Posts by PipCollector
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[quote]irbis posted:
yes, they give passwords...
I dont understand all these wankers.. ok maybe it's a scam..but let's just test it and we'll see... however still no answer from fxcm
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The scam part is not the EA. We all know EA's do work for a short period of time.
They claim to have paid $150,000 in prizes, however if you contact FXCM or Boston Technologies they state that the "financial agreement cannot be disclosed" which already raises some red flags.
What they could have done is fake the first 3 prizes (ie not pay them), and pay only the small winners for $1k e......
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You have some backtests here:
http://www.forex-robot-world-cup.com/frwc_backtests/LMD_Backtest.html
http://www.forex-robot-world-cup.com/frwc_backtests/Official/SUPERVOLCANO.htm
http://www.forex-robot-world-cup.com/frwc_backtests/Official/HIRIDER.htm
http://www.forex-robot-world-cup.com/frwc_backtests/Fusion_EURUSD_2008_2010.htm
I guess it's with the default settings..
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Those guys are just idiots...
Front page they say:
<a href='http://www.myfxbook.com/files/PipCollector/frwcScam1.png' target='_blank'><img src='http://www.myfxbook.com/files/PipCollector/frwcScam1.png'/></a>
On another page:
<a href='http://www.myfxbook.com/files/PipCollector/frwcScam2.png' target='_blank'><img src='http://www.myfxbook.com/files/PipCollector/frwcScam2.png'/></a>
Yes, they're right - we did see all of the marketing tricks before - their's is nothing new.
With a $999 price tag and 50% affiliate commission, this is just another pyramid scam..
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[quote]robert17 posted:
Hi, i hear all the comments people have made, but if this is true then why are we on myfxbook? is it nor for the purpose of trading, being able to have access to other traders etc?
Im looking to access good traders with a track record or EA's
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I'm here because of the quick analysis capability but obviously you can find here ea's and traders who can manage your account.
Nevertheless, I'm sure you can agree with me that it's much more reassuring to know who's the real trader behind a system and the fact you can contact him, discuss about his trading and m......
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[quote]Fulltime247 posted:
I'm thinking like $3.99 to $4.99 per account per month (in 3/6/9/12 month blocks) and I'd sign up accounts without even thinking about it. (am I an even cheaper bastard!? [grin])
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Yes, you're definitely a cheaper bastard than me! [lol]
Maybe it's even possible to set up custom alerts for balance/tp/sl etc' - I'm sure many will find it useful (I know I will).
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I would definitely use this feature.
I've searched on the web, and the cheapest I could find was $25/month for up to 75 messages which is quite steep.
I would say a $10 monthly fee or in that area would be great.
What do you think Fulltime247? Is it low enough or am I just a cheap bastard? [smiley]
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Ray, I did try their service and to tell you the truth, it's really hard to stay profitable with these kind of services.
Firstly, the trader makes money off of you even if the trading is non profitable, by collecting the fees, so he's not in your best interest.
Secondly, the systems shown are a bit misleading - they don't have any long-term successful systems. The chart might look good, but it's only indicative for a few weeks.
Moreover, the connectivity to their platform is vary shaky - it's based on an EA which you must attach to your MetaTrader and keep it open to receive signals. This b......
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[quote]pc8multifx posted:
the highly sophisticated THV trading robot seems to be a flop.....unfortunately, I must say
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Have you tried it?
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[quote]xanatos posted:
It's a trading method :-) If you google for "THD trading method" it's the first hit. It's described on Forex Factory and, if it's as good as the number of posts in that thread, it must be very very good :-)
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[smiley] That's an interesting point of view.
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Very interesting!
I was really wondering about those guys - they're being advertised almost everywhere though look very suspicious.
Has anyone here sent their EA to them?
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