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sPhantom Auto Trader (By sPhantom Auto Trader )

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

sPhantom Auto Trader Discussion

Jan 31 2014 at 12:26
36 posts
All guys,I have told you the sPhantom is fx_papa.
jiang posted:
Hello,all guys,
After I study the trade records for sPhantom && fx_papa again and again
,I am hundred percent sure that sPhantom is a reborn for fx_papa.
    Why? Let me prove it.
  1.For fx_para,there are some records with 2 positions or 3 positions to win EURUSD/GBPUSD,for example ,the following two trade record closed at the same time for fx_para

23814035 2012.04.18 04:00 buy 0.57 eurusdm 1.31235 0.00000 0.00000 2012.04.18 13:56 1.30975 0.00 0.00 0.00 -14.82 -26
23819475 2012.04.18 12:50 buy 0.57 eurusdm 1.30633 0.00000 0.00000 2012.04.18 13:56 1.30975 0.00 0.00 0.00 19.50 34
   sPhantom win some trades with 2 position on EURUSD

 2. sPhantom and fx_para have big stoploss when 2 trades failed.

 3.They have the same broker (IBFX Australia Pty Ltd) for test

 4.Firstly I do not understand why the Avg. Trade time Length for 10 pips is so long,but when you compare the Analytics
Average trade length: 11 hours 50 minutes
Average trades opened daily/weekly/monthly: 1/4/14 ( EURUSD,not open trade for Friday)
Average trade length: 8 hours 5 minutes
Average trades opened daily/weekly/monthly: 2/5/22 (GBPUSD and EURUSD)

The are very similar.Why? I find sometimes the first position is not a perfect position when the trade following the trend,they open at a high position when long,a low position when short,so it took much time to save the first position with the second trade.

 What it the problem or the risk for sPhantom && fx_papa?
For fx_para,

1. He stopped trading after a 40-50% Drawdown from 3 trades
2. he has made his live myfxbook system private
3. his EA failed to trade within its set sl llimit

For sPhantom,
  A live analyst will not open trades before the big news, so maybe the trend will not reverse with the news.I am afraid when
the analyst make a wrong decision.

If you decide to use sPhantom ,how to reduce the risk? You need to make a balance with the profit and the risk carefully,
reduce the SL or take small lots.Or when trend reverse,you can close the trades manually.

What about the vendor for sPhantom? I want to say,You are a clever guy,but not honest.If the customer accounts end like the fx_para again,how you feel? I understand it is not a easy job to build a EA,but you need to tell the customers about the risk for sPhantom or fx_para.


Jan 31 2014 at 12:26
21 posts
Oh man! Thank God I did not get in yet! I've been monitoring this forum and Sphantom for the past days.
I'm also checking on Axitrader here on autotrade.
Also, what do you think of Thay have nice stats but only 2 mos.? Anyone?

Jan 31 2014 at 12:26
75 posts
Hello Mates,

it's been so unfortunate for all those who subscribed to sphantom and now the majority would have reached stopout level by now,

MAY I ASK that has Benton done any correspondence with his clients, ofcourse many of u guys would have emailed him. has he replied ??

i wanna mention that in October i bought sPhantom, i was on broker, unfortunately or say FORTUNATELY FOREX.COM VPS didnt upload sPhantom's .dll files, so i used sPhantom on my laptop for 10 days, and eventually shut it down permanently, because on risk 30 settings it was placing extrememy huge lots, and on default risk factor of 10 their were not so handsome gains, that was the reason i left sPhantom,

Ilyes Negadi (Ilyezz)
Jan 31 2014 at 12:27
28 posts
'Sorry, but this system was deleted by it's creator.'

will we face this message in the nex few hours? 🙄

Jan 31 2014 at 12:27
256 posts
I would suggest to open a contest: a prize to the user who suggest the more nice name; i start with my suggestion and i propose to rename Spahantmo to 'Scrappy'!!

Running only Expert advisors with good long term backtests and nice forward tests
Jan 31 2014 at 12:27
1 posts
Hi, maybe that was a margin call?

Jan 31 2014 at 12:28
19 posts
pilotas posted:
You sure trades were closed by sp team, not by broker due to stopout?

From the metatrader logs, the trades were closed out by the sPhantom team, not by broker stopout.

Jan 31 2014 at 12:29
1 posts
I discovered that fundamentally EURUSD hit the trend line upper resistance on the monthly chart...

Jan 31 2014 at 12:30
276 posts
let sick back again and wait for 5 months (according to the history, from 200% to 1300% need 5 months)

Jan 31 2014 at 13:16
58 posts
quietairofmenace posted:
pilotas posted:
You sure trades were closed by sp team, not by broker due to stopout?

From the metatrader logs, the trades were closed out by the sPhantom team, not by broker stopout.

How do you get metatrader logs from sphantom? :)

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