Acme Hedge - Aggressive (bei forex_trader_28394)
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Acme Hedge - Aggressive Diskussion
Mitglied seit Aug 22, 2009
382 Posts

forex_trader_28394
Mitglied seit Jan 31, 2011
72 Posts
May 11, 2012 at 19:44
Mitglied seit Jan 31, 2011
72 Posts
@youngchang
We never block any account...
@phil
You are wrong. Ofcourse high returns have risk. It is not maintained because we are shifting the broker and not because of any other reason...
We never block any account...
@phil
You are wrong. Ofcourse high returns have risk. It is not maintained because we are shifting the broker and not because of any other reason...

forex_trader_79941
Mitglied seit Jun 06, 2012
1434 Posts
Jun 18, 2012 at 10:51
Mitglied seit Jun 06, 2012
1434 Posts
where acme hedge is?
account closed.
users deleted.
another scam??
account closed.
users deleted.
another scam??
Mitglied seit Sep 12, 2009
312 Posts

forex_trader_79941
Mitglied seit Jun 06, 2012
1434 Posts
Jun 18, 2012 at 11:04
Mitglied seit Jun 06, 2012
1434 Posts
system was scam. but I did not expect the guys will dissapper with the money. last heard was broker holding the customer funds!!
old trick!
old trick!
Mitglied seit Sep 12, 2009
312 Posts
Jun 18, 2012 at 11:07
Mitglied seit Sep 12, 2009
312 Posts
stevewalker posted:
system was scam. but I did not expect the guys will dissapper with the money. last heard was broker holding the customer funds!!
old trick!
Thats what they do Steve same old trick some of the traders , do under cover agreement with broker and blow the account and behind screen share money with money manager
I always try to stick with UK based brokers
Never ever belive any asia based or Mauritus based broker that is my policy

forex_trader_79941
Mitglied seit Jun 06, 2012
1434 Posts
Jun 18, 2012 at 11:43
Mitglied seit Jun 06, 2012
1434 Posts
agree
kishorejoga posted:
stevewalker posted:
system was scam. but I did not expect the guys will dissapper with the money. last heard was broker holding the customer funds!!
old trick!
Thats what they do Steve same old trick some of the traders , do under cover agreement with broker and blow the account and behind screen share money with money manager
I always try to stick with UK based brokers
Never ever belive any asia based or Mauritus based broker that is my policy
Mitglied seit Aug 22, 2009
382 Posts

forex_trader_32776
Mitglied seit Mar 28, 2011
942 Posts
Jun 20, 2012 at 16:14
(bearbeitet Jun 20, 2012 at 16:15)
Mitglied seit Mar 28, 2011
942 Posts
ForexScam posted:
63% Equity doesn't concern anyone?
Or how about ECN Alpha?
If you do a systems search criteria of who use ECN Alpha, I only found AcmeHedge as their customers.
i posted this
august 2011

forex_trader_32776
Mitglied seit Mar 28, 2011
942 Posts
Jun 20, 2012 at 16:16
Mitglied seit Mar 28, 2011
942 Posts
ForexScam posted:
acmehedge posted:
Yes the EA logic changes automatically to recover the losses
Into an Arbitrage Scalper with 30 to 60 Lots and 1-10 pip gains. Interesting activity on 8-31-2011 . I doubt this can be duplicated with any legitimate broker. Reminds me of - https://www.myfxbook.com/members/ForexScam/magicfxrobot-scam/117290 or the other 3 arbitrage accounts under my profile
and then their recovery mode was arbitrage.
Jun 20, 2012 at 16:41
Mitglied seit Nov 27, 2010
244 Posts
It didn't have a recovery mode. The system they were deploying was already outed in page 8 & 9 as HTH Trader, an open source algorithm which strategy was flawed. The only way it worked is likely due to it being deployed on a custom feed with a close to 0 pip spread.
Even with all the warning signs and notifications by posters here, it is surprising that people can still be scammed. The victims were all too careless and greedy.
Even with all the warning signs and notifications by posters here, it is surprising that people can still be scammed. The victims were all too careless and greedy.
Consistency above all.

