Forex Trading Systems The ultimate forex edge an Unbiased Review

As you know, I regularly review automated trading systems for the forex market but I have recently been asked by a website reader to review the ultimate forex edge trading system. Of course, as my website is called "reviewing everything forex" I am also interested in the review of regular trading systems and signal services so I decided to give this a go and review the ultimate forex edge trading system.

The forex ultimate edge website seemed to be just another cheesy marketing website that attempts to bond with the websites visitor by appealing to his likely current situation. The author first describes how he was broke and desperate (as many are likely to be when entering the website) and then he says that he saw the light and started to profit from forex trading. The story of course, has just no back to it, the trader does not mention the actual name of the company that allegedly gave him the chance to trade a 10 million dollar account or any information on any managed account or account he traded before or after this.

As a matter of fact, this is the most important thing. We have this guy telling us he can walk the walk and trade the forex market profitably but where is the proof ? Where are his account statements with all the profits he has been able to make with his trading system ? If anyone was going to learn a trading system from someone they would want him to show his trading statements right away. Why should you be different ? If he is claiming he can do something then he shouldnt have any hard time proving it if it is actually true. Now if it is, Ill be glad to take a look at the new evidence and redo this review to reflect that, but up until now, its just bunch of made up graphs and blablabla anyone can talk.

Being an account manager or selling a trading system is not supposed to be about being able to talk BS but it is supposed to be about being able to convince people through evidence and logic that your system is able to do something good with their money. Of course, up until now, this website is just a bunch of non sense which I would never consider worth buying.

If you would like to learn about automated trading systems and how there is the possibility to trade profitably with automated trading with real profit and draw down expectations please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed this article !

Diposting oleh Unknown 11.15 0 komentar

Forex Manual Trading Systems Forex Cash Factory an Unbiased Review

A few days ago, a newsletter subscriber asked me if I could review a manual trading system called "forex cash factory". On todays post I will do an analysis about this system taking into account the evidence provided on the products website. I will also give my opinion about its usefulness and how much I think it could help manual traders become long term profitable. Finally, after doing all my analysis I will tell you if I believe this product is worth buying or testing or if it is just another product which is filled with promises but fails to deliver any realistic results.

The website starts with nothing but bold claims about the system being able to "pump" tens of thousands of dollars every week out of the market. After this we see that the forex cash factory website is nothing more than a few thousands words of a guy telling us to buy something just because it can make us rich. The webpage is definitely geared towards people who are new to the forex market and are definitely looking for a way to get money quickly.

The author of the forex cash factory fails to give many important descriptions about his system. There is absolutely no mention of the profit or the risk targets of the system, no mention of the money management used when trading, no mention of the characteristics of the strategy, etc. Why would anyone buy a trading system they know nothing about ? The guy fails to explain if his system relies on scalping, swing trading, long term trading, etc. There is simply almost no information abou tthe actual trading system included on the website. The author could have written the webpage without any product because product description is extremely limited.

There is also absolutely no evidence about the profitability of the system or its ability to even produce one USD on the forex market. The thing I find the strangest is that the guy does mention on his website that the system WAS actually tested on a real account for three years before selling it. Why in the world doesnt this guy show this evidence of profitability if it does exist in reality ? Come on ! Who would refrain from posting such evidence if it is obvious that it would increase sales enormously ? No one would ! The fact remains that until the evidence is not posted, it may as well not exist, there is no reason to believe it does.

Then what about all those testimonials ? I can also sit down and makeup whatever testimonial I want, testimonials do not mean anything, specially when a "testimonial" is just a bunch of text there. All the testimonials could have been written by the author, there is no doubt about that. What you should ask for when looking for a trading system, either manual or automated, is not simply a 2000 long sales page telling you how good your life will be after you make the purchase but solid evidence showing that the system has been profitable in the past and has a high like hood of remaining profitable in the future. Why is this evidence never shown for manual trading systems ? Well, mainly because the systems usually only work for one thing, bringing the author sales profits.

In the light of the total lack of even a general description of the system and the absolute lack of any performance record of the system when there is even mentioning that such a record exists (which means that the author is purposefuly hiding it or making that up) I consider the cash factory manual trading system not worth buying and testing. If you want to know more about trading system and how you too can design and trade your own long term profitable automated systems with realistic profit and risk targets please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 19.30 0 komentar

Forex Expert Advisors Forex Espionage Unbiased Review

A few days ago I received an email talking about the forex espionage expert advisor. Of course, the purpose of all these emails I get is to make me click through the affiliate links and buy the expert advisors. What I do most of the time is review the products instead so that people can know my opinion about most new expert advisors (I try to review as many as my time schedule allows me to). If you have read many of my reviews the truth is that I very rarely consider an expert advisor worth buying.

Well, I must confess that the forex espionage expert advisor is really not the exception. I can see the marketing all over it like on most commercial expert advisors out there. The website greets you with a video of a guy who obviousy treats you like you dont know a thing about forex trading or automated trading systems. The video and the website features many claims about profits, backtesting and as always the promise to free you from your 9 to 5 job.

Ok, so what is the validity of their claims ? They have many problems to start with. First, most of their claims are based on backtesting statements which we know are done with the benefit of hindsight so absolutely no validity there. They also show us some very limited "live" testing information which has no live account investor access and is truly excesively limited to pass any judgement about the expert advisor. If you are a commercial expert advisor seller or an expert advisor reviewer that lives from the affiliate links please have this in mind : dont treat your customers like their retarded !

The forex espionage expert advisors seems to be your average commercial expert advisor that aims at trading many times per day with several short term wins and incredible backtesting results but fails to work in the long term (the only thing that grows in the long term is the number of wiped accounts). The creators never mention the problems associated with backtesting and limited live testing results. They just want to convince you to use something even if there is no evidence that the system works in the long run and there is also no evidence that the live testings shown are actually real. Again, we need live accounts with investor access to believe the claims of ANY commercial expert adviosr seller.

