This EA or robot is being promoted as never losing a trade in 8 years. They even go as far as posting the statement on the website to support this claim. However, one must ask oneself how is it possible to trade for 8 years without losing ? The answer is that the robot trades without any stoploss and goes for a small 7 pip gain each trade. Most of the time this will work. Infact it may work fairly well for months, but there comes a time when the robot trades just at the top of a reversal, and Whamo ! your account is evaporated. I just made a quick glance through the statement printed on the website, and one example is a trade opened on 2008.04.23 which was not closed until 2008.07.11. I.e. almost 3 months open for a gain of 7 pips. The important question is what was the drawdown during that period ? It could have been over 700 pips assuming that the EUR/USD was being traded. That's a drawdown of 7000 USD over 3 months to eventually gain 70 dollars for one standard lot traded, not to mention the swap interest charges which could have also worked against you. It's a bit like hoping you won't fart; you don't most of the time, but eventually you will.