It had to happen. Someone finally purchased my FX Power Hedge System (www.FXPowerHedge.com), and they have made an EA (Expert Advisor). But, not only have they made an EA robot to attempt to trade my system, they even set up their website to sell it for a whopping $600 or more!!!! (I sell my MANUAL system for $29.99, and the ONLY way to make my mathematics based system is manual trading. It doesn't work as an EA!)
Here's the other thing about these new EA scammers ripping off my FX Power Hedge System. They are actually using a lot of my own exact language from my blog entries, website and many support e-mails I send to every purchaser who has questions as they work to achieve high profitability trading my FX Power Hedge System.
SO HERE IS THE TRUTH ABOUT THE SCAM EA GUYS...
I have an EA. I actually have two EA's created by different people, but they do NOT work! The reason is that the mathematics required to make consistent profits cannot be handled (at present) by Expert Advisor (EA) program technology. SO THE EA BEING SOLD ON THE MARKET IS VERY SIMILAR TO WHAT I ALREADY HAVE IN MY POSSESSION AND REFUSE TO SELL -- BECAUSE IT DOES NOT WORK!!!!
This is most frustrating to me, cause these guys have not only scammed me by ripping off my system but they are scamming people with MY OWN MATHEMATICAL APPROACH TO FOREX! It's really frustrating and I'm very angry.
My biggest thing is that I just want to warn you. There isn't ONE SINGLE EA that produces consistent results. NONE WORK! The reason is that Expert Advisors function primarily in a predictive manner. They seek to capture profits via predicting (electronically and usually by scalping) -- they predict movement.
The problem with automating my system is that the FX Power Hedge does NOT attempt to predict the future. It uses real time data to make profits, and this requires a human being to execute the system. Yes, there are some mathematical functions that we have automated and that we provide when people purchase my system.
You don't have to manually perform all the calculations I did for years when I first developed the system myself.
It involves principles of statistical probability, causal effect, law of independent events...some quantum physics mathematical principles first pioneered by Albert Einstein and Neils Bohr in their early work. But with the auto calculators I provide you, all data is available after entering buy and sell numbers and a single click of the mouse.
THIS IS STILL A LEVEL OF MATHEMATICS WHICH CANNOT BE BUILT INTO AN EA!
While we have a documented 97% success ratio on all trades with the FX Power Hedge, you still have a 3% risk of failure. What these EA marketers out there scamming people with my system are NOT telling you is that an EA will REDUCE these odds of success. I can actually increase statistical probability of success on every single trade to 100% manually, but those settings do NOT work in an EA.
It is more complex than I can explain myself. I don't build EA's.
I can only tell you that I have FOUR software engineers working now on what "might" be AI software which could run in the background and feed information to a conventional EA -- and that might work according to what they are telling me. The calculations would at least then be built into a software program robust enough to handle what's needed to make this consistently profitable. An EA is a very primitive piece of software, and it's basically a plug and play kind of deal where you put in some fixed variables. It will not accommodate the complex mathematics and "real time" adjustments needed to achieve consistent profitability with my FX Power Hedge System (www.FXPowerHedge.com).
So, I am NOT going to identify these guys. I don't want to get into a lawsuit. I was simply informed by an FX Power Hedge Trader who does forex now for a living thanks to my system...he told me yesterday about these guys, and also expressed his concerns that it might smear my name and the power hedge system. Well, he's right. I have the same concerns. I have worked hard to maintain the credibility of this system.
I AM NOT ASSOCIATED IN ANY WAY WITH ANY EX THAT TRADES THE MATHEMATICS BASED POWER HEDGE SYSTEM I NOW SELL UNDER THE COPYRIGHT PROTECTED "FX POWER HEDGE" NAME.
DO NOT FOR ANY MOMENT BELIEVE PROMISES MADE BY ANYONE SELLING AN EA THAT THESE ARE ASSOCIATED WITH MY SYSTEM. I DO NOT HAVE AN EA THAT WORKS.
