Profit Empire Robot (By profitrobot)
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Profit Empire Robot Discussion
Member Since Oct 30, 2013
117 posts
Jun 06, 2014 at 17:34
Member Since Oct 30, 2013
117 posts
Hi Darren & Every One
we just want to let you know that you were using "1.5" risk scaling which is not Equal to Our Master Account Risk Scaling thats why you got Margin Call , Be Advised that use only 1.0 Risk Scaling with 1:500 Leverage and you will not lose any Money with PER , Our Long Buy Trades are near to close Hopefully Tuesday will be Last day for these Trades .
Regards
Profit Empire Robot
we just want to let you know that you were using "1.5" risk scaling which is not Equal to Our Master Account Risk Scaling thats why you got Margin Call , Be Advised that use only 1.0 Risk Scaling with 1:500 Leverage and you will not lose any Money with PER , Our Long Buy Trades are near to close Hopefully Tuesday will be Last day for these Trades .
Regards
Profit Empire Robot
Member Since May 09, 2014
3 posts
Jun 09, 2014 at 15:17
Member Since May 09, 2014
3 posts
This has blown my $7k of my $8k account. I didn't even get a margin call but my broker closed all but 1 of my open trades last Thursday. There are now 2 open trades both in drawdown so there is more chance than not that they will be closed and my account will be gone.
I have never set any risk levels so this is how it came configured.
I have never set any risk levels so this is how it came configured.
Jun 09, 2014 at 19:51
Member Since Oct 03, 2010
155 posts
SinisterPigeon posted:
This has blown my $7k of my $8k account. I didn't even get a margin call but my broker closed all but 1 of my open trades last Thursday. There are now 2 open trades both in drawdown so there is more chance than not that they will be closed and my account will be gone.
I have never set any risk levels so this is how it came configured.
What is your starting lot and how many trades are open at the same time? This EA is very risky. Sorry about your losses.
Jun 10, 2014 at 07:03
Member Since May 06, 2014
4 posts
SinisterPigeon posted:
This has blown my $7k of my $8k account. I didn't even get a margin call but my broker closed all but 1 of my open trades last Thursday. There are now 2 open trades both in drawdown so there is more chance than not that they will be closed and my account will be gone.
I have never set any risk levels so this is how it came configured.
Some brokers (like mine) start to close automatically opened positions when the drawdown goes over 70%. This is to protect the trader from a total loss.
Normally you should be informed by email about the conditions when you open the account.
I left this program early enough with a loss of 25% when i closed the positions by hand. This is too risky for me.
Good luck to all !
Member Since May 09, 2014
3 posts
Jun 10, 2014 at 09:53
Member Since May 09, 2014
3 posts
On the $8k account the positions were opening at 0.4 lots but after a while he doubled them up. It looks like he continued to add last week after we continued to the donwside. Another trade opened last night and now there is more downside.....I've had to close out at further loss and I will cancel my subscription tonight. Most of the time a strategy like this works fine but when we have had a fundamental change like the -1% interest rate announcement in Europe the only way is down for the Euro. I cannot see him recovering gracefully from this one.
Jun 11, 2014 at 07:33
Member Since Nov 21, 2013
33 posts
PER should be in holiday....!?!?!?
I'm very happy tha i don't have subscribed to this service!
Too much risks and last two months no so much gains as promised (40% monthly as discussed with PER via mails)
i hope for you you can recover your losses!
good luck!
I'm very happy tha i don't have subscribed to this service!
Too much risks and last two months no so much gains as promised (40% monthly as discussed with PER via mails)
i hope for you you can recover your losses!
good luck!
Member Since Jul 05, 2011
301 posts
Jun 11, 2014 at 15:19
Member Since Jul 05, 2011
301 posts
It's not looking good. My guess is we will touch 1.3502 before a direction is determined. If the 4 Hr bar closes much below 1.35, you may see a small bounce before heading lower. The alternative is a bounce at 1.3502. Either way though, it needs to go lower before it can go up. How close is it to a MC? Will the open positions support this? If so, there may still be hope. This round, I'm not chancing a reopening of the trades as I'm not so sure there is going to be a bounce. There is no clear direction here, so it is a wait and see.
Member Since May 09, 2014
3 posts
Jun 13, 2014 at 08:08
Member Since May 09, 2014
3 posts
I emailed PER to give him chance to explain himself and perhaps help me out of this mess but he just blamed the broker for closing the trades. Blown account and $300 for 3 months subscription and very little evidence of trading prowess. This strategy seems to be entirely built on throwing the dice and just adding positions when you get the direction it wrong. Eventually it will fail spectacularly. Anyone else who has been subscribing to this service from inception would be wise to withdraw profits on a regular basis, keep the risk setting small and have your own emergency stop loss level.
Good luck to all.
Good luck to all.
Member Since Jan 16, 2014
1 posts
Member Since Oct 30, 2013
117 posts

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