Live Pamm Account (de Sphinx_FX)
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Discussion Live Pamm Account
Membre depuis Dec 22, 2016
posts 102
Membre depuis Dec 22, 2016
posts 102
Jan 08, 2017 at 10:56
Membre depuis Dec 22, 2016
posts 102
TRADEFX2016 posted:
DD is not an issue, first issue is this is martingale.
can not agree more.
Martingale is like a 'Count Down destruction' to your trading account.
No martingale ever survived and will never survive.
It have to go down sooner or later.
Early Xmas EA
Jan 18, 2017 at 08:13
Membre depuis May 25, 2011
posts 36
earlyxmasea posted:Hi earlyxmasea, yes indeed it had a big drawdown in the beginning as i have been operating the EA on a high risk to get more profits, however once the set target was achieved i have reduced the risk and now is operating under low risks and providing excellent results.
very high drawdown.
you should consider safe trading in order to keep it going in long run.
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Jan 18, 2017 at 08:13
Membre depuis May 25, 2011
posts 36
RedRhinoFX posted:Thanks RedRhinoFx for your suggestions, however no system is perfect, i found the one that works for me and bringing profits. Al this pieces of software are just tools, it all depends how are you using them. With every system a very important thing is, to withdraw the profits regularly.TRADEFX2016 posted:Yea, negative profits in the basket and still makes a profit is a sure give away. at 40% profit sharing, you can use free Ilan and do it yourself. Enjoy - https://redrhinofx.com/ilan-ea-mql/
DD is not an issue, first issue is this is martingale.
Cheers and profits to everyone!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Jan 22, 2017 at 12:33
Membre depuis May 25, 2011
posts 36
Last week the account reached 1000% profit! I think we can bank a few more % this coming week as well. PM me for details.
Cheers and happy trading everyone!
Cheers and happy trading everyone!
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Mar 01, 2017 at 12:41
Membre depuis May 25, 2011
posts 36
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.
We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.
Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.
We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.
Once again receive our apologies and we hope to deliver you good service in the future.
Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.
Sincerely Yours,
Sphinx FX Team
We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.
Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.
We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.
Once again receive our apologies and we hope to deliver you good service in the future.
Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.
Sincerely Yours,
Sphinx FX Team
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Membre depuis Dec 04, 2010
posts 1557
Mar 02, 2017 at 01:25
Membre depuis Dec 04, 2010
posts 1557
One reason I never invest in PAMM accounts. Waiting disasters...
forex_trader_379006
Membre depuis Nov 24, 2016
posts 14
Mar 02, 2017 at 07:13
Membre depuis Nov 24, 2016
posts 14
Sphinx_FX posted:
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.
We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.
Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.
We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.
Once again receive our apologies and we hope to deliver you good service in the future.
Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.
Sincerely Yours,
Sphinx FX Team
OMG I was reading the whole thread before I ran into this notification. Was it a software problem then? If they do not have security in that aspect they will not be able to offer a good service. I just hope they can return the money lost as the case may be.
Mar 02, 2017 at 17:33
Membre depuis May 25, 2011
posts 36
mario123 posted:Sphinx_FX posted:
We would like to come with an official statement about the crash of our PAMM account yesterday 28-Feb-2017. Due to an unknown reason for now the software that was managing the account kept on adding too many positions which resulted in a Margin Call from the broker. The software error, we got to notice it too late and we have tried to recover manually however we could do much unfortunately.
We currently are managing the account manually till we find out what have caused the issue. We completely understand and take the responsibility for the loss, however there is not much we can do at this stage. Now we will try to recover the losses during the next months, so hopefully by the end of the year we would be able to return all the lost money.
Please understand this was not a deliberate act, as most of the funds from the PAMM were our own money.
We will try to recover some losses than we will make a new offer charging only 5% from profit and rest 95% will be investors.
Once again receive our apologies and we hope to deliver you good service in the future.
Please send us an email with the lost amount and account number and we will try to organize another PAMM if you shall be interested and keep only a very small commission till we recover your money.
Sincerely Yours,
Sphinx FX Team
OMG I was reading the whole thread before I ran into this notification. Was it a software problem then? If they do not have security in that aspect they will not be able to offer a good service. I just hope they can return the money lost as the case may be.
Most likely it was a problem with the software and a a slow response from the VPS provider, we are currently investigating the issue, and we will do the best possible to fix our error in case that investors would like to. We are planning now to create a PAMM account and charge the minimum which is 5% and rest will be for the investor till we will return the lost money. For the ones who invested please send us an email.
Thank you.
Life is like a box of chocolates, you never know what you gonna get, unless you are a psychic.
Membre depuis Dec 04, 2010
posts 1557
Mar 06, 2017 at 00:01
Membre depuis Dec 04, 2010
posts 1557
Magiic posted:Not sure which Nick you are referring to, PM me. cheersaeronthomas posted:
One reason I never invest in PAMM accounts. Waiting disasters...
Do you like what Nick is doing with his managed account service/personal investments?
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