To use chat, please login.
Back to contacts

Live Forex Trading Review Scores


Overall score: 3.0 / 5

Total votes: 54
Profitability
1
Platform
1
Pricing
1
Customer service
1
1 - worst 5 - best

Live Forex Trading Discussion

Bradator
Oct 23 2013 at 09:30
5 posts
I've been a member in trade room for few months now, and can't think of any bad issue about it. Very good signals and really helpful expert advice. People in trade room, along with all admins, are more than willing to help with anything and I'm sure that if it wasn't for all of them, I would still be months behind in progress. Nick is a great guy, a true professional and always there to ask if you get stuck. In general, I think 5 stars above are not enough to rate this site. Great job, many thanks and keep up the good work!

LifestyleGroupTh
Dec 31 2013 at 07:40
12 posts
I am researching providers. I see that your best performing chart posted on MyFX book looks ok because it just shows a custom chosen time period of the total history. If I use the custom analysis to see all the history, it seems that your best performing account is down in TOTAL LOSS of 97% , even with the recent wins.
  Just thought others should be aware as they set their risk parameters

Bradator
Jan 01 2014 at 13:52
5 posts
I am not a provider. What you saw is my first EVER forex account which, of course, I blew pretty soon. As months went by, I've learned a lot and that's why I've set custom start date from when I changed my strategy to keep track of my progress more easily. I never ment to provide signals or to offer my trades to be copied cause I'm aware that I'm still learning and with so little experience I would never think of myself as a pro.

Even though it's going well on that account, I've recently opened live account so these demo accounts are now used just for testing ea-s, indys, strategies...

NickMcDonald (NickMcDonald)
Jan 02 2014 at 07:36
86 posts
LifestyleGroupTh posted:
I am researching providers. I see that your best performing chart posted on MyFX book looks ok because it just shows a custom chosen time period of the total history. If I use the custom analysis to see all the history, it seems that your best performing account is down in TOTAL LOSS of 97% , even with the recent wins.
  Just thought others should be aware as they set their risk parameters


We have 5 traders on our site and only one has used a custom start date (Pipsopolis) and it was done because he was using an old account that had some ancient unrelated history.

Here are the Myfxbook accounts for all the traders on our site:

Smart Trader - https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403

Trade Alerter - https://www.myfxbook.com/members/autotrade/tradealerter/544436

FX Amplified - https://www.myfxbook.com/members/FXamplified/fx-amplified-master-liveforextradinginfo/638439

FX Viper - https://www.myfxbook.com/members/FXViperTrading/fx-viper-live-master-account/616112

Pipsopolis (custom start date) - https://www.myfxbook.com/members/pipsopolis/pipsopolis-signal-service/344437

In future please make sure you are fully informed before you make such and defamatory statements.

LiveForexTrading.org is an honest and transparent signal service.

Regards,

Nick

Find your passion and work hard
LifestyleGroupTh
Jan 02 2014 at 08:47
12 posts
Well I do appreciate the further links. They further add to my point about risk and performance assessment. All of the records are less than a year old, a few of the accounts have heavy drawdowns up to 26%. This can happen early to a fresh trader getting signals and easily blow an account. Much like the account with the hidden history.

    I am glad to see people trying and making money. I just also want to have new traders see the reality of what they are paying you for, and what the real risk and track record of these traders are. I can give you free grid robots that will make money for 6 months ; but just like the majority of your accounts, they drawdown and wipe out most accounts.

LifestyleGroupTh
Jan 02 2014 at 08:47
12 posts
In addition, why do I not see your master trader signals trading a real account for pipsopolis? I get some guy telling me

' I never ment to provide signals or to offer my trades to be copied cause I'm aware that I'm still learning and with so little experience I would never think of myself as a pro '

    I am looking for real data on the real signals given, not some rookie who is mixing signals on one demo account.

