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JasonKwok

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Posts posted by JasonKwok

  1. It took my account from 230 dollars to 159 in 10 hours over night that was what I experienced. It may have been my broker though. I have a fifo broker.

     

    Thanks for your sharing and advise.

    It's suffer a heavy losses on 23 June 2015.

    I'm using risk 1% instead of the default 5% on PepperStone Razor account.

    Since the start till now, fortunately, my account still positive. Will monitor much more closely.

     

     

     

    Update: Thanks for the heads up. I have removed the EA from my live account after it returned all the profit that it has earned.

    The EA trades looks very much like WayGrow with Grid.

  2. Although on Ocatfx website, it was mentioned that scalping strategy is welcome, on their Customer Agreeement, clause 4.9 it says:

     

    4.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse.

     

    Normal scalping trades last less than 2 or 3 mins, especially on fast moving pairs like GBPUSD. If Octafx really allow scalping, this clause needs to be removed.

  3. Though the equity line is nice, the draw down could be huge. The Equity Growth line (Gold in color) could show that it either have no SL or its a martingale when price move against the direction of the trade. The history trades were marked private and so are the open trades....highly suspicious....
  4. As promised, here is the update.

     

    After I challenged them when they used Client Agreement Article 13.17 to denied my withdrawal request. They went silent and did not mention if they will going to reply me.

     

    Only after I told them that I will report the case to FSCL and FSPR (the regulatory authority) them they replied promptly, giving another reason, the third excuse, that they denied my withdrawal request due to technical problem with MB (MoneyBookers). But my withdrawal request was payment to Payoneer Mastercard not MoneyBookers !!! Then they apologized for the confusion and asked me to re-submit my withdrawal request. The amount has been withdrawn from my RoboForex account and pending credit into my Payoneer MasterCard accounts.

     

    It is obvious that they do not do the facts finding and used unrelated articles in the Client Agreement to deny my withdrawal request. I was withdrawing profits and my initial deposit was more than 30days, therefore, articles 13.16 and 13.17 are not applicable for my case. Yet they tried to force them on me until I threatened to report to the regulatory authorities.

     

    After this bad experience, I will not add funds to RoboForex. You made your own judgement.

  5. Those who are considering to open Live account with RoboForex.

     

    HOLD YOU HORSE UNTIL 19 Sept 2013 !!!

     

    I've tried to withdrawal part of my profit and these guys giving lame excuses to cancelled my withdrawal request. First they use Client Agreement article 13.16. After I challenged them, they now use article 13.17. I challenged again and now waiting for their reply. I gave them till 19 Sept for satisfactory reply.

     

    DO NOT FUND ANY LIVE ROBOFOREX ACCOUNT FOR NOW !!!

  6. I have been monitoring this EA for two months, the EA seemed to have burst the account in June, last month. See the vendor's myfxbook :-->

    http://www.myfxbook.com/members/siriusprosystems/siriusprosystems1/487147

    Go there and read the Discussion.

     

    From the History, it is obvious that the EA is a Martingale Grid trading.

     

    I tried to access the vendor sales website and it seemed that he has removed them.

     

    Hello!

     

    Anybody who is willing to share the above EA for testing.

     

    Tks in advance.

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