Can't take profits out of FX Open | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

A simple EA for those who dont use phisical stop loss' and take profits 5 replies

Advanced Stops and Take Profits. 5 replies

Take out profits or build account 7 replies

When to Take Profits? 13 replies

EA To Progressively Take Profits 2 replies

Attachments: Can't take profits out of FX Open
Exit Attachments

Can't take profits out of FX Open

  • #21
  • Oct 7, 2007 7:31am Oct 7, 2007 7:31am
1. & 2. it happened sometimes not all the times...
and from other point of view, it can be called latency arbitrage trading... means u get profit from price lagging (although you accidentally did it)

and about million dollar question... it is not my obligation to answer it...
  • #22
  • Oct 7, 2007 1:34pm Oct 7, 2007 1:34pm
Quoting MaXeY
they removed more than 23K of my profit !

someone told me u can call the police or so, but in forex trading you have no proves to show.

someone may says you have statements, but anyone can Re coded fake statements.

anyway guys watch out this broker.
Dear Maxey,
Once again, lag trading and spike trading softwares are forbidden to use in our broker the same as in other brokers. We are very sure that you have "black card" in several brokers already before using FXOpen. Try to understand, your account was closed not because you have made some profit, it was closed, because you was using forbidden software and technic again and again...
For examle, here is and adver for one of softwares which are forbidden:

"Tired of losing money because you're getting in too late? You cannot catch the spike and by the time you get in, it's over?
Finally, a software and service that allows you to get in before or early on in the spike...With The *******, you are in the driver seat. You control your destiny and you decide when to trade. We're open 24hrs because the world doesn't stop trading currency at 5:00.". Isn't this funny?..you can make millions without doing anything!

Spike- is a wrong quots happened due to apnormal market conditions. All positions executed during the spike are canceled ( profitable and lose positions).

If someone is interested in lag trading, I can add manuall how to do it. Be prepared, that your account will be closed in any broker you will try to use lag trading.

You said that your sistem gives 96% of profitable trades, I am not agree with you, your sistem should give 99.99% as it is based on internet delay and result is very well known ( worst result is stop loss +1 pip, it is like , it is like to play head or tale with the coin which has tales on both sides)
Try to be logic, with 96% of profitable trades and volume you was trading with us you should have around 50-60 million in 1 year...something tells me, that you do not have this money because you are banned in several brokers already.

Forex trading is not a computer game and money do not appear from the air.
  • #23
  • Oct 7, 2007 1:37pm Oct 7, 2007 1:37pm
Just want to inform that we are working to solve delay problem and will solve this problem during the week. Some of the brokers solve the problem by widing spreads up to 30-50 pips during the news...and no one calls this scam...
Anyway, we are not against clients, we found another solution, so news traders will be happy and FXopen will be happy as well.
  • #24
  • Oct 7, 2007 1:45pm Oct 7, 2007 1:45pm
Quoting FXOpen Admin
Just want to inform that we are working to solve delay problem and will solve this problem during the week. Some of the brokers solve the problem by widing spreads up to 30-50 pips during the news...and no one calls this scam...
Anyway, we are not against clients, we found another solution, so news traders will be happy and FXopen will be happy as well.
I have a question. If he had placed a trade well before a news time, say at least 15 minutes and he still was able to get that 96% accuracy, would that be cheating as you have described?
  • #25
  • Oct 7, 2007 2:17pm Oct 7, 2007 2:17pm
http://www.forexfactory.com/showthread.php?p=1629245 post #417, Maxey, did you receive your money?
  • #26
  • Edited 2:49pm Oct 7, 2007 2:22pm | Edited 2:49pm
Hello fxopen admin

LOOOOOOOOL, good that you're trying to catch a point to attack me

1world broker under Net capital so all withdraw to all clients disabled.

Firms Under $5 Million
All these smaller firms are reporting adjusted net capital below the $5 million mark as of the latest CFTC report. Some should be able to raise the necessary capital. Others clearly will not. Which ones can and cannot will be anybody's guess. Already one of these firms, One World Capital, is not allowing customers to withdraw money.

I never get banned from any broker before, and no broker remove my profits.

so dont claim things from the air.

