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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

Joseph (Anubis)
Feb 03 2014 at 08:29
87 posts
If you send sPhantom a request, they will send you a customizable version to set whatever SL your comfortable with. I dont tust 'Emergency Stoplosses'. The vendor will only reply on this site to technical questions about the EA, not about their strategy. I'm also running an older version of Toms EA: ' Anubis-Toms EA v1.95 ' on myfxbook. It's an interesting EA.

"Risk means more things can happen than will happen."
FXWorkz (Silverthorn)
Feb 03 2014 at 08:32
268 posts
Anubis posted:
redliner: Also, I have the modified version with SL at 100, and risk at 30 to see what happens.


Go you good thing!!!!

You can't spend open trades.
Jarora
Feb 03 2014 at 09:32
371 posts
Jarora posted:
teuteux13 posted:
this ea is the same as FXpapa and FX helm.

The autor disappear always and it s changing the name of his ea every year.

After he will never answer you.

Same strategy and same copier.

Be very carefull!!


Yes it is same strategy and vendor. Look this:

https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com

https://www.simplywhois.com/whois/sphantom.com
https://www.simplywhois.com/whois/fxpapa.com
https://www.simplywhois.com/whois/Cyber-Forex.com
https://www.simplywhois.com/whois/fxhelm.com

The same address:

Registrant:
Contact Privacy Inc. Customer
96 Mowat Ave
Toronto, ON M6K 3M1
CA
+1.4165385457


Also fell as their FxPapa. Earned on the sale sPhantom and not on trading account.

https://statements.forexpeacearmy.com/zzstopped_fx_papa_real/statement_new.htm

corre71
Feb 03 2014 at 11:10
256 posts
Jarora posted:
Jarora posted:
teuteux13 posted:
this ea is the same as FXpapa and FX helm.

The autor disappear always and it s changing the name of his ea every year.

After he will never answer you.

Same strategy and same copier.

Be very carefull!!


Yes it is same strategy and vendor. Look this:

https://www.forexpeacearmy.com/public/review/www.cyber-forex.com
https://www.forexpeacearmy.com/public/review/www.fxhelm.com
https://www.forexpeacearmy.com/public/review/www.FxPapa.com

https://www.simplywhois.com/whois/sphantom.com
https://www.simplywhois.com/whois/fxpapa.com
https://www.simplywhois.com/whois/Cyber-Forex.com
https://www.simplywhois.com/whois/fxhelm.com

The same address:

Registrant:
Contact Privacy Inc. Customer
96 Mowat Ave
Toronto, ON M6K 3M1
CA
+1.4165385457


Also fell as their FxPapa. Earned on the sale sPhantom and not on trading account.

https://statements.forexpeacearmy.com/zzstopped_fx_papa_real/statement_new.htm


They look very similar!

Running only Expert advisors with good long term backtests and nice forward tests
forexpipcatcha
Feb 03 2014 at 11:25
325 posts
yes but that statement is very old which implies that (1) They are both using the same signals and (2) They both are using similar risks with the same crappy results lol.
Most likely that sPhantom are using the fxpapa signals and being altered

Jimmeh
Feb 03 2014 at 11:59
9 posts
corre71 posted:
Hmmm, plus let me explain my point of view! First to take every months the gains suppose u have gains and is recommended with grid martingale strategies, which, if well coded, are profitable in the long run with DD in order of 40%. Second someone is thinking that the short message from the vendor means something: it' s only because some have requested refund to Avangate which have stress ed them. Third if u ever used a profitable ea must knows that the s/l are intended ususally for safety reasons only, the trades only sometimes reach the s/ values (also if tight at only 50 pips). Pls, take the time to review the history of trades of the profitable ea u want and look in the history how many Times trades reached the full sl. Trades are closed earlier based on the algoritms of the ea, but here the ea exists? I have bought this (i cannot use the term ea) only because i saw in the history the worst trade was at -23 pips and the vendor stated many Times 200 pip sl was only for safety reasons. I was not complaining nothing if sphantom took 10 losing trades in a row of 20 - 30 pips, an ea does not necessarily need to be profitable, but here i do not see any ea, any support, only smoke. Pls, opening ur eyes and stop to dream! Jarora was right

Jimmeh, lucky don't last for ever. If u read their website u see celar la stated that this Spahntom don't need any intervention by the users. I know the risk batter than u and so my risk was at 3. If someone sell u a banana a nd in your bag u find a mushroom i think u will ask a refund. Also look strange that u registered in myfxbook few minutes before posting ur suspect post, jimmeh or maybe Brenton or aka the way u with to call u. This is a scrap and the people Who do not under stand this or are sleeping or are in some way involved. Strange that u poster only now, where u was last weeks?


lol ah the old you only just joined so must be aligned with sPhantom. Please. So you know the risks better than I hey? Firstly the 200 sl is actually 250, and the time it made -23 pips it had a drawdown 100 pips and 65 pips running before recovering.... luckily!