In summary, not only do I find the forex espionage expert advisor NOT worth buying, I also consider their website misleading and offensive to the intelligence of any potential customer. Expert advisor sellers not only should show more realiable testing, they should also struggle to explain every possible mistake within the tests they are doing.

If you would like to learn more about how to evaluate and choose expert advisor as well as about other expert advisors I have traded and reviewed please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 01.31 0 komentar

Forex Expert Advisors Forex Ripper an Unbiased Review

During this weeks search for new trading systems I came across the forex ripper expert advisor. On todays post I will write a review about this automated trading system focusing on the evidence provided by the author as well as the claims made on the website. I am going to analyze all the information and then give you my unbiased, honest opinion about this experts long term profitability and if it is or it is not worth buying and testing.

Wow, I have to say that I have read many made up stories in my life but the story given by the author of forex ripper really has a lot of imagination going on. It has the classic "I was ruined" with an "I am a pro" twist coupled with the appearance of this mysterious "ripper" guy from wall street who could "magically" turn a trading system into an ATM. Of course, the story puts up a lot of information which makes us doubt its truthfulness and even more, it makes us doubt the origins and actual worthiness of the trading system.

Why ? Mainly because the author of forex ripper does say that they were able to use the system successfully but no prove is given of live trading performance. This is another guy thinking that the people who buy trading systems are stupid. This person shows some pictures of trades which for all we know could have been hand picked and executed on a demo account with no additional information of profitability. I would ask this person, if the story is actually true, to show us ALL the live statements with investor access of the trading accounts he had when he started running the EA which should be months ago by now. The author of forex ripper definitely talks a lot but he shows no evidence to truly backup the claims made.

What do we have then ? We have a website with a story of a guy claiming a trading system is the best ever made (for a change !) with some partially blurred pictures of trading statements with no third party verified live statements or simulations to hint us about the long term performance or trading tactics of this system. From what I see I would guess that the author of forex ripper is just a programmer who came up with an expert advisor, then made a marketing pitch for it and put it up with a bunch of blurred pictures of hand-picked trades from a demo account to show "proof" of profitability.

This trading system is definitely miles away from proving profitability and even more, thousands of miles away from proving that the system has the slightest likehood of being long term profitable. If the author uploads the live statements (with investor access) of the accounts the EA has been trading in (according to the story) and also gives us 10 year backtests with a period in common with the live testing to check for back/live testing consistency, then and only then, will I redo this review to reflect this additional information. Meanwhile, this website is NOTHING but HYPE and I therefore consider this trading system NOT worth buying or testing.

If you would like to learn more about the automated trading systems I have developed and how knowledge and hard work are the key to long term profitability in automated trading please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 06.30 0 komentar

Forex Expert Advisors Forex Illusion an Unbiased Review

Going on with my review of recently released automated trading systems today I will be analyzing the Forex Illusion trading system. This expert advisor promises you will "beat the dealer" and achieve long term profitability in the forex market even if you dont have any previous forex trading experience or if you have "battled with forex" for a long time. On the following paragraphs I will go through this trading systems website, I will talk about the evidence provided by the author and I will tell you if this evidence is reliable enough to backup the claims of profitability made by the author. After doing this analysis and looking at the systems trading tactics I will then tell you my opinion about whether or not this trading system is worth buying and testing.

The Forex Illusions system website is actually quite odd since it lacks any of the usual "letter type" structure the general expert advisor selling websites have. The only thing you see when you access the website is a video that tells you the general "underdog story" and shows you the evidence of profitability available and the claims made by the author. The video is obviously targeted at forex newbies, as the author tries to sympathize with them, telling a story of how he "bit the brokers" and achieved millions of dollars in forex trading. The story tells us how the guy went from being a mail man to a millionaire.

Truth be told, this trading system just falls short on almost every aspect. The evidence of "live trading" that the author shows is nothing but a visual backtest of a period of just a few months which tells us absolutely nothing about this trading system. It is amazing that anyone tries to sell a trading system on such a small and just worthless piece of evidence. What does a few minutes of visual backtesting tell us ? Nothing ! Where are the full 10 year backtesting statements showing us the long term profit and draw down targets ? Where are the LIVE investor access verified accounts ? where is REAL proof of profitability ?

Again, another person attempts to exploit the new trader by making up a story, doing a visual backtesting of a strategy and pretending to have turned into a forex millionaire. If half of this guys story was actually true, he would have showed a LOT more evidence. This is an obvious lie, if all of this was true you would be looking at the guys personal trading statements or you would already have a live trading account with at least a few months of trading showing you investor-access verified results.

This is just a bold attempt to sell you something that is worthless with absolutely no reliable evidence of long term profitability through a story you might empathize with. I think it is pathetic and I think that anyone who has any respect for the intelligence of their customers would have made the effort to open up live accounts, give investor access information and run 10 year backtests. Because of the incredible lack of evidence I consider this expert advisor absolutely NOT worth buying or testing.

If you would like to learn more about automated trading and how you can develop your own likely long term profitable systems with sound and realistic profit and risk targets please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 20.45 0 komentar

Forex Expert Advisors Black Swan an Unbiased Review

Today I am going to fulfill another review request and talk to you a little bit about a forex automated trading system called black swan. Todays post will focus on the review of this expert advisor mainly by evaluating the evidence provided on the website and the claims made by the authors. By analysing the experts statements and the information provided I will also tell you my opinion about the long term profitability of this trading system and whether or not I it worth buying or not.

By first looking at the website, you will see that the black swan expert advisor seems to offer a novel approach to automated trading by offering its customers a "web bot" technology which is supposed to search on the internet data from many sources to make accurate trading decisions. The people at forex black swan claim that with this technology you will be able to achieve very large profits which will give you "financial freedom" and the ability have the life style you "always wanted".

Is there any merit in the experts techniques ? Is there anything true about this "web bot" technology ? There are several things I do not understand. If the EA uses a web bot system which dynamically searches the internet then how did they manage to do the backtest from Jan to Nov 2009, how did the webot technology "backtest" on the metatrader 4 strategy tester ? this just does not add up. If the expert really used such an innovative technology it is very likely that it could only be evaluated by live testing. But well, regardless of the fact that this technology does or does not exist, what does the backtest tell us ?

