Auto FX Millionaire

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Comments

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I personally have been increasing my lot by 0.1 for every $1000 my account increases. This is not advisable money management by most accounts but I have a really good feeling about this ea so my account is up to $10K and I am trading 1.0 lots.

Ooh! NO SERVER!!!

Hi all,
anybody knows why there are so much trades without SL or high SL, whilst the examples on AFM-website show all trades with SL and mostly not so high as on the trades which the system sends?

Their server is down again! If the software owner is here he should tell us why we always have this during NY session. Its very scary

I now had to close the 3 eurjpy trades manually for small profits at 9:00am cst

Hi all,
Is anyone trading AFM tomorrow (non-farm payroll day)?

Dekade
I think they are using fake st and tp to avoid triggering by the brokers…so they are hiding the actual st and tp….anyway that is what i am thinking.

Hello Tira

According to support the 500 SL has purposes. First it acts as a catastrophic SL in case of anything unforseen happening. Secondly it is to prevent the brokers from running the stops which is a favourite past time of brokers

Many thanx to everyone, this forum has cleared up all the doubts that AutoFX support failed to do.

I got in to this system on 21-Aug, and initially was not trading for two days. I thought I was cheated or somthing, I got response the first emails, but tens of emails later without response.

No doubt, the system is making profit, but whats worring is the support is totally low.. I wonder how AutoFx can successfully run their business with this attitude. We all paid and will continue to pay for at least good service.

I hope this message can reach them.

hey all im running the basic version and today picked the euro jpy trades so not sure what currency pairs the platinum uses but so far its plenty for me..

hello everyone i tried ther contact phone number 01616299860
it goes to a test call. Doesnt go to England. I have had fair contact luck buy using the ticket system in the plimus receipt page to contact vendor. Tehy asked me to close the ticket when they answered my question but i had anothe folloup question and just kept the tickt open. seem to work once anyway.. Hope this thing works for us all I have high hhopes. Has anyone fond a great way to stop trades coming in and still manage trades goin on ok???i would like to here what your doing thanks. Bye for now Robert Horner

Sandra,
How’s the EURJPY looking for a reversal, 4 trades open at the moment, drawdown at around 10%.

I am now very scared, woke up this morning and open trades on my $10K account are presently down -3,274.0. Damn, I hope this comes back but I can tell you it is certainly very concerning. I am presently trading 1.0 lots and the ea is running 5 loss positions. -1209.45, -649.95, -455.88, -428.00, -451.94.

I am not sure if I should switch it off and count my losses or if I should let it run in the hope it comes back to profit as it has done in the past. This is very unnerving.

look guys, we all want to find the system that will make a million, I have been trading for 6 years and am still looking! but i am not sure if this is it. the master trades might well make a million but the trades we get are not keeping up. if they can sort out the server problem so as WE GET THE SAME TRADES AS THE MASTER THEN GREAT!! If not its a load of marketing hype. as any new mwember only sees the master trades which look fantastic and no doubt will show huge profit, but our accounts will be crap

hi kmtopgun, i was trading 1.0 lot on my 10k live account and lost £1000 on day one because i closed out. Now i am trading 0.1 lot and i am not happy, see my comment above.

The problem is I do not want to close the positions manually because in the past I have seen it go into negative for a while then it has always turned aroung and closed on a profit. Unfortunately with 140 pip loss the day before, I am now concerned it will do the same so I am in a dilema as to shut positions or let them run in the hope the ea will recover.

-$3,500 draw down is 35% of my account, seriously scary.

It looks like EURJPY and EURUSD are starting to reverse

Hey KMTOPGUN don’t sweat it its only money

LOL, yep only money but I want to make it, not lose it….

I had moved all new trades to .01 micro yesterday.

Inherint problems with trade copiers

lost connection with master server
lost connection with broker
signal lost or delayed
slippage because of time delay
lost power or vps down

All these things can and will make you crazy using a trade copier. I have 7 open and 3 pending as we speak.

Leo trader Pro tried it..nothing but problems

I will give em another week to clean up their act. This master sever down crap has to stop.

The only way a trade copier will work is if your account is attached using same broker ( as in a hub type )

That is the only fix but AFM will not go that route.

Hi all,

Do not worry. If you use proper money management you will not be afraid.
I just monitor my account every morning. No need to close it manually.
@ KMTOPGUN you can use a lot size of 0.1 or 0.3. No need to put a lot too high. You only need to increase the size of the lot when you really feel the AFM is suitable for you.
If you’re afraid to lose do not get involved in forex.
So far I feel that AFM is a good system. You just need to be patient.

ps,
Remember, the market will not be the same every day. Sometimes it is quicker to profit, sometimes it takes time spend a day.

Good luck all
‘Trust yourself’

Thanks for the feedback Shahrul. I am not afraid to lose, I just do not like losing. Well reversal is starting to happen, my open positions have gone from -$3,500 to -$2,500…..go baby go, do us proud.

Hi all,

Updated 01/09/2011

Win 70.6 pips
Still Running trades, EURUSD (2) and EURJPY (4)

Good luck all
‘Trust yourself’

My trades are up to -$4100.00 which is 41% of my trading capital. At -$5,00 I will not wait longer, I will pull the plug and close my trades manually.

I have stopped Auto FX Millionaire and closed all my positions. It has taken me into a $5400 real money loss position.

What an absolute crying shame. I really did have high hopes for this ea.

Damn this is frustrating and infuriating…….

Wow that’s a great way to lose $1000 – just been stopped out of all the trades on EURJPY and EURUSD. Your lucky you got out KMTOPGUN

mmmm…thz z 2 bad…now t z taking all what t has made…

What a discgrace this EA is….On their live statement on the sales page I never saw a trade that lost more than few hundred pips any given time…what we see now is 5 trades opened for the same pair at the same time and kept going in the wrong direction…eating up all the equity and they dont even bother to close them..I dont mind taking loss as long as it is well managed.but this EA is a mayhem.
I am done with this EA (even if all the trades come back to the right direction)…coz in the long run it will definitely wipe up the account.
*ANOTHER EA IN THE RECYCLE BIN.WE HAVE BEEN SCAMMED ONCE AGAIN.WE WILL NEVER LEARN.THATS FOREX …I GUESS.

Just cancelled all the subscription for autofxmillionaire…
Thanks everyone for sharing their experience..good luck to you all…hopefully it will turn out good for you guys.

I have now closed all my purchased robots and have loaded my own robot which I had built 3 days ago based on 2 Stochastic indicators on 1 Min Chart. The robot cost me $175.00 to have built and over the past 3 days I have been tweeking the settings. It has made me $6200 on demo account in 1 day so I have now placed my own ea on my live account to make up the $5K Auto FX Millionair lost in 1 day.

Fingers crossed guys, I will keep you posted. I have uploaded my Dual Stoch Robot 1 hour ago and already it has recovered $480.00 of my losses so here is hoping I am onto something good.

Wish me luck.

TopGun,
Rent your Robot to me :)

TopGun, goodluck with discovery, please keep us posted about the performance.

Another 1/2 hour has passed and I have recovered $811.00 of my AFM losses. This is starting to make me happy again. I have set my TP at 20 and my SL at 15 so even if my EA is totally wrong, it does not over expose me by much so at least I can now sleep without worrying that my account is going to be wiped out.

In the past 1 and 1/2 hours my ea has done 26 trades with 6 losses and a net profir of $811 plus I have 4 active trades all in profit position.

So far so good.

Good Luck KMTOPGUN, Who developed your EA I need one done in the worse way

2 hours trading my ea now and I am up $1,104.09.

Go baby, go…….

I think I may have to start a new blog post based on the performance of my ea because it is no longer relevant to Auto FX Millionaire that has shattered my dreams. I am now going to create my own future and not be reliant on robots I have no control over.

