Comments for Trading System Blog

Comment on 1st LMD-Multicurrency, 2nd HiRIDER - Forex Robot World Cup “Inside Scoop” by Gerhard Fussle

Gerhard Fussle — Tue, 02 Mar 2010 16:34:21 +0000

Hi,
I’m interested in Zulutrade as well and I have run a demo account for almost a month.
I have found some systems that I like, but even those can have very large drawdowns, such as Build the Case, Isunia, Gradual Increase and Kingmax. I have one system called COO that currently has a drawdown of $10000.00 on a 1 lot position!
I was just wondering which system works best for you
Thanks
Gerhard Fussle

Comment on 1st LMD-Multicurrency, 2nd HiRIDER - Forex Robot World Cup “Inside Scoop” by Mikhail

Mikhail — Fri, 26 Feb 2010 06:34:10 +0000

Hey guys,

If you only want to trade HiRider just follow me on ZuluTrade here:

http://zulutrade.com/TradeHistoryIndividual.aspx?pid=12967

or if you want to trade Fusion (minus the Martengale system) follow me here:

http://zulutrade.com/TradeHistoryIndividual.aspx?pid=12669

Enjoy!

Comment on 1st LMD-Multicurrency, 2nd HiRIDER - Forex Robot World Cup “Inside Scoop” by Campbell

Campbell — Thu, 25 Feb 2010 10:00:40 +0000

Hi Todd,

I see your frustration.

Maybe someone else out there can help?

Comment on 1st LMD-Multicurrency, 2nd HiRIDER - Forex Robot World Cup “Inside Scoop” by Todd

Todd — Thu, 25 Feb 2010 09:55:54 +0000

I am looking for a copy of the Hi Rider but i am not interested in all of the rest including the Fusion Bot. i like the simplicity and steady curve of the Hi rider. unfortunately this is not an option with the Forex World Cup- it is all or nothing situation. Any ideas?

Comment on 3rd Traders International review delivers harsh blow by Jack

Jack — Sun, 21 Feb 2010 07:50:01 +0000

I have been a member of TI for a while now and have to admit that there is alot of misrepresentation in what they present. A few of them being:

(1) Their emini results do not account for the spread of trading each contract which is 1/4 point. Therefore, if they make a point, it is actually 3/4 a point before comissions, and when they claim to be at break even, it is actually -1/4 point before commisions. They do not mention this to you during the webinars, do they?

(2) The trading calls are erratic (far from the likes of the webinars). At one second, he is calling a trade, and the next second he says he is out with a -1/2 point loss although in real terms, the trade has already gone 1.5 points to the negative side. They manipulate the losses to their own benefit.

(3) The tally at the end of the day is not accurate if you were to take all the trades in a live account.

(4) The emini moderators do not trade live accounts. It just shows how well they trust their own money with the system. Trading is simulation also differs from trading a live account as if you do some research, the fills on simulation accounts are much better. Even brokers manipulate whatever they can to entice customers.

(5) The emini trading room is privatized. There is no freedom of speech because they know many members are unhappy with the room.

(6) There are a 100 or so members in the emini trading room. In the webinar, they claim they have had thousands of satisfied members. If the rooms were really making all those points, each of those 1000s members will still be in it.

(6) The same goes for the Forex room. The spread is not accounted for in the live results. It adds up to about 400 pips per month on average (being very conservative). This means that if the profit for the month was recorded on the website as 1000 pips, it is actually only 600 pips in real terms if all called trades were taken live.

The only thing keeping TI afloat is the Forex room. This is because of its moderator who is fairly respectable and decent and also that the room is netting a real, net positive tally at the end of the money. Although much less than what is posted on the website, still a consolation for the members who have already made the payments upfront.

A couple of questions to ask yourself before considering joining:

(1) Why are the moderators paper trading instead of live trading?

(2) Why don’t they add the spread of the trades to the posted results?

(3) Why don’t they unprivatize the room?

(4) If you go for a webinar and are brought into the live room, ask the moderator of the webinar to ask the members what was their total MONTHLY NET profit instead of the number of points/pips earned the previous day. You will see the difference.

It is clear from my post that I am not contented with my purchase of the TI system. I will be fair to TI by saying that the Forex room is working out for the time being and I give the moderator 4 stars for that. Although, the price that they charge is not worth what they offer, far from it. What would be reasonable for the rubbish that they give you? Probably $1000.

I don’t even log in to the emini trading room anymore because I know how ridiculous it is. For those who plan on joining, my advice will be to stand aside for now. If it gets better in the future and you see more positive comments, then you might want to give it a shot. But for now, your money is best spent somewhere else.

Notice that the only good comments are from Steve, who is undoubtedly a marketing member of the TI staff and whose words should be totally shelved.

For those of you who do your due diligence, you choice on the matter should be clear. For those who do not, like myself, it would be better for you to join TI and learn a much deserved lesson on doing your research before making a commitment.

Comment on 3rd Traders International review delivers harsh blow by Jim

Jim — Wed, 03 Feb 2010 02:40:21 +0000

Yep I was with Traders international.
Did nothing but loose.
I feel it is a scam.
I went to another online room and have made + weeks every now.
I now feel like most here Rich and Dale can’t trade and are liers.

Comment on Forex Neutrino… Three FX legends in one system by V.Monk

V.Monk — Tue, 26 Jan 2010 20:30:28 +0000

I have a Super Indicator so named that I obtained 1-2 yrs ago. It gives buy and sell signals.
I read another method of trading with BB. so I Placed the BB on the same chart. The
signals appeared at the apex of th BB, high and Low. Indicating a change in direction of the trend. INeutriono appears to be the same type of indicator, follwing BB with aslightly differant
alogrithum caclulation

Comment on Let’s “investigate” Forex Cash Detective… by Campbell

Campbell — Tue, 26 Jan 2010 19:27:57 +0000

Hi Paul,

It appears the link above is working and the order form is active.

Comment on Forex Neutrino… Three FX legends in one system by Campbell

Campbell — Tue, 26 Jan 2010 19:25:54 +0000

Hi V.Monk,

I just ran a quick test to see and only sometimes was it hitting the BBs, sometimes it would shoot over them and others it would hit the Moving Average with a signal. Do you have a reason for testing this theory?

Comment on Forex Neutrino… Three FX legends in one system by V.Monk

V.Monk — Tue, 26 Jan 2010 15:19:42 +0000

I am asking you to test the Neutrino with adding Bollinger Bands -20. See if the buy and sell
marks are on the upper and lower Bollonger bands