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Vortex Trader PRO (By vortextraderpro )

Gain : +2131.88%
Drawdown 27.67%
Pips: 2247.4
Trades 474
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Vortex Trader PRO Discussion

fxtrader10
Oct 18 2015 at 00:11
226 posts
bhanu545 posted:
fxtrader10 posted:
bhanu545 posted:
Funny to see how everyones loosing with EAs since 3 days. market was doing roller coaster rides and you guys believed EAs. Manual trading would be much better in such a volatile conditions.


How on earth is using an automated bot for your entry any different from a manual trading strategy which would also have entry rules. You sound like your talking shit.....with no clue what your actually talking about. prob not even a trader.


lmao the way u r backing this robot shows you are a supporter for VTP,nvm.
There are few things which EAs cannot understand.
- News ( it cannot read figures, it cannot estimate how many pre,post hours the affect would be.)
- Over bought,sold levels are calculated by stoch,indis etc( but does the robot know if pair has moved already 250pips like GU did where as its normal avg is 150)
-Does it read speeches from governers, banks which have no clear idea what outcome would be.( EAs fail in this case too)

There are such many factors where EAs fail. and too many followers for a EA makes big players SL hunt knowing what the EA followers are doing.


All of what your saying can be programmed douchebag. News filters, no trade if price moved a certain % of ADR......

On the contrary, it sounded like you were trying to sell another product that only manual trades.

Maybe you weren't.....maybe you were....who knows.

FXtrader2010
Oct 18 2015 at 01:34
724 posts
bhanu545 posted:
fxtrader10 posted:
bhanu545 posted:
Funny to see how everyones loosing with EAs since 3 days. market was doing roller coaster rides and you guys believed EAs. Manual trading would be much better in such a volatile conditions.


How on earth is using an automated bot for your entry any different from a manual trading strategy which would also have entry rules. You sound like your talking shit.....with no clue what your actually talking about. prob not even a trader.


lmao the way u r backing this robot shows you are a supporter for VTP,nvm.
There are few things which EAs cannot understand.
- News ( it cannot read figures, it cannot estimate how many pre,post hours the affect would be.)
- Over bought,sold levels are calculated by stoch,indis etc( but does the robot know if pair has moved already 250pips like GU did where as its normal avg is 150)
-Does it read speeches from governers, banks which have no clear idea what outcome would be.( EAs fail in this case too)

you see this is where you are wrong, I know of EAs that do all of this and more! An EA will be more consistent and disciplined than a human will ever be! The trick is to watch the EA and intervene at the right times based on experience. I trade full time and will always use EA for the base of my trading, its like with any other business. Do you go old school and make your life 10x harder or choose automation to do the heavy lifting. Trading is 90% mental and 10% system.

mendeco
Oct 19 2015 at 10:40
43 posts
I agree with what FXtrader2010 wrote and most of all, every news it's already on the chart so any EA can have info about it directly from the chart, the increase in volatility should be included too. And as the human need to watch, realize and act when something happens, if the EA is well programmed to react to every not foreseeable event, he will react way quicker than any human.

Martin101 (Martin101)
Oct 20 2015 at 06:16
32 posts
Its all to easy to blame the EA but don't forget that you are also responsible for how you set your EA settings. Not many traders are as good as Doug so I wonder would you have done any better in these situations? Simple fact, set your stops to a level that your account can handle in these situations and accept it in good faith....thats the way it has always been and always will be.

LogicaLucidity (LogicaLucidity)
Oct 20 2015 at 06:42
51 posts
None of Doug's systems should even be discussed as EA's.
They are all signal services now (Except SwingTrader Pro) and as such we should expect Doug to take action.
I would expect Doug to turn off the signal on his end when he feels things are heated.

In the past Doug had to have to notify clients when to pause the EA with E-Mail Alerts.
This is no longer the case with the signal as he can turn it off on his end.
Sending out E-Mail Alerts is not necessary any more.

For further security, anyone here can turn off their 'Signal Receiver EA' if they feel worrisome.
Doug can control the signal from his end and you can control it from yours.

Doug currently has his risk for Vortex set to 3 lots fixed.
As of right now, this comes to 0.01 lots for every $266.09 he has in his account.
Please take a look at your risk everyone. Some of you have it too high.

The best place to view News is https://wbponline.com/EconomicCalendar
You can view the news very fast for free and they even show revisions.

LL

It is what it is.
Pip_Collector_60 (Pip_Collector_60)
Oct 20 2015 at 08:18
14 posts
LogicaLucidity posted:
None of Doug's systems should even be discussed as EA's.
They are all signal services now (Except SwingTrader Pro) and as such we should expect Doug to take action.
I would expect Doug to turn off the signal on his end when he feels things are heated.

In the past Doug had to have to notify clients when to pause the EA with E-Mail Alerts.
This is no longer the case with the signal as he can turn it off on his end.
Sending out E-Mail Alerts is not necessary any more.

For further security, anyone here can turn off their 'Signal Receiver EA' if they feel worrisome.
Doug can control the signal from his end and you can control it from yours.

Doug currently has his risk for Vortex set to 3 lots fixed.
As of right now, this comes to 0.01 lots for every $266.09 he has in his account.
Please take a look at your risk everyone. Some of you have it too high.

