SharePosts by benbakhsh
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PipGnostic its true, but I already run my own micro account fund... go to any fund manager who has a portfolio of clients and who knows exactly what they are doing and ask what their minimum investment terms are - Most wouldn't touch anything below £50K... it would take a very long time to see any returns (worthwhile) in commissions on lower accounts even with compounding...
The idea behind going for people with accounts that are of marginally lower value and in draw down is because realistically a lot of fund managers out there won't be interested, or have the patience to do it so you......
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PipGnostic - with this Id only be interested in accounts with a minimum 10k of funds left over to make it worth while with commissions still being the standard 30% - however I agree that those 1k accounts are still worth looking at IF I can get multiple clients.
Steve totally - some of the worlds most successful men have tried and failed at forex however may still have accounts that are failing but still have equity left..
The way I see it if somebody is there to help rescue this account and will only make money buy the profits generated on the account then it is a logical thing to consider......
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Hi Steve,
I am using this system for myself also :)
Max Risk is 1% per trade and hit rate is high.
The strategy used is the same one being used on the Intellitrade rescue account that is linked and verified on my profile.
I started using the strategy on this account in October - feel free to check out the growth charts.
Commission would be the standard 30%.
I aim for a steady geowth on the account, not high risks for high profit.
Cheers, Ben
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Im rescuing accounts in drawdown.
Please check out my latest project on my profile and let me know if you want help.
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BOOM, 8 trades taken on MDP. CRASH 8 trades lost on MDP lol
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[quote]
JoeDorman posted:
@Ben
whow,
at first we pay for this EA and then we loose whitit.
Also we pay that we loose [lol]
Joe
[/quote]
I guess it depends what the deal is MDP has with the brokers it reccommends... could be a deposit bonus, 1 pip per trade taken, or even commission %... if its a pip i would think it gets added to the spread, which is why MDP reccomends using the smallest spread possible. Having said that this is all speculation, although id bet money that MDP does make money from broker referrals because if you click the links from the MDP site you can see that they a......
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[quote]
JoeDorman posted:
Hello,
I heard that there are some EAs on the market, which are sponsored by brokers.
I ask me why. If MDP a sponsored EA?
Therefore I understand, that this EA have for most persons not good live results.
If the win small, no problems, but its bigger, the problems start.
I think maybe MT4 have a backdoor maybe as an automated loader for plugins.
With an anti-user-profit-plugin can the broker analize what we do on our machines an can create an anti profit part, specally for every user. Against every user strategy. The server know what type of fool you need to ......
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Same here - some profits.
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Yuuuuuuuuuuup... well, while im yet to see some trades happen I cant complain about the customer service experience... these guys are good to respond
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Well ive emailed them today requesting this refund.. if it had taken trades and lost it wouldnt matter... its the fact i cant get it working and that ive spent more time trying to sort this than i have on my own strategy which is all manual... and im almost 10% up on that this month...
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