I am pretty sure that if such a law exist that it relates to physical goods. The laws relating to intellectual property will be different.

It depend of the state, Signal providers, Hedge Funds, can't be enforced but Software Companies or any developer of intellectual property can be is his product fail to perform or cause a loss to you. Of course if you hired an EA developer to program a system based on your own rules, you can't sue him for non performance unless the system don't follow your rules.

Unfortunately most EA Sellers or developers of Black Boxes elect to commercialize their systems from states where this law can't be enforced or from outside of our country.

__________________
I have not failed. I've just found 10,000 ways that won't work.
Thomas Alva Edison

This is simply not true and you obviously have no idea of what you're talking about. There are no performance guarantees and no promise of fitness for use. The principle of Buyer Beware applies.

Law is pretty complex my friend, we can write books about it. I will not discuss details here because this is not my threat. But I want to add that there is a case going against a well know martingale seller, he already shutdown his website and is in the bankrupcy process to avoid pay anything to the plaintiff who loss his entire 150k account.

__________________
I have not failed. I've just found 10,000 ways that won't work.
Thomas Alva Edison

Hi Project, I'm not in support for pipboxer, I am not their customer, i don't even buy their products, I also admitt there are so many scams out there .... but your statement with no loss guarantee in trading is a bit weird ...... I will put 100% of my assets in trading law like that, ..... and no one will trade stocks on the NYSE or NASDAQ anymore, .... nobody will trade option, just put all your wealth on that no loss guarantee trade

It will make some great story if one buy some EA for several hundreds bucks, then put millions on the line to trade by that EA, and any losses whatsoever will be taking care by EA seller

I think the only no loss guarantee investment so far are savings and CD's or something like that ..... (losses only from inflation)


Just a thought

PS.: I'm not a lawyer, so probably by law, the no loss guarantee trade is really exist .. i don't know

Probably you are right, probably this system is the safest one, probably it also work.....I don't know.

But to me, weird is a seller who take our money to deliver dreams or promises. We give our money to the seller and the risk is always in our side, sellers never risk anything.

Maybe the world work that way

Anyway, please, I don't have anything personal against aparsai. I am only testing his demo system on demo accounts but without any luck or success not anything comparable to the success he reported. but maybe I am doing something wrong.
Also he is not obligated to give me any support because I didn't bought anything from him.

__________________
I have not failed. I've just found 10,000 ways that won't work.
Thomas Alva Edison

Hi etts,

Thanks very much for your post. I quite agree with you about the fact that Forex is a zero sum game and I don't want to argue with that. It's impossible that everybody be a winner.

However, please keep in mind that there are thousands of banks and financial institutes and millions of individuals who trade Forex on a daily basis. If I get lucky I'll have one to 10000 customers out of this huge crowd. I can assure you that no matter how much money they make they do not generate a ripple in the ocean of forex.

In contrary to many other EA sellers I never claim that you are buying Holey Grail from me. PipBoxer helps you grow your portfolio and you might be able to double up or at most triple your balance within a year.

In real life there are many limitations that cannot be shown on back-test. The back-test results are just to show us whether a system can be promising or not.

I sell my system because it helps me to make more money and I continue to do that as long as possible.

Please let me know if you have further concerns and I'd be more than happy to answer.

Good Luck,
Al

__________________
Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker.
PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com

Hi project1972,

Thanks very much for your post. The correct server time for IBFX in summer is -1. The FXDD time is 2 but as far as I remember the correct time for NF is 1. I will very soon publish a text that clarifies the server time for every broker. Until then you can refer to the following post from Forex Factory for more information about the server time.
http://www.forexfactory.com/showpost...&postcount=373

Your results can be different from mine due to several reasons.
1. The broker that you pick. My broker is MIG FX.
2. Incorrect _server_time settings
3. The Internet connection and connection to the broker's server
4. The duration of forward-test
5. The absence of position sizing tools in demo files

I use VAR=5% for the top-5 EAs and VAR=1% for the rest of EAs on my forward-test account simply meaning that top-5 EAs define the major direction of my account balance growth or draw down. When you use a demo PipBoxer you need to look into individual pairs and see how they acted.

