Just curiouse: Does anyone ask refund afhter Bloody monday? - Page 2

limitup · #11 01-21-2009, 07:36 PM

I will not being asking for a refund. FAPT has very good code. If you people ever read my signature, then you would see past performance in never indicative of future results. The issue here is not FAPT...but fucking lying-ass brokers that flutter us with bullshit. There are high-end brokers that offer 3 pips...they just are not MT4 brokers. So, liquidity is not the issue...and certainly market conditions have not diminished liquidity. I can get awesome fills in futures everyday, so why would a 3 trillion dolllar forex market have liquidity problems

Think about it....even when futures had its problems back in the Refco days fills and spreads were not effected. Now with Lehman gone...this is every brokers excuse to charge us more and the inability of Market Makers to provide protection to it's customers. The liquidity has moved higher not lower. The NFA is going to close down many shops. After the smoke clears FAPT will be at full boost. Overseas brokers will feel the wrath. The people that work help desk at help desk are stooges working for min wage. They hardly have a clue. If they want to play games...someone will shut down their severs permanently.

Craig BC · #12 01-22-2009, 10:00 AM

Ok I'm up 10% for the month, so I'd say that was good, but the reality is that it is only one bad trade away from being -10%
And I have not been trading the last couple of days.
I may not trade the rest of the week.
I still think it can make money but it really has not prove itself yet.
But I really wish I would have asked for a refund from the autopilot because I purchased it 2 weeks before fapturbo came out.
And now I don't use it at all.
So if I add in the cost of autopilot and turbo, I'm still not at break even in 2 months.

toms_supra · #13 01-22-2009, 04:08 PM

Quote:

Originally Posted by Miksa

LOL!

first, don't trade holidays until Jan 5th. then don't trade til Feb. what's next? don't trade '09, wait for '10 and then FAPT will start working?

this is a nonsense. the system either works or not NOW. no need to wait until money back guarantee ends.

You're absolutely right about it working NOW. Everybody just needs to pay a bit of attention to what's going on.

Read the daily trading sentiment on the members forum to see what's recommended here:
http://www.fapturbo.com/forum/viewto...b0db7af4d40a78

Maybe then people will stop losing as much money. Notice how previous sentence is worded. It doesn't say "all" of their money.

limitup · #14 01-22-2009, 05:46 PM

Quote:

Originally Posted by Miksa

yes, this is not liquidity in general market. but how many liquidity providers (banks) each dealing center has (they are not really brokers who search for the best deal and get commissions, but dealers or market makers.)

if it has just one or two, then it won't be able to keep low spreads when volitility is high. and such DC will have either increase spreads or go out of business. no surprise they took option 1

...I totally agree Mike....but if they are really connected to the interbank system, then it should not be an issue. Banks do not provide all of the liquidity.. they provide maybe 50%. The rest of the forex market liquidity comes from multi lateral corps hedging in the forex market. It is not all high net worth bank traders. To assume the banks are causing a wider spread is fool hearty. The broker are clearly trading against low accounts....if as I stated before, your account trades less than 10 std lots...and that is 90% of the accounts, then the house wins (unless you have a ethical broker--good luck)) Traders that trade more than 10 standard lots usually will use a proprietary platform. Of course we can not discount the fact that the world economy is at a stand still. This in-itself would cause liquidity issues as corps are not doing business and there for are not hedging. Banks ARE NOT causing spread issues. It is either the broker greed, or multi-lateral corps. If Obama's policies do reflect a world stimulus, the a rebound in liquidity should occur...but, I am lean more towards broker greed.

limitup · #15 01-26-2009, 05:15 PM

Quote:

Originally Posted by Miksa

limitup, yes, this IF is the point. not all broker/dealers are really connected to interbank. and they don't have to to do the business and make money

some of them may just have 2-3 counterparties to clear trades with. hence no real liquidity if many traders use the same EA and make similar traders which leads to wide spreads.

Well, here is the problem. Real forex brokers don't have spread issues.

alan · #16 01-26-2009, 11:48 PM

You are correct. Although lately that is starting to change as many ECN brokers have pulled a rabbit out of their hat and somehow got MT4 to work in a non dealing desk environment.

Look around in the forum (brokers section) and you'll find mention of a few.

limitup · #17 01-28-2009, 07:17 PM

Quote:

Originally Posted by Miksa

that's right, because they have more liquidity providers (i doubt that broker/dealers may have access to Interbank unless they are banks.)

and i guess not many "real forex brokers" support MT4 platform (if any)

LOL---easy way to take advantage of the little guy. You watch, the NFA is going to crush some nuts.

maxtrader · #18 01-28-2009, 08:23 PM

Quote:

Originally Posted by Miksa

that's right, because they have more liquidity providers (i doubt that broker/dealers may have access to Interbank unless they are banks.)

and i guess not many "real forex brokers" support MT4 platform (if any)

Yes, some of them offers Metatrader, Varengold is a Bank and also offers Forex for trading with metatrader, they have interbank spreads but the problem is because they are for real, their spreads are huge during Asian session, as almost all interbanks and ecns Brokers.