thebfxc Posted August 23, 2011 Report Share Posted August 23, 2011 http://www.mt4i.com/users/millionaire-bfr - Forward Test conglo, ramliam and ross123 3 Quote Link to comment Share on other sites More sharing options...
conglo Posted August 23, 2011 Report Share Posted August 23, 2011 Thanks, looks good so far. http://www.mt4i.com/users/millionaire-bfr - Forward Test Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 23, 2011 Report Share Posted August 23, 2011 Does anyone actually using its signals on a live account so far? I would appreciate if you let us know of your experience... I found the details on their site not complete with regard to what this EA is and how it operates.. Thanks. Ross.. Quote Link to comment Share on other sites More sharing options...
soundfx Posted August 23, 2011 Report Share Posted August 23, 2011 Guys, You need to check out the post by Jarora here: http://indo-investasi.com/showthread.php/14586-REQ-Auto-FX-Millionaire/page2?highlight=millionaire For a couple of days of running that DD is a joke. You can guarantee that running it for a long period, there will be some account busting DD's to come - there always is with these EA's which look too good to be true ;) It's the simplest thing in the world to code an EA which places multiple orders and has massive DD's and it's also very simple to make these EA's look like the holy grail with carefully chosen results - that's why they're the marketeers' dream. It's impossible to avoid these DD's too, because as soon as you start putting sensible stop losses in, the EA turns into a consistent loser.  IMHO, the only way you can trade these EA's is for a bit of fun if you're a gambling sort. Run it and see if you make some decent gains - if you do then take the money and run, because the next trades could be the ones which end up 100's (or 1,000's) of pips in DD and either stay there so that you're sitting on a big loss with no new trades being placed for months or never come back and ultimately blow your account. Quote Link to comment Share on other sites More sharing options...
mathprav Posted August 24, 2011 Report Share Posted August 24, 2011 40% is indeed a big drawdown..... too much risky... 40% drawdown and 16% profit, as the trades made around 800$, with deposit of 5000$ Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 24, 2011 Report Share Posted August 24, 2011 I just went out and bought it..But wait..there are several pages of different product type comes at you once you paid the initial $38. prices ranging from $110 to $400. It kind of makes you wonder what you have just paid for. once you are done with all that still you have to WAIT for the license to arrive at your email.they need 48 hours it says.. Honestly I feel like a true sucker right now. Ross Quote Link to comment Share on other sites More sharing options...
Sneed Posted August 24, 2011 Report Share Posted August 24, 2011 Just use your Plimus receipt number as your license. ross123 1 Quote Link to comment Share on other sites More sharing options...
conglo Posted August 24, 2011 Report Share Posted August 24, 2011 Don't feel bad. One way or another we all pay for our education. Please let us know how it goes. I just went out and bought it..But wait..there are several pages of different product type comes at you once you paid the initial $38. prices ranging from $110 to $400. It kind of makes you wonder what you have just paid for. once you are done with all that still you have to WAIT for the license to arrive at your email.they need 48 hours it says.. Honestly I feel like a true sucker right now. Ross Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 24, 2011 Report Share Posted August 24, 2011 I am in the members area and everything look like a professional site. a lot of thought has been given to design and process. installing the EA was also effortless. lets hope trades are as great. The site seems to be very busy though. loads very slow. Thank you Sneed BTW. Ross. Quote Link to comment Share on other sites More sharing options...
ho3ain190 Posted August 26, 2011 Report Share Posted August 26, 2011 http://www.mt4i.com/users/millionaire-bfr interestiig signal ....|!! Quote Link to comment Share on other sites More sharing options...
ho3ain190 Posted August 26, 2011 Report Share Posted August 26, 2011 free access for 3days ! http://www.autofxmillionaire.com/free.html please get it and share expert .... Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 26, 2011 Report Share Posted August 26, 2011 Watchout! Only can use credit card after 3 days is 37/week! Not per month.. BEWARE! Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 27, 2011 Report Share Posted August 27, 2011 Watchout! Only can use credit card after 3 days is 37/week! Not per month.. BEWARE! this is my subscription details on my Paypal: Subscription Terms: $38.88 CAD for the first month Then $38.88 CAD for each month Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 27, 2011 Report Share Posted August 27, 2011 Ross did you take the 3 days trial? The trial package is different from the main sales page payment from wat I see. Also the paypal is disabled for the trial... Quote Link to comment Share on other sites More sharing options...
conglo Posted August 27, 2011 Report Share Posted August 27, 2011 If you would look at the MT4Live account closely you would see that there are HUGE drawdowns with this thing. It's a disaster waiting to happen. Do your due diligence and either get your refund while you can or forget this. Quote Link to comment Share on other sites More sharing options...
sparrow59 Posted August 27, 2011 Report Share Posted August 27, 2011 I upgraded to the platinum package, anyone else using this edition. so far no trades on the platinum edition, was wondering if anyone else has upgraded... Quote Link to comment Share on other sites More sharing options...
ho3ain190 Posted August 27, 2011 Report Share Posted August 27, 2011 please share your result ? Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 27, 2011 Report Share Posted August 27, 2011 (edited) 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. Edited August 27, 2011 by ross123 Quote Link to comment Share on other sites More sharing options...
freddy Posted August 28, 2011 Report Share Posted August 28, 2011 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.    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 Quote Link to comment Share on other sites More sharing options...
conglo Posted August 28, 2011 Report Share Posted August 28, 2011 (edited) Go to their MT4Live account and look at the hourly floating P/L. Look at the link right above this in post #69 (courtesy: freddy). You can't look at just the closed trades.  This thing has "RUN AWAY!!" written all over it, nobody seems to be paying attention.  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. Edited August 28, 2011 by conglo Quote Link to comment Share on other sites More sharing options...
ross123 Posted August 28, 2011 Report Share Posted August 28, 2011 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. Quote Link to comment Share on other sites More sharing options...
megainvest Posted August 28, 2011 Report Share Posted August 28, 2011 I think they have improved the system in the meantime. Because the losses or trades that going to loose close very fast with small losses, and winning trades are most bigger. Also the trades close often in about 30-60 minutes. So far I'm happy with this EA.... Maybe I wil waiting one or 2 weeks before I will going live with them. I hope this EA copier will also be in live trading profitable. Thanks, megainvest Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 28, 2011 Report Share Posted August 28, 2011 Any idea Once purchased will the copier be send immediately? Thanks Quote Link to comment Share on other sites More sharing options...
ldibart Posted August 29, 2011 Report Share Posted August 29, 2011 I have heard good things about this one. it is sent immediately download. but it is not placing trades for me not one... Quote Link to comment Share on other sites More sharing options...
soundfx Posted August 29, 2011 Report Share Posted August 29, 2011 Idibart, Â You may have heard good things about this one, though I suggest that you guys remove your rose tinted glasses for a while and google "16617-autofxmillionaire". Â Some very interesting findings there ;) There's no way I would trust some EA I know nothing about to trade my live account, when the marketed EA stats. have clearly been manipulated. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.