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Profit Empire Robot (By profitrobot)
The user has made his system private.
Profit Empire Robot Discussion
Apr 28, 2014 at 19:18
growforex posted:
i feel that yourself do not know what to do now
Hard words, but reflecting what most of the customers here think (or am i wrong?)
profitrobot posted:
yes we know trades were in 10% profit but we know EU will hit 1.3700 on this weekend so just wait little more and you all will be happy with these trades .
And what if not?
Weekend is over and the price raised to 1.3880
I am not a experienced trader, but i don´t need any graphical analysis, fibonacci stuff and all these curves to see that the trend is definitely going up since one week and it doesn´t stop his way.
And what do we learn as trader-beginners?"The trend is your friend!"
PER, please think about the romans. they were a very developped and intelligent people for that time and ruled over europe and parts of the african continent for over 800 years.
One of their most popualr spoke is "errare humanum est". = To err is human.
Every good trader make a sometimes a loss. Nobody expects from you to be perfect.
It´s very ok for me if you close the trades now and we loose (i dont know how much it is now) 15% or 20%. It doesn´t matter, we will take this money back in the next month + bonus.
We know you can do it
I think most of the custumers agree.
How big shall the DD become, before you close the trades?
profitrobot posted:
30% is better then 10%
Yes but -15% is also better than -50% or a margin call.
The differenece between who your are and who you would like to be be is what you do
Member Since Oct 30, 2013
117 posts
Apr 28, 2014 at 19:18
Hi
Calm Down Every One , No one going to lose any money , we will close trades at only our Target or SL will be Hit @ 180 pips from 1st trade so you all have to wait .
if any one have any question send us E-Mail to get answer
Regards
Profit Empire Robot
Calm Down Every One , No one going to lose any money , we will close trades at only our Target or SL will be Hit @ 180 pips from 1st trade so you all have to wait .
if any one have any question send us E-Mail to get answer
Regards
Profit Empire Robot
Apr 28, 2014 at 20:14
profitrobot posted:
Hi
Calm Down Every One , No one going to lose any money , we will close trades at only our Target or SL will be Hit @ 180 pips from 1st trade so you all have to wait .
if any one have any question send us E-Mail to get answer
Regards
Profit Empire Robot
insha'ALLAH TP will be hit soon :-)
regards
Apr 28, 2014 at 22:06
To all who demand that PER close their positions, remember that you can close yours whenever you like! I closed mine a couple weeks ago for nice profit. The trouble is that PER does not open a new basket of trades until the old one is closed, so there is lost time/opportunity cost. If possible, we could trade a different system while waiting for a PER restart.
Make it, or break it!
Apr 29, 2014 at 06:24
profitrobot posted:
Hi
Calm Down Every One , No one going to lose any money , we will close trades at only our Target or SL will be Hit @ 180 pips from 1st trade so you all have to wait .
if any one have any question send us E-Mail to get answer
Regards
Profit Empire Robot
Thanks for the info
based on this published account:
http://www.myfxbook.com/members/therichonedemo1/mt4-6218185-profit-empire/853923
with a SL of 180 pips for the initial trade (and if all the trades will be closed based on this initial 180pips), the current risk is around 3400$ or 50% of the current balance
I don't know if the account is conservative or use the recommended level of risk.
but we have now a clear idea of the risk.
which is helpful.
(but the history has a DD bigger than 50% so there is still a doubt of the real risk...)
Apr 29, 2014 at 09:54
@futama99
it's a trade copier obviously. thus the calling for the trades close-out. The owner is charging a monthly subscription fee. So having an open basket is quite beneficial for the seller as he will charge the m onthly fee whether there were trades in the month or not.
it's a trade copier obviously. thus the calling for the trades close-out. The owner is charging a monthly subscription fee. So having an open basket is quite beneficial for the seller as he will charge the m onthly fee whether there were trades in the month or not.
Member Since Apr 26, 2014
38 posts
Apr 29, 2014 at 13:39
Profit empire is an angel sent from heaven. i truly believe that.
Apr 29, 2014 at 13:40
I was wrong on one of the trade so I rectified 1.39394 to read 1.38394 so the 9 EURUSD sell positions opened right now as follows: 1.37433, 1.37702, 1.37934, 1.38018, 1.38277, 1.38394, 1.38545, 1.38976 and 1.38160. I am still convinced that the basket will be closed with a profit.
Apr 29, 2014 at 13:41
ovisun posted:
Just now euro is in free fall, basket is in profit already. Those whining till now please close yourself the basket and stop crying.
Regards.
With all the ups and down it's not worth closing anything yet. You may call me greedy or stupid but I expect more profit 😁.
