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Steinitz SSRI .1% MM (By steinitz)
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Steinitz SSRI .1% MM Discussion
Dec 01, 2011 at 19:48
Member Since Oct 05, 2011
22 posts
This is called the Steinitz selective sinewave RSI interpreter robot. It works on 1 minute timeframe. It trades up to 10 trades per currency pair. It trades a hell of a lot. It's the most profitable robot I've ever designed and maybe ever seen. So far it's on track to break all records.
Keep watching
Keep watching
Member Since Nov 15, 2010
183 posts
Dec 02, 2011 at 08:56
Member Since Nov 15, 2010
183 posts
Don: First of all this EA you have is running on a demo account which means absolutely nothing until you trade your own real money on a live account. Then you send out a bunch of emails after only 6 days of trading trying to sell it for $1,777.77.
I will never pay for any EA that does not come with a money back guarantee, and the seller requires a wire transfer and especially an EA thats way over priced to begin with, and is being run on a demo account. Even on a live account you should have at least 4-6 months of track record to show the sability of the EA.
The number of pips after 6 days is +3675 on 10 pairs I believe, so thats good, or about 60 pips per day per pair. You currently have 44 open trades with 6 winning and 38 losing. With the 100 pip SL you are using and the market goes the wrong way your DD will be way more than 1.96 % I can assure you that. This is why any new EA needs to be forward tested over the long haul to see the real results.
I will never pay for any EA that does not come with a money back guarantee, and the seller requires a wire transfer and especially an EA thats way over priced to begin with, and is being run on a demo account. Even on a live account you should have at least 4-6 months of track record to show the sability of the EA.
The number of pips after 6 days is +3675 on 10 pairs I believe, so thats good, or about 60 pips per day per pair. You currently have 44 open trades with 6 winning and 38 losing. With the 100 pip SL you are using and the market goes the wrong way your DD will be way more than 1.96 % I can assure you that. This is why any new EA needs to be forward tested over the long haul to see the real results.
forex_trader_53818
Member Since Nov 17, 2011
15 posts
Dec 02, 2011 at 17:30
Member Since Nov 17, 2011
15 posts
Just a note of curiosity: This Steinitz guy is the same guy I bought my first EA from back when I was a newbie and fell for his B.S.. It was a piece of shit. Luckily it never made its way to my Live account because it kept busting all Demo accounts with the recommended settings.
The only loss I had was the $50 I'd payed for the piece of crap.
and this Scammer is still on the loose trying to lure more suckers into his game.
Oh! I almost forgot we're living in George Orwell's '1984'.
The only loss I had was the $50 I'd payed for the piece of crap.
and this Scammer is still on the loose trying to lure more suckers into his game.
Oh! I almost forgot we're living in George Orwell's '1984'.
Dec 02, 2011 at 17:39
(edited Dec 02, 2011 at 17:42)
Member Since Oct 05, 2011
22 posts
One thing I love about open forums is that opinions are like ass holes, everybody has one. I've been creating profitable software for going on 7 years now. If you search my name you'll find thousands and thousands of comments almost everywhere on the net. Some are good, some are bad. Some people make money, some people never do.
One thing in common is that everybody is looking for the perfect system. The perfect system does not exist. All you can do is achieve the best level possible. I love all comments because it's these comments that has helped me become number 1 on some search engines.
So if you're simply sour or a troll just keep on posting. If you're happy with it post that too. Just keep posting!
One thing in common is that everybody is looking for the perfect system. The perfect system does not exist. All you can do is achieve the best level possible. I love all comments because it's these comments that has helped me become number 1 on some search engines.
So if you're simply sour or a troll just keep on posting. If you're happy with it post that too. Just keep posting!
Dec 02, 2011 at 17:44
(edited Dec 02, 2011 at 17:45)
Member Since Oct 05, 2011
22 posts
pipsquick1957 posted:
Don: First of all this EA you have is running on a demo account which means absolutely nothing until you trade your own real money on a live account. Then you send out a bunch of emails after only 6 days of trading trying to sell it for $1,777.77.
I will never pay for any EA that does not come with a money back guarantee, and the seller requires a wire transfer and especially an EA thats way over priced to begin with, and is being run on a demo account. Even on a live account you should have at least 4-6 months of track record to show the sability of the EA.
