El Salvador the country, in Central America.It's a little hard to find on a map because we are so small! Regards,RobertQuote from: 3827 on August 10, 2012, 05:25:13 pmRobert, sorry for being naive here. Are you located in El Salvador the country, or, El Salvador Chile, or, El Salvador Cuba? Just curious, nothing much. I regarded you as one of the best in EA trading business.Cheers! Quote from: Forex_Envy on August 10, 2012, 04:48:05 pmHello,Our new server is not in El Salvador. We are using hostgator, mostly for their excellent support. I can call them anytime 24/7 and talk to someone that know what they are doing. I feel a dedicated server is superior to a VPS because we are the ONLY site on our server. A VPS will have multiple sites on each server. Trust me when I say it would be much less expensive for us to go with a VPS.Regards,Robert Quote from: Anchorpoint on August 10, 2012, 04:22:21 pmQuote from: Forex_Envy on August 10, 2012, 04:14:07 pmI think allowing for 5 days of possible server down time and having 2.1 as a server-less backup just in case El Salvador slides into the ocean and the entire Forex Envy Team is killed IS a fairly good contingency plan.Please understand that in the last couple of month we were demo testing 3.0, and we chose to change servers and run a lot of testing on our authentication system which caused down time. We were DEMO testing, so we should have the right to get our hands dirty and really do some quality testing and troubleshooting without members getting angry at us. If some of our members ignored our repeated warning NOT to go live with 3.0 and lost money do to some of the server switching and testing that is on them, not us.- Team EnvySo could you elaborate more specifically how is your current server setup? From your reply above it appears that your dedicated server is located in El Salvador right? Not very comforting for FE traders knowing that... sure El Salvador doesn't necessarily be as bad is it sounds, but why haven't you just made a bulletproof solution with any of the major VPS providers CNS, Beeks etc? That from customers viewpoint would have been seen considerably more reliable.
Robert, sorry for being naive here. Are you located in El Salvador the country, or, El Salvador Chile, or, El Salvador Cuba? Just curious, nothing much. I regarded you as one of the best in EA trading business.Cheers! Quote from: Forex_Envy on August 10, 2012, 04:48:05 pmHello,Our new server is not in El Salvador. We are using hostgator, mostly for their excellent support. I can call them anytime 24/7 and talk to someone that know what they are doing. I feel a dedicated server is superior to a VPS because we are the ONLY site on our server. A VPS will have multiple sites on each server. Trust me when I say it would be much less expensive for us to go with a VPS.Regards,Robert Quote from: Anchorpoint on August 10, 2012, 04:22:21 pmQuote from: Forex_Envy on August 10, 2012, 04:14:07 pmI think allowing for 5 days of possible server down time and having 2.1 as a server-less backup just in case El Salvador slides into the ocean and the entire Forex Envy Team is killed IS a fairly good contingency plan.Please understand that in the last couple of month we were demo testing 3.0, and we chose to change servers and run a lot of testing on our authentication system which caused down time. We were DEMO testing, so we should have the right to get our hands dirty and really do some quality testing and troubleshooting without members getting angry at us. If some of our members ignored our repeated warning NOT to go live with 3.0 and lost money do to some of the server switching and testing that is on them, not us.- Team EnvySo could you elaborate more specifically how is your current server setup? From your reply above it appears that your dedicated server is located in El Salvador right? Not very comforting for FE traders knowing that... sure El Salvador doesn't necessarily be as bad is it sounds, but why haven't you just made a bulletproof solution with any of the major VPS providers CNS, Beeks etc? That from customers viewpoint would have been seen considerably more reliable.
