[REQ] ~~Forex Robot Trader~~Please help...

http://www.virustotal.com/fr/analisis/f3499e9989594fb431f9fe1f36907c65

installed. Well work ... well lol

so anyone got results to share with of using this EA robot trader ??

fisrt i want to thank all the black hat forum community
for all,
post, help, and service

ok

i download the Forex Robot Trader v3.14
it works fine,
in a demo account with $300 usd and trading
EUR/USD
GBP/USD
USD/JPY

in 5 days i already have $739 usd. that was great.

so i try to put the robot to work in a live account,
but it shows that my live account number its not working fine for the robot because it needs to be hard coded the live account number in the robot so you can start trading,

so even i download the v3.14 i can't activate in a live account,

so if anyone knows how to hard code the robot can you post it here

thanks

I would be wary of this stuff. The largest trading firms out there have sophisticated trading algorithms and they're not pulling in the sort of profits people think they'll get with these things. The old scam was designed to hook people into buying signal reports. Here's the basic breakdown:

Send an ad using any method giving people a forex prediction. The thing is that you split your list in half and give each half the opposite prediction. Tell them to wait a week.

No matter what happens now, half of your list got a good prediction. Take the ones who got the good signal, split that list in half again and repeat the process. Now after two weeks, 1/4 of your original list has gotten 2 good predictions in the row.

Repeat this process splitting the list until you've got a small amount of people thinking you were able to predict 5 extremely profitable trades in a row. At this point, you just offer them a membership to your list for an obscene amount of money and they'll buy it. The software probably works the same way. If enough people download it and run it with a test account for a short period of time, some of them are bound to show an obscene return and pay for it. The whole idea is that people just don't understand probability so it's easy to get them to believe that you do.

Forex or foreign exchange trading refers to the buying and selling of currencies all over the world and forex robots are a forward step in this work. They can help you to trade easily but you can?t be guaranteed. The profit or a loss depends on how smart they are or their robots.Forex robots, although they are sold as perfect money-spinning strategy, can lose you some money now and again. They can make trading while you are busy in other jobs. But still there is a chance that they can do just the reverse.Forex robots are the automated software that find out profitable trades and then make your currency trades for you according to their particular design specifications. Their work is based upon specific algorithms. Not all these robots perform in the same way. Some are designed in a different way than others.

http://www.forexrobotsystem.org/

Hey guys,

Check this site that I just found http://www.forex-robots.com, they make real money accounts tests on many forex robots, including the Megadroid.

BTW, that one in particular is doing really well.

Hope it helps

Trent

I do not agree with the assertion that if someone has succeeded in something that he himself would be better to use this product than to sell it to people.

We have many examples in different niches. For example in the IM niche every day sees many products, but only a few are bound to become popular and enrich their owners overall experience or change their lives.

Other products do not receive public recognition and are soon forgotten.

This applies to any niche.

For example Forex niche - as a trader, I can say that 100% per month is the result of which can be achieved but it is very difficult and risky. If we take the approximate income is 100% APR is a very real figure. Now imagine how much money should be able to earn on a $ 100,000 investment? Correct 100 000 $ starting capital and a year later it can be doubled. Or show people how can you work exercise their skills. If you sell such services say at $ 100 then you need to sell only 1000 units of this product. And of course attachments will be less.

That's all math. But unfortunately 99% of the product are garbage. They show the test for 30 minutes and sell their robots, which are useless. But if you can show your account on which you have done 100% live tests i.e. just everyday work it is worth closer inspection.
Moreover, consistency is also important. 100% for 2-3 days - casino, 5-10% per month throughout the year - the professional trade.

Best regards
And the risks you can customize to your taste.

forex has risk and so do the casino.

but i still prefer FOREX....i guess more challenging...

^yea and you can actually do some dd

Quick update guys,

Check the Real Money Accounts Competition at http://www.forex-robots.com, the Megadroid it's really reaping the market. It seems to me that they found a solid robot finally.
Best,
Trent

if you really like to get a working one, you will not find it that easy and even if you like one that work, would you find a broker that allow it? i have a custom robot that work fine on the long run and will not blow your account after some time. (back test) it turned 1000$ to 183,126.39 from 01/01/2009 to 01/04/2010 max dd 40.77% and relative dd 71.24% with 35% risk 10k$ if you interested and only one copy will be sold to get the money for my start up.

could you please put the Forex Robot to the test at
http://www.forex-robots.com , they do tests on Forex Robots on Real Money Accounts. I'm sure that you can talk those guys into having your Forex Robot in their next competition.

Rgds

Trent

I have been testing forex bots (EA) for the past several years and this 'forex robot trader' is put out by a known scammer called Don Steinitz. I know his product is a scam because I tested it in depth. His robot uses no stop losses which means that you have to manually babysit the account and chop the trades if they start going the wrong way. You should also be aware that he dosent even trade live with his own robot, all of his statements are from demo accounts, many of which he has manually saved through manual hedging when the bot collapsed and got him into huge drawdown. Steinitz is known throughout the online forex world as a scam artist, stay away.

Typically his robot will do well for around two weeks making you good profit, then it will get stuck in drawdown and if you ask Steinitz about it he will say 'what goes up must come down and vice versa'.

You have been warned, use at your own risk.

Yeah I really wouldnt recomend this EA at all. Steer Clear