9 years of no FX losing trades exposed on video

[dekac]

Hi Traders

How are you doing...
It is time to see what almost 9 years with not one single losing Forex trade is all about....

Markets are going up, down, sideways... it just doesn't matter.
In fact, let me expose you to a little secret about this record breaking robot: It only cares where the market is going in the next hour or two. That's its true beauty!
What does that mean for you? Quite simple... markets aro.und the world could be crashing, it makes NO difference.
The robot just doesn't care... it only cares about small price swings that occur 10, 15, 20 or more times throughout the day. Price swings that happen regardless of what happens in the world economy and the stock market. Price swings that it has successfully nailed for the past almost 9 years with 100% accuracy!
Don't miss the video (http://delija.FXACR.hop.clickbank.net) that will show you how the future of Forex trading is about to change...

regards
dekac

[PRIZEGUY]

Unbelievable Dekac.

Live trading I wonder

My Holy Grail prayer answered? Or will it be another scam.Lets see.

Seen the video and quite impressive.

Doyou know anything else about it?

Your feedback will be most appreciated.

[dekac]

Hi Prizeguy

Did you hear...

The absolutely most anticipated moment of the past few years has finally arrived...

...the Forex AutoCash Robot is finally available!

The robot that has established a new World Record of 8 years and 8 months without a single loss will finally be accessible to a private gro.up of lucky traders....you can find more info here (http://delija.fxacr.hop.clickbank.net)

Regards

[PRIZEGUY]

Being a newbie and ever in search of ultimate profitable 'holygrail ' automated EAs [ and disappointedly have not found one as yet] I was really looking forward to this system. Unearthed few bits & bobs on it. Copied and pasted. Thought Alpari forum readers may find something here of interest. Below are excerpts.Regards. Prizeguy
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This EA (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2631-ea.html) or robot is being promoted as never losing a trade in 8 years. They even go as far as posting the statement on the website to support this claim. However, one must ask oneself how is it possible to trade for 8 years without losing ? The answer is that the robot trades without any stoploss and goes for a small 7 pip gain each trade. Most of the time this will work. Infact it may work fairly well for months, but there comes a time when the robot trades just at the top of a reversal, and Whamo ! your account is evaporated. I just made a quick glance through the statement printed on the website, and one example is a trade opened on 2008.04.23 which was not closed until 2008.07.11. I.e. almost 3 months open for a gain of 7 pips. The important question is what was the drawdown during that period ? It could have been over 700 pips assuming that the EUR/USD was being traded. That's a drawdown of 7000 USD over 3 months to eventually gain 70 dollars for one standard lot (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2893-standard-lot.html) traded, not to mention the swap interest charges which could have also worked against you. It's a bit like hoping you won't fart; you don't most of the time, but eventually you will.

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Forex AutoCash Robot - 10-01-2008, 08:32 AM


It seems clear this is a scalping (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2475-scalping.html) ea (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2631-ea.html) with some positions open for less than 1 minute. All well and good on a demo account but try it live and your broker will red flag then ban you, or should I say, his mt4 (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2541-mt4.html) software plugin will do it for him...


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Recruit
Posts: 1
Join Date: Sep 2008





http://www.forexpeacearmy.com/forex-forum/images/icons/icon1.gif 10-01-2008, 05:31 PM



The stop loss (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2568-stop-loss.html) on the EA (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2631-ea.html) is actually set to 650 pips....NICE!

Yeah...3 months for a 7 pip gain...not exactly scalping (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2475-scalping.html)....or good trading.....

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Master Sergeant
Posts: 830
Join Date: Oct 2007
Location: Sunny Florida





http://www.forexpeacearmy.com/forex-forum/images/icons/icon1.gif Yesterday, 12:17 PM



A good programmer can write an EA (http://www.forexpeacearmy.com/forex-forum/traders-glossary/2631-ea.html) that's perfectly optimized for backtests. In the real world, market conditions change all the time, and a program that was perfect for last year may fail terribly this year.

I believe that it is possible to create a good EA, but that EA would have to be "smart" enough to avoid big news events and determine if market conditions are optimal for its strategy(ies).

[Celebrity maniac]

Short for Expert Advisor. This is an automated forex trading program for MetaTrader 4. Also referred to as a forex robot or autopilot trading system.

EAs can range in price from free to many thousands of dollars. Do your research before paying money for an EA, and test all EAs carefully before using them to trade real money.