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AngryEA2
Profit Empire Robot
in
Trading Systems
May 02, 2014 at 19:02
why not? :)supposed to reach the TP last week... so we can suppose anything, somebody at the end will have the right prediction :)I predict that the price will move up and down... or down and up... maybe 10 pips maybe 30pips... :)
Profit Empire Robot
in
Trading Systems
May 02, 2014 at 19:00
yep... why do you think they absolutely want to keep the best curve possible no matter the risk... most of the buyers just check the curve not the risk... myfxbook must have a curve like the mt4i.com site with the balance calculated each hour... the curve will be different!!!
Profit Empire Robot
in
Trading Systems
Apr 30, 2014 at 13:36
check the history of the official account and you'll have the answerwhich is: no, not closed
Profit Empire Robot
in
Trading Systems
Apr 29, 2014 at 20:22
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 s...
Profit Empire Robot
in
Trading Systems
Apr 29, 2014 at 06:24
Thanks for the infobased on this published account:http://www.myfxbook.com/members/therichonedemo1/mt4-6218185-profit-empire/853923with 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 balanceI 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...)
Profit Empire Robot
in
Trading Systems
Apr 28, 2014 at 13:40
the current upper movement confirms the strong support we are on for days...and also confirms that its not so easy to predict the future :)so reaching the TP last week has predicted by PER is far away...so now, I agree that the question take a lot of sense, does PER will continue to wait or does PER will close the trades asap?they predict a down move, no down...they predict a close last week, not closed...they predict a lot of profit... I agree that if the TP still the same, then a lot of profit to come... but also a lot of risk...
Profit Empire Robot
in
Trading Systems
Apr 25, 2014 at 10:15
so if I follow you... you'll pay PER 1 million $ if their down prediction is true? :)even if they don't anticipate the big up move...
Profit Empire Robot
in
Trading Systems
Apr 24, 2014 at 07:14
I like the point 3. which is so true...in our case... why opening sell trades when we know the signal will go up first? :)well... from what I can see PER has good TP targets, the entry point is the problem for now.they should starts another signal provider for those who already close their trades. because their EA is good and certainly missed some good trades during these days...
Profit Empire Robot
in
Trading Systems
Apr 23, 2014 at 21:01
right 30% better than 10%but can you provide 30% with a lower risk?closing sooner or accepts losses but recover after because the signal is good enough.I think everybody will be happy if the profit is 20 or 25% but the DD 20 to 30% instead of 30% profit and a DD of 60%... :)but the current strategy still good.after the facts its always easy to say "you should have do this" :)
Profit Empire Robot
in
Trading Systems
Apr 23, 2014 at 16:08
well closing the trades manually will not be the best solution.if you don't trust PER don't use it at all.else let them do their job.They have a clear target in mind and its an interesting one. just long to reach...check the historical trades... when they had a big batch of trades, they produce a big profit instead of closing too early!also if you close the trades now, you'll not have any new trades until they open on their side... less risk but less profit...on another side... if all the PER customers are happy with the yesterday profits, they can ask PER to change their strategy...
Profit Empire Robot
in
Trading Systems
Apr 22, 2014 at 12:46
No, they trust their signal and TP setup.the signal move up & down, which is normal.currently the price is on a big resistance and still not break the H4 ranging marketwhen the break will occurred will see a big move...for me the signal will go down a little today, we just touch 3 overlapping fibo levels (fibos based on the 3 latest zigzags movement) (1.38170)and if we go more in the past we can add another resistance line.the today down is also the fibo 50 from the largest zigzag move (+ lowest zigzag), so here too there is a good support (1.3790)so we broke this big resistance point ...
Profit Empire Robot
in
Trading Systems
Apr 21, 2014 at 19:20
for sure :)why will you complain when its normal? :)complaining is normal because most of the people didn't catch its a grid system and the associated risk. they don't understand what the historical "50% DD" means until they see their own account with a big DD.now they know...if they are still uncomfortable, they can lower the risk or stop using this EA.but the recommendation is:withdraw your profit asap!!!I recommend to withdraw 100% of your profit until you get your initial capital, then withdraw 50% of the weekly profits.if you lost your account later you will not cry
Profit Empire Robot
in
Trading Systems
Apr 21, 2014 at 12:43
Can I ask why you are using this forum has a support connection point???apparently PER respond quickly here, so I suppose they respond quickly to any support request.except the fact they dislike some comments and ban users from posting new comments. they are nice and provides the best answers I ever seen on myfxbook from an EA creator.
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