The backtest shown on the black swan website has many inherent problems. To start, the period is very small. Why didnt they do backtests from 2000 to 2009 ? Why is the backtest period limited to 2009 ? This are all questions which cannot be easily answered since doing a longer backtest is just easy to do. There is also the problem that the EA takes a small TP, below 20 pips, which means that interpolation errors in the backtest are likely to be a VERY significant portion of profitability, add to that the fact that the EA uses an almost 10:1 risk to reward ratio (you need to win one time for every ten you lose) and a progressive money management system and you arrive to a system which uses very unsound trading techniques with very questionable results.

My opinion from this backtest is that results are definitely going to be very different in live testing. Probably the loses will be far greater than in the backtest and the progressive money management will grow large holes into the account, to the point of a wipeout. Systems with progressive money management (incrementing lot sizes on loses) will ALWAYS wipe accounts, it is not a matter of if, it is simply a matter of when.

Another important matter is the absence of live testing on the black swan website. Why do this people fail to show live trading results if their system is so accurate ? Why didnt they take the time to put up a few live micro accounts to show us the performance of their system under real market conditions under several brokers ? The number of unanswered questions is simply great and there is no good reason why we should put our money where the creators themselves would not.

The complete lack of live testing evidence as well as the lack of any proof of back/live testing consistency, the absence of a 10 year long backtest and the use of progressive money management are the reason why I consider the black swan trading system NOT worth buying or testing. If you however would like to learn more about system that achieve long term profitability and how you can start your profitable venture in forex trading with realistic profit and risk targets please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 02.00 0 komentar

Forex Expert Advisors Forex Secret Agent an Unbiased Review

Today another expert advisor sees the light and with it another one of my reviews comes out. Within this post I will be talking to you about the recently released Forex Secret Agent trading system. I will talk about the evidence provided by the author and whether or not this evidence backs up the authors claims, I will also talk about the reliability of the evidence and overall, I will give you my opinion about whether or not this trading system will be able to achieve long term profitability. In the end, I will also give you my opinion of whether or not this expert advisor is worth buying and testing. Is the Forex Secret Agent the James Bond of Forex systems ? Can it prove it can deliver massive profits ? Keep reading and find out !

I have to say that the tactic used to sell the Forex Secret Agent seems to be revolutionary in the sense that they are not advertizing the system as an fully automated system but as an "informative" tool which tells people when to enter and when to exit trades. I am very confused by this concept since it seems to me that trading a fully automated system would be much more convenient than having to manually confirm or enter trades when the system signals them.

Of course, the objective would be for the trader to actually confirm that the trade is sound and worth taking but wouldnt this mean that the trader is able to trade for him/herself and doesnt need the system ? If a person is able to determine when it is or it is not worth getting into the market then why would such a person need a signaling system ? If a person doesnt know and wants to follow signals then what criteria does this person have to confirm or deny trades ? In the end I think that the approach doesnt make a lot of sense and I believe that a fully automated system has more relevance when addressing a crowd that doesnt know how to trade but wants to trade from signals. Making the EA request confirmation on every trade or merely provide the information to enter trades seems like an inconvenience for most people.

It is worth noting however that a section of some backtesting results is shown later on the website pointing out that the system is able to trade in a fully automated fashion (at least it would seem from this). Then we have the usual hand-picked results taken from the backtests portrayed as actually live executed results, a very misleading and dishonest tactics which talks about the ethics of the Forex Secret Agents seller. We can also see that the backtesting statements - which are advertized to turn 5 into 200K in a year- have a VERY unfavorable 10:1 risk to reward ratio and a very small average TP meaning that backtests of this system are probably worthless and absolutely OVER estimate profitability. There is also a complete absence of 10 year backtests, something which also makes us doubt the long term profitability of the system although a system with such trading tactic doesnt probably offer reliable backtests anyway.

Then we have also the COMPLETE absence of any investor-access verified live trading results, showing us that the author of this system is not willing to risk his own money trading the Forex Secret Agent. If the author had actually traded the system - as he says he has - then it would be very simple to add that account to myfxbook and show us investor-access verified results. Why arent these results shown ? Because simply the author doesnt believe in his system and probably has never traded it, pointing out that it is much easier to make money in forex selling a system than from trading it.

Overall, the Forex Secret Agent is another over-hyped system with a complete absence of any reliable evidence. The backtesting evidence shown is not validated by live trading results and - more importantly - no verified live testing results are shown. The Forex Secret Agent is just a piece of software with no evidence of profitability and an author unwilling to test the system on his own live accounts. Remember that the burden of proof is on the author, NOT on your live accounts so if anyone should blindly risk their money it definitely shouldnt be you. For all the above reasons, I consider this trading system absolutely NOT worth buying or testing. The author should show at least a 10 year backtest coupled with a 6 month investor-verified live test and a backtest of this same period if he wants me to redo this review.

If you would like to learn more about the world of automated trading and how you can trade with a high like hood of achieving long term success using expert advisors please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 17.30 0 komentar

Forex Expert Advisors Forex Robovore an Unbiased Review

Yesterday an Asirikuy member sent me an email requesting my opinion about a new automated trading system called Forex Robovore. This trading system is interesting since it seems to follow a different line of thought when compared to most of the other automated trading systems available on the internet. On todays review I will focus on the claims made by the author on the Forex Robovores website as well as the validity and support the evidence on the website gives to said claims. In the end I will be able to tell you if what the creator says about the system is supported by the evidence given or if it is simply not the case. With this evidence in mind I will also be able to give you my opinion about the long term profitability of this trading system and whether or not it is worth buying and testing.

First of all, it is clear that the Forex Robovore trading system has a different philosphy when compared with the other systems available online. The Forex Robovore system aims to have a very favorable risk to reward ratio of 1:2 to 1:4, giving us the impression that it was designed to take advantage of trend following moves. The trading systems sale page even includes a report which tells you why expert advisor scalpers are bound to fail in the long run in forex trading. I must say that I appreciate the fact that the creator of Forex Robovore is taking the time to explain that his system uses a different logic, it is also worth noting that the expert uses sound risk management in the sense that only a small percentage of capital is risked per trade.

