About a month ago, I found Brainwave Tuner, an application for Blackberry phones. The concept of it is that it provides a certain sound or a specific tone so that the listener's brain frequency is changed to desired states. It's said to help sleep and therapy, meditation and relaxation, and focus and learning.
I thought it was dubious, but after reading some nice reviews, I decided to through away my $4. After one month, I liked this application a lot. When I use it when going to sleep, I can fell asleep faster and sleep deeper so I feel really good next morning.
The actual sound was really dubious at first as I thought the sound would be smooth and gorgeous. But for me, it sounded really cheap like a UFO sound you typically heard on TV. But I don't complain it anymore as I think it's effective. I use it when I need to concentrate on something, too, and I feel good about it. It was a good deal for only $4.
5.25.2012
5.21.2012
SteadyOnFx
I think what most differentiates SteadyOnFx, the vendor of NumberOne, from other developers is that SteadyOnFx is trying to make its EA viable or profitable enough in the live environment while many others don't care if their own EAs are viable with real live accounts or if their customers are actually making money using their EAs.
Ignoring customer's emails is a common conduct with so many developers out there, especially after they sold out enough number of copies. What makes things worse is many developers promote their products saying "hey, you gotta be hurry or this money making machine will be sold out soon!" It is obvious that they made pretty good money by selling their products, not by trading.
I bought NumberOne from SteadyOnFx because I found; they disclosed the stats of their live accounts; and they had been letting other traders try their products before the official release and those others seemed to be making money as well. So it was obvious that those live stats couldn't be fake and, also, the similar results can be achieved by others.
Some people say that the cost of the EA is too high. I don't deny such comments. Like I said in the previous comments, it's too early to judge anything with this EA. If the EA blows up your account, yes, it was waste of your money, but what if it traded splendidly well for you? Then you probably might think what you paid was more than worth. We'll find out.
I'm not too optimistic or pessimistic. Probably the biggest obstacle for this EA is the environment. When I was a news trader, I doubled my money every month, then all brokers started to shut the door to me. It can happen to any profitable traders or systems. In this forex jungle, many wise traders are already aware that to find a right broker is one of the toughest struggles, and it's almost a painful task.
But a good thing is SteadyOnFx is trying to explore this broker maze, and they also let their users openly discuss those things, which would have been quite tough if a trader has to struggle to find the way alone.
So I think that they become an IB with brokers is a healthy business conduct. This way, in order for them to keep getting stable income, helping their users, or providing profitable environment, becomes a part of their business. If they completely rely on one-time payment from purchasers, then just leaving customers behind is the easiest way. This relation is mutually beneficial for vendors and customers alike. When their customers are successful, they will start trading with bigger lots, which eventually brings the vendor steady source of income from IB rebates. Nobody hurts.
By the way, regarding the real outcome, NumberOne traded so well on both NFP and FOMC events recently, and most of its users seems to be happy with it so far. But I don't post my statement for now. Because it's just misleading. It's like an ordinary dubious vendor's catch.
Let's face reality. Showing a couple of good trades proves nothing. According to my backtest, the EA could take heavy losses somewhere in the course. Honestly, it may sound strange, but I would like to see it happen. I also would like to see how it recovers as well. When it survived, I can say that it's a real thing. When such a big drawdown happens, traders are also tested. I know many EA users threw away profitable EAs only after a couple of losses. I had done the same in the past, too.
So there will be many trials ahead. Could be fun, though. We'll see.
Ignoring customer's emails is a common conduct with so many developers out there, especially after they sold out enough number of copies. What makes things worse is many developers promote their products saying "hey, you gotta be hurry or this money making machine will be sold out soon!" It is obvious that they made pretty good money by selling their products, not by trading.
I bought NumberOne from SteadyOnFx because I found; they disclosed the stats of their live accounts; and they had been letting other traders try their products before the official release and those others seemed to be making money as well. So it was obvious that those live stats couldn't be fake and, also, the similar results can be achieved by others.
Some people say that the cost of the EA is too high. I don't deny such comments. Like I said in the previous comments, it's too early to judge anything with this EA. If the EA blows up your account, yes, it was waste of your money, but what if it traded splendidly well for you? Then you probably might think what you paid was more than worth. We'll find out.
I'm not too optimistic or pessimistic. Probably the biggest obstacle for this EA is the environment. When I was a news trader, I doubled my money every month, then all brokers started to shut the door to me. It can happen to any profitable traders or systems. In this forex jungle, many wise traders are already aware that to find a right broker is one of the toughest struggles, and it's almost a painful task.
But a good thing is SteadyOnFx is trying to explore this broker maze, and they also let their users openly discuss those things, which would have been quite tough if a trader has to struggle to find the way alone.
So I think that they become an IB with brokers is a healthy business conduct. This way, in order for them to keep getting stable income, helping their users, or providing profitable environment, becomes a part of their business. If they completely rely on one-time payment from purchasers, then just leaving customers behind is the easiest way. This relation is mutually beneficial for vendors and customers alike. When their customers are successful, they will start trading with bigger lots, which eventually brings the vendor steady source of income from IB rebates. Nobody hurts.
By the way, regarding the real outcome, NumberOne traded so well on both NFP and FOMC events recently, and most of its users seems to be happy with it so far. But I don't post my statement for now. Because it's just misleading. It's like an ordinary dubious vendor's catch.
