sPhantom Auto Trader Discussion

haters going to hate :-) If you read my complete post; 'I am almost back where I started'. Meaning that I did lose on the epic event (that separated all the boys from the mans) somewhat profit yes! But it's gaining pips as we speak (just made another 10 within 1 hour).

What I was really wondering, and the true purpose of this community instead of hating, if anyone already got word from sPhantom on the change they did or did not made to their EA. Perhaps that sPhantom can commit here directly?

ihiii... profit again for +10 pips.

Gendam posted:
Hallo.. Im intresting your EA. Before i buy it, could you explain in general how it works. Thankyou

SCAM WARNING!!! BECAREFUL DON'T SIGN UP WITH ANY KIND OF SIGNAL BY AUTO TRADER OR AUTO EXECUTION SIGNAL SERVICE.

AS I EXPERIENCED ENOUGH FOREX IS BEST PLACE TO TARGET PEOPLE BY PROVIDING TEMPORARY SIGNAL SERVICE ONLY AND ONLY TO SCAM TRADERS TO MAKE EASY MONEY MOST SCAMMERS ARE IN FOREX MARKET SO VERY BECAREFUL AND ALWAYS TRY TO BE WISE THAN TO PAY FOR SIGNAL AND GET YOUR EQUITY WIPE OUT.!!

DON'T LET SOME BODY WHO YOU DON'T KNOW TAKE CONTROL OF YOUR MONEY EQUITY AND WIPE OUT YOUR HARD EARNED DEPOSIT MONEY AS A THANK YOU FOR JOIN US.!!!

LOGIN TO MY REAL ACCOUNT NUMBER AND SEE HOW THIS RUBBISH STUPID SERVICE AND GUY WHO IS BEHIND THIS SIGNAL WIPE OUT MY ACCOUNT.!! IF ANY ONE WANTS PROOF.!!! ALWAYS CONTROL YOUR MONEY ONLY AND ONLY BY YOURSELF BEFORE YOU LOSE HUGE AS sphantom DONE THAT TO MY ACCOUNT.!!

Login: 914069

Investor Password: h2jwc9b

Order NUMBER: 1487874

Order Number: 1491282

I ALSO PAID $399 FOR FXPAPA THE SAME AUTO TRADER www.fxpapa.com THE SITE IS GONE.!! HERE IS THE SAME SITE DESIGN sphantom HAS JUST SEE EXACTLY THE SAME CHEAP SITE DESIGN www.best-4ex.com THAT IS WHY I AM TELLING TO ALL TRADERS NEVER GO FOR ANY KIND OF AUTO SIGNAL SERVICE BECAUSE THEY ARE 100% SCAMMERS IN FOREX.!!!!

TRADERS WHO ALREADY PAID FOR THIS SCAM SERVICE UNDER FAKE SIGNALS KNOW WELL I AM ONE OF THEM AND THIS POST IS ONLY TO KEEP ANNOCENT HARD WORKING TRADERS NOT TO BE VICTIMS PLEASE STAY AWAY FROM THESE KIND OF ABSOLUTE SCAMMERS AND NEVER TRY TO BE A TARGET FOR THESE SCAMMERS.!!!!
 
