Aug 13, · The website Forex Peace Army is a scam, if you Google "Forex Peace Army Scam" you will see the owner is a criminal who goes around the Internet slandering other traders, and on his own board he slanders them and he makes posts using fake IP addresses under fake names to make it appear as if there are traders on his board who are trading the. He has the reputation of a fraudster with the aim to make easy money from the following machinations: blackmail of Forex companies, and sale of false trading signals. The first source of his income is Forex Peace Army online project. Jul 23, · Is Forex Peace Army a BIG SCAM??? Commercial Content. Agreed. I've came across many articles about Felix (i think that was the name of the site owner/operator) and how FPA is nothing but an operation to deceive people.
The Airforce Vs. The Army 3 replies. Hi Happy Trader, Thanks for your replies and time. Now final 2 questions to clear my mind. Now the dates being mentioned in these Trade Tracker represents Date of Open Trade or Date at which these trades are closed. Also could you tell me as how long do you normally keep a trade open on an average basis. While most of these comments seems to be favouring your services, I am more inclined to know if these words are true as mentioned below.
Signed up a while ago but although people seemed to be making pips I didn't like the trading Style, large stops was a big issue for me. I got slighly confused with his notepad of open trades where there was draw down of many 's pips. Not quite sure what was happening but it wasn't for me.
Recently closed a JPY trade for a small 40 pip gain but not before the trade went pips" While I evaluated from these reviews is the fact that your trades can give results only after big DD and I am sure you manage to keep these trades open forex peace army scam because you intend to open smaller lot-size in these forex peace army scam thereby applying proper MM in a way that the risks are forex peace army scam effectively.
If that is so then a gain of forex peace army scam pips in a month with low exposure to cover for the risks associated with bigger DD may not forex peace army scam the cause of earning potential as the traders are always exposed to the risks of higher DD pips as mentioned in one of the reviews on FPA and that does not permit to trade sufficient lot-size if not many. This was the reason why I asked you to be specific in terms of average SL that you apply to your trades and your reply to me regarding the same was not very clear, I am sorry about not understanding what your average SL on these trades are.
Like in my case, I use avergae SL of 30 to 40 pips and I am specific about that. Is it going to be 50 pips, forex peace army scam, pips, pips or no stops at all. I am asking because I want to know if I am prepared to take that kind of risk and at the same time if I am lowering my risks by taking lesser lot-size, am I really going to generate income?
These are questions I must have an answer for before I commit myself to availing your services. Hope the intent of this e-mail to you is clear and you may help in resolving my confusions towards certain aspects of your services I am not able to understand. I have gone through your website and find your services attractive. However I have few questions before I could plan to join you finally. I am full time forex trader and I trade fo living. However it is just that I want to grow on my skills, I thought of joining this group.
My questions are as listed below. I mean I just want to know whether I am prepared to take every signal or not. The idea is I want to test your system for each and every signal else I won't have an idea of practically applying it to real time scenario. So, I just want to know my preparation time, forex peace army scam, hence this question. In other words, I am asking about the maximum heat you are prepared to take on a trade, forex peace army scam.
Assuming that I have my account balance as USD to begin with. Now consider you are in the same trade with obviously bigger account size and the trade goes against by 80 pips and then reversing in your favour for 37 pips. Due to your bigger account size, you are allowed to keep the trade open whereas for me it is closed.
Ultimate result is profit for you and loss for me. I am just wondering if that is the way you mark all your trades successful and count them at the end of the month as pips earned.
I am also anxious to know how could you get 1 pip profit on few trades as shown on your website, maybe BE, forex peace army scam. In all cases don't you think it would be good idea to speak about how many pips of SL you have put so far while trading on an average. This will allow traders to decide what lot-size they can trade thereby limiting the max.
This transparency is required as it helps in determinig the lot-size. I hope I am able to put my point convincingly. Also do you add to positions for a winning trade? I know these questions maybe irritating but it serves the purpose of identifying the truely dedicated and committed service and I am looking for value for my money like everyone else as I got cheated with some hyped results and committment as adverstised by some of the service providers and hence I thought of learning on my own than depending on someone else.
However this is a long procedure and does not allow me to do that as I said before, I trade for my and my family living. So finding a good service is inevitable and you are on my list.
You look good as I have read the reviews on FPA, but I want to know the answers for the questions asked above before I join you. Hope that makes my intentions clear and reasonable.
Will be pleased to see your replies as soon as possible to make up my mind. Options Search. Exit Attachments. First Post : Jun 17, am Jun 17, am. Commercial Member Joined Jun Posts. Well Traders, I am not sure if FPA really filter the reviews being posted on their website, forex peace army scam, especially the negative ones.
