richard swaby
FantasyDreamTeam
- Messages
- 40
Richard,
you are not willing to correct your completely wrong viewpoint of the terms versus the money-back-guarantee.
Here it is again to fresh up your memory:
It never performed well, neither in December nor in January ( I used exactly the settings you sent me on the best broker for this EA which is FinFX-ECN).
You refused to give me the refund and pointed to your terms:
Offering a refund guarantee and refusing to grant a refund based on your terms is called "intentional fraud" in my books.
I still wonder what there is to argue about.
Here is the performance from Jan07 - Jan27 on FinFX-ECN demo account with exactly the settings you sent me.
Deposit/Withdrawal: 1 000.00 Credit Facility: 0.00
Closed Trade P/L: 2.70 Floating P/L: 0.00 Margin: 0.00
Balance: 1 002.70 Equity: 1 002.70 Free Margin: 1 002.70
The 2.70 Dollars profit make the performance to appear as positive,
but the reason for this is a wrong lot-size at the beginning of the forward test.
Lot-size was 10 times higher than it should have been.
Fortunately for the EA it made some profitable trades and thus went into profit territory.
Then I corrected the lot-size to 2 % risk on each trade and what happened ?
The whole profit was eaten up .
This is telling me that the EA would have ended in an overall loss during January.
I accept that you or others might have made profits in January, but on all of my demo-accounts
( GoMarkets, ThinkFX, FinFX-ECN and FinFX normal account ) the EA produced losses.
That was the reason why I asked for the refund.
Here is the performance on GoMarkets from Jan07 until January 27 .
Deposit/Withdrawal: 10 000.00 Credit Facility: 0.00
Closed Trade P/L: -1 468.14 Floating P/L: 0.00 Margin: 0.00
Balance: 8 531.86 Equity: 8 531.86 Free Margin: 8 531.86
A loss of 14 % of the equity truly does not inspire me to believe that I could ever recover the 500 Dollars
which I paid for the EA.
Galina, it is hard to know what sets you were using, because I sent out a few during January, including updated versions of the EA. However, all that is irrelevant now. I have taken you off my list for updates and after I have refunded you I hope that I have heard the last of this. When the FPA are publishing results and my EA is winning consistently, maybe you will regret your actions, but for now there is nothing left to do but sit tight and wait for the admins response. Believe you me, I want to refund you as much as you want the refund. The email abuse I received today is sickening.