Thanks Vix for the confirmation on the Friday trade details, and the pointer to the Watanabe tests.
Thought I was going crazy as I was watching that UJ trade on Friday on Igors FPA statement, seeing it in the open trades section, only to disappear when it was knocked out at a loss by the employment data... and then for it never to appear in the list of closed transactions...
And now there was another EJ trade today that you got, that appears on both the Watanabe statements, but not on Igors... Did you happen to see this EJ trade in the open trades section of Igor's statement while the trade was open?
What about the currently open EJ and UJ trades I see on Watanabe statements, are you in those? Looking at Igor's statement he appears not to be...
Once again sorry to hear the EA has caused you losses, not your fault, you probably acted on Igors FPA statement, which currently to me is looking more and more likely that it has been tampered with, therefore one could say is fraudulent... Disgusting.
I don't think there was tampering, it was more that Ea was turned off for that acc, and if you don't see live trades immediately it could be just as a protection from trade copying as many EA sellers do (but for what reason, especially here since it would be more profitable to trade against these trades).
Yes there was EJ UJ opened and closed for break even, and again opened and EJ closed with loss, UJ is still alive, but since all other failed I am guessing it is probably only matter of time when this one will go to red zone.
It once again tried to guess top of the trend which is proving not to be very lucrative. Just look at Genial Invest EA, they had great success at first, also going against trend only to have it go against them.
Only sad thing here is that if 500 copies were sold at 400 USD a piece it would be around 200.000 USD profit, and lets say reseller takes 50% which is probably unbelievable it would leave 100.000 USD of profit for programmer, I would think there is even more since 50% is very high so it would be more likely 30%, and if programmer paid taxes still he would have left at least 50.000 USD, but I belive that number is closer to 100.000 USD or even more, and most of the buyer just got short end of the stick, paying EA they lost 400 USD and lets say and average loss amog trader was 400 USD per acc (I would belive it was more) it only calculates that this EA wasted around 400.000 USD of buyers money.
In defense of Igor I think he believes in his EA, I am guessing that on fact that he sold limited number of copies and he wanted to create PAMM acc to reap benefits of future investors at 20% of profit for each month, not that likely to happen now, but fact remains this EA is very upsetting for me.
Ok update: I am stopping EA since it devastated my acc, I need to lick my wounds and earn some money since this has put a dent on my financials, so if you want to help you can buy my iphone app> PhysiqueBuild and I promise that it delivers just as said on itunes page, and it doesn't cost 400 USD but only 1.99 USD (one cup of coffee) and it wan't lose your money as this EA, it could save you a lot if you are into fitness, healthy living and workouts!
http://itunes.apple.com/app/physiquebuild/id438196915?mt=8&uo=4