Have heard good things about scion forex autotrader, has anyone tried it before?

August and September Trader(s) must have been and still on vacation.

I would be happy not to make any money with thisā€“just to get back what Iā€™ve lost and close it.

SFA was in profit for the month of August. They were in profit for the month of September. They are currently at around -73 pips for the month of October. So in less than 3 months they are still in profit at +403 pips. So how can this be described as ā€œdoing so poorly?ā€ :confused:

After reading the reviews about the SFA on FPA and their own website, you come away with one main themeā€¦ The SFA grows accounts ā€œslow and steadily over time,ā€ using safe money management.

You canā€™t judge an EA because it has a bad month. In fact, most serious Forex traders test a strategy out for several months if not longer before they come to a conclusion. But I understand folks are impatient and want to see immediate results. Iā€™m the same way, but I remind myself that patience is the key, just like they say on the SF website. :wink:

A lot of people are SAYING they are doing well; keep in mind 95% of traders lose their account, sooooā€¦somebodyā€™s lyinā€™ :55: No one will report to any of these forums something like: ā€œOh my God, I SUCK at trading! Iā€™m getting clobbered!ā€ Just sayingā€¦

My concern with this EA is the inconsistency with which we receive signalsā€¦and a little bit about the inconsistencies with results. I wasnā€™t with this EA before October so have to give them the benefit of the doubt; if the results for Aug and Sep are accurate, then they deserve that much.
Iā€™m going to wait and see.

Ohā€¦and no trades for a week? Same for everyone?

Am I allowed to do this here? Iā€™d be happy to, just donā€™t want to violate any forum rules.

Oh, I didnā€™t think of that. Hmmmmā€¦

I just went back and read the General Rules. Hereā€™s part of a quote:
ā€œHijacking threads is not allowed. Try not to change the topic or ask a new question in someone elseā€™s threadā€¦ā€

So, I guess thatā€™s that. Iā€™m going to delete my question to you.

As for trades this week, we had that loss on Monday (I think it was) for 30 pips plus or minus. I canā€™t look at my EA trading platform because it shuts down, even though Iā€™m using a VPS. But I received a notice from my broker (Tallinex).

Just the +2.9 pips minus broker commission, enough to afford me some bacon.

AUDUSD +13 pips! That ought be enough pips to buy some bacon for a month! :18: Just having a little fun here to lighten things up a bitā€¦ :wink:

I understand where Bacon & Mary are coming fromā€¦ with skepticismā€¦ and thereā€™s nothing wrong with that. In fact, itā€™s good to be skeptical. Iā€™m skeptical as well. After all, weā€™re talking about trading with real money here, unless your trading the EA on a demo account.

My suggestion is to just trade with a small balance of $100-$200 on a micro account/demo account with one of their recommended brokers. Put it on the back burner for 3 or 4 months while it is being tested and also look for other trading investment opportunities. Thatā€™s what Iā€™m doing. :slight_smile:

Good suggestion, bbatis. Hadnā€™t thought of staying in the game.

Thanks mary4xā€¦ :slight_smile:

Yeah, I took that train too. Glad to see SF back in action. If I look like a pig (pun intended) in a month, I know who to blame. :smiley:

Good call.

Neither did I (ICMarkets)

USDCAD sell for +2.6 today

I sent you a PM (I thinkā€¦I havenā€™t sent a message before, so hereā€™s hoping itā€™s in your inbox :slight_smile: )

The AUDUSD sell trade was executed at 5:06pm PST. Exited at 5:51pm PST.

0.8744 - 0.8731 = +13 pips.

USDCAD sell trade executed at 5:25am PST. Exited at 6:52am PST

1.1201 - 1.1203 = -2 pips.

Sorry for off topic, but how do you enable PM, my inbox said I do not have sufficient privileges?

I guess Babypips do not allow anyone connecting outside of this forum. So my point regarding PM is probably moot.

My read on that is that you canā€™t post your personal email address or personal IM address ON THE FORUM so that you are ā€œadvertisingā€ communication outside of the BabyPips system. Iā€™m sure that using your BabyPips account to IM within the Baby Pips system is ok, encouraged even, to not clog threads with unrelated information.

PM sentā€¦