SharePosts by stevetrade
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Go on Elance, put up an ad. You'll have a dozen offers before the day is up. A lot of western programmers have been forced out of doing it professionally as they can't compete with rates being offered in eastern Europe and Asia.
To be honest, coding EA's for other people is a mugs game. People come to you all excited because they have a great manual strategy that works and think you're going to make them rich. You code it, they back test it, it's crap. They have to pay you. It doesn't make for a great working relationship.
Best regards Steve
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My guess is he's fallen foul of the current MyFxBook issue that stops the investor password working, that affected accounts on May 28th.
Best regards Steve
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I think the fact that the author has neither felt the need to update the results for this system, nor shown up to either modify or comment on it after it's recent poor performance is the last straw for me.
I'm out guys, I'm just lucky I have other things in my portfolio that have offset these recent losses.
Best of luck to the people that carry on with it. I'm sure in time it will recover but the recent drawdowns are now too horrific for me to contemplate using this EA on my account in the long term.
Best regards Steve
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I've used trade4hapi before, I'll vouch for him. He's a genuine solid guy.
Best regards Steve
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I might know someone selling a license, how much are you prepared to pay for it?
Best regards Steve
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That's a good point, I'm currently assessing my options. It's a hard one this. There is the chance that a good winning streak is just around the corner that will at least earn some of the losses back, or it could just keep losing.
I think the issue with this strategy now is that it's being shown how horrific the drawdowns can get when the market is against it.
I think if I had something solid to replace it with, then it would be in the bin by now.
Best regards Steve
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http://www.bbc.co.uk/news/technology-22680297
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That's a common view and the only answer really is that money in your bank now is far better than money that you might win in the future - if the robot performs well, if the broker stays in business, doesn't cheat on your account and decides to honour your withdrawal request.
It's a pure business decision that any savvy business man would take.
Best regards Steve
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What if I wanted to trade with another broker?
What if I wanted to open an account myself at Exness, fund the account myself and send you the account number and password?
Would this be acceptable?
Best regards Steve
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Just ensure you don't turn it back on after you see a winning streak, as that's the fastest way to lose money ;)
Best regards Steve
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