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Posts by
SinisterPigeon
Profit Empire Robot
in
Trading Systems
Jun 13, 2014 at 08:08
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. ...
Profit Empire Robot
in
Trading Systems
Jun 10, 2014 at 09:53
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.
Profit Empire Robot
in
Trading Systems
Jun 09, 2014 at 15:17
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.
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