However these are just words. The important thing is to know if the creator of the Forex Robovore trading system is able to show evidence to substantiate his claims. This is when we start to see the many holes in the evidence provided and how this trading system does not stand in a better place than most of the "other expert advisors" it so strongly talks about. First of all, we find that there are NO ten year backtesting results, showing us that the creator fails to carry out this readily available and easy to perform simulations. On the other hand, the creator says that backtesting can be done by downloading data from the metaquotes server. Therefore it is obvious that the author knows that these backtests can be carried out but yet FAILS to show these backtests on his website. Why ? The most common reason for this is the LACK of long term profitability of the trading system, the lack of profitable 10 year simulations.

Moreover, unverified live testing results of about 4 months are shown as evidence of profitability. I would have to say that four months are a rather small period of time to show as the only available evidence. It is also worth noting that the live results are UNVERIFIED and can be forged. It is VITAL to have live testing results which are confirmed by INVESTOR ACCESS to the trading account. The author says on the FAQ that you can tell a real live test by the configuration of the html file but this is WRONG, this CAN BE FORGED and investor access is the ONLY way to verify that a live trading record is REAL. Why isnt investor access given ? Are accounts not live but demo accounts ? Have the results been manipulated ? I see no other reason why an EA creator would refuse to post results on myfxbook which can independently and reliably verify investor access and trading privileges.

Overall it is sad to say that although the intentions of the Forex Robovore system creator seem to be to create a system with sound money management and trading strategies the trading system is not able to walk the walk. It seems that the website merely uses this "difference" with other trading systems as a marketing pitch without any evidence of the system truly being long term profitable. Because of the complete lack of 10 year backtests and the absence of verification of the live trading results I have to say that the Forex Robovore trading system is NOT able to backup its claims and it is therefore NOT worth buying or testing. If the creator of this trading system provides 10 year backtests with live/back testing consistency tests with the current period of live testing, as well as live account verification through investor access, I will be more than happy to redo this review.

If you would like to know more about what I have learned about automated trading systems and how you too can design and develop trading systems to trade profitably in the forex market please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 07.46 0 komentar

Forex Expert Advisors Forex Cyclone an unbiased review

As for the past two weeks, today Ill continue to focus on the review of another automated trading system. Todays post will be dedicated to the review of the forex cyclone expert advisor which was suggested to me by a customer who had previously purchased my automated trading ebook. As always, this review is written based on the evidence provided by the expert advisor creator and is no way biased as I get no reward of any kind for giving the EA either positive or negative feedback.

The website starts with a very bold claim from the authors saying he has "reeled in 986,928.17" USD from the forex market. Now, this guy seriously has to be jocking. I am pretty impressed as how naive and ignorant this expert advisor sellers think their customers really are to put such bold claims first thing in a webpage and thinking theyll just swallow the whole thing. The sellers makes this claims based in the fact that he has a year long backtesting results that shows these results. This is definitely not a valid proof on income ! This guy is actually lying to everybodys face as he did not "reel in" all those profits, he just happened to have a backtest with those numbers which is VERY DIFFERENT than an account with that money inside. These claims are just unproven and are in fact a very good example of how unethical expert advisor sellers can be in the forex automated trading market.

Now, as far as the backtesting statements go and their reliability I would have to say that from the TP and SL values I could say that the one minute interpolation errors should be small, however, the EA could still be trading with inside bar data which could make real live results differ from backtesting results considerably. But ok, the system seems to perform alright from 2007 to 2009 and I believe that backtesting could overestimate profits (a lot) and underestimate loses (a lot too) but the overall picture seems credible.

The real problem comes in when we consider the length of the backtest and the lack of live testing. First, we dont have any idea of why the creator did not backtest his system from 1999 if the system is so profitable and we also dont know why he does not have any live or forward testing statements if he really believes his or her system to be as profitable. I would have to say that these things are always what makes me extremely suspecious about a trading system. If the author fails to provide testing information which would be obviously provided for a profitable trading system, then it is obviously because said information does not help his outrageous claims.

This expert is considered of course, not worth buying and the author would have to provide us longer backtests and live testing information so that we can ensure that there is back live testing consistency and that the EA can actually be long term profitable. Also, a check of the word "proven" in the dictionary wouldnt hurt.

If you would like to learn more about my opinions about the reality of automated trading and how you can also me profitable with automated trading systems please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed this article !

Diposting oleh Unknown 12.32 0 komentar

Forex Expert Advisors Forex Spectrum an Unbiased Review

A new expert advisor which claims to be something "never seen before" in the forex automated trading industry has just been released. This trading system, which was brought to my attention by an Asirikuy member, will be the subject of todays post. The trading system is named Forex Spectrum and the author claims that it is able to give more than 600% profit with "virtually no risk". On todays review I will analyze these claims against the evidence provided on the website and Ill give my opinion about whether or not the forex spectrum trading system is or is not worth buying and testing. My review will show you if the claims shown on the website can be taken as valid and if the "undisputable evidence" shown is in fact evidence of the claims made. Will the forex spectrum expert advisor pass the test ? Youll see within the next few paragraphs.

I have to say that I believe that it is always unethical to call anything forex related risk-free, making claims such as "with virtually no risk" makes people believe that they can achieve those profit levels without any market exposure something which is definitely misleading. People should take into account that forex always carries a high degree of risk, a fact that point out that there will always be some capital loses (sooner or later), which may or may not lead to profitable periods depending on the trading systems capabilities.

The claim made of a 600+% profit in a short time with almost no risk is one of the boldest I have ever seen (after the claim of 1000 USD to more than 3 million made by an EA a year ago) and not surprisingly there is absolutely no reliable evidence to backup this claim on the website. This expert advisor seller does not show 10 year backtest or live testing results which can stand behind what he is saying. What is the so called "indisuputable" evidence ? No more than a few trades shown on charts which could easily be made or hand picked from any trading strategy. These images say NOTHING about the likehood this trading system has of being long term profitable.