I hope you did not buy sphantom as I already experienced this kind of signal service is total scam service,they target people as much as possible to sign up and when they rich the money they already planned you will see one day in near future no more signal you can receive because they will suddenly disappeared and hide behind the web then there is no rules for you to get your money back,forex is a free market and full of scammers because easy to scam people under legit signals or another forex related services all are real scam, since I paid for sphantom the guy behind the signal service sent me and other traders who paid for sphantom a fake signal just 5 minutes before news release time.!! very poor trader and service.!! because his signals almost wipe out my account signals with some profits anyone who still use this service must also received such stupid wrong time and wrong direction signals,the first signal hit stop loss of 200 left me $1403.35 volume was 1.27 second signal he sent to recover first signal also hit stop loss leaving me another $995.68 lose.!! there are many signal services some with auto execution all are total real scammers in forex to make such easy but dirty money,all people who paid for this service must know sphantom magic number 8301908 this is to confirm I am a loser of this RUBBISH service under control by a TEEN or very poor trader call himself we are a group of many years experience and then he sent such stupid signals in wrong time and wrong direction,PLEASE JUST LOGIN TO MY REAL ACCOUNT that sphantom destroyed,I tried very hard to recover such hige lose but because I was so upset and nervous then the rest of my equity also gone behind sphantom HUGE drawdown,he must be a TEEN behind this service to play with innocent traders money because experience trader never open a trade in WRONG DIRECTION a few minues before news release time.

MY ACCOUNT WILL TELL YOU ONLY TRUTH,I REMOVED AND DELETED phantom FROM MY COMPUTER TO SAVE MORE BIG DRAWDOWN IN THE FUTURE.!!!

I am really busy person not just for trade and have not much time to check here and support any comments.

All CAPS...
That made me sit up and take notice...

Loser! with a capital L

Support is nonexistent right now, but at least the EA is working. Hope the authors can give us an update on what has been changed.

izemoish posted:

Gendam posted:
Hallo.. Im intresting your EA. Before i buy it, could you explain in general how it works. Thankyou

SCAM WARNING!!! BECAREFUL DON'T SIGN UP WITH ANY KIND OF SIGNAL BY AUTO TRADER OR AUTO EXECUTION SIGNAL SERVICE.

so, give your sphantom license to me for free :)

Opportunist they are everywhere. Buy it like most of us here.

izemoish is a loser! Having a fat cry because he lost money he couldn't afford. What does risk capital mean to you izemoish?

9 profit trades in a row! go Sphantom. Keep it up Benton.

Lovin it!! Running at 50.00 risk and happy with the results. If it blows out again that's just how it is. This is a HIGH RISK EA. Treat it as such and stop bitching about the draw downs. They WILL HAPPEN. That's life and if you don't have THE STOMACH FOR IT THEN YOU NEED TO PUT YOUR MONEY IN THE BANK.. Thank you sPhantom for an EXCELLENT EA!!!!!!!

Interested buying a phantomEA license. add me on skype @lordgiap. thanks =)

Can anyone explain to me how does sPhantoms covering work? It looks like a hedge but in the same direction than original trend and not oppposite. This doesn't make sense,it's like doubling the lot of a positions that has gone away out of the money.
Also, does anyone know about how their signals are started? Is there a real team as developer say they are or it's just a single EA running on signals?

enicolasgomez posted:
Can anyone explain to me how does sPhantoms covering work? It looks like a hedge but in the same direction than original trend and not oppposite. This doesn't make sense,it's like doubling the lot of a positions that has gone away out of the money.
Also, does anyone know about how their signals are started? Is there a real team as developer say they are or it's just a single EA running on signals?

The second position brings the BE and TP closer to the current price allowing it to close on a smaller reversal.

You could call this a 'kinda martingale'; it doubles the positionsize if the trade goes wrong. But if it looses it looses till the margincall. Both positions get closed very fast if they go into profit - just a few pips - which easily leads to inaccuracies and loss of the slave accounts (our accounts) due to slippage and out-/input lagg. This also improves the successrate (the few pips not the loss ^^).
The last year was pretty good for a system like sPhantom, rather low amplitude and not too trendy. But if you look in the past at a bigger frame you see that this is rather the exception. At some point bigger movements will come back and thats the time where sP will die.
But take your own decisons

I just found this test which is very similar to sphantom:

https://www.myfxbook.com/members/pipable/menkent/822555

anyone anythoughts?

sPhantom posted:

ler0y_br0wn posted:
Apart from every other consideration, what I see browsing the few trades visible brings me a question on "trade dynamics".

Let me try to explain.

