I have to admit here that I am shameless…
On my previous posts Shameless… Just Shameless…, I took a whack at the site owner without getting a clear picture. Maybe because I am numb to all these, maybe as some people would say experiences has caused me to be very cynical about this industry…
Anyway… after I posted the article above, I wrote to Don Steinitz and ask him about this site www.ForexRobotNoLoss.com
And this is the reply that I got from him: Read the rest of this entry »
It’s Monday and I am not really sure whether to cry or to laugh at this…so I think I will do both
This industry has gone bonkers… I mean it has already been very crazy that cloned EA are being rebranded and sold for a quick profits… And to add to that, it has been crazy that it seems still that there are naive sheep that still fall for these sort of hyped up cloned EA…
Ok… it was wrong for me to make the last statement… I was once a naive sheep too… and it took me quite sometime to really look and learn about the ins and outs of the robot before realizing that this industry is crazy and I was a sucker…
Well, I cried as I took a deeper look at this new EA that was release I believe last week… No Loss Robot… www.ForexRobotNoLoss.com
This is an itch that I just got to scratch… I wanted to stop all this BS after my last post and concentrate on the main reason why I set up this blog… I want to find the best EA and start profiting from it. Bad week this is and had to take some evasive action on my account if not it would be in deep sh!t again… I mean in terms of my equity balance that is…
But after browsing a few forums, it just confirm my cynicism about all this most of the EA you see on the market.
I mention before there was something not right about Forex Maestro and Forex Fantasy… now comes this new EA on the market…
Pipcop.com has confirmed that Forex Maestro is a SCAM . Firebird is the key to all of this… I believe Firebird is an EA worth checking out in more detail. It is performing very well… and best of all IT IS FREE!!!
And this a$$hole wanted to rip it off, rebrand it and try to profit from it by selling to other people when you can actually get FOR FREE. And he may have gotten away… But that is not the itch I want to scratch…
Anyway there is this new ea that is in the market……
I caught this from the forum PipCop.com which again does not have any positive remark about Don Steintz’s EA… You be the judge…
He mentioned that manually monitor is pretty difficult which is what I am trying to do now. Manually drive the EA towards the direction of the daily trend.
This EA like Firebird, will only work on a nice trend period. For the past few trading days this EA has been doing very well because there seems to be a nice interesting directions for all currency pair. So, I am slowly clawing my way back to reclaim back my lost capital/equity.
But when it starts to become very choppy… I don’t know… but we shall see if I can steer this EA correctly.
Anyway… here is the link to the forum post .
Well, let me take the time to write up about this wonderful EA… I googled this and could not find it anywhere but in a forum. Apparently it was made by a guy (don’t know who) and he shared it with the forum community. After many discussion it somehow or rather evolve itself. Many EA seems to be using and improving this EA.
I am not in the technical know how to fully understand the potential of this EA and why is it so talked about. Forex Maestro seems to be using FireBird EA as it’s basis. The author has somehow manage to improve on it and resell it for a cool $197 a pop.
*I would make a lot of money if I knew programing*
Anyway… the point I want to share is this. After reading, browsing and skipping thread after thread in the forum and trying to understand what this EA is all about, I stumble upon this very interesting post. It was a post by a user ‘SamuraiPower’ in ForexFactory.com forum here (Post #2090). So what I did was I used Don’s template to identify the trend and then ‘Drive’ the EA as per what SamuraiPower suggested. Read the rest of this entry »
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