Comments on: Auto Forex Income By Neville Banks Reviewed

By: rv

rv — Mon, 04 Feb 2013 20:50:24 +0000

After 2 months of profit, one week to burn the account …. Large losses and position against the trend with huge prizes to try to catch up for previous losses. This is a disaster. Stay away …

By: Jonny

Jonny — Wed, 24 Oct 2012 01:10:30 +0000

In reply to david. ClickBank has a direct refund policy. Go to ClickBank site directly.

By: Susan Hansen

Susan Hansen — Wed, 03 Oct 2012 08:02:17 +0000

David, if you want a refund go through Click bank itself. Support, other and then an option to request refund. I never approach the buyer direct for refunds. If they keep rejecting it complain to Click bank. Be surprised how quickly you get a refund then.

By: david

david — Tue, 02 Oct 2012 14:45:22 +0000

fF**king Garbage crap..tried getting refund after 8 e-mails and no response..

By: Todd

Todd — Sat, 29 Sep 2012 16:24:45 +0000

I have been testing this EA for the past few days and so far it looks ok on my demo account. I agree that the losses can be bigger then the winners but I have also had a couple of 30+ pip winners. I had one 56 pip loser and another 23 pip loser, but the rest were single digit. I am up 3% on my demo account so far. I will keep testing and update after another week or so.

By: Susan

Susan — Sat, 29 Sep 2012 12:47:07 +0000

I purchased this signal service EA, without the upsell, will get people informed on the progress, only been 1 day. I purchased in the hope of finding a good signal service or trade copier so that when we go on holidays you can still make some money. I do trade my self. So if anyone knows of a good service let us all know.

By: Carl

Carl — Sun, 23 Sep 2012 20:56:27 +0000

I’ve just signed up for this plus upsell 1. I downloaded and logged on to the website. I was surprised to gain access to the Upsell 2 areas (suggesting the upsell 1 was a pure profit grab). There is a results page … and based on this I have already cancelled. Here’s the link … not sure if you can get in without the login details …
http://www.autoforexincomemembers.com/index.php?action=list_trades
you can only try I guess

By: Mike

Mike — Sun, 16 Sep 2012 02:31:39 +0000

well guys I am a bit embarrased to say this EA completely destroyed my account. I didnt think any EA would end up with a nearly 100% drawdown. The scary thing is it happned overnight whilst I slept & next morning I had about a dozen open positions with huge SL. Stupidly I thought it would come right considering the EURO & GBP appeared to have reached their limit but I didnt count on the FEDS printing a few billion & the banks jumped on the EURO wagon.
Get your refund now dont give this EA another thought. He doesnt answer support questions anymore.

By: Beric

Beric — Sat, 15 Sep 2012 00:23:26 +0000

Well said, Tony, Well said. Thought the same thing myself.

By: Jonny

Jonny — Tue, 11 Sep 2012 15:49:56 +0000

In reply to Tony C. Less than a month in, the account is now losing money. Floaters with huge SL setting is creating a huge DD and losers are now creeping in which the winners can never recoup because winning trades are for so small a PIP.

By: Tony C

Tony C — Tue, 11 Sep 2012 13:21:18 +0000

Ok so this ea has been running 12 trading days and my account has a drawdown of over one sixth of my account. I will be shutting it down and asking for a refund. I thought I would see what it could do in 60 days but my account can’t handle that much loss.

By: Jonny

Jonny — Fri, 07 Sep 2012 21:53:01 +0000

In reply to Tony C. I can quickly see that the biggest problem is the drawdown with way too many concurrent open trades. I don't like this method of trading. I prefer putting in 4-5 good trades per day with at most 2 floaters per day.

By: Jonny

Jonny — Thu, 06 Sep 2012 21:40:31 +0000

In reply to Tony C. Please input the original amount before the trades started on your EA and save that set so that the MT4i EA can calculate the return percentages.

By: Julian Wong,

Julian Wong, — Thu, 06 Sep 2012 03:31:05 +0000

This looks like another of those Forex Smartbot garbage EA types… Same selling style, same price point…

By: Tony C

Tony C — Wed, 05 Sep 2012 10:17:12 +0000

Thanks Jonny, mt4i was way easier and so here is a link for my account using just this ea since it came out 13 days ago. Now we can see a real test in real time. If it works I will keep it going and if the ea turns out to be junk well then not so much.
http://www.mt4i.com/users/ynotforex

By: Jonny

Jonny — Tue, 04 Sep 2012 17:02:33 +0000

In reply to Tony C. Use MT4i publishing EA instead. You can set the date to only publish the start of the testing. Myfxbook publishes every single history of your account. It dilutes all testing. So I hate myfxbook with a passion. You should take a look at the master trades starting from August 24.

By: Tony C

Tony C — Tue, 04 Sep 2012 08:22:51 +0000

I purchased AfI on the 25th of Aug. It had a good first week, no losses. A couple of trades were carried over the weekend. As I woke up on Monday they had closed in a loss. I have a very small account of only $600. Since the 27th it has had 22 wins and 4 losses. Losses total was -$11.74 and wins was +$38.62. I currently have 5 trades running with a draw down of $6.30. If I can figure out how to link my account to MyFX I will add a link here. I am currently only running this “ea” on this SmartTradeFX account. I also did not purchase any upsales.

By: Jonny

Jonny — Mon, 03 Sep 2012 17:03:14 +0000

In reply to Rosa.

Friend got his refund but I saw the master signals. All pairs trade with 500+ SL initially so drawdowns will be huge. Wait time for it to come down will be long. At least 3-5 days or longer. Most losses are big… 20+ PIPs losses. Wins are small… 2-5 PIPs wins. Do the math… even if you have more wins than losses, wins WILL NOT make up the losses. Eventually, your equity goes down down and down.

By: Lee

Lee — Mon, 03 Sep 2012 01:56:41 +0000

In reply to Rod. Aaaarrrr, the dream of not being tied to the computer screen. I can picture it now....

By: Lee

Lee — Mon, 03 Sep 2012 01:50:42 +0000

In reply to Rosa. Hi Rosa. Your caution is wise. Losses in Forex are just an inevitable part of the game, no matter how good you are. The skill is just keeping your losses small and milking your winners. By doing this, you only need to be right 50% of the time, and you can make money. Making money selling systems, robots and promises is a lot easier than trading Forex, which is obviously why they do it. Robots are attractive even to experienced traders, offering a life away from the computer. Auto Forex Income is somewhat different in that it triggers trades that are copies of a supposedly experienced traders account. It's too early to judge how good and consistent Neville Banks is. I would watch this space until there is reliable feedback. I will certainly be honest when reporting on my personal experience of the system.