Tradency

Discussion in 'Forex' started by Humpy, Apr 20, 2011.

  1. Humpy

    Humpy

    Tradency.com

    Has anyone come across this lot before ?

    They have about 20 automated systems to choose from

    A screenshot is given below
     
  2. tim888

    tim888

    Black box?
     
  3. Humpy

    Humpy

    seems to be

    Perhaps more for a newbie or someone with little time to spare for trading
     
  4. i've found something even better at

    www.autosystemtrader.com

    sharpe 4.17

    who has the money to trade it?
    i won't get any feedback, since all elitetraders have below $10k to trade :D
     
  5. Humpy

    Humpy

    Certainly looks good but if I put 10k in, would I ever see it again ?


    This Site is provided by "Automated System Trader, LLC" (AST). Please be advised that AST is not a Registered broker, financial advisor, nor is registered in any way with any government regulator agency. AST makes this information, its products and services available through this website under the First Amendment of the Unites States Constitution. AST has made great effort to list all information to be very accurate. All data included in this website is considered HYPOTHETICAL.
     
  6. Forget tradency. Zulutrade is the way to go with 100% winning systems!

    What if a strategy will generate 2 losing trades in a row? How can you tell whether its a start of a series of 15 losses in a row? Nobody will survive 2 losing trades.

    You know, its bad to lose.
     
  7. who knows? you deposit money at a U.S. broker and maybe next day it will fly to Zimbabwe or Colombia?
     
  8. you can trade on Zulu using interactive brokers or dukascopy. lets hope the $10k will not go to africa or some nigerian voodoo master.
     
  9. Humpy

    Humpy

    Just looking on the web and I find this:-

    Written by Roy Lange from USA


    Zulutrade is a SCAM. I opened a $5000 cash account after tracking the top trader "LowestDD" who they claim has a 99 percent win rate and 12% drawdown. Here is the problem. He opened multiple positions on the same pair to kind of "double down" on any losing trade. He will risk hundreds and hundreds of pips just to take very small pip wins. Fact is that his drawdowns a MASSIVE.
    It is like a roulette wheel strategy where you keep doubling your bet until you win. AVOID THIS SITE UNTIL THEY CHANGE TO REAL CASH ACCOUNTS FOR THE PROVIDERS WHERE THEY SHOW THEIR REAL CASH RESULTS AND THEY MUST HAVE STOP LOSS RULES AND ALSO ONLY ONE LOT PER PAIR TRADED AT A TIME.
    There may be some good traders in Zulutrade, but good luck figuring out who they are!!! Their #1 guy did nothing but lose for me!




    Its very hard for the ordinary Joe to know
     
  10. Humpy

    Humpy

    I do have personal experience of Dukascopy. I played in their competition last month but now have been stopped, no login allowed !!

    Not a good advert imho
     
    #10     Apr 20, 2011