- The website is full of the usualI marketing bullshit. Enthusiastic reviews that are blatanly fake (I read on donnaforex that were present even before the actual EA commercialization!), impossible promises, and so on. The perfect website that a company that makes EA should be like the SteadyOnFX one. Just a plain wordpress site, with REAL RESULTS, no bullshit, no demo testing and no backtests based on hypothetical results from 1999. I can’t go back in time and use an EA from year 2012 in the year 1999 like the Megadroid guys are doing on their website.
- They have 2893 fan on their Facebook fan page.
That’s impossible, all of their posts are useless garbage spam (it’s their trades and some other marketing). Who would fan them and see thousand of those messages?? They used black hat techniques to get automated registrations from thousands of fake users to get a lot of “fans”. Just see the stats to understand what I mean! They get 1500 fan a week and most of them come from New Delhi…
- They have 2168 follower on Twitter. Here is also impossible, their tweet are 100% spam, who is gonna follow them??? Let’s make some example! @t51115381, @Zokimaster, @shaunhirst1, @Yeliane
registered on Twitter JUST FOR FOLLOW THEM (they never tweeted something!), and the others seem like they subscribed to an automated “mutual following” service to get an higher follower count and get a longer e-penis.
- The system creator is famous for his marketing campaigns, like his “magic” video course on oversold-overbought, that actually is an indicator that say when buy or sell. For just $10 I was tempted to buy it, then I realized this: if this indicator is that magical, why he didn’t make an EA out of it? Probably it’s not that magical, if it doesn’t make profits, the user will think that he made something wrong, instead of blaming the system.
- I read on donnaforex that the tech support doesn’t answer email.
- I read on donnaforex that people have open trades in loss from the 1st november (almost a month!)
- I read on donnaforex that someone lost the 30% of his capital (but they set the aggressivity/risk to the max).
- On donnaforex there are many people writing about the losing trades opened a month ago, but the seller doesn’t answer it. Instead, he wrote about the black friday sale!
- Then the main reason: the official myfxbook account
doesn’t have the negative trades that the customers are claiming on donnaforex, and does not trade since 16th november! (one week) It should trade everyday! They disconnected it intentionally, to hide the losses? The open trades are hidden, maybe it’s down hundreds of pips, but the graph shows only profits! In the forex world transparencyt and honesty of sellers is a must, how can I trust someone that hides bad results by showing only good ones?
After set a new record, the stock is going down (but its value it’s still high)
Instead, what happens in the opposite side of the match, on the RIM stock value, the BlackBerry makers?
- Trading on M1 and M5
- It can work with FXPRIMUS again
- Four months license for free for existing customers (63 euro value for IB version and 266 euro value for the Full version!)
- The new M5 logic works on most ECN brokers and doesn’t need very quick execution times!
I just installed it and I am eager to see the new trades!
I saw on DonnaForex forum a thread about a new EA: CypherFX.
|In my opinion, the graph is so “winning” because they set it at a very high risk|
Trades a basket of pairs, balancing losses with gains, it’s similar to the free nanningbob, with the difference that the latter is
It seems that it gets entry points from a remote server, making it impossible to backtest it (and to pirate it – unless they badly coded the authentication system), but for $147 looks very interesting, what do you think about it?
The account statement is also available on Myfxbook, by clicking on the graph below:
How it works:
And I saw a shocking one: the stop level on EUR/USD is 10 pips! Ridiculous! It means that it’s impossible to set a stop loss at less than 10 pips from the actual price. I could understand a value like that on an exotic pair used by few people, like the dollar/turkish lira, but on euro/dollar it’s totally unacceptable! Who has to make profit from my operations? Me, or the broker? The answer is obvious, and, in fact, in this post there aren’t screenshots: after seeing such a value, I immediately uninstalled their MetaTrader and closed the account! (Luckily for the month of November there are no fees for deposits and withdrawals made via Skrill!)