Discuss ForexEnvy.com

[John Mendgen]

I don't own this, but looking at the statements I am very dubious about an ea that will open trades of 3 to 7 full lots occasionally, with an account size of only a few hundred dollars at best...though the vast majority of the trades are reasonable sized. This explains the might leaps in the graph, but they could have just as easily gone the other way. Dangerous, yes?

 

[Forex_Envy]

There is one thing you are overlooking. This is a Trading Point micro account based in micro lots. So a 0.01 order using a Trading Point micro lot is really a pico lot on a standard broker (0.0001 lots)

A 7 full lot trade is really only 0.07 standard lots on Trading Point.

I just wanted to clarify that we are not trading a $220 account with lot sizes in the 3-7 lot range.


Team Envy

 

[STARLIGHT73]

excuse me, what happened the 6th of december? why that big drawdown? and why did you deposit more money on 4th december? what would be happened if someone leaved it work without doing anythhing? wipeout?

 

[Latintrader]

c'est un classique martingale, il n'y a pas besoin d'être un mathématicien pour créer un martingale, tous les backtest que j'ai fait explosent, depuis novembre 2011 les backtest marchent bien, les compte réel qui il met dans le site forexenvy.com sont de quelque centaine de dollar, pour quoi Robert, si vous avez confiance dans votre ea pour quoi pas un compte de 5000 ou 10000 dollar? tous les comptes que vous présentez sont multiplier par 100 et 1000 par le courtier des nano comptes

 

[Check]

Almost a blow account. Very risky EA!!!

MT4i - Stats for frr_forexenvy

 

[Carlo Colombo]

This ea is an idiot martingale that double lotsize every grid step.
Wait for the first good trend on EURUSD and will burn all ....

Incredible!
Ha, ha, has burned also without doubling the lotsize like original version.
These guys also didn't wrote that their system/ea was done for cents account, or for very large accounts.
I think that they were relying on the ranging of EURUSD in order to sell a good number of copies.

 

[Forex_Envy]

Our PAMM account has over $35,000 in it. Is that account large enough for you? We have many members using our system with over $35,000. I don't think the size of the account should be an issue.

As far as the 6th of December... Our FPA live account started on December 30th. What account are you referring too?

Regards,

Team Envy

 

[yaz]

This EA should no longer be here

According to my own calculations this EA has burnt out twice,They keep on introducing new equity to keep it afloat..misleading in my opinion.

 

[Tim Needham]

What would burn out a regular account cruises on by a Tradefort penny account. I made a 20% profit on one trade after haveing a close shave with a stop out. But since the stop out level for a tradefort penny account is only 10% I really didn't get all that close to it. But I did get pretty close to the 30% margin call. Down to 40%. BUT I should also point out that I'm using settings for a $1200-$1600 account on what was a $50.00 account and Now I'm up over $81.00 It took me a while and quite a lot of money to catch on that manual trading is for the birds. I've made as much as 3000% in one day but then I got tired and lost it all. And I did that with nothing more than a 17 pip trailing stop on the eur/usd. Now imaging what a bot could do with nine pairs. Just a side note.. I bought another bot a while back that I took a demo account from 5k to 16 million in 3 day by compareing different brokers and using the difference to predict and trade. They offered no support and I couldn't find an appropriate broker that would accept americans. If only I knew about tradefort then I'd be a trillionaire. But Now I can't recall the name of the program. Any one out there know what it is?

 

[STARLIGHT73]

the Ea looks good but with micro account is difficult to gain a lot of money....so the question is: how many money do i have to deposit for a "real" results?