HotterForex - ECN (By forex_trader_57926)

The user has deleted this system.

HotterForex - ECN Discussion

Dec 28, 2011 at 03:46
1,466 Views
20 Replies
Member Since Nov 21, 2011   29 posts
Dec 30, 2011 at 10:34
Hi
if you want people to join, you will have to show all trade history, balance, profit, so people can assess the risk of your ea, I definitely want to see everything before I make decision.

Regards
Member Since Sep 12, 2009   313 posts
Dec 30, 2011 at 10:58

   huang_a posted:
   Hi
if you want people to join, you will have to show all trade history, balance, profit, so people can assess the risk of your ea, I definitely want to see everything before I make decision.

Regards


thats 100 percent true
Every Tom and dick want to manage others money
without showing risk
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Dec 30, 2011 at 14:36
Hi,

Thanks for your comments.
Profit and balance are already public.
We are not displaying the trade history because most EAs we use are already commercially available.

If you are interested to try it out on Demo please send the following details via PM:

Broker
Account Number
Investor Password

We will then send you the trade copier files specific for your demo account.
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Dec 30, 2011 at 14:36
Please also include your email address in the PM so the files can be sent to you.
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 04, 2012 at 07:26
Good news!!
We are applying to setup a new PAMM account at HotForex which should be ready within the next 1-2 days.
We will charge 30% commission on profits.
Please stay tuned😄
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 04, 2012 at 13:05
Our PAMM account is ready to go!
Please search for 'HotterForex' at the HotForex PAMM site and join us.
Our IB ID is 8341.

We will start trading the account at 0000hrs GMT 05 Jan 2012 (about 11 hours from now).
See you there!
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 04, 2012 at 22:54
We are now on Skype!
Our Skype ID is HotterForex.
Please add us and drop a line.
We will be happy to answer your questions. 😄
klam2404
forex_trader_29258
Member Since Feb 13, 2011   32 posts
Jan 05, 2012 at 03:11
how about in Instaforex PAMM?
is this EA work at InstaForex Pamm!?
Thank U!
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 03:46
Hi,

It should work as most our trades are short to medium term and should not be affected too much by spreads.
However I believe InstaForex has been labelled a scam broker so I am not interested in opening a PAMM service with them.

You can search for the review about InstaForex on Forex Peace Army and see what I mean.

Have a nice day!😎
Member Since May 02, 2011   48 posts
Jan 05, 2012 at 04:47
If you use an EA, You have to show at least 3 years %99 Model quality backtest so we have an idea of what happens on the long run.


hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 05:13
Hi RalFxify,

The EAs we use are commercial EAs which have been vigorously tested and we are also getting good results with them.
Also the most important thing is good risk management so you don't get margin called when you're in drawdown.
As for which EAs we use...unfortunately we cannot make it public...but perhaps you will be able to figure out yourself 😉
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 12:25 (edited Jan 05, 2012 at 12:29)
Our PAMM account is active now! Please follow us at:
https://www.myfxbook.com/members/hotterforex/hotterforex-pamm/218175
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 14:09
Hi,

Due to reports of varied results experienced with the trade copier (VPS/connection issues, etc.), we have decided to ask everyone who is interested to join our HotForex PAMM account.

Just search 'HotterForex' at the Hotforex PAMM site.

Please don't hesitate to PM us if you have any questions.
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 14:13
Also, please enter our IB ID: 8341 when you sign up.

Thanks 😄
Member Since Nov 21, 2011   29 posts
Jan 05, 2012 at 22:19
So your fxbook does not show trade history, your pamm has trade history hidden, why are you hiding them? without seeing that, I have no confidence about your risk management at all. Who knows if this is another martingale or hedging EA. Please Please, if you have nothing to hide, show us the money
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 05, 2012 at 23:51
Hi,

We don't want to make the history public because some of the EAs we use are already commercially available.
We have just sent invitation links for both accounts with current trades and past trade history visible.

You can decide for yourself whether you want to join or not. 😄
Member Since Nov 21, 2011   29 posts
Jan 06, 2012 at 00:12
could you send invitation links to me please, thanks
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 06, 2012 at 00:18
It's sent, please check.
Member Since Nov 21, 2011   29 posts
Jan 06, 2012 at 06:40
Thanks for sending me the report, that is really helpful, just wondering why the pamm account attracts much less entries than the your account? at the moment there are 17 with profit of 74.30 pips on your account while the pamm has 3 open trades with negative -28.70 pips? if they are running the same EA, aren't they supposed to attract same entries with similar performance?
hotterforex
forex_trader_57926
Member Since Dec 28, 2011   20 posts
Jan 06, 2012 at 08:43
Hi,

It's because the pamm account size is still too small to run those 0.02 lot trades on the ecn account. We would be overleveraging if we copy those trades as the minimum lot size is 0.01.

Once the pamm account size is large enough we will start to include those trades as well.

Thanks for your feed back 😄
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