If my EA is successful long term, I will share it with you all…obviously at a price…LOL

If Forex Machines adjudicator is reading this post, let me know if I nead to start a separate post based on the performance of my EA.

If this does not work, my wife has threatened me that I have to stop trading so my future, my life now depends on me and me alone……

Guys, please read the rules that are just above the comment box, especially this one:

Don’t post your contact details – they will be edited out or post removed. If you wish to be contacted by others use the “URI” field.

@KMTOPGUN, you can submit it here http://www.forexmachines.com/submit-forex-software-or-course/

Sorry admin, this is a great site and I do not want to upset the apple cart.

I hope I have done this right? I do not have a url but I would love to have a separate blog on your site to keep everyone updated on the performance of my ea.

I can also post a snap shot of all the robots I have tried since I started forex trading on 26/06/2011. The snapshot includes my own manual trades which I can say are disasterous because I am too emotional but more importantly because I am a gambler and the 2 certainly are a recipe for disaster in FOREX.

Hello Topgun i dont mind having your ea please will like to have a talk with u incase i can get it or u send me ur email too. I had been following this thread of Fx auto millionaire ea but i dont trust it that much. Thank you.

Hi Henry, yes, Auto FX Millionair has shattered my dreams and I was so hoping it was going to be the holy grail. Oh well, back to trials and tribulations. I will keep you posted on my ea results but am not sure how to give you my contact details via this forum.

At this stage until my ea has given consistant results, I do not think it is wise for anyone else to try it. I will be the guinnie pig and let you know how it performs and if it is consistantly successful, I will let you all know.

Using $10K of real money on an EA you’ve never tested is how to go about shattering dreams. It’s also my definition of foolish.

AFM may not end up working as claimed, but the main problem they seem to have at the moment is maintaining the server connection. If they could fix that, which may end up being a big if, this still shows promise. Regardless, this is not a scam. It may not work out, but that doesn’t make something a scam.

Best of luck with your own EA.

I did not say it was a scam, I simply said it dropped $6,300 of my real money trading account in 2 days.

I was confident AFM was good until the past 2 days and based on those 2 days, I have closed the EA so it does not wipe out my account.

If they get their act together and get their server working properly, I will probably reload it but at present it is simply too risky.

I simply want to make a trading profit and I will give most things a good try before I decide they are a waste of time.

I have limited cash resources so I must monitor my trades closely.

If a n ea is working great, I have no problem placing a 1.0 lot on a $10K account if it is a winner.

Why waste time on 0.1 or 0.01 on a winning formula, make hay while the sun shines hence I trade 1.0 on a $10K account.

Up until the crash 2 days ago, AFM made me $6,500 in 7 days which is a pretty good return. The only problem comes when it crashes and takes all those profits back and that was simplky due to the fact that they have no stop losses at times and at other time the stop losses are over 400 pips.

If they can fine tune this and eliminate their server issues, then I truly believe AFM will be the best AEA on the planet.

KMTOPGUN LISTEN to your fellow traders , first of all money management is key to any ones success in trading especially when you are dealing with a leveraged account. If you get GREEDY the market will PUNISH YOU and it will be ugly. So take heed and start off slow and easy.

Happy Trading

Mmmmh! Hoouff! Is there any Hope of positive those opens Trades?… :(

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I have been using Auto FX Millionaire for two weeks. It grew my account 100% then i wake up this morning stopped out with a balance of $1. With .01 lot sizes.

Chang, how much did you start with? what is the leverage and what broker did you use ? if I might ask?

f we trade aginst i thnk we gonna hv make a lot f cash…

Forex Frenzy,
I started with $100 and leverage if i remember is like 1:50 not quite sure its been awhile, using .01 lots with lite forex mt4. It was awesome to double my acct. size but very dissapointing when all was lost. Debating on wheter or not to try again.

Topgun–your url is fine

Enough for me folks, I have to manage all open trades. And to top if off, I accidently removed my other ea that has 4 open trades going. sheet…

Asking for my refund…gl luck to all

I will however stay tuned

Please how can I get the URL of Topgun?

I am not going to ask only my refund, I am going to Quit the Forex Trade also! I think there is no Systems of making money on Forex that work… I tried many many systems, it work for few days or month then take all the profit back.

Lol. But I think there are some people in this World can make it without those systems or Indicators, those people they have knowledge spiritual Powers. Eg the Yogis, Pranic, ML151 and many other arts. May be I can join some of this arts and do Meditation & Practice allot then I will back in Forex. lol
Sorry with my bad English.

If i could afford Henry Lou’s mentor program i would be set. He helped out at forexpeacearmy for awhile. I made good pips when i was able to get up early enough to follow his trade plans.

KISS. (keep it simple stupid)
This melancholic atmosphere
is comical. Statistics don’t
lie 95% of people loose money.
who is the other 5%? you may say
they are geniuses but you are wrong,
couldn’t be further from the true.
If you think you should quit forex
today do it!. but don’t discredit
valid sources. If you keep loosing
money to the forex it is because
with all do respect you are greedy.
so now if you are mad and want to
get back on and at least recover
what you lost listen up before you
do:

Do your homework I have found many
ways to positively earn money in the
forex market and when you have found it,
it would be up to your risk management
skills to stay in the game. you are not
going to make hundreds $$$/day with a
few thousands you may get lucky for a
while but is not a matter of if, but when
you will crash. Forex is a brutal market,
If you have a credible souce for forecasting
and positions go agaist you your part is
to trust the source and be patient. I’m not
implying AFM is the source it is too early
to tell. (KISS) Don’t try to beat an elephant
with a stick. Learn the rules and be true to them.
That’s all I got.

I have been trading AFM for a week now, I am 343pips in positive, but those draw downs are -434pips, I just let it run, hopefully it will recover next week. One thing with AFM software is patience and managing your leverage very well, more so, if you’re USA account holder with 50:1 leverage, you will need probably about $10,000 account to trade 0.10 miniaccount or you will blow your account with that little leverage. I hope the software developer get their acts together next week, or a lot of buyers are going to ask for refund. But me I am hanging in there. I think it has potentials, they are having management issues.

Hello everyone, I gave it this service a try with 3 day trial period and have cancelled. $2000 demo account down $800 and holding.

I am sorry to say but I have seen it all before, these signal service providers can double your money in days & weeks but they can suck your account dry even faster, beleive me I have tried 7-8 different providers and I am yet to find anyone who was able to make consistant returns without having 50-100% drawdowns.

Good luck everyone and hope the FX Millionaire pulls everyones live account into the positive again.

I will not use them/him.

Fxmillionaire SUX
THERE IS NO SUPPORT
I HAVE NOT RECIEVED DOWNLOADS
THEY DO NOT ANSWER EMAILS
I HAVE ASKED FOR A REFUND
JOHN

One thing I noticed about AFM is that ever since it has been trading, it almost almost goes into a long loss position then recovers unless of course the long run is bad where it wipes out your account because the stop losses are so high and in some instances there are not even stop losses.

My question is why do AFM not simply place reverse trades and take slightly smaller profits and reduce their stop losses to a reasonable level. Based on over 90% of the trades this ea has made, this would have resulted in far more consistant profits without the rediculous stop loss exposure.

The other sad thing that is unexplainable is their lack of communication and also the stupid fact that they did not stop all their trades when they realised their server was giving problems. It is amazing how much a trader can be put at ease if there was good communication from the trade master….

I have sent them 5 emails and you would think that with all their hype and constant promotion they would want to respond quickly so their service does not get a bad wrap but that is unfortunately not their case, they have still not responded to my emails and they have also not made any type of public anouncement explaining they have an issue.

They are so preoccupied in selling their system, they forget about us bunnies already using it.

I jouned them on 22/08/201 and since then, even though I am a member, I get anywhere from 4 to 5 emails every day trying to sell me the system. Could you imagine how great they would be if they could send performance update emais on that regularity.

