Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time). Click here to register and get more information
If you decided to try/use Transformer make sure it is the ONLY EA on your account.. This product DOES NOT use Magic Number checking and therefore it will control any/all trades made in the account..
And yes this the same as Forex Conqueror.. Another Copy Scam Artist..
I opened this thread to warn every body about this site and there product.
I saw some threads opened regarding Forex Trading Signal - Forex Indicator & Expert Advisors in some of the Forex forum, so I thought form its performance this is what I want, despite that the price of it was so expansive. I said it should worth it.
I looked in all the forums and review sites to find any thing negative about this site and its EA and I found nothing.
Then I emailed them several times asking about this EA, its performance, broker working on etc. and their replay comes quickly.
Then I decided to buy this EA.
I could not pay them through paypal because of some errors happened (paypal did not accept the payment). So I asked them for alternative way i.e. wire transfer or Western Union. They told me they will accept Western Union.
I rushed and I payed them. Payment details attached.
The man name is DIKI SULAEMAN S.T from INDONESIA
After thy payment I sent to him my account no. in fxcm.com. then he sent to my the EA.
I followed the installation instruction as is it written and I run the EA.
Look now the long story is going to happen.
After installing the EA I found it not working as per their performance. After few days what I got is 3 lost trades.
I emailed them and they told me to run it in VPS, I got a VPS and then I run the EA on it. Still no improvement.
I emailed them again. And I gave them my VPS username and pass, to check whats wrong.
Note I have to email them several times to replay to me. And after a long time the replay came.
"We apologize for the delay in responding your e-mail, network power in our
office affected by lightning. So that we can not do any activities.
We tried several times log in to your VPS, but failed. so that we can not
know your problems. Will you send password is correct? "
Then I emailed them again with the details despite that they were correct. And also after a time they came back to me.
The historical data in Fxcm.com is not full.
And they asked me for my account password so they can trade for me. ((look at that))
Ok I have asked them for the best broker who has the Historical Data and work will with there EA.
The answer came its Al-Pari-UK as per their website performance.
Them I opened a new account in Al-Pari UK, downloaded the historical data. Installed the EA and still no improvement.
I emailed them again asking the to check and see what's the problem.
I fed up again and after others emails the told me that they need my password to solve the problem. And after giving them my pass work there answer came " Thank you for giving us the full trust to manage your trading account. We will provide the best for you. "
Thats what they want (to manage my account) there EA is bullshit ((BE CARFULL))
new twist to Positivepips signal service scam
This is to warn folks who maybe taken in by a smooth operator Emerson Duhart who was not long ago selling a bogus EA for $3-5K to newbies and all the forums had his number.
Now it appears that he has rebooted and now selling a signal service? Why does Emerson not trade his own signals and make his own monies trading? Where does he get time to defraud the public with lies and unethical behaviour and givinf forex a bad rap.
Here is what an accomplished trader has to say about signal services at FF.
Ask the signal providers to prove actual traded signals performance
What Questions to ask the currency trading signals provider
1. How is their customer service? Email them. How long does it take to get a response? Are they polite? Is their answer helpful?
2. How often do they call trades? Usually the less often, the more likely they are to be a profitable service.
3.Do they give money and risk management advice?How much position size to trade and what % of account size to trade.
4.Do they give live access on skype,msn,yahoo messenger etc?
5.Do they provide only trade entry signals ?or do they provide both entry and exit signals?
6.What currency pairs are traded?
