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Reuters Trading for Foreign Exchange (RTFX)

  • Post #1
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  • First Post: Jun 23, 2008 7:30am Jun 23, 2008 7:30am
  •  li0uid
  • | Joined Mar 2008 | Status: Member | 84 Posts
Hello,

do you know about them or had any experience with it?

I´am acctualy looking for a more professional solution
dealing on forex instead of using lame mt4 EA´s
mostly sold for a $99 bucks running quite well on hypotetical
backtesting and will suck off if you willing to trade them
profitable over long-term live on the market.

This is also a question on how to find a good profitable
trading system that will make continious what it promises.

It should be a fully EA generating a profitable return of investement
long-term and not burn your depot after a few months.

Something with global 24hrs risk management modules and all the good things a professional system should have.

I don´t mean all this Google adsense scam shit f#ck from lulli´s uploading 12 video´s a day on YouTube to show how great the system works and if you bought it you getting burned sooner or later with it.

Have a look at:

http://about.reuters.com/productinfo/treasury/
  • Post #2
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  • Jun 23, 2008 9:32pm Jun 23, 2008 9:32pm
  •  The Fxorce
  • Joined Feb 2007 | Status: AKA Gatersaw | 386 Posts
I sense some hostility. EA's are not all lame. Get a solid system and code it. There are many profitable EA's out there but people are afraid of giving them up. I would not be afraid of giving up my EA's but I would want to be appropriately compensated.
Regarding brokers; Reuters price matching is massive, and not neccessary to be profitable in FX.
It really is that easy.
 
 
  • Post #3
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  • Last Post: Jun 24, 2008 4:25am Jun 24, 2008 4:25am
  •  li0uid
  • | Joined Mar 2008 | Status: Member | 84 Posts
ok i would like to get a good EA to give it a chance but i always hear that mostly they are not profitable long-term specially the commercial ones you can find on Mr. Google.


"There are many profitable EA's out there"

So would you be able to reveal them to me? I´ve tested a lot with every possible variable change you could do in these EA´s and backtested but they mostly all burn your account sooner or later.

Maybe it´s a better way to have a good strategy and develop my own EA, i am always reading price action is the way to go and not to have to much indicators and keep it simple. But for some good EA you have to know more than this :-)

I am looking for something that will do a good job long-term with low risk instead of big roi and stressful looking at the chart the hole day to make a few pips with scalping or so.
 
 
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