kappaforex
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Posts posted by kappaforex
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Stay away from this EA Total Garbage! I ran it on 2 demos last night 1000 and 2000 and blew both of them in a few hrs. I would not use any EA on my live accounts! They just do not work!
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Will check out the statement cheers
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Dont waste your time with this garbage EA. EU down over -280 pips -150 pips. All trades have been very poor! Revert to this post http://www.worldwide-invest.org/metatrader-expert-advisors/6213-tom-ea-3.html
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Not sure who George Fin is but i emailed him and he is requesting $99 for MDP version that he modified. Probably another scammer!
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I find it hard to beleive that you are making money with this EA. I speak with the developer live on skype and compate my results which are live with Pepperstone and i got losses which also correlated to the developers trades. Too many traders on this forum talking **** i beleive and not disclosing true information.....
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I agree also, i have tried the latest version getting too many losses. Im using EU 5min on Pepperstone account buddy. Can anyone else confirm. Thanks
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I just noticed the auto millionaire website was ranked 1 on http://www.expertadvisorsforex.com/ now its been removed from this site. So traders beware! You have been warned. Over and out.
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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
Id go one step further Freddy and hit these marketers with law suits. Its about time these pricks get booted off the net and take their BS marketing sales pages with them.
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Do you mean "Trend" Micro, as in virus?
If so, I wouldn't be surprised..
Hey Conglo, tried on my 3 pcs's different IP's Trent Virus has picked up the AutoMillionaire as a scam / internet threat. By the way i have emailed the support team in Auto Millionaire and yet to receive a reply, now been 5 days. I will get my mate who works for paypal to see what he says about the site.
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Not sure whats going on, Trent Micro has picked up the AutoMillionaire Website is dangerous and has been reported as scam?? Funny enough i have to agree with that. In regards to your comment Conglo do what you need to do to build your account. If you require only one indicator than thats awesome! I merely posted a tip which helps me with Forex. In regards to this EA, i beleive Scam is written all over it. That's my 2cents!
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I advice you guys to learn about harmonic trading. Google Kor harmonics! I have stops at 40 pips on my trades with correct MM! The Automillionaire EA website is fraudulent, misleading and false advertising. Why dont you guys read between the lines. Look at the site which is advertised and the starting lots the so called professional trader has started with. Do you honestly beleive the smart trader trading a 5 lot contract will be happy with a -160 DD! Yeah right!
Learn price action, kor harmonics, resistance pivots and volume. Thats my tip!
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I am not sure I would get too excited over this one. Have a look at the current open trades
http://img263.imageshack.us/img263/4519/screenhunter01sep031236.gif
Thanks Prattpot
Stay away from this EA traders, cancel and get your money back now. Ridiculous trade set ups! Total scam and BS!
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kappaforex,
I totally agree. As I've said time and time again about these "amazing" EA's...
I can create an EA in 30 mins flat which will show amazing backtest curves, the problem is that these EA's are unpredictable and for gamblers only, not traders. Huge DD is not a nice thing to suffer and there are a lot of ego driven guys out there who think that if an EA goes into too much DD, then they'll pull the plug well before their account is drained to 0. This is much easier said than done lol. If you've tripled your account in two months and are now looking at all those gains and potentially even some of your original capital being wiped out - are you ready to pull the plug? I suspect not lol. These are the psychological demons you have to face running these sort of systems. If you really want to have fun and make tons of cash very quickly or lose it all then search on the forum for a user called boussenix who was trying to sell a "holy grail" EA, though it got shared eventually. If you run this on a "gambling money only" account then you may do ok - probably a lot better than death by a thousand cuts from trying out all these rubbish commercial EAs :)
I can see total newbies falling for all these tricks, though I think some of the guys here should know better and the only reason why they're holding on to the dream is because of greed and a crazy notion that the perfect system will eventually fall into their laps lol.
Wake up guys! You know what sort of people you're dealing with when you buy these dodgy EA's lol - if they manipulate their results in photoshop or over-optimise their backtesting (so it only works perfectly for the period of time they show), or do anything else underhand - the alarm bells should be ringing and questioning deeply some of the marketing blurb: "This guy says he wants to give back to trading community" or "He wants to become a millionaire by the age of 23, so he's selling the system as a once in a lifetime opportunity, to help build up his trading account quicker" etc. It's all total BS.
If a system was half as good as most of those hyper-marketed EA's purport it to be then it wouldn't be selling for $97 to as many customers as it's affiliates could dig up from their spammers mailing lists, it would be selling for $1,000,000+ to major dealers and investment banks lol.