We also have some images of "statement shots" which could have been easily taken from any backtest and hand-picked to show a desired scenario. Why does the creator of forex spectrum NOT show 10 year backtesting and live testing results when they are SO easily available ? There is an EVIDENT hiding of easily obtainable evidence which would indeed backup the authors claims if they were coherent with reality, however the author does not show this evidence, obviously the simplest reason why the evidence is not shown is because it does NOT show any evidence of long term profitability.

I personally despise the hypocrisy of the sales pitch "this is not about money"- the author expresses- when it is evidently ONLY about money since the author seems to have no regard whatsoever for the future of peoples capital, selling them a system which has no evidence of profitability using bold claims and cheap marketing tactics. To sum it up, the overwhelming lack of evidence makes the forex spectrum expert advisor NOT worth buying or testing. The author would need to provide 10 year backtests coupled with a period of at least 3 months of live testing and a backtest of this same period to show back/live testing consistency, once this evidence is provided I will be glad to rewrite this review.

If you would like to learn more about my work in automated trading and how you too can start to develop and use automated trading systems with sound trading tactics please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 07.16 0 komentar

Forex Expert Advisors Forex Warlord an Unbiased Review

Two or three days ago a customer suggested the Forex Warlord System for Review. Since more people may be interested in the review of this trading system I decided to publish a review about it today. As always, my review will look at the claims made by the author of the EA and the evidence the author has to back them up. After analyzing this evidence as well as any statements and information about the experts technique on its website I will tell you if the system fulfills my criteria for long term profitability and if it is or is not worth buying and testing.

This trading system is made by a guy that goes by the name of "Paul Liburd", I have never heard of him and I dont have the slightest idea if he is a successful trader or not. For all I know, this guy is just someone trying to sell an expert advisor. Is there any evidence of his success as a manual trader ? Does he show any statements of accounts he has traded profitably ? Then why does he say he is a successful manual trader ? It makes no say that if he is not going to show any statements. The fact that he is also the author of forex accumulator points to the fact that he is just a guy trying to sell his automated trading systems which may or may not work. God knows if he is an actual person or just a figment of someones imagination.

However we are not here to discuss if Mr. Liburd exists but we are here to discuss if the system he presents is or is not as profitable as he says. The claims he makes are actually all based on simulation. The few partial screenshots of winning trades he shows like the "38500 in 5 trades, nos loss" screenshot are just not believable unless we can get access to the statement. Any system can have 5 consecutive loses or profits, I dont care about those small aspects of trading. From the partial backtesting result shown we can see that the EA has a 10 to 1 risk to reward ratio. Talk about unsound trading tactics ! Of course, this EA is profitable in backtesting because, as many, it is probably made to take advantage of backtesting vulnerabilities that can be exploited. The result with this kind of EA is usually that in live testing profitability diminishes a lot and therefore the very unfavorable risk to reward ratio cashes on the market exposure and kills the system.

Are the backtests valid ? Well, there are NO live tests to confirm that they are, therefore we assume they are NOT because it is the most probable scenario. We always need to have back/live testing consistency in order to use backtesting as valid evidence of profitability. This guy is simply crazy if he thinks he can sell a system to knowledgeable traders with such scarce and incomplete proof. Why is the backtesting statement not available ? Why doesnt he show the dates ? Why are they no live tests if his system is so profitable ?

And what about the "manual performance graph" ? Please, I could make that in excel in ten minutes. Show us a REAL account with investor access we can believe and we will believe you got those results. Anyone can say anything and expect to be believed but it is just too bad that there are people out there willing to lie so bluntly. Of course, I will apologize for saying this and I will redo my review is evidenced is shown to backup every claim made on the website. I would like investor access to the statements of the manual system as well as 10 year backtests and live tests to confirm backtesting validity. Why do I feel I will never get this info ?

Because of all the things I have said before I consider this system NOT worth buying or testing until all the necessary evidence to believe the claims is available. Meanwhile, if you would like to learn more about automated trading system evaluation and the requirements for long term automated profitable trading please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 03.45 0 komentar

Forex Expert Advisors Fish Forex Robot an Unbiased Review

On another review I will be examining the Fish Forex Robot expert advisor today. This trading system- which was released a few weeks ago- claims to be able to generate 3000 to 4000 USD every month spending no more than 5 to 7 minutes a day "monitoring the robot". It also claims to be able to "double your account every month" a very bold claim which the author should be able to backup. Within the next few paragraphs I will analyze the trading evidence provided by the author and I will see if it is able to sustain her claims. I will also look into the experts trading tactics and I will tell you if the Fish Forex Robot has a high like hood of achieving long term profitability and whether or not it is worth buying and testing.

In the beginning you see a big box that tells you that you have two options. The first one is 3-4K of stable income from Fish Forex robot or vague promises of fortune-making strategies. However this is just very misleading and one of the marketing tactics I hate the most because it reflects a general LACK of knowledge from the expert advisor seller. You simply cannot mention any profit without mentioning the necessary intial capital investment. Do you get 3-4K from one million dollars, from 10 dollars, from 1000 ? It is absolutely frustrating to see these claims over and over again with absolutely no basis in real trading.

What we have from here on does not help the trading systems cause either. The seller shows us a backtesting equity curve that - surprise - is that of a Martingale showing how a 1000 USD account turned into 19,000 USD in just a little bit more than 6 months. The backtesting chart and the statements show a five fold increase in lot size with every loss, telling us that not only the system uses progressive money management but it also has a very unfavorable risk to reward ratio. Cleverly all the places where we could infer the risk to reward ratio from have been blurred and all we have to actually think this is the case is the fact that a five fold increase in lot size merely recovers the last loss pointing to a 4:1 risk to reward ratio which - combined with a progressive money management system- is definitely a time bom.

Then we have a "live trading statement". Please, this statement is merely a joke. Anyone could put up an html and makeup that statement and then blur it. If this seller is serious about showing profitability then she should include a REAL live investor-access verified account that TRULY showed live-updated trading results that we know are obtained from a real account with real money. This "live testing evidence" which - even if real - is extremely limited, simply does not contribute to any proof of profitability. What does the seller want to hide ? Why not risk her own money to show the "consistent income" her system can make ?