AFM get your act together, take a good hard look at yourself and focus on looking after your existing customers because your marketing will fail if there are too many users that give you a bad wrap so in a nut shell, keep your current customers happy.

@EnneRex
You are absolutely right about everything you said on your post.But There are few things with the forex vendors that you can not deny in terms of their honesty.Most of them are decieving.
I would like everyone to take heed to the following statement displayed on autofxmillionaire sales page.I have been watching them for whole 1 week and then finally I purchased it only after believing in their statement.not to mention expecting the same stop loss level.If you look at their statement, every single trade had round about 500 pips stop loss.I repeat “every single one”.
What happened after I purchased is -I set the robot up on a $20000 account.I set it up for .50 lots.it was below their reccomended settings.and we all know what happenend with their trades.For the very same pair 5 trades opened with same entry point at the very same time which makes the total lot to 3 and the price keep going to the wrong direction and this vendor did nothing about it.to top it of they had 2 other pending trades about to go live.I have lost $4000 and got out of all the trades and cancelled all subscriptions.And cross your fingers guys who still have those trades opened that they will come back positive before all your funds disappeared.

65602623 2010.12.01 08:00 buy 0.08 eurjpy 109.040 108.540 109.540 2010.12.01 08:18 109.540 0.00 0.00 0.00 51.53
65602674 2010.12.01 08:00 buy 0.08 eurusd 1.30477 1.29977 1.30977 2010.12.01 10:28 1.30977 0.00 0.00 0.00 40.00
65602763 2010.12.01 08:00 buy 0.08 gbpjpy 130.242 129.742 130.742 2010.12.01 08:23 130.742 0.00 0.00 0.00 51.55
65602798 2010.12.01 08:00 buy 0.08 gbpusd 1.55842 1.55342 1.56342 2010.12.01 09:52 1.56342 0.00 0.00 0.00 40.00
65602840 2010.12.01 08:00 sell 0.08 usdcad 1.02143 1.02643 1.01643 2010.12.01 16:53 1.01643 0.00 0.00 0.00 39.35
65602936 2010.12.01 08:00 sell 0.08 usdchf 1.00251 1.00751 0.99751 2010.12.02 13:32 0.99751 0.00 0.00 -0.83 40.10
65602970 2010.12.01 08:00 buy 0.08 usdjpy 83.581 83.081 84.081 2010.12.01 13:03 84.081 0.00

This EA is and will be a disaster in the long run unless they provide well managed stop loss.which is not the case so far.
Bottom line is you cannot expect much from this decieving vendors whatsoever.Anyone says this EA has potential,look at the proof above.They did not provide what they have promised us.Server going down is not a big deal with this EA.Problem with their trade management.

And I forgot to add I had a small accoonut of @1000 which vanished last night living me $200 in the account.Broker closed all the position due to the margin call.What else I can say.Good luck to everyone who still has faith in this EA.

*leaving

TopGun,
Completely agree with you. Unfortunately I think these people aren’t going to change, it’s obviously just about marketing and the total indifference to customer emails just confirms that. I closed three of the ludicrous EURJPY trades early this morning and have left one open for when, hopefully, it reverses. Would be very interested in your EA when you have finished testing.

you people who are trading a automated signal service using only 100-500$ are big time morons…

i have faith this EA will make money in the coming week…the reason it opened buy because eur/usd was on major low resistance line and it was expecting to bounce back but due to expected market manipulation from USD and half the hedge trader on vacation expect the Eur to pull back up in the next 4 weeks…yes Eur is lot stronger than usd and yes usd will crash..

i have told you previously use the lowest lot size to trade this but very few actually read any good advice…I am using only 700$ with 8 open trade and my margin is only at 600…

using daily pivots and simple support resistence indactor you can over come some of the negative drawdown…go small..

http://www.mt4i.com/users/millionaire-bfr

this is mattahews real ecn account…

kukur, thats my point earlier on, you’re right, the eurusd is testing major support and the US govt is manipulating their economic data, How can they report Non Farm employment change at “0” !!, we all know its a lie. also you cant use this kind of software starting with $100 or $200 and expect to make money with 50:1 leverage, we need to get real guys. I am hoping the euro will bounce back off support next week.

Hey kurkur, we are not morons and no matter how small or large our trading account is, we all have one thing in common and that it the hope that one day forex will make money for us. For some it will be quick because they have large bank balances and for othere it will be painfully slow because they can only start with one or a few hundred dollars.

Morons are people that never try, at least we are trying and unfortunately we will make a lot of mistakes along the way but this does not give you the right to brand anyone that is trading or has tried trading, a moron.

As for whatever has or is happening in the market we all know that eventually what goes down will one day come back up and what goes up will also eventually come down. BUT to operate an ea that gives me 750pips in 6days then takes 850pips in one day, this is a bad ea and has nothing to do with money management. So ultimately the only moron here is the one that says wait a bit longer, let it lose another 200, 300, 400 pips, it will turn around….eventually (maybe after it has taken 1500pips) and even on 0.1 lots that is gunna hurt you.

Even on 0.01 lots, if their server is down and there is no stop loss in place, your entire account can be wiped out.

Again I reiterate, I think AFM has the potential to be great but unfortunately over the past 2 days, the enormous drawdowns have simply rocked my belief foundation. This combined with the fact they are slow to respond to emails and they have problems with their server, I am simply going to wait and see how they respond or if they can get their act together.

Any system or ea that has a take profit of 50 pip and a stop loss of 500 pips in my opinion is a dud system because that is simply gambling on the fact that OK my indicator was not so good but that is fine because I have a large enough stop loss in the hope I was actually right and that it will eventually turm and take my 50 pip profit.

To me, this is moronic thinking.

Besides, based on your comment
“the reason it opened buy because eur/usd was on major low resistance line and it was expecting to bounce back but due to expected market manipulation from USD and half the hedge trader on vacation expect the Eur to pull back up in the next 4 weeks…yes Eur is lot stronger than usd and yes usd will crash..”
Knowing this, why did AFM not trade this information and make us 800 pips rather than lose us 800 pip…DUH.

OK, so maybe when AFM is working right and there are no server issues, maybe it is a great system and maybe it will make another million as promoted but as I see it if AFM simply reverse their trading positions, I believe it would truly be the Forex Holy Grail and not make us 1 million but 5 million.

Only my own humble moronic opinion.

If you have been watching this ea trading, you will have noticed that virtually every single trade it has done, the draw downd have been quite high like 30,50,70,90 and even 120 pips then it reverses and has taken profit of 5.5, 7,,9, 10 or maybe even 20 pips.

Surely this should tell the master trader something??? Reverse your trades Auto FX Millionaire.

So maybe it will make $1mil but damn it is a painful way to get there………

Wow I am glad I found this page. I read all your messages tonight but now to tired. I have had all the same questions and concerns as you. Its all very disturbing and sad. Will sleep on it and coment tomorrow, but the story does look grim…..

yes thank goodness for this forum. i was very keen to purchase this EA as websites like bestforexrobots.net rate this as one of their best but how can they get such results after all the comments posted on here? will wait longer but is not sounding good!

Blood in the streets of this EA yesterday. Which, once again, is why you start with a demo account or only risk very small amounts of your real-money account with things like this, till you have a better idea what you’re dealing with.

I’m waiting another week before making any big decision, but at this point I’m leaning toward cancelling the platinum subscription and sticking with the basic level subscription. Which is only supposed to be the EUR/USD & GBP/USD, if they ever get the kinks worked out.

But, one other thing to keep in mind about this past week is that it was a bit of a double-whammy. The last week of August, which is often pretty thinly traded; and also NFP week. Thursday and Friday were jump-off-the-cliff free-fall for AFM, and the run-up to the NFP announcement may have played into that.

If I do keep this thing beyond the first month and go live with it, I may shut it down the last couple of days prior to the next NFP release. Sort of like making for the nearest port when a hurricane is on the way.