7.Refund conditions if signals are not delivered
Avoid signal scammers
The only time a signal seller can considered is if he reimburses a buyer for losses as a result of signals Be smarter than signal seller is.Many Online signal sellers believe they are better than you are! Do not allow them to cheat you. The basic principle of scamming opportunity is to offer you exactly what you are searching for.....a forex signal service a holy grail which will turn your trading into profitability,. Easy money for nothing. Signal Scammers know this fact and they will offer you a great income for only small investment from your side. Here is the hook. They are living on small investment but from several people. Yes they are able to make pretty nice cash but you are the person who pay their dreams.$10 a month is not a lot of money , but signal scammers get $10 from 5,000 buyers from example , it makes $50,000 a month for the scammer
seller advertises trading signal service with a high success rate. 1000 people sign up to try it. The forex services send signals to 500 subscribers to go long on EUR/usd and 500 subscribers to go short on EUR/usd. Let's assume that the forex market in fact goes long for EUR/usd. Now 500 people are happy, and 500 people are mad. The 500 mad people may quit the service (or they may give it a try for longer).Next month, the automated forex service takes the 500 happy people, and signals 250 to go long on EUR/USD and 250 to go short on EUR/USD. Again, let's assume that the forex market goes long. Now, 250 are happy, and 250 are mad. Of course, the 250 mad people may still stick around, but the end result is, that the forex service has made 2 months worth of subscriptions from 500 people just by using the "flip-the-coin" algorithm. I would say that is a scam, wouldn't you?
If you decided to try/use Transformer make sure it is the ONLY EA on your account.. This product DOES NOT use Magic Number checking and therefore it will control any/all trades made in the account..
And yes this the same as Forex Conqueror.. Another Copy Scam Artist..
Not only that, but this scam artist, who claims to be a seasoned trader, does not refund!
Does someone have consistent reports/statements on FAPTurbo, MegaDroid or Winalot/EAzeGor for more than a month? Live accounts, please...
It is easy to understand one´s hunger to find a profitable EA, even a paid one. However it´s very hard to find any reasons why someone would sell something so lucrative for such low prices! Any thoughts on that? Would any of you sell it?
__________________
If God doesn't exist in our world, then I will create God with my own hands! Krelian - Xenogears
I began researching EA's because I have been thinking of taking my own mechanical system and placing it into robot form because of health issues. I've spent a serious amount of time gathering info on how to get this done. Along the way, I've gotten a look at the EA developers, programmers, and marketers and formed what I think are some reasonable conclusions.
Almost every EA website that I have seen hits me the wrong way. If these sites are an example of high end internet marketing, I'll pass. I admit that I was not a potential buyer then and I am not now, but most of the ones I have looked at are an insult. Some of the ROI claims are pretty grand to be sold for only $97. Most of us have come to admit that there is no Holy Grail. But, if I ever decided to sell my own system, it would be at a price that made it possible to provide accurate trading records, a proper physical address, telephone numbers, full time Tech Support and the other normal services for the customer. And, a reasonable profit to keep the thing open.
I'm not a programmer. Those that I have contacted for quotes to program my personal system are not cheap. Yet they all say that it is a relatively simple program project. I realize a system seller is going to spread the costs over a large number of sales while I'm paying for a one off. But, from what I can tell, with the affiliate programs they have, their websites and the ad space they buy, they must expect to sell a lot of them. Then again, one system website claims they have sold over 43,000 copies! That would pay the bills, I suppose.
Countless times, I have read posts that question why anyone with a good system would consider selling copies to the public. Yet I see plenty of threads and posts offering trading ideas for nothing. The simple truth is that some people have a knack for discovery, research, innovation, and programming. That doesn't mean they also have a great supply of money. And, we all must remember that where there is money, there are those that spend most of their time trying to steal it or scam others out of theirs. So, protect yourself. If I were in the market for an EA, I would demand historical trading records, and a bullet proof money back program such as those offered through Click Bank. Then I would run the heck out of it on a demo until I decided it was worth the risk of real money or needed to go back to the developer. If the seller couldn't meet those conditions, I would simply pass.