Hello,Our new server is not in El Salvador. We are using hostgator, mostly for their excellent support. I can call them anytime 24/7 and talk to someone that know what they are doing. I feel a dedicated server is superior to a VPS because we are the ONLY site on our server. A VPS will have multiple sites on each server. Trust me when I say it would be much less expensive for us to go with a VPS.Regards,Robert Quote from: Anchorpoint on August 10, 2012, 04:22:21 pmQuote from: Forex_Envy on August 10, 2012, 04:14:07 pmI think allowing for 5 days of possible server down time and having 2.1 as a server-less backup just in case El Salvador slides into the ocean and the entire Forex Envy Team is killed IS a fairly good contingency plan.Please understand that in the last couple of month we were demo testing 3.0, and we chose to change servers and run a lot of testing on our authentication system which caused down time. We were DEMO testing, so we should have the right to get our hands dirty and really do some quality testing and troubleshooting without members getting angry at us. If some of our members ignored our repeated warning NOT to go live with 3.0 and lost money do to some of the server switching and testing that is on them, not us.- Team EnvySo could you elaborate more specifically how is your current server setup? From your reply above it appears that your dedicated server is located in El Salvador right? Not very comforting for FE traders knowing that... sure El Salvador doesn't necessarily be as bad is it sounds, but why haven't you just made a bulletproof solution with any of the major VPS providers CNS, Beeks etc? That from customers viewpoint would have been seen considerably more reliable.
Quote from: Forex_Envy on August 10, 2012, 04:14:07 pmI think allowing for 5 days of possible server down time and having 2.1 as a server-less backup just in case El Salvador slides into the ocean and the entire Forex Envy Team is killed IS a fairly good contingency plan.Please understand that in the last couple of month we were demo testing 3.0, and we chose to change servers and run a lot of testing on our authentication system which caused down time. We were DEMO testing, so we should have the right to get our hands dirty and really do some quality testing and troubleshooting without members getting angry at us. If some of our members ignored our repeated warning NOT to go live with 3.0 and lost money do to some of the server switching and testing that is on them, not us.- Team EnvySo could you elaborate more specifically how is your current server setup? From your reply above it appears that your dedicated server is located in El Salvador right? Not very comforting for FE traders knowing that... sure El Salvador doesn't necessarily be as bad is it sounds, but why haven't you just made a bulletproof solution with any of the major VPS providers CNS, Beeks etc? That from customers viewpoint would have been seen considerably more reliable.
I think allowing for 5 days of possible server down time and having 2.1 as a server-less backup just in case El Salvador slides into the ocean and the entire Forex Envy Team is killed IS a fairly good contingency plan.Please understand that in the last couple of month we were demo testing 3.0, and we chose to change servers and run a lot of testing on our authentication system which caused down time. We were DEMO testing, so we should have the right to get our hands dirty and really do some quality testing and troubleshooting without members getting angry at us. If some of our members ignored our repeated warning NOT to go live with 3.0 and lost money do to some of the server switching and testing that is on them, not us.- Team Envy
Quote from: kwchau on August 10, 2012, 02:45:55 pmQuote from: BearBull on August 10, 2012, 02:25:42 pmQuote from: kwchau on August 10, 2012, 02:16:33 pmI have checked, my Xemarket account is a micro account with 1 lot =1000. So the minimum should be $180. What if I put in $3000 or $5000 as capital, what amount will be the settings based on ?3.0 has a funding range for Pico Accounts (1,000 Units and MinLot 0.01) of between $180 and $2.2k.Above $2.2k the ROI will drop as the Balance grows because of the Max100 set file limit of the 3.0 Server.At around $1.8k you need to move to a Nano Broker (10,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $1.8k to $22k.At around $18k you need to move to a Micro Broker (100,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $18k to $220k.Anybody has a recommendation for a good Nano broker ?IBFx, InstaForex are 2 that come to mind??Doing some Live testing with Insta.Gertje's PAMM with Insta is going like a Rocket.See link in the above post.
Quote from: BearBull on August 10, 2012, 02:25:42 pmQuote from: kwchau on August 10, 2012, 02:16:33 pmI have checked, my Xemarket account is a micro account with 1 lot =1000. So the minimum should be $180. What if I put in $3000 or $5000 as capital, what amount will be the settings based on ?3.0 has a funding range for Pico Accounts (1,000 Units and MinLot 0.01) of between $180 and $2.2k.Above $2.2k the ROI will drop as the Balance grows because of the Max100 set file limit of the 3.0 Server.At around $1.8k you need to move to a Nano Broker (10,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $1.8k to $22k.At around $18k you need to move to a Micro Broker (100,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $18k to $220k.Anybody has a recommendation for a good Nano broker ?
