FPA Forums and Reviews Admin
Sorry, just to clear up any confusion. The figures I gave are in fact not per lot, but the results from the 2 lots on each trade being added together. A more accurate result per lot is yielding by dividing the pip count by 2.I would just like to preface this post with the comment that I actually think that his is quite a good service. Their records are pretty good, but they seem to be stating different results to what they're actually achieving with their live updated trades.
My calculations from the MT4 statements yield:
GBPJPY : 1132 pips in August
GBPUSD: -92 pips in August
yet they state 555 pips for GU and 1190 for GJ.
My calculations has taken into account the lots used with the final result being the result per lot. i.e most stop losses incurred by fxboss stop out both lots meaning that SL needs to be multiplied by 2.
I used this for the two-week paid trial. The signals were given in time to enter, but sometimes with just a minute to spare before moving past the recommended price. The problem is that signals can come in day and night. So you must be ready to place trades at any time, or else you will have different performance (for me it was worse than the default account). Hey, I´ve got to sleep too and do many other things. I would consider this service if it had a subscription to copy trades (via account copier) directly from the server - automatically. So now I am following another service with automated trade by FOREX VOLUME TRADING|FOREX SIGNALS|FOREX MANAGED ACCOUNTS. Maybe fxbosstrading can do the same and I will sign-up long term. If "boss" lower the subscription to 50% discount for first 3 months will also help create some loyalty and to get the account to grow more at the beginning.
Joao (John) Santos