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Author Topic: 4xSureSmart.net  (Read 16530 times)

Offline jubal

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Re: 4xSureSmart.net
« Reply #15 on: April 19, 2011, 12:01:53 PM »
i think there are other free copiers available in the net (forexfactory, forex-TSD etc). but so far haven't tried any of them

Vendors have supplied me with another copier which seems to work ok. Missed a few trades though as I wanted to be around when it took first trade, just to be sure of lot sizing etc.  There have been a few winners though but also a few trades running in DD. Overall impression though is not too bad and will possibly take another month subscription at the end of the cheap trial, to give it a reasonable chance
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline adele

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Re: 4xSureSmart.net
« Reply #16 on: April 19, 2011, 05:24:07 PM »
haven't tried to receive signals via trade copier before. last time i tried a signal provider, they sent the signals via email which was read by an EA and converted to trades based on preferences which we can set in the EA.

for trade copier, can you set preferred lot size (e.g. through multiplier) or select currencies which you wish to trade (if not selected then don't copy signals for those currencies)?

their stats look good, but their floating drawdown is quite high  :(
« Last Edit: April 19, 2011, 05:43:23 PM by adele »

Offline jubal

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Re: 4xSureSmart.net
« Reply #17 on: April 19, 2011, 07:06:37 PM »
haven't tried to receive signals via trade copier before. last time i tried a signal provider, they sent the signals via email which was read by an EA and converted to trades based on preferences which we can set in the EA.

for trade copier, can you set preferred lot size (e.g. through multiplier) or select currencies which you wish to trade (if not selected then don't copy signals for those currencies)?

their stats look good, but their floating drawdown is quite high  :(

The free copier they sent me is a bit hard to understand with regards to lot sizing and I havent quite got it figured yet.  There are a few options for setting it up and i'm a bit baffled. I am trading it live so I wanted to run it at maybe 0.05 max per trade, but cant seem to get it to trade below 0.10. ( I am using it on Alpari micro so capable of using 0.01)

That aside it does place the trades very very close to the original trade, as it probably should as the 2 platforms sit side by side.

Drawdown does appear to be an issue and it appears they can run it quite high at times. although i've noticed that if they have maybe 4/5 trades open in DD they dont open new ones until some of them clear.  I have 3 open trade atm in about 7% DD so not overly worried yet.
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline jubal

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Re: 4xSureSmart.net
« Reply #18 on: April 21, 2011, 10:04:08 AM »
Starting to get a bit more worried. Still the same 3 trades open for me and DD is now around 16%. Vendors have 5 open trades in DD at around 35%  Caught up on the wrong side of EUR/JPY and AUD/USD
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline adele

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Re: 4xSureSmart.net
« Reply #19 on: April 22, 2011, 08:48:06 PM »
The floating drawdown seems to be getting bigger. Hope it reverses soon... this has turned out to be a risky provider.  :(
« Last Edit: April 22, 2011, 08:52:07 PM by adele »

Offline jubal

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Re: 4xSureSmart.net
« Reply #20 on: April 26, 2011, 11:56:01 AM »
The floating drawdown seems to be getting bigger. Hope it reverses soon... this has turned out to be a risky provider.  :(

Yes they have been caught out with these floating trades and there hasnt been an improvement since I last posted. I only have 3 of the trades whilst they have 5 open. But as I said at least they are not jumping in with more trades and potentially making the situation worse. They seem content to let these run and eventually pull back. Bit of a waiting game now i'm afraid
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline jubal

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Re: 4xSureSmart.net
« Reply #21 on: April 27, 2011, 08:41:03 PM »
Decided this mess had gone far enough. Vendors account with 5 open trades now at 50% drawdown. I closed my 3 open trades for a loss of $1100, about 32% loss for me. Couldnt keep watching EUR/JPY and AUD/USd keep going up.  So much for that $14.95 trial. I know it shouldnt have been on live but I wasnt planning to run it at the lot size the copier opened. Even things turn around and eventually they get out of this hole they have exposed themselves as major risk takers running with no stop. Take heed and stay clear of this
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline jubal

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Re: 4xSureSmart.net
« Reply #22 on: May 05, 2011, 08:35:25 PM »
Looks like these guys are getting out of jail.  They kept the 5 trades open since my last post and the big retracement over the last couple of days has helped recover their situation. currently 2 of the 5 trades are now in healthy profit with the other 3 getting there. If they closed all 5 trades now they would lose about 6%. Not bad for being in such a hole. If things keep going down they could well recover the lot.  Kicking myself for not having the bottle to stick with it but it was stomach churning. Wouldnt use them again live though as luck has played a major part in this revival. I do give them credit though as I said earlier for not adding fuel to the fire. They let the 5 trades ride it out
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline jubal

