Forex Automated Pips
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Hi all,
I just received a mail from the only honest affiliate in this market:
yesterday I've sent you an email about AutomatedPips.
I received some replies back and a question if I really
believe this EA hype.
Actually, I'm very reserved against automatic trading systems.
The few that really work are very hard to find.
We have to be very careful with any EA, and I admit I personally
trade only my own robots because I know exactly what they are doing.
But not everybody is a programmer to be able to do that.
I learned about AutomatedPips from a friend, and I thought
it might be interesting, because they are showing live proof
for 5 years!
I checked the results and they passed my quick test of a good EA -
it was not a scalping system, and the results seemed to be consistent
on the first look.
Unfortunately, just recently I learned an interesting thing about them.
Their statements are from MB Trading broker, but after a research
we'll find out that MB Trading did not actually have MetaTrader platform
back in 2006, so the statements on the website are indeed FAKE.
They are not live account statements.
For this reason I DON'T RECOMMEND this EA.
Also, I'd like to apologize for wasting your time with a product
I didn't know first hand.