Anyway, rough week this week and it’s clear they have issues with the server and the signal pairs. I’m not calling it quits on them yet though. But neither am I risking real money on them yet. The jury is still out for me…

I have had contact with AFM today. They are working out some issues and state we will start to make back losses. I have adjusted my lot sizes to: 1K .01, 2K .04 3K .O6 etc upto 10K .20, if you use as recomended 10K 1 lot you need balls of steel and some good drugs to help you sleep…..
as a special note if you look at the AFM advertisement chart showing the profit curve you will see that at the start it was very slow curve and gradually increased over the months it traded. I will give it a little more time and see if things improve.

Me too, I am hanging in there with my live account starting with 0.01 lot and will still continue with same amount of lot size this week, lets see how the software administrator perform this week with their terrible server outage.

I have taken the EA off my charts, Will be looking for a refund for the Platinum part of it, and will wait until they have their server situation sorted out before I use it again.

I guess many of us paid for this system, and no doubt AutoFX made money more than we have lost in the last two days.

Normally when starting a new system, there should be some issues, but only serious developers who take it as an opportunity to improve the system and eliminate all the issues. I think we should hang on with AutoFX hoping that he invests our money to improve his system and establish it on some high-end servers that can serve all his customers to maintain excellent support.

I wish he listens to this now, or someone can pass the message to him somehow.

Good luck to everyone.

Eur/Usd Could hit 1.3600-1.3500 this week…

So people be cautious and i encourage you to open a sell trade to minimize your loss…

Has anyone heard from AFM? So far today there has not been a single new trade which is very unusual???

mmmm MAybe they are spending time fixing the server problem, or maybe they have just disappeared into the forex black hole. I have to say that their support has been abismal, they could have sent out an email to all their customers appologising for the down time and kept some credibility, but no. I have a feeling that it will be refunds galore. I have sent support an email saying that ‘if I do not receive a reply to this email, in 24 hours, then I will be contacting Primus for a full refund of both the Normal trades, the Platinum trades and the manual system, which I think is a load of rubbish

Sad thing is that for 3 days, this was the best ea I had have ever experienced then BOOM, the bomb went off and it all came crashing down.

I still have both basic and premium running but I have reduced my lots to 0.01 to see if this thing comes back but I must agree, things do not look too good if they are not answering any emails and the system has not placed and trades or positions today.

Very suss………

you people are stupid or morons? the market just opened for 6 hours and we already got 8 trades running on the dooom side and you are asking for more trades on top of that…shett..

IMF already warned today the market is going extreme downside so expect to see more doooom.

AFM will not return your email because they know they got no solution…

Hi Guys

I want to try this AFM out. I am in SA and the subs are R 240 per month. Just confused aout which trading platform to use – Must it be Meta4. Which is the best trading platforms.

What info do you need to load each day on this AFM Software. I would really love some guidence here.

Thx
RMG

Hi RMG, seriously just wait a little while before you buy this as there are some major issues.

Read back some of the blogs on this forum and you will see that AFM must first sort out some server issues and they also are presently trading massive losses. On Friday I had to close this ea down as it wiped out $5,500 of my real money trading account.

It has opened 1 trade today and presently running 13 pips down.

When you do eventually buy it you must load onto MT4.

I would seriously wait and keep reading this forum.

Where you from in SA? I now live in Australia but I lived for 13 years in PE.

Check this out. It’s nothing to do with Forex. it’s Affiliate Marketing. Recognise anyone? Do i detect the smell of Scam around here?
http://www.autocashandroid.com/earlybird.html

RMG, take the advise that KMTOPGUN has given you and wait until they have sorted out some major problems.

I just got a reply from Matthew from AFM, he says that the server has been upgraded last weekend. Anyone still using this? I would be interested in whether it goes down again this week. I might try it again, but on a demo, still got plenty of time before the 60 days are up.

Gotta ssay this is the first time that I have had a reply to the server question. Perhaps it was the threat of asking for a refund that did it.

Auto Cash Android video starts almost identically to the Auto FX Millionaire video….is this a coincidence, is this guy just a marketing scammer???

This is certainly very strange and is making me even more worried that AFM is just another scam.

I seriously do not know what to make of all this…is it possible someone can be so devious or is he simply trying his luck at a number of different things.

First two weeks made good money, EurUsd has reduced my account by nearly 50% on paper. Hopefully this turns around soon.

EUR/USD is going up and down, up and down and getting no where fast,altho at the moment it is going down further than it is going up, I suspect they got this one very very wrong pain in the butt this is. Down over 300 pips now

Well they are still favouring the trade to go upside, as the latest EURUSD was still a buy.

I hope they are right.

That auto cash android is scary,looks just like AFM

Hmmm. Based on that Autocash android thing, this may be a re-hashed version of that, or maybe an upgraded version. Don’t know, but my internal warning light just came on. We’ll see how things go from here though.

On today’s trading, just as an FYI, the U.S. markets are closed today due to this being a national holiday (Labor Day). So pretty thin trading till the Asian and European markets open again.

fellas there is a reason why USD will crash…It will go down big time because its in a bubble right now..if you u look at gold price which just hit 1900 again then you can tell that the value of USD is going be wortless in the coming month…

It is possible that EUR/uSD could hit 1.36-1.35 and then reverse back…

I have opened a sell trade last night and it helped me reduced the loss a little bit…

if you wanna avoid loss i say buy GOLD now as it will be hitting the 2000 marks very fast..

EUREKA, AFM is up and running again, did 2 trades last night, both small profit but at least they were profit.

Is this the come back of the titans????

I hope, I hope, I hope…I am the eternal optimist.

I have taken this EA off the charts and requested a refund.Time to move on.

Got the refund today…yey!

Just as a matter of interest, was there any dropouts in the last 24hrs.

Not that I can see according to my logs.

Yippee, AFM is up and trading again. 3 profitable trades today and 1 pending trade. Profits $39.00 recovered from my $5,500 loss so still a little way to go to make it up….LOL.

We live in hope and dream of better things.

Once this ea makes back my $5,461 and more, I will then advise you all to start using it again.

Keep watching for my updates….I will keep you posted.

PS, keeping my trading lots low in case of another system crash by AFM.

WARNING WARNING WARNING
WARNING WARNING WARNING
WARNING WARNING WARNING
WARNING WARNING WARNING

If you follow his REAL account..he closed his trade with loss and start over again…

http://www.mt4i.com/users/millionaire-bfr

kmtopgun I should have taken your advice and closed when you did I’ld at least still have a 1,000 but now after 2 trades closed from a margin call equity is 400 bucks. It sad after starting with 1400. and seeing 2k. Unfortunatly I was away from home with limited internet so managing the trades was chalenging. Your own ea sounds interesting I have considered one my self based on stochastics too. How is it working now last post you were up about 800 buck on your 5k account

Hi Kevin, my own ea ended with $1450.00 profit on my live account on Friday eveningin 4 hours of trading but I was trading 2.0 lots on the demo account and it made me $6485.00 profit in 1 day alone on Friday. Wish I had that on my live account…LOL. I have stopped my ea at present because it does like 60 trades in 1 day on 7 currencies and I do not want to upset my broker so I am tweeking the ea to do less trades, take longer profits and less losses but overall, I am absolutely wrapped with the results so far.

Maybe I will need to split my account over a few brokers so I do not get banned.

I will keep you posted once I finish tweeks and I hope I do not stuff it up with my changes because so far it is ass kicking.

You might be interested to read these comments that i have just seen.
I have no knowledge of Zulu trade so cannot verify what has been said here but if any of you do use Zulu Trade you may want to check these comments out. As i understand it Zulu Trade is a free service

Sorry, forgot the attachments. Here they are

Am I the only one to notice the trade on AutoMX Millionaire are essentially the same the user “Shooting pips” on Zulutrade?