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Re: 4xSureSmart.net
« Reply #23 on: May 12, 2011, 10:29:56 AM »
Well, the turn around worked in their favor and they have closed all trades. They took a small loss on a couple of them but made good profit on others. So overall the 5 trades that had been lsoing around 50% of the account pulled back and made them a profit of about 10%.  I wish I could say it was good trading but more luck than anything else methinks. I couldnt take the heat and baled out early to my cost. They have made enough good calls though to make me think it could be a good service IF they ran with a hard stop. If I tried it again I would definately use maybe 100/150 just in case
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline Abuamira

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Re: 4xSureSmart.net
« Reply #24 on: June 15, 2011, 12:54:50 PM »
Hi guys,

actually came across this thread by accident while searching for other signal providers and wanted to share my experience with 4xsuresmart.

I joined 3rd week in may and have made, over 800 pips, so not bad really, considering i signed up for only $19 trial and have not even started my $50 bucks monthly billing yet.

I saw their drawdown on ForexVerified so I emailed them about it, they told me that they have changed some points on their entries, in order to have better trades.

For June so far, their drawdown has been 8%, so looks like whatever they changed seems to be working cause it made a difference.

they have responded to my questions, in a professional and clear manner and promptly.

From emailing their support (and yes, i emailed them a lot before signing up), they told me their targets were around 600 pips per month, and so far they have been able to maintain that for the past few months.

As of my posting now, their current pips for june is 720 pips, so i'm very happy with my profits.

I emailed them last weekend about another matter and they mentioned to me they are introducing a second trading account, by July.  The second account will also give monthly gains of around 600-800 pips, using another trading system.  The guys said that when they come out with this second account I would have access to it at no extra charge, so giving me possible monthly gains of over 1000 pips. 

so we'll cross our fingers and wait and see.

anyway for now, i'm happy and will continue with these guys.

i hope my two cents worth has helped anyone who found this info useful.

Abu.

Get other people to trade for you, less stressful that way..... LOL

Offline jgadefelth

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Re: 4xSureSmart.net
« Reply #25 on: June 15, 2011, 01:42:45 PM »
Hi guys,

actually came across this thread by accident while searching for other signal providers and wanted to share my experience with 4xsuresmart.

I joined 3rd week in may and have made, over 800 pips, so not bad really, considering i signed up for only $19 trial and have not even started my $50 bucks monthly billing yet.

I saw their drawdown on ForexVerified so I emailed them about it, they told me that they have changed some points on their entries, in order to have better trades.

For June so far, their drawdown has been 8%, so looks like whatever they changed seems to be working cause it made a difference.

they have responded to my questions, in a professional and clear manner and promptly.

From emailing their support (and yes, i emailed them a lot before signing up), they told me their targets were around 600 pips per month, and so far they have been able to maintain that for the past few months.

As of my posting now, their current pips for june is 720 pips, so i'm very happy with my profits.

I emailed them last weekend about another matter and they mentioned to me they are introducing a second trading account, by July.  The second account will also give monthly gains of around 600-800 pips, using another trading system.  The guys said that when they come out with this second account I would have access to it at no extra charge, so giving me possible monthly gains of over 1000 pips. 

so we'll cross our fingers and wait and see.

anyway for now, i'm happy and will continue with these guys.

i hope my two cents worth has helped anyone who found this info useful.

Abu.


Thanks for the info   my question is   how mutch gain is the posetive pips or how many pips are the drawdown of 8 procent ? 


best regards

Offline Abuamira

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Re: 4xSureSmart.net
« Reply #26 on: June 15, 2011, 02:00:49 PM »
ur welcome !

ok from watching the trades this month, sometimes they had up to 4 and 5 positions open and i remember the total floating reaching around over $300.  maybe as high as $350

i notice that they enter trades in all sessions, Asia, London and NY...

cause i live in asia, and work during the day, i can't always watch the charts, but this what i remember.

hope that helps.
maybe what u should do is look at their stats on forexverified and see if it answers ur question on the drawdown.
Get other people to trade for you, less stressful that way..... LOL

Offline jubal

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Re: 4xSureSmart.net
« Reply #27 on: June 15, 2011, 05:04:39 PM »
Not sure about this one. As per my posts above the DD got scary for a while although it worked out in their favor eventually.  They trade with no stop loss although you could place your own hard stop.  On the positive side they let my trial run a few weeks longer due to the fact there were fewer trades because of the 5 or 6 trades running in big DD.  I know everyone will have a bad run from time to time but going into 50% DD was too much for me
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline Abuamira

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Re: 4xSureSmart.net
« Reply #28 on: June 19, 2011, 04:42:22 AM »
I just received this email from the guys at 4xsureSMART.  I emailed them and asked them permission to re-post here and they said alright.