Quoting FXOpen Admin
http://www.forexfactory.com/showthread.php?p=1629245 post #417, Maxey, did you receive your money?
Charting Markets into the Future...MǎҖ€¥.
  • #27
  • Oct 7, 2007 2:23pm Oct 7, 2007 2:23pm
i never get banned from any broker, no broker remove my trades ever.
so dont act like a cool

btw can you answer the million doller question ?

and the million doller quetions is:
why they deleted any complain in the forums as soon as they see it before other traders read it.

from 2 weeks ago i saw someone open thread at fxopen fourm says he asked for withdraw 110K and he got nothing
after 3 min the thread DELETED ! "there's many complain threads delete"

Quoting FXOpen Admin
http://www.forexfactory.com/showthread.php?p=1629245 post #417, Maxey, did you receive your money?
Charting Markets into the Future...MǎҖ€¥.
  • #28
  • Oct 7, 2007 2:27pm Oct 7, 2007 2:27pm
Quoting smjones
I have a question. If he had placed a trade well before a news time, say at least 15 minutes and he still was able to get that 96% accuracy, would that be cheating as you have described?
Principe of the lag trading is different.
I will try to explain in the simple way, the person trading lag should use:
1) Direct quots from the bank (it cost from 2000$ to 5000$ per month)
2) Autoclicker script ( there are many available or create own)
3) Account with "victim" broker
4) Script which will analize current price form the bank and quots on "victim" broker.

So, due to transporting delays which might happen between one provider to another (can be up to 2 seconds) "not good" traders have a chance make "trades". So, before big moves script is analizing quots from Bank and quots on the Broker...incase big move and delay happens script opens a positon (for example 30 lots with 10000$ balance and close it in several seconds with the profit offcourse). Very simple (unfortunatelly this kind of business is very well known in brokerage business, thats why brokers are pushed to use DELAYS and WIDEN spreads, to protect themselves.).
Indication of this kind of trading is simple:
-"trader' making profit only during the big moves or spikes
-"trader's volume of trades is several times bigger than available margin he/she has
-"trader's trades are very short (several seconds up to several minutes) and usually closed with +1 pip stop lose.
I guess this is an answer for your question.
  • #29
  • Oct 7, 2007 2:30pm Oct 7, 2007 2:30pm
Quoting MaXeY
i never get banned from any broker, no broker remove my trades ever.
so dont act like a cool

btw can you answer the million doller question ?

and the million doller quetions is:
why they deleted any complain in the forums as soon as they see it before other traders read it.

from 2 weeks ago i saw someone open thread at fxopen fourm says he asked for withdraw 110K and he got nothing
after 3 min the thread DELETED ! "there's many complain threads delete"
Many complain deleted and 90% are made by you.
Others are deleted as a spam.
  • #30
  • Oct 7, 2007 2:32pm Oct 7, 2007 2:32pm
Chances are MaXeY, you are going to get into troubles at any MT4 broker with your scripts etc.. Sure you could go to an ECN, but then you would neither get guaranteed fills, nor could you use your mql scripts with their platforms.

There are thousands of other traders at FXOpen, who trade in the normal way and are very happy with the service, myself included. I make a healthy profit so making money isn't the issue. It's the manner in which it is made.

All the best finding a new broker that accepts the way you play with the market.
  • #31
  • Oct 7, 2007 2:34pm Oct 7, 2007 2:34pm
90% are made by you !!!!! lol what are you saying !!! how funny

but Good answer to avoid the question

but some of this complain my friends have accounts with you and they was have problems and when they post fxopen deleted any post.



Quoting FXOpen Admin
Many complain deleted and 90% are made by you.
Others are deleted as a spam.
Charting Markets into the Future...MǎҖ€¥.
  • #32
  • Oct 7, 2007 2:39pm Oct 7, 2007 2:39pm
Hello jafar, nice to see you here

I have more than 9 live accounts, and they all pays me with no problem
just 1world didnt pay coz they under net capital.



Quoting jafar00
Chances are MaXeY, you are going to get into troubles at any MT4 broker with your scripts etc.. Sure you could go to an ECN, but then you would neither get guaranteed fills, nor could you use your mql scripts with their platforms.

There are thousands of other traders at FXOpen, who trade in the normal way and are very happy with the service, myself included. I make a healthy profit so making money isn't the issue. It's the manner in which it is made.

All the best finding a new broker that accepts the way you play with the market.
Charting Markets into the Future...MǎҖ€¥.
  • #33
  • Oct 7, 2007 2:44pm Oct 7, 2007 2:44pm
If i have this lag software that catch banks vs broker price lag i would be millionaire !

Quoting FXOpen Admin
Principe of the lag trading is different.
I will try to explain in the simple way, the person trading lag should use:
1) Direct quots from the bank (it cost from 2000$ to 5000$ per month)
2) Autoclicker script ( there are many available or create own)
3) Account with "victim" broker
4) Script which will analize current price form the bank and quots on "victim" broker.

