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I get surprised when I see a winning week with this EA now.īen, thanks for the kind words and honest feedback. It hasn't been doing that from May onwards I'll tell you that much. There will probably be some response under this saying last year was 200%, which may be true but that was in the first 3 months which who even knows how that happened. Hopefully they change something instead of just releasing new EAs. I am going to keep the money in because at this point it's already at such a loss I might as well ride it out. I have proof of all reports so I am currently down 46% and I have been in the EA for over a year now so there is no "wait a year and see excuse they have been putting in the other negative reviews of the EA below".
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That was over a year ago guys, either change something or say it like it is, IT IS NOT WORKING LIKE IT USED TO. They keep talking about results from the first 3 months of 2020 which is when it was last profitable. They arent a bad company, its just the EA isnt working like it used to and they don't want to change anything or admit it. I was really excited to join Ultima EA but it is too unpredictable to invest. If your are not keen to give this product a shot, we understand your position and truly sorry for Ultima EA underperforming, otherwise, we will be happy to do our best to make up for the previous results. To summarize, we tried to learn from this experience and we believe that Portfolio ECS has a lot to offer in terms of gains, consistency, low draw-down, and management (100% done by ECS). We learned from Ultima EA that strong and long draw-downs are not the right path and built a mixture of methods that aim at and show much more consistency. The average gain was about 15-20% per month. The worst month was only -4.27% and 20 out of 22 months showed profits. The method has so far had very stable and consistent results. It also trades based on a mix of technical analysis, fundamental analysis, and news events. This is a mixture of ECS systems, automated and semi-automated. After almost 2 years of live trading, we recently started ECS Portfolio. For instance, we demand a longer track record before trading anything live. That said, we think that it is important to add that we tried to learn from these events. At the least 5 years and ideally 10 years. If we do use back-testing, we demand a back-test with a longer history than 3 years. Regarding the back-testing, I think that we learned from this experience and we now place more emphasis on live trading results. The 1st year we saw good rewards, but the 2nd year performed poorly. Ultimately though, we are not shy to engage in trading - rather than just education (and sitting on the side-lines). Yes, we were excited about Ultima EA at the start and I can imagine that people would place blame on us for that. That was for us at ECS the key moment to stop trading it (we decided to remove our capital and stop offering it on our website).
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Although the Q1 2021 was pretty good, unfortunately, the results remained weak in Q2 2021 and we were still in a loss after 1 full year. We wanted to give the EA at least 1 year the time (from that peak), as also Mislav recommended. Our Ultima account peaked on June 2020 (best result occurred then). We wanted to give the EAs 1 full year of history so that we avoid making long-term decisions on short-term results. That is why we stopped trading Ultima EA in July 2021 and Rush EA in August 2021. We also feel the same with the results of Mislav Nikolic's EAs. We understand the frustration when trading results are disappointing. Yes there maybe losses in future but if you're in for the long run, it is certainly a very sound and authentic system. I am a current member of their Ulitma EA and can certainly vouch for its authenticity and profitability. ECS itself is genuine company but i guess they promoted the wrong EAĥ Stars Chris and Nenad both certainly know their stuff and provide genuine and profitable setups and advice. How come on both EAs backtesting and live results are so different. Also the bizzare part is back testing results were through the roof.
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I personally received promotional emails from Misalov which said Rush doubles the money.Quite misleading. After 1.7 years in their PAMM I am still down by almost 50 percent. Except for one month in 2020 Ultima performance have been extremely disappointing. Sad to say both their EA which were promoted with a lot fan fare Ultima and Rush have been extremely disappointing and a waste of time. I have been loyal customer with ECS for almost two years.