IF I EVER DO GET AN EA (LIKELY WITH SOFTWARE LINKED AND RUNNING IN BACKGROUND), I WILL (1) GIVE IT FOR FREE TO EVERYONE WHO HAS ALREADY PURCHASED THE FX POWER HEDGE SYSTEM (WWW.FXPOWERHEDGE.COM), AND (2) I WILL IDENTIFY IT AS AUTHENTIC "FX POWER HEDGE" FROM "SPARKS, IQ141".
Anything else is NOT going to work. I'm sorry to burst the bubble. But if you see an EA out there on the web that promises profits using the mathematics I have developed (and that replace predictive technical and fundamental analysis, which is forever flawed because it seeks to do the impossible -- predict the future) -- do not trust that EA. It's not me. Not unless it has my name attached to it: Sparks, IQ141
Sorry I have to break bad news for people seeing these guys with a scam EA out there associated with my power hedge mathematics. Just had to let you know there's a scammer created every minute. I feel like these guys are the same people who want to sell you a MacBook Pro made in China for just $300 -- and, oh by the way, send only a Western Union payment. LOL -- man. I am disappointed in humanity. So many people believe we are all suckers. But I guess it's sadly too often true. As human beings, we are eternally hopeful creatures.
I will just promise you that I'll always try to be honest about my system. I'll always answer questions to anyone who purchases my system. And I will NEVER sell or allow to be sold under my name any automation or EA that does NOT work to produce CONSISTENT profits.
So beware. All I can do is warn you about this one. If I can find a way to shut down these EA scammers, I will do it. Meanwhile, beware. THERE IS NO FX POWER HEDGE EA IN EXISTENCE. NO EA TO DATE (TO MY KNOWLEDGE) WORKS TO PRODUCE CONSISTENT PROFITS LONG TERM. PERIOD. I HAVE NOT SEEN ONE EA THAT DOES IT.
Sparks
IQ141
Tuesday, December 8, 2009
Friday, December 4, 2009
Forex Profits With FX Power Hedge - Day One
I will keep this brief, but I was amazed at the comment sent to me by a brand new trader yesterday. He said, "I want to thank you for this amazing system. I have been trading forex and losing money for six months. My cash account was down to $60, and then I discovered your system on the Internet. I bought it and just figured I would give it a try on my account. If I lost $60, so what. I have been losing money for months. But I started WINNING trades and I have now doubled my account! Thanks, Sparks! I thought every system out there was a scam. This works. I will keep trading. Sorry I did not do a demo like you ask...I just didn't see the point in worrying about the $60 left in my account. I had gotten used to losing. It feels SOOOOO good to WIN trades and win them all so far."
This is NOT the usual story. In today's market (which is different from when I started using this system in 2006 - 2007) there is a LOT of consolidation, which means a lot of sideways movement. But, with the settings provided to you with the auto-calculators and other information you get with my system (www.fxpowerhedge.com), you should make profits from the start. I just know that a lot of people who purchase my system are NOT already familiar with forex, so I ask that you trade in demo mode for 30 days.
If you are a veteran forex trader, you can likely use my system on your cash account the first day. It is not that complex, despite the intricate mathematics of statistical probability, causal effect and law of independent events that are the foundation of all calculations. With the auto-calculators, you don't have to do the math I used to do with a complicated formula when I started. Every stop and limit is calculated for you, so you "trap" currencies within a certain price range from which they cannot escape without giving you profits. Even on a bad day (yesterday for some other traders), they reported to me that they were winning 95% of all trades. The normal winning percentage is 97% or higher documented in live testing over three years.
So congratulations on this new trader who "saved" his $60 account and is on the way to multiplying it every few days. I'm impressed he did so much in so little time with such a small account. This is just the power of the FX Power Hedge.
If you are new to this blog, be sure to scroll down and read other posts about the mathematics, etc.
I think there is also a post on the no stop/no limit method of implementing this system as an indicator -- not just the set it/forget it mode that is taught as the basic way to use my FX Power Hedge forex system. So, now with two ways to earn profits using the same system, there is no stopping the traders who learn it, use it, and make make money.
Peace and Prosperity.
