Crash at Jade FX
September 30th, 2009
I’ve been out of town since last monday. In the meantime my JadeFX account have plummeted from $929 to $518. Not to funny when logging into the VPS from Irkutsk, Russia where I am now. Seems that S/Ls have hit all the EAs on the account the same nights (MD Pro, Forex Shocker and FAP Turbo). I don’t have time to check the settings right now, which is bothersome.
The Alpari UK account was also hit by the stop losses, but not as bad.
Seems I should have just stayed home…
My demo on JadeFX got nailed hard with MDPro SL’s. Glad it wasn’t live money…sorry to hear that bud.
On the bright side, looks like Forex Bling is introducing its new scalper and breakout soon, and enhancing the current EAs as well. It’s a good service, very customer-oriented and “real” vs. all the crap we have out these days.
I’m down to $366 now, from the high of $929 (deposit $500). Now I’m in Beijing and perhaps I will actually have time to see what has happened over the weekend. We’ll see, not much to save anymore…
I’ll have to read up on Forex Bling also, been living in a tent the last week in the wilderness of Mongolia, just got back to civilization.
Newcomer here. What VPS do you use, is it dedicated and where is it located?
Thanks
If Fap Turbo could really generate huge profits, everyone would be using it. I’m very skeptical of any trading robot sold to the public for such a low price…
@newschool
Sorry for the very late reply, I had over 500 comments to sift thru (of which 499 was spam basically…).
I use the VPS offered by JadeFX themselves for this account. It has a latency of <1ms to the trade server and have performed very good for me the last months. I think it is $27 a month.