{quote} Thanks for taking the time to reply, but you haven't really refuted the points I made. There's no point in my repeating them, so I'll simply move on.
Ignored
Enough explanations so far about "how" we handle the recovery service.
{quote} Sorry, but I'm not convinced. Institutional traders tend to hedge by buying put/call options and/or using correlated instruments. If you're "hedging" in the same instrument, then while hedged you're effectively paying spread and swap differential on two positions when you could be cost free by simply staying out of the market. Then when you close one side of the hedge, leaving yourself either net long or short, that's just the same as opening a long or short position. Hence this type of "hedging" is not a strategy, because (like I said in...
Ignored
Hello hanover,
QUOTE
Looks like you added this section after I had posted, but it doesn't alter what I said. Instead of hedging the buy trades, you could simply (fully or partially) close them, at the same time you would otherwise apply the hedge. I agree that getting the timing right -- whichever way you do it -- requires knowledge of market conditions. Now you need to convince potential buyers that you have that knowledge.
Simply saying that you do is not proof. At the end of the day, you can only be net long, short or flat at any given time, and the "hedging" doesn't add any value, you simply end up paying more spread and swap to your br0ker. If you're unable to understand this, then it won't help you to convince others that you have a good grasp of the mechanics of trading.
UNQUOTE
This part of your reply came in much later. Hence, delayed response.
The rules we use are simple:
1) We do not allow our robots touch the troublesome trades (initiated by client) which got account into troubles, until equity = balance for our robots to trigger end of service and automatic closure of all open positions.
2) Once hedging settings are done for the instrument to be hedged till recovery, our robots vigilantly monitor counter trading signals, with profit anchoring at 15 (or 30) Pips Trailing Stop, depending on the instrument in question. We never do any "manual" guess works as regards "when" to close a hedge trade; all calculations are done by robots. The higher the gap from troublesome trade(s) to current price, the more hedging trades our robots will trigger till account recovery.
{quote} Sample Hedging Recovery: If a client has wrongly opened a BUY 2.0 lots EURUSD trade which nows puts his/her account in danger, we set our robots to pursue hedging SELL trades ( timed mostly from M1) till account equity = balance. In this process, we will instruct our robots to either SELL equivalent 0.1 lots * 20 trades, or 0.01 lot * 200 trades at any point, depending on market conditions. Whenever a SELL trend is strong, our robots will hedge the account till full recovery.
Ignored
Outright fraud of an other snake oil seller..... if it would work, which is easy to see it doesn't, you wouldn't lurk around in retailer forum fishing for new victims.
Your trick will be to more or less hedge the full position but you won't net those. Then you bunker profits on the rollover costs each day to give your customers account a death by 1000 cuts. Risk free for you, a sure loss for your customer. In some cases you will have luck and are able to recover an account. These cases will be used to lure in additional victims.....and those accounts recovered will be anyway soon customers again, till their accounts are gone forever.
{quote} Outright fraud of an other snake oil seller..... if it would work, which is easy to see it doesn't, you wouldn't lurk around in retailer forum fishing for new victims. Your trick will be to more or less hedge the full position but you won't net those. Then you bunker profits on the rollover costs each day to give your customer account a death by 1000 cuts. Risk free for you, a sure loss for your customer. In some cases you will have luck and are able to recover an account. These cases will be used to lure in additional victims.....and those...
Ignored
We have zero tolerance for anyone who jumps into our post and sees only "fraud" and "scam" on this page.
We pursue a responsible, honest, and tediously tailored business. The robots we use are products of own intensive researches since 2008.
Anyone who is scammed by "Forex" each day (...and therefore sees only "scam" and "fraud" everywhere) should either painstakenly study our offer before making comments, or simply stay off our posts.
Is Drawdown Killing Your Forex Investment? Get Robotized Help!
