GlobalProfit's Posts - Page 3

Tom'sEa WPFX LIVE in Trading Systems Dec 14, 2011 at 16:28

That is easily checked on your account. Open the EA properties and ensure that hedging is set to True. If it is than all is good. I currently only have 1 sell on the eur open at the moment and 5 buys however as the eur has fell it did open one other today that has already closed out with profit. So long story short I only have one buy and its only for .02 lots.

Tom'sEa WPFX LIVE in Trading Systems Dec 14, 2011 at 16:00

Hey Guys, not sure what the deal is with the updating. Am working on trying to figure that out. We are currently in a 1700.00 draw down for those who are interested. This is hardly a draw down at all for a 24k account so we are not trying to hide anything :). By the way, we would not hide it even if it was worse. We are all traders here and we know there are risks so no reason to hide anything. I will warn once again that as we get closer to the holidays you will want to decrease your RL as a precautionary measure.

Tom'sEa WPFX LIVE in Trading Systems Dec 10, 2011 at 05:32

I really dont think there are many people that had a version that was trading that large lot size. If they did it was months ago and would not have any bearing on any complaints made recently. Most of the complaints on this forum that I have dealt with privately have been operator error. In most cases they were trying to use it on a mini account or just flat out trading it on to many pairs or did not let it do its thing. In fact if you experienced the issue of to many lots please speak up. I cant imagine its more than a few people. I still do not know of any time that we had an ea that calcula...

Tom'sEa WPFX LIVE in Trading Systems Dec 09, 2011 at 13:10

Trades are now visible now.

Tom'sEa WPFX LIVE in Trading Systems Dec 08, 2011 at 14:39

Blue Panther, its comments like yours that most confuse me. CanAm, the link to the members area is www.forextradersdaily.com/tomsea. Your username and password is the same that you use for the EA.

Tom'sEa WPFX LIVE in Trading Systems Dec 08, 2011 at 13:29

I have an update for everyone. We have added the master accounts that the Tradency platform is trading with to the members area. You can see the open trades etc. on these master accounts. This will allow you to compare your current account to the master account. Keep in mind that these accounts are set to always start with one micro. Also we are working to get a forum up on the members area as well so that everyone can take part in this conversation not just those that know about myfxbook.

Tom'sEa WPFX LIVE in Trading Systems Dec 07, 2011 at 15:00

Hey Guys, I have a quick question for everyone. What does it take to get a five star rating from each of you. I have compared this strategy to many others with five stars and this one has performed much better with less draw down. I am surprised that we are at three stars and your feedback would be greatly appreciated. If you are using our strategy with success please rate it. ThanksDustin

Tom'sEa WPFX LIVE in Trading Systems Dec 06, 2011 at 12:43

You can always just open a second occurrence of the same pair which is what I do. that way I can look at other time frames on the second chart.

Tom'sEa WPFX LIVE in Trading Systems Dec 06, 2011 at 00:29

Nothing has changed in the programming. The market has just been rangebound which means steady profit but it tends to be smaller profit than when the market runs against us and builds multiple positions. It really is a questions of market range. We are up over 1% on the wpfx account and we have only had a few trading days in the month so Im not terribly worried. We closed last month out with 18.7% on that account so all seems to be clipping along just fine for now. I do expect smaller gains this month since we will be scaling back over the holidays.