---------------------------
Dear Respected Clients and Friends,

We are very excited about the future of 4x SureSMART.  We have some great things happening NOW and MORE coming your way folks.  This email contains a lot of information, so we ask that you read thru its entirety.

This email refers to the following points:

1. June Trading Results
2. OverFlow trading account
3. Metatrader247 New VPS Account
4. Second Trading Account to go Live in July.


1. JUNE TRADING RESULTS:
As of June 15th, we have banked in 727 pips, with a max. drawdown of 8.30%.  So a hearty congratulations to our traders for a Job well done.

We have therefore reached our monthly target surpassing 600 pips and we will stop all trading activities on this account for the remainder of the month.

Now, the reason why we have chosen to do this is because we want to show monthly consistency on our trading account.  Our traders want to give you at least 600 pips, month after month after month.

Most signal providers, show months of high gains and months of low gains, but rarely do you see a provider with consistency across the board.  So we want to set new grounds and achieve this.

Now for the new clients who have recently subscribed, we have a very happy solution for you.



2. OVERFLOW TRADING ACCOUNT.

Since we've stopped all trading activity on our Main account, and since we have new clients that have recently joined us, we will continue trading but on a new account.  This will be our "Overflow"

account.  So as of Monday when the markets open, we will continue trading, but only on the overflow account.  Therefore allowing you to make some profits as well.

For our current clients, we will also grant you access to the Overflow account.  You have the choice, you may take the profits that you've already earned and call it quits for the remainder of

the month, or you may continue to copy the trades and/or risk potential gains or losses.  Something that we do suggest is that if you wish to copy the trades, reduce your current trading lot size by half.

So if you currently trade at 0.10 lots then set to 0.05, or if you trade at 0.05, set to 0.02 or 0.03, etc., therefore reducing some of the risks.  So either way, the decision to take the trades for the next two weeks,

is totally up to you.  For Metatrader247.com clients, you will need to contact their support for them to setup your trading account for the Overflow account.  As it will not be done automatically, only thru request.

We will send out another email to all subscribers, with the Login ID and Password of the Overflow Account.



3. METATRADER247.COM NEW VPS ACCOUNT

Metatrader247.com is going to be offering a new single-account option for their automatic execution service. This means if you're using any signal provider that supports the Metatrader247.com

technology, you can get those signals automatically executed in your trading account for only $22.90 per month.

They are still offering the full private VPS service with up to 8 accounts for $79.90 per month, but this new option will be great for people who only need automatic execution in one account!

http://www.metatrader247.com/solutions.html

Here are the main features of the new MT247 single-account option:

    AutoSignals Automatic Execution on 1 account.

    Your platform is hosted on MT247 servers: no worries about personal computer or internet problems.

   MT247 Support staff perform the full installation and setup. No technical skills needed.

   Web-based control panel to adjust risk settings and to enable or disable trading, anytime you want to.

The new single-account option should be available by July 1st.



4. SECOND TRADING ACCOUNT

This is probably the most exciting part of this email.  We will be launching a Second Trading Account, our tentative launch date is 1st or possibly 2nd week in July, after US Independence Day.

This account will be traded by another one of our Team members, using Pivots as entry and exits points.

The system will be more aggressive than our first trading account, as in the second, we may have anywhere from 5-9 positions opened, so floating will be expected.

Our target for this account could be as low as 600 pips and as high as 1000 pips per month. Top that with our first account (approximate monthly gains of 600pips) and you've got some serious profits.

For current clients, we will grant access to this new account, while allowing them to maintain the same monthly fees, for as long as they stay subscribed.  So in other words, you will have access to both accounts for the same monthly price.

BUT once we have at least 2 months running track with this second account we do have intention by August to raise our fees to around $150-$180 per month, with access to both accounts.  BUT this new fee increase WILL ONLY APPLY to new subscribers coming in.  Existing subscribing will maintain their same monthly fees.  This will not change, as long as their subscription is current.

We have attached a trading statement from the past two weeks.  The account has already gained almost 800 pips, with open positions floating.

We will email you on a weekly basis, the trading progress of this account.  And once we've launched the account in July we will email you the login ID and Password for the account.



So folks, there are great things coming your way with 4x SureSMART and again we Thank You ALL for your support.


Please let us know if you have any further questions.

BEST regards,
your 4x SureSMART Team.

Account stats (As of June 15th), taken from www.ForexVerified.com

Running TIme: 125 Days with 116.66% gain of account.
Total Pips: 3163 pips
Total Winning Positions: 187
Total Losing Positions: 24
Winning Percentage: 89%

Subscribe Today: www.4xsuresmart.net
Get other people to trade for you, less stressful that way..... LOL

Offline Abuamira

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Re: 4xSureSmart.net
« Reply #29 on: June 19, 2011, 04:46:54 AM »
Here is the trading system results attachment, that they send.
Get other people to trade for you, less stressful that way..... LOL

 

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