Queens Money Collector Discussion

Hi ortwin, How do We sign for your services? In your website there's no explanation

thanks

Dear fx5473br!

I thank you for your post here.

It is simply not needed to post 'how to sign up' it on our website.

Simply click on KONTAKT. Fill in your name and email. and click on send (Absenden). Dozens of people managed this to do. So feel free to do this, as well :)

I will as soon as possible answer with a long explanation.

Yours faitfully

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

pradalover2424 posted:
Hi Ortwin,

I send you an email. Please do respond. :)

You got already response from me. Your account is up and running. Thank you.

Yours sincerely

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

Hi,

I was just wondering why is there a difference between your myfxbook and myfxbook. your myfxbook is showing a lot of profits and mine showing a lot of losses? why is that?

https://www.myfxbook.com/members/pradalover2424/pradalover-real-account-1/1149276

look at your history and my history. Yours have all profitable trades, mine a lot of trades that lost and those losses were not reflected in your account. what is happening?

Guys I cannot tell you yet about my profits yet because I just signed up... few hours ago
I can tell you about the support and the fast answer. I tried a lot of signals/EAs and this one, RELATED TO SUPPORT, is the best by far... please give me some days to be able to talk about the profits (right now 5.23%)

My account is under my profile.

pradalover2424 posted:
Hi,

I was just wondering why is there a difference between your myfxbook and myfxbook. your myfxbook is showing a lot of profits and mine showing a lot of losses? why is that?

https://www.myfxbook.com/members/pradalover2424/pradalover-real-account-1/1149276

look at your history and my history. Yours have all profitable trades, mine a lot of trades that lost and those losses were not reflected in your account. what is happening?

Interesting to know a signal service should have trades very close between accounts, unlike an Ea that can have more variance due to price feeds. Interested to hear the answer to this.

@pradalover2424 maybe because your leverage is 1:500 while QMC is 1:200 ?

fx5473br posted:
Guys I cannot tell you yet about my profits yet because I just signed up... few hours ago
I can tell you about the support and the fast answer. I tried a lot of signals/EAs and this one, RELATED TO SUPPORT, is the best by far... please give me some days to be able to talk about the profits (right now 5.23%)

My account is under my profile.

Hi,

Ortwin replies in the email super fast but I really want to know the reason why there are differences in my account and the account that they are showing in myfxbook. Also, they were telling me that I should not worry as I have gained 10% in my account but in reality if you check my open trades, I am at lost. There are a lot of negative trades with stop loss not triggered. So I am begging the people here if they could shed a light as to what is happening in my account. Why do I have loosing trades which are still running, meaning my stop losses were not triggered if there is a virtual stop loss. All I am asking is an explanation as to why is this happening? Is there a problem with my account? Is it their server? Someone needs to explain.

I am attaching the open trades in my account. See for yourself.

Here is my updated open trades.

This is 10:03AM Singapore time.

I am at 1,400 Negative. I gained 10% making me 1,100 but the trades that were opened with no stop loss triggered, accumulated to 1,400 plus plus and still running up to 1,500 as I am now looking at my account.

Please shed some light as I want to resolve this ASAP.

Updated as of 10:11AM SGT.

All Open Trades are in Negative.

-1,500 plus plus. Gained 10%

Loss at 500

So in reality I am running now at 9,500.

Hi Ortwin,

What do you suggest? Do you think it's better to stop the signal service until we figure out the issue?

Any suggestions from your side? This ea is good however it opens a lot of loosing trades and of course I want to avoid that. I really want to make this work so please Ortwin, what do you suggest?

fx5473br posted:
@pradalover2424 maybe because your leverage is 1:500 while QMC is 1:200 ?

Hi fx5473br,

Probably. I do not understand what is happening really. You and me might come up with possible reasons why this is happening in my account like the difference in the closed positions from their account versus mine and the trades that are all in negative. But the answer lies with the developer of the signal service. They should probably know the reason why is there a huge difference and I want to know the difference so that we may be able to fix this. I am planning to put a couple of thousand dollars in this signal service and recommend it to my friends as I see the potential however how can I do that if there are things happening in my account that I do not understand.

I hope this will clear out.

Respond to pradalover, Ozzie and Fx5473br.

Hello to everybody and specially to those who has subscribed to our signal and to those who planning to come to us.

When we started that signal service we were not aware how much people we are getting in. How much demand there is to start Forex Trading with low budget on a more or less secure system. (Note: nothing is save in this world)

We started our signal and spread this out to 21 other accounts for testing purposes. Some of us, some of friends and family

Some were in British Pounds, some in Dollars, most in Euro and one in Cents. But all had the same: the initial deposit of 10.000 and the leverage 1:200.

We did not think about it that one day our account shows 36.000 and a newbie starts with 10.000, maybe with a different leverage than ours. All 21 account did exactly that what the master account did.

