The SiamFX recovery room

This thread is intended to be a place for subscribers from the soon to be defunct SiamFX directional service - http://siamfx.net/

It is anticipated that SiamFX will close the forum soon to erase traces of their suicidal trading.

I would like to propose that we stick to the subject of recovering from the trades stacked up by Siam.

Some of us already lost their accounts, but they were using that signal with risk set too high.
For many others, tomorrow could be a Margin Call day, if news will be bad.

So, for those with about 25% equity left atm, anybody has some suggestions ?
Like close all trades and recover at least 25% before we will loose it all ?
Or do you think hedging will help here, in current situation ?

Is this not the way it always ends?

I'm seriously considering just closigng the whole lot now and then I will have about 30% of my account left. It's pitiful. I built it from 2k to 6k in 6 months. If I exit now, I end up with 1400. It's a bitter pill, but a lesson learned.

I have a sub with Smart Trader http://www.connectforex.com/signal/1081/signal.html - his swing subscription which has earned me steady money even before I stupidly started with Siam. I intend to keep this is as his money management is Spot On.

I would also sub to his Smart Scalper account. He has a track record and he responds to feedback. I am 100% happy with what he does. Here is Smart Scalper: http://www.connectforex.com/signal/1086/signal.html

Anyway - it's got to be better than watching Siam throw all our funds away IMHO.

That's my intended plan. I will make a final decision tonight.

If others want to let the thread know what their thoughts are, then please pipe up!

My opinion is that it's not worth hedging. We are too far down.

My decision - I'm taking a gamble. If by tomorrow afternoon price will be at the same level as today, more or less, I just wait.

But if price will drop further reducing my account to 20% or below, I'm closing all big trades opened up to few weeks ago, when they started martingalling...
And then I wait for tomorrows NZDUSD news, ready for some final hedge attempt eh...

There's a big move afoot, but unless it moves like 100 points, I am going to close tonight while I have some money available.

I've cut my losses, cancelled the sub. Time to move on.

So They removed forum from their website, account margin called, and now they just focus on RAZOR signal with TRADING PLAN tab instead of forums.
And even there, where they advertised MINIMAL Drawdown, their equity is at 35% atm. Minimal DD my ass.


SiamFX is a scam guys. It's 1 full of shit guy with Martingale EA charging you 300 a month so in case he will blow his 10k investment on signal account, he can restart easily coz ppl provide more than that in subscription money.

After their signal blowed up, I'm left with 24% equity, trying to survive manually now...

Forums not only removed but whole history on Bubbla is erased now.
On top of that my link to discussion on ForexSignals.com stopped working at the same time....
And they plan to launch their signal on cTrader cMirror platform later on this year.
Be warned ppl. If you will see great signal there, with almost none loosing trades - better stay away.

Yes - total scam - buyer beware. I only home that people doing some due diligence on SiamFX see this. If you have any doubts about what they offer - post here and we can relate the total failure of trading that occurred over 6 torturous weeks. Don't invest - don't give them/him/her/it your money.