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Managed Account 2 (By Winforex )

The user has deleted this system.

Managed Account 2 Discussion

Winforex
Jun 14 2010 at 17:41
9 posts
Please be advised that we do not discuss our trading system. You can find all required information on our website.
SolarFX (forexma)
Jun 14 2010 at 19:29
1332 posts
Oh maaan, that's greedy. 50% fee is not enough for you and you require people to open an account under your affiliate at 3 of the worst brokers. 2 of the brokers are in Russia which means that there isn't certainty the clients will succeed to withdraw their funds, the other is w/o license in Mauritius. What happens with the client's money in case of broker's bankruptcy??? And what, you show myfxbook account history for less than 3 weeks and expect people to trust the results from your website??? Please show that history in myfxbook verified account.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
DoubleTrap (ForexSeeker)
Jun 14 2010 at 23:34
814 posts
I see that you have 6 statement in html format that are profit, but that could easily be manipulated and I don't see the initial deposit and thus can not calculate ROI.

The logic seem like similar with using grid system then a multiply on Hammer-Risk logic. Look like probability EA.

Can you upload more your Real account to show us your managing capability ?
Information is Gold when come to organised.
DarkProdigy
Jun 15 2010 at 04:21
45 posts
Wow...I dunno how to feel about that ROI each month...if i could do that as a business, I would not need anyone else's capital...but hey, thats just me. Good job.

But yea, the uhhh 50% fees is bananas. Not only that, but the fee is monthly based.
I could go for it if there was an Operation fee each month while you do trade, and based of performance at a withdrawal...but 35-50% a month sure is a lot.
SolarFX (forexma)
Jun 15 2010 at 08:12
1332 posts
Current open trades:
06/14/2010 18:15 EURUSD Buy 5.39 1.2292 0 0 -5982.9 -111.0 -0.54
06/14/2010 20:00 EURUSD Buy 5.39 1.2257 0 0 -4096.4 -76.0 -0.54
06/15/2010 04:31 EURUSD Buy 26.35 1.2211 0 0 -7905.0 -30.0 0.0
Total: -17984.30 -217.00 -1.08

It's obviously another stupid Martingale. It's easy when you're using cents account at FXOPEN but in the real world.... using Martingale with crazy MM buying Eur/Usd while it's in the strongest downtrend ever... IT'S SILLY YOU KNOW

I love it when some crazy people pop up every day wanting to lose people's money with their crazy ideas.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Winforex
Jun 15 2010 at 09:56
9 posts
It's very pity that Myfxbook customers have a lot of poison on the tip of their tongues. We posted our managed account here just as a prove of our trade and never intended to discuss our trading system. Well, all what you will get by these comments is that we will change Myfxbook for mt4live.com. At least they do not have such stipid thing as forum...
SolarFX (forexma)
Jun 15 2010 at 10:10
1332 posts
Haha, people that are clever enough will be able to see martingale even at mt4live. What you show is that you don't like your system to be discussed and that you want to fool potential investors. I don't really care if you even go to the moon, I just feel pitty about those who will become your customers because your trading style is VERY RISKY and there's big chance that the account could get blown in a matter of days.
BTW, please explain how this trade managed to disappear:
06/15/2010 04:31 EURUSD Buy 26.35 1.2211 0 0 -7905.0 -30.0 0.0

It's so obvious that you're scammer and the problem is not in the myfxbook community but rather you. Forums are never stupid.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
SolarFX (forexma)
Jun 15 2010 at 10:22
1332 posts
The fact is that you managed to trick myfxbook and we all know that manipulating the mt4live or mt4stats is much easier. Another thing you should learn is that when you wanna sell some product or service people should make informed decision and that's why the product/service should allways be discussed. Not wanting to discuss just shows that you're hiding something or it's a bad product/service. If it was so good you should never be ashamed to talk about it and defend it.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Winforex
Jun 15 2010 at 10:37
9 posts

forexma posted:
  BTW, please explain how this trade managed to disappear:
06/15/2010 04:31 EURUSD Buy 26.35 1.2211 0 0 -7905.0 -30.0 0.0

It's so obvious that you're scammer and the problem is not in the myfxbook community but rather you. Forums are never stupid.