Tom'sEa WPFX LIVE in Trading Systems Nov 30, 2011 at 22:26

Hey everyone, don't pay for generalized Forex training. If you just want to learn enough to manage risk with TomsEA we have a free course. It seems like someone asked why we don't package TomsEA with some training. Its because we offer it for free without any purchase. This is a great start and will provide you with some great information on Forex in general. You can get access here. http://www.forextradersdaily.com/forextrainingcourse/Dustin

Tom'sEa WPFX LIVE in Trading Systems Nov 30, 2011 at 02:30

To expand on why back testing does not work. When you back test you have to choose a time frame. TomsEA trades based of off different time frames depending on the entry. For example the first three entries are from the 1 minute however after that it moves to the 30 and then the 60. Due to the complexities of the EA no back test will ever be accurate. Dustin

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 21:36

Ok, guys. About the marketing. I am transparent and will always be that way. Even when it comes to talking about the marketing and how I do it. We have not done anything to deceive anyone. We have given real accounts, we have told where those real accounts are www.worldprofx.com and provided a great product. As far as hype goes. Thats what sells. I am sure I could sell this product without the hype to a handful of people however if you want brutal honesty a good product is not what sells. Good marketing does. As often times as people say "that if you have a good product it will sell itse...

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 20:23

lobotomy, I am not misleading anyone. Please make some attempt to remain professional rather than making accusations. The EA "should" trade minis to begin with on an account that has 100k. It doesnt do anyone any good for me to mislead you into thinking its working correctly if its not. Instead of adamantly suggesting that I am trying to mislead you lets find out what the issue is. Please send me your log files and tell me what version of the EA you are using. Dustin

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 20:20

fughe, As I said before, as much as I want to go point by point through your last comment I am not going to expend the effort to defend this. If you have questions or concerns with our products I am here but it is clear to me that you are passionately opinionated regarding our business practices. There is nothing wrong with passion as it breads success but there are better things to be passionate about 😄. I also hope that like with the other strategies you mentioned you also make more than you paid for our service as well. Dustin

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 20:13

Tradingshed, I will see about adding a liquidation feature. We are also working on a feature that will allow a person to put the EA into a mode that would work to get flat. So that it would continue with a string of trades as usual however once flat it would not add any more positions to that pair.

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 19:46

I casually mentioned it in here because people asked about it. Our official response on this will be released December 1st via email to all members along with some information on some additional improvements made to the tradency platform that will better fit this strategy. Also, regarding showing positions. We will be posting all this info for the two accounts that are acting as master accounts for Tradency very soon in the member area.

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 17:53

Not sure what else I can say at this point lobotomy. You are operating the EA outside the guidelines. We explained this in the welcome email and the very first line on the members area login page which is highlighted in yellow with black background is "IMPORTANT!!! You MUST trade using a micro account under $100k. Only above $100k can you move to a mini account."Beyond notifying people how to use the EA with video and text instructions as well as audible within our webinars we have exhausted every means of notifying people how to use the EA. I am sorry if you missed this but as I sa...

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 17:18

I would very much like to see the trade reports. That does not make much sense at all unless you are trading the wrong lot size which can occur if you do not have micro's. We warn about that in the welcome email, on the first page of the members area, in the quick start guide, and in the best practices section. I am not sure what else could have led to you losing 80 or 90 % of your account. Please send your report in to our support staff or post it here as an attachment. Obviously the account that we have on this site which is in public view never experienced a draw down close to what you ...

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 15:00

Seems my posting has created some additional comments and questions. I am typically pretty quiet on these forums because a very small few of our overall user base is on this particular forum and therefore the majority of my input shows up through new videos etc. in the members area. That said I do want to make an attempt at answering some questions and clarifying certain points. I will start with the last post made by CanAm, I believe its just a matter of misunderstanding the myfxbook charts. The equity line on that chart has nothing to do with closed positions. The equity line is the balance ...

Tom'sEa WPFX LIVE in Trading Systems Nov 29, 2011 at 07:19

Hello Everyone, this is Dustin and I though I would step in and comment on a few things. A lot of great info has been passed around on here and I think that's extremely healthy. Everyone has an opinion and its great that opinions are voiced. I really only have two things to discuss today. First, there have been some comments about our marketing tactics and it was said that we intended to mislead people by having the EA trade at a larger risk percentage than is ideal. That is completely false and ultimately would not be a good thing for us as it would blow accounts up. In our BETA testing ...

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