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sPhantom Auto Trader (By sPhantom)

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

sPhantom Auto Trader Discussion

willgart
Jan 08 2014 at 16:17
588 posts
Mouradh posted:
I guess at the end of the day, this is a grid trader, and when I use grid traders I set my SL = 500 pips, but they're frequent traders, not the same style of sphantom.
I recall the vendor saying this is an emergency SL and the software will close the positions before it hits the full 250 pips SL.
Scroll back the pages you'll find him saying the exact words of yours!

well... they can open 2 trades maximum. I don't flag this EA as a grid EA.

rsmereka (rsmereka)
Jan 08 2014 at 19:26
51 posts
Hi All,

I have been running sPhantom on a live/real money account with Global Prime since Jul 22, 2013. I am strictly using the OOTB settings including risk. My account details are:

https://mt4i.com/users/rsmereka

Even though I am against poor RR EA's, to date, sPhantom has done very well for me. I transfer out 50% of the profit each month.

You can read about my sPhantom experience at:

https://www.pipcop.com/forums/forex-robot-reviews/499-sphantom.html
and
https://www.pipcop.com/forums/member-trading-journals/171-rsmereka-trading-journal.html

Thanks for listening,
Rick

rob559
Jan 08 2014 at 19:35
1916 posts
the problem i think is, when the master acc gets a blow he will stop sending signal ,you gotta get in sooner than later,not any better than a martingale grid or some other sort o high risk trading,too late to get in ,but the good thing different than fx papa is there is an news filter working this time

UncleSteve
Jan 09 2014 at 14:56
45 posts
rob559 posted:,not any better than a martingale grid


Can you explain how this is not any better than a martingale or any other kind of grid?

There's never more than 2 trades open; usually only one is opened and then closed a bit later.

How can the account suffer a blow unless there are open losing trades being carried forward?

"Press On" has solved and will always solve, the problems of the Human Race
Michigander (Michigander)
Jan 09 2014 at 15:59
321 posts
Steve;

Putting the best spin on rob559's bloviating....Its not better, or worse, than a martingale. Its different. A martingale can kill your account all at once. A normal trading system like sPhantom can kill you by the 'death by a thousand cuts.' Both take money management to mitigate risks.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
rob559
Jan 09 2014 at 18:54
1916 posts
Michigander posted:
Steve;

Putting the best spin on rob559's bloviating....Its not better, or worse, than a martingale. Its different. A martingale can kill your account all at once. A normal trading system like sPhantom can kill you by the 'death by a thousand cuts.' Both take money management to mitigate risks.


 thanks for the 'bloviating'
that's what i meant

Anubis (Anubis)
Jan 10 2014 at 03:49
87 posts
I am having a very hard time withdrawing funds from current broker, so changing brokers. Starting with a smaller balance and all settings same as vendors. Anubis-sPhantom3

"Risk means more things can happen than will happen."
EAFXProfit
Jan 10 2014 at 18:40
87 posts
Nice performance.
o my god - IBFX have hard time withdrawing? thx i just open account...





Dhiraj
dhiraj
Jan 10 2014 at 19:36
116 posts
Hi,
How can I find your EA for a trial.

Michigander (Michigander)
Jan 10 2014 at 19:56
321 posts
www.sphantom.com

There are no trials. Your all in day one.

War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
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