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NexGen4x: Primus-Alpha Live Account (By John Thompson )

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NexGen4x: Primus-Alpha Live Account Discussion

John Thompson (jondgls)
Apr 21 2011 at 15:36
11 posts
Please note, the draw down calculation for this account is inaccurate due to the credit bonus.
Apr 28 2011 at 19:10
10 posts
Got a double S2 GRID stop out today, the 2 trades stopped out and then another 2 opened and stopped out aswell, really bad start.
May 02 2011 at 19:52
13 posts
гавно, а не советник
Jul 22 2011 at 21:34
305 posts
Be very careful with this EA. The risk/reward is not justified as the gains are small and the losses large. The reference account is a sham. It shows a profitable EA. What the developer is doing to make the account look better is turning the EA off in unstable market conditions, thus avoiding any losses during these times. In this manner the results are non verifiable as nobody gets the same trades on a consistent basis. In the last month, I have logged at least 5 large losses that are not even listed on their account.

Although when the EA hits, it can increase money fairly quickly, when multiple losses hit, the profit falls even quicker. While I monitored this EA, there was a two week period that profits fell from $3,900, down to $2,200. Much too volital for a real account.

In addition, the developer, while responsive, provides excuses. His site says there is a 7% drawdown maximum when my account experienced over 40%. Avoid this scam.
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