Even with this catastrophe the sPhantom account on here is 200% up in under a year... although running at your risk settings that would be 20% lol, but you appear to be chucking all your toys out of the pram. If your risk was at 3 then you lost like 8%. Your beloved Wally lost 7.33% in one trade back in mid 2012 yet you still think that is a good thing yes? Sorry to be harsh but yours seems to be an over-reaction and it is the type of attitude that would see the ea disappear for all, rather than try to improve it for the benefit of everyone. I know it looks like I'm defending them and well I am I guess, but there is no doubt that the trade that was made was completely stupid and there is no defending that! Risking massive loss for a 10 pip gain just before a huge news event is ridiculous and hence why I closed it.

Lastly I actually copied all the data from myfxbook into an excel spreadsheet to see if a customisable or lower emergency stop loss would be a better thing using the drawdown data, but the truth is this was the first time where a shorter stop loss would make the overall account any better. So people calling for trades to be culled at 50 pips or something would see the account looking very dismal and the ea would look like junk. Forex is risky stuff, if you can't handle losses, don't trade forex! Simple.


UncleSteve
Feb 03 2014 at 12:44
45 posts
@corre71: Jarora is a nutbar make-money-onliner who trashes anything that he doesn't have on his crappy affiliate site.

@jimmeh: I'd go further than you although you're right: cutting losing trades at 50pips wouldn't have made an improvement. However, the money management issue isn't really about number of pips. The problem is, there wasn't any money management at all.

Having paid for this EA I'll use it again (but only on profits and in its own account) on condition I can set MM parameters. In my case that means a stop loss that makes sense and a trailing stop to close the trade. Otherwise I put it down to experience, never again buy an EA that doesn't allow me to set MM, and walk away.

Oh, and I still wouldn't get any advice from Jarora...

"Press On" has solved and will always solve, the problems of the Human Race
corre71
Feb 03 2014 at 12:48
256 posts
UncleSteve posted:
@corre71: Jarora is a nutbar make-money-onliner who trashes anything that he doesn't have on his crappy affiliate site.

@jimmeh: I'd go further than you although you're right: cutting losing trades at 50pips wouldn't have made an improvement. However, the money management issue isn't really about number of pips. The problem is, there wasn't any money management at all.

Having paid for this EA I'll use it again (but only on profits and in its own account) on condition I can set MM parameters. In my case that means a stop loss that makes sense and a trailing stop to close the trade. Otherwise I put it down to experience, never again buy an EA that doesn't allow me to set MM, and walk away.

Oh, and I still wouldn't get any advice from Jarora...


I don't know this guy Jarora and i will buy ea only from developers Who demonstrated in the past to produce e profitable ones and that provide support and updates to keep them profitable, after that any things can happen (but not only in 1 trade)

Running only Expert advisors with good long term backtests and nice forward tests
Matt (BluePanther)
Feb 03 2014 at 12:57
1354 posts
News just in!

https://www.forexbrokerz.com/news/sphantom-ea-problems-money-management

@forexpipcatcha Of course, I only share this to be unhelpful... 😝 I can't help myself even! Aren't I a sore loser? lol

On a serious note, I am sad to hear of pps losses and I hope you all make the money back soon. 😞

Speaking for myself, it was fascinating to watch while it lasted! 😎

forexpipcatcha
Feb 03 2014 at 13:22
325 posts
well derr that's news you and everyone knew of in fact that is what happens when you trust a non experienced and non proven loser like sPhantom who copies trades and alters them rather than a professional. All these fly by EA's with a risk to reward so big like this one of 25:1 always last for a short term (i.e less than a year) and anything lasting a long time certainly wouldn't have such an bad risk to reward...
and I can help myself! 😀

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