For me, I seem to have lost my confidence in their reviews as it looks to me manipulated and biased. I just wonder if anyone else has the same experience. I sent this guy an e-mail regarding my questions and in reply I received lines that did not answer my questions at all instead he suggested me to go and spend some time on Babypips for my learning process.
In short I realized that what he was trying to hide were asked in my set of questions and he might have felt uncomfortable in answering those. I am in no way trying to discourage anyone who wanted to go for his service, however one should be aware what kind of trading style he follows and what drawdowns and basic SL he allows before he call it as a failure.
I mean come on that is the most basic info any trader might want to know about before falling into any such services. He told me forex peace army scam look after and study more on Money Management part and I proved it that it is only because of my MM calculations that I needed this info as it will decide the lot-size I would be comfortable to trade with and the kind of pips his system can generate thereafter to support for his subscription cost first and then my earnings at the end of the month.
Imagine taking extremely less lot-size and making to pips a month. Every trade will somehow become profitable after some period of time if traded with slight knowledge of how market reacts.
However a good trader is one who allows lower DD in his trading style and that is what I requested from Happy Trader as a potential customer that he somehow never revealed to anyone, I forex peace army scam not sure about the subscribers for his services, forex peace army scam. What does that indicate??? Following is the script of my e-mail to Happy Trader and his reply below my questions.
I am in the trading live throughout the day providing updates on market conditions and trade setups. If you are looking for a sure forex peace army scam system for USD a month I'm afraid that I am not aware of any such system. Forex trading is high risk. From reading your email I get the impression that your expectations are unrealistic. No service is able to provide what you are looking for and even those with successful records are unable to promise you that you will be successful.
Past performance is no indicator of future gains. I suggest you use a demo account for 6 months and study the free content found at www, forex peace army scam. Good luck and remember forex is very high risk and no service can promise you fortunes. The schedule can be viewed from the website. Not sure what you are looking for here. I discuss each trade setup openly.
I don't have many secrets :- 3: Coming to Trade Signal: How much in advance do you anticipate market reaction and provide signals to the subscribers, like 2 hour before, 30 minutes before or on the spot. If time is a factor, concentrate on the economic indicator release which we trade in the room, forex peace army scam.
Providing that your broker allows for small positions you will be able to follow our system. Obvioulsy the smaller your account SL and TP is based on the size of your entry. We have a money system which explains this. I am a successful forex peace army scam and provide education in the live trading room. In general I do not see adding as a successful strategy.
However, there are times when averaging in can be a successful strategy for exiting losing positions as break even. For information regarding our trading room please visit www, forex peace army scam. Where in above lines did he answer my questions in clear words. Now the following lines were my so-called reviews or questions I have TRIED to be posted under FPA reviews after the above event of exchange of e-mails as I have my rights to do so independently on such so-considered unbiased FPA services and unfortunately never got it posted there.
Reason - I am not sure, forex peace army scam, you decide. I am not a subscriber of this service and hence would like to know more about it from traders forex peace army scam already subscribed. However I still have few questions in my mind and upon asking the same to Happy Trader by e-mail to him, I was replied with something that does not answer my questions at all. Now the question still remains as I still have this point in my mind that if the service is good then why not join it, forex peace army scam.
Hence I thought of posting my questions here at FPA so that it can be answered straight rather than any other attempt to hide the facts. The trades are shown here with dates, results, comments etc. Well done on that as it looks attractive. The confusion arises because I am keen to understand whether these trades are being kept open for very long time and are being closed on the dates mentioned on the website under Trade Tracker.
Straight and simple question and need straight answer. Are these trades mentioned on Trade Tracker represents Intra-day trades being opened and closed the same day and forex peace army scam the session as mentioned or these trades are being held for long time and closed on these dates?
Happy Trader kindly clarify as I did not get an answer to my e-mail to you. I was not answered directly rather I was forex peace army scam to focus more on the Money Management part by trading appropriate lot-size, which is OK. Now I ask the question this way.
I already see what pips per month he is able to generate that seems more than good to me. However my question is what would be appropriate lot-size to achieve this goal considering the account balance at USD
Never trust Forex peace army reviews. Never trust their site review. I made mistakes fo go with their good reviews company. I think they are their own companies which FPA promoting to make fool of people. I took service which has good review on FPA and i found they are all making a lot of loss. The founder of Forex Peace Army is known on the web by the names of Felix Homogratus, Dimitri Chavkerov and Forex Bastard. By searching forexpeacearmy felix scam on your search engine to learn more. This person has a reputation of blackmailing against developing companies while also providing brokerage services on the Forex market with the sale. Nov 12, · forexdemo.tk Peace Army First, add your website is SCAM ALERTS, waiting what will you do, if you pay it disappear from this forum, if not this for some time you will be taken to SCAM. These are information from the Internet, simply enter in google FOREX PEACE ARMY SCAM.