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GenialInvest.com

Discussion in 'Forex Software' started by Administrator, Apr 5, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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  2. lakat

    lakat Recruit

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    Genial Invest EA kill my account

    Hi,
    I'm not to happy after testing Genial Invest!
    Genial Invest kill my real account!!!
    This EA made $1950 loss for me.
    This opened 8-10 trading between the trend and always modifiing the SL!
    Tamas
    :mad:
     
  3. tradeonix

    tradeonix Recruit

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    I contacted genial invest with some queries regarding their trading method, they answered with the following you can see below. In actual fact they have proven themselves correct and I stay in profit yet again. Please read their response.



    _________________________________________________________________
    Relating to the justified comments and due to the panic because of the trend against our positions we would like to give some answers and clarifications regarding the work we do.
    We would like to underline especially the world of forex that we are, with high capital movements, world news and daily spikes that very often bring people to evaluate closure of opened positions looking at their portfolios instead of the matemathical and technical analysis that we urge you use.
    In this way people create panic and once they reach the psychological collapse they close positions when they should open it.

    Our system deletes the possibility to have the typical human panic and thinks ONLY about technical analysis, daily news, market indexes and many other things. That is why it is easier to take profit on demo accounts, because panic does not exist and one is not afraid to lose virtual money.
    Those who close positions looking only at their own portfolio without any technical analysis will never have success in this world. Many other EA are developed in the same way, because of their programmers that have the same way to approuch the market getting the typical human panic.


    They transmit the same concept on their EA - human panic.
    Trading does not work in this way.

    Like in a football match or like in the life only RESULTS rule. And GOOD RESULTS erase any doubt. Who want to see the REAL results of this EA should see with the own eyes the profit it make.

    Our system has a totally different approach to the market, differently from any other loser EA that gives the illusion

    to be profitable just because of fixed and large stoploss. At a certain point most of them give you loses because of the market changement.

    Those who want to invest part of their own capitals should think about the risks involved in this market before some other EAs on the network will do it instead of him.
     
  4. Kiran Thomas C

    Kiran Thomas C Private

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    Genial is not at good

    People stay away from Genial , It opens trades like hell, which risks your entire margin , it clearly goes against the trend many times , for a $1000 account ,you will always see $150 in floating loss , and you should remember that genial mostly buy 0.01 lot .

    I am suing genial for 4 weeks ,I am still in loss of $275 ,which is off course happened due to their mis judgement in the market , I don't think any chances for me to recover from this losses ,I have to book the loses immediately as the market closing 1.49 .

    Good bye Genial..............I will never use again.........................
     
  5. Genial

    Genial Recruit

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    MoneyManagement

    Dear Clients, we saw many posts regarding big drawdown and risky trades.
    Everybody knows that drawdown is the max loss relating the own capital. If you trade 1.000$ with 0.10Lot for each trade, what kind of drawdown will you expect? We hope you're intelligent enough to remember that moneymanagement is everything. If the Strategy is winning (like Genial) doesn't means that you will be succesful is you don't have a correct money management.
    Our software has an automatic function that, if you want, will use our same risk. But you should have as minimum the same sum of our capital (and microlots 0.01 available) and don't use other expert advisor or trade manually.
    As usual only people that are disappointed write on forums, to justify their mistakes. We would like if someone of our clients who is making money could release some comment here to share with everybody the results we're getting togheter.
     
  6. javier011

    javier011 Private

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    stay away from these guys.
    loss all my money with these people.
     
  7. Markus Menzi

    Markus Menzi Recruit

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    Genial EA

    i dry genial invest bin 6 week at a real account. real progress 57%. and if you watch this ea carful day by day you will see how powerfull and clever this ea akt. importand it will be, if you fall in panic becouse the ea open many first trade again the schort term market trend you have not interupt him, be bold and patient also not clouse position by hand. just let him work his genial strategie.

    yes the forex market is a very risk business and of corse you have only to invest riskmoney dependent your money management.

    two week ago we had some server connection problem but now seams all is solved. the genial support was in this difficult time professional and helpful.
     
  8. Romeo

    Romeo Sergeant

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    The EA has a performance test running here at FPA. It seems that it is running on a 300 pip SL and it opens many positions at the same time. This means that you account has to be able to "survive" a 5000 pip DD on the position size you are trading.
    The average Profit trade is higher than the average loss trade and the winning ratio is 65%.
    I think it is a profitable EA on the long term, but the actual % profit is very low.
     
  9. bod riley

    bod riley Private

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    Martingale

    start with $100 and make sure you can add more money if the drawdown reaches 30%. If you read the discussion on Myfxbook you will understand that you should not put much $ in your account at once.

    Instead use 1/2 of your investment and if the positions are against the trend, be prepared to add more funds until the trend reverses.

    Thats the fundamental flaw of Martingale. How much money do you have?

    Read up on Martingale and how casino players used this method, UNTIL the HOUSE started to put MAX limits on the bets. =)

    its not a safe strategy when you have a limited budget. But if you stay SMALL it can work with close attention and fast deposits. it's not set and forget and EASY cash if thats what you want.

    Educate yourself before leaving comments Like - "it Lost all My money "

    if you play with martingale , beware.

    I've never seen a system last a business cycle. lol
     
  10. Albert.b

    Albert.b Sergeant

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    How is it a Martingale?

    On the FPA test, it is showing 16 straight losses, yet the lot sizes stayed the same!
     
    #10 Albert.b, May 30, 2011
    Last edited: May 31, 2011
: genialinvest

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