Scam? Or just the same guy?

Hmmmm strikingly similar, probably the exact same trades. I think this is EA , AutoFX Millionaire is not a new service but a upgrade of some other signal service or a rehash done under another name. On Zulu, there are real people following Shooting Pips and making money$$$. Again, watch your lot size , risk management and trade management if your going to follow Auto FX Millionaire or whatever it really is.
Nice investigative work!!!

Indeed. The trades are exact copies of the last trades of Sharper Trade and Shooting Pips from ZuluTrade!

Manually closed 2 trades EURUSD, and took a hit of 570 pips.Could not risk it sliding down any further

All the gains of past have been wiped away.
We live in hope!

Seems the EUR is strengthening against the USD, so hopefully the loss won’t be too bad, I am prepared to take a loss of 165 pips between the two trades so am hoping that it gets to 1.42775 or as near as damn it. Seems to be heading in the right direction.

Manually closed 2 eurjpy trades that was previously negative of about -85pips to 28pips profit in the early hour of the day, it seems eurusd is gaining strength and will close this when it gets into positive hopefully by the end of the day, these eurusd 2 trades were trading at around -400 pips yesterday, but now averaging -190pips. What a wild ride its being since last week. I hope they improve their system and stop the crazy system outage this week.

I’ve seen this kind of trading in the early days of zulutrade. small consistent profits then all of a sudden BOOM! all profits wiped out within a span of a day or 2. On the other hand, if you have good money management and alot of patience then i think you might do well in forex. I see ^^^^^Tommy up here talking about a small reverse so who knows. Maybe the EA does work

I am happy to announce that AFM has traded 6 positions today with a take profit of 67 pips.

Is this the comeback??????

@KMTOPGUN – Considering this EA is supposed to rake us in a good amount of money in the next year or so, i don’t think we should tear the roof off just because the EA raked a couple of profitable trades today. Am being watchful of this one.

One can only hope so KMTOPGUN. Did you say you lived in South Australia?

Put it (AFM) on a demo account at .2 and so far this day it has made $155.56 if it continues like this for the rest of the week I might just put it onto another live account with just $2k in it at .06 and see what happens, It may be OK as long as the servers stay up, I feel that has been a major problem for them. Having said that they should have made damn sure that they had bigger servers than they had before going live.

The two EUR/USD trades are heading south again. Have to see what happens when New York opens

Yep Sandra, I lived in Port Elizabeth from 1969 to 1983. Married a South African woman and returned back home to Australia.

joegathu, I am not tearing the roof off yet, just giving feedback as I promised I would do besides, 67 pip profit is much better than 700 pip loss so I am simply looking on the positive side of things.

I just hope it performs like it did in the first few days by making 690 pip profit in 3 days. If it can get back to that level then this will be a winner ea if they can eliminate or reduce losses and if their server does not keep crashing….

As I previously said, I live in hope, I am the eternal optimist.

Well NY has been open for an hour and the USD is now much stronger that the EUR, I think I might put on a buy if it gets back up to 1.4060. This is the lowest the EUR has been since the 5th August

hello traders,this is a comment made by someone on another well known forum about AFM 6, 2011 at 2:18 am

‘Last trades are copies of the trades of Sharper Trade and Shooting Pips providers on Zulutrade. Check for yourself. I wasn’t the one who discovered it though.

Why pay for service if you can get it for free.’
end quote. i have not checked this out and do not not use this ea either,just thought i would pass it on.

Last post from Shooting Pips Signal Provider :-

“Endlessly i have highlighted my guideline and to why it should be followed. For the final time im gona say this: IF YOU AINT GOT THE CAPITAL TO TAKE DRAWDOWN DONT TRADE WITH ME OR BETTER STILL DONT TRADE IN FX. If you gona be stubborn or ignorant in not following my setting then trade at your risk. IM NOT A MAGICAL PROVIDER BUT I DESIGN THE SAFE METHOD. READ MY GUIDELINE AND ILLUMINATE YOURSELF FROM THE DARKNESS OF FOREX. You expect me to bring you the pips yet you have no initiative that drawdown cant also be small..those who expect miracle go find yourself an fx sorcerer. Tnx.”

Last post from Sharper Trade Signal Provider :-

Dear subscribers, thank you for your communication. We all know that there is a lot of frustration during DD periods. To answer some questions I’d like to give my opinion on EUR/USD pair. Pair is trading in esteblished range of 1.40-1.45. Every level of 1.42 or 1.41 is strong level to bounce. Yes, it may go down to 1.40 level but then we can see faster bounce to 1.45 level. As you can see I want to close current series of trades at 1.44 level which is way below of 1.45.

This just arrived in my inbox

autocashandroid.com/exclusive.html?hop=mwright00

One min he is a trader next he is an affiliate marketer

All i think is its a SCAM

HEY! Where are you all!!!

I think tomorrow is the day of closing open Trade with profits

Tread has gone quiet, nobody has anything to say.

I think everyone is waiting to see if AFM is going to come back???????

Seems to be doing ok at the moment, has anyone noticed if there has been dropouts recently, especially during the US session.

I think all the bloggers have been intimidated by Tiger’s level of professionalism……

I have not noticed any drop outs but I have notced AFM is certainly getting out of bad positions at very low losses so maybe they are on top of things again????

Hey Tiger, what are your predictions and are they normally good? In other words, should we copy your trades or should we live in the hope AFM will make us millionairs.

Are you a forex multimillionaire Tiger?

By the way, for those of you that were waiting for an update on my own ea, it is just as useless as all the others.

Worked well for 3 days then took back all the profits….oh well, back to the drawing board.

I was so hoping I could give up my day job but no such luck….LOL.

I wish I could truly find and ea or an indicator or set of indicators that could make forex my life, my income, my future.

If anyone has something really good to share, please do so as I am frustrated, infuriated, dejected and SAD.

I think I am going to play with ZuluTrade as it looks like it has real merits. Mirror trading on your own account by professionals so basically the same as AFM except free and you can modify your experts at any time based on their ranking and performance.

It is certainly a very sophisticated, detailes site and very well thought out. I have now joined demo account.

Hi KMTOPGUN.

Lol! I don’t think so if you’ll be a millionaire with AFM! But I sill do have a time looking at it.

If you want to see really multimillionaires Trader, Look at this Contest…

http://www.myfxbook.com/contests/trading-championship-september-2011/5

I try all my best but till now my position is about 423 to 440. Doh! People they really know to take the money in Forex Market. My Nick Name in that contest is Alikizami.

UPDATE on Auto FX Millionaire – to date I have sent them 15 emails and not had 1 reply. They have closed my account now, this is absolute BS in a big way.

Friggin waste of time, money and energy.

I hope those of you that stay with them do make 1 million but for me this ea and their service is too frustrating.

This is the last time I will comment on AFM as I do not want to waste anymore time on them.

As usual none of these services work, or they work for a while and than crash (empty account).

Have now applied for a refund, see what happens

They charged me $37 per week instead of per month and I was confirmed that I will get the charged reversed but 3 days later still no reversal and I just warned AUTO FX today that I will needto call my credit card company to make sure they stop any further charges…

Disappointing that they are handling my credit card details with so little respect.

@AZN2D4

If you take AFM 3days trial for free then there Recurring Payment Terms is $37 every week. But you have the time to ask your refund for all your payment then you’ll order again if you like.

I just hope you guys noticed that on their sales page where the list each transaction from $1,500 to 1 million, that every single trade with it was for a loss or gain resulted in a 50 pip difference. Go see for yourself.

That would be impossible to do, roughly 1,400 transactions in forex that each resulted in a gain or loss of 50 pips.

@ Trev
I copied and pasted that statement above few days ago and hence we all have been decieved.But obviously people dont take heed.

