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Originally Posted by newdigital
alexq,
- I mean the selling of EAs based on backtesting results only is not good.
- it should be proven (by any way selected by seller)
- trading system should be described a little. For example: "EA based on breakout", or "trend follower".
- broker, deposit size and risk should be mentioned.
- it should be mentioned weak and strong aspects of commercial system. But usually the sellers are talking about strong aspects only. Weak aspects should be mentioned by sellers (not by me and not by buyers after buying).
- If the seller is just started EA creation and just started some other service - it should be mentioned as well (experience).
- no any agressive selling and agressive promotion (repeated posts and so on).
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ND, these are excellent ideas that should be implemented. The commercial section should be moderated. However i'm not too sure about the Admin testing each commercial product first. I think that if they include there product as long as it abides by the rules stated above, then it should be a matter of "buyer beware" rather then you single handedly testing each and every commercial product out there. Great work though ND, moderating this site must be very difficult in general!