Hi Igor,
It wasn't someone, it was me who was the only one who replied to your email.
So let us not be passive here and be ambiguous like you have had so many
replies to your exchange.
If the user decided to trade on the same account the EA was running on, it
is obvious that the results aren't worthy of reporting/tracking.So why
bother sharing it in the first place? Further, i would like to hear your
comments about the choice of brokers as brought up earlier but was ignored
in your reply.
Regards,
Seeni
On Sun, Aug 21, 2011 at 8:36 PM, igorastafiro <igorastafiro@yahoo.com>wrote:
> **
>
>
>
> Someone pointed out the discrepancy between our claim of a low draw down
> and the account:
>
>
> "ADMIRAL MARKETS ******AS $10,000.00 $2,533.13 -74.67%"
>
> which shows and almost 75% draw down.
> We would ask the member to pay close attention to the asterisk remark
> bellow this which explains that the account user, having access to the
> account on his side, decided to carry out additional trading on his own,
> thus collapsing the account and margin out. Our analysis of this account
> indicate had this account not been tampered with, it would have had a modest
> gain of 6.8% for the month. We therefore ask all parties who submit accounts
> to us to test our system, that they keep these accounts free of any
> interference other than following and confirming the results we post.
>
> Thank you,
>
> Igor
>
>
> --- In 4XONTARIO@yahoogroups.com, "igorastafiro" <igorastafiro@...> wrote:
> >
> >
> > When we made the statement, "summer is not the best time to test a system
> because of the volatility of the market", we did not anticipate such a
> combination of dramatic events. First, there was the issue of the US AAA
> debt rating cut for the first time in its history by the rating agency
> Standard & Poor's which instilled much apprehension for weeks in the
> markets. During this time we had central bank currency interventions by
> Swiss and Japanese central banks. Next, followed the downgrading of the US
> triple AAA rating and more recently talk of the Swiss contemplating the
> pegging of the CHF, a move they have not considered since 1973. All this
> bundled in a dramatic development of a possible recession in the heels of
> world economic slowdown tempered by sovereign debt issues in Europe provided
> for extremely unstable and very unpredictable market conditions. On our part
> we are not looking to make excuses; despite the historic market
> fluctuations, our system has not performed well. Having said that, we ask
> anyone who is serious about Forex to look closely what our system had
> managed to do in the past month:
> > 1- It has maintained a solid "safe" low drawdown.
> > 2- If you eliminated FxDD and IBFX broker, a number of accounts actually
> had small gains despite the unprecedented market turbulence we have
> described.
> > 3- Our system has generated AT LEAST five percent (5%) per month and more
> in the past ( over 70%/ year) and will do so as soon as there is some market
> stability.
> >
> > Our recommendation:
> > Continue with demo testing for an additional month. If you have used FxDD
> or IBFX we strongly recommend trying some other broker which has reasonable
> spreads: For instance, Forex Verified a staunch supporter of FxDD in the
> past, has decided to drop FxDD altogether because of their high pip spreads;
> our system works well with stable "reasonable" pip spreads during active
> markets. If you would like to continue demo trading with your existing
> account, please respond back with the word, CONTINUE. If you wish to begin a
> new with a different broker open a new account and send us the Broker's name
> (preferably Mt4 download link), the account number and account password. If
> you do not want to continue with us, please respond back with END TRIAL; we
> thank you for your participation.
> >
> >
> > BROKER INITIAL CURRENT %GAIN/LOSS
> > IBFX $50,000.00 $46,398.89 -7.20%
> > FX PRIMUS $10,000.00 $10,942.27 9.42%
> > ALPARI UK $5,000.00 $5,257.08 5.14%
> > FXDD $1,000.00 $972.57 -2.74%
> > FXDD $5,000.00 $4,475.97 -10.48%
> > SMART TRADER FX $10,000.00 $9,548.88 -4.51%
> > FXDD $5,000.00 $4,466.71 -10.67%
> > IBFX $10,000.00 $9,701.06 -2.99%
> > FXCM $10,000.00 $9,029.12 -9.71%
> > BEST DIRECT $25,000.00 $25,997.11 3.99%
> > IBFX $10,000.00 $9,072.63 -9.27%
> > ALPARI US $10,000.00 $8,236.25 -17.64%
> > ALPARI UK $5,000.00 $4,497.46 -10.05%
> > LUCROR PRO TRADER $100,000.00 $107,239.54 7.24%
> > FXDD $5,000.00 $5,046.55 0.93%
> > ITFX $10,000.00 $9,846.28 -1.54%
> > ATC BROKERS $50,000.00 $54,403.62 8.81%
> > ADMIRAL MARKETS ******AS $10,000.00 $2,533.13 -74.67%
> > ALPARI UK $1,000.00 $982.38 -1.76%
> >
> > ****** Decided to trade the account on his own,
> >
> > If you would like to participate in this demo testing, please send e-mail
> with all the particulars to:
> >
> > IgorAstafiero @ hushmail.com [e-mail has no spaces]
> >
> > Account #, account password, broker platform download link
> >
> >
> >
> >
> >
> >
> >
> > --- In 4XONTARIO@yahoogroups.com, "igorastafiro" <igorastafiro@> wrote:
> > >
> > > Thank you, Sezor.
> > >
> > > It is too early to give any reliable information on this week's
> trading; overal results were not favorable. What was revealing was that the
> broker one uses with our system, does make a difference. Eighteen accounts
> showed small losses while two accounts had small gains; these are accounts
> that were started at exactly the same time while others, which were started
> a few days later, cannot be reported on because of the small sampling of
> data.
> > >
> > > We have space for additional volunteers.
> > >
> > > Igor
> > >
> > > --- In 4XONTARIO@yahoogroups.com, Sezor <sezor@> wrote:
> > > >
> > > > Good day.
> > > > Thanks for the offer. And apologies for my lateness.
> > > >
> > > >
> > > > It would be interesting to have a few details on the ea ..
> > > >
> > > >
> > > >
> > > > igorastafiro wrote:
> > > > > Dear Members:
> > > > >
> > > > > To address some of the questions from some people who "might be
> just dropping by", let me reword what is being offered here so that there is
> no confusion.
> > > > >
> > > > > We (members of an independent group of testers who are also members
> of the 4xOntario Board) have come up with a trading system which we think
> has merit. We are asking for volunteers who will help us test our system on
> DEMO accounts. We will provide all the services in staging these tests at
> our cost for one month. The member is free to determine in future if he/she
> wishes to enter in into some form of business relationship outside the
> 4xOntario Group. If you wish to participate in this DEMO trial please
> provide the following by sending an email to:
> > > > >
> > > > > Igorastafiero @ hushmail.com [no space in address]
> > > > >
> > > > > 1- Open a DEMO account with any of the major brokers (FXCM, IBFX,
> FXDD, ALPARI etc.) using the MT4 platform.
> > > > > 2- Send us the Broker's name (preferably web link of the mt4
> platform you are using)
> > > > > 3- Your Mt4 platform demo account number
> > > > > 4- Your Mt4 platform demo account password
> > > > > Thank you ,
> > > > > Igor
> > >
> >
>
>
>
--
Take Care & God Bless,
Seeni J G
[Non-text portions of this message have been removed]
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