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  #1 (permalink)  
Old 10-31-2008, 04:54 AM
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Default Bull Trader Fx

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  #2 (permalink)  
Old 12-27-2008, 05:15 AM
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Default bull trader fx is not honest AT ALL!

I jointed Bull Trader about 25 days ago, allured by its high rating (5 stars) here. But it has not been up to my expectations:
1) alert service by email, which is not timely enough.
2) they said their alerts are mostly during two time periods, but sometimes they gave an email saying no trade, sometimes nothing at all, not even notifying you of "no trade".
3) 4 out of 5 signals were losers.
4) website always not up to date.

I am going to quit this month end.

These guys are totally dishonest with their perfomance history.

I was a subscriber for one month through August. When I joined they allowed you to see the 'live' IBFX statement that showed some early August trades up about 350pips.

Then for the rest of August they had 1 winner and a dozen losing trades for a total loss of 600-700 pips.

August was at a running loss of about -300 pips. At the time they stopped updating the website and showed August as being +350 pips even into early October. That is why I stopped subscribing, because it was abvious they were trying to hide losses from new customers.

I just went back to their website and lo and behold August was actually a 15 pips profit!!! Certainly wasn't when I was a subscriber.

Would you trade with a company that is willing to fabricate the performance page and remove their losing results?

Now to be fair to BTFX, their trading strategies may very well be profitable in the other months. And they did have many trades that went into slight profit but reversed.
But the way they run their business is just not honest.
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  #3 (permalink)  
Old 12-30-2008, 03:50 AM
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Default Bull Trader Fx running loss of about -300 pips

These guys are totally dishonest with their perfomance history.

I was a subscriber for one month through August. When I joined they allowed you to see the 'live' IBFX statement that showed some early August trades up about 350pips.

Then for the rest of August they had 1 winner and a dozen losing trades for a total loss of 600-700 pips.

August was at a running loss of about -300 pips. At the time they stopped updating the website and showed August as being +350 pips even into early October. That is why I stopped subscribing, because it was abvious they were trying to hide losses from new customers.

I just went back to their website and lo and behold August was actually a 15 pips profit!!! Certainly wasn't when I was a subscriber.

Would you trade with a company that is willing to fabricate the performance page and remove their losing results?

Now to be fair to BTFX, their trading strategies may very well be profitable in the other months. And they did have many trades that went into slight profit but reversed.
But the way they run their business is just not honest.
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