megainvest Posted March 30, 2012 Report Share Posted March 30, 2012 Hi These EA looks very interesting. Someone have any experience with this EA? hxxp://www.forexilluminati . com/specialvipaccess.html Also please share if you have. Thanks, megainvest Quote Link to comment Share on other sites More sharing options...
prosper4all Posted March 31, 2012 Report Share Posted March 31, 2012 Bump...... Quote Link to comment Share on other sites More sharing options...
megainvest Posted March 31, 2012 Author Report Share Posted March 31, 2012 What do you mean with Bump? Quote Link to comment Share on other sites More sharing options...
Yoda Posted March 31, 2012 Report Share Posted March 31, 2012 "Bump" is a double meaning. Firstly, it is an acronym meaning "Bring Up My Post", a secondary plea for an answer to a previous post or thread. It is also a comment used to let any reader of the post know that another person is interested and is 'bumping' the first post back up to the front of the list to maintain interest before the original thread is swallowed up by other posts in other threads as time progresses. What do you mean with Bump? prosper4all, Clicker, charrob and 1 other 4 Quote Link to comment Share on other sites More sharing options...
charrob Posted April 1, 2012 Report Share Posted April 1, 2012 Well explained, Yoda! Quote Link to comment Share on other sites More sharing options...
prosper4all Posted April 1, 2012 Report Share Posted April 1, 2012 Yoda, thank you for the detailed explanation of my "Bump" to megainvest. Can anybody perform due diligence on notary public stated the MyFxBook portfolio screenshot? James Cornell State of New York Richmond County Quote Link to comment Share on other sites More sharing options...
hitescape Posted April 1, 2012 Report Share Posted April 1, 2012 A Notary Public can only attest to the name of the person presenting the document. Anyone can print out what ever they want and have it notarized if they have proper identification such as a driver's license. To validate the account and trades you need an audit from a CPA (Certified Public Accountant, Chartered Public Accountant) and they will contact the broker, verify the accuracy of the account and the trades. They also carry professional liability risk if they don't do their work properly. What was presented here only proves that the person that presented the statement had enough identification to verify his identity. It is absolutely useless as far as to attesting to the accuracy of the trades. How do I know? I am a CPA and, no, I do not trust these claims until verified. Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted April 1, 2012 Report Share Posted April 1, 2012 my bullshit spidey sense is going into overdrive on this one. nothing adds up and if its not a steaming pile of bullshit ill happily change my mind. Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
FX777 Posted April 5, 2012 Report Share Posted April 5, 2012 Look at the Forex Illuminati verified statement of Ronald Sawyer. Starting capital is $1000, EA setting is conservative, but it uses a lot size 1, with 10 pips stop loss and 10 pips take profit. That means the risk is 10%. When EA lost a trade, it executes the next trade with the same Lot size which is 1.61, in order to break even. That means the EA is risking 11% now. Maybe I am mistaken, but I don't think the statement is real. It looks like it is just a mock up statement, every time there is a lost, the next trade is always positive, resulting in a break even. There has never been any two consecutive losses. According to the website Risk factor is 1%, and according to Ronald his EA is using a conservative trading. So 10% vs 1% is a huge difference in claims. If I have this kind of EA, I would never sell it, unless I can get a million dollar or more for it, so I don't have to worry about Forex. Quote Link to comment Share on other sites More sharing options...
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