Quote from: kwchau on August 10, 2012, 02:16:33 pmI have checked, my Xemarket account is a micro account with 1 lot =1000. So the minimum should be $180. What if I put in $3000 or $5000 as capital, what amount will be the settings based on ?3.0 has a funding range for Pico Accounts (1,000 Units and MinLot 0.01) of between $180 and $2.2k.Above $2.2k the ROI will drop as the Balance grows because of the Max100 set file limit of the 3.0 Server.At around $1.8k you need to move to a Nano Broker (10,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $1.8k to $22k.At around $18k you need to move to a Micro Broker (100,000 Unit Lots and MinLot 0.01) which can support MaxLot 100.Then the Funding Range is $18k to $220k.
I have checked, my Xemarket account is a micro account with 1 lot =1000. So the minimum should be $180. What if I put in $3000 or $5000 as capital, what amount will be the settings based on ?
As far as the PAMM, I can't tell you who to go with because we have our own Power PAMM with Synergy, so I would of course say our PAMM is the best -Team Envy
Hello Robert,So this account: http://www.myfxbook.com/members/ForexEnvy/forex-envy-power-edition/286534 is now running from the server?Thanks!
Hi Robert,Good to see you here and sorry to hear about your less than perfect vacation.As you may already know, I'm a very vocal critic of the fact that the EA is server dependent. I'm also a very very big fan of the EA's performance.Since I put 3.0 on my live account it's been Christmas every morning! Anyway, now that you are here and responding, I made many points about why the EA should not be server independent and that all the logic should be built into the EA itself.I totally respect and want you to protect your intellectual property, so I'm all for authentication. I also respect the subscription model.However, I think there are many ways where you can achieve your goals AND have a server independent EA.Never heard your thoughts on this very hot topic that would flare up every time the server went down.Yes, it was beta and you did tell us not to use the EA on live accounts.. but this is about the architectural and business philosophy of FE not about any one specific incident.Would love to hear your thoughts..Regards,
Quote from: Forex_Envy on August 10, 2012, 05:35:44 pmAs far as the PAMM, I can't tell you who to go with because we have our own Power PAMM with Synergy, so I would of course say our PAMM is the best -Team EnvyBesides investing in BB's and possibly Gertges PAMM I had hoped to put some money in your Power PAMM. I then found out that your broker Synergy does not accept residents of British Columbia, Canada. Didn't realize we are a 'terrorist state'! (Actually I think it's because of the lousy securities regulators here.)So if you do another power PAMM I hope you will consider Pepperstone or IC Markets. They both take us BC folks.Also very sorry to hear of your documents theft and the broken rib. Ouch on both! Hope you heal soon, Robert.Thanks,Rod
Hello,The Eurica vs Standard Instaforex debate boils down to this.If you are using the Power settings for the EURUSD Short Cycle you will have a fixed basket take profit of 18 pips. If you are using the Eurica account you WILL hit your TP before the Standard account, however the standard account will make more profit because no commission is charged. I can accomplish the same thing with a standard account if I lower the TP from 18 pips to 15 pips. This means both the Eurica and the Standard account will achieve their TP at the same time with the same amount of profit after commission is taken into account.
