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LION FX TRADER (By lionfxtrader )

Gain : +1051.44%
Drawdown 38.78%
Pips: 2485.6
Trades 868
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

LION FX TRADER Discussion

maarten999 (maarten999)
May 18 2017 at 07:02
7 posts
He probably did not start up the ea for myfxbook, so statistics don;t look so bad and he will still sell a few copies even more. Glad I closed the trades yesterday morning with loss, but not too much.

Small gains are always better than large losses.
abidicivil (abidicivil)
May 18 2017 at 07:02
3 posts
oops dd>50% !!!!!???

eur/usd test level 1.1180

don't open order sell

successwill
May 18 2017 at 15:18
247 posts
maarten999 posted:
He probably did not start up the ea for myfxbook, so statistics don;t look so bad and he will still sell a few copies even more. Glad I closed the trades yesterday morning with loss, but not too much.


Agreed.. This has become not profitable for the last a few months and i already stopped using it nearly a month ago. Thanks God.

SnapDragon2016
May 19 2017 at 00:50
102 posts
I think its a little harsh to judge Alex so roughly.

Alex is not interested in swindling anyone, I have been talking to him for about a year and I feel confident saying he is no thief.

I agree there needs to be better controls for stop losses and Alex acknowledges this and is working on it for Lion FX version 2.

I think if we can limit the number of concurrent trades (say 3 trades open at once MAX) as well as set a stop loss, that would solve a lot of problems.

I don't believe attacking him or calling him a thief is the way to get the changes we would like to see.

Cheers all.

That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
bundesrepublik
May 19 2017 at 05:25
192 posts
SnapDragon2016 posted:
I think its a little harsh to judge Alex so roughly.

Alex is not interested in swindling anyone, I have been talking to him for about a year and I feel confident saying he is no thief.

I agree there needs to be better controls for stop losses and Alex acknowledges this and is working on it for Lion FX version 2.

I think if we can limit the number of concurrent trades (say 3 trades open at once MAX) as well as set a stop loss, that would solve a lot of problems.

I don't believe attacking him or calling him a thief is the way to get the changes we would like to see.

Cheers all.


I also agree with you...Alex is not a scam, but when he disables his ACC from Myfxbook and is not updating since the big DD it raises some questions that why is not updating???

I'm sure genuine traders know that loss is part of the game and there is no system that is 100% and Alex needs to know we understand this.

His EA generated a lot so far for me and this loss doesn't make me to think its a scam.

FXSimba
May 19 2017 at 09:16
1 posts
He's pulled the plug. He will never link this back to myfxbook. RIP LionFxTrader

You always claimed this wasn't a grid. But it clearly is.

stcapitalfxbook (stcapitalfxbook)
May 19 2017 at 09:30
1 posts
SnapDragon2016 posted:
I think its a little harsh to judge Alex so roughly.

Alex is not interested in swindling anyone, I have been talking to him for about a year and I feel confident saying he is no thief.

I agree there needs to be better controls for stop losses and Alex acknowledges this and is working on it for Lion FX version 2.

I think if we can limit the number of concurrent trades (say 3 trades open at once MAX) as well as set a stop loss, that would solve a lot of problems.

I don't believe attacking him or calling him a thief is the way to get the changes we would like to see.

Cheers all.


Ialso agree with you and I also belive Alex is not a scam...but what sometimes happen like ( ACC stoped updating after that big trade)...Is raising some questions. Alex should not stop the account because of loss, I'm sure genuine trades can understand there is no System that is 100% and we are trusting his system and we were unlucky having this loss.

FXdog (FXdog)
May 19 2017 at 13:49
24 posts
Hey everybody!Yes i have lost yesterday 22% in DD!Why 22 only?Because i trade wirh risk 0.04!!!Of course it is very hard loss and a month at all!But i believe we survive and next time be more profitable.

boby123
May 21 2017 at 07:49
2 posts
Pure grid - got 12 sell trades...


Attachments:


SnapDragon2016
May 21 2017 at 12:43
102 posts
I do see a grid pattern to a degree but the grid happens after the indicator says to enter a trade.
I got the same, 12 pips apart.

However a true grid EA does not rely on indicators to start trades, it is all based on a grid..... period.

As far as Alex not posting, I do not think he is doing it on purpose, there must be more to that then we are seeing.
Most likely technical difficulties of some sort.

The guy has been running his EA for over a year here.
I highly doubt he is 'on the run' lol

We should all remember that he does not 'have' to be here. He participates here because he chooses to, just like the rest of us.

All that being said, I would like Alex to say if he is working on the stop loss and too many trades open at once issues.

Cheers all and may the pips be with you.

That sound you hear is God laughing as he hears traders say "I know for sure what way the market is going".
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