Just for information, I asked for a refund late last night (Australian TIme) and it is in my paypal account less than 8 hours later, so I guess Plimus is getting used to refunding for this particular EA Now just got to wait for their real stupid EUR buy to come off and things will be back to normal, doing my thing, my way.
I hope I have the will to just ignore all the BS that these EA’s put before us.

I am presently running live accounts with Megadroid, Fap Turbo Ichimoku and Forex Overdrive.

So far Overdrive is producing the best results but last night it did a large draw down but as usual it seems to always come back and knowing this, when it is on a large draw down, I simply place a manual order in the direction of the reversal at double the lots so the draw down recovery immediately makes me double the profits.

KMTOPGUN,

I been a member since Fap Turbo and Megadroid first launched, but I only used them for about 2 weeks and never again downloaded their updates. Mainly because of the lack of knowledge with their settings.

Do you tweak the default setting?

Have you ran these EAs with factory settings and be profitable?

Please advise.

kmtopgun sorry to hear your ea hasn’t worked out I was routing for you. I gather an ea based on stochastics is doomed to fail for they are just a lagging indicator. About Sharper trade and Shooting pips it funny because I am running an account at zulu and have sharper trade on my account and shooting pips on a demo. I noticed that the trades were very similar. But zulu is not free I believe your connected broker adds a pip to the spread to cover zulus charge for service so AFM is actually quite cheap if it makes you money. I’m still hoping AFM will dig its way back to profits.

TO Mohammed:

DId you email support@autofxmillionaire to ask for a refund?

I haven’t got a response from that reply for 3 days.

I have ready make a cancellation of my subscription for Auto FX Millionaire in my Paypal account. And waiting my Refund through Plimus Team.

hi everyone, have you noticed they have stopped trading!!!

AZN2D4
You need to find the email sent to you from Primus saying you have mmade the purchase, and near the end of the email is a part that says something like ‘if you have a problem with the product contact us here, that will take you to the original invoice and about halfway down the invoice it says ‘if you have a problem press this link’

You then have to ask for a refund and it will happen. I got mine in less than 8 hours. Hope this helps.
If you email support they will try and delay you from asking for a refund, however they will reply to your email. Seems that those emails are the only ones they reply too.

Hi Ian,
probably because everyone is asking for a refund, and their two EUR/USD with the 500 pip stop would have been stopped out by now

@AZN2D4
I asked for refund through plimus.See the post from Sandra above and follow that.Plimus was good refunding this time.You will be ok.

Trev
I don’t understand why you say it would be impossible to have a gain or loss of 50 pips on each trade. The amount of gain or loss is determined by TP and SL settings, and price will eventually hit 1 of them on every trade.
I bought this service for that reason, thinking that SL would be help to 50 pips and that the enormous gains that were made were because of compounding and the trader determined the correct direction of trade 85% of the time.

KMTOPGUN, you asked for other possibilities: perhaps you can se what Vladimir Ribakov offers – http://www.vladimirforexsignals.com/.
I will see if the signalservice can do what AFM could not.
I would like to know your idea.

I am totally dejected with Forex. To me this appears to be nothing but a massive gamble.

I have now tried 6 different professional systems plus 12 robots and all of them are profitable for a bit then they all seem to suck back more than they make.

Robots get you very excited because you wake up 2 mornings in a row and see profit after profit after profit then wake up on day 3 and the account is close to empty.

Majority of these robots have take profit of between 3 to 12 pips and stop losses of between 300 to 750 pips.

Even yesterday, I had 4 robots all buying GBPUSD and EURUSD and also look at most of the traders on ZuluTrade and they also take the same positions and what happens, both go south in a big way.

I am starting to seriously believe I will get more pleasure out of playing the pokie machines with my money. Definately more fun and less stressful and at least I am not under the illusion I will not lose.

I think from now on I will be much wiser to buy lotto tickets with my money rather than putting it in Forex.

I have lost all hope and can certainly see why 95% of punters fail at this. We do not have the slightest chance of winning to start with.

Forex gets you exited enough to suck more and more money out of you to simply take it all back into the 5% coffers.

I now have only $900.00 left in my account so my attitude now is to just leave it there, let the robots trade in MM mode and just let what happens, happen.

Since I started Forex, it has consumed my life, it has effected my family life and my work and I have not had a single good night sleep.

Time to let it go as this is an obsession that is taking me nowhere and very little chance it ever will.

If there is someone out there reding this and feels sorry for me and wants to take me under their wings, thenm please put your hands up……

By the way, for any newbies that want to know where I went wrong, and for those seasoned traders that know exactly where I went wrong is that I did not use Money Management. BUT it is the nature of us gambling human beings to want to make our losses up quickly hence we increase our lots in the hope this happens.

Yet, even if I did follow MM rules, the stats show me that insted of losing all my money in 2 months, MM would simply have lengthened this loss period to 1 or 2 years but at the end, the result to me appears the same….LOSE>

The vendor is a cheater. There are 5 open long positions for EURJPY at the price around 110.00, and another 2 long position s for EURUSD, both are in deep drawdown. As of today, September 9, total floating loss in pips is about 3000, total gained profit in pips is 380. I applied the EA on my $37,000 balance live acct with recommended 1 fixed lot. On Monday, Sep.5, I got $14,000 floating loss, fortunately I manually close all my positions at the spike on Tuesday 5am with $1,500 loss. I saw the trades on sever never got closed. If I hadn’t manually closed the positions, I would have lost $30,000. However, we I went to membership area today, and found all those open trades are gone, they were there yesterday. I did a search for EURJPY, only one appeared with a small profit. I know those trades are very bad, they must remove them today.

STAY AWAY IF YOU DO NOT WANT YOUR ACCT BEING BLOWN OUT!!!

This time last week I was leaning toward cancelling the platinum service and keeping the basic service. Now I’m going to cancel altogether, halfway through the 30-day trial.

Too bad, but so it goes. And why I won’t risk real money on something like until I demo it first. This looked promising and maybe it will eventually work, but I’m bowing out at this point. I’ll still keep an eye on AFM for a while, and might give the basic service another try down the road. Just too many issues cropping up right now for me to feel comfortable with it. I don’t label this a scam. Just a disappointment. It happens. Onward we go. Best of luck to everyone here…

If you want an EA that actually works check out the Forex Pro Cloner I have been running it on several real accounts since July 5th and not a single losing day yet. I have only the basic and it does not require a license Key so you can run it on as many accounts you want. It runs on euro and gbp and I have found the smaller the account the higher the % gain. I had it running on a 10k account and in a month profit was only $240. but on an account which started at $100. made $66.99. There is also lots of other clients reveiws using this site. http://www.forexmachines.com/reviews/forex-pro-cloner/

This ea reduced my demo acc from $3000 to $380 between Aug 22 and Sept 9. Basically pending orders are used to enter trades when price bounced off support and rsistance levels, mostly probably in the H4 tie frame. They hold on to losing position in the hope to reduce the loss or for the market to turn in favourable direction. This is how mature traders do. Last week we have seen that that was a great mistake.

The great folly is that one cannot use such strategy all the time. The markets DO break through support and resistance (SR). They have to break SR levels most of the time. Otherwise the price would be confined forever between major support and resistance.

This EA fooled a lot of people. In fact no EA is designed to win. Why? – because the vendors are also the marketeers for the brokers and they do not want you to win.

But they do want you to open accounts and EAs are just the right enticement to pull you into forex!

You can make money in forex but you have to know what you are doing. Study and devise your own strategies or work together with friends.

Good luck

KMTOPGUN….you’re not alone, trust me. And I’ve been there. Very sorry to hear about your losses, but give yourself credit for this – even if you slipped down the slope a bit, you stopped short of diving off the cliff. Not everyone does stop before that point, and they end up regretting it in a big big way.