Sparks
This is NOT the usual story. In today's market (which is different from when I started using this system in 2006 - 2007) there is a LOT of consolidation, which means a lot of sideways movement. But, with the settings provided to you with the auto-calculators and other information you get with my system (www.fxpowerhedge.com), you should make profits from the start. I just know that a lot of people who purchase my system are NOT already familiar with forex, so I ask that you trade in demo mode for 30 days.
If you are a veteran forex trader, you can likely use my system on your cash account the first day. It is not that complex, despite the intricate mathematics of statistical probability, causal effect and law of independent events that are the foundation of all calculations. With the auto-calculators, you don't have to do the math I used to do with a complicated formula when I started. Every stop and limit is calculated for you, so you "trap" currencies within a certain price range from which they cannot escape without giving you profits. Even on a bad day (yesterday for some other traders), they reported to me that they were winning 95% of all trades. The normal winning percentage is 97% or higher documented in live testing over three years.
So congratulations on this new trader who "saved" his $60 account and is on the way to multiplying it every few days. I'm impressed he did so much in so little time with such a small account. This is just the power of the FX Power Hedge.
If you are new to this blog, be sure to scroll down and read other posts about the mathematics, etc.
I think there is also a post on the no stop/no limit method of implementing this system as an indicator -- not just the set it/forget it mode that is taught as the basic way to use my FX Power Hedge forex system. So, now with two ways to earn profits using the same system, there is no stopping the traders who learn it, use it, and make make money.
Peace and Prosperity.
Sparks
Wednesday, December 2, 2009
What the FX Power Hedge Is, And Is Not
I had a painful and frustrating exchange via e-mail yesterday with a guy who insisted my system, the FX Power Hedge (www.fxpowerhedge.com) does not work. I'm not going to mention his name, cause there is no need to perpetuate the problem. But I was frustrated myself cause the guy had purchased the system and literally jumped into a demo, screwed something up within a matter of 48 hours after getting the FX Power Hedge, and then adamantly insisted to me that the system does not work. "It's a scam. You're a fraud," he proclaimed. It was the painful frustration of a very impatient, angry person.
Here's the deal as truthfully as I can tell you. The FX Power Hedge is a mathematics based system that earns profits by effectively trapping currencies within a price range documented to be 97% successful in producing profits. Now, this is NOT simple math to calculate. It involves some precision and is based on a formula I developed in 2006...all based on principles of statistical probability, causal effect and the law of independent events.
To work my system, you also need to learn a bit about forex basics (how to enter stops and limits, open trades, work a basic MT4 platform, etc.). But, at the same time, this is NOT rocket science.
With every purchase, I not only provide a host of my own charts documenting success of the system, but I also provide everyone who purchases auto calculators that eliminate the need to do the math calculations yourself. All you do is enter the Buy Open price you paid for the buy, and then enter the Sell Open price you paid for the sell. Then you activate the auto calculator with a single click, and you get the properly calculated stops and limits, which you then enter into the existing trades and this become the power hedge that effectively "traps" the currency so that it does not escape without giving you a profit.
It's that simple. Yet, this guy (and he is the FIRST and ONLY guy in three years to get this hacked off at me)...he was insistent that my system did not work. It was both insulting and frustrating to me cause I kept asking if he would try the system with my assistance. He said he "had already lost in his demo account and refused to try again." He claimed I did not answer a question he asked. In fact, his question had nothing to do about the FX Power Hedge System. It was a question related to how to work an MT4 platform. A forex basic the guy needed to learn from the broker via chat or just search on Google and learn how to enter trades, how a hedge works...that kind of thing. Again, very frustrating to me cause I am not here to teach people how to work broker software or understand forex trading itself. I provide free support and answer all questions that relate to the FX Power Hedge System.
If you need to learn forex, ANY broker will teach you. They WANT your business and they'll help you learn how to properly enter trades, stops and limits, etc.
Not to mention, after a grand total of about two weeks, this fellow was upset cause he had lost money in a DEMO account. For the uninitiated, that's NOT cash. That's play money on a demo platform you can download from any major broker. We recommend One Corp FX (www.onecorpfx.com) in the United States (where you can still hedge despite the NFA), or FX Pro in the UK (www.fxpro.com). Both of these brokers will help you. You can also learn a ton of forex basics from brokers like Forex.com, FXCM.com...there are a ton of them out there who will teach you the basics of working their identical MT4 platforms no charge.