forex_trader_32776
Mitglied seit Mar 28, 2011
942 Posts
Jun 20, 2012 at 16:56
Mitglied seit Mar 28, 2011
942 Posts
Raiden posted:
It didn't have a recovery mode.
Sure it does. I documented it here. - http://www.pipinvestment.com/scams/ecnalpha-fx-optima-acmehedge-scam
also I have the whole PDF before they deleted their system somewhere.
Jun 20, 2012 at 17:29
Mitglied seit Nov 27, 2010
244 Posts
For the sake of better understanding, a few things need to be cleared first.
myfxbook records trades that do not exceed 1 min in length as 0s.
If deployed on a 0 pip, or exceedingly low, spread feed, it is very easy for a system to close a trade within a minute.
The system has nothing to do with arbitrage.
(No offense meant, but I believe your definition of arbitrage may not be in line with the financial vernacular)
The trades look completely in line with HTH Trader's logic. http://codebase.mql4.com/4671
The increased lotsize is because of the increase in balance. If you look carefully, the opening time of the losing trades is earlier than the time of the new deposit. The HTH logic failed because there was a decoupling of the 'hedged' currency pairs, hence noticing this and the impending loss, AcmeHedge 'deposited' the $50,000 to up the absolute profits of the subsequent trades in order to offset the loss of the decoupled trades, which he kept as a floating loss. When the new profits balanced out the loss, he closed the losing trades, thereby maintaining the charade of the smooth equity curve.
He likely did this again at the end, but the difference being that the new offsetting trades themselves became decoupled, exacerbating the loss and imploding the whole system.
myfxbook records trades that do not exceed 1 min in length as 0s.
If deployed on a 0 pip, or exceedingly low, spread feed, it is very easy for a system to close a trade within a minute.
The system has nothing to do with arbitrage.
(No offense meant, but I believe your definition of arbitrage may not be in line with the financial vernacular)
The trades look completely in line with HTH Trader's logic. http://codebase.mql4.com/4671
The increased lotsize is because of the increase in balance. If you look carefully, the opening time of the losing trades is earlier than the time of the new deposit. The HTH logic failed because there was a decoupling of the 'hedged' currency pairs, hence noticing this and the impending loss, AcmeHedge 'deposited' the $50,000 to up the absolute profits of the subsequent trades in order to offset the loss of the decoupled trades, which he kept as a floating loss. When the new profits balanced out the loss, he closed the losing trades, thereby maintaining the charade of the smooth equity curve.
He likely did this again at the end, but the difference being that the new offsetting trades themselves became decoupled, exacerbating the loss and imploding the whole system.
Consistency above all.

forex_trader_32776
Mitglied seit Mar 28, 2011
942 Posts
Jun 21, 2012 at 00:48
Mitglied seit Mar 28, 2011
942 Posts
Raiden posted:
myfxbook records trades that do not exceed 1 min in length as 0s.
Read the thread closely and analyze the trades again. acemhedge says they use a scalping logic for recovering losses. A different logic than HTH.
HTH logic = The EA waits until the Hour() is 23 to close the current positions.
Also your statement about trade duration is incorrect. - http://www.myfxbook.com/members/ForexScam/demo-arbitrage/195587
If true, my demo arbitrage trades would display 0 seconds on trades under 1minute, but its accurate to the second.
Jun 21, 2012 at 04:04
Mitglied seit Nov 27, 2010
244 Posts
At this juncture, being selective of what Acmehedge said as the truth is not sound.
You are right to point out that the trades did not close at 2300 server time as would have been done by HTH. This is in line with Acmehedge's intention to not have any losses, and subsequently deploy the method I outlined above. (Incidentally, this could be what Acmehedge considered a 'recovery mode'.)
And yes, you are right too about the seconds being recorded. Apologies for speaking out of my ass.
This, however, reinforces the belief that the system was deployed on a fictitious 0-pip, or low, spread data feed.
Take home message for users here would be that myfxbook does not discern fake brokers from real ones, short of manually entering them into a database and barring them.
I believe most people have already put two and two together that Acmehedge is the same owner for ECN Alpha. (But unfortunately, maybe not for youngchang, based on his reply above.)
You are right to point out that the trades did not close at 2300 server time as would have been done by HTH. This is in line with Acmehedge's intention to not have any losses, and subsequently deploy the method I outlined above. (Incidentally, this could be what Acmehedge considered a 'recovery mode'.)
And yes, you are right too about the seconds being recorded. Apologies for speaking out of my ass.
This, however, reinforces the belief that the system was deployed on a fictitious 0-pip, or low, spread data feed.
Take home message for users here would be that myfxbook does not discern fake brokers from real ones, short of manually entering them into a database and barring them.
I believe most people have already put two and two together that Acmehedge is the same owner for ECN Alpha. (But unfortunately, maybe not for youngchang, based on his reply above.)
Consistency above all.

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