"Now if you don't use any type of stop loss and trade it like I do then you will not BOOK A LOSS. Look at my website on my performance page. I have 32 years over 4 currencies with 8 years each that have NO LOSSES.

I trade with 10-12 currencies... I risk 1% per pair with 10% total being risked." - Don Steinitz

I would suggest that this definition of "risk" is very different from the universally accepted definition of "risk" as applied to Forex trading. In short, the author exhibits no understanding of "risk" whatsoever.

Frankly, this is a concept that should be comprehended by every newbie prior ever to launching their first demo trade. How this misunderstanding gets broadcast as part of a marketing appeal is completely bewildering.

Apparently the author bases the size of his trades on each pair initially consuming 1% of his account balance. While that is the initial size of each trade - it has NOTHING to do with the commonly accepted definition of "risk."

The fact of the matter is that the author's own words advocate using UNLIMITED RISK - which would be entirely consistent with experiencing a 65% drawdown of his account.

If his 1% and 10% figures meant anything - his total drawdown would have been 10% or less. So in reality, the author is confusing lot size with risk, and is not attempting to limit his risk at all.

It would be appreciated if the author would avoid the temptation of once again telling me that I don't understand the EA, and therefore don't know what I'm talking about.

The subject is Risk Management. And your own words make it abundantly clear as to who doesn't know what they're talking about.