Don’t mean to hand out free advice, but knowing how dejecting it can be to blow through most of an account, let me pass along an idea that’s worked for me. Instead of quitting forex altogether, just take a break from it. Leave it be for a few weeks or even a few months. Then see if you might want to get back into it or not.

Heck, forex will always be there. You can come back to it if and when you’re ready. And if you don’t, that’s fine. You just move on. Everyone has their own path toward whatever they’re looking for. But maybe right now it’s not a bad idea to just get away from it, and clear your mind a little. Been there, done that, know the feeling. Don’t beat yourself up too much. You lost some money, yes. You didn’t lose your house or something. That matters.

Best of luck to you my friend.

Tanks Todd, I will take your advice. Besides if I do not I fear I will become a mental wreck.

One more thing about my forex pro cloner I gave you the stats only for the euro because for some reason I neglected to attach it to the gbp. Results would have been double what I said most likely but also $100. start balance may be too little at $100. ru

running both pairs and should be at least $200.
Cheers

any one notice the following trades seem to have vanished from the master trades

28235559
28227246
28227346
28227155
28197791
28191865

the result of these trades closing wiped my account>>> however on fxmillionaire member page there are no reduction on the monthy pip profit

My opinion is that Auto FX Millionaire is now dead in the water. I have requested and received my refunds from Plimus so I would suggest any of you that still have not applied for your refund and closed your monthly subscription should do so now while you still have a chance and before your 60 days is up.

As I said only my own humble opinion.

Yep KMTOPGUN, you are right, they are dead in the water all right, I think that is why Plimus are not hesitating in refunding, I even got my refund for their manual system, which was just an ebook, and they don’t usually refund for them.

The only way to make money with forex is to educate yourself, and find something that works for you. You will always have winners and losers, but you just have to make sure that your money management is right, and don’t go chasing rainbows. (She says after this debarkle). AFM cost me all my profits for about two months, but I know that I can get it back and my original stake + is still safe.

They will have removed all the trades that went backwards, so that it looks good for other suckers that come along. The silly part is that the ones that sell this sort of thing only get paid for the ones that don’t cancel, and I suspect that there are not too many that will have kept this one.

We all need to remember that the ones that flog this sort of stuff, invariably don’t trade, the are affiliates who sell stuff. AND IF IT SOUNDS TOO GOOD TO BE TRUE, IT USUALLY IS.

I have tried all sorts of robots etc and have never found one that worked, some do for a short period of time,and others are just plain BS. I have been refunded for almost all of them,(still got Fapturbo got it when it first came out and didn’t know how to go about getting a refund, and one from Don Heintz who refuses to refund), so I have made a pledge to myself that I will not get sidetracked again, and I will just continue doing my own thing.

I have also found that this site is great for finding out about things that are being flogged off.

So good luck to you all, and Happy trading

Hey Sandra, you are correct in saying one must learn but unfortunately time constraints mean it may take me 50 years and that is why I have been looking for alternatives.

I am still running Fap Turbo Ichimoku, Forex Overdrive and Megadroid on the balance of my live account but have got rid of all the others such as Million Dollar Pips, Growth Bot, GT Shadow, Spider Web plus many others.

I am certainly going to run the 1 month ZuluTrade demo as this seems to be a great way to trade (ghost trading). Although you make less pips profit per trade because everyone takes a cut of the pie, at least you can constantly change traders based on their success rate and their rankings. Been running demo for 1 week now and almost no drawdown and all trades in profit. I have selected 5 traders and am monitoring their performance. This is much easier than learning forex.

I gave Auto FX Millionaire a try, it sounded so “promising”. After initially seeing profits, even following their recommended lot sizes, several EURJPY open trades were closed by FXDD because account margin dropped below zero. Just as well because those trades dropped even lower and never recovered. Interestingly, they all disappeared from the master trades list, but still show in “My Trades”!!! They were trades: 2823559, 28227246, 28227155 and 28227079.

These guys appear to remove reporting of the largest trade losses, so as to keep up the illusion that they are winners.

Beware.

Yep, just scammers, like most of the ones who sell these sort of things.

Final ruling, I have now also taken Fap Turbo Ichimoku, Forex Overdrive and Megadroid off my charts so now I am not using any robots at all. My account is now down from $10K to $500 so now I must learn by myself how to bring it back up.

Bottom line is ….ALL ROBOTS are rubbush. They work now and then, make nice consistant profits now and then but ultimately all they do is draw the account down with a few LARGE losses that ultimately wipe out the account.

That is the end of me and robots, it is now up to me.

I once traded a $1,000 real-money account to over $9,000 in a single month, then took it back down to less than $1,000 the next month. Another time I had a $4,500 account that I successfully turned into a $900 account in a single day. No robots involved either time. I did it all by my lonesome, and learned about neat stuff like trading with emotion and not using stop-losses.

You live and learn. Hopefully without losing money you need for minor stuff like the mortgage, food, electric bill, gas for the car….

LOL, minor stuff like living……….

Todd,
and not using money management, silly thing to do.

has any one notice the AFM has started up there own account again and today sent out signals. I have taken the ea off my account now and asked for a refund but it might be good to follow their account for a while. i lost £1000 on a live account, glad i closed the trades manualy or the losses would have been worse. the only thing i cant believe though is i and a lot of other people put this straight onto a live account!!! Dont know why i did this, never done it before and will never do it again!!! this is the link to their account
http://www.mt4i.com/users/millionaire-bfr

o yes one other thing all their big losses do seem to be shown on the above link. I dont think it was a scam, it would have cost a lot of money to make the website and to buy or rent the tech to send out the signals to all of our accounts. i think the developers really did think they were going to make a million. It just goes to show how hard it is to make money in this business!!! I have been trying for 6 years and still no further forward just lost lots of money. the problem is its addictive, cant stop!!

Hi Ian,

The only problem with that set of trades is that they took the trades off at a loss of 100 to 200 pips, and that is not true. They were still open well after the 5th September, I got my refund on the 8th September and they were still open then. It seems like a smoke and mirrors thing to me.

Sandra, ya think?

Like I said, live and learn. I don’t trade that way anymore and generally do pretty well. I’m willing to take a look at new things to see if I can do better. But, as long as you learn from your mistakes and don’t lose your shirt, your house, your family, etc., you can survive the trading world. It’s the folks who keep repeating the same mistakes over and over that wind up jumping out of windows. Literally.

@@ KMTOPGUN

you are funny buddy…NOT ALL robots are garbage…There is ONE ROBOT that saved me twice from blowing my account…I f83k up my balance with greed and that robot saves me all the time…Your 10,000$ would have been 40,000$ by now if you traded since the beginning of the year…

AFM is not a scam..since the big loss they are coming back..All you idiots who used less than 1000$ with high fixed lot size should have been never used a forex signal in the first place…Believe me I used 600$ account using AFM all from the beginning and still have my account hang tight in good balance. If you just rely on your signal provider than you are doomed…You MUST read the daily currency news…Dukascopy got forex tv you can watch that to gain you market understanding…When AFM was buying EUR/USD during 1.41-1.39 period I got an advance warning from the news that EUR/USD will hit 1.36-1.34 and that is the farthest it will go…Guess what it happened exactly that way…I have saved looooooooot of money closing those buy trade earlier..

Now if you hear the news EURO bailing out GREECE than expect a comeback of EUR/USD…Also expect a comeback of GOLD…

Right now just stay the fu7k away from Eur/USd

Yep made plenty of mistakes myself, this one was a doosie, but will not make the same mistake again. Will not get sidetracked and look for something that looks simple, will just do my own thing and be satisfied with the profit that I make.

KuKur—what bot are you talking about that saved you and your account??? I still use a bot to trade and does very well,,just keep the greed out of the picture..

Hey KurKur, I was under the impression that the reason for using a robot was to auto trade. What is the point of a robot if one does as you have done “”I have saved looooooooot of money closing those buy trade earlier..””

