corre71's Posts - Page 6

sPhantom Auto Trader in Trading Systems Mar 26, 2014 at 09:21

I have reduced the lots too to microlots and running still this Ea only for statistic reasons (and because i have payed it)! How u get ur first entry 10 pips lower, (manually)?

sPhantom Auto Trader in Trading Systems Mar 26, 2014 at 09:19

It could be an idea and i am "tweaking" some other EAs with different baskets to watch the results!In my opinion the principal lack of S-phantom is not the huge s/l, but the fact that it does not have any other logic to exit from the trades than a full s/l or t/p. Any Ea i think need some different logic to get out from a trade when situation change!

sPhantom Auto Trader in Trading Systems Mar 26, 2014 at 09:04

According to my plan posted some days ago, i have manually closed the buy trade of this noght with a "slight" loss of 14 pips and switched off the EA, because, as explained, in my opinion it is too danfgerous to let it run during UK session! I would ask to other partecipant how they are dealing with the current trade! They are relying on the backtests made by other users and so running it "naked" or someone else closed manually the trade or setted some other customized s/l? I am posting this not because i pretend to be right (probably s-phanto will close also this trade in ...

sPhantom Auto Trader in Trading Systems Mar 18, 2014 at 11:11

Time filtering and news filtering is the only way to try to recover from this "EA" what we payed for the license!😐

sPhantom Auto Trader in Trading Systems Mar 18, 2014 at 11:09

I was addressed to be few constructive but i will now try to be and to share with the unlucky owners of this "EA" my opinions!First i must remark that i do not rely too much in this system and i am running only because cannot get refund and running it with microlots! The flaw point of this system is that does not has any logic to close the trades when things goes wrong, so we can only try to defend ourself! I fix a s/l at 70 pips + spread from the first trade and the same s/l value for the second (if it happens). Of course i do not have any data to be sure that this could be the bett...

sPhantom Auto Trader in Trading Systems Mar 18, 2014 at 07:56

Yes, it does not look a very attractive price where to buy! Anyway maybe with the help of the 2nd trade (if will be necessary) also this trade will be closed not bad! I strongly recommend to all the user to not stick with the the s/l used by the vendor because it can burn again accounts! choose ur confortable s/l level and use it for both (i there will be a second one) trades! i am using 72 pips! Of course it can happen that ur trades will be stopped and then EU reverses, but u will not risk ur account!

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 09:24

Absolutely right!I want remark that this S-pahntom with the right update could be very interesting! But with no such large s/l and avouding UK session! For 300 USD they could also give us an update with a time filter and adjusted s/l. For example yesterday it mnaged to get out from a difficult situation very good. But with these settings everyone knows that is only matter of time and S-phantom will burn other accounts! i am running it with microlots! i will not do it, but if someone get replies from them, pls ask for an update with time filter and custom s/l and t/p. But maybe they will never ...

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 08:58

First i must say that 2 months of demo tests and 1 month of live trading (also if with impressive results with a profit factor of 6, and with a winning ratio of more than 80% and with an average win bigger of about 1.5 of the average loss) are not enough and does not prove nothing. I have published this only to demonstrate that is not hard to hit 11 pips tp in the asian session, and since someone told me that maybe i can predict the future i have done it! I pass all my free time (very limited since i have a day job and a family) studying, mostly trying to see if mixing different strategy and a...

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 08:19

I have my way to work! back tests are impressive, but i do not rely on them! i tried several eas with incredible BT but also in demo was failing! i first make a 1-2 month demo on at least 2 accounts, after i i like the reusults i start trading live on 2 different accounts with small lots and after at least 3 months i consider to use it or not. So for the moement is too early. it acn be also very dangerous because if the trade does not go in the right direction can open more trades and risk increses! S/l is only 60 but till now never had 1 s/l because it closes the position earlier and maybe re...

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 07:49

Attached a screen from my live trades! i would need at least 6 months of live trading to say it works but the start is very good! also work on GU, but strangely only during Uk session (and when news are released)!

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 07:41

I want to point out that this system could work very well in the developer was making the right adjustments to money mangment and including a news filter and a time filter! With a time filter and setting it to trade only outside from UK session it would be great, but not with a s/l of 250. For scalpers with a t/p of 11/12 s/l 60/70 is enough! Unfortunately the vendor decided to sell another system and so our updated S-pahntom is now Pipable!

sPhantom Auto Trader in Trading Systems Mar 14, 2014 at 06:40

As u know a system works not because recognize the future, but because CUT losses! My system looks similar to Sphantom and volatility factor and i am already running it live on EU and GU! Strangely on EU is profitable only in the night and on GU only in Uk Session! I am testing in demo also on other pairs but Till now was a disaster on These other! This night i have had first 2 sell trades and after 2 buy trades all 4 closed in few hours with a gain! S/ is 60 and t/p is 11! I have learn ed something from s-phantom but changed the strategy and adjust ed the MM! Maybe in april may i will open an...

sPhantom Auto Trader in Trading Systems Mar 13, 2014 at 14:49

I hope also noone will buy this scrap! But if you bought this scrap after the end of January and u have red the topic, u must have found tons of my (and also of other customers) complaining the absence of support, the unprofessionality of the vendor, and tnhe fact that this is absolutely and only a fraud! Did u red my posts?😕

FOREX SCALPINO ROBOT (LIVE 1) in Trading Systems Mar 13, 2014 at 09:10

@rob559 i see from their accounts they do not have trades from the end of february! u are having morev trades, maybe because u changed the settings or for the different datafeed of ur broker? what is ur opinion on this Ea? how is the support by the vendor? he give suggestions on the settings? many tnx!

Pipable :: Menkent in Trading Systems Mar 12, 2014 at 23:17

@myfxbook111 i totally agre with u! But u can see that a lot of people are interested in this and if u check some are the same Who bought S-phantom! People like to be cheted and don't like people like u and me trying to advice them! So leave them was te their money! They simply are not able to discern the risk involved and still believe in the holy grail!

sPhantom Auto Trader in Trading Systems Mar 12, 2014 at 22:55

Fortunately i don't waste my time looking if their server is working or not! I am developing my on system and i am al most ready and to reach 10 pips profit i don't need to have 250 pips s/l, or to be scared by news! If a system work, work not only the night but round the clock! ,

sPhantom Auto Trader in Trading Systems Mar 12, 2014 at 22:50

I think u change ur mind too fastly! After few time the server is out is a fraud, after few minute it works again it it' s a god! Take a position!

sPhantom Auto Trader in Trading Systems Mar 12, 2014 at 21:03

Strange, finally i read from othe what i was saying from 40 days! Wellcome to the reality! Please, read back my posts and u will see that i was saying this while a lot of u was defending them and trying the way to fiX this scrap!😇

sPhantom Auto Trader in Trading Systems Mar 12, 2014 at 07:35

If u pay u can buy of course!

sPhantom Auto Trader in Trading Systems Mar 12, 2014 at 07:35

But S-phantom is still long from yesterday?

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Posts by corre71