Discussion Storm III Managed Fund

With 3.5 pips expectancy it is surprising to have nearly as much commissions as profits.
Can someone clarify?

jcarre posted:
With 3.5 pips expectancy it is surprising to have nearly as much commissions as profits.
Can someone clarify?

clarify what ?

pretty reckless if you ask me

Will, Certainly not as reckless as your PBJ system that wiped out PAMM accounts in less than one week. Do you want to tell us more about your PBJ system that you have removed from your website too??

i've already explained to you that my london vps was shutoff from a windows reboot. If I didn't make that clear through our discussions before you can ask again. I'm on skype almost every week day and an email away.
- https://www.myfxbook.com/community/trading-systems/pbj-pamm/349192,1

Sorry, my question was not clear.
I understand that for the fxpig ecn managed account, the commission is set to $ 9.80 round turn per lot traded, or approximately the equivalent to one pip. So I would expect to see the 3.5 pips shared in 1 pip commission and 2.5 pips profit and have a profit to commission ratio of 2.5/1. This is assuming that the lot size does not vary too much. Am I wrong?

Will (of Trick or Treat/Forex scam) my comments are addressed to you. For you to call another trader reckless when you carelessly blew peoples money in less than one week; you failed to answer email or skype enquiries days before and after the blow up, is certainly very hypocritical. I personally left several skype messages over at least two days but you never even acknowledged the messages. In addition, I left several email messages and again you refused to respond. Yet you have the audacity to call another trader reckless, even when what you did was far worse than what is happening at storm III managed fund - The fact was that you left you PBJ managed fund to blow up your clients' hard earned funds in less than one week. You gave the lame excuse that your vps was shutoff. If indeed your vps was shutoff, why did you not call the broker to close all the trades and stop all trades in the master account immediately - that is the minimum expected of an account manager and that would have saved the account from margin call. You never did any of these but you rather quickly removed PBJ managed fund from your website and myfxbook. Your actions qualify you as a scam and fraudster, and you should be avoided like the plague. Please stay away since certainly your views are not needed.

I didn't ignore anyone's emails or skype messages. .

I'm sorry you don't recall that I was out of town when this event happened and I contacted everyone as soon I as got back on the following Monday. Didn't I ?

 I even captured the image of the vps login to show you the windows update message. This was an automated system and technical failures have their toll.

 Also the account didn't margin call, an investor revoked the lpoa and the broker liquidated all the open positions at the investors request. I don't understand why you don't remember our emails and this explanation before.


ceo1, you should also post your complaint in my system discussion and not here when you want to blow off some steam.
I also looked at your older posts and you've invested in other very high risk high reward systems that eventually bust. You accuse all of them as scamming you. Losing money in an investment is not a scam, it's bad investing. There are plenty of scams on this site and managing money for IB rebates (churning) is the most common type of investment fraud.

 my pamm was at armadaMarkets where spreads and commission are the lowest around. There were absolutely no markup and the total trading cost per transaction of EURUSD were under 1 pip including commission.

Will (of Trick or Treat/Forex Scam) You see how you have exposed yourself once again - You were managing clients funds and you left town without anyone to handle trading if things go wrong! So who is reckless then, you or the traders with Storm III managed fund who ensure that there is a trader available anytime there are trades in customers accounts???
(1) The account blew up on Thursday and you contacted your were only able to contact yout customers on the following Monday after the account blow up i.e. three days after they lost their money. Is that good enough? NO!;
(2) You say the account did not margin call, because another investor who saw that the account was out of control after trying to reach you on email and skype without success had to revoke the LPOA to save some of his money. If not for this investor, the account would have margined out. Personally, I lost 76% of my funds due to your carelessness and recklessness. You are a simply put a scam and fraudster and should stop posting on myfxbook;
(3) Despite this account blow up on Thursday, you removed PBJ from your website and myfxbook by the very next day - Why did you do such a thing?? why not keep the myfxbook link so that people can see how reckless a trader you are?? You could not investigate and send emails to your clients who lost money but you had the time to remove the myfxbook link and also change your website. Again, these are actions of a fraudster. Stay away please!
(4) You should stop posting at all in myfxbook, donnaforex, etc. because you are a proven fraudster.

ceo1 posted:
 You were managing clients funds and you left town without anyone to handle trading if things go wrong! .

