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  #771 (permalink)  
Old 09-30-2007, 01:16 PM
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Exclamation to Electric Savant

Good Day

First, Let us talk about the managed accounts under aleccohFx

They are done by the aleccoh Trading Team that Succeeded in Providing this forum's member 11 000 pips in all accounts traded in 28 days.

You can see and compare if any EA on earth ever did it or if a Trading Team ever Dared to do this challenge in front of 78141 forum members as of today without ONE $ LOSS.

Of Course Draw downs exists and are our every day bread.

Sometimes unfortunately ,accounts holders loose patience or have weak nerves and ask to cut the DD short.

We always follow there rules because they overrule ours since they are the ones directly concerned and we respect their decision.

In a word, you can put the STOP and CLOSE all trades at your convenience before the account managing starts.


Concerning the anti money laundry matter, here is what we do.

aleccohFx is owned 100% by traders and the major shareholder is aleccoh Trading team .

The aleccoh trading team is a team of traders from all over the world but mainly from LEBANON.

We chose Transparency from the beginning and we are continuing this policy.

All transfers within Switzerland Go directly to our liquidity provider's main account under Sub accounts.

Every Sub account to be opened, needs appropriate papers from the account holder and goes through the OARG and the GSCGI Swiss government regulation offices before being accepted and allowed to send funds.

So , within Switzerland , it is settled.

NOW we have the matter of international clientèle.

ALL accounts opened under aleccohfx from abroad must pass by our Swiss regulator for confirmation AND ALL FUNDS coming from abroad (except Switzerland) MUST PASS BY OUR SWISS Bank's head office in Beirut Lebanon for acceptance of funds origin.

Every account holder have a dossier with LEBANESE banking authorities AND SWISS banking authorities too.

With Such a Double check regulation system, a money launderer must be REALLY lucky to pass through the double regulations NET.

Very soon , we will be opening aleccohfx USA regulated by NFA and CFTC.

The same double regulation NET will also be in place and in this case it will be : All US customers can send money within USA not passing by Lebanon

And all foreign customers will pass by LEBANON THEN USA for double checking.

I hope I've been clear enough and believe me , i trust my country's anti money laundry laws Much more then all country's AML Laws put together (no disrespect)

Please Read this as it is The soul of our System :

BLOM Bank : The Group : Anti-Money Laundering
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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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  #772 (permalink)  
Old 09-30-2007, 01:19 PM
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Forex is a worldwide business and regulation is different in each country and regulation is only good for this country. How can a financial service company or a fund management company be knowledgeable of each jurisdication´s different regulatory regime and keep up with who they can accept as clients and who they cannot. For some reason some traders think that the US regulatory agency is the benchmark regulatory agency of the world. Let´s face it, the NFA is basically a feel good smokescreen that will not help anyone if the broker goes bust. It would make much more sense if each trader would have to take full responsibility who he does business with and do his own due dilligence. But it is just the same as with trading....there is always something and someone else to blame. If someone is concerned about the security of his funds why not go to some other jurisdictions which have some investor protection insurance, something the good ole US has not been able to come up with..... and a lot easier than brainstorming about the NFA or other nonsense.
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  #773 (permalink)  
Old 09-30-2007, 03:01 PM
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If I were to have funds with you for the last two years and I did not interfere what Drawdown from my highest equity balance would I have seen.

Mr A. It will just be ridiculous for me to open an account just to close it later. What can I expect? Please understand that I am a conservative accredited investor requiring a definition of the max drawdown to be tolerated (lol..I speculate just a portion in Retail Spot FX...but I really have no business to invest there, my collegues tell me)

ES


a word, you can put the STOP and CLOSE all trades at your convenience before the account managing starts.

Last edited by ElectricSavant; 09-30-2007 at 03:04 PM.
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  #774 (permalink)  
Old 09-30-2007, 05:40 PM
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Exclamation to onlinefx and Electric Savant

Good Day

To onlineFx : You are absolutly right, From A to Z. Thats all i can say.

To Electric Savant : From 2 years till now, and with a 3.4% growth on your account per month with the compounding effect, the Maximum you would have had as drawdown is 18% of highest Equity level reached.

This info IS from our Books considering that you leave the profit there to compound.

If you withdraw profit every month, I can say without absolute certainty that you would have reached 23% Max DD. Again this info is NOT from our books but my personal judgement.


Those numbers are from the conservative strategy Book NOT the moderate one or the agressive one.

I would refuse to let you trade moderate or agressive before the first year

I hope the info helped you
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Good Day

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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  #775 (permalink)  
Old 09-30-2007, 05:59 PM
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hi

just confused about one thing:

I understand that you give the excange rates right throught the bank, no dealing desk interfering.

Then again you have a MT4 platform (on a demo account). I've heard that ECN brokers doesn't have MT4 platforms. Is this true or i have missed something. I am not very knowledgeable when it comes to brokers.

therefore i have a question to you too Electric Savant:

can you suggest a good broker ? (or tell us what are you using)

And one more question to Aleccoh:

How fast do i get my orders filled in a live account at aleccohfx ? thanks a lot.
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  #776 (permalink)  
Old 09-30-2007, 06:14 PM
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Not a problem, I have no need to gamble and prefer to stay conservative as I have done all of these years...look I am still standing, but I am not getting rich from trading....I like the slow and steady way.

Mr A. You now pose quite a problem for me. I have no excuse now. I will stop with my questions now in your thread. It is up tp me now to put my money where my mouth is.

Thank you for you intelligent and most excellent service to traders.

Just one more question: if I open up the managed account, would you allow me to share with the other tsd Forum guests a Journal to report your and your traders progress with my account? It cannot hurt...