For example when you trade fixed lot size of 0.1 lots if a GBPJPY trade loses 240 pips you lose roughly 200 dollars and if a ERGBP wins 30 pips you make roughly 60 dollars so in total you lose about $140. On my system because I set VAR=5% for both pairs no matter how many pips they lose they almost lose the same percentage of account balance so the GBPJPY loss is almost covered by the EURGBP profit meaning that I might even gain a few dollars. This is the beauty of Risk Management.

US Consumer Law
Unfortunately you have not understood the law correctly. I won't explain why and how but I have done my research. You are purchasing an EA absolutely at your own discretion and your gain or loss is yours.

PipBoxer is not an scam. It's transparent, well explained and open to everybody. I let you have the demo version. If you feel it's a loser you can simply ignore it. If you feel it's a winner you then decide to purchase it. I do not encourage anybody to purchase my system. Every months thousands of people download the demo and only a small percent of them purchase the system. I don't mind. I prefer gradual growth and a handful of happy customers rather than thousands on unhappy ones. I support them, update the system on a monthly basis, and review it constantly to make sure than they and I stay profitable.

Please let me know if you have further concerns and I'd be more than happy to answer.

Good Luck,
Al

__________________
Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker.
PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com

I didn't test MIG because in months ago they only gave 30 days demo accounts, I don't know if they still have the same policy but as you know 30 days is not enough to test any system.

As you said I was running incorrect time settings, FXDD and NF both are now two hours in advance of IBFX, because that, if IBFX time is -1 both FXDD and NF should be 1

I have redundant High bandwidth Internet Connexion with almost 0 Downtime from long time ago, it should not be a problem.

It is a little less than one month, I know it is a short time but anyway my results are different from you in the last weeks.

This is Big Problem, I know how important is a good Money Management, it can be the difference between a winner or a loser as you clearly demonstrate in your web page. My question is: Can you make a demo version of your system EXACTY the same as your real one but limited to be used only on demo accounts for testing purposes ?

It mean with the same MM and Same settings as your real one.

By that way we can test on demo the SAME system we will received if we buy it for real accounts.

I don't know if other buyers are like me, but I don't buy anything until I can test it for a extended period of time on demo accounts and understand the system in full, including his strength and his weakness.

I really like breakdown systems and I think they are the only systems with probability of get profit in the long rung, and I also consider that if a system is capable of deliver at least 40% profit yearly with low risk, it is outstanding in the investment world.

I intend to run at least a 6 months test of your system but the results of a limited system may not be valid because the added features of the real one can make a big difference for better or worse.

My question was answered I will not enter in details here or start a polemic about it. I appreciate your honestly response

__________________
I have not failed. I've just found 10,000 ways that won't work.
Thomas Alva Edison

Hi Project1972,

Thanks very much for your understanding. Make sure that I'd be more than happy to answer all your questions and concerns.

I am really willing to add position sizing feature to the demo version but a big problem with MQL security stops me from doing that. It is possible to decompile an .ex4 file. I had to remove a piece of EA to make sure that even if somebody uses reverse engineering he/she loses a big chunk of the program. However, I might be able to somehow work around that issue.

If I come up with a good method I'll definitely add this feature to the demo. If you have anything practical in mind please let me know.

Thanks very much,
Al

__________________
Disclaimer: If you trade my EAs or systems or taking my advice including but not limited to selecting a broker, you are doing so at your own discretion. Forex is a risky business. You may lose substantial amount of money by taking the risk of live trading. I shall not be held responsible for your losses or problems of any kind with the broker.
PipBoxer.com / PBHelp.com / ForexBrace.com (Free MQL Training) / GridBoxer.com / Investatech.com