Automated systems are designed to trade on their own. If you can't afford to lose capital you shouldn't be trading/investing. Trading forex has a high level of risk.

 You need to understand that if I could have done something I would have. I Never saw the account go into drawdown but only saw the aftermath. I deleted the account and removed the advertisement from my blog when i was in singapore until I could investigate and find out what happened. I receive many emails everyday about the pbj system because it made 200% in a month and over 1000+ trades so taking down the sales pages stopped the flow of inquires. You can even read this my profile as steve asked about this system. I'm not hiding anything. pbj was a bust from a technical error and I haven't restarted the system since.

also my effort to expose scams far exceeds most members because i do the research before saying what you do. Your posts are a classic example of what not to say.

Will (Trick or Treat) - and when other parts of the automated system go wrong like you claim your vps failed to reboot, what is your contingency plan to save the situation??? Your answer: Clients accounts should blow up! And you call yourself a trader to be trusted with clients funds???
And you call another trader reckless???
Do you see why you are not qualified to trade other people's money or make comments about other traders???
Do you know that there are good traders who understand that even automated systems fail and rather than lose their clients money, they put in place a credible contingency plan like having a human being to supervise the automated systems anytime there is a trade???

endless discussion.

Will did comment about your system. You can also comment about his systems/accounts.

if you can not respect other peoples ideas/comments/thoughts Please do Not publish.

walker

ceo1 posted:
Will (Trick or Treat) - and when other parts of the automated system go wrong like you claim your vps failed to reboot, what is your contingency plan to save the situation??? Your answer: Clients accounts should blow up! And you call yourself a trader to be trusted with clients funds???
And you call another trader reckless???
Do you see why you are not qualified to trade other people's money or make comments about other traders???
Do you know that there are good traders who understand that even automated systems fail and rather than lose their clients money, they put in place a credible contingency plan like having a human being to supervise the automated systems anytime there is a trade???

ForexScam posted:
pretty reckless if you ask me

tradecopy has about 1mil under management and accounts are below 50% equity with a team of manual traders. Why aren't they doing anything about the dd? who knows! Maybe it's a part of their system. I think its reckless because they have the opportunity to do something about it. They also change a commission fee + performance fee, so if these accounts bust they still earn a large sum from their pip markup.

if i didn't care about my money or clients money I wouldn't have built Discipline Trader EA and given it away for free for over a year now. Unfortunately, when the vps is down, internet disconnects, broker disables trade function, or a power failure we need a back up and at that certain time I only had one instance of armadamarkets mt4 on the london vps and not on my nyc vps.
https://www.pipinvestment.com/software/discipline-trader

(1) Steve,
You should have read the thread well before commenting. You would have clearly understood that Storm III is not my system. I was a client of Will's and he managed my account with his PBJ system and lost 76% of my money within one week and claims it is because his vps failed to reboot. I can tell you this is not correct because a simple change of vps would have solved that technical problem and he could have continued trading even the very next day. However, he has stopped the PBJ system rather because of its excessive draw down. The system was simply not well thought through - The draw down was far excessive because it was a martingale/grid system though he claimed it was a scalping system. Even at that he dares to call another trader reckless when he has displayed even worse character - Please read the posts well before your comment!
You should caution him to respect other people who at least are willing to show the good and bad sides of their systems in public forum - Storm III is doing so. Where is PBJ??? Deleted by Will - Why???? Yet he has the audacity to call another trader reckless! In my view he has no credibility!
(2) Will (Trick or Treat) If your system can indeed consistently make 200% return per month, please why are you then hiding it?? Why delete it from your profile in myfxbook and on your website?? Your system had draw down in excess of 80% and blew my account. I dare you to trade it on a demo account for a consistent three months - I will pay for the best vps on the market for this test. This will let all traders assess and comment on your PBJ system and indeed who the reckless trader and fraudster is.