What we see in the case of the Fish Forex Robot trading system is nothing but a system with a seemingly very unsound trading tactic that has absolutely no reliable evidence of profitability. The author hides backtesting statements, denies 10 year backtesting results, blurs "live trading results" and does not even risk her own money to show us a live investor-access verified account. This system trades a very dangerous game and a few consecutive loses are bound to put you into VERY DEEP draw down if not an account wipeout.

Due to the fact that there is simply no evidence to backup profitability and the fact that the system uses an extremely unsound trading tactic with a very dangerous progressive money management strategy (five fold increase in lot sizes) I consider the Fish Forex Robot NOT worth buying or testing.

If you would like to learn more about automated trading and gain a true education on how you can evaluate and be successful with expert advisors with sound risk and profit targets please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

Diposting oleh Unknown 01.00 0 komentar

Bogie NN v8 Expert Advisor by William Boatright a Review

Today I decided to write a review about an ea that has been around for a while and has attracted the attention of many forex traders. The expert advisor I am talking about is the Bogie-NN-8v advisor developed by William Boatright. This ea is said to be neural network based and has managed to get profits in excess of 50% on some months.

Well, first of all, let me tell you, in my opinion, what Bogie is and what Bogie is not. Bogie is an automated trading system based on an indicator developed using a neural network approach, Bogie is not a neural network. What does this mean ? A neural network is supposed to optimize itself continously, that means, with each new tick, the expert should reevaluate and reoptimize itself to better adapt to current market conditions. A neural network, in analogy to your brain, should be able to "learn" from past experiences and therefore increase its possibilities of trading the market profitably.

Bogie does not do this, the expert advisor does not continuously optimize itself but is based on an indicator developed months ago which is now, most probably, obsolete due to changes in the way market conditions have changed. To compensate for this, Bogie has to be optimized, that is, some parameters have to be changed in order to adapt the ea to current market conditions. The problem, as you may infer, is that the ea is always being adapted to some period of time before the present which may or may not represent current market conditions.

In essence, trading Bogie is like flipping a coin, if your parameters are aligned with current market conditions you will make money, if you dont you will lose (very volatile, you can expect +/-50%). This type of approach for an expert advisor is unreliable as it is true that expert advisors can remain profitable without constant optimization, which is, anyway, like guessing current market conditions. When do you reoptimize ? How do you know it works ? You cant know.

Furthermore, the use of the NN indicator is completely pointless since it can be replaced by any other market indicator. You can always optimize a variation in any indicator and correlate it with price as you would with the Bogie indicator.

In my opinion, although Williams intentions with this ea are good and I believe him to be an honest person with the retail trader in mind, the expert advisor simply does not work, its approach is flawed by design since the ea is not really a neural network and the optimizations needed are not guaranteed to improve the experts performance. If you want to see how Bogie has performed on forward testing and learn more about reliable and profitable commercial and free expert advisors please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 06.01 0 komentar

Forex Expert Advisors Fx Genius Robot an Unbiased Review

After doing some online research today I found an expert advisor which had been suggested to me for review in the past but which I had put aside because at the time I did not have enough information to put up a well informed opinion on the trading system. Today I have finally decided to write a review about the fx genius robot from which I now have enough information to review. This review will focus on the evaluation of the creators claims against the evidence provided by him, after this I will be able to give my full opinion of the EA and tell you whether or not it is worth buying or purchasing (in my opinion). More over, a friend of mine who bought this system let me analyze it so I was able to checkout its logic and trading mechanism, reason why I have some very interesting insights on this system which I did not have before.

The claims this EA creator makes are nothing short of absurd, turning 100 USD into 170K USD in 51 day is nothing short of a holy grail. It is evident that we have to luck deeply into all the evidence provided since such claims are extremely unlikely to be true given the fact that a system that generated such capital would have a huge market exposure.

When we start to unravel the results on the website we find that the EA is what people would call a "true scalper" that is, an EA that often takes profits in less than a minute and within 2 times the spread of the currency pairs it trades. We also find out that most of the results on the website are from demo, not live accounts. This is a very good reason to be suspicious since demo vs live performance for a true scalper would be extremely different since true scalping often suffers from excessive requotes, slippage, etc.

Now the fascinating part about this expert advisor is the concept in which it is based. Looking at the EA manual and system I find that what the EA does is what we would define as "arbitrage". What the EA does is take the price feed of a "fast" broker and then compare that to the broker in which its trading. When price moves in one direction in the fast broker and fails to move on the "slow" broker, the EA places a trade in that direction and cashes out fast. The EA is able to foresee the future due to an inefficiency caused by the different feeds among different brokers.

Can this mode of trading generate such huge income ? Sure, if it was possible to do this in the long term it would do for sure. However there are many many problems associated with this approach. The first one is that "fast" brokers are generally ECN brokers, and "slow" brokers are generally bucket shops with a dealing desk. The problem is that a bucket shop will not allow you to truly scalp, they will most likely fill you with requotes, slippage, etc before they let your trades go through. An ECN would allow you to scalp but its feeds are the fastest so you wouldnt be able to find a "faster" feed from which you could use the concept. Is there a certain brokerage combination that would generate profitable results in live trading ? Well, you would have to open hundreds of live accounts on different bucket shop/ ECN pairs and find out which one allows you to do this type of true scalping in an endless fashion. Most slow brokers will block accounts that show this behavior during the short term and they even wont let you withdraw the profits you made.

Is such an approach likely to be long term profitable ? I find it highly unlikely since it is based on a purely technical inefficiency of the market (technical in the sense of IT not in the sense of technical analysis). Most likely you will not find a single broker pair that will let you profit from such an arbitrage setup. Sure, on demo you will achieve very profitable results, live trading with regulated brokers will be a totally different story. Of course, even though I find such an approach ingenious from an "idea" kind of way, I believe that trading must be based on sound principles that will with the highest like hood generate a return in the long term. the Fx genius robot is not the case and at 2000 USD, it is too steep of a price to pay for such a an unsound way to profit from the markets. Chances are you will never find any broker pair that fit this trading method.

