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[Chewyman]

I'm new to this board and I would like to address the ongoing question of whether EAs can be profitable for more than a couple of years.
In 2003 I met with budding FX company at a tradeshow in Las Vegas.They were new back then and had been working on programming a hedge trading system that could yield an avg 8-10% a month return.
So long story short I invested with the company. I consider myself lucky that I did
(I rather be lucky than smart). Usually beginners have to buy several different trading systems, software, or other products before they find something that works.
So I hooked this thing up to a simulation trading account and watched it for 2 years.It performed just like they said (8-10%). So about 6 months ago I put in 25K of real money. That
account is now up to $41,000.with a peak top valley drawdown of less than 7%.
I just funded another account for 500k last week. I will be providing live view only access just as soon as it starts trading. Moral of the story...EA's can and do work. The only reason that they may be occasioned with such bad press is that when they work they are simply not reported and when they fail the end users are only to happy to disclose their losses.
Heres the link to the $25,000 p&l statements

http://www.mediafire.com/file/iyitwxlnz3j/Detailed Statement.htm

[octomanoak]

Originally Posted by Chewyman

I'm new to this board I would like to address the ongoing question of whether EAs can be profitable for more than a couple of years.
In 2003 I met with budding FX company at a tradeshow in Las Vegas.They were new back then had been working on programming a hedge trading system that could yield an avg 8-10% a month return.
So long story short I invested with the company. I consider myself lucky that I did
(I rather be lucky than smart). Usually beginners have to buy several different trading systems software or other products before they find something that works.
So I hooked this thing up to a simulation trading account watched it for 2 years.It performed just like they said (8-10%). So about 6 months ago I put in 25K of real money. That
account is now up to $41000.with a peak top valley drawdown of less than 7%.
I just funded another account for 500k last week. I will be providing live view only access just as soon as it starts trading. Moral of the story...EA's can do work. The only reason that they may be occasioned with such bad press is that when they work they are simply not reported when they fail the end users are only to happy to disclose their losses.
Heres the link to the $25000 p&l statements

http://www.mediafire.com/file/iyitwxlnz3j/Detailed Statement.htm

Is this an ea for sale? Is there a demo for review?

[vladv]

Is it a freeware or commercial EA?

[roberto59]

can you share?