Member Since May 08, 2012
316 posts
Apr 29, 2014 at 16:42
ovisun posted:
Just now euro is in free fall, basket is in profit already. Those whining till now please close yourself the basket and stop crying.
Regards.
Tell me what its like to be so blissfully ignorant of risk that you can actually say something like this. Just like the passengers of the South Korean ferry that drowned while dutifully waiting in their cabins as the captain instructed, your attitude will change after you've lost an account or two due to your misplaced trust. There is no trust in this game. The aisles are strewn with EA's that worked, then didn't. Look at sPhantom. Look at Forex Growth Bot. The higher they go the more trusting one becomes and the harder the fall.
Questioning the logic for not taking a 10% profit after a big draw down is not crying, its about risk management. If you think that's crying, you have much to learn about this game.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.
Member Since Mar 08, 2011
9 posts
Apr 29, 2014 at 16:48
I see a bunch of kids crying here, no one is obliged to follow the PER, until last month he was a hero today you are here complaining about it, you can close the orders on their accounts when they want. If the PER tomorrow close orden a profit during the ADP Non Farm you will shut up Bunch of whiny children! Lower your risks and stop being greedy! 😡😡😡
Apr 29, 2014 at 19:46
(edited Apr 29, 2014 at 19:50)
Michigander posted:ovisun posted:
Just now euro is in free fall, basket is in profit already. Those whining till now please close yourself the basket and stop crying.
Regards.
Tell me what its like to be so blissfully ignorant of risk that you can actually say something like this. Just like the passengers of the South Korean ferry that drowned while dutifully waiting in their cabins as the captain instructed, your attitude will change after you've lost an account or two due to your misplaced trust. There is no trust in this game. The aisles are strewn with EA's that worked, then didn't. Look at sPhantom. Look at Forex Growth Bot. The higher they go the more trusting one becomes and the harder the fall.
Questioning the logic for not taking a 10% profit after a big draw down is not crying, its about risk management. If you think that's crying, you have much to learn about this game.
I'm very well aware of the risk, that's why I'm risking only money which I can afford to lose. I'm in forex bussines since 2009 and had many blown accounts, but I learned my lessons and from my profile, you can see that first account is using a free EA with my own set file and I'm doing very well till now.
Regarding my account with PER, my SL is whole account and I'm using their recommended risk, no more. When I'll have more money into account I'll reduce the risk accordingly, you heard probably about capital preservation. You probably invested much more than me and probably I would have close myself the basket manually earlier if I would have an account of more than 10000$ (or reduce the risk).
Regards.
Apr 29, 2014 at 20:19
@osssmoretti
i dont know if this is about crying or not. the fact is the seller recommends 0,5lot per 10 000 balance traded. So, if you follow their advice, you could loose 50% of you account easily. That's a fact that has not been exposed beforehand. the so called crying is about the risk that has been hidden. The seller explicitly stated 7 trades is the maximum yet we have 9 trades open. These are all pieces of the puzzle that are being revealed as we experience them. Sure, the response of an responsible trader should be lowering the risk. I agree. And I guess the majority of the people will do once this trade is closed.
yes, tomorrow PER could close the basket in the marvelous profit. Or loose the 50% of the account if the SL is hit.
i dont know if this is about crying or not. the fact is the seller recommends 0,5lot per 10 000 balance traded. So, if you follow their advice, you could loose 50% of you account easily. That's a fact that has not been exposed beforehand. the so called crying is about the risk that has been hidden. The seller explicitly stated 7 trades is the maximum yet we have 9 trades open. These are all pieces of the puzzle that are being revealed as we experience them. Sure, the response of an responsible trader should be lowering the risk. I agree. And I guess the majority of the people will do once this trade is closed.
yes, tomorrow PER could close the basket in the marvelous profit. Or loose the 50% of the account if the SL is hit.
Apr 29, 2014 at 20:22
osssmoretti posted:
I see a bunch of kids crying here, no one is obliged to follow the PER, until last month he was a hero today you are here complaining about it, you can close the orders on their accounts when they want. If the PER tomorrow close orden a profit during the ADP Non Farm you will shut up Bunch of whiny children! Lower your risks and stop being greedy! 😡😡😡
the point is:
PER did not explain the risk correctly."risk free" "trust us"... this is not the right answer.
so lowering the risk... ok... but how much?
what is the real risk?
they'll close the trades when how many % of the account is lost?
if its 50%, then a risk 5 times lower than recommended mean 10% loss... and so each customer can choose the risk they are comfortable to play with.
but is it 50%? 60%? a margin call?
now because we know the hidden SL is set at 180pips of the initial trade we have a better idea of the risk (with 9 trades its around 50% of the account), but still not clear.
