Recent content by Pyer2

I made this request also a long time ago. If purveyors of EA's expect you to buy their product & run it on your live account then they should definitely have the courage to use their own money to do the same. Toms EA will be interesting. Dustin Pass has left a massive trail of destruction in...

Thank you Thank you. That sounds like a plan.

Yes but did you make a good profit? Will you be subscribing for a 2nd month?

CableRun Drawdown This concerns me somewhat. I always thought relative drawdown included open positions. CableRun is experiencing a 16%+ drawdown yet the report only indicates a very impressive 1.3% Uploaded with ImageShack.us

Performance - What Happened? What has happened to the performance? Is this correct or a mistake? 25 losing trades in a row on the same day!

The Muralert Non-Repainting website is a complete and utter scam. IT REPAINTS! Obviously he is able to provide lots of pretty screenshots of how wonderful the signals are - because like I already said IT REPAINTS! He has even gone to the trouble of producing counterfeit trading...

FXCH Scam The internet is littered with horror stories of people who have had unscrupulous dealings with them, not just on this website. They advertise 1 pip spreads and scalping EA's work sensationally on their demo accounts, but it's all an illusion. They are 100% scam. I've read other...

It is necessary because Live EA performance is always far worse than Demo EA performance, so much so that some EA's are profitable on demo and not profitable on a live account. Especially true of scalpers. Most brokers use a different data feed for their demo accounts to that of their live...

What's Worse? I can't help but wonder what is worse. Virtually every EA has a hyped up landing page that makes outrageous claims of performance that the EA fails to live up to. Most of them wont even replicate the claimed performance on a back-test or a demo account let alone alone on a live...

Lexxus Pro Risk Settings Hi, I am interested to know what risk settings are being used by the FPA for the forward demo test on Lexxus Pro? Cheers, Pye

Wouldn't The Opposite Be True? More buyers than sellers cause price to go up / more sellers than buyers causes price to go down. I can't see any validity as to this being the reason why signal services & EA's fail in the long term. If there were so many subscribers trying to get the same price...

Off Market - Pfffff It amuses me that brokers cry 'off market' if the trader makes money from one of their price spikes, yet if your stop loss was blown out by that spike then you can guarantee they will be arguing 'on market'. I remember once being 1/2hr into a trade and 50 points in profit...

EA DOUBLES Forex Peace Army Account Poison Robot are leveraging sales off the FPA demo account perfomance. NB the misleading statement "turned a 5000K investment into over 10,000K" Here's the email below. Poison Robot just DOUBLED Forex Peace Army's Performance Test Account. "This...

Ken, glad you're amused. Allow me to pull you through 1 step at a time. The majority of people perceive the FPA's reputation as being independent, honest, reliable and 'sticks up for the little guy'. If the FPA 'independently demo tests' commercial Expert Advisors and the results are positive...

Demo Vs Live Testing I justed wanted to chime in and remind everyone of the vast difference between Demo and Live trading. I have been trading with EA's for a few years and can assure you that the results are always profoundly different, especially for the scalper EA's like FAPT The data fed...