Discuss NicheForex.com

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[Martin Chiam]

I review your trade history and found out one trade very strange :

Lot size = 0.3 Sell GBP/JPY (profit 100 pips gain $321.61) on 07/Feb/2013.

Is it manual trade? I dont think your EA will increase the lot size form 0.01 to 0.3 suddenly !!

Please advise us.

Thanks.

 

[bandlt]

There are 3 trades like that. They are for sure manual. This is a very common system to show great results. It is called "pyramid". You take in this case 8 accounts with same initial capital. You put the expert that you want to advertise on all of them. Then at some point you enter with a full margin position on 4 accounts in one direction and with 4 in the other like a hedge. The result will be 4 destroyed accounts and 4 with 100% profit. You do this again with 2 in one direction and 2 in the other and the result will be again 2 destroyed and 2 with 200% profit (100% made in first round + 100% second round). With the 2 accounts remained, you do the same thing again and the result will be the account they show. 300% profit from 3 trades and you are top5 in FPA

 

[rajanithi]

feb 24th I subscribe this EA,3 days back ea disappear,allready sent 4 maills,no proper reply,I the gays are scam,statement not originel ,all away this ea,0.1 lots are manual trade