rgmann's Posts | Myfxbook

RGM-FX in Trading Systems Mar 02, 2013 at 19:40

Hi socalengineer,I sent you a private message answering your questions at Donna Forex...

Thor II Live Account in Trading Systems Oct 25, 2012 at 17:42

From what I remember, all of the recommended brokers were non-US offshore brokers that don't accept US clients. Plus, I don't want to use an offshore brokerage anyway. I have too much money in my account to trust with an offshore brokerage. So I'd rather stick with a US regulated broker. That's why I was hoping to hear from someone else who's already trading Thor2 at ILQ, so I can get an idea of how it does there before I decide to repurchase it or not. But so far I haven't had any luck... 😞

Thor II Live Account in Trading Systems Oct 22, 2012 at 08:05

I tried Thor II in the past and ended up getting a refund, as it wasn't performing very well on the broker I had at the time (the spread was probably too high...usually about 2 pips). However, I currently switched to a new broker, ILQ, and the feed I'm getting has a spread that's usually about .6 to 1 pip. So I'm thinking about repurchasing Thor, as it should work better on ILQ. Has anyone else used Thor on ILQ? How did it perform for you? Thanks. 😎

FxPapa Expert Advisor in Trading Systems Jul 14, 2012 at 19:53

The last Mt4 update I have is 419... I thought Mt4 was supposed to automatically update? Anyway, is there any problem using FxPapa with build 419? Thank you.

FxPapa Expert Advisor in Trading Systems Jun 28, 2012 at 06:30

Once again FxPapa pulls through for us! 😁+8.7 pip gain for me on those two trades (- 26.1 on the first trade and +34.8 on the second trade). FxPapa definitely has a sound trading strategy. It will hit the full equity SL on odd occasions, but as long as you're not trading with too high of a risk level there's nothing to worry about. I like the fact that FxPapa limits 50:1 leverage accounts to 7.5% risk, as it forces me not to get greedy and put my account at too much risk! 😲 Keep up the good work FxPapa! 😎Cheers,Roger

FxPapa Expert Advisor in Trading Systems May 17, 2012 at 07:01

Hi Darren,To the best of my knowledge, "Error 721" normally happens from time to time, but fixes itself fairly quickly. I don't believe there's anything we can do to avoid it. Just leave it alone and the EA will fix itself and remove the error usually within a relatively brief amount of time.Cheers,Roger

FxPapa Expert Advisor in Trading Systems May 16, 2012 at 07:00

I'm pretty sure he was giving an "approximate" total pip loss. No two accounts will exit the trades at the exact same point with an "equity" stop loss feature. My account closed at -202 pips. I'm sure a few other accounts closed with a few more or less pips than that. But the total loss was still about -200 pips...

FxPapa Expert Advisor in Trading Systems May 16, 2012 at 06:53

Well, as with any big loss, that was hard to swallow. But FxPapa performed exactly like it was supposed to on my account. I'm using risk=10 on a 50:1 leverage account, which equals 7.5% total risk for the basket of trades (3 trades total). We were also told that the total pip loss would be around -200 pips if all 3 trades ended in a loss. And that's just what I got on my account:3 trades3 losses-7.49% equity loss-202 pipsFxPapa adjusted my lot size according to my total equity, so that the above figures came out as they should. As long as this only happens every few months or so, then ...

FxPapa Expert Advisor in Trading Systems May 02, 2012 at 18:03

Hi FxPapa,Thank you for the clarification. I'm glad to know that I haven't been using too high of a risk setting all of this time. By the way, keep up the good work! The trades have been great lately... 😄Cheers,Roger

FxPapa Expert Advisor in Trading Systems May 02, 2012 at 17:41

Shouldn't that information be provided in the FxPapa User's Manual? Especially since the default risk setting is 10%. I've been using 10% risk on my 50:1 leverage account for a couple of months now, and had no idea that 7.5% is the max acceptable risk setting...

FxPapa Expert Advisor in Trading Systems Apr 25, 2012 at 10:23

It was great how FxPapa held onto that last GU sell trade and closed it for +27 pips! I thought it would close for only a few pips or at the most +10 pips, but it held out for the big gain... 😀

FxPapa Expert Advisor in Trading Systems Apr 25, 2012 at 07:55

The prices are listed on the website at http://www.fxpapa.com

FxPapa Expert Advisor in Trading Systems Apr 22, 2012 at 22:45

Hi FxPapa,I was just wondering if you knew that your Myfxbook page is not updating every 5 minutes any more like it should. It hasn't updated since 4/19/12. You may need to check it and see why it's not updating...Cheers,Roger

FxPapa Expert Advisor in Trading Systems Apr 16, 2012 at 08:20

I want to publicly thank FxPapa for finding a solution to the problem I've been experiencing on my account. He has done more than most vendors would be willing to do, and I believe that everything should work fine going forward. His support has been top notch so far! 😄Cheers,Roger

FxPapa Expert Advisor in Trading Systems Apr 15, 2012 at 01:32

FxPapa,I think you misunderstood my last post. It wasn't meant as a complaint. I simply wasn't sure if you had received my last couple of emails yet, since I hadn't heard back from you yet (at the time I posted the above comment). I'm hoping to find a solution to the problem, and am open to any suggestions you have. I'm not sure why you think that I "refused" your offer to run the the EA on your own VPS, since I emailed you asking how we would go about doing that. You have been very fair up to this point and made me a very generous offer. I'm posting this here...

FxPapa Expert Advisor in Trading Systems Apr 14, 2012 at 21:24

Hi FxPapa,I've sent you several emails over the past couple of days, but haven't heard back from you yet. I'm hoping we can find a solution for the trade signals that I keep missing. I've lost over $1,000 because of this the past week. I checked my Mt4 Journal and Experts tabs, and there were not any errors present. However, on the chart that the EA is attached to it says, "Error 721." Do you know what that means? Please contact me as soon as possible. Thank you.Regards,Roger

FxPapa Expert Advisor in Trading Systems Apr 11, 2012 at 14:17

Once again I got today's losing trade, but not the second winning trade. So the problem of missing signals is still happening! Here's my account stats so you can see for yourself...http://www.myfxbook.com/members/rgmann/rgm-real/197153It would sure be nice if I missed the losing trade every once in a while!

FxPapa Expert Advisor in Trading Systems Mar 31, 2012 at 05:58

I have to issue a mea culpa for my earlier comments. While I was pretty angry about what I felt was a misrepresentation of the FxPapa system at the beginning, I was wrong for some of the overly harsh comments I posted. I agree with lxboston's statement above... FxPapa has performed very well so far on my account. There have been a few missed trading signals on my account (and the support team isn't quite sure they were missed), but overall I've have great results. At this time, FxPapa is the best performing EA I've used to date. I sure hope it lasts... 😄 Keep up the go...

FxPapa Expert Advisor in Trading Systems Mar 26, 2012 at 21:03

Ok, I just emailed my investor login password to your support. Please keep me informed as to what you find out. Thank you.Cheers,Roger

FxPapa Expert Advisor in Trading Systems Mar 26, 2012 at 15:30

Ok, I just sent you the log files for the trades, but I'm not sure where to get the "broker link and investor login information." I have the investor password for my IBFX (USA) live account, if that's what you need, but I'm not sure where to get the "broker link." Where do I get that from?

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Posts by rgmann