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Thread: Forex Ambush 2.0

  1. #11

    Default 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.

  2. #12

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    Quote Originally Posted by 4rexlady_de View Post
    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)

  3. #13
    Junior Member
    Join Date
    May 2009
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    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

  4. #14
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    Join Date
    Jan 2009
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    Austria
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    325

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    Quote Originally Posted by 4rexlady_de View Post
    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

  5. #15

    Default Forex Ambush 2.0

    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

  6. #16

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    Whats the big mystery? They trade with enormous Stop Loss and very tiny Take Profit so they take small profits in almost any trade. Clients are happy because they are winning - but even the smallest loss will wipe out their entire account.
    Traders Used This Secret Trading Strategy To Bank 1,246,962$ At 2009!

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