The number of pips after 6 days is +3675 on 10 pairs I believe, so thats good, or about 60 pips per day per pair. You currently have 44 open trades with 6 winning and 38 losing. With the 100 pip SL you are using and the market goes the wrong way your DD will be way more than 1.96 % I can assure you that. This is why any new EA needs to be forward tested over the long haul to see the real results.
Here is the bottom line: bookmark this link and keep watching it. The account will grow. Demo accounts and live accounts are very similar. The only difference is some some slippage in a real account. If you take into consideration minor factors you're still looking at an amazing robot that is much better than anything out there
Member Since Nov 15, 2010
183 posts
Dec 04, 2011 at 02:39
Member Since Nov 15, 2010
183 posts
steinitz posted:
pipsquick1957 posted:
Don: First of all this EA you have is running on a demo account which means absolutely nothing until you trade your own real money on a live account. Then you send out a bunch of emails after only 6 days of trading trying to sell it for $1,777.77.
I will never pay for any EA that does not come with a money back guarantee, and the seller requires a wire transfer and especially an EA thats way over priced to begin with, and is being run on a demo account. Even on a live account you should have at least 4-6 months of track record to show the sability of the EA.
The number of pips after 6 days is +3675 on 10 pairs I believe, so thats good, or about 60 pips per day per pair. You currently have 44 open trades with 6 winning and 38 losing. With the 100 pip SL you are using and the market goes the wrong way your DD will be way more than 1.96 % I can assure you that. This is why any new EA needs to be forward tested over the long haul to see the real results.
Here is the bottom line: bookmark this link and keep watching it. The account will grow. Demo accounts and live accounts are very similar. The only difference is some some slippage in a real account. If you take into consideration minor factors you're still looking at an amazing robot that is much better than anything out there
Here is my bottom line Don, run your EA on a live account and show us the results here, in other words put your money where your mouth is. I can guarantee you that anyone that comes in here to see results, will not give a rats ass for any demo results, and I am just telling you the way things really happen here at MyFx Book.
Member Since Jul 01, 2010
2 posts
Dec 07, 2011 at 17:26
Member Since Jul 01, 2010
2 posts
Well,So Don Steinitz is again in the market with another invention. Once more,trying to convince newbies atfirst by showing the Backtest results and then,demo account.
Instead of bashing him,i would prefer to share how his past inventions have been doing.
Have a look at all of his 'great' inventions' results. These are not the reviews,but live test.
1- https://www.forexpeacearmy.com/metatrader_expert_advisor/steinitz_has_mtf/demo (he names it his 'most popular' robot).
2- https://www.forexpeacearmy.com/metatrader_expert_advisor/forex_robot_no_loss/demo (his holy-grail robot).
3- https://www.forexpeacearmy.com/metatrader_expert_advisor/fractal_pterodactyl_robot/demo
Now you all can decide yourself whether you would want to buy this $1777.77 miracle or not.
But i must appreciate him.Earlier,he was selling his systems at a price tag of $200+ but now,he increased the price by 9 times. In recent years,Forex systems' sellers have decided to sell their systems at big prices. Reason? Reason is not that the systems are really great.But its because there were people who used to say that Fx systems sold at few hundred dollars don't work. So the new funda is- sell at high price,would few customers but big profit--Also less burden of providing customer care.
But i am sure that still there are many people out there who are always ready to pay any price.And there will always be people like this.Good Luck to them.
Instead of bashing him,i would prefer to share how his past inventions have been doing.
Have a look at all of his 'great' inventions' results. These are not the reviews,but live test.
1- https://www.forexpeacearmy.com/metatrader_expert_advisor/steinitz_has_mtf/demo (he names it his 'most popular' robot).
2- https://www.forexpeacearmy.com/metatrader_expert_advisor/forex_robot_no_loss/demo (his holy-grail robot).
3- https://www.forexpeacearmy.com/metatrader_expert_advisor/fractal_pterodactyl_robot/demo
Now you all can decide yourself whether you would want to buy this $1777.77 miracle or not.
But i must appreciate him.Earlier,he was selling his systems at a price tag of $200+ but now,he increased the price by 9 times. In recent years,Forex systems' sellers have decided to sell their systems at big prices. Reason? Reason is not that the systems are really great.But its because there were people who used to say that Fx systems sold at few hundred dollars don't work. So the new funda is- sell at high price,would few customers but big profit--Also less burden of providing customer care.
But i am sure that still there are many people out there who are always ready to pay any price.And there will always be people like this.Good Luck to them.
Member Since Jun 18, 2011
52 posts
Member Since May 06, 2010
4 posts
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