I would recommend you spend your time searching for more long term profitable trading system, here or on other websites you consider aim for this target. If you would like to learn more about the long term profitable systems I develop and trade please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 17.15 0 komentar

Forex Expert Advisor Forex Insider Pro an Unbiased Review

Today I am gonna focus this post on the review of the forex insider pro expert advisor. As you know, all my reviews are as unbiased as they can be since I dont receive anything for giving good or bad reviews for any expert advisors. I have absolutely no affiliate links or any other ties with commercial expert advisor sellers. I just call them like I see them. The forex insider pro expert advisor is given a great projection by its creator with the following bold remark :

" Let My Robot Be Your Slave To Make Money For You NON-STOP Even While Youre Fast Asleep!"

Well my friends, I never judge expert advisors just by the claims they make, I always judge them by the way in which they backup their claims and the evidence they show us to do so. Looking at the forex insider pro expert advisor, you will see that this expert has absolutely no evidence for any of its claims. he says that the expert is able to trade with a low balance and a low risk and make huge gains. Where in the world is the evidence for this ? I dont see a live testing statement that can even show us how this expert trades on the market.

I mean, I would hire a money manager without looking at at least several years of his track record. Why would you demand any less from an expert advisor if it is actually going to manage your real money ? Well, this guy doesnt show us anything. All we are looking at are some very simple backtesting screenshots that dont even have adequate modelling quality. Needless to say, we dont know even if the expert has a high likehood of having important one minute interpolation errors because we cannot see any statements that point to how this expert trades.

Are we supposed to buy something that does not even prove its claims ? Absolutely not ! As I always say, the burden of proof is with the creators of the systems. This system of course, as you see, is absolutely NOT worth buying and it would take at least a 6 month live account with backtesting to match consistency to make me change one letter on this review. However, I am always opened to changes in my opinions if expert advisor creators support their claims adequately.

If you would like to learn more about forex automated trading systems, how to evalute them, what their characteristics are and how to really trade profitably with realistic profit and draw down targets using expert advisors please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed this article !

Diposting oleh Unknown 08.46 0 komentar

Forex Expert Advisors Forex Triad an unbiased Review

Today I am going to focus on the review of the Forex Triad trading system which was requested last week by a newsletter subscriber. This expert advisor claims to be a "system so robust & powerful it can instantly identify winning trades, transforming you into an expert in every market condition no matter what your current level of experience is... Guaranteed". For sure, the first thing that went to my head when I read this was "they should better have the evidence to backup such a bold statement", of course, after analyzing the whole website I soon arrived to some very decisive conclucions about this trading system which will be discussed in the following paragraphs.

The Forex Triad trading system is part of a group of pure hype expert advisors that have multiplied like ants for the past year. Throughout the whole systems webpage there is nothing but talk, talk and talk with little evidence to backup the things they say. This guy is pretty bold to say that his system is "guaranteed" in any sense as there is not even a single glimpse of proof that can even hint to any of this guys claims being true. For example, this person says that the forex triad system is able to work under any market condition. I am sick of reading this over and over again, why would a person say something works under every market condition when this is NOT proved anywhere ? There is simply no proof ever showed by the guy that tells us that his system is able to do this. Moreover there is not even proof that his system is profitable at all.

The creator of this system just goes on and on about things with no importance and then shows us some charts with "sample trades" and "testimonials" as evidence of a systems profitability. This type of evidence is what I like to call "soft" evidence because it does backup a systems profitability claims when hard" evidence (like verifiable trading statements) exit but by itself it is nothing but an illusion. I could go into metatrader and make those charts in 15 min, I could also write 6 fake testimonials in 5 minutes. Who says this guy is not ? Also, this guy should be aware (if he is no experienced in forex trading) that a few trades are NOT enough to know how a system works, in fact, thousands of trades are required to know this, specially if you want to prove your system works under EVERY market condition.

This type of sales page and the fact that there are people trying to sell systems out there with outrageous claims and NO proof of profitability is something that makes me angry. I wonder how many people have fallen prey to this guy and have actually lost their hard earned money trading this thing. I mean, if there is no evidence for profitability it is probably because the system loses money. If the webpage has a few months, the guy should have at least a few live tests on different brokers and a 10 year old backtest to prove his claims. If he does not, then maybe the evidence was not so "in tune" with the sales pitch. Dont waste your time with this system, it is absolutely, in my opinion, NOT worth buying.

If you would like to learn more about how long term profitable systems are really traded, tested, evaluated and how you can start to make money with realistic profit and draw down targets in the forex market lease consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 00.31 0 komentar

Forex Expert Advisors Forex Combo System an unbiased review

The Forex Combo System is an expert advisor that claims to be a proven professional trading system which offers long term profits. The subject of todays post will be to review this trading system according to the evidence given by the authors. As always, my comments on this expert advisor are as unbiased as they can be as I receive no compensation for giving either positive or negative remarks about the system.

The forex Combo system is devided into three different expert advisors which follow scalping, breakout and countertrend trading strategies. The webpage is pretty straightforward and takes us directly to the evidence of profitability for this trading system. The first thing that we see are backtests for the past 3 years for each one of the trading systems. I have to say two things about this, first, giving results in pips is an absolutely misleading way of showing profits (as the actual result we are interested in is actual percentage of equity and how this relate to pip values depends on money management) second, the levels of profit this guy talks about are absolutely irrealistic. Unfortunately it is this type of system that drives most people to say that metatrader backtesting is completely "worthless" and that people should only listen to live testing evidence. Of course, in cases like this, backtesting seems to be flawed because of a) the strategy has serious problems with interpolation errors because it enters trades midbar or b) the strategy has been designed purposefully to overexploit hindsight. Both of this things should be explained by the seller and the values are completely unrealistic and are NOT true. The system shows the classical behavior of a system that exploits a backtesting failure with huge profits and very smal draw downs. It has been shown that when this type of systems are brought to live trading they fail heavily.

