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  #1251 (permalink)  
Old 12-30-2007, 10:55 AM
aleccoh's Avatar
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Exclamation to Fsexy

Good day

My dear fsexy, if you were scalping, newstrading, trading or playing games on your demo account, We have no way of knowing since the demo server is running on its own and automaticaly resets accounts after a period of time.

We are in the process of implementing a server to let the demo accounts run for longer period of time.
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After Spending Years Looking ForThe "Perfect Broker"
We Decided That The Best Course of Action To Serve Our Clientelle Was To Open Our Own
A Broker That Trades For You Not Against You
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  #1252 (permalink)  
Old 12-30-2007, 12:55 PM
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Question 5min7pips and 200pips on you questions

Dear Mr Aleccoh,

2 questions please:

5min or 7 pips.
Does that mean that if the price moves 8 pips in 1 minute and I close the trade, it's not a scalp ? Or if I close at break even after 6 minutes it's also "no prob" for you ?

200 pips on you.
Where is the stop loss ? lets say you trade for me 3 months and win every month 200 pips and I pay you a performance fee of (lets assume) 40%. so that leaves me with 120 pips/ month. If in the 4th month a stop is hit at lets say 400 pips than I have my 3x120 pips eaten by the stop. My profit is gone but you still have 3x80 pips. So with this system the account managers have invented "Forex trading with the possibility to make profit, but the impossibility to lose"
For this reason the stop is very important in a system that is traded by a manager. I see on zulu systems with 99% winning trades that make no profit because once every 100 trades comes the big loser that eats all. So making me 200 pips is nice but not enough as a proof.

PS I like your bold attitude. In Belgium we say: "you call a cow a cow and not a milk producing farm animal"

Last edited by Pipperoni; 12-30-2007 at 01:02 PM.
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  #1253 (permalink)  
Old 12-30-2007, 02:56 PM
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Exclamation to pipperoni

Good Day

I of course use stop losses but DO NOT show them to the broker in order NOT to get stop hunted, thats all.
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aleccoh

After Spending Years Looking ForThe "Perfect Broker"
We Decided That The Best Course of Action To Serve Our Clientelle Was To Open Our Own
A Broker That Trades For You Not Against You
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  #1254 (permalink)  
Old 12-30-2007, 03:47 PM
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thats all ?

Quote:
Originally Posted by aleccoh View Post
Good Day

I of course use stop losses but DO NOT show them to the broker in order NOT to get stop hunted, thats all.
Mr Allecoh,

can you spend a bit more of your precious words on my 2 questions ?
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  #1255 (permalink)  
Old 12-30-2007, 07:44 PM
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lost a $ million on Aleecohfx demo !!

Good day aleccoh and happy new year

I was planning to open an account so I google Aleecohfx and I found this post on FF

"I lost a $ million on Aleecohfx demo last night. the reason unknown. just have a look. imagine it was a real account."

http://www.forexfactory.com/showthread.php?t=45848&page=2

Can you please explain how this happened when the lot size was only .1 lot
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  #1256 (permalink)  
Old 12-30-2007, 07:49 PM
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Questions

Hi Aleccoh,

I didn't get any answer to my e-mails. I just PM'ed you. Thanks for your answer.
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  #1257 (permalink)  
Old 12-30-2007, 11:44 PM
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Talking

Quote:
Originally Posted by FseXy View Post
Well allecoh deleted all my demo accounts that I open with them, they hate any scalping or scalp EA's or anything that opens orders then closes them even if they all make a loss.

Anyone who opens an account here needs their head testing.

They even deleted some demo accounts that did not trade with them and only two days old. The first time it happened I emailed and asked why (a few weeks ago) I was told to just open a new account. Why would I want to do this?
Umm I dunno how to tell you this.Your getting upset over nothing.If you have the Allecoh platform, you can just make another demo account under File/Open Account.
You can put George Bush 15 oilmonger drive Kabul Afghanistan, GeorgyBush@afghanistan.com and it will give you another account.
Oh and also if you have a problem with demo's being deleted, save your results in a detailed report everyday.
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  #1258 (permalink)  
Old 12-31-2007, 12:31 AM
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Quote:
Originally Posted by ICON View Post
Good day aleccoh and happy new year

I was planning to open an account so I google Aleecohfx and I found this post on FF

"I lost a $ million on Aleecohfx demo last night. the reason unknown. just have a look. imagine it was a real account."

http://www.forexfactory.com/showthread.php?t=45848&page=2

Can you please explain how this happened when the lot size was only .1 lot
Or you could be millionare hahaha

http://www.forex-tsd.com/attachments...-statement.htm
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  #1259 (permalink)  
Old 12-31-2007, 06:38 AM
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Quote:
Originally Posted by zomg View Post
LOL, took me awhile to catch it.

Guys, if you are expecting for AFX to be held liable for hunting down your demo accounts, you really are in the wrong business. I've never seen anything so ludicrous and I've seen a lot!

I still am not a client there, for the record. Aleccoh has again proven himself as a standup character, though, in these threads and issues.

best,
Scott
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  #1260 (permalink)  
Old 12-31-2007, 11:28 AM
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Exclamation Good Day All

to Icon

This sort of things happen since the Demo server is "DEMO" which means that my IT personnel don't bother looking at it until it saturates and is reset.
Losing more than your Balance is Impossible in real LIVE accounts and Spikes that occur are closely watched and compensated on the spot by a Team of IT managers and traders 24/5. We haven't had 1 problem with wrong fills or quotes since we started (99% of brokers do) because of the fact that the Trading team Uses AFX for its own trading and Customers receive the same treatment.

To Thrry

Please check your PM

To kjhfdg...etc...

Merry Christmas and happy new year.

to zomg

Absolutely

to scott TTM

Even though i agree with you on most of your posts, I would partially disagree here since i opened this thread in the first place to help NEWBIES who are experimenting with the Forex Market, and you are right, Questions are sometimes "awkward"
I would very much appreciate seeing all members of this thread helping NEWBIES and not LOL at them.
That said, I do appreciate your position on this matter and your freedom of speech is essential to me.
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aleccoh

After Spending Years Looking ForThe "Perfect Broker"
We Decided That The Best Course of Action To Serve Our Clientelle Was To Open Our Own
A Broker That Trades For You Not Against You
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