Hiccups
Dear FPA Friends,
I believe that the Human Expert Advisor (EA) that Mark Rayner offers has a great potential. Human EA means that the EA is a Human being.
As you can verify, the Human EA system allows one to reproduce the trades that Mr. Rayner does (automatically).
This is done through a clever interphase that needs to be implemented in the user's computer.
Therefore, I can envision that for newbies (and perhaps for more mature traders), this would be a fantastic investment because it is similar to having an Account Manager but with the significant difference that one would have the option to modify, and even override, the trades made by Mr. Rayner.
This latter aspect is important because, as the reviews in this FPA website show, Mr. Rayner results are not 100% and, as he points out, one should agree that nobody should expect that a trader be 100% right all the time.
Please, read the comments made by clients and the response by Mr. Rayner.
As you are obviously using the internet, you are clever enough to use your search engines to get a feeling for Mr. Rayner's services (past and present).
I will stop here the above discussion to go on to another aspect of Mr. Rayner's service.
Things seem to be looking up.
It recently came to my attention that a friend of ours had an unsavory experience.
Briefly, this person paid for the 7-day trial subscription but was charged for the trial plus the regular subscription.
It took quite a few e-mail messages to undue this situation.
I cannot especulate as to the reasons for this and I think it would not be productive.
Suffice to say, the situation was finally resolved on April 1st, 2010.
Fortunately for everyone,
Mr. Rayner just switched to a free trial option.
That is, now there is no need to use credit card, etc.
This will avoid any hassle for anyone.
Another service that Mr. Rayner offers is participation in the strategy reviews of Mr. Dale J. Pinkert - a veteran trader (forex and non-forex).
Unfortunately, as not all people are able to attend this activity, and as there are other offers in the market (e.g. those given by quite a few websites), it is hard for me to evaluate this component of Mr. Rayner's service (see above discussion on the success rate).
Furthermore, since this service is directly linked to the success of Mr. Rayner's trades, the reader is left with a puzzling decision.
Hope these comments help future users of the service.
C.A.