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ross123

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Posts posted by ross123

  1. well it is a clickbank offer. means not happy your money back quickly. no hassle. Though there are a lot of marketing gimmicks are around these days that offer you a cheap bad product to get your name and address and email.They don't care giving you your money back. A good example was ProCloner EA.Got several calls from them selling other stuff.

    Ross.

  2. http://www.mt4i.com/charts/ResultChart.aspx?id=millionaire-bfr&type=bankedandopenprofithourly&w=850&h=696&rx=1315224319740

     

    Well, we can say they begun to react, they are not so sure it will turn around before getting burned!

     

    I propose to rename this copierEA.

    I start:

    "Autofx Million evaporated" (faster than his shadow) :((

     

    Waiting for your ideas

     

    "Autofx way to Poorhouse" is my suggestion..:))))

    I am down %70 percent and don't know why I am laughing..

     

    Ross.

  3. Even if it turns around, there is a flaw in the MM, it is not the 200/300 pips down which is freaking (some systems on dayly TF can have more than that).

    You also know that you may get lucky to have begun at the same time this scam EA launched because the 70%DD you endured left you with 30% of your initial capital.

     

    BUT... for those who have started this Joke EA on August 31, they are burned deeply! (out of the game in 2days)

     

    You may be the alone customer who accepts such deal!

     

     

    Now, the countdown is ticking and the kids behind this foolish EA are going to refund all those customers disappointed!

     

     

    For less than $37/month, you can pay me and I can also get you DD of more than 70% if you are pleased with these numbers.

    You can just give me your whole capital as you don't care to blow up!

    Have a nice day my friend

     

    freddy

     

    Freddy buddy you are right..with conservative MM I am down %70 percent right now..What I actually was trying to say in my post was merely being hopeful for a turn around..

    Ross.

  4. So.... cant figure out what exactly was the advise Ross? Can you please explain more? Also cant get your opinion about the topic of the thread...?

     

    It was meant as a general comment for those complaining about the DD, no SL, regarding Autofx.. I have given my opinion "I think" in other posts. but for now Patience is what I prescribe. I think what this EA does makes sense "for now at least" and willing to let it run for a while with low risk.

     

    Ross.

  5. Guys please remember:

    - There is no such thing as sure setup "no loss" or "sure thing"

    -there is no such thing "predicting the market"

    - there is no such thing as no DD

    all successful long term strategies will suffer losses and large DD exactly because of the above mentioned facts. Now if someone has found a magic system with a crystal ball that could produce 15 sure setups a month I am willing to pay good money or invest large sum of money. Unfortunately because I haven't yet found such system, I have to make sure that I trade with the trend and observe my losses with sound MM and hope for the best. This is BTW a great advise form me & guys I trade with with cumulative trading experience well beyond half a century.

    Ross.

  6. Hi ross, i agree with you. MDP has very simple strategy but in any case even if speeded up (wipe code, better algo etc) and run on faster vps with liquidity server directly on the same lan, would probably short-lived too. It would be the ruin of any broker (market maker at first) and would not allow many users to use it. Is for this reason that I decided to don't work again on MDP and to stop use it.

     

    I agree with you mangiare on MM type brokers. they are good for nothing. but real STP-ECN doesn't care at all. I have executed high speed strategies for moths what was once a taboo couple of years a go, now not even once have heard any complains from the broker. I don't see any difference.

    Ross.

  7. Guys, MDP is a very dangerous EA and especially work (not for long time again) only on few broker with stoplevel 0 and freezelevel 0 (like Thinkforex) and very fast execution times (i'd test many broker and no one have the right execution fast, with VPS in the same farm of liquidity provider). The code is poorly written, there are unnecessary functions and algorithms that slow down the trades execution, add to this normal latency to trade in market and you have burn the accounts!!! Should be rewrite all code (to get faster the execution) and in this case is not guaranteed to work correctly, since MDP work in a dark area usually not appreciated by any broker. I decide to stop to use and work on this EA.

    No Sir it doesn't work at least on Thinkforex + VPS. Bunch of losing trades..Be aware..I think you were right that the speed and direction is the main problem..The concept I found to be great though..

    Ross.

  8. MDP 1.1.6 with $1.000 real deposit at Thinkforex (yes i paid for it)

     

    http://www.myfxbook.com/es/members/csa1234/csa1234/157068

     

    I did run it also on Thinkforex also for couple of weeks and the results were....asked for my money back.

     

    BTW. the EDU version does not trade....I have played with the code still not running.

     

    Can any of you great coders have look at the code?

    Thanks,

    Ross.

  9. Last couple of days, maybe, but first day was...Brrr

    ....well, I let you find the right word!

     

    http://www.mt4i.com/charts/ResultChart.aspx?id=millionaire-bfr&type=historicfloatingplpercenthourly&w=850&h=696&rx=1314493379676

     

    perhaps you should do what I did. I found the 10:1 leverage way too high(at least in the beginning). so I started with 1:0.5 leverage on $2500 account and let the EA run for two days. Then increased the leverage to 2:1 and have an EA managing my risks around 6%. Meaning a cumulative loss of 6% or 300 pips will close all positions, given that this EA opens max 3 trades at the same time so it will be around 2 % per trade.This is the power of risk management. Now of course the only downside to this is that it may take longer to become millionaire.LOL.

    Ross.

  10. jamestan1978 - NO- I didn't know that. Why don't you subscribe. If not happy in 30 days you can cancel and your money back too. trade with 0.01 or demo.

     

    conglo : what are you referring to??as far as i did see in the last couple of days, this system does't stay in a trade long enough to have DD. Loses are mostly couple of pips. Lets hope it stays that way.

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