Thread: Forex Ambush 2.0

Likewise I received no response for my email with several important questions. Apparently customer service is not one of their forte. What the heck with no S/L? There's no guarantee that a 500 or greater drawdown cannot happen or even worse get margined out. Sure you can play with micro lots that will take forever to build up a meaningful sum at their meager 20 pip TP. So as others here said their so called 100% accuracy goes only so far and that's without any customer service.

Originally Posted by 4rexlady_de

Precisely: they do not have a SL...and therefore of course they can claim the 100% accuracy....but they do not talk about the DD you might have.

Urgh.... the "Steinitz Forex Gambit" (tm)

Yep....same story there....often robots have either a very large SL, so that it will wipe out most of your winnings, once hit...or they have no SL at all and therefore you will suffer a huge drawdown

Eventually you might close the trades anyway and have a huge loss....sure maybe once in 10 years the price will return
But by then the Swap will probably cost you another fortune, if you have a negative one....

So be aware !

4rexlady

Originally Posted by 4rexlady_de

Yep....same story there....often robots have either a very large SL, so that it will wipe out most of your winnings, once hit...or they have no SL at all and therefore you will suffer a huge drawdown

Eventually you might close the trades anyway and have a huge loss....sure maybe once in 10 years the price will return
But by then the Swap will probably cost you another fortune, if you have a negative one....

So be aware !

4rexlady

this might be correct for single pair trader, but if you trade 10 pairs and one pair have a large drawdown, your change to recover is 9:1 with the other pairs. also if you trade 10 pairs, "maybe" your best effort is 10:0 for winning trades to build big equity to cover a large drawdown once a day.

diversification is the magic!

my 2cents

IX

I would like to know of any knowledge or experiences any of you have had with Forex Ambush 2.0. As with all marketed systems there claims seem unrealistic so I am looking for real results.
Thanks
DM