But now we are on that point where we have exactly that situation.

I will attach a long explanation at the end. All it says is: Lot size is calculated automatically for each subscriber, it depends on subscriber's and provider's balances and leverages.

With other words: When you expect the exact trades as we have on our master account, you should have the same balance or more and the same leverage. More balance is no problem. Less balance is a problem. Higher leverage on a smaller account is a BIG problem.

Below it will tell you, that a lower balance with higher leverage will lead to downsizing the lots. No matter what QMC sends out, e.g. 0.1, 0.3, 0.5 will end on the subcribers site as 0.1 lots. That means, the lot size is not proportional between Master and Client which might lead to less profit or even to loss.

SOLUTION: Lower your leverage. But that will not give you a full guarantee.
SOLUTION: fund your account to the master's level or above.


Long explanation, boring, but in detail.

The question of how exactly the Subscriber's deposit will participate in trading via Signals service is one of the most critical ones. When solving this issue, we followed the already mentioned principle - providing maximum protection for each participant. As a result, we can offer a secure solution for Subscribers.
When enabling signals in the terminal and subscribing to one of them, Subscribers should select what part of the deposit is to be used when following the signals. There was an alternative solution of setting the ratio between Subscriber's and Provider's position volumes. But such a system could not guarantee the security of the Subscriber's deposit. For example, suppose that Provider's deposit is 30 000$, while Subscriber's one is 10 000$ and the ratio of 1:1 has been selected. In that case, the Signals Provider may just wait out temporary drawdown having a large volume order, while the Subscriber may lose all the funds with all his or her positions closed by Stop Out. The situation may get even worse if the Provider's balance suddenly changes (top up or withdraw), while previously specified volumes ratio remains intact.
To avoid such cases, we have decided to implement the system of percentage-based allocation of the part of a deposit, which is to be used in trading via the Signals service. This system is quite complicated as it considers deposit currencies, their conversion and leverages.
Let's consider a specific example of using the volumes management system:
1. Provider: balance 15 000 USD, leverage 1:100
2. Subscriber1: balance 40 000 EUR, leverage 1:200, deposit load percentage 50%
3. Subscriber2: balance 5 000 EUR, leverage 1:50, deposit load percentage 35%
4. EURUSD exchange rate = 1.2700
Calculation of Provider's and Subscriber's position volumes ratio:
1. Balances ratio considering specified part of the deposit in percentage terms:
Subscriber1: (40 000 * 0,5) / 15 000 = 1,3333 (133.33%)
Subscriber2: (5 000 * 0,35) / 15 000 = 0,1166 (11.66%)
2. After considering the leverages:
Subscriber1: the leverage of Subscriber1 (1:200) is greater than Provider's one (1:100), thus correction on leverages is not performed
Subscriber2: 0,1166 * (50 / 100) = 0,0583 (5.83%)
3. After considering currency rates of the deposits at the moment of calculation:
Subscriber1: 1,3333 * 1,2700 = 1,6933 (169.33%)
Subscriber2: 0,0583 * 1,2700 = 0,0741 (7.41%)
4. Total percentage value after the rounding (performed using a multistep algorithm):
Subscriber1: 160% or 1.6 ratio
Subscriber2: 7% or 0.07 ratio
Thus under the given conditions, Provider's deal with volume of 1 lot will be copied:
- to Subscriber1 account in amount of 160% - volume of 1.6 lots
- to Subscriber2 account in amount of 7% - volume of 0.07 lots

Profit in course, some drawdowns 10 %

Nice support.

Strategies look very good...
For me Statement are equals ( Profit / Loss exactly equals )


For All Newbies this signals requirements 10.000 units.
Then contact signal provider to open a real account with (10.000 USD) or open a Cent Account with ( 100 USD )
Leverage recomended is 1:200 ( No More... No Less )



Then
FXPROS > Subscribe and let's go running this signals
Newbies > Contact Signal provider to more explanation ( complete the recommended setup ) .


In Next week i return here, post results.









  

Dear Pradalover!

You forgot to tell the people that it is probably 20:00 were you live and your update shows a negative (drawdown of) -259. While you still made 10%.

Oh my god !!! Hold the horses !!! Don't make them shy !!! Don't confuse the people here !!! Don't make us nervous !!!

To tell you what WE made today until now: 12,96% You made at the same time 0,5%, due to your leverage and low balance.

Please fund your account to the master account's level. That the only thing, that makes sense.

Yours sincerely

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

OrtwinRich posted:
Dear Pradalover!

You forgot to tell the people that it is probably 20:00 were you live and your update shows a negative (drawdown of) -259. While you still made 10%.

Oh my god !!! Hold the horses !!! Don't make them shy !!! Don't confuse the people here !!! Don't make us nervous !!!

To tell you what WE made today until now: 12,96% You made at the same time 0,5%, due to your leverage and low balance.

