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Forex Envy Power Edition (By ForexEnvy )

The user has deleted this system.

Forex Envy Power Edition Discussion

duzyfx
Sep 20 2012 at 01:06
257 posts
RIP for yet another martingale system ... I wonder how many real money have been lost by this EA overall in the last few weeks....

duzyfx
Sep 20 2012 at 01:10
257 posts
and since it's a (bad) habit of system owners to remove the blown accounts I save the snapshot for rememberance

Attachments:


ForexScam
Sep 20 2012 at 02:09
1008 posts
duzyfx posted:
RIP for yet another martingale system ... I wonder how many real money have been lost by this EA overall in the last few weeks....


If I said over 1 Million, I'd think its only a small portion. Just the Pamm accounts being advertised were over $300k

Rickyv101
Sep 20 2012 at 02:25
69 posts
I am wondering How many people here are really Forex Envy power 3 user?

Although it blew some of my live accounts, but My alive accounts did make pretty good profits, They made near 40% profits in recently week which were near 2 months profits.

May be I am little lucky?, I have recovered near 70% of my lose accounts now.

However, What do I gonna do now, Should I trust that Forex Envy again? Run Forex envy or not run Forex envy power?

If you have any good idea, Please let me know.










BealBull
Sep 20 2012 at 02:57
102 posts
I would run HV Longs with min funding $480 Pico and Risk = 0.75.
This will make 3.0 use $360 for the set file and BLS calculations.
As well as giving you more margin to grow several large baskets at the same time.
ROI will be lower but

>>> NO ROI IN A BLOWN ACCOUNT <<<

Power, NV or LV Longs do not have the Pip Span (1st Open to Last Open) of a Maxed Basket to handle what happened the last few week.

HV does but it needs more funding to handle multiple large baskets.

No ROI in a dead account
tneedham (tneedham)
Sep 20 2012 at 03:05
45 posts
I wouldn't do anything till you hear from Team Envy again. They live in a part of the world where costing people Serious money can be very dangerous. They aren't updateing the site any more so I'd suggest just waiting to see if they are going to attempt a come back or just throw in the towel. I begged Robert to allow for a long trend and that's when he put in the Negative Basket Protection feature.. If only it had worked. My nephews account had $3 and change in it left so I started makeing small sell positions
10 pips apart near the peak of the EUR/USD and so far it's up 50% if I can do the same for a few long cycles (Daily Chart) Then we'll be talking aboiut some serious money. My own account had even less than that and I didn't have the euqity to save it and after I put in the money to Liberty Reserve to restart it then I found out that I couldn't use that funding option for Tradefort. And Centregold is taking there time about refunding it. So for the time being I'm locked out of the market at least till payday. It's amazing how much can go wrong at one time. I just got rear ended, Dealing with Cancer, All my credit is maxed out! Not makeing enough to pay the bills and now this! If hardship is food for the soul then I should be shinging like an angel. I've always known I could make money this way but it takes a LONG time.. And with creditors breathing down your neck you want to take any shortcuts you can. Now I'm just plain out of options. Any suggestions would be welcome.

If you are makeing less than 100% a month you aren't doing it right!
Rickyv101
Sep 20 2012 at 22:12
69 posts
Thanks BeaBull for HV longs suggestion, I will think about this.
Thanks Theadham for your reply, I wish you good luck for your health as well as your money problem.

jsintl
Sep 21 2012 at 00:40
155 posts
tneedham posted:
I wouldn't do anything till you hear from Team Envy again. They live in a part of the world where costing people Serious money can be very dangerous. They aren't updateing the site any more so I'd suggest just waiting to see if they are going to attempt a come back or just throw in the towel. I begged Robert to allow for a long trend and that's when he put in the Negative Basket Protection feature.. If only it had worked. My nephews account had $3 and change in it left so I started makeing small sell positions
10 pips apart near the peak of the EUR/USD and so far it's up 50% if I can do the same for a few long cycles (Daily Chart) Then we'll be talking aboiut some serious money. My own account had even less than that and I didn't have the euqity to save it and after I put in the money to Liberty Reserve to restart it then I found out that I couldn't use that funding option for Tradefort. And Centregold is taking there time about refunding it. So for the time being I'm locked out of the market at least till payday. It's amazing how much can go wrong at one time. I just got rear ended, Dealing with Cancer, All my credit is maxed out! Not makeing enough to pay the bills and now this! If hardship is food for the soul then I should be shinging like an angel. I've always known I could make money this way but it takes a LONG time.. And with creditors breathing down your neck you want to take any shortcuts you can. Now I'm just plain out of options. Any suggestions would be welcome.


Sorry to hear about your current situation. Take it easy and good luck. I also blew my cent account running long only that's why I decided not to touch any grid ea anymore as I found it to be a stressful trading practice. You will have sleepless nights specially when the DD is getting bigger each day.

tcollings
Sep 21 2012 at 11:26
18 posts
For what It's worth, I have an account running the Long Cycle pairs only, and it survived with short-term 30% drawdown. The account is up almost 50% in just under 3 month's trading. Recent events have scared the hell out of me though, so I'm wondering if I should just pull the plug while I'm ahead?

noumen1 (noumen1)
Sep 26 2012 at 10:55
3 posts
wow, a martingale blew an account. how could this possibly happen? lol

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