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Author Topic: 35pips.com  (Read 11244 times)

Offline jgadefelth

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35pips.com
« on: April 30, 2011, 12:02:03 PM »
Anyone here test it ?  it is low cost, and they claim an 1000 pips average / mounth.    I find a thread on forexpeacearmy  on them but not to many have tryed them. Like to know if someone here have tryed them ?

best regards

Offline AttilaG

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Re: 35pips.com
« Reply #1 on: November 10, 2011, 10:22:56 AM »
Hi        Has anyone tested these guys?

Offline jgadefelth

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Re: 35pips.com
« Reply #2 on: November 10, 2011, 01:03:29 PM »
No but i have talked to them  they  promised me   to send result   several times nothing happened. There si also a thread on forexpeacearmy about them, they dont strike me as serious   unfortenatly.


best regards

Offline AttilaG

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Re: 35pips.com
« Reply #3 on: November 10, 2011, 01:37:36 PM »
Thanks for your answer  Jgadefelth. The funny thing is I make more money on my own than relying on these  Signal Providers. I have tried so many.                                                                                                                   

Offline jgadefelth

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Re: 35pips.com
« Reply #4 on: November 10, 2011, 10:19:56 PM »
Thanks for your answer  Jgadefelth. The funny thing is I make more money on my own than relying on these  Signal Providers. I have tried so many.                                                                                                                   

AtillaG  if you have a sound management and not mutch drawdowns   and a nice mounthly percent return maybe YOU   should thinking of starting a signal service.   :) 

best regards

Offline AttilaG

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Re: 35pips.com
« Reply #5 on: November 10, 2011, 11:17:00 PM »
Jgadefelth   I dont consider myself a good trader  and I wouldnt cheat anyone with signals. And by the time I become  profitable enough  whats the point  giving out signals for 100 bucks.

Offline pato1646

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Re: 35pips.com
« Reply #6 on: March 20, 2012, 06:59:06 PM »
35pips.com beware of them!!! they are SCAMERS!!
Then subscribe to their signals paying 100 dollars (VIA MONEYBOOKERS) for an annual subscription, I have not received any signal (only 4 in the first month and then no more), send an email asking for an explanation, because with four signals never reach the 1000 pips that promise I replied that it was a server error, that next year (2012) all work correctly, I'm still waiting...  :( , I asked them to give me money and never answered, are scams; GUARD oF THEM!.
I have screenshot of what I say
Would have to create a page on google that appears when you enter in the search 35pips.com to prevent the scam that is the page!. Ariel

Offline organon1973

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Re: 35pips.com
« Reply #7 on: January 19, 2013, 06:12:36 PM »
Has anyone tried this service recently?

Offline Pipstar

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Re: 35pips.com
« Reply #8 on: January 19, 2013, 11:31:32 PM »
"Ok, for those wondering if they should subscribe, you need to first decide what you want out of this. If you are looking for an auto-system to trade for you and build your account quick, this isn't it. The trade are few - they're good trades but not frequent. You might have 2 trades a day but you may not have trades everyday. Zulutrade for example runs tradecopying from algos (EAs) which earn based on number of trade entries, so you will see lots of trades open in a day. If you are looking for that, you might as well look into a 35pip.com-type signal provider. Lots of trades and overall very profitable. What you will get out of Vlad's membership is a mentoring/learning experience. The signals are the extra I would say. You learn how to trade and while you learn you get these signals that make you money."

The above paragraph is  from reply #100 on the signals thread on the Vladimir Ribakov's Forex Signals thread by Mosske.

Offline koverasfx

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Re: 35pips.com
« Reply #9 on: January 20, 2013, 12:51:14 AM »
I have tried them out, using the automated trade copier service. There are lots of trades (I had about 50-60 simultaneously opened trades once), and indeed the service seems to be overall profitable (I got 2000+ pips in the first month), however, there's always a catch, isn't there? The catch with them is that there can be a huge drawdown from time to time. I really only forward-tested it for about 1,5 months, and during this period the biggest experienced drawdown was actually 3956 pips. A bit too much, if you ask me.