Quote from: Forex_Envy on August 10, 2012, 05:35:44 pmHello,The Eurica vs Standard Instaforex debate boils down to this.If you are using the Power settings for the EURUSD Short Cycle you will have a fixed basket take profit of 18 pips. If you are using the Eurica account you WILL hit your TP before the Standard account, however the standard account will make more profit because no commission is charged. I can accomplish the same thing with a standard account if I lower the TP from 18 pips to 15 pips. This means both the Eurica and the Standard account will achieve their TP at the same time with the same amount of profit after commission is taken into account. I think the latter is probably not correct, because the main difference will be, that they will not achieve their TP at the same time, which should result in slightly different baskets after some time, because Eurica should start the new basket when the last one on Standard is still open ... at least that would be my expectation. Eurica should achieve the TP earlier and because of that should behave differently in the long run. Profitability would be reduced because of commission of course. So the interesting question would be, if Eurica can compensate for the commission with a higher basket frequency. I would however expect Eurica to be slightly safer because it can reach the TP easier than on Standard.Maybe I'll try it, but I wanted to switch from IF cent to IF standard next ... not sure if I want to use that for the test. Thinking about it ...
http://www.myfxbook.com/members/ForexEnvy/forex-envy-official-power-pamm/363743This is our Synergy PAMM account. We just started trading a few days ago. We have almost 3% growth so far. Still a long ways to go.I will look into a second PAMM with IC Markets. Too bad Synergy is not allowing BC clients...Regards,RobertQuote from: nwboater on August 10, 2012, 06:02:09 pmQuote from: Forex_Envy on August 10, 2012, 05:35:44 pmAs far as the PAMM, I can't tell you who to go with because we have our own Power PAMM with Synergy, so I would of course say our PAMM is the best -Team EnvyBesides investing in BB's and possibly Gertges PAMM I had hoped to put some money in your Power PAMM. I then found out that your broker Synergy does not accept residents of British Columbia, Canada. Didn't realize we are a 'terrorist state'! (Actually I think it's because of the lousy securities regulators here.)So if you do another power PAMM I hope you will consider Pepperstone or IC Markets. They both take us BC folks.Also very sorry to hear of your documents theft and the broken rib. Ouch on both! Hope you heal soon, Robert.Thanks,Rod
Quote from: Forex_Envy on August 10, 2012, 07:03:55 pmhttp://www.myfxbook.com/members/ForexEnvy/forex-envy-official-power-pamm/363743This is our Synergy PAMM account. We just started trading a few days ago. We have almost 3% growth so far. Still a long ways to go.I will look into a second PAMM with IC Markets. Too bad Synergy is not allowing BC clients...Regards,RobertQuote from: nwboater on August 10, 2012, 06:02:09 pmQuote from: Forex_Envy on August 10, 2012, 05:35:44 pmAs far as the PAMM, I can't tell you who to go with because we have our own Power PAMM with Synergy, so I would of course say our PAMM is the best -Team EnvyBesides investing in BB's and possibly Gertges PAMM I had hoped to put some money in your Power PAMM. I then found out that your broker Synergy does not accept residents of British Columbia, Canada. Didn't realize we are a 'terrorist state'! (Actually I think it's because of the lousy securities regulators here.)So if you do another power PAMM I hope you will consider Pepperstone or IC Markets. They both take us BC folks.Also very sorry to hear of your documents theft and the broken rib. Ouch on both! Hope you heal soon, Robert.Thanks,RodRobert,Thanks very much for considering a PAMM with IC Markets.One reason I'm considering investing in PAMM's instead of running my own accounts with FE (which I own BTW) is the hope that the PAMM owner may stand a better chance of saving the account at troubling times than I would.So my question is: Will you manually intervene in the account to save it if it looks like it may need that?Thanks,Rod
I have a $1100 micro live account on Trading Point. This has been doing very well, going up from $400 since early June on HV settings and following FE weekly recommendations on short cycles. I have just started to put Version 3 on, beginning with EURUSD, but get the message that the account balance is below the amount required, for both Mode 1 and Mode 5. Has anyone else had this issue? It seems strange to me that I would now need a minimum of $1800 (?), if all has been working well to date. I have also sent a message to FE Support. If I do need a minimum of $1800 (?), I will just keep using 2.2 until I get there.Cheers, and hope you recover well, Robert.
Subscribe to our weekly newsletter... (we do not send out those spammy email ads, I promise!)
We respect your email privacy
Author
Topic: Forex Envy (Read 478076 times)
Recent Posts