The best place to view News is https://wbponline.com/EconomicCalendar
You can view the news very fast for free and they even show revisions.

LL


Great post @LogicaLucidity , I couldn't agree more. People buy ea's or sign up to signal services, pass all responsibility on to the providers and expect the Holy Grail - this is a cop out. Whether you run ea's or use a service like VORTEX, position sizing and risk management is your responsibility.

That said, the performance of Vortex hasn't been quite as advertised - since July there have been 3 big losses which have wiped out all the gains in the last 4 months. That's almost as much as in the previous three years. Buyer beware, past performance is not a guarantee of future results 🙄

As for me; I have turned Vortex off for now as I'm focussing on another ea - not a signal service. I will turn Vortex back on again some time soon, just not yet.

Good luck in trading

:P


Martin101 (Martin101)
Oct 21 2015 at 06:11
32 posts
I'm of the same opinion, for greater protection of my account I have simply reduced my lot size from 0.35 to 0.10. Sorry if I said that this was an EA. I stand corrected.

John

frantzair
Oct 21 2015 at 14:50
5 posts
LogicaLucidity posted:
None of Doug's systems should even be discussed as EA's.
They are all signal services now (Except SwingTrader Pro) and as such we should expect Doug to take action.
I would expect Doug to turn off the signal on his end when he feels things are heated.

In the past Doug had to have to notify clients when to pause the EA with E-Mail Alerts.
This is no longer the case with the signal as he can turn it off on his end.
Sending out E-Mail Alerts is not necessary any more.

For further security, anyone here can turn off their 'Signal Receiver EA' if they feel worrisome.
Doug can control the signal from his end and you can control it from yours.

Doug currently has his risk for Vortex set to 3 lots fixed.
As of right now, this comes to 0.01 lots for every $266.09 he has in his account.
Please take a look at your risk everyone. Some of you have it too high.

The best place to view News is https://wbponline.com/EconomicCalendar
You can view the news very fast for free and they even show revisions.

LL
Hello,

I agree with your point on the risk, but if you look at the first orders on Vortex the lots sizes were already 3.0.
At that period the deposit was 3495$ meaning the risk was very high and Vortex was working very fine.

The problem now is if someone start even with a correct risk setting and encounter 2 bad trades, it will take a lot of time to recover.

FXtrader2010
Oct 21 2015 at 17:38
724 posts
frantzair posted:
LogicaLucidity posted:
None of Doug's systems should even be discussed as EA's.
They are all signal services now (Except SwingTrader Pro) and as such we should expect Doug to take action.
I would expect Doug to turn off the signal on his end when he feels things are heated.

In the past Doug had to have to notify clients when to pause the EA with E-Mail Alerts.
This is no longer the case with the signal as he can turn it off on his end.
Sending out E-Mail Alerts is not necessary any more.

For further security, anyone here can turn off their 'Signal Receiver EA' if they feel worrisome.
Doug can control the signal from his end and you can control it from yours.

Doug currently has his risk for Vortex set to 3 lots fixed.
As of right now, this comes to 0.01 lots for every $266.09 he has in his account.
Please take a look at your risk everyone. Some of you have it too high.

The best place to view News is https://wbponline.com/EconomicCalendar
You can view the news very fast for free and they even show revisions.

LL
Hello,

I agree with your point on the risk, but if you look at the first orders on Vortex the lots sizes were already 3.0.
At that period the deposit was 3495$ meaning the risk was very high and Vortex was working very fine.

The problem now is if someone start even with a correct risk setting and encounter 2 bad trades, it will take a lot of time to recover.


WELL what if you were wait until after big loss occurred then open a big trade size as the win rate is so high you know that the probability of 2 consecutive losses is relatively small?

frantzair
Oct 22 2015 at 05:59
5 posts
FXtrader2010 posted:
frantzair posted:
LogicaLucidity posted:
None of Doug's systems should even be discussed as EA's.
They are all signal services now (Except SwingTrader Pro) and as such we should expect Doug to take action.
I would expect Doug to turn off the signal on his end when he feels things are heated.

In the past Doug had to have to notify clients when to pause the EA with E-Mail Alerts.
This is no longer the case with the signal as he can turn it off on his end.
Sending out E-Mail Alerts is not necessary any more.

For further security, anyone here can turn off their 'Signal Receiver EA' if they feel worrisome.
Doug can control the signal from his end and you can control it from yours.

Doug currently has his risk for Vortex set to 3 lots fixed.
As of right now, this comes to 0.01 lots for every $266.09 he has in his account.
Please take a look at your risk everyone. Some of you have it too high.

The best place to view News is https://wbponline.com/EconomicCalendar
You can view the news very fast for free and they even show revisions.

LL
Hello,

I agree with your point on the risk, but if you look at the first orders on Vortex the lots sizes were already 3.0.
At that period the deposit was 3495$ meaning the risk was very high and Vortex was working very fine.

The problem now is if someone start even with a correct risk setting and encounter 2 bad trades, it will take a lot of time to recover.


WELL what if you were wait until after big loss occurred then open a big trade size as the win rate is so high you know that the probability of 2 consecutive losses is relatively small?


That is a very good idea

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