So, due to transporting delays which might happen between one provider to another (can be up to 2 seconds) "not good" traders have a chance make "trades". So, before big moves script is analizing quots from Bank and quots on the Broker...incase big move and delay happens script opens a positon (for example 30 lots with 10000$ balance and close it in several seconds with the profit offcourse). Very simple (unfortunatelly this kind of business is very well known in brokerage business, thats why brokers are pushed to use DELAYS and WIDEN spreads, to protect themselves.).
Indication of this kind of trading is simple:
-"trader' making profit only during the big moves or spikes
-"trader's volume of trades is several times bigger than available margin he/she has
-"trader's trades are very short (several seconds up to several minutes) and usually closed with +1 pip stop lose.
I guess this is an answer for your question.
Charting Markets into the Future...MǎҖ€¥.
  • #34
  • Oct 7, 2007 2:47pm Oct 7, 2007 2:47pm
anyway i don't have time to waste with discussing with you.

and i think its good place to do advertising with your GREAT broker

Good luck.
Charting Markets into the Future...MǎҖ€¥.
  • #35
  • Oct 7, 2007 3:07pm Oct 7, 2007 3:07pm
Quoting smjones
I have a question. If he had placed a trade well before a news time, say at least 15 minutes and he still was able to get that 96% accuracy, would that be cheating as you have described?
It will not be a cheating.
I saw a lot of different methods of trading for 7 years already, for thousands of users, and I can say that I haven't seen news trader with 96% accuracy yet ( for 1 year atleast). I saw traders with 100% profitable trades, but they were position (long time) traders.
  • #36
  • Oct 7, 2007 3:08pm Oct 7, 2007 3:08pm
Quoting MaXeY
anyway i don't have time to waste with discussing with you.

and i think its good place to do advertising with your GREAT broker

Good luck.
Ok. Work is began. Wish you all the best Maxey, Good Bye.
  • #37
  • Oct 8, 2007 9:05am Oct 8, 2007 9:05am
Quoting FXOpen Admin
It will not be a cheating.
I saw a lot of different methods of trading for 7 years already, for thousands of users, and I can say that I haven't seen news trader with 96% accuracy yet ( for 1 year atleast). I saw traders with 100% profitable trades, but they were position (long time) traders.
It's not because you assume there is no news trader with 96% succes rate that there is none...
  • #38
  • Edited 1:53pm Oct 8, 2007 1:12pm | Edited 1:53pm
Quoting melpheos
It's not because you assume there is no news trader with 96% succes rate that there is none...
I am not saying that this kind of traders not exist at all, what I am trying to say, that I haven't seen trader of this kind which available to make 96% during 1 year atleast. And there is a difference if you enter 20% of the margin or you trade full size or double or even triple of the margin you have...We all do "all in" trades time to time, but lets be honest, can you believe that someone will do "all in" each time during the news with 96% of success? Once again, our decision was made under proven facts and consultances ( with other brokers also) and not becasue client was making profit.
In the begining of 90's Henry Markovitz got a Nobel award for his researches in the theory of "Risks and Chances" and result of his researches was a chart of profitable investement chance and there is no investement in the worl which can be better. The idea of research is that any investement which gives some average profit always have some risk. Higher profit is higher risk become...What I am trying to say, tha Forex gives oportunity to make huge profits 15-20% monthly for a years, but I do believe that incase of 200-300% profit monthly account can not survive longer than 2-3 months...(incase of maxey it is 1000%)

Anyway, we are solving delay problem right now and the problem will not appear anymore.

Have alot of pips guys!
Best regards, Manager.
  • #39
  • Oct 8, 2007 5:32pm Oct 8, 2007 5:32pm
if a broker slips your market order, thats one thing.... but trying to take back money after you have won? that is downright cheating, illegal, immoral, and a scam. sorry to hear about your troubles maxey. btw, i checked out their site, and you have to be pretty brave to deposit your money with such a company, what were you thinking!?!!

i have banned FX Open Admin because his posts are breaking the rules, so i think it is only fair that i close this thread. if you disagree, you have the power to reopen it.
Relax and be happy.
  • #40
  • Oct 10, 2007 3:51pm Oct 10, 2007 3:51pm
after seeing what a scam scum FX Open is (from other thread), i no longer feel the need to be fair with them. this thread is reopened!
Relax and be happy.
2 traders viewing now