sPhantom Auto Trader讨论

My trade closed at 7.8 pips while the official account closed at 10.1 pips. Did anyone get something similar?

therichonedemo1 posted:
My trade closed at 7.8 pips while the official account closed at 10.1 pips. Did anyone get something similar?

whats your spread?

willgart posted:

therichonedemo1 posted:
My trade closed at 7.8 pips while the official account closed at 10.1 pips. Did anyone get something similar?

whats your spread?

I had the same gain. My spread is 0.8 without commission (maybe during the night few higher)

willgart posted:

therichonedemo1 posted:
My trade closed at 7.8 pips while the official account closed at 10.1 pips. Did anyone get something similar?

whats your spread?

The same gain of SPhanotm to be more precise!

therichonedemo1 posted:
My trade closed at 7.8 pips while the official account closed at 10.1 pips.

10.0 on the dot for me.

@Ken No problem, all is well in this world again. :)

@therichonedemo1 I was around 7.x pips as well, but I am trading on a fixed 3 pips commission account for all pairs.

I also didn't get 10pips.

I'm with XM.com and got 8.7pips
https://www.myfxbook.com/members/ProActiveT/sphantom-xm-400/790071


Another user here also on XM.com got 8.0pips
https://www.myfxbook.com/members/Michigander/31-sphantom-real/763713


I guess the transaction was made in a period of high slippage.

This one got 10.4pips with Traders Way :
https://www.myfxbook.com/members/Anubis/sphantom-anubis-2/745048

This one got 9.9pips with IBFX :
https://www.myfxbook.com/members/borncorp/born-sphantom-ea/730331

Here is the link to my account. The òast trade is the trade of Sphantom:

https://www.myfxbook.com/members/corre71/corre71-fx-automated-system/805527

I had exactly 10 PIPS. when the close command came through ea, the order was already closed readched tp.
An error entry was made into the log ;) nice error, more of this ! ;)

Same for me only 7 Pips .. 3 spread

is this system worth time and money ? I am new here and looking for system to invest some money (my last try was sadly a fail)

szakred posted:
is this system worth time and money ? I am new here and looking for system to invest some money (my last try was sadly a fail)

Yes.

szakred posted:
is this system worth time and money ? I am new here and looking for system to invest some money (my last try was sadly a fail)

Only you can decide that. Many traders believe this system is worth it, but remember, there is NO system that is without risk. If you are risk averse, you are better off not trading Forex. It takes a certain mindset to be successful in this business (even if you use a commercial EA like sPhantom.) Good luck!

szakred posted:
is this system worth time and money ? I am new here and looking for system to invest some money (my last try was sadly a fail)

Till how is very good. But no one can predict future performance. From my side i am using a risk 5.

Im quite interested in this 'ea'. I analysed some trades and the backround of sPhantom. I have a few questions: Which european regulated ecn broker would you recommend? Any preferences for the vps? Also what will you do when the SL on your live acc's gets hit - will you restart, or go for some new updates which may leed to some new costs?
I know how the past looks but i think this System could make some profits, even in the long run. Id love to see a subscription fee instead of a onetime payment, and 1 month trial for demo acc's i think u can go this way.
I hope i made everything clear

And is it possible to run it on two bank accounts? - for example one with risk 10 and one with risk 30

Could any kind soul please shed some light on why the Drawdown graph (Tab Drawdown) is showing it's largest drawdown 23.8% Sept 11 2013 and yet the Drawdown under Stats (Tab) is 64%. Looking in the history (History Tab, page 3) of the trades on Sept 11 2013 there is only a minimum drawdown -2.3%. Isn't this a contradiction!?

About this HOW MANY PIPS SOMEONE GOT which recently have here been posted. I think it is quite irrelevant; It's generally known that an EA performs different on different brokers and that the same EA can very well perform different on different accounts with the same broker (due to different latency etc on different VPS). If I may suggest, record 30 trades on your account and then copy the history of trades on myfxbook. Calculate the difference in pips; e.g. your accounts profit was 70% compared to official account. Then you can project that into the future. E.g. I think this EA will make 50% in this year so my profit would be about 35%. This is assuming the history on myfxbook for an EA is not faked.

OttoB posted:
About this HOW MANY PIPS SOMEONE GOT which recently have here been posted. I think it is quite irrelevant; It's generally known that an EA performs different on different brokers and that the same EA can very well perform different on different accounts with the same broker (due to different latency etc on different VPS). If I may suggest, record 30 trades on your account and then copy the history of trades on myfxbook. Calculate the difference in pips; e.g. your accounts profit was 70% compared to official account. Then you can project that into the future. E.g. I think this EA will make 50% in this year so my profit would be about 35%. This is assuming the history on myfxbook for an EA is not faked.

I personally think its extremely relevant, If you can get better price feed and claim more pips from a better/more suitable broker, why wouldn't you?

If you are looking to net 15% less than the main account, you are still risking the same amount of money. I want to get the maximum return on each trade.

Sphantom will close your trade if it doesn't hit TP so if you are 2 - 3 pips short, you can be leaving a lot of $$ on the table!

Just my 2 cents, but there are some big differences in brokers!

my last trade IBFX 9.1 pips - SPhantom 10.3 (same broker)