For everyone getting into my system in TODAY'S highly consolidated market (which is a bit more difficult in which to make profits than the market we enjoyed when I developed this system in 2006 and 2007...I recommend that everyone practice in demo mode for a week to 30 days. I simply want people to NEVER lose money because they made a mistake or did not understand how to work my system.
It is documented to work. When you purchase you get charts showing that it works and works consistently to produce exceptional profits on a disgustingly consistent basis. But I cannot come to your home, and enter the data variables for you to assure you're using the MT4 trading platform and tools I've provided you properly. So people CAN screw up. For goodness sake, I was sick with H1N1 last month, and I screwed up a trade by closing out the WRONG side of a hedge. I lost several thousand dollars in about two hours cause I just didn't comprehend what I had screwed up. I also walked away from the computer to lay down while I "thought" profits were adding up.
This gets into another evolution of my system...the no stop/no limit methodology...but that is something you should only attempt after a few weeks of fixed stop/limit trading, or if you have been trading forex already for a couple years.
I guess I'm just writing cause I'm frustrated. I don't like people thinking I'm not for real. I'm an actual human being. I have helped a lot of people. And, to quote a guy who sent me an e-mail two days ago, "I thought every forex system out there was a scam. God led me to your system somehow, and now I'm making money. I've been trading forex for four years, and this is the first system I've ever seen that works."
I get those kind of e-mails several times a week. Sometimes it is the veteran forex trader who's already bought every scam EA that does NOT work. (My system is NOT an EA...it's manual trading where you have to really pay attention to every stop and limit entered and must calculate manually -- at least so far. No one has been able to develop an EA that is sophisticated enough to handle this math.) So it's manual trading, but EVERYONE gets it.
So I guess I reached a milestone yesterday. My first unhappy customer in three years. Dude, if you are reading this, I hope you will just calm down and realize the opportunity of a lifetime that is before you right now. Yes, the FX Power Hedge requires patience. Yes, you can make a LOT of money VERY fast. But, you MUST know what you are doing and execute the system flawlessly. No doubt, there is ZERO margin for error. But the profits? They are immense and based on principles of statistical probability and causal effect, profits are also almost inescapable. All you have to do is execute the system properly.
I will also offer that investing in forex is risky. You can lose all the money you invest. You should never invest money you can't afford to lose. All the legal disclaimers have to be disclosed, but they're on my website: www.fxpowerhedge.com.
If you purchase my system, do it ONLY if you are committed to being emotionally calm, cool, and logic oriented. Forex is NOT a market to get into if you are hot headed, emotional and hoping to make millions without doing any work. You WILL have to learn the system. I contend it is NOT difficult and most people can get it within hours. But, hey, not EVERYONE comprehends things like this at the same level or in the same time period. So, just to ease my own mind, you really need to think about whether or not you are ready for Forex before thinking about buying my FX Power Hedge System. Clearly, based on the ONE guy from yesterday, it is not for everyone.
Here's the deal as truthfully as I can tell you. The FX Power Hedge is a mathematics based system that earns profits by effectively trapping currencies within a price range documented to be 97% successful in producing profits. Now, this is NOT simple math to calculate. It involves some precision and is based on a formula I developed in 2006...all based on principles of statistical probability, causal effect and the law of independent events.
To work my system, you also need to learn a bit about forex basics (how to enter stops and limits, open trades, work a basic MT4 platform, etc.). But, at the same time, this is NOT rocket science.
With every purchase, I not only provide a host of my own charts documenting success of the system, but I also provide everyone who purchases auto calculators that eliminate the need to do the math calculations yourself. All you do is enter the Buy Open price you paid for the buy, and then enter the Sell Open price you paid for the sell. Then you activate the auto calculator with a single click, and you get the properly calculated stops and limits, which you then enter into the existing trades and this become the power hedge that effectively "traps" the currency so that it does not escape without giving you a profit.