When the system catches the trend he takes 10 pips = +3% and closes.

When ìt's wrong at first he tries a second trade (in the same direction) to average a lower profit, like 5 pips more or less

So all is VERY good if it's right at first or at the second try.

But I see stop loss is 250 pips which would mean a loss around 75% of total equity.

I'm curious to know from developer (or see in live account) what happens if it misses try 1 and 2. Which is an eventuality I don't feel like ignoring... not everyday is Christmas.

Probably the loss will be cut before stop loss but I would like to hear from developer.

Forgive me if my description above is too "sketchy" and feel free to refine it.

Thanks

Dear Simone

Thanks for your question. This EA uses emergency stop loss. It's 250 pips from the first position. The EA may close both positions before SL point.

We are working on the EA to decrease SL level.

Regards

Back in July last year...

Honestly, I would buy it (even now) IF I could backtest it in a meaningful way and trust the signal transmission from the server.

As it is now it's out of any control from my side.

bigfan posted:
I just found this test which is very similar to sphantom:

https://www.myfxbook.com/members/pipable/menkent/822555

anyone anythoughts?

Maybe somebody have the same ea and sell the signal again

bigfan posted:
I just found this test which is very similar to sphantom:

https://www.myfxbook.com/members/pipable/menkent/822555

anyone anythoughts?

I don't think so. All the positions were opened differentially compare with both account, although the trade management logic is almost the same.

I do not help anyone to say good word, but seriously i also want to trade this way in my live account soon, it is gamble, think of buying lottery but trading is much more better than lottery or play in casino from my live experience. However, if you understand well about the swing movement of EURUSD, consistent money is not an issue. Which i notices, took one position sometime could be a bit earlier because really cannot predict the movement in smaller time frame, but another position is entered is just nice to bring back to breakeven, or maybe some slightly few pips profit to close both positions. Of course, emergence SL is must, but i have an idea about target management in order to produce good RR, it is all about balancing.

BluePanther posted:

Anubis posted:
...whether or not it is a copier or a true EA is a mute issue.... Just my opinion.

I do not agree. As sPhantom says, their copier EA contacts the server 4 times per minute, and every client increases traffic.

A true standalone EA is the only one I would be interested in. This sort of system will only work for the first investors, but with growth in clientele eventually a copier EA must either be limited to the server's capacity, or else ALL clients will begin to suffer poor performance later.

sPhantom, I would implore you to release a standalone EA to avoid this issue. You can still protect your intellectual property by proper licensing and only releasing the compiled ex4 file.

SCAM WARNING!!! BECAREFUL DON'T SIGN UP WITH ANY KIND OF SIGNALS BY AUTO TRADER OR AUTO EXECUTION SIGNAL SERVICE.

Very sorry I made a mistake on my first post,the website as explained is exactly the same design as sphantom site here it is https://impactfx.az.com/newsfeed/
www.fxpapa.com and www.best-4ex.com don't exist anymore, scammers enjoying the money they stole from us.!
RUBBISH sphantom signal service is under control by a TEEN or very poor trader call himself we are a group of many years experience and then he sent such stupid signals in wrong time and wrong direction,PLEASE JUST LOGIN TO MY REAL ACCOUNT that sphantom destroyed,I tried very hard to recover such hige lose but because I was so upset and nervous then the rest of my equity also gone behind sphantom HUGE drawdown,he must be a TEEN behind this service to play with innocent traders money because experience trader never open a trade in WRONG DIRECTION a few minues before news release time.
 
A scam is the consequences of acts undertaken by a dishonest person whose sole aim is to steal your money under such fake signal service that could be a free or paid indicator or a robot he follows to send signals.!!!