Let's face reality. Showing a couple of good trades proves nothing. According to my backtest, the EA could take heavy losses somewhere in the course. Honestly, it may sound strange, but I would like to see it happen. I also would like to see how it recovers as well. When it survived, I can say that it's a real thing. When such a big drawdown happens, traders are also tested. I know many EA users threw away profitable EAs only after a couple of losses. I had done the same in the past, too.
So there will be many trials ahead. Could be fun, though. We'll see.
5.16.2012
NumberOne from SteadyOnFX
NumberOne is an extreme tick scalper that trades on EURUSD 1m chart. It trades like Million Dollar Pips, and some people even blame SteadyOnFx, the vendor of NumberOne, saying NO (NuberOne) is a hacked version of MDP.
Personally, it's not a big deal at all. Many early asian scalpers are under the influence of FapTurbo. Almost all rock'n roll musician are under the influence of Beatles. But who has ever beaten or made superior music than Beatles? Probably none. SteadyOnFx might have done it. They might have produced something better than MDP. They might have taken a basic trading concept from MDP, however, I believe that the coding and other essences are different, or I can at least say they implemented something different into the EA to make it work in an excellent manner.
I said "might" because I haven't fully witnessed their performance myself. I just confirmed they've been having winning history on myfxbook.
http://www.myfxbook.com/members/Lorenzo/numberone-impulsive-scalper/218855
And some other members are obviously making good money using it on their live accounts.
It's been a couple of weeks since I started using it live. So it's too early to say any comments about its real potential. As you can see from the stats above, some months are flat while other months are going up like crazy. So I guess it's gonna take at least three months for me to evaluate this EA.
So far I've noticed a couple of things. This EA needs user's attention. Not like Wallstreet Forex Robot that I'm currently using, you won't leave this EA hands-free. You must find a compatible broker and a VPS. Speed, or latency, is not the number one factor for this EA. FXPRIMUS is not so fast in terms of latency, but it seems to be working fine with them. You also have to constantly monitor its execution, slippage, and spreads. But I'm kind of having fun watching it and taking care of it.
Another noticeable thing is that SteadyOnFx is really open and supportive. Probably, in terms of support and care to customers, it's one of the best vendors I've ever come across. So I really would like to see the EA to work as the same as their live account.
Personally, it's not a big deal at all. Many early asian scalpers are under the influence of FapTurbo. Almost all rock'n roll musician are under the influence of Beatles. But who has ever beaten or made superior music than Beatles? Probably none. SteadyOnFx might have done it. They might have produced something better than MDP. They might have taken a basic trading concept from MDP, however, I believe that the coding and other essences are different, or I can at least say they implemented something different into the EA to make it work in an excellent manner.
I said "might" because I haven't fully witnessed their performance myself. I just confirmed they've been having winning history on myfxbook.
http://www.myfxbook.com/members/Lorenzo/numberone-impulsive-scalper/218855
And some other members are obviously making good money using it on their live accounts.
It's been a couple of weeks since I started using it live. So it's too early to say any comments about its real potential. As you can see from the stats above, some months are flat while other months are going up like crazy. So I guess it's gonna take at least three months for me to evaluate this EA.
So far I've noticed a couple of things. This EA needs user's attention. Not like Wallstreet Forex Robot that I'm currently using, you won't leave this EA hands-free. You must find a compatible broker and a VPS. Speed, or latency, is not the number one factor for this EA. FXPRIMUS is not so fast in terms of latency, but it seems to be working fine with them. You also have to constantly monitor its execution, slippage, and spreads. But I'm kind of having fun watching it and taking care of it.
Another noticeable thing is that SteadyOnFx is really open and supportive. Probably, in terms of support and care to customers, it's one of the best vendors I've ever come across. So I really would like to see the EA to work as the same as their live account.
5.10.2012
Cloud VPS
Have you ever heard of Cloud VPS? It's a new technology related to VPS. A couple of years ago, so-called Hyper-V servers has emerged. Hyper-V had been the most superior VPS out there as it allows completely isolated server resources for its users. So even if other users who consumed high volume resources, your resources are not affected.
Now Cloud VPS quickly route its data to other servers in the event of power outage or any trouble. It sounds too good to be true, but some VPS providers deploying this technology even give their clients 100% up-time guarantee.
Cloud VPS is relatively expensive, but I found a cheap one.
http://www.thehostingfolks.com/
Their server is fast and stable, and you can easily configure its resources. The cost is impressive. You pay about £40 only for Quad-core CPU and 4GB RAM. If you want Dual-core CPU and 1GB RAM, then you pay only about £18. For such a nice price, you can get Cloud VPS!
But do not expect to get excellent support. I've submitted support tickets couple of times, but all replies took several hours. Their support stuff are available only during UK business hours. So their statement, "24 hours manned support," is a lie. But for me, if the server doesn't go down, there's almost no need to contact support except some tiny issues like control panel operation or things like that.
Axi Turned to be Dubious
One of my most trusted broker, AxiTrader, has turned to be VERY DUBIOUS broker. Read the following thread carefully.
http://www.donnaforex.com/forum/index.php?topic=3346.0
They are gonna cancel your trades when you are profitable saying that there was an IT error. But the weird thing is they delete profitable trades only, leaving negative trades untouched. That's a BAD conduct.
Stay far away....
http://www.donnaforex.com/forum/index.php?topic=3346.0
They are gonna cancel your trades when you are profitable saying that there was an IT error. But the weird thing is they delete profitable trades only, leaving negative trades untouched. That's a BAD conduct.
Stay far away....
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