I am Very Bothered…

Filed Under (EA System, Journal) by Casey on 13-03-2009

Tags: ,

One thing that really bothers me… With the new MT4 platform, they could easily post their forward testing proof by allowing others to download the brokers platform, installed it and log in to the account as an investor to withness the actual live proof…

But no… these forex system authors just post a half bake statement, never identifying who the broker is or whether the picture is fabricated. I mean hey we are in the 21st century and anything can be photoshoped edited and reproduced. Proving a point with how EA could easily be cracked, repackaged and resell it in a different name why not pictures no??

I think they are aiming for newbies in forex. And I believe with the current ecomony situation there will be a lot of hungry lambs around trying to make an extra buck. What a way to make a living… I mean those forex EA author.

No season forex EA users will fall for this marketing trick. They maybe curious, and also ruthless in someway, but hey… open internet freedom.

Now here is one trick I believe some of the season forex EA users are using to get hold of an EA. *This is very dirty* and I believe that I am not the only one who can come up with this sort of idea.

They will purchased their EA, find out if it’s from Clickbank, then they will use if for a few weeks (less than 8 weeks) and then BOOM!! They will request for a refund from Clickbank. It’s it not difficult, Clickbank does not ask questions, they will straight away provide you with a refund.

And then what do you know… FREE EA for everyone!!

So the risk here is the forex author/seller… So what are they getting out of this if thieves can easily get away with this?!? Why not use Plimus.com OR Paypal as their selling platform? Why Clickbank when they know and I believe they do know that Clickbank will not tell them that there is a request for refund made. They straight away give the refund, no question and answers needs to be given. That is a reason for a threshold which Clickbank has when it comes to sales made over Clickbank.

Anyhoo… I am guess that these forex EA sellers are playing the numbers game.

500 copies at 197 a pop is 98500 in total sales. Say Clickbank takes 2%… 40% from affiliate, hosting and work time is 5%, refund rate is somewhere between 1% to 5%, we will take 5% to be on the safe side. Whatelse… hmm…. oh yeah.. pay for video testimonial… :) *I guess you know what I am insinuating*

Ok let’s work the figures

2% to clickbank is 1970
30% are affiliate sales or commission being paid out.. 29550
5% cost of hosting and work hours 4925
5% return sales 4925
5% misc 4925

That would make a total cost of 46295

Deduct revenue 98500 equals 52205!!!!

A whooping over 100% return!!! Bloody hell!!! It’s better than trading forex!!!

And this mind you could only be a months worth of work! I think I am in the wrong business, if I want to make money trading forex are for wussy… The big boys are playing the internet game…

F*&K!!

Ok… I am just pulling out of the air some figures and a lot of assumption are being made here. But this possibility is possible no?? The only risk or capital needed is the cost of hosting and work hours… Other than that…. everything else is pure profit!

Hmmmmm…….

I wonder… this could be one of the incentive to repackage a forex EA and then sell it out to hungry lambs wanting to part their money to make more money with a promise of an EA that makes 185,000 in 60 days!

F*&K ME AGAIN!! If you could make that amount of money with this EA why sell it, why not just TRADE it? why not post it in a contest, WIN PRIZE MONEY? If you want to sell it, why not put in more effort to really fullproof your EA so that it will stop thieves from taking it and than distributing this EA for FREE? Since one will be able to make more capital from the EA trades.

Sighhh… such is the world of freedom on the internet… That is all I can PARTIALLY conclude… I feel sorry for those lambs…

Comments:

There are (3) Comments for the I am Very Bothered…

Post a comment

Anti-Spam Protection by WP-SpamFree