The creator of the expert advisor also shows us some very limited live testing information which was suspiciously only carried out for two months. Given the fact that this was started in march and we are currently in septemeber, this guy could have approximately 6 months of live testing. Why doesnt he show them ? the truth is that he probably doe snot because the evidence did not favor his sales very much. Probably the system started to fail after the first few nonths and he therefore did not dare publish the results on his website. I mean, if I were him, I would have trouble sleeping. How could you sell something to people which you know by a fact, is NOT profitable. Talk about being unethical.

If he stopped the testing because he just didnt feel like testing anymore then how the hell can you sell something to people that you dare not trade with your own money ? There is just no way out of this, once you publish live testing you must keep on publishing it indefintely or otherwise it casts serious doubts on both the profitability of the system and the ethics of the person selling it. In my opinion this is just a worthless trading system like many others which has a backtest that is totally worthless and some very limited live testing that is only there to impress people who are easily caught by the idea of heavy profits (which unfortunately can be many).

Of course, this system is totally NOT worth buying and I would advice anyone who finds a system like this to just run away. However, if you would like to learn more about expert advisor evaluation and how you can stop losing and start a long term profitable relation with automated trading lease consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 22.31 0 komentar

New Forex Expert Advisor for Review PointBreak5

Last week I was very kindly approached by the PointBreak expert advisor creator who asked me if I could forward test his product on my virtual private server and write a review about it.

As I am always looking for a new profitable expert advisor I gladly agreed to test his PointBreak5 expert advisor. I am doing this with no monetary compensation at all, neither directly or from affiliate sales. This assures that my results will be totally unbiased.

At first glance, PointBreak seems to fulfill the requirements I would assign to a profitable expert advisor. Its goals also seem to be pretty doable with a long term profit target in sight. I have started to forward test this ea as of today, using the most conservative setting as outlined in the expert advisors demo documentation. I am using an Alpari 25,000 demo account with 1:100 leverage.

This expert advisor will be commented based on its weekly results, as my free expert advisor portfolios. Let us wait then, the surprises this ea may have for us.

Diposting oleh Unknown 22.15 0 komentar

The Forex Autocash Robot an Unbiased Review

Today I decided to write a review about a piece of software called the forex autocash robot. It is a metatrader expert advisor designed to automatically trade the forex market. I have to say, I am repulsed by the way in which this product is shunned upon people on the authors website, it is disgusting that a person can grip such cheesy and unethical marketing tactics in order to convince people to buy a product.

But well, the way in which a product is marketed doesnt make it good or bad so now I am going to focus on what the software really is. The expert advisor is a typical scalping ea, with a 6 pip take profit and a 650 stop loss targeted at an audience of not too knowledgeable forex traders. The webpages claims that the product has remained in profit for more than 8 years without a single loss. This claim is not backed up by live or forward testing of any kind and with such a small take profit it is very plausible that, even if this results really showed on a backtest, that they are not coherent with reality (due to interpolation in one minute candles). So the first problem with this ea, is that its claims are unproved. The fact that the author does not say or discuss the differences between back and forward testing anywhere is just a blunt proof of dishonesty.

I have had the opportunity to discuss this software with some people who bought it and they all have argued software problems and inconsistency between the websites backtest results and their own at high modeling qualities. So does it show any loses ? Yes, it does.

So now the question appears, with a 6 pip take profit and a 650 pip stop loss, how many trades does the forex autocash robot need to win in order to break even with a single loss ? Well, that number is 108 ! The odds of any system getting such high winning rates is small but, we are not taking into account spreads (which the author never discusses !). So, if the EUR/USD had a 2 pip spread you wouldnt need 108 but 162 trades to recover from one single loss. You can now figure the odds of becoming rich using this systems.

If the systems claims are correct and if the author is honest, he should provide live or at least forward testing information so that people can realize how it works. The author should also provide investor passwords free of charge so that people can verify his claims through watching an unaltered live or demo account.

I have to tell you, expert advisors that deliver what the forex autocash robot promises, do not exist. It is not lack of vision, it is reality. I recommend that when you buy an expert you follow your gut, if it is too good to be true, it probably is ! I wouldnt buy this system, would you ?

Finally, I would like to invite you to read more posts on my blog and if you are interested on other commercial expert advisor reviews or how to really find profitable expert advisors please consider buying my ebook on automated trading or subscribing to my weekly newsletter to receive updates and check the live and demo accounts I am running with several expert advisors. I hope you enjoyed the article !

Diposting oleh Unknown 02.15 0 komentar

The PID SP4 SP5 expert advisor a review Why I never bought this ea

A small while ago there was a lot of hype about this new expert advisor called P.I.D SP4. People were getting mass returns on this expert advisor and so many more people began to converge on this ea and start to trade their capital using the expert.

I have to say, I warned them ! Expert advisors that offer mass returns on some months are very or more exactly extremely prone to lose all their money and even more. As I have said on an earlier post, in my experience, profitable consistent expert advisors seem to have at least a 30-40% draw down of every 10% consistent profit they get on the account. This is simply the balance demanded by the market and the reason why top fund managers almost never get more than 20% profits a year, they are extremely conservative because they know the inherent risk that comes with high profitability.

I never traded P.I.D myself but saw it trading on many friends accounts. The results were just like I expected, this correlation based ea found a point of divergence and the whole account got wiped out. Then, a second version, P.I.D SP5 was released, which although promised to be much more stable than the ea before it, wiped the entire authors demo account less than a month after its release. I dont think the author realized how dangerous and prone to catastrophe his strategy is by design and I dont think he purposefully deceived people into buying something he knew would fail. I think this was just a consequence of a lack of understanding of what the market demands for what the market gives. A consequence of trying to find a holy grail. If you would like to read more about profitable expert advisor, how to find them, etc, please buy my automated trading ebook or subscribe to my weekly newsletter were I analyze current experts I am testing each week (you also get investor access to live and demo accounts).

Diposting oleh Unknown 09.00 0 komentar