Forex Jealous

Filed Under (Journal) by Casey on 08-07-2012

I have been laying low for a few weeks now. There is a reason for that. Not only… as usual… busy with my day job. I was working hard on improving Megan. My now considered personal Martingale EA which I am currently recoding it.

Ok… don’t know if it was jealousy, but Forex Envy did kind of encourage me to or work on Lovely Megan more. I previously mentioned before that, Martingale strategy could be successful if applied properly. And Forex Envy did kind of beat me to it.

Yes, people will say Martingale EA will fail, in due time. And the key word is always ‘In Due Time’

But then again… For this matter… ALL EA will fail in due time. No? If not all, most of the EA…

Anyway… to go back to this topic here. I was also pretty put off but yet intrigue by how Forex Envy has structure it’s business. Firstly the EA is gawd dang expensive. $379, but there is also a quarter subscription fee of $39.

I was like… $HIT!!! I am not going to dive into such an expensive EA with a risk that it could probably blow my account in one blink of an eye? Ok… truth be told, I wanted to invest in it… that was when I thought it was going to be a one off $379. But when I saw that there was going to be a subscription fee. I said probably not.

Now Forex Envy does offer a PAMM account, so if you don’t want to invest in the EA itself. If you don’t want to pay so much, then for a minimum investment of $500, you can take a ride with them. And looking at the stats of their PAMM account, it is pretty successful.

Now, that I could probably participate but rather than focusing on Forex Envy, I thought it would be a better idea to focus my time and money on improving my own.

In due time… Lovely Megan will again shine!! And this will be my answer to Forex Envy…

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