AM Forex Copier (by TFTC) Quick Stats
The user has deleted this system.
Rating: Full Star Empty Star Empty Star Empty Star Empty Star
AM Forex Copier Discussion
Previous 1 2 Next
TFTC

Member Since Jul 30, 2015  5 posts TFTC Mar 21 2019 at 07:34
Hi, this service started in February 2019 when the live account was connected to MyFXBook. I cannot show something that does not exist.
This new select group of algorithms is now run on an Amazon server. In relation to the previous strategy that you refer to, we had multiple issues with the ForexVPS servers which caused us trading losses. These were not actually losses from the system, but rather from their restarts and windows updates. We had the one EA which caused us issues ourselves and that EA has been removed from the current group.

odyssey

Member Since Aug 26, 2012  10 posts FX Odyssey PAMM (odyssey) Mar 29 2019 at 13:39
In any case, 2 months is NOT enough to validate success in a EA. Atleast 1 year is the minimum, if you want to invest safely. Just my humble opinion. Ofcourse, it all comes down to the risk tolerance of the investor smiley

Trade Forex, Change the World
TFTC

Member Since Jul 30, 2015  5 posts TFTC Mar 31 2019 at 08:00
Hi, that's fine - please wait then if that is your opinion. Extensive live testing has been carried out (on most EA's for more than 1 year) but the EA's have only been placed together on one master account since February 19, hence why we only have history from then showing on this account.

tracydavison

Member Since Feb 11, 2019  34 posts tracydavison Apr 01 2019 at 10:25
interesting thread to follow :) its a good read

4XSA

Member Since Oct 04, 2010  12 posts 4XSA Apr 29 2019 at 10:45
I have joined and signed up with the signals, I will give it a try, and keep open trades private, because they are hidden on the results page i shall not reveal

I just hope the results continue to deliver the same results since started with all trades banked and closed so I can make withdrawals every month.

That's why we trade. To live off profits and make withdrawals.


But its easy to follow equity graph vs banked graph and you can see right now, that the Equity graph, is greater than the banked trades and account is sitting in posive open trades and not negative drawdown

You can see equity crossed above balance so accounts and my account is sitting in a positive floating balance

Keep up the good work
Attachments:

4XSA

Member Since Oct 04, 2010  12 posts 4XSA May 12 2019 at 05:37
This is a waste of time - you can get more out of trading yourself

With over 30 to 40 open trades in all directions all over the place.

If you ad to close all trades now, this system has made you no money

The only person scoring is the signal provider in his monthly fee and the broker swap rates

It only looks good saying 19 to 20% a month banked, but in the background hidden open trades is a lot of open trades - over 40 sometimes with hundreds of pips drawdown

I paid one month and will be cancelling

Don't waste your money here.

We want profits to withdraw and live off and pay bills.... not play around with peanuts

Look at the graph... you can see banked VS Drawdown

No wonder open trades are hidden - There are too many and will run off the page...
Attachments:

zampa

Member Since May 09, 2019  14 posts zampa (zampa) May 12 2019 at 06:16
Hello there, that is fine - if it's not too much trouble hold up at that point if that is your assessment. Broad live testing has been completed (on most EA's for over 1 year) yet the EA's have just been set together on one ace record since February 19, thus why we just have history from that point appearing on this record.

TFTC

Member Since Jul 30, 2015  5 posts TFTC May 13 2019 at 06:09
Hi 4XSA (sorry I have no idea who you are and emailing us directly would be a good suggestion)

Did you receive my email last week when I mentioned the 2 Axi Trader issues that have cost us over 12% losses?

Giving a system 1 month is hardly fair, especially as you know we've had the 2 broker losses issues, 2 weeks of quiet trading for Easter and then the last 2 weeks of quiet trading conditions.

Despite the recent losses, if you had asked me when we started if I’d be happy at +50% gain in 3 months, I’d take it every time.

Regards,
Andrew

4XSA

Member Since Oct 04, 2010  12 posts 4XSA May 17 2019 at 06:04

I'm shocked that 'Andrew Mitchem - The Forex Trading Coach' recommends that traders must use this service... I only came over because he recommended this service

Well, with so many open trades, your drawdown way exceeds the equity

How must one live off this... We pay your fees upfront, and there's no profits, Your banked trades only look good but behind the scenes there's plenty open trades with no trading plan.

Just lots of trades all over the place.

So, why must I pay subscription, if there's no profits,

Why trade if you cannot make a profit and pay your bills, so in this case, I must dig into my own pocket to pay for more signals for what ?

 Only drawdown and nothing to show for it...

That's why you hide open trades.. you are catching people, and you living off the signal service , not any profits from trading..

What a waste of time and money...

You just come with excuses and blame everything else... You can't take money from your clients if you can't trade.


What a waste of time. Only person making money is you charging traders for signals that member don't make any money,

I cant withdraw any profits ... There aren't any,,, so why stick around..
Attachments:

TFTC

Member Since Jul 30, 2015  5 posts TFTC May 19 2019 at 10:04
Hi 4XSA,

I'm not sure what the purpose of your postings are as the verified results are there for everyone to see, Yes there has been a drop off from the high but as you know (I've emailed you twice regarding this) we have been through 3 spread issues caused by our broker AxiTrader over the past few weeks and that has lost us 15% on the account. You know this is true as I have shown you that AxiTrader have refunded my master account on each occasion and you can also see that on the 'deposits' section of MyFXBook (the account started at $24,000)
You also know that all of the trades on this system are through our algorithms and NOT from our manual trading.
You'd also know that at just $50 per month, we're hardly getting rich from this!
Lastly, it's a subscription - if you don't like +48% gain in 3 months then don't rejoin us.

Previous 1 2 Next
Loading
Loading
EURUSD 1.19338 GBPUSD 1.33335
USDJPY 104.355 USDCAD 1.29694

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.