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ForexChronos (By AlexanderCollins )

The user has deleted this system.

ForexChronos Discussion

fughe (fughe)
Jan 30 2013 at 21:36
724 posts
I had posted a message on the comments page, but I never got a reply, so i will just ask here.

This system looks virtually identical to Forex Thor. I already own Forex Thor. What is the difference between Forex Thor and forex Chronos that I would decide to purchase Forex Chronos?

Thanks!

Make losses, but always come out a winner at the end.
Sygmoral
Jan 31 2013 at 00:45
26 posts
The system suffered a large loss on 13 November, as you can see when you view the 'Full Analysis' (rather than only the history since 7 December). It's still very much in profit, but just thought I'd mention it. The account started in april 2012.

I have Forex Thor II myself, and I also wonder what the added value of Chronos is if you're already a Thor owner, and also whether Thor II will get any updates, or whether we're supposed to abandon it and jump onto Chronos if we want to stay up to date.

BealBull
Jan 31 2013 at 11:52
102 posts
Yes use Custom Analysis with a start date of 18 April 2012 for the full account details. Draw down from this analysis is not that claimed in the 3rd video.

As a Thor II purchaser, I do wonder why we are not offered Chronos as a upgrade as Thor II never really fired as claimed.

Alexander please link the account as in the 3rd video as this account does not appear support the claims in the video.

BearBull

No ROI in a dead account
Alexander Collins
AlexanderCollins (AlexanderCollins)
Jan 31 2013 at 12:31
8 posts
@ Anthny

Thor and Chronos are both volatility scalpers. I already mentioned that earlier. But that's actually all what they have in common. Chronos trades more frequently, recognizes and adjust itself according to volatility, has a much higher PF, risk much more less per trade and has a much higher profit potential.

@ Sygmoral

Yes, November 13, there was a large loss. This was a manual trade which ended up as wild run. Why this trade was placed and what happened, i explained in the Thor discussion thread.

@ BealBull

Although Thor and Chronos are two different systems, traders who bought during the last months have the possibility to return their Thor license and exchange it to a Chronos license.

The DD before Chronos was used on this account is not mentioned in the video because it has nothing to do with the Chronos system. Max DD for Chronos is expected to much lower.

Regards,
Alexander

fughe (fughe)
Jan 31 2013 at 14:35
724 posts
AlexanderCollins posted:
@ BealBull

Although Thor and Chronos are two different systems, traders who bought during the last months have the possibility to return their Thor license and exchange it to a Chronos license.

Regards,
Alexander


---------------------------------------

Just to completely honest, this is very annoying. Chronos is obviously an upgraded and updated version of Thor. You are basically admitting this by allowing those who recently purchased Thor to exchange their Thor licenses for Chronos licenses. To be fair, you should either allow all Thor owners to exchange their licenses, or charge a fee for anyone who wants to upgrade(including those who purchased recently). Anything else is ripping off those who bought Thor in good faith that it would be upgraded regularly into the future. As is evident, Chronos is Thor with several upgrades to the Thor logic.

Either that, or allow any Thor owner to receive a full refund.


Make losses, but always come out a winner at the end.
Alexander Collins
AlexanderCollins (AlexanderCollins)
Jan 31 2013 at 15:15
8 posts
@ Antny

If Chronos were Thor with modified parameters or features, it would be a build update and of course free for existing Thor users. As it is a completely new product (both do not share a single line of code) it is placed as a new product.

Updates for existing products are free and released on a regular base. Example: Next week, a new build update for Thor will be released. However, free build updates does not mean that a client who bought a product will receive all future products for free.

Best Regards,
Alexander

fughe (fughe)
Jan 31 2013 at 16:19
724 posts
AlexanderCollins posted:
@ Antny

If Chronos were Thor with modified parameters or features, it would be a build update and of course free for existing Thor users. As it is a completely new product (both do not share a single line of code) it is placed as a new product.

Updates for existing products are free and released on a regular base. Example: Next week, a new build update for Thor will be released. However, free build updates does not mean that a client who bought a product will receive all future products for free.

Best Regards,
Alexander


--------

I completely understand not giving all products for free as that is a terrible business practice. Plus I believe people should be compensated for their work. My point was.....You said, that recent Thor purchasers were being given the opportunity to change in their Thor licenses for a free upgrade to Chronos. This implies that Chronos is an advanced version of Thor, NOT a new product. What I said was that you should either #1- offer a chance to ALL Thor owners to change in their Thor licenses to upgrade to Chronos for free, or #2- Offer the chance to switch from Thor to Chronos to ALL license holders for a fee. The second option makes sense ONLY if Chronos truly is a new product and not just an upgrade of Thor.

It is your words that were implying that Chronos was an upgrade of the Thor system.

Further, I am a programmer and I know that the code can be radically different when programming similar systems. So, them not having the same lines of code is meaningless in this particular scenario. They are based on the same concept. Price spikes, and the system tries to catch a reversal. Even if you found a better way to do this since Thor was released, it is still an upgrade of the base system logic.

Normally, I would not question the issue, but as I previously stated, I attempted to post a comment on the Chronos sales page asking what the difference between Thor and Chronos is so that I could assess whether or not I wanted to purchase Chronos. My comment was never approved. That leads me to believe, yet again, that Chronos is just an upgrade to the Thor logic.

I am sorry if this seems a bit harsh, but there is far too much BS in the forex sales market. As traders, we do not have a choice but to assume we are being ripped off if something even slightly suspicious happens. If you had approved my original comment on the sales page, and answered it there for everyone to see, then we would never have had this discussion here.

Finally, I am not against you. I just have no option but to be suspicious given the events that have occurred.

Make losses, but always come out a winner at the end.
LTInvestment
Jan 31 2013 at 17:15
25 posts
+1 Antny (Thor Purchaser)

Simplicity is the ultimate sophistication
Alexander Collins
AlexanderCollins (AlexanderCollins)
Jan 31 2013 at 18:08
8 posts
My point was.....You said, that recent Thor purchasers were being given the opportunity to change in their Thor licenses for a free upgrade to Chronos.


I did the same many times before for different systems. It's called being friendly to clients.

My comment was never approved.


That is incorrect. True is that comments i had to answer personally were answered with some delay because we had some quite busy days. Furthermore, you didn't place a comment on the sales page.

If you had approved my original comment on the sales page, and answered it there for everyone to see, then we would never have had this discussion here.


First of all, the comment was approved. Secondly, I don't think it would make any difference. Even if you would have full acknowledge about the algorithm from both systems you would say the same. Not, because it is so but simple because you decided to know better.

I just have no option but to be suspicious given the events that have occurred.


There is a difference between being suspicious and coming up with false claims.

Long story short. Your point is 'Everything what has four wheels is a car'.
My point is: When somebody wants to miss understand something, he will.

Happy Trading!
Alex

Alexander Collins
AlexanderCollins (AlexanderCollins)
Jan 31 2013 at 18:08
8 posts
Sorry for the mess with the quotes. :/

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