Please fund your account to the master account's level. That the only thing, that makes sense.

Yours sincerely

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

let me get this straight. when you posted in this forum, when people joined your signal service, you never mentioned that you need this, you need that. You said that the only thing that you needed is 10000 units which I accomplished. You never mentioned that you have to have the same balance as the Master Account. Nowhere in your welcome email did you mention that. Please don't also confuse the people here that I have low balance. Low balance is below the 10000 units. My account is 10000 so my balance is not low. Second, in your website, you never had the instruction that your leverage must be like this or like that. You only gave instructions when I started posting what is happening in my account and third, this observation was also observed in my profiforex account which has 1:100 leverage and a balance of 10000. I remembered correctly during that time when I was using profiforex, I asked you why is there a difference in trades of the master account and you said change to roboforex immediately which I accomplished. I don't want to argue here as I am your subscriber. I am posting because I want you to improve your service, investigate on what is happening and then we all move forward. Don't take my posts as a sort of personal attack to your signal service because I am your subscriber. All my posts are not fabricated, it is my observation in my account. So please take this as a learning experience for the both of us because if not for my posts then you will not educate people that you need specific criterias for this signal service to work.

Peace.

I'm don't know if my account resembles the Master Account etc. I did made some profit and its okay if the growth are not exactly the same as the Master account in $$$ because of the lower Lotsize, but it should closely resemble the % growth or lost.

pradalover2424 posted:
You never mentioned that you have to have the same balance as the Master Account.

This is my only issue at this stage. I'm at RoboForex, I funded with 100USD and set the account to 1:200. correct me if I'm wrong, but this means that the only time we will be able to withdraw from these accounts is if their is a withdrawal on the Master account and if there is a deposit on this account, then we will have to fund our accounts as well.


Now as I understand it is something that came to light last week, which is okay, but should the master account then not be 100USD and profits withdrawn at the end of each month. And should the Lotsize not match that of the account holder.

In the end. it is a good service, good response time and affordable. Lets hope things get sorted

Good trades to All
MariusM

pradalover2424 posted:

OrtwinRich posted:
Dear Pradalover!

You forgot to tell the people that it is probably 20:00 were you live and your update shows a negative (drawdown of) -259. While you still made 10%.

Oh my god !!! Hold the horses !!! Don't make them shy !!! Don't confuse the people here !!! Don't make us nervous !!!

To tell you what WE made today until now: 12,96% You made at the same time 0,5%, due to your leverage and low balance.

Please fund your account to the master account's level. That the only thing, that makes sense.

Yours sincerely

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

let me get this straight. when you posted in this forum, when people joined your signal service, you never mentioned that you need this, you need that. You said that the only thing that you needed is 10000 units which I accomplished. You never mentioned that you have to have the same balance as the Master Account. Nowhere in your welcome email did you mention that. Please don't also confuse the people here that I have low balance. Low balance is below the 10000 units. My account is 10000 so my balance is not low. Second, in your website, you never had the instruction that your leverage must be like this or like that. You only gave instructions when I started posting what is happening in my account and third, this observation was also observed in my profiforex account which has 1:100 leverage and a balance of 10000. I remembered correctly during that time when I was using profiforex, I asked you why is there a difference in trades of the master account and you said change to roboforex immediately which I accomplished. I don't want to argue here as I am your subscriber. I am posting because I want you to improve your service, investigate on what is happening and then we all move forward. Don't take my posts as a sort of personal attack to your signal service because I am your subscriber. All my posts are not fabricated, it is my observation in my account. So please take this as a learning experience for the both of us because if not for my posts then you will not educate people that you need specific criterias for this signal service to work.

Peace.

Dear Pradalover!

I thank you that you want to improve our service. We all learn every day a little more.

What i really dislike, or even hate, on you is, that you shout and yell and blame us via mail and here when just a little thing goes not into your favor. But you do not say -Thank you- or any good word here regarding our help for you.

We recommend Roboforex to you and you choose Profiforex. The offer 0.01 lots for a cent account. This is pure nonsens. Who wants to trade with less than a cent? But this little detail would made just 1/10 of profit that we wil made.

When we spottet this, we warned you right away. No thank you, nothing at all. But you blamed us to lie and to scam.

When we told you to open annother account with leverage 1:200 you set it to 1:500. And again, we were the bad boys, which did not react on your mails in the middle of the night within 3 minutes. What a shame !

We found out about the problem in a very short time and warned you again an gave you solutions to help you. Still no thanks from your side. Just yelling and shouting via mail and here in the forum.

But: - Peace - is accepted

Peace from us, too !

Yours sincerely

Ortwin Rich
Sales and Marketing
I-Make-You-Rich.com

I am very sorry if I feel and sounded like a nagging wife. hehehe

Anyways, THANKS for all your help Queen's Support Team.