sPhantom Auto Trader Diskussion

+6.4 pips for me.

One of the two positions from this morning was not opened resulting in a 10 pips loss. Not sure what could be the cause, sent an email to support.

For me + 5.4!

Anubis posted:

Darren2013T posted:
I believe they have done some adjustment. From what i observed, sphantom and mine account, the NAV and TP is different. That mean sphantom TP will be 40 pips, and mine will be 30 pips if they do not close the trade earlier manually.

But seem like trend likely move higher. But i believe it will fall back later on since it arrive at resistance line.

Once it hit the 61.8 fib line of support, it closed for profit.

Yeah. +5.2 pips for me.

Well done sphantom.

Another transaction 1 hour before FED announce...

ProActiveT posted:
Another transaction 1 hour before FED announce...

Yea, scratching my head on that entry, going through heavy DD, would love to see how SP pulls out of this one...

ProActiveT posted:
Another transaction 1 hour before FED announce...

If growth continues I don't give a banker's butt how they do it, but are there any long-time users on here who can comment on whether they acted like this last year?

Confession--I closed the trade about 20 minutes before FOMC, for a small profit. I don't like trading news!!

I wish I did the same when it peaked in the few minutes past 2 o'clock EST...

Hi,
 -5.5 pip loss, +7.4 pip gain on trade -5 pips floating loss running. with Pepperstone as broker.

ProActiveT posted:
Another transaction 1 hour before FED announce...

I was about to say the same :S

Last couple of trades were a bit off ...

I'll be pausing sPhantom for a week or two after this trade closes. Just to see if this is bad luck or sP dying.

Hi all,

I have been using this system since september 2013 and on demo since June 2013. I have no idea how sPhantom pick the moment to enter trades and I don't know what the strategy is. Sometimes trades go to TP within 2-3 hours, sometimes it goes into DD and the second trade, then eventually comes to TP or the master closes the trade. Sometimes I agree with their entries and sometimes I don't but I'm in the game with them so I have chosen to trust that they know better than I do.

It is not a straight forward enter the trade and take your profits in 10mins, as you are aware no system can ever guarantee. Even if you are an expert trader picking the right moments to take the trade, once you enter the trade you are at the mercy of the market.

This is not a system for the faint hearted or as a good friend once called it to me, those 'trading with scared money'.

If you or I could create a better system, we wouldn't be here. It is also much easier to criticize others from the safety of our armchair but much harder to build the system to do exactly what we want.

It has been profitable todate with the odd anomaly from time to time.

Once you've made the decision to use this system, commit money you can afford to lose and won't lose you the shirt on you back, then let the system work in whichever way sPhantom chooses. Let them enter the trade whenever they choose to.

When you lose faith with the system turn off the copier, take out your money and go play golf or do whatever you choose to do.

As has been said by others especially @Michigander, take profits often and should the system eventually blow up, then you have no regrets.

We can all live in fear of losing money and sit on the sidelines or be fully committed in your decisions and actions. That's the best way to learn. This system will either make you a few bucks or blow you account, get comfortable with the idea enjoy the ride.

Here's to a profitable year.

Pere posted:
Hi all,

I have been using this system since september 2013 and on demo since June 2013. I have no idea how sPhantom pick the moment to enter trades and I don't know what the strategy is. Sometimes trades go to TP within 2-3 hours, sometimes it goes into DD and the second trade, then eventually comes to TP or the master closes the trade. Sometimes I agree with their entries and sometimes I don't but I'm in the game with them so I have chosen to trust that they know better than I do.

It is not a straight forward enter the trade and take your profits in 10mins, as you are aware no system can ever guarantee. Even if you are an expert trader picking the right moments to take the trade, once you enter the trade you are at the mercy of the market.

This is not a system for the faint hearted or as a good friend once called it to me, those 'trading with scared money'.

If you or I could create a better system, we wouldn't be here. It is also much easier to criticize others from the safety of our armchair but much harder to build the system to do exactly what we want.

It has been profitable todate with the odd anomaly from time to time.

Once you've made the decision to use this system, commit money you can afford to lose and won't lose you the shirt on you back, then let the system work in whichever way sPhantom chooses. Let them enter the trade whenever they choose to.

When you lose faith with the system turn off the copier, take out your money and go play golf or do whatever you choose to do.

As has been said by others especially @Michigander, take profits often and should the system eventually blow up, then you have no regrets.

We can all live in fear of losing money and sit on the sidelines or be fully committed in your decisions and actions. That's the best way to learn. This system will either make you a few bucks or blow you account, get comfortable with the idea enjoy the ride.

Here's to a profitable year.


  

If any system makes me a few bucks, then blows my account, I will not be a happy camper. Although I agree that one should not trade with the rent money; fact is, money is still money. There is no such thing as a 'set it and forget it' EA. All EA's, including this one, should be part of a traders overall strategy, but not the whole strategy itself. sPhantom has been an excellent tool, but should be one of several. Some of us don't have any problem trading the news; some do. In the final analysis, it's the individual trader himself, and not any EA, that has a final say in a trade. If some don't like trading at certain times of the day, or before major news announcements, or for any other reason, just disable it. Bottom line--I own my account, the EA doesn't. 😄

new strategy to get 10 pip...

when sphantom buy you sell, when s phantom sell you buy. Brokers/ Market makers are eyeing this ea...😁😁😁😁

abh262 posted:
new strategy to get 10 pip...

when sphantom buy you sell, when s phantom sell you buy. Brokers/ Market makers are eyeing this ea...😁😁😁😁

right. you can use EA like swiss army to do automatically

Hi guys,

 Just wondering if any of you are using other EAs or trade copiers as well as sphantom to spread your risks and expand the portfolio? If so, what other systems do you use and are you happy with their performance?

Thanks

Paskoll posted:
+6.4 pips for me.

Hi, what's your broker?