Discussion The Money Tree

@leapfx I thought this system was not supposed to use any martingale approach?

check the attachment, one of the leapfx member said the system is using cost average, which is martingale I think.

@fxpayback @leapfx so it still averages down (losers add to losers...). Hmmm...

No it does not average down loser after loser. It typically limits to 2 trades on a pair. 2nd trade can increase lot size, NOT double. And after that once trades close it goes back to original.

My first counter trade, lot x2, now 24h,we will see...

Another day without trade, hope is falling for this ea...

Well, as any of you who have purchased Money Tree and have been waiting to see it in action, it finally executed. Almost immediately it went into Martingale mode. Selling one unit and once the first trade reached a certain loss point it then sold 2 more units. This is classic Martingale. Which is a form of doubling down or averaging down. All the while increasing size. Theoretically Martingale can be almost 100% profitable over time, but you have to have virtually unlimited funds for this kind of probability to come to fruition. Which I do not have.

That said, LeapFX has been very responsive to my questions and previous refund requests. Please disregard the negative remarks regarding LeapFX. You can absolutely try their products and utilize their 30 day trial time to see if any of their EAs might be a fit for you. Feedback for LeapFX is they need to reread their directions in some of their EAs because the written logic, primarily timing parameters, is completely wrong and misleading. So read carefully and communicate confusion to them.

Happy trading, and please be kind to others, as you would want them to be kind to you.

Sarah

Only losses, bye by money tree :(

Since I started 26/5
Had 9 wins and 2 losses
Not in profit yet though

I’ve had 3 open trades for USDCHF open for several days.

Hoping they close out soon.

Other trades closed out well though!

Same on our end, no trades. It will trade soon.

Money tree ea can't go prop firm, not enough day trading in a month. Sadly, next

Well - you could go with that theory, but in trading nothing is static. We are a) in summer months, hence slower trading, and b) not as many trade opportunities in this period. This does not mean forever. It means temporary. So right now slow to trade. But it will trade A LOT more as we make our way closer to fall.

I am very satisfied with the way Tree operates, better slow and profitable than fast and losing. Today he made a profit.

@marcosrcfx I agree, people have no patience, they wanna get rich in one day.. go for lotto 🤣🤣

Nothing wrong, also didn't trade here 😁

It's possible some brokers can be different not all have same price feed. Assuming no errors in journal and expert tab and set up right, then it's the broker price feed. We do have broker recommendations if needed in members area.

there's no trade in my ac in these 12days!! lol, but i saw you have trade in these days lol whats going on man?

Please email support@leapfx.com and our team will help you.