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TraderTero

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Posts posted by TraderTero

  1. Asking traders to open a balance for $5,000 to get to use the brokers own EA's... sounds like the broker will get very rich if he crashes everyone's trading accounts.

     

    How long has this broker been in business and are they regulated?

     

    Broker would not benefit anything if the EA would crash as they make money from the commissions from each trade. An ECN/STP broker is never trading against you so it should actually be in their interest that you make money. The more money you make, the more they make in commissions. A broker doesn't make any money if you lose your money. It goes to the liquidity providers and banks.

     

    Those EA's are just being offered as free tools to help a trader to succeed. You don't have to use them and they actually encourage you to test them first on a demo account before going live.

  2. I've had a USDCHF trade open since 12/29. Now in heavy profit but at times also with big draw down. This system is working very poorly on my vps. Trades are being missed and not closing properly. Testing on FinFx and Alpari UK with default settings. I haven't had any problems previously with similar systems.
  3. Those two trades would have been profitable had they kept them open another day. They just increased the risk too much. No one would probably had complained if one trade was opened with normal lot size. I will keep them a while longer to see how they perform. Can't really judge based on a couple of trades.
  4. Re: Forex UltraBot

     

    hxxp://xxx.4xproject.com/statements/ultrabot/statement.htm

     

    It doesn't look like ultrabot stats. Ultrabot trades only EURJPY, GBPJPY, GBPCHF and EURGBP. Based on the stats on their site, it does not increase lot size and have multiple trades open for the same pair.

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