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FX3422271
ForexSensation
in
Trading Systems
Nov 14, 2013 at 09:44
Hi Nikola,I am not sure if it will affect your account or not, but they recommended that we use Talinex or FX Choice and also to have an account balance of at least $1000. I think it is a good idea to use a demo account with at least $1000 to evaluate this product. Also to have the proper settings.
ForexSensation
in
Trading Systems
Nov 14, 2013 at 09:44
By the way a drawdown of 36% is not bad at all. I am sure that Warren Buffet and George Soros have seen bigger drawdown than that. You obviously don't know what you're talking about.
ForexSensation
in
Trading Systems
Nov 14, 2013 at 09:44
I am not sure what your objective is by posting in this thread if it has nothing to do with the thread. There are plenty of robots out there. We are trying to evaluate FX Sensation in this thread so unless you're going to offer something productive don't post. Successful manual traders still see value in automated systems. If you think hard about that you could understand why. So please don't waste my time by posting nonsense.
ForexSensation
in
Trading Systems
Nov 13, 2013 at 21:07
I have had two trades now so far in my account and both were winners. I am using a 3,000 balance demo account with Tallinex and had two winning trades today. One for $43.20 and another for $145.60Let's see if this continues.
ForexSensation
in
Trading Systems
Nov 13, 2013 at 21:07
Thanks for this info FX PhilAnd, to confirm, all you did was disable all strategies except for strategy number 4 and play around with the risk appetite?
ForexSensation
in
Trading Systems
Nov 13, 2013 at 16:53
This was the gentleman who posted his backtest results with different settings, etc.
ForexSensation
in
Trading Systems
Nov 13, 2013 at 16:53
By the way traders, if you don't get your money back you can call you bank and do a credit card dispute. If your bank is good they will go through with the necessary procedures to take the money back. Don't forget that all merchants that are online or anywhere need to apply for their service through another bank. So if this merchant is doing shady things they are held accountable by their bank. All banks are part of a network, so if you file disputes then this merchant gets a bad reputation through the banking network. Eventually, they may just not be able to have their bank account an...
ForexSensation
in
Trading Systems
Nov 13, 2013 at 15:59
That is interesting but someone else already did various backtesting with different strategies and different risk appetite, aggressive true/false, etc. They found that this EA did very well during the period of time when the contest was but it did horribly at all other times. So basically, it seems that this EA does poorly all the time but during the period of the contest it did well. I will try to scroll back and find the gentlemen who did the various backtesting. The bottom line is that most people bought into this EA because of the advertised results so if you are not seeing profitable trad...
ForexSensation
in
Trading Systems
Nov 12, 2013 at 19:36
Thank you FX Phil, for your hard work and analysis.Although strategy 4 might have a 12% ROI after 36% drawdown I won't keep it because there are $99 EA's out there which can promise the same thing. The fact is that this EA costs $937 and apparently it cannot deliver the results that were advertised. A failure to plan is a plan for failure.
ForexSensation
in
Trading Systems
Nov 12, 2013 at 18:32
Seeing as though I bought this EA based on the advertised results, I will use the contest settings and monitor it for 30-60 days. If it does not produce something similar to what was advertised I will ask for a refund. Just like in trading you must have rules and stick to them.
ForexSensation
in
Trading Systems
Nov 12, 2013 at 15:59
I also purchased this EA yesterday and has not made a trade yet. I think it is good for traders to communicate about these products. I have the regular default settings on the EA but considering changing them to the contest settings.
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