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Can you shown your real account not in demo account?

On real accounts will test customers. This is the idea vendor hahaha.

52% DD!!! you must be kidding. and there is many SL for more than -5% of the account from one SL! risky....

They claim they have made 44'000 $ with the EA, but there is no 300$ or so left for a real live account. ha ha ha ha

I'm intrested in getting this ea. Anyone who's using it who would like to tell how it is doing for them?

anyone using this ea on a live account?

I have it...unfortunately just started using recently (this month there is no profit). Yes, it's pretty much the same on real account. This account should trading around lot size 1 for $60.000, so it's quite safe. Usually, max 3 positions are open.

calling it forex sigma live is a big red flag,this is deception or misrepresentation or both

m975,do you have the full package?

Yes, that one. There is no trader, or trading system without a losing streak on a long run. That's part of the game.
There is no 'holy grail'. However, this system is quite safe. If anyone knows a better, more profitable and safer system on a long run, I really like to know. I'm searching all the time.

Flat equity curve for three months. It had a few great months, but now very flat to down a little. I am trading it live for over a month and wondering whether I should call it quits. It is hard not having any backtest idea of how this strategy fared long term or whether vendor is currently deploying new strategy to try to make up for the lack of gains.

Hi guys,

I'm the new owner of Forex Sigma. Starting september 16th I'm updating the EA weekly, which increased the performance from the flat summer months. My goal is steady monthly profit with a low drawdown. I opened a LIVE account in october, which I use the same as my customers, I have the Forex Sigma client installed and its copying the trades from master, so I have the 100% real customer experience. It helps a lot when I deal with customer service. I will make the live account public, when there are more trades on it, as its only running the 2nd week now(10%+ profit so far).

If you have any questions, email me, I'm online most of the day.

regards
Andrew

Thanks for this update. Certainly you can if you want publish your live account though it is only into the 2nd week. But it is really no big deal to have another account, as I this demo here reflects reality.

thanks for the update. I had been eying Forex Sigma and was wondering when it would pick up. May buy it if I see that its performance really is improving. Another thing: what do you mean by updating the EA? Is it one of those Eas you need to update current market parameters. And if it is, they why not just sell us the proper EA (at a premium or whatever) then we can update the parameters for ourselves. Or to hire a programmer who can make the EA automatically update itself. See, what I am concerned about is that I will buy this EA, and then after 4 months, there'll be another owner and then it'll be trading flat again...I hope you understand my concern. And one other thing...is it possible to post backtest results in any way for this EA?

There is no difference between demo and live performance, this is not a scalper, few pips here and there don't matter. Its all about the risk settings...when the profits were high, the risk was high, too. I prefer solid profits and low drawdown, nobody can make big profits every month in profits, not the best traders in the world. Well, maybe just the big banks, which manipulate forex, but regular traders, no!

p.s. The price will go up to $49/month and $299/year soon, so grab your copy until the prices go up. Why no lifetime memberships anymore? Simple, I work full time on it now, doing updates, analyzing trades, sitting on it pretty much the whole day and I can't do it until forever when I charge customers just once. The next 100 copies are being sold as lifetime licence, after that its monthly and yearly plans only.

Every EA needs to be updated to current market conditions or it will lose money long term. This way, I can easily edit everything for every member at the same time, so for the customers its automated, they can leave the default settings on, or just edit the lot settings and let it be. And I don't plan to go anywhere, I use this on my own LIVE account and plan to do it until I don't have to work anymore. :) If I ever decided to drop it or sell it, I will give the full EA to all my members or ship it on a CD, so they will be able to use it however they want. So there is no risk involved long term. I wouldn't charge a monthly fee if I didn't want to be involved for a long time.

Backtesting is useless, just check how many EAs have awesome backtesting results and fail on real accounts. In theory they should make millions, in real life they wipe accounts like there was no tomorrow.

forexsigmalive posted:
There is no difference between demo and live performance, this is not a scalper, few pips here and there don't matter. Its all about the risk settings...when the profits were high, the risk was high, too. I prefer solid profits and low drawdown, nobody can make big profits every month in profits, not the best traders in the world. Well, maybe just the big banks, which manipulate forex, but regular traders, no!

p.s. The price will go up to $49/month and $299/year soon, so grab your copy until the prices go up. Why no lifetime memberships anymore? Simple, I work full time on it now, doing updates, analyzing trades, sitting on it pretty much the whole day and I can't do it until forever when I charge customers just once. The next 100 copies are being sold as lifetime licence, after that its monthly and yearly plans only.

so did you reduce the lot size in order to limit the dd?
would you mind to show your lot size to check that out?

Hi Rob,

2 things, lot sizes and better profit targets and stop losses. When it comes to lot sizes, you can see the pips and $$$ in the statement, so its easy to calculate the lot sizes. Right now its 1 standard lot for the master account. Balance is $65k, so leverage is a little lower than 1:3. I will increase it to 1:3 soon, as on my LIVE account I leverage 1:4. Now the default settings are good in my opinion, so all the customer has to do is play with the leverage, the higher it is, the more risk if a bigger drawdown, of course. But the experienced traders are free to set their own profit targets and stop losses or even turn them off and closing the trades manually, everything is customizable. On donnaforex.com there is a customer of mine using custom settings and he is up by 60% on his LIVE account since june or july.