Forex Envy Auto trader do you use that? - Site Owners Forums

messi007 · 12-28-2013, 07:33 AM

I like to know how many of you use Forex Envy as an Auto Trader..

About Forex Envy I found this:

The lack of versatility present in most expert advisors is the prominent reason most forex systems fail. They are built to perform in one specific trading environment and as soon as the market shifts to a different state the strategy is “broken”, leading to a loss in capital.
This problem is compounded when forex developers and marketers exploit the difference between live demo trading and live real money trading conditions to provide “proof” a system is profitable. I cannot tell you how many times I have seen systems with stellar backtests and huge “demo live” capital gains, only to discover in live trading conditions when using real money their strategy only leads to losses. This is typical for all expert advisors that use quick entry, and quick exit scalping techniques.

Grace Hall · 12-30-2013, 09:36 PM

Thanks for sharing with us......

12-28-2013, 07:33 AM	#1
messi007 Registered User Join Date: Dec 2013 Posts: 11	Forex Envy Auto trader do you use that? I like to know how many of you use Forex Envy as an Auto Trader.. About Forex Envy I found this: The lack of versatility present in most expert advisors is the prominent reason most forex systems fail. They are built to perform in one specific trading environment and as soon as the market shifts to a different state the strategy is “broken”, leading to a loss in capital. This problem is compounded when forex developers and marketers exploit the difference between live demo trading and live real money trading conditions to provide “proof” a system is profitable. I cannot tell you how many times I have seen systems with stellar backtests and huge “demo live” capital gains, only to discover in live trading conditions when using real money their strategy only leads to losses. This is typical for all expert advisors that use quick entry, and quick exit scalping techniques. __________________ *To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.*

12-30-2013, 09:36 PM	#2
Grace Hall Registered User Join Date: Dec 2013 Posts: 937	Thanks for sharing with us...... __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. , To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. ,

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