ES


Quote:
Originally Posted by aleccoh View Post
Good Day

To onlineFx : You are absolutly right, From A to Z. Thats all i can say.

To Electric Savant : From 2 years till now, and with a 3.4% growth on your account per month with the compounding effect, the Maximum you would have had as drawdown is 18% of highest Equity level reached.

This info IS from our Books considering that you leave the profit there to compound.

If you withdraw profit every month, I can say without absolute certainty that you would have reached 23% Max DD. Again this info is NOT from our books but my personal judgement.


Those numbers are from the conservative strategy Book NOT the moderate one or the agressive one.

I would refuse to let you trade moderate or agressive before the first year

I hope the info helped you
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  #777 (permalink)  
Old 09-30-2007, 06:17 PM
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Sir... Mr A is quite a "Lebonese Gentleman" and I would never direspect him to offer advice for ANOTHER dealer in HIS thread. I generally do not recommend dealers in PM's either as my personal opinion is that they are thieves (I am qualified to make this statement as I used to be a broker).

I have accounts with:
  • PFG (overpriced/rated & selling the "sizzle"...your just better to go generic!)
  • IBFX (smoothing algorithms)
  • Oanda (hunting & shading/shadowing, variable spreads)
  • FXCM (out & out thieves)


I watch:
  • North Finance (unregulated for tax avoiders located in Cypress)
  • RFXT/Ikon (not sure, have to test them...they just merged..The Double-Play Ea recommends them)
  • MBTrading (commission...and don't let them fool you...they have a dealing desk to aggregate their mini trades)
  • Mann/Currenex (subset of Currenex groupings, I was approached for 25K to open, but generally you need more, if you expose correctly)
  • IB (limited pairs and liquidity)
  • FXSol (swap rates are destroyed)
  • CMS (a no-fee interest free dealer option, that only non-muslims dream about...I do not play this game..also I am a Christian)
  • Aleccoh

ES


Quote:
Originally Posted by lumesh View Post
just confused about one thing:

I understand that you give the excange rates right throught the bank, no dealing desk interfering.

Then again you have a MT4 platform (on a demo account). I've heard that ECN brokers doesn't have MT4 platforms. Is this true or i have missed something. I am not very knowledgeable when it comes to brokers.

therefore i have a question to you too Electric Savant:

can you suggest a good broker ? (or tell us what are you using)

And one more question to Aleccoh:

How fast do i get my orders filled in a live account at aleccohfx ? thanks a lot.

Last edited by ElectricSavant; 09-30-2007 at 06:47 PM.
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  #778 (permalink)  
Old 09-30-2007, 07:05 PM
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Exclamation to lumesh and Electric Savant

Good Day

To lumesh


I understand your reluctance since, indeed, i do not know any other broker at this time who offers full ECN feed on MT4 (excuse my ignorance if there is any)

Now Concerning Who we are and what we did , here goes :

We are first and Foremost Traders that have been abused like yourself (perhaps) by the misconduct of Brokers.

You can read earlier in my thread, My Anger toward a certain broker who was freezing the Servers for more then 40 minutes in order to not honor our Profits (you can also see live images)

This is why , as Head of aleccoh trading Team, I decided to open our own brokerage Firm , REGULATED BY THE STRICTEST LAWS and More importantly Offering to aleccoh Trading Team traders, and other traders, Access to Full ECN Feed through there Favorite platform MT4 By means of SOFTSYNC technologies who permits us to give you access to all the markets (Forex, CFD's, Comm, Stocks) on one and ONLY ONE FULL ECN PLATFORM.

it has its disadvantages though, Like for instance, you will find Spikes on some charts , that are purely graphical and don';t affect the trading but can ruin a EA back test.
These spikes are due to ECN feed interruption and the incapacity of SOFTSYNC TO INTERPOLATE THEM INTO ACCEPTABLE data.

Nevertheless, we can't get it all.

The speed of execution is ECN too and varies from immediate to 4 or 5 sec , since you are in a cue of orders to the liquidity provider.

To Electric Savant

Thank you sir for your nice posts and please do not be a stranger on this thread whether we do business together or we don't.
The publication of results are unfortunately forbidden by regulation and this will put our firm in jeopardy because it will be considered Unlawfull Solicitation But Nobody will stop you or others to post anything if you have (God Forbids) had a bad experience with us and since 1987, nobody did.

Thank you for your post and your understanding.
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Good Day

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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  #779 (permalink)  
Old 10-01-2007, 06:22 AM
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thanks

Question to Aleccoh:

How the hell can you STILL be so polite to answer every question for almost about 80 pages now ?

You are either an excellent and patient thief or....or an honest service provider (I say that because i started with HYIPs and have come together with some great thieves and therefore lost some money to them)

Do you still offer the 200pips per first week ? and what is the minimum account requirement and what is the risk management? thanks a lot.
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  #780 (permalink)  
Old 10-01-2007, 01:17 PM
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Exclamation to Lumesh

Good Day

I must Say that, Eventhough
- i offered 200 pips free of charge for every account traded on the challenge,
- Provided people with constant money income for more then 20 years,
- Opened aleccohFx Brokerage Firm To serve Fellow Traders and Deciding to make it True ECN getting only paid By the Rebates on Spreads and not by dealing against my customers

I still Have Sulfuric Insulting posts in the ratio of 1 to 40.

Imagine if i was a HYIP thief ???? What woud have happened ????

The 200 pips By week was an inter IB inter MM challenge and we won it for 2007 , we will redo it very soon i hope.

Once you open a live account with aleccohFx , the trading team will help you in your decisions For free because strategicaly and ethicaly, i'd rather have Winners as clients instead of loosers.
__________________
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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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