Comments on: Shameless… Just Shameless…

By: S.G. Samuels

S.G. Samuels — Thu, 12 Aug 2010 00:20:27 +0000

We’ll I’ve tried over 220 forex EA’s and received refunds on 216 so far. Most are junk. Decompile shows poor math or very little code – no good entry, no money management, poor exit – lots of luck.

I wrote a book on the Forex that received an Author’s award and it’s on my website at http://www.secretforexreport.com/ as well as Barnes & Noble, Amazon, Borders and others. Let me know if you like it or want to resell it. It was written to help beginners and intermediates do well on the Forex by reducing and managing risk properly. I also discovered and have documented some potentially profitable trading methodologies.

There are a few good EA’s out there. The best place to find out is at http://forexpeacearmy.com/

I am going to launch a few of my own EA’s soon and I’ll be happy with brutally honest feedback because I’m an honest person who lost enough from the scammers to want to return it in spades to the average joe. Keep an eye out and let me know.

By: Jon

Jon — Fri, 12 Feb 2010 23:38:52 +0000

All laughable joke. Considering Don himself ripped off one of funyoo’s Heiken Ashi MTF EA. All he did was add the hedge code to it. Any one of us can copy and paste the function codes from metaquotes forum. All the codes were created by metaquotes and everyone just copy and paste it. Just come up with a strategy and copy and paste then compile. Big deal.

By: Chandler Wheat

Chandler Wheat — Mon, 21 Dec 2009 15:53:42 +0000

Don wants to make money period

By: saucebook

saucebook — Thu, 19 Nov 2009 16:44:20 +0000

Hey Casey, Great investigation. How the **** did your pal manage to tie the website photos to the istock ones? You nailed those guys good! I am sick to death of the constant stream of overhyped EAs (and gambling systems) clogging up my inbox. Now all I’m using is WinPro from Easy-EA.

By: Casey

Casey — Thu, 12 Nov 2009 08:45:32 +0000

@J Santos… I agree ppl are already numb to the fact that most of this EA out there are or could be a scam… I just highlight it just to continue to create awareness.

As for testing Forex Bling’s grid EA… It’s a martingale, I believe I have fulfill my objective with this strategy with Cyborg… and do not have enough capital to toy around with another Martingale EA… Have to lock up my capital for another venture that I am pursuing right now.

@Marty, @Kittisakh, @TradeProfits… thanks for your support.

@Onur… sorry… I can’t find a plugin for wordpress where comments can be edited by their originator

By: onur

onur — Thu, 12 Nov 2009 01:59:34 +0000

Hi Casey, no edit function?? Hate to see my typos..

By: onur

onur — Thu, 12 Nov 2009 01:57:35 +0000

“There is no need to comment on this unless you are looking to become an affiliate.”

Pretty cynical, this Don Asshole… He is one of this guys who never made a single buck with trading.

Stay away fellows from his”products” !

By: SquareRoot

SquareRoot — Wed, 11 Nov 2009 23:49:46 +0000

This is not a scam according to Don Steinitz. This is an affiliate. Here is his response on his forum ….

Relax everybody:

This is my site that I partnered up with to offer our software to affiliates. In other words it’s the same software with less functions because we felt all the numerous functionalities were confusing people and were not really being used anyways,

This was my attempt to give back to you guys so you can make 66% of the sale of the robot. Sales are going through the roof and there are some major affiliates out there making some serious money. The affiliate business is huge and some of these guys can sit back and make $10,000 per day, seriously. I see it in my ClickBank Journal!!!

There is no need to comment on this unless you are looking to become an affiliate.

Don

By: onur

onur — Tue, 10 Nov 2009 02:27:55 +0000

http://forexbreakthrough.com/development/grid-speciliast-ea/

This is a joke. Marty and grid systems have to survive more than some months.

Full 10y. backtest w/o failure is required too.

Otherwise they are ticking time bombs

U dont need a NASA fart to code a good EA.

How many times they blow their rockets up??? )

By: MartyGale

MartyGale — Mon, 09 Nov 2009 21:41:27 +0000

I do feel for the innocent noobs who stumple upon these con men and their ridiculous claims. It would be funny if it wasn’t for the fact that many will probably end up losing a lot of money on them.

I find it odd they would pick Don’s rubbish EA though. Surely there are better ones out there unless Don is doing this himself under a different name. I wouldn’t put it past him.

Fortunately there are a few good web site (here included) where we can try out these EAs and decide for ourselves if they really work. Personally I always get the real product if after trying it out it seems genuine enough.

I don’t think I was in the lost sheep category before finding Casey. I just find his articles interesting and witty. Keep up the good work.