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Forex Robot World Cup - A Scam?

Feb 14, 2010 at 14:15
4,080 Views
34 Replies
Biedrs kopš   37 ieraksti
Feb 16, 2010 at 18:28
Great thanx a lot.

by the way here's the link to the system if someone is looking for it:

https://www.myfxbook.com/members/stevetrade/frwc-fusion-v/17763

Biedrs kopš   141 ieraksti
Feb 17, 2010 at 03:49

wilkinson posted:
    Hilarious! Their new video makes it looks as it they've found the holy grail!

What has dna to do with trading? It's beyond me..

Don't tell me I didn't warn you..

Hey wilkinson --

The other day I was on their site. I watched the video till they mentioned 'dna'. That's when I killed the window. I've coded lots of mq4, but not a single line of dna. I feel sorry for people that happen on their website and don't know any better than to close that window fast.
Gear on the left...
Biedrs kopš   78 ieraksti
Feb 17, 2010 at 09:12
It was definitely a masterpiece of... selling pitch :-D

I do not think that it is a complete scam, but definitely it was a very intense pushing campaign.

Biedrs kopš   1 ieraksti
Feb 17, 2010 at 21:32 (labots Feb 17, 2010 at 21:37)
pavelr posted:
by the way here's the link to the system if someone is looking for it:

https://www.myfxbook.com/members/stevetrade/frwc-fusion-v/17763

Is it a live account? Belongs to whom, if yes.
Biedrs kopš   1423 ieraksti
Feb 17, 2010 at 21:42
It's mine and it's a demo account for now and no I am not affiliated in any way with the FRWC.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   15 ieraksti
Feb 18, 2010 at 09:41
Steve,

Are you using the EXACT settings that you get in the members area? 'you will also get access to the EXACT settings used for FusionV 1.1a and each and every other robot in the FRWC's Royal Trader members' area.'

I'd like to see results from the top three as well? I like #2 myself. Will you be putting those on a demo account too?

And as for you FAPtubo haters, my account is doing just fine. https://www.myfxbook.com/members/JazzmanWA/fapturbo/14993 😁
Carpe Diem or No regrets
Biedrs kopš   1423 ieraksti
Feb 18, 2010 at 11:40
Jason,
I'm using the default settings except for lot size, which I've scaled up to match my account balance. I've also disabled Straasha as I don't like Martingale systems.

I don't see any point in setting up individual trials for the top three as they are part of fusion, other than as a cross check. I have split the trades by magic number in my account so people can see how each strategy is doing.

If you take your FapTurbo account live you will get introduced to a world of pain. Overall I've lost over $2000 trading first Fap Turbo and secondly FapTurbo Evolution. I tried several brokers with the original Fap Turbo.

The liquidity issues in the live market during the Asian session and the randomised RSI entry on the robot means that fundamentally FapTurbo is a lottery. Yes, some people make money with it but I would imagine a lot lose money.

I did a comparative analysis of trades from live trading, forward testing and backtesting over a period of a few weeks with Fap Turbo Evolution. The results of which are on my blog

https://stevetrade.wordpress.com/2009/09/02/

I concluded that it was a waste of time and money, but good luck if you decide it is for you.

Steve


11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Elkart
forex_trader_7
Biedrs kopš   941 ieraksti
Feb 18, 2010 at 11:50 (labots Feb 18, 2010 at 11:51)
Steve,

You're my hero man. Took one on the chin and not afraid to say so. I have a lot of time for that.
Biedrs kopš   1423 ieraksti
Feb 18, 2010 at 12:32
Thanks Elkart, some things work out some things don't. That's life, just got to keep plugging away!
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Biedrs kopš   879 ieraksti
Feb 19, 2010 at 06:04
the next promo step....
Biedrs kopš   13 ieraksti
Feb 19, 2010 at 18:57
I also have a live account available for cross referencing. Started off with only the top two bots, hi-rider, and LMD but also have fusion running there minus the two listed above. Trades are broken out by EA and color coded if you analyze the trades. There are several things running here and yes it is a live account.

https://www.myfxbook.com/portfolio/combo-system/16166
Biedrs kopš   1 ieraksti
Mar 05, 2010 at 11:16
the FRWC will close its doors and stop selling their robots in less than 24hrs.
88cefiro
forex_trader_4072
Biedrs kopš   19 ieraksti
Mar 05, 2010 at 11:37
Best thing I've heard all week!

no sales = no scumbag affiliate sellers and their redirect links...


alexforex posted:
    the FRWC will close its doors and stop selling their robots in less than 24hrs.

Mar 05, 2010 at 12:04
Kieran, it is just a marketing scam..........they are just gearing up to launch the all new and improved psychic v230.120565.

If I get another email from these people, I think I am gonna puke🙄
Wealth Creation Through Technology
Biedrs kopš   59 ieraksti
Mar 27, 2010 at 02:41
Many have already got their refunds back.
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