Are you crazy? Look at the history. This trade hasn't disappeared, it was closed with the profit of 28 pips. And we don't want to discuss our system not because it is bad, but because of the people like you. Because of tons of poison spilled out here, potential investors may be misleaded. Very easy to call someone a scammer without proof and let him eat your sheet...
SolarFX (forexma)
Jun 15 2010 at 11:17
1332 posts
Yes, the trade is there now, probably some myfxbook issue there. Let's don't talk about poison anymore, you're overreacting. I just wanted to point the attention to the fact that:
1. You're showing only less than 3 weeks of verified trading history.
2. You have some results on your website which could be very very easily manipulated or faked.
3. You're using martingale and talking only about profits not mentioning how risky martingale could be.
4. You require new customers to open an account under your affiliate.
5. The brokers you recommend are far from respected(at least out of Russia) and do not offer any fund's safety.
6. Your commisiions are much higher tahn normal having in mind that you also benefit from trade rebates from your affiliate program.
7. Your account is in cents which is not mentioned anywhere and comes to show how serious business you have there.
8. I don't wanna mislead anybody, just the opposite. You're trying to mislead the investors.

Is this enough and isn't it just pure facts???
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
SolarFX (forexma)
Jun 15 2010 at 11:58
1332 posts
This is from your FAQ section:
Q. Are my funds secure?
A. As an account manager, Winforex Management doesn’t receive your funds directly. Your funds are deposited with a broker, and then Winforex Management is given Power of Attorney over your account. The security of your funds is governed by the financial and regulatory status of the broker. Winforex Management only works with reputable brokers that place the same importance as it does on confidentiality, protection and security. Your account is in your name only, and only you will have access to your funds. You can make deposits and withdrawals whenever you like, as long as there are sufficient funds in your account to cover the withdrawal and maintain any open trades.
 
Please explain if any of your recommended broker offers funds protection! I believe not.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Winforex
Jun 15 2010 at 12:26
9 posts
Did you ever hear that forex is a high risk investment? I know want you need - boring 20% return per year with an illlusion of the funds safety with your 'reputable' brokers. In this case what are you doing here? We offer risky investment indeed, but the return is worth it! We do not scam everybody - our statements say everything, if the one like them, he signs up, not like - keeps away.
DoubleTrap (ForexSeeker)
Jun 15 2010 at 13:36
814 posts
The webpage seem very nice, good for my research on setting up FX Manager page.

Overall everything is o.k. As you only limited to 3 broker for manage only, so will limit down some customer.

The performance chart of 2009 and 2010 look good. But you did not show how you calculate the gain %. Is it from combine all client account or your demo testing account or your own account?

The archive file is only this year. With only 2 account has balance show with 7500 and 1000. The gain look attractive with 100% ROI. Impression of tactic using : High gain high risk using grid trading with hammer martingale.

The Convincing power of signing up : very low. Only one short term account of verify on myfxbook.
Other is just the mt4 statement report which most people will skeptic about it genuineness.

Hope to see more you trade account setup on myfxbook soon.
Information is Gold when come to organised.
SolarFX (forexma)
Jun 15 2010 at 13:55
1332 posts
If you don't care about your 1k account I do care about mine so I'll pass and I'll continue using my reputable broker. You russians never learned how to promote your EAs or managed account services. Learn to trade less risky, learn to behave and explain. I cannot say that your results are bad, it's just that the risks are too high with this MM. Losing 1k is different than losing 50k. And I know about a lot of occasions when people cannot withdraw from russian brokers what they've earned.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Winforex
Jun 15 2010 at 16:38
9 posts
I can only wish you a good luck! Continue to live with an illusion that your money is safe with your perfect broker. Lehman Brothers, Bernard Medoff and others have recently shown to the world that investors' money is safe NOWHERE now.
Whedbee (speedballer)
Jun 15 2010 at 17:58
8 posts

Winforex posted:
    I can only wish you a good luck! Continue to live with an illusion that your money is safe with your perfect broker. Lehman Brothers, Bernard Medoff and others have recently shown to the world that investors' money is safe NOWHERE now.

I agree that this all screams scam =)

What happened to people just trading with indicators? Who needs ea's anyways haha
DONT BUY EA'S, THERE ARE PLENTY OF FREE ONES...
DarkProdigy
Jun 15 2010 at 18:02
45 posts
Woah, when did this become an issue.

As for your managing account...all i can wish you is the best. The one main thing that would stop me from investing is like i mentioned before, the fees are just bananas.

...and their monthly...so, heres my question. if for some odd reason, the account has a negative month, I assume you do not take fees, but what about all the fees before that could more than cover for the loss...do you keep it or do you take a loss and return some?

...and while i have no problem with fees taken monthly on performance, the fees you have listed is just so high to justify a question as such.
Winforex
Jun 15 2010 at 18:09
9 posts
We do not return paid fees. If our fees are too high for you, you should look for another service where they are lower. That's it.
Lion Asset Management (WhyLose)
Jun 15 2010 at 21:03
102 posts
Hi Win,

Are you based in the UK please?
Time is more valuable than money. You can get more money, but you cannot get more time.
Winforex
Jun 16 2010 at 05:03
9 posts
We are based not in UK, but in EU.
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