Recent content by The Prophet

To Gaban13, I thought your last post was a bit misleading for traders when you wrote that the 50% hotforex bonus cannot be used for trading, when actually, it can. The intended benifit and usage of the 50% bonus is so you can use it as increased leverage and lot size combined with your...

I have an account with Hotforex which I run through f-man at 4Xangels to get my rebates, I read the thread and would just like to say that I had a chat with one of the chaps at Hotforex and the whole idea behind the 50% bonus is to enable you to increase your trade volume, good for me and good...

Sorry f-man it is 6 trades and 167 pips in profit. Don't want to confuse your stats!

+121 pips, the Prophet is rolling again! Thanks 4Xangels, stuck to your trades up a total of 167 pips in 7 trades. Keep the Prophet rolling. f-man can you give any information about your trading stratergy?

The old stock market saying “sell in May and go away, come back on St. Leger day” – the last horse racing classic of the flat racing season on the 10th September in Doncastor UK. The saying comes from the fact that equities have struggled from May to September over the past 50 years. Returns...

Mastering the Exit The exit is where your trading system tells you it is. If you do not know where your exit is, don't take the trade and have a good look at your trading system. If you do not have a trading system, stop trading and stop losing money. Trading really is simple, we make it...

Discipline Being long in the tooth and an old school manual trader, I can give you some valuable advice. When you have your trading style and system, you've learnt your money management, your'e comfortable with your entry and exit stratergy and you have done your time on demo accounts etc...

A Perfect Example I started a thread in the general discussion area called Intelfx - Scam or Not. This truly highlights the need for regulation of some form or another. It also highlights the need for serious checks of the broker. I have been looking at what 4xangels do as an IB and really...

Non Fulfilment of Contractual Obligations It is clear that AIC did not fulfil their contractual obligations as described in items 2 & 3 of the conclusion paragraph in the letter from Mr Jesser to AIC. This is a typical Australian type of con and is commom practice for Australian scam firms...

Laurie Gold - I am very sorry to hear that you have still been unable to retrieve your money from Intelfx. This brings me back to my original post on this thread: Can the FPA put a scam alert notice next to the name of Intelfx on the broker review front page? I think the evidence is...

Being new to the FPA I had not realised when I started this thread that there had already been a thread about Intelfx in the scam alert folder. After reading through the original thread and now the past couple of posts from The Pharoah and Luisi Lie in this thread I have a few questions. 1...

Intelfx - Scam or not Absolutely correct, however, what I was referring to was the front page of the broker reviews. A new member would automatically know there was an issue without having to read through reviews and possibly miss something. Once alerted of an issue, the new member would look...

I was reading through the traders court and came across the case of Intelfx. There is a huge question mark over the actions of Intelfx regarding witholding the return of funds. In the FPA traders court, 201 out of 206 voted guilty, a whopping 97.55%. In the broker reviews, Intelfx have...

Am I the only one a little miffed at some chap using the FPA for a few weeks to help him and then blowing off the FPA after writing the words below: "But I think FPAs work here is done" "And I now know that I am officially not a criminal" Thank you guys for all your help'. Is he...

To Anita V. It's been a few months since your original post, I trust all is well and you have gathered a vast amount of knowledge to enable you to become a profitable trader. The most important lesson for you to learn is Discipline. All the knowledge in the world will not help you if...