But, there is another side to this. Recently, I received a call from an old friend telling me that he had joined the club and purchased an EA. Within a couple weeks, he was on the phone again yelling that he was loosing money and had been ripped off. He was going to raise some heck about it with the seller and on the web to anyone that would listen. Since it was loaded on his laptop, I asked him to bring it over so that we could go over everything. It didn't take many questions to see problems. His EA was designed for two specific currency pairs. He wasn't trading either one of them. He had often closed trades by manual override. He sometimes turned his laptop off.
After getting it properly set up on a new demo with the right pairs, we just let it run for a few days. Just like magic, it did its thing and he began to see several profitable trades, one after the other. It was a scalping EA, so they weren't big. But, they were winning trades. He took it back home with him. Two months later, he called to say that he had just shut it off and wasn't really doing anything with it anymore. Why was that? The small profits from his mini account just weren't very exciting and he was bored with it. Bad EA or bad trader? You be the judge.
I began researching EA's because I have been thinking of taking my own mechanical system and placing it into robot form because of health issues. I've spent a serious amount of time gathering info on how to get this done.
...
Islandssailor
Nice post. Is your system already EAed? I wouldn´t mind doing that for you, as long as I get a copy of course. I have been working with some people here and on my own ideas. It would be nice to hear something new.
I cannot express any opinion on that knack for discovery. Although we all have that will for the new, the credits, the adimiration or even the selfless giving away, it is just hard to accept one doing what might be the end of his uniqueness: pratically telling the world how to be as wealthy as he! That apply to teachers and books as well: why bother writing or teaching if you already have your way with trades? Well, just discussing...
Anyway, if you need an EA, I can help out. Write here if you want it public. If not, PM me.
Regards,
__________________
If God doesn't exist in our world, then I will create God with my own hands! Krelian - Xenogears
Nice post. Is your system already EAed?
I cannot express any opinion on that knack for discovery. Although we all have that will for the new, the credits, the adimiration or even the selfless giving away, it is just hard to accept one doing what might be the end of his uniqueness: pratically telling the world how to be as wealthy as he! That apply to teachers and books as well: why bother writing or teaching if you already have your way with trades? Well, just discussing...
Regards,
Hmmm .... the old line in my day used to be: "Those that know, don't tell. Those that don't know, teach." I've found that to be unkind and mostly untrue. As a young man just starting out, I was surprised how many of the old guys would walk over after the dust settled and have a little chat with me about the really dumb moves I made. And more importantly, how to keep from doing that again.
Still, people are strange. Years ago, a friend and I developed a mechanical system for trading Beans. It did pretty well. A few others noticed our sudden success and asked what we were doing. We decided to make them buy the beer and share it with them. We were pretty pleased with ourselves. More so when they began to make some good trades each day. It didn't last. Within a couple weeks, each one of the guys we taught had "enhanced" the little system and began to loose money in Beans again. Next rumor we heard was that we had given them a bogus little system that had cost them money. So, the next time we found something that helped us trade better, we kept it to ourselves.
Other extreme? I have a good friend in Europe who loves to spend his time building good little trading programs. I think he likes that more than trading itself. What does he do with them? Sends them to anyone that shows interest. Good guy. He could go commercial, I believe. Don't think it will happen.
To stay within the thread, avoiding Scams and Rip-Offs includes keeping expectations within reason. If someone says that their EA will turn your $500 mini account into $1.6 Million in 14 months, doesn't that really cause you to pause? It could be true, I suppose. But, wouldn't you need some really strong proof before you bought into that program? And, taking that to one more level, if you bought the program without strong verification, who's fault is it really if the thing ends up being pure junk on your hard drive?
Trading isn't easy. It requires some study, focus, work, and more than a little dedication. It seems to me that EA's have quite a good future in trading. It wasn't that many years ago that high trading technology was a Texas Instruments pocket calc.
Fair winds,
Islandssailor
No, I haven't EA'ed it yet. I'll drop you a line and tell you about it.
=================================================
Here is definatly a teaser...I know I have tried it: But have fun. You can put in login and password and watch the munipulation: IMO HOME
Linear Mode
