FueledByForexTrading.com

ticksquick

Private, 1st Class
Messages
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It seem slike there is a lot of people getting in on this EA, but the draw down is huge. I joined there blog, and there was one comment where the open trade draw down hit -$4500 on a $10k account.

The EA seems to have 25-35 trades open at one time with small lot size, but still very high risk. Anyone have any feedback from using this EA on alive account ??
 

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BestForexEA.eu Representative
Messages
466
It seem slike there is a lot of people getting in on this EA, but the draw down is huge. I joined there blog, and there was one comment where the open trade draw down hit -$4500 on a $10k account.

The EA seems to have 25-35 trades open at one time with small lot size, but still very high risk. Anyone have any feedback from using this EA on alive account ??

https://www.myfxbook.com/community/trading-systems/automated-algorithm-ea-elite-live/2671928,1

It's a martingale so sooner or later you will lose your entire account.
 

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BestForexEA.eu Representative
Messages
466
165385322021.06.17 15:26balance
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9 980.69
165611352021.06.17 20:24balance
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17 258.89

LOL. He had to add more deposits so that his account would not burn. His clients are crying now due to big DD.

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fueledbyforex

Recruit
Messages
1
165385322021.06.17 15:26balance
Internal Transfer​
9 980.69
165611352021.06.17 20:24balance
Internal Transfer​
17 258.89

LOL. He had to add more deposits so that his account would not burn. His clients are crying now due to big DD.

Thank you for your feedback. Martingale systems need room to breath. Sometimes you need to add capital. They are not for everybody, but on smooth markets generate great returns. All clients are briefed of how we operate before going in. Most are playing with house money at this point.

As you know, trading is emotional. I offer transparency and let people vent and feel their emotions in the Facebook group freely. If you disagree with this, then feel free to move on.
 

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BestForexEA.eu Representative
Messages
466
Even if it was free, I wouldn't want it. Total disaster.

The page you're looking for was either removed or doesn't exist.

Screenshot 2021-06-18 at 22-28-47 Elite Automated Algorithm EA Review.png
 
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