lol. You really have no idea what your talking about. I'm done here. Say what you must. Blow off some more steam. it doesn't matter what I say to you through email or here.

well then

if it is not your system why you bother.
go and make your discussion at his thread/discussion about his system.

walker

PS : you defend/protect system as its yours.

ceo1 posted:
(1) Steve,
You should have read the thread well before commenting. You would have clearly understood that Storm III is not my system. I was a client of Will's and he managed my account with his PBJ system and lost 76% of my money within one week and claims it is because his vps failed to reboot. I can tell you this is not correct because a simple change of vps would have solved that technical problem and he could have continued trading even the very next day. However, he has stopped the PBJ system rather because of its excessive draw down. The system was simply not well thought through - The draw down was far excessive because it was a martingale/grid system though he claimed it was a scalping system. Even at that he dares to call another trader reckless when he has displayed even worse character - Please read the posts well before your comment!
You should caution him to respect other people who at least are willing to show the good and bad sides of their systems in public forum - Storm III is doing so. Where is PBJ??? Deleted by Will - Why???? Yet he has the audacity to call another trader reckless! In my view he has no credibility!
(2) Will (Trick or Treat) If your system can indeed consistently make 200% return per month, please why are you then hiding it?? Why delete it from your profile in myfxbook and on your website?? Your system had draw down in excess of 80% and blew my account. I dare you to trade it on a demo account for a consistent three months - I will pay for the best vps on the market for this test. This will let all traders assess and comment on your PBJ system and indeed who the reckless trader and fraudster is.

Will (Trick or Treat),
This is very good news to me! I have achieved what I set out to do which is to expose you for the fraudster that you are and get you to stop your fraudulent comments on myfxbook. Go elsewhere but rest assured that I will find you and smoke you out again!
Until you can show consistent three months live results of your PBJ system on myfxbook, please simply shut up!

Steve,
I bother because Will is a fraudster who makes comments he should not ever make about other traders. My proof: He claimed he had the PBJ system that can make 200% every month. He advertised the managed fund based on this system and I invested and within one week he lost over 76% of my account and claimed it was due to a vps fault. He could have fixed/changed the vps in less than one week and continued to trade but he failed to do so and has stopped trading this system for 2 months - Does it take this long to fix a vps??. He deleted all records of this system from his website and his myfxbook profile - why???
He even goes further to call another trader reckless because he can not achieve anything near what storm III has achieved. If he has any credibility at all, then ask him to publish the myfxbook link for his PBJ system for at least three months and let us confirm who indeed is reckless.
We need to get rid of fraudsters like him from myfxbook and other forex forums. If he does not stop his acts, I will continue to expose him at myfxbook and other forums.

ok this is one side of the story.
lets assume %100 correct.

how long history had PB&J system when you fund it?

walker

PS : this is not the place to discuss that topic

ceo1 posted:
Steve,
I bother because Will is a fraudster who makes comments he should not ever make about other traders. My proof: He claimed he had the PBJ system that can make 200% every month. He advertised the managed fund based on this system and I invested and within one week he lost over 76% of my account and claimed it was due to a vps fault. He could have fixed/changed the vps in less than one week and continued to trade but he failed to do so and has stopped trading this system for 2 months - Does it take this long to fix a vps??. He deleted all records of this system from his website and his myfxbook profile - why???
He even goes further to call another trader reckless because he can not achieve anything near what storm III has achieved. If he has any credibility at all, then ask him to publish the myfxbook link for his PBJ system for at least three months and let us confirm who indeed is reckless.
We need to get rid of fraudsters like him from myfxbook and other forex forums. If he does not stop his acts, I will continue to expose him at myfxbook and other forums.