So what you are saying is use a robot but be clever enough to know when the robot is going to be wrong.

In that case why use a robot at all why not just manually trade with the intelligence you have??????

And the bottom line is that over 2 months of using 12 robots, all 12 have given large quantities of low profits and a couple of huge losses that wiped out all those profits and more so in fact with all the robots I have used, they take 10, 15, 25 steps forward and on or 2 giant leaps backwards to put me 5 steps behind so yes, in my opinion so far all robots are rubbish.

What is this brilliant robot that has saved you twice and with your knowlege and reading of the news, why have you needed saving in the first place??

As for AFM, I am not so much upset that it made a few bad trades as I am the fact there has been absolutely no feedback of any nature from their support.

KMTOPGUN

Do you have REAL LIFE JOB other than FOREX?

I do. I sleep during the LONDON MARKET and WORK FULL TIME JOB DURING the US MARKET…You know very well that Asian market is the shittiest market in the forex world…That is the only time I can trade.

The only thing I am making slow money in forex is using robots and signal service while I work a real job.

You know why I read the news everyday? because I don’t make mistakes like you just did losing 10,000K. If you would have read the news and match with what your robots and signal provider doing to your account than you would have overcame those major loss…I am not SET AND FORGET person…I am always watching..

as for my trading robot it is none other than Gps Forex robot…yah you probably heard about it and you probably gonna say shit this robot don’t trade at all…hell this is the only robot that has 99% winning rates even with 5-6 trades a month…if you are trying to get rich in one month than good luck with your 12 robot system and Gps is definitely not for you…

tsk tsk we are getting a bit testee on here I think. Keep it nice guys.

Hi sandra, re the big losses on the AFM test account not been as big as there actual losses, i think this is because they were closed out by the broker as there was no margin left to keep them open

as i have said i am addicted, so on that note has anyone tried PRo Auto Trader yet? apparently there are no upsells, and if you try to close down there web page it just closes!!! no special offers or get it for free, nothing.

Yes Kurkur, I have a real job and my entire incentive getting into Forex is to make forex my real job and my current job my unreal job.

I was not being nasty in my feedback, simply stating the obvious.

Robots are meant to trade when I cannot which is 90% of forex market times so I obviously want to find a robot that I can have faith in. A robot that will consistantly make small profits and inconsistantly make extra small losses.

There is no point me puting a robot in place that I have to monitor because it does not get things right.

The reason I have tried 12 robots was in the hope of finding the right one, the one I can rely on.

There is 1 robot that is good and that is Megadroid but it only trades once or twice a month and with money management it means I will be able to leave my current job in about 350 years. To me this is of no value, being 100% accurate once a month or twice a month and only making 10 pips a month is actually a waste of time.

Signed up yesterday have tried to contact support three times they have as of yet to contact me. Did get the EA working later last night. of the 4 trades that they opened only got into 1 and after being up 20 took a 12 pip gain and now is up almost 70 pips. better to be in profit I guess than not. But basic version no support you are on your own. They only want to service the high dollar clients and us with limited incomes and playing it safe get nothing. Will see what happens in 28 days. I was hoping that this ea would be different but they are all the same.

message for top gun you left a notice on Pro Auto Trader saying how you lost o load of money and they wont refund your $140. are you sure you have the right ea? as it costs $197 and you blog is for Forex Auto Trader

Best of luck Charlie on getting any response from support. they only seem to answer when you threaten to ask Plimus for a refund. Then you get an almost instant reply.

So where’s everyone?

Today: -900 pips closed trades

What you tink? should i keep this EA or extreminate from my mt4 account?

Exterminate, go to Primus and get your refund, thats the only way you will get anything from this ea

Guys is there anyone who refund i get back money? I refund my money last week via Plimus and sent letters to AFM many times but hadnt any respond. Please help what i have to do? I lose money from my 2 real accounts 880 USD and 500USD who will compensate my money?
and how i get back my refunds from 2 accounts?

No chance of getting any money back from your accounts, we all lost money on those, that’s a chance you take when you buy on of these things.

well and what about 37 USD? How can i refund these sum? Nobody answer, Plimus said contact with AFM but they didnt answer

You need to find the email sent to you from Primus saying you have mmade the purchase, and near the end of the email is a part that says something like ‘if you have a problem with the product contact us here, that will take you to the original invoice and about halfway down the invoice it says ‘if you have a problem press this link’

You then have to ask for a refund and it will happen. I got mine in less than 8 hours. Hope this helps.
If you email support they will try and delay you from asking for a refund, however they will reply to your email. Seems that those emails are the only ones they reply too.

hi dont know if anyone is still interested but they have wipped out there own live test account. I have never seen anything like it!!! check it out http://www.mt4i.com/users/millionaire-bfr

Yep and most of the damage was done on the 4 trades around the 31st August and 1st September, those trades were just dumb trades to take. Everything about them screamed out wrong wrong wrong, but we all know the outcome eh!

Guys! Is there any one who still use this EA? is it work? May be we was wrong and EA made mistakes but now work properly?

Don’t think that anyone here still uses it, It will wipe out your account just like it wiped out theirs. Check out Ian’s post on the 27th Sept (4posts up from here) it has the account for the AFM site and it is wiped out.

The name should be changed to Auto FX Millionaire NOT

I bought it, used it for 6 days, in that time it wiped out my $1500 euro account, less than $5 euro remain. This is with their recommended settings, I had .12 lots size selected. The thing trades with no stop losses on most trades, makes trades against current trends, won’t allow you to set stop loss, has bad win to loss ratio settings, win 1 loose 10 or worse. Asked for refund, still have not gotten it, and was charged again after canceling and requesting refund. It’s all a crock as far as I am concerned.

Has anyone who requested a refund gotten one?

You need to find the email sent to you from Primus saying you have mmade the purchase, and near the end of the email is a part that says something like ‘if you have a problem with the product contact us here, that will take you to the original invoice and about halfway down the invoice it says ‘if you have a problem press this link’

You then have to ask for a refund and it will happen. I got mine in less than 8 hours. Hope this helps.
If you email support they will try and delay you from asking for a refund, however they will reply to your email. Seems that those emails are the only ones they reply too.
This is a copy of a post I made on the 27th September.
You will only get a refund from PRIMUS

i’m trying near 3 month ady… overall… losing rite now… damn no money management at all…. 20 -30 winning trade equal to 1 losing trades… for me… i stop ready…

WARNING, WARNING, WARNING – just stay away from this AutoFxmillionaire; I have been there, it wiped out my account, the biggest draw down are from 5 EURJPY, 4 GBPUSD loosing trades and some of others => all up more than 1500 pips, …I cancelled my subscription but unfortunately can’t get refund for the month that has passed being used…
Risk/Reward ratio is not really good – Stop Loss is too big – up to 500 pips per trade to gain 15 to 40 pips. Besides, server is from time to time down, let alone disconnection with the broker server. I have had enough!
Agree with KMTOPGUN – to be careful with AutoCashAndroid – don’t buy this! it’s the same actor as in AutoFxMillionaire.
I’ve been buying so many FX EAs & several fx indicators & courses & some signal services in the hope to find a “holy grail” in fx trading so far including this autofxmillionaire, such as : fabturbo, gpsforexrobot, leotrader, autopipbot, pushbuttonpips, rovernorthforexsystem, forexhacked, protradecopycat, extremepippoacher, instantforexprofit, forexbliss, forexbillkiller, forexsecretlearning, turbopips, 1clickpips, pointclickpips, mbfx forex system, forexcashsiphon, autotradefusion, pipaccumulator, forexnohype, masspipsmakers, quantumfxbot, click4pipforexcashbot, forexpipfinder, fxspeedtrader, autofxfiringpin, supremetradingbot, forexthor, forexprofitcreator (looks similar to autofxmillionaire too)…it seems only few are the real deal…anyone would like to share with me re: any experience with either one of these?

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