F.A.Q Section
In this section you will find answers to the most commonly asked questions either through emails we've received or people pointing us to Forums and what's been posted in them. The most common questions are in regards to Scams, and rightfully so as many have been burnt. We try and provide answers to hopefully everything you want answered.
Q: Are you a Scam?
A: No. As Proof read explanations below why we are NOT a scam.
1) If we were we wouldn't have placed Ads by Google and others, which require forms of identification to be provided, thus, these companies have our Identification, address, etc.
2) We wouldn't also have an affiliate program in place which we pay promptly every month, and earlier than what is mentioned in our terms. Usually within the 1st week of a new month. If we were a scam rest assured affiliates would've posted over the internet that we were in the event that we deceived them.
3) We challenge you to find a place where a client of ours has posted that they have lost money with our system. If they did you'd know about it. There's many Forums out there, look them over and see if you can find a post that someone has lost money!!!!
Q: Why have you placed Ads on your site then?
A: Firstly we refer you to the above question, it shows companies have our identifications. Also apart from Traders, we're also business people. They simply provide extra forms of income. If you have a look at people that have made money, it's through multiple streams of income.
Q: Why did you make this site?
A: We made this site for the reason that we got sick and tired of seeing all those scams out there ripping innocent people off, either by showing impressive gains of Backtesting results which can not be compared to Real Live market conditions or by Showing Charts with supposed setups where big profits were made which of course are charts AFTER the fact that anybody can claim as supposedly placing a trade at the start of a trend then taking profits after it peaks out. That's why we show a Real Money trading account results, where the actual funds have been deposited via Bank Wire. How many sites do you know that show Real Money Trading account results? Whilst this is more of a hobby to us as we make our living by trading, we do provide professional service and as mentioned we just got tired of seeing the scams out there.
Q: You keep on saying "we", who are you?
A: We are a group of friends that are traders which have been trading for years ( our experience trading, ranges between 7 years up to 16 years). There's 5 of us in total.
Q: In your Real Money Results, in a 3 month period, using $525 you made only $123.74 Profit, is it worth it?
A: The question isn't the amount made but the percentage gained. In that 3 month period that's a 23% gain. That's the minimum return. On our major account where we're trading $40k (For security reasons we dare not show that account on the net), we've made a 58.67% return where we are running 12 currency pairs twice, for a total of 24charts that the EA is running on utilizing the Foex Kiss Strategy and settings. If these returns are not good for you and you want larger returns, then this is not the place to be, we don't want your money we have plenty of it, and you can try elsewhere. Just think of the following, if Banks and Institutions were able to make larger returns, would they still be trading in the Billions? They'd have Trillions and more. Think with common sense. Majority of Professional Traders are happy to make 3% - 5% a month. That's why majority of people starting out in Forex end up losing money...Money that most of the time they can't afford to lose!!!!
Q: What's the minimum amount needed to trade all 12 currency pairs or 12x2currency pairs (24 charts in total)
A: The minimum required to trade the 12 pairs is $2000. In the case of taking advantage of the full potential of 24 charts (12x2 currency pairs), it's $4000. But this will fluctuate 2 more times as your account reaches specific levels.
Q: Looking at your source code of the results it seems you are using a DLM type EA, is it true?
A: If we wanted to we could've easily encrypted the pages so that no one could look at the Body text of the page or be able to steal the pages for their own use. We have everything out there in plain view for everyone to see.Yes we are using a DLM type EA, we never said that we were selling the EA, we are selling the Strategy with the settings and what parameters to set it at. The EA comes bundled with our Strategy as a gift. If you re-read our home page it's been stated there since the start.
Q: Do you provide us with the source code of the EA or a compiled version if we buy your product?
A: We provide you with a compiled version. Reason for this is that we did not develop it and acknowledgements have to go where they are due. If you want the source code it is mentioned in our Strategy where you can obtain it and the persons get acknowledged for their work as far as the EA is concerned.
Q: As this is a Martingale system, don't all Martingale systems eventually blow an account out?
A: It depends on the settings used. Our testing and simulations of data stretching back 3 years have not only shown our system to survive without blowing an account out, but, it's also made consistent profits with No Absolute Drawdown. Meaning the initial Capital used was never touched. Proof that our Strategy works can be found on our Performance section. Have a look at the period from end of February for a couple of weeks trading with the chaos that happened in China and hit the global markets where Hundreds of Billions of dollars were wiped out within hours. How many systems do you know that had survived that period??? Whilst in the meantime our biggest gains came during that period!!!!
Q: On your results pages you show losing trades, what are those then?
A: Those losing trades are all part of the system, as that's how Martingale systems work. No need to worry as those losses are already factored into the system. Here's an example of how it works if you are not familiar with Martingale systems:
1st trade is opened at say 1 lot. ---> Market goes against trade and 2nd trade is opened.
2nd trade opened at 2 lots size ---> Market goes against trade and a 3rd trade is opened
3rd trade opened at 4 lots size ---> Market goes against trade still so a 4th trade is opened.
4th trade opened at 8 lots size ---> At this stage we have a total of 15 lots all going in one direction. All of them have a take profit of 20pips. At this point the market goes in our favour. Lets say each pip is worth $1 to make things easy to understand.
The last trade which is 8 lots size makes a profit of $160 (8 Lots x 20pips). The 4 lots size trade will close out at break even. The 2 lots size trade will have a loss of $40 (2 x 20). The 1 Lot size trade will also have a loss of $40. Thus, our profit is $80. These results are if the system was made to open a new trade every 20pips the market went against our trades.
The deeper we get into the Martingale progression, the larger our profits will be when our Profit targets get hit with the retracement.
Q: I would like to purchase your system and I would also like to become an affiliate.
If I become an affiliate and purchase the product myself am I still eligible for the
$100 affiliate payment?
A: The answer is no.
Here is an extract from PayDotCom that handles our affiliate side of things:
QUOTE
Affiliates cannot purchase Marketplace products using their own affiliate links. In any instance where an affiliate purchases from his/her own affiliate link, commission will default to the vendor who owns the product. The PayDotCom script is designed to do this automatically, thus preventing affiliates from abusing the system.
UNQUOTE
We hope to have answered most of your questions &/or concerns. If you have any further queries dont hesitate to contact us. We strive to answer all emails within a 12hr period during weekdays (EST Timezone).
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