Ooops, forgot to post:
---Quote (Originally by lolpie)---
If this software is so bad, how come so many people rated it highly in the polls?
---End Quote---
The reason is simple. This EA usually performs OK the first few trades. But "no loss" means it never closes a trade. So 3 weeks down the road, when you get a margin call............its to late. Ask yourself, why is this poll closed? The first time I saw this thread the poll ratings were MUCH higher...... then as soon as they started dropping? You guessed it..........the poll was closed. I bought this system when it was $50. Since then the "system" has been updated and fixed to many times to count. After all that......it still sucks. Look at his finish in the Automated Trading Championship. Participant Steinitz - Automated Trading Championship 2007 (
Participant Steinitz - Automated Trading Championship 2007) Of course he makes excuses in his discussion section. Oh yeah, here's some proof on how ignorant Don was when I bought this software from him:
*Don Steinitz <steinitz@cox.net> wrote:
I'm interested to find out how you are able to go back to 2004. I've never seen data available beyond 18 months. *
I have the email where I walked him through the process to get backtesting data.Now he's showing backtest results from 1999 on his website.....*guess who taught him how to do that.........ME!!* I asked for my $50 refund, not because I need the money, but it's the principle of the point. He scammed everyone. Using any stoploss or trailing stop does not help. If it did, he would have won the Automated Trading Championship............or at least finished above the $10,000 starting they gave him.