This is a page with warnings. Forex stuff I’ve heard about or that I have experienced myself. I have tried a lot of indicators and trading robots over the years and lost a lot of money using some of them, so I thought I could write a little warning page for you, so you won’t make the same mistake as I did. And if you have anything to add to this page, just send me an e-mail and I will see if it’s something I can add here.
Trading Robots/Expert Advisors
WARNING! WARNING! WARNING!
There are trading robots called iSwing, iMoney and Bar iPro sold by the same guy.
I rented his Bar iPro v9.2 for 3 months (paid $498 USD). I tested it on a demo account with the same broker and settings he uses, but it only made losses all the time. In his e-mail he wrote: “If you can not fix or you are not satisfied. I will refund and disable the code I have provided.”
I sent him several e-mails and said I wanted a refund, since the EA isn’t performing the way he show, but he doesn’t bother answering my e-mails. I also wrote about this on his YouTube channel, but of course he deleted my comments, since he only have comments that talk about how good the EA looks (probably people just looking at how he shows it and they probably don’t own this expensive EA either).
So I would like to warn everyone about this. And I guess he won’t refund my payment, so I will keep on warning people until he does. And if you like, you can tell others, so they won’t make the same mistake.