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Posted

As far as I understand its just a trade copier..why educate it?

Live proof is great, traders will happily pay the 37 bucks per month, I guess... the 3 Chinese boys deserve it for such a performance...

Guest David1713006337
Posted
  mograst said:
hi, does anyone have experience with this EA?

Seems good and also live stats..

thanks

 

h**p://f0rexxixdrag0n. dot. com/

 

 

 

change:

0 -> o

* -> t

x -> p

 

When posting ..put (Req) in title per rules and only post once on this forum. No double postings my friend. Let's post once which will prevent confusion when others are searching for this specific subject.

Posted

it isn't a martingale. there are different lot sizes i imagine based on the SL of the positions.

 

might subscribe and put it on a demo. manual trading just worries me a little bit.

"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

Posted
  ho3ain190 said:
its like martingle and not trade copier ! please educate this expert

 

It isnt martingale and the EA just copies the signal it gets from developer server.

Posted

hi guys,

sorry fo double post but din't see my message afhter first post, so I repost again. Yep it seems to be a signal service/trade copy. I do not see any martingal on the strat. For that small monthly charge i may test it for a month on a small live account and will let you know.

Posted
  Stormin_Norman said:
it isn't a martingale. there are different lot sizes i imagine based on the SL of the positions.

 

might subscribe and put it on a demo. manual trading just worries me a little bit.

 

You're right, I would suggest to keep it on a Demo for another 6 months though, or just come back 6 months later to see if it is still profitable.

I have seen many people blowing up after 6-8 months of trading

 

However, if someone subscribes please confirm if trades do actually match with the ones posted on myfxbook

 

Thanks

Posted

ho3ain, you're the perfect scam buyer who all scam artists love :P

 

if this was an EA with a long term (not curve fitted) backtest that actually matches the forward test then that along with

the forward test made on real money so far would be good enough to make an investment decision.

 

5 months of real money trading presented on its own however is deffinatley not enough

 

If you want my openion, I have seen 11 buys add on to a AudUsd trade taken this month on the same position which is a big red flag

 

I will continue to observe though and would love to jump in if this remains profitable by September or October this year

Posted
  mograst said:
hi guys,

sorry fo double post but din't see my message afhter first post, so I repost again. Yep it seems to be a signal service/trade copy. I do not see any martingal on the strat. For that small monthly charge i may test it for a month on a small live account and will let you know.

 

 

====================

 

Do you run it live already?

Posted

It's a trade copier, so no sense in educating.

 

These guys are mimicing kangaroo EA trades by the way. Yesterday they did the exact same trades as KangarooEA.

 

I think they have different EA running and just distribute the signals. Most probably master traders involved ;)

  • 2 weeks later...
Posted
  mograst said:
guys, just a bad update. They blow abou 50% of my account with only 2 trades.. also myfxbook account closed as well as site closed.. END OF STORY!

I agree, the service is ****, but losing 50% on just 2 trades indicates a total wrong risk setting..

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