Bradator
Jan 02 2014 at 12:10
5 posts
I'm sorry, but you were thrashing this site because of my track record. That's simply not fair to me and not fair to many people already following their signals. You should check the site you're talking about and get familiar with results before leaving such negative comments based on 'some rookie who is mixing signals on one demo account'. I'm not embarassed to say I'm rookie because in few months that I've been here I never followed any signals, and never copied any trades and still made a fine comeback from that blown account you mentioned. That only shows that on this site people can actually LEARN how to trade on their own and not only turn their trade copier on and lay back. That's a nice thought, but I have other plans.

If you visit the site, you'll find all the info you need and talk to the providers directly. Then if you have some solid reasons for negative comments leave them as you will, but this simply has no point.

LifestyleGroupTh
Jan 02 2014 at 21:56
12 posts
I have visited the site and logged in. I was searching for the real trading history and accuracy of their signals. They posted your account like it represents their actual signals. Now you are telling me that
' I'm not embarassed to say I'm rookie because in few months that I've been here I never followed any signals, and never copied any trades '

So your FX book means nothing about their trading signals, and you are somebody that wants to pay $70 a month or whatever to learn from a signal service, not a school. If you want links to free education sites or free EA's that will make you more than your losing period since April 2013, I can gladly help you.

LifestyleGroupTh
Jan 02 2014 at 21:59
12 posts
My reply to Nick the guy claiming

' LiveForexTrading.org is an honest and transparent signal service.'
It seems deceptive to me to post on your website that the pipsopolis My FX Book recorded trades, represents the signal service results. It makes me wonder about the other named system pages.
   Honest and transparent would have a disclaimer clearly saying-
'Some of the following account records have nothing to do with the signal service named. In fact they may be run by beginners making up their own trading styles, with overalll losing accounts.
If you are looking for a record of actual signal trades, you may need to go on a public forum and request them, because we have not offered them or they are not worth posting'

I did not ask for
'Here are the Myfxbook accounts for all the traders on our site:'
I asked for results of the signal service trades, not a handfull of your selected traders, omitting the rest of the losers.
  So why the honest review of your presentation? I manage a brokerage and am looking for a service to recommend. It is my job to sort through the deception and see that new traders do not lose money to the foolishness out there.

NickMcDonald (NickMcDonald)
Jan 03 2014 at 12:51
86 posts
LifestyleGroupTh posted:
My reply to Nick the guy claiming

" LiveForexTrading.org is an honest and transparent signal service."
It seems deceptive to me to post on your website that the pipsopolis My FX Book recorded trades, represents the signal service results. It makes me wonder about the other named system pages.
   Honest and transparent would have a disclaimer clearly saying-
"Some of the following account records have nothing to do with the signal service named. In fact they may be run by beginners making up their own trading styles, with overalll losing accounts.
If you are looking for a record of actual signal trades, you may need to go on a public forum and request them, because we have not offered them or they are not worth posting"

I did not ask for
"Here are the Myfxbook accounts for all the traders on our site:"
I asked for results of the signal service trades, not a handfull of your selected traders, omitting the rest of the losers.
  So why the honest review of your presentation? I manage a brokerage and am looking for a service to recommend. It is my job to sort through the deception and see that new traders do not lose money to the foolishness out there.


Hi Lifestyle,

You are not making any sense.

1) Bradator is a regular member of our site, he trades his own account and has NOTHING to do with selling signals on LiveForexTrading.

2) Your claim that some of our signal providers are making up strategies and trading on a demo account is completely false. Every page with signal information has at least 2 verified myfxbook links attached to it. Here is an example of one of the pages (I don't think you've visited this, otherwise you wouldn't be making these statements) https://www.liveforextrading.org/forex-signal/633/FX-Viper.html

3) I posted the myfxbook links to show you that there was only 1 provider that used an old account with a custom date history, I provided a feasible reason why the custom date was used. If you look at the Pipsoplis statement you'll notice there was almost no trading for the 6 months before the custom start date began so why is that old history relevant?

If you would like to discuss working with us and learning more about our signals with a view to using them on an institutional level please email me at nick (at) liveforextrading.info We have a number of similar clients in a the same boat.

Regards,

Nick


Find your passion and work hard
Please login to comment .