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4X-DAT

  • #321
  • Feb 6, 2015 4:24am Feb 6, 2015 4:24am
Quoting calstar
{quote} How is it that you say that the Brokers are screwing the retail trader. The swap rates are clearly posted and as such are verifiable from any forex dedicated site. For you to put brokers in a bad light is inexcusable. If there is a variance in deposit I have never had one. The rollover is similar to the overnight rate of the countries Central bank at that given time. If you don't know the answer to the question then I suggest you just say so instead of spewing more conspiracy theories. In addition can you be specific as to your broker that...
20 pips a day! Sounds like a holy grail to me!
  • #322
  • Feb 6, 2015 9:06am Feb 6, 2015 9:06am
Quoting darrenliux
{quote} 20 pips a day! Sounds like a holy grail to me!
Not sure what you mean by your quote. The principle is simple. 20 pips a day or 100 pips a week risking .20 per thousand allows a trader to lose 500 pips before blowing an account out. More if you reduce as you lose. If you compound the math works out. This is an aggressive MM style but does work. As for 20 pips being a "holy grail" a disciplined trader using a consistent system with sound MM should be able to find 20pips a day on average. This week for example USD/JPY had a total yield of 198 pips not counting the move this morning, as few would have been able to catch that and if they did it is in my humble view risky.
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  • #323
  • Feb 6, 2015 12:12pm Feb 6, 2015 12:12pm
Quoting calstar
{quote} Not sure what you mean by your quote. The principle is simple. 20 pips a day or 100 pips a week risking .20 per thousand allows a trader to lose 500 pips before blowing an account out. More if you reduce as you lose. If you compound the math works out. This is an aggressive MM style but does work. As for 20 pips being a "holy grail" a disciplined trader using a consistent system with sound MM should be able to find 20pips a day on average. This week for example USD/JPY had a total yield of 198 pips not counting the move this morning, as...
Sounds interesting!
When you say 'MM', what exactly is it?
The reason why we opt for a trading software is because 'a consistent system' is not easy to find and lack of time to watch the trade all the time.
  • #324
  • Feb 6, 2015 5:40pm Feb 6, 2015 5:40pm
My two Moderate Hybrid account stats as of COB 6 Feb 2015. No GCs this week:

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  • #325
  • Feb 6, 2015 7:44pm Feb 6, 2015 7:44pm
Hello Zoopots, did you have a monthly account with them?

If so, can you tell us how much does the system for you per month? i mean in average way of course to know if it covers the 297$/month with the montly basis account.

Thanks and regards.
  • #326
  • Feb 7, 2015 2:26am Feb 7, 2015 2:26am
That time of week again people here's my chart.
Did any one get a email warning about possible margin calls.
Zoo what do you think about this?
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  • #327
  • Feb 8, 2015 12:58pm Feb 8, 2015 12:58pm
Quoting Dyoser
Hello Zoopots, did you have a monthly account with them? If so, can you tell us how much does the system for you per month? i mean in average way of course to know if it covers the 297$/month with the montly basis account. Thanks and regards.
I own 5-year licenses, no monthly license fees. I have two Hybrid accounts that are returning 4%/month. If this return holds, then you would need an account balance of around $7500 to cover the monthly license fee of $297/month. That balance would leave little room for growth.
  • #328
  • Feb 8, 2015 1:17pm Feb 8, 2015 1:17pm
Quoting budwiser27
That time of week again people here's my chart. Did any one get a email warning about possible margin calls. Zoo what do you think about this? {image}
Some time ago our Gaga11 account (which had DAT9 loaded) received a margin call threat notice from FXCM (USA) via email. That continued for about a week. That account was opened with a balance of $6000. It currently has 81 Open Deals at a value of $8550 with $3200 needed to COD. Available cash is showing at $500. The tech department is monitoring the account.

Budwiser27, did you get a margin call alert on your account? That would really surprise me as it appears you have had consistent, steady growth in the account. What is the worst DD you have had over the life of the account from MyFxBook?
  • #329
  • Feb 8, 2015 1:42pm Feb 8, 2015 1:42pm
For those that were wondering about Strategy 9, the account that is showing now is not the same account that 4X-DAT had showing as 4X-DAT9 about three weeks ago. This is a complete different account, which was public for a while and then was replaced for some time and now it is public again.

Tesoro.
  • #330
  • Feb 8, 2015 4:04pm Feb 8, 2015 4:04pm
Quote
Budwiser27, did you get a margin call alert on your account? That would really surprise me as it appears you have had consistent, steady growth in the account. What is the worst DD you have had over the life of the account from MyFxBook?

No I got this email from the 4xdat people

New Margin Requirements May Impact Your Trading Account

What is margin? Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit. Many Forex brokers, including FXCM, have recently increased margin requirements globally on Forex instruments. This follows the recent volatility arising from the Swiss National Bank's move to stop reining in the value of the Franc against the Euro. Because of this, traders may experience margin calls as equity is applied to overall position sizes, potentially exceeding the minimum equity position permitted, given the new requirements. All 4X-DAT trading algorithms are based on mini-lot trading. The option for micro-lot trading is available for those interested in reducing their exposure to potential margin calls. Please note that switching to micro-lot trading in the middle of a trade sequence may adversely impact your current trading cycle. Traders will need to weigh the benefits and/or drawbacks of closing current positions to change contract sizes. Your Introducing Broker is available and ready to help you weigh your options.