I did this forward test on a real account but it was one of them cent accounts, lucky me. Mind you, after reaching the low watermark of -3956 pips it slowly reversed, and then I was able to close out all trades for a small profit (meanwhile I turned off the copier to prevent new trades from opening).

Overall, I don't think it's a bad service, and I wouldn't at all call it a scam. It also does live up to the promises, and probably generates a few thousand, or at least a thousand pips each month. How do I know that? Well, for once there are my own results for the period I've been running it live, and although I stopped the forward test a few months ago, I still keep receiving emails about opened/closed trades, and I found these to be genuine as when I was still running the copier I double checked the notification emails and my own results, and found no mismatches or false results.

The only real problem is the drawdown, which means that most ppl with an average account size will have to use really small lot sizes to be able to survive the periods of large drawdown. Like I said, the biggest one I experienced was around 4000 pips, but who knows, maybe a year long forward test would show that there are even bigger ones.

However, over the long term it can still be a valuable service to generate small, but steady income, and you get all of this for about $35 a year, which  I really don't think is too much for a signal service that actually works and does make profit...so if you have $35 to spare, I recommend that you try it out, maybe run it on a demo account or a cent one like myself, just remember to expect those big drawdowns if you actually fire it up on a live account risking real money.

One last word, their support seemed to be a bit choppy for me. Usually they replied in 24-48 hours which is fine, however they failed to answer some of my questions regarding some symbols the copier displayed on the chart, as well as to help me clear a few questions about some settings in the manual I didn't completely understand (the manual is quite ok by the way, I just had trouble understanding 2-3 of the dozens of settings). Overall they seemed to be friendly and helpful, but I've seen better in terms of support. Oh and when I contacted them about the big drawdown I had, they genuinely admitted that their system has such dds sometimes, which - the fact that they admitted it - is clearly a good sign.

Hope my review helps, c ya!
« Last Edit: January 20, 2013, 01:21:44 AM by koverasfx »

Offline koverasfx

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Re: 35pips.com
« Reply #10 on: January 20, 2013, 12:54:51 AM »
Oh, btw, I realise my post might seem suspicious as this was basically my first or second post on DonnaForex even though I was around browsing and reading for a few months. So I don't expect everybody to believe me, but hey, it's not like I'm trying to sell you something for hundreds or thousands of dollars...the worst case scenario is that you lose $35 (considering you're smart enough to take my advice and run it on demo or a really small account), but I guess most ppl will not be ready to stomach the floating -4000 pips anyway :P

Offline koverasfx

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Re: 35pips.com
« Reply #11 on: January 20, 2013, 08:04:05 PM »
In fact I decided to help you guys out a little more, and set up a forward test on a demo account. I need to contact the vendor to enable the copier for this account I just created, so it might take a day or two to get it running, but I'll get back to you as soon as I have a verified MyFXBook page, and so then after a few months everyone can decide what they think about the service.

Offline sayapann

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Re: 35pips.com
« Reply #12 on: January 21, 2013, 02:52:20 AM »
I have being tested 35pips a few days ago with a demo account. Profit is 127 pip and now open trades with -124 pip. If interested, i will post my result in future.
« Last Edit: January 21, 2013, 04:08:33 AM by sayapann »

Offline adele

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Re: 35pips.com
« Reply #13 on: January 21, 2013, 03:01:13 AM »
I just started this on a demo account. It is showing 'Data feed speed: VERY SLOW'. Is anyone else getting this?

Offline sayapann

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Re: 35pips.com
« Reply #14 on: January 21, 2013, 04:07:54 AM »
I used thinkforex demo and their vps. Shows datafeed "very good". may be ur vps, it causes so slow.

 

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