So...what's the solution? Unfortunately, you'll find that if you want success in this business you have to work for it like in any other business. There are two routes:
1) Learn how to become a good manual trader.
2) Learn how to code (if you can't already) and do proper research and development of your own EA.
Well said soundfx. Im a manual trading 99% of the time trading harmonic patterns and price action / volume analysis. I gave this EA a shot on a smaller account and destroyed within a few days. Last time i bagged an EA i got smashed on this forum saying that you just critisize and to stay off it. Well as i said again 99% of EA's are total BS!!! These marketers should be kicked off the net and banned but as we all know that will never happen.
Thanks soundfx great reply!
The only way i beleive to get ahead in forex is via manual trading.
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Ok traders, have a look at the BS sales page of $500! Look at the lot sizes traded! 0.15 USDCAD started off with. How are you going to make that sort of money in return trading at 0,01 lots for accounts < $1000! It's total BS!
I have used this EA live on a smaller account and its getting smashed with the extremely poor set ups. I have cancelled immediately as EU is down over -140 pips on 2 trades so to EJ also. There are no SL's and as far as im concerned the sales page is fraudulent.
These marketers should be booted off the internet and fined also!
By the way emailed them 3 times not to get a response at all. If he recommends 0.01 why is he selling the package with lots at 0.15 and above on accounts at $500???
Work that one out.
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Ok traders, have a look at the BS sales page of $500! Look at the lot sizes traded! 0.15 USDCAD started off with. How are you going to make that sort of money in return trading at 0,01 lots for accounts < $1000! It's total BS!
I have used this EA live on a smaller account and its getting smashed with the extremely poor set ups. I have cancelled immediately as EU is down over -140 pips on 2 trades so to EJ also. There are no SL's and as far as im concerned the sales page is fraudulent.
These marketers should be booted off the internet and fined also!
By the way emailed them 3 times not to get a response at all. If he recommends 0.01 why is he selling the package with lots at 0.15 and above on accounts at $500???
Work that one out.
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Ok traders, have a look at the BS sales page of $500! Look at the lot sizes traded! 0.15 USDCAD started off with. How are you going to make that sort of money in return trading at 0,01 lots for accounts < $1000! It's total BS!
I have used this EA live on a smaller account and its getting smashed with the extremely poor set ups. I have cancelled immediately as EU is down over -140 pips on 2 trades so to EJ also. There are no SL's and as far as im concerned the sales page is fraudulent.
These marketers should be booted off the internet and fined also!
By the way emailed them 3 times not to get a response at all. If he recommends 0.01 why is he selling the package with lots at 0.15 and above on accounts at $500???
Work that one out.
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I have cancelled! http://www.worldwide-invest.org/metatrader-expert-advisors/4687-auto-fx-millionaire-8.html Ridiculous trade set ups with massive DD no SL! Who's driving this copier??
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Instead of posting again here is what i wrote about this famous EA at worldwide invest - http://www.worldwide-invest.org/metatrader-expert-advisors/4687-auto-fx-millionaire-7.html
Im not convinced at all about this copier...
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Thanks for the share, an error " invalid validation variables " keeps coming up with the 1.1.6 edu version. Cheers
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Hi traders im using 1.1.0 live on Axit trader and Go markets. Trades are minimal so profits are also the same. I have set up a demo account with Thinkforex to check if the trades do match up. Has anyone used 1.1.6 as yet and what are your findings. Thanks
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Hi Theozaki, i have placed the EA on my live account but it doesnt open any trades. Im using method one as true and the rest as default on TF- 1 hr charts. Can you advice thanks
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Hi Traders, im not using Forex Growth on my live accounts cheers
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I dont understand how version 1.1.0 can be the best version. I have tested it live on multiple accounts and has traded poor to say the least. I cant get the results shown on the website at all? So i have trashed it.
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If you notice MDP keeps trades < 1m and trades only the EURUSD. There are only few trades that fit this profile on your real report while the MDP developer shows many trades during this time on his demo. A lot more. I am not saying that wallstreet is not a decent EA. But it is because WS not MDP that your account is in profit IMHO.
Great point Fxnight. I have used this EA on live account with Axitrader and Go Markets (V1.1.0) and only had losses. This is about MDP so why is the other trader showing us results of WS??
If anyone has the latest version share it and i will test it live! Very Simple as that. Great reply fxnight
[Share] P1pjet EA
in MetaTrader Expert Advisors
Posted
Why waste your time with Hot Forex. I advice you to use Armada Markets lowest spreads and fastest executions on the market. I trade manually do not waste my time anymore with EA's They do not work! If i had an EA making me money i would never sell it on the internet.