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Magic-Champ II PRO - Account 01 (By LiveTrading )

The user has deleted this system.

Magic-Champ II PRO - Account 01 Discussion

gunnarr
Sep 05 2010 at 14:15
11 posts
Hi,

who has some more informations about the magic champ?
I know it`s a small company in Germany, you can get the developers on the phone, everything seems to be ok.
But before burning my money, I want to ask, if there is somebody who has some experience with the company and the system.

Thank you and best Regards

Gunnarr

FxChampion
Sep 10 2010 at 16:55
24 posts
Hello Gunnarr,

I have bought a one-year license for EUR 990, - for the system in March 2010.
I use a conservative strategy with a maximum at the beginning of 2% and since May 3% Loss per trade. the system is very good, above all very safe - you can not lose in one night your portfolio.

My profit since 30 March 2010 to today = 42%

My goal with the sytem is 100% per year

You can call the developers and phone calls with you. This company has test is the only one I know the real money in live-depot.

All other companies have only backtest and empty promises.


sorry for may bad english

Regards Jo

gunnarr
Sep 11 2010 at 22:53
11 posts
Hi Jo,

Thanks for your informations. I started last week with a one year license too.
If you like, you can watch the account here: https://www.myfxbook.com/members/gunnarr/gusch1/48798
The setting is conservative at the moment: 2 % risk per trade + adaptive MM. My broker is FXPro.
What`s your broker ?
If the system runs, like the way I`m expecting, I`ll buy an unlimited version and use it with another broker.
Never trade your funds with only one broker;-)))

Have a great weekend and excuse my pidgin english too

Gunnar


SolarFX (forexma)
Sep 11 2010 at 23:44
1332 posts
I'm monitoring this EA's performance for few months and all I can say is it's great. It had big DD but successfully managed to recover and continue with the profits. I think this is one of the few commercial EAs that's worth the money. No marketing hype, useless pictures or unproven claims, just facts and live account results for more than half an year. Of course what's good ain't cheap.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
FxChampion
Sep 13 2010 at 11:51
24 posts
@gunnarr

my broker is Fxpro too. In 08-2010, I have bought the unlimited Version for EUR 4899,--



Best Regards

Jo

Steve B (stevetrade)
Sep 13 2010 at 11:58
1408 posts
You spent nearly 5000 Euro on an EA that returns around 16% per month.
Wow, is all I can say.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
FxChampion
Sep 13 2010 at 13:54
24 posts
@ steve

if you trade more than 100.000, - € Account-deposit is nearly 5000,--bargains.....:-)


Best Regards

Jo

gunnarr
Sep 13 2010 at 19:03
11 posts
@steve,

I don`t know how much EA`s you have in work, which are making 16% a month, proven forward tested over a period of 10 month. Like Jo I`m not trading a microlot account and after a test period I`ll pump some more funds into this account.
But if you have some cheap billionaire maker, please let us know.

Best Regards

Gunnar

Steve B (stevetrade)
Sep 13 2010 at 21:26
1408 posts
I'm not saying I have anything better, certainly not traded live over 10 months.

Personally I think it is possible to make more than 16% per month with an EA though. So 5000 euros seems very pricey to me.

I guess if you've got the capital and trust that the EA will keep performing then it's worth it.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
spaceheart999
Oct 05 2010 at 18:37
8 posts
nun frage ich euch hier...990 euro für ne lizenz ist schon heftig... bin seit juli dabei...lief ja ganz gut hatte fast die gebühr wieder raus...und nun hat er einige trades versemmelt....und bin wieder fast am anfang... nun wie er in einem jahr darsteht...ansonsten ist zwar ein guter service auf deutsch da...die trades stimmen fast überein...😉

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