at 14:47)
It was recently discussed on this site that FPA themselves are in actual fact a scam site and I reviewed the evidence and I must say I'm in agreement.

I can't remember the exact post, maybe somebody else can remember it or the OP is still around somewhere.

This looks nothing like FX-Combo, this is some kind of pyramid, martingale type of EA.

I actually like what the author is planning though after reading his blog. Nice idea.
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.
Member Since Mar 28, 2010   3 posts
Oct 13, 2010 at 14:57

stevetrade posted:
    It was recently discussed on this site that FPA themselves are in actual fact a scam site and I reviewed the evidence and I must say I'm in agreement.

I can't remember the exact post, maybe somebody else can remember it or the OP is still around somewhere.

This looks nothing like FX-Combo, this is some kind of pyramid, martingale type of EA.


As mentioned, this FoPIS EA is a more towards pyramid type of EA, and opening hedging trades (try) to maximize any direction of the market.

About Instaforex is scam broker, i believe the MAIN issue related to a SCAM broker, is that WHETHER they are paying after a withdrawal is made by the client.

Until now (i have around 6 accounts with Insta), the withdrawal through Liberty Reserve is ALL approved and i had ALL received my withdrawal request within 36hours (even i received 2 times on Sunday after withdraw on Saturday, and 2 times i received withdrawal in my LR nearly instant, just 2 minutes time).

This is my good experience with Instaforex, meaning to say, no Instaforex-scam issue from my end. HOWEVER, time will reveal all, right? :)
Member Since Jan 28, 2010   257 posts
Oct 14, 2010 at 05:01
You've embarked on a very interesting challenge indeed. I hope you are able to achieve it. Wish you all the best !

EA's have very recently triggered my interest, since there seem to be some that seem to be profitable and sustainable. Tracking yours with interest. 😉

Enjoy your trading.
Member Since Mar 28, 2010   3 posts
Oct 14, 2010 at 07:12

ranesh posted:
    You've embarked on a very interesting challenge indeed. I hope you are able to achieve it. Wish you all the best !

EA's have very recently triggered my interest, since there seem to be some that seem to be profitable and sustainable. Tracking yours with interest. 😉

Enjoy your trading.

Dear RWFX,

Thank you for your compliment and interest towards the performance of FoPIS EA :)
Well, I really want forex to become (one of my main) passive income machine, and passive income USUALLY comes from a low risk with moderate return making money system, and this low-risk-moderate-return system USUALLY needs a HUGE CAPITAL to realize it. So I am using FoPIS-EA-aggressive mode to make usd20.00 (small investment/gambling amount)->usd20,000 (huge capital) :)

 This is a pyramid/martingale type EA, so a TOO big wrong trend (up to 300pips without sufficient 50 pips retracement) will WIPE of ALL the capital :), and I am ready to take the risk.
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