For more information and advice, please contact your Introducing Broker, Anthony Oropeza at FX Global Services, Inc. at 718-360-4842 or by email
  • #331
  • Feb 8, 2015 9:04pm Feb 8, 2015 9:04pm
Quoting calstar
{quote} Not sure what you mean by your quote. The principle is simple. 20 pips a day or 100 pips a week risking .20 per thousand allows a trader to lose 500 pips before blowing an account out. More if you reduce as you lose. If you compound the math works out. This is an aggressive MM style but does work. As for 20 pips being a "holy grail" a disciplined trader using a consistent system with sound MM should be able to find 20pips a day on average. This week for example USD/JPY had a total yield of 198 pips not counting the move this morning, as...
I think MM stands for money management.
  • #332
  • Feb 8, 2015 9:14pm Feb 8, 2015 9:14pm
Quoting Tesoro
For those that were wondering about Strategy 9, the account that is showing now is not the same account that 4X-DAT had showing as 4X-DAT9 about three weeks ago. This is a complete different account, which was public for a while and then was replaced for some time and now it is public again. Tesoro.

Ok a bit confused. Is this software 10k, and why are some results not public? I am interested in the software however, I am becoming suspicious that some of the posters in the thread are really all the same person since they are all new and only posting in this thread.

Anthony are you located in the United States or is the company in the United states? I only ask because it would boost my confidence to know that you are. Nothing against other countries its just that to be an IB in the US you need to be registered with the CFTC and Finra are you in fact members? Can you post your license number and membership numbers? I could not find you or the company on the background check. Thank you in advance for your help in answering these questions.
  • #333
  • Feb 8, 2015 9:29pm Feb 8, 2015 9:29pm
No Need to answer my questions got all the answers I needed right here.
http://www.ripoffreport.com/r/4X-DAT-Global-Profit-Technologies-/CAREFREE-Arizona-85377/4X-DAT-Global-Profit-Technologies-Joseph-Nemeth-Hi-program-4X-DAT-is-SCAM-for-money-di-1096600.

Turns out you are no registered as a Introducing Broker either. For those that want more information this guy steals money thru white label scams !!!!! Twee you need to ban this thread.
  • #334
  • Feb 9, 2015 5:43am Feb 9, 2015 5:43am
Not so fast, jrviking.

Nemeth's work is valid and, even if it needs internal tweaks that I developed myself to make it work, it still think it is a very steady and useful piece of software. Use it or not this is your choice, but don't spread out bad rep on something that you do not know.

AF1 over/out
  • #335
  • Feb 9, 2015 7:15am Feb 9, 2015 7:15am
Quoting jrviking
No Need to answer my questions got all the answers I needed right here. http://www.ripoffreport.com/r/4X-DAT-Global-Profit-Technologies-/CAREFREE-Arizona-85377/4X-DAT-Global-Profit-Technologies-Joseph-Nemeth-Hi-program-4X-DAT-is-SCAM-for-money-di-1096600. Turns out you are no registered as a Introducing Broker either. For those that want more information...
don't be to quick to put it down. we have all seen that post when we were doing are investigating of the software. but we looked deeper and decided to go with joseph.
So far my account is growing steadily at about 4% a month so I have no complaints myself. But if you take the time to read the whole thread you will see not every one is happy, but it comes down to what strategy your dat is loaded with on how well its doing.
  • #336
  • Feb 9, 2015 7:43pm Feb 9, 2015 7:43pm
Quoting jrviking
{quote} Ok a bit confused. Is this software 10k, and why are some results not public? I am interested in the software however, I am becoming suspicious that some of the posters in the thread are really all the same person since they are all new and only posting in this thread. Anthony are you located in the United States or is the company in the United states? I only ask because it would boost my confidence to know that you are. Nothing against other countries its just that to be an IB in the US you need to be registered with the CFTC and Finra...
I didn't mean that they are hiding results. There was a sample account of Strategy 9 that grew from 200,000 to 400,000 in about 4 months so maybe they cash it out. Then another strategy 9 sample account was replacing it.

Tesoro
  • #337
  • Feb 14, 2015 1:05am Feb 14, 2015 1:05am
don't know what's happened this week but crap week
Think this was caused by the big spike down in the GBP/JPY then up on
Thursday feb 12th
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  • #338
  • Feb 14, 2015 2:31pm Feb 14, 2015 2:31pm
Quoting budwiser27
don't know what's happened this week but crap week Think this was caused by the big spike down in the GBP/JPY then up on Thursday feb 12th {image}
i think this week will be the best GBP/JPY will be increase..

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  • #339
  • Feb 15, 2015 7:16am Feb 15, 2015 7:16am
Quoting budwiser27
don't know what's happened this week but crap week Think this was caused by the big spike down in the GBP/JPY then up on Thursday feb 12th {image}
What strategy is you account running? Is there stop loss set on your harvester?
  • #340
  • Feb 15, 2015 7:42am Feb 15, 2015 7:42am
We are sharerhoiders of Glpt .As shareholders who gave our money to mr. Nemeth 7years ago on a 5 year
contract of limited forex partnership.
Nemeth guaranteed in the contras profit 200% -400%.
Now after 7years we have nor guaranteed profit nor our investments.
What happened to our money and why mr. Nemeth has no paid off any single finished forex partnership.
The shareholders feel Mr.Nemeth is limning similiar activity in the u.s.a.
Would you like to have the same fate like us-sharers from czech and Slovak republic and waiting years
for nothing?
Or to buy a programme 4x-DAT which was created to make a profit for us-limited partners?
What was its profit if he did not give us our original investment?
We have only our receips, contracts and certificates and nothing more is left in Czech and Slovak
republic!
For more info
https://www.facebook.com/pages/4x-dat/653837944648011
http://www.glpt.wz.cz/index-en.html
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