View Single Post
  #12 (permalink)  
Old 01-05-2008, 06:03 PM
omelette omelette is offline
Senior Member
 
Join Date: Jan 2006
Posts: 1,031
omelette is on a distinguished road
Quote:
Originally Posted by paradoxical View Post
I just purchased this a few days ago, and the first three trades were wins. I wasn't aware there was a discussion on this EA until someone told me. I read the discussions on forexpeacearmy, and they appeared to be legitimate reports. Though, I have heard some VERY bad things about forexpeacearmy controlling and/or even eliminating bad reviews. Obviously, you have to win more than 4 times the amount of times you lose with this EA, and that is cause for concern. But, the real account record posted here shows a win rate of much higher than 4 to 1, and my real account has 3 wins in a row. I wasn't aware this was on EBAY. But, if I have a product that worked, I'd sell it on a street corner. Don't like that the vendor charges tax, which I don't think they have a right to do. But, why fight over pennies if the EA works. A little pricey at almost $250.00 (with tax). You can either use a set amount of lots, or have the ea place trades at whatever percent of your account you select, which would then compound your return. Finally, the EA isn't always trading. Probably an average of three trades a day. I guess it knows when to stay out and waits for whatever parameters it uses to get in short or long. So far, so good. But, it is wayyyyyy too soon to tell. It's best to test these live. Demo accounts are like play money. People don't play the same with demos and neither do the brokers as they do with cold, hard cash.
Thank you for the info. The trades list posted here actually look pretty good (not sure if it's a demo or real account though) so I'd be really interested to see how this fares on a real account over a reasonable period.

If your results actually mirror these then the price you payed is very cheap - compare this with what another commercial seller that posts his results in this forum charges, and you'll see what I mean!