why did u put your other system on private? big loss?

Other systems are not yet offered for sale, they will be public when we start selling them.

   Anchorpoint posted:
   I have also noticed that. I was tracking their thinkforex low risk account. Last trade there was on Apr 05. Then it was stacking up 49 open trades and a 20+ % floating drawdown. And then when it was beginning to get interesting - to see how the system would handle this - they put it in private... says quite a lot about the seriousness of these people. Buyers trading this live are begging to be suckers.


One of the demo account was expired so it get removed. I thought you can read Myfxbook statements like viz our real account had max drawdown of 18% ONCE ( it shows on my fxbook chart) which was recovered so if you are saying one account had 20%- then it would have the same situation.

I suggest you wait and see another downward ( best to monitor real money account) trend and then see how system behave and if you are not comfortable then you do not need to buy.

They vendor hiding one of their demo account becos of high dd doesnt mean the EA doesnt work. the EA works, but u should only use it on low risk due to the high floating DD it can produce. atm 0.01 lot per 2k seem to work. i like the hedging concept, if done right, it can be very profitable. so lets just wait and see how this EA performs, give it another 1-2 month before u put some judgement.

   HeroT posted:
   This is the same vendor of Gold and Silver robot, who had blown up his demo account earlier. Look at FPA. Purchased both bots and found out both use the same logic. Only the currencies dealt are different. You should either stay away from this product or use it with very low risk with SL. Otherwise, it will someday blow up all your account.


We are not the same vendor for sure but we have some association with Gold Silver Team, like wise we also has association with some other vendors, brokers etc. ( we have been in forex trading from the last 8-9 years) as well as we understand people fail in Gold and Silver when they use less leverage

or

use select broker for Silver who offer 50 cents per pip as opposed to 10 cents per pip.

Again in same manner, we have displayed settings for

High
Medium
Low risk

We suggest either Low or Medium settings to be used.

In Financial market where banks offer only 3-4 per interest per annum, but here forex traders try to achieve 1000% per annum, of course in order to achieve that % you need to accept risk and most of them fail when they try to achieve hundreds % return per annum.

Low Risk settings ( potential of earnings 100% +)
Medium Risk settings ( potential of earnings 200% +)
High Risk settings ( potential of earnings 400% +)

In Yen Drive, our Real money account is running at Medium Risk. Certainly High Risk is not in our recommendations, but it is here just you can see for reference.