Very bad EA!!!

http://www.forexpeacearmy.com/public/review/www.genialinvest.com

http://www.forexpeacearmy.com/forex-forum/forex-software/14694-genialinvest-com.html

http://www.myfxbook.com/community/trading-systems/genialinvest/95190,1#?pt=2&p=14&o=95190

   Jarora posted:
   Very bad EA!!!

http://www.forexpeacearmy.com/public/review/www.genialinvest.com

http://www.forexpeacearmy.com/forex-forum/forex-software/14694-genialinvest-com.html

http://www.myfxbook.com/community/trading-systems/genialinvest/95190,1#?pt=2&p=14&o=95190

A word of caution to everyone - be extremely careful with these people. They blew accounts twice in the past and people lost a tremendous amount of money.

After the first time they convinced people it was a mistake, blamed it on a number of factors, and went back into business. They then blew the second account merely a few weeks later.

There was an extremely haughty attitude when many traders informed them that they heading into bad territory and making big mistakes, yet they disregarded all words of caution, and continued with the positions rather than take small losses.

There was one person who had written on their blog that he had somewhere in the region of 100,000 and he lost all of it.

As the famous expression goes, fool me once - shame on you, fool me twice, shame on me. Well, this is the third time folks, so I wouldn't be too quick to jump in.

I have been in the forex business for about 10 years, and never once written negatively about any provider. However, I feel compelled to do it this time as a duty to fellow traders that may put hard earned money into this trading style that inevitably leads to a great loss of funds.

Since they make a portion of your profits, they have no risk and all gain. If they blow up your account, they aren't out of pocket one penny and you have lost so much money. