FRWC - Fusion V - Alpari (Od stevetrade)

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FRWC - Fusion V - Alpari diskuse

Feb 16, 2010 at 18:13
27,683 zobrazení
583 Replies
Členem od Mar 08, 2010   9 příspěvků
Mar 11, 2010 at 19:55
@jglefler: perhaps OT, but would you please consider naming these "big" EA's and with which broker you used them .. and then briefly what happened?

Cheers
Členem od Mar 10, 2010   9 příspěvků
Mar 11, 2010 at 20:54

4eggs posted:
@jglefler: perhaps OT, but would you please consider naming these "big" EA's and with which broker you used them .. and then briefly what happened?

Cheers


I don't want to be coy about it but I don't even remember some of the names now and another thing is, part of the fault lies with me. I started goofing around with bots over a year ago. Some "no-name" bots and a few of the most popular bots we have all had endless emails promoting. It was a combination of crappy EAs and my ignorance. It wouldn't be fair of me to hurt the EA companies as the main thing that hurt me with the well known bots was a combination of the bots not being all they are cracked up to be, me setting the bots too aggressively, and the US government being determined to turn the USD into the new Peso at the same time I had a bunch of USD related trades open. If you have an email account and have dealt with FOREX for more than 10 minutes you have had 50 thousand emails pumping the same EAs many of us have tried. So, it wasn't only the bots fault. It was a combination of bots, lack of knowledge, and bad timing in policies out of Washington. Sorry if that's too vague, but I have lost enough in the past year and the last thing I need is one of these companies coming after me for "hurting" their brand. I guess the bottom line is... if in doubt, don't buy the EA. You can loose a lot more than the cost of the bot. Even if you get your money back via refunded EA cost you can't get your lost deposit back from the broker.
Členem od Mar 08, 2010   9 příspěvků
Mar 12, 2010 at 12:14
Ok that pretty much explains it and a sensible answer it is. Since I am in this thread I have fallen for one of the major marketing pitches myself, if you know what I mean. Have not yet decided whether to get a refund or not but right now a refund seems more probable.
I can appreciate that an EA can have a rough start but my major complains are
-SV doesn't set SL
-Trades are open over the weekend
-generally bad R/R
-less than optimal manuals, some settings are very non-descriptive
-I generally don't like martingale unless there is some clever SL and MM to it

Cheers
Členem od Mar 10, 2010   9 příspěvků
Mar 12, 2010 at 12:36 (Upravené Mar 12, 2010 at 12:37)
4eggs posted:

I can appreciate that an EA can have a rough start but my major complains are
-SV doesn't set SL
-Trades are open over the weekend
-generally bad R/R
-less than optimal manuals, some settings are very non-descriptive
-I generally don't like martingale unless there is some clever SL and MM to it

Cheers


I agree. I am only using HiRider and LMD on my live account. The only EA that wins at least some of the time is HiRider. Fusion and LMD nearly always loose. My demo is only up about $81 after running since day one of Fusion availability. I think my live account is down 20 or 30 bucks. I don't think this is going to work out.
Členem od Mar 08, 2010   9 příspěvků
Mar 12, 2010 at 12:41
And now they are promising a new updated HiRider in order to keep us hooked 😡
Členem od Sep 04, 2009   849 příspěvků
Mar 12, 2010 at 13:11

4eggs posted:
And now they are promising a new updated HiRider in order to keep us hooked 😡


exactly, scams work this way. Refunding your money is the last thing they'd like to do....
Členem od Mar 03, 2010   26 příspěvků
Mar 12, 2010 at 15:19

pc8multifx posted:

4eggs posted:
And now they are promising a new updated HiRider in order to keep us hooked 😡


exactly, scams work this way. Refunding your money is the last thing they'd like to do....


The last exchange I had with customer service before they involuntarily terminated me was a request for them to extend the guarantee period since they were making so many adjustments to the programming. It changes the conditions of the evaluation. I told them it might cool down the anger a lot members were feeling. They simply replied, "We can't do that".
Sure they could. Like 4 eggs posted .. keeps you hooked on a promise past the warranty period or have a real chance to to see if the the changes work.
Členem od Dec 28, 2009   54 příspěvků
Mar 13, 2010 at 00:35
you cant harass plimus as they wrote.. "'Resolved - Resolved by batch, Customer unresponsive" !!! fOKINEL... get ready for the armada...
Členem od Feb 24, 2010   58 příspěvků
Mar 15, 2010 at 11:00
Tomorrow is refund D Day for some of us. Wonder what will happen...........
Členem od Oct 28, 2009   72 příspěvků
Mar 15, 2010 at 12:36
I am glad that I was too lazy to jump for the FRWC offer. It seems that this is just a pack of average EAs sold with exorbitant price tag...
Členem od Nov 02, 2009   10 příspěvků
Mar 15, 2010 at 19:36
HiRider has promise, but not buckets of it. Not for a bag'o'sand.
Členem od Dec 28, 2009   54 příspěvků
Mar 15, 2010 at 21:39
no answer no refund no nothing ..
Členem od Nov 02, 2009   10 příspěvků
Mar 15, 2010 at 23:37

irbis posted:
no answer no refund no nothing ..


When did you request it? Not cool. I'll be looking at a refund myself.
Členem od Oct 28, 2009   1409 příspěvků
Mar 16, 2010 at 10:24
Given that February has 28 days even the shorter 30 calendar days refund isn't due yet. The 18th is when 30 calendar days are up.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Členem od Feb 27, 2010   39 příspěvků
Mar 16, 2010 at 14:07 (Upravené Mar 16, 2010 at 14:13)
For those of you with your cups half empty, something to cheer you up a bit - this attachment has been running since Mar 3rd with the latest versions available on that date of HiRider, Neg Corelation, Cobalt & SV. (Although net isn't much above initial investment, open trades typically end up in the black so you are getting a snapshot here)

In general with regards to the total Royal Trader package, LMD, HiRider & Fusion have most promise IMO - the issue is not the robots making money (look past the forest and check your Gross Profit numbers), the issue is stopping the losses.

I have over 30 demo accounts running since the start of the offer, and I'm dabbling with Hopwood's MMTM (thanks to this thread guys !) to try and manage the losses as the control's on the EA's are lacking IMO, I'm not an expert, but from initial experimentation, the hedge portion of this tool seems to have the most promise in mitigating the big losses although it is trimming some of the gross profits.

I am running vanilla versions of the EA's where I can so I have something to compare my tweaks to.

It's saddening for me to see so much negativity towards FRWC - they have issues for sure (customer communication is the main one IMO), but they are slowly dealing with them because they are ambitious & serious about their goals. However, I do understand that if you can't afford to loose your grand, how you may be frustrated & considering refunds.

For those in this for the long haul, I suggest focus on testing methodology & loss mitigation and I would be interested in working with anyone who has idea's - some of these baby's are making too much money for me not to continue with this research and figure it out because there "is" gold at the end of this rainbow.

My Predictions -

Some of these EA's will be perfected to acceptable return rates (IMO above 15% a month)
FRWC will figure it before I do
If I figure it out before they do, I will publish what I've found to work for me
Those seeking refunds will get them (not without some issues as there were conditions to the clause)
There will be a similar opportunity to get in at the next World Cup (for those considering refunds)

As FYI for those interested in working with me -

I have nothing to do with FRWC, I'm a paying customer like you
I'm new to FOREX (Feb 2010) but learning as fast as I possibly can :-)
I like profitable investments, very profitable preferred.
I hate losing !
I have been in IT since 1988 (so I get MT4, account set ups, configs, the importance of testing theory and having a baseline to compare against)
Feel's like I need somebody that understands Forex & has some theories that need a geek to set up ;-)

Regardless of your position on "To refund or not to refund ?" thanks for your contribution to this thread, it has helped me on my learning journey. Special thanks to Mr Boardman who's post's really helped in the early days.

Good luck to all who bought, and if somebody figures out 15% a month before I do on any of the EA's, please post your config ;-)

K

Přílohy :

Členem od Oct 28, 2009   1409 příspěvků
Mar 16, 2010 at 14:32
Those are interesting results, thanks for sharing your experience with Steve Hopwood's trade managment tool. I'm glad you found it useful. I wish I had the time to help configure this and play around with it but at the moment I'm dedicating most of my efforts to a rewrite of my own trading robot.

However I'm more than happy to provide some input from an advice perspective with what little I know. I am around on Skype if you want you can IM me and I'll give out my Skype details.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Členem od Mar 04, 2010   50 příspěvků
Mar 16, 2010 at 16:25 (Upravené Mar 16, 2010 at 16:37)
You CAN harass Plimus.com. They are used to it.
I am telling you... whether you did one payment
option or two, you had all better get your credit
card thing in a safe situation; report them lost and
get yourself a new card. If you did two payment
and they won't give you a refund, you will let
them charge you again? Hmm? It's amazing to
see how some people are so blind to defending
something to see anything with any level of sense.
It's truly amazing to me. Someone is saddened
to see people attacking Fusion clowns? Again,
are you freakin' serious? Really?

And still, the terms of the refund is not clear.
The term did not say, we will tinker with the
parameters and settings until we can get it right
within 6 months but you can get a refund with
no questions asked within 60 days but only if you
have traded it doing .01 lots using our IB platform
and only if you have used it for a minimum of 30
full trading days.

Just watch them make up something even if they
have the balls. More likely is that they will shut up
and act possum hoping that we will all go away.
But somebody needs to tell others that Fusion
sucks and these guys suck so don't buy it.
Or would you prefer them to get sucked in by
the BS blogs and BS review sites run by affiliates
and these Fusion clowns? Huh?

And again, you cannot tweak or config your way
out of this Fusion disaster. Stop talking about the
settings.
Dukascopy rules !!!
Členem od Dec 28, 2009   54 příspěvků
Mar 16, 2010 at 19:13
the only profitable system is Hirider: in one month 8% from 10k demo account...with MM true... (mostly 0.08 lots) if anyone knows how to shut down strategy 1..since it's useless.. the most profitable is strategy 4 ..now i ll try with 0.25 lots..
Členem od Mar 09, 2010   2 příspěvků
Mar 16, 2010 at 19:47
Lorak:

Thanks for your post. Finally someone else with a more positive outlook! You may be a newbie, but you have the right approach. Keep us informed of your progress.
If the only tool you have is a hammer, all problems start to look like nails!
Členem od Mar 04, 2010   50 příspěvků
Mar 16, 2010 at 21:02
You can sit and do all sorts of positive outlook and it
won't help Fusion or people get refunds from these
really questionable Fusion jokers. Why do some
people insist on having their heads in the sand?
Out of all the crap EAs they have in the members'
area, only HiRider has any promise and only if they
would make every single parameter for it available
to tweak. And only if you use it as a scalper and
if you have more than $10,000 to trade with.
We are not even talking about some long-term
crap here. It doesn't take long for Fusion to
ruin your account. This process to see that Fusion
sucks really takes no longer than a week or two
at the most. There can be no progress with Fusion.
Stop sending BS to people still contemplating buying
this. We all freakin' know that these clowns will
conveniently open the door for "limited" time
when they have their hands on new EAs to peddle.
Dukascopy rules !!!
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