It's that simple. Yet, this guy (and he is the FIRST and ONLY guy in three years to get this hacked off at me)...he was insistent that my system did not work. It was both insulting and frustrating to me cause I kept asking if he would try the system with my assistance. He said he "had already lost in his demo account and refused to try again." He claimed I did not answer a question he asked. In fact, his question had nothing to do about the FX Power Hedge System. It was a question related to how to work an MT4 platform. A forex basic the guy needed to learn from the broker via chat or just search on Google and learn how to enter trades, how a hedge works...that kind of thing. Again, very frustrating to me cause I am not here to teach people how to work broker software or understand forex trading itself. I provide free support and answer all questions that relate to the FX Power Hedge System.
If you need to learn forex, ANY broker will teach you. They WANT your business and they'll help you learn how to properly enter trades, stops and limits, etc.
Not to mention, after a grand total of about two weeks, this fellow was upset cause he had lost money in a DEMO account. For the uninitiated, that's NOT cash. That's play money on a demo platform you can download from any major broker. We recommend One Corp FX (www.onecorpfx.com) in the United States (where you can still hedge despite the NFA), or FX Pro in the UK (www.fxpro.com). Both of these brokers will help you. You can also learn a ton of forex basics from brokers like Forex.com, FXCM.com...there are a ton of them out there who will teach you the basics of working their identical MT4 platforms no charge.
For everyone getting into my system in TODAY'S highly consolidated market (which is a bit more difficult in which to make profits than the market we enjoyed when I developed this system in 2006 and 2007...I recommend that everyone practice in demo mode for a week to 30 days. I simply want people to NEVER lose money because they made a mistake or did not understand how to work my system.
It is documented to work. When you purchase you get charts showing that it works and works consistently to produce exceptional profits on a disgustingly consistent basis. But I cannot come to your home, and enter the data variables for you to assure you're using the MT4 trading platform and tools I've provided you properly. So people CAN screw up. For goodness sake, I was sick with H1N1 last month, and I screwed up a trade by closing out the WRONG side of a hedge. I lost several thousand dollars in about two hours cause I just didn't comprehend what I had screwed up. I also walked away from the computer to lay down while I "thought" profits were adding up.
This gets into another evolution of my system...the no stop/no limit methodology...but that is something you should only attempt after a few weeks of fixed stop/limit trading, or if you have been trading forex already for a couple years.
I guess I'm just writing cause I'm frustrated. I don't like people thinking I'm not for real. I'm an actual human being. I have helped a lot of people. And, to quote a guy who sent me an e-mail two days ago, "I thought every forex system out there was a scam. God led me to your system somehow, and now I'm making money. I've been trading forex for four years, and this is the first system I've ever seen that works."
I get those kind of e-mails several times a week. Sometimes it is the veteran forex trader who's already bought every scam EA that does NOT work. (My system is NOT an EA...it's manual trading where you have to really pay attention to every stop and limit entered and must calculate manually -- at least so far. No one has been able to develop an EA that is sophisticated enough to handle this math.) So it's manual trading, but EVERYONE gets it.
So I guess I reached a milestone yesterday. My first unhappy customer in three years. Dude, if you are reading this, I hope you will just calm down and realize the opportunity of a lifetime that is before you right now. Yes, the FX Power Hedge requires patience. Yes, you can make a LOT of money VERY fast. But, you MUST know what you are doing and execute the system flawlessly. No doubt, there is ZERO margin for error. But the profits? They are immense and based on principles of statistical probability and causal effect, profits are also almost inescapable. All you have to do is execute the system properly.
I will also offer that investing in forex is risky. You can lose all the money you invest. You should never invest money you can't afford to lose. All the legal disclaimers have to be disclosed, but they're on my website: www.fxpowerhedge.com.
If you purchase my system, do it ONLY if you are committed to being emotionally calm, cool, and logic oriented. Forex is NOT a market to get into if you are hot headed, emotional and hoping to make millions without doing any work. You WILL have to learn the system. I contend it is NOT difficult and most people can get it within hours. But, hey, not EVERYONE comprehends things like this at the same level or in the same time period. So, just to ease my own mind, you really need to think about whether or not you are ready for Forex before thinking about buying my FX Power Hedge System. Clearly, based on the ONE guy from yesterday, it is not for everyone.
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