Xtreme Pip Poacher FAQ
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(Google Now)  Date: 16 / May / 2012


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Below are a list of questions and answers regarding Xtreme Pip Poacher taken from the developer blog.

 

I’ve had quite a few problems with my broker. Rsndom trades mysteriously getting stopped out. Have asked them about it, but not getting a clear answer.
Thanks for the tips.


Hi Nat,
It’s a common problem. I encountered it on many occasions in the past and so I’ve tried to turn the tables with this new mechanism in the trading software I use. It gives me a really accurate idea for each and every trade of whether I can trust my broker in the long run.
Thanks
Drew

 

How does XPP trade during news announcements? We all know how quickly the market can turn against you if you’re on the wrong side of those!

Hi Russel,
XPP ignores news announcements and works soley on price movement.
Quite often the sudden price movement that occurs on news recovers later. Remember XPP is not a scalper, but a swing trading system.
Hope that helps.
Thanks
Drew

 

Dear sir,
Thanking for your demonstration I have learnt a life time teaching
What I want know is the bad side of
the XPP, what is loosing average or
if any misshappen, can I go bust.
Thanking you in anticipation.


Hi Shaikh,
As I mention in the video there is no such thing as a system with hardly a losing trade. Losing is part of Forex but it’s about keeping your risk to a minimum.
From my experience you shouldn’t be looking to risk more than 2% per trade. Together with a high, REAL success rate that will minimize your risk.
That’s what has been achieved with Xtreme Pip Poacher .
Thanks
Drew

 

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How much does it need to start for a live account?
Will a $500 account will give me a return enough for me to leave my existing job.
How much can I make if I start $500.00 account in 1 month?
thank you


Hi Francis,
You can trade Forex with $500 but please be under no illusion – you cannot leave your day job trading with a low sum.
What you can do in Forex is make a good return on investment – in my view, it’s the best investment opportunity out there. Provided you use the right system to manage your risk and achieve an excellent and real percentage return.
Don’t fall for the pipe dreams that so-called gurus try to push your way. But do remember that Forex is amazing and ordinary people with low sums to invest make money from it.
Thanks
Drew

 

I’ve a silly question because I’m very new to forex and have not been able to find anyone show me how to place a manual trade. But if someones placing manual trades where does the broker come in at when you say they start nibbling at your profits and your software detects this ?

Hi Skip,
This is a question that requires a technical answer – hopefully you understand the below.
MT4 brokers watch your account and then start to increase the spread, or slippage as they become familiar with your trading style.
Slippage (rather than spread) is the biggest tool the broker has for making additional monies from your trading.
They also bounce trade exits with ‘requotes’ that is they make your system (which most automated systems dont support) retry for an exit, thus increasing the overall slippage a trade will see.
This all contrbutes to eating valuable profits over time.
Hope that helps.
Thanks
Drew
Reply

 

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I had bought a few but they did not include an easy installer for me to install onto my trading patform. IF i wanted to install I had to pay professionals to instal which is extra costs.
So, could you let me know whether XPP includes an installer for me to install into my trading platform
Hoping to receive your reply ASAP


Hi Foo,
Yes it comes with an easy installer allowing you to easily install the software onto the trading platform. It’s not like one of those do-it-yourself robot installations.
We’ve also provided easy-to-follow Xtreme Pip Poacher videos and recruited a specialist support team to help you, if you need it.
Thanks
Drew

 

I found the video presentation on the trades were unclear; what was the “lot size” during those trades and is the “lot size” used as a variable in the program? I liked the “50% trade off” and the trailing stop loss, especially after the “50%” was useful.

Hi Doug,
The lotsize is both dynamic and calculated by the money management process. It is also possible to overide the money management and manually place a lotsize for each currency pair if the user wishes.
The lotsize is listed in the statements and varies (from between 0.6 on the EURUSD to 2.45 on the USDJPY).
Hope that helps.
Thanks

 

Hi Drew,
If the software is automated, why do you need to spend 12 minutes a day?
What do you do when you know your broker is cheating on you?
Chew


Hi Chew,
We suggest spending a little time a day monitoring your trading activity and also assessing each trade to take into account, factors such as dodgy brokers.
We have recommendations for members who have such problems. There will be more detail on that when we go live.
Thanks,
Drew

 

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Drew,
Thanks for the introduction to your software. I hope this is the one that will finally work. I too have tried a lot of them the last six years and am about to give up on 4x. If the price is right I will give yours one last try. Also was wandering what time frame does it use?
Thanks,
Tom


Hi Tom,
As you may have realised from the video it’s not a scalper, as I genuinely believe scalping does not work.
XPP . trades in the medium term, i.e. several days, not minutes.
Thanks
Drew

 

Drew I liked everything you had to say. I very new to forex and already bought several systems none that are making much money and some of the systems just as you sayed they tell me its so simple to download and when I see thats not true I don’t here from them for 24 hrs.I can go on and on.

Your software appears to be the answer to most peoples answer in the Forex market
You didn’t really talk much about what happens when people buy your system but are you going to have videos looking over your shoulder showing how to set up software ? and a-z instructions that a newbie needs to know ??


Hi Skip
Yes we have detailed support videos, a genuinely dedicated support team and you will even be assigned a personal success coach. I am one member of that support team.
Thanks
Nat
XPP Dedicated Support Team

 


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