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sPhantom Auto Trader (By sPhantom Auto Trader )

Gain : +694.0%
Drawdown 91.94%
Pips: 1266.4
Trades 261
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

sPhantom Auto Trader Discussion

borncorp
Dec 21 2013 at 11:29
11 posts
borncorp
Dec 21 2013 at 11:29
11 posts
Anubis posted:
Hi @borncorp.
I sent you a message on your myfxbook page. It seems your EA is not opening the second trade when it needs to be. I will message you with a broker recommendation. If you go to: sphantom-Anubis2, you can follow my account which has been very close to the vendors.

Yeah, I see your account is working fine. I see you are using Traders Way, does that work for US accounts?

daytrader15
Dec 21 2013 at 11:29
4 posts
Borncorp you have to use 10% risk otherwise the second trade will not open. I use IBFX US as well it's 1:50 leverage by law in the US that's what all trusted brokers leverage. You can get a micro account that's 1:200 leverage that will allow you to risk a high percent.

Ken Grakauskas (Michigander)
Dec 21 2013 at 12:50
321 posts
Trusted US brokers?? Go abroad and get a real broker. FinFx (Finland) has 200:1 with 300:1 if you ask for it. Traders Way (Dominica) has 500:1 up to 5 grand and 200:1 after that. ForexFS (Australia) has 300:1. They all take US clients. I've traded with all of them. As an Amerikan, I decided to start an offshore entity for a nonUS presence to access XM Markets for 888:1 up to 20,000 USD. It is such bullshit that an asshole like Barney Frank (Dodd-Frank) has to 'protect' us at 50:1 while the vampire squid banks get to leverage their derivative exposure at 5000:1. What a joke of a country we are. FinFx is probably one of the best brokers out there for Amerikans. Accounts are segregated and audited.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Back Pearl
husar2003
Dec 21 2013 at 15:03
102 posts
I have gkfx 1:50, and it works fine

John Engelsby-Hansen (Engelsby)
Dec 21 2013 at 21:22
10 posts
I use Armada Markets with leverage 1:500. Thats working very fine with sPhantom too.
I can recomment Armada Markets. They work closely together with FinFX.

How to end up with one million dollars in the market. "Start with $2 million"
tackey
Dec 23 2013 at 15:46
4 posts
Dear sPhantom Auto Trader

I am interested in your EA.
I want to join your EA.
I have not yet connect my account in PepperStone to myfxbook.
After connect account,can I use Sphantom?


willgart
Dec 23 2013 at 15:56
588 posts
tackey posted:
Dear sPhantom Auto Trader

I am interested in your EA.
I want to join your EA.
I have not yet connect my account in PepperStone to myfxbook.
After connect account,can I use Sphantom?


why you talk about joining? and connecting to myfxbook?
just buy it:
https://www.sphantom.com/

sPhantom is not a signal provider in MyFxbook


tackey
Dec 24 2013 at 22:17
4 posts
willgart posted:
tackey posted:
Dear sPhantom Auto Trader

I am interested in your EA.
I want to join your EA.
I have not yet connect my account in PepperStone to myfxbook.
After connect account,can I use Sphantom?


why you talk about joining? and connecting to myfxbook?
just buy it:
https://www.sphantom.com/

sPhantom is not a signal provider in MyFxbook



Thank you.
I bought sPhantom today and istall it.
It works normaly.


ProActiveT
Dec 28 2013 at 08:43
22 posts
Hello crew,

I assume that like some others who are following this post, I've never had a EA running and wanted to jump in to start 2014 with this one. This is what I've done today (in this order) for the one's who are looking for a process to follow :

1. I've subscribed to sPhantom license. Note that some promotional links found by Googling gives a 10% rebate ;)

2. I've opened a Standard account with XM Markets (xm.com) and used a leverage of 1:500 (I'm not sure about the leverage but can't figure out where to see what I've put, I'll ask support to confirm but I'm pretty sure they didn't offer 1:400, only 1:200 and below, 1:500 and 1:888). The registration process went very fast (less than 2 hours I was activated by providing the right documents (drivers license and bank statement showing your address), it went pretty quick by asking them to activate gently spped up via their Live Chat.

3. I've set up a VPS server with BeeksFX (though the XM panel). It cost 28$ a month or free if your balance is above 5000$. I've started with 500$ (+150$ bonus) to test the water but if things goes well I'll raise it up so it doesn't seem expensive vsé monthly potential profits.

4. I've immediately opened a ticket on BeeksFX website asking them to install sPhantom by giving them the zip link.

5. I've followed the sPhantom instruction to activate the account.

6. I've logged in my new VPS with Microsoft Remote Desktop (pretty easy), I've completed the setup by following XM Markets & sPhantom instructions.

And voilà! I'm ready to go.

Now I need advises on whether I should keep a leverage that high (I see thant myfxbook sPhantom's Profile shows 1:400) or should I diminish it?

Also considering I'm only playing with 650$ to test it out, I wonder if those settings are appropriate for me :

RISK_PERCENT : 10
USE_FIXED_LOT_SIZE : FALSE
MAX_SPREAD : 4.5
HIDE_SL_TP : FALSE
BUY_ALLOWED : TRUE
SELL_ALLOWED : TRUE


Hope my little steps help some starters out there. Any help in return about setup will be greatly appreciated.

Happy New Forex Year! ;)

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