HE IS ANOTHER LIER SCAMMER WANTS TO RICH THE AMOUNT OF MONEY HE TARGETED AND PLANNED,FOREX IS FULL OF RUBBISH CHEAP SCAMMERS BIG LIER JUST SEE HIS ANSWER TRYING TO FOLLOW ALL OF YOU HERE WITH GOOD RESPECT AND ANSWER WELL AND READY TO SELL YOU $299 A ROBOT TO WIPE OUT YOUR ACCOUNT.!!!!!!! THEY ARE MORE THAN SICK AND RUBBISH CHEAP PEOPLE.

AS I EXPERIENCED ENOUGH FOREX IS BEST PLACE TO TARGET PEOPLE BY PROVIDING TEMPORARY SIGNAL SERVICE ONLY AND ONLY TO SCAM TRADERS TO MAKE EASY MONEY MOST SCAMMERS ARE IN FOREX MARKET SO VERY BECAREFUL AND ALWAYS TRY TO BE WISE THAN TO PAY FOR SIGNAL AND GET YOUR EQUITY WIPE OUT.!!

LOGIN TO MY REAL ACCOUNT NUMBER AND SEE HOW THIS RUBBISH STUPID SERVICE AND GUY WHO IS BEHIND THIS SIGNAL WIPE OUT MY ACCOUNT.!! IF ANY ONE WANTS PROOF.!!! ALWAYS CONTROL YOUR MONEY ONLY AND ONLY BY YOURSELF BEFORE YOU LOSE HUGE AS sphantom DONE THAT TO MY ACCOUNT.!!

Login: 914069

Investor Password: h2jwc9b

Order NUMBER: 1487874

Order Number: 1491282
sphantom magic number you will see 8301908
MY ACCOUNT WILL TELL YOU ONLY TRUTH,I REMOVED AND DELETED phantom FROM MY COMPUTER TO SAVE MORE BIG DRAWDOWN IN THE FUTURE.!!!

TRADERS WHO ALREADY PAID FOR THIS SCAM SERVICE UNDER FAKE SIGNALS KNOW WELL I AM ONE OF THEM AND THIS POST IS ONLY TO KEEP ANNOCENT HARD WORKING TRADERS AWAY NOT TO BE VICTIMS PLEASE STAY AWAY FROM THESE KIND OF ABSOLUTE SCAMMERS AND NEVER TRY TO BE A TARGET FOR THESE RUBBISH SCAMMERS.!!!!

 He invested only $100 for his risk and wants to risk our much bigger account to wipe out for sure as he did to my nice growing account,he is not a real trader he want to scam people only and ordered his robot sphantom by a developer as a tool to start scam service,I really made a mistake to pay for a account killer Robot, so how you people here can leave your bigger account under control by this scam service to KILL your account soon or in near future then he will hide behind the web the same as www.fxpapa.com and www.best-4ex.com/ wipe out your hard earned money on your account.!! never ever trust these kind of scammers they are everywhere in forex market where they can target alot of new people in market to cheat them by lie and scam after that.!! usually they get disappear after the amount of money they targeted and planned to make.!! please don't try to be easy victim for scammer.!!
DON'T LET SOME BODY WHO YOU DON'T KNOW TAKE CONTROL OF YOUR MONEY/ EQUITY AND KILL YOUR HARD EARNED DEPOSIT MONEY AS A THANK YOU FOR JOINING US.!!

Another scammer selling scalper robot, www.profxscalper.com after payment there is no robot for you to receive, if you check his site you will see payment transaction page is not secure https:// he will see all credit card detail including 3 digit security code on back of credit card so he can take all money from credit card once a buyer entered all information.!!

always and always use only paypal or any payment transaction company can support buyer well,paypal improved buyer protection,it means if you pay for anything online and seller wants to cheat you to scam you then you have option to open a dispute and force seller to answer you or process your refund as paypal is your witness and will take series action against seller and your money will be on your account as payment reversal back to your account by paypal ANTI-SCAM ACTION.!! don't use (skrill /moneybookers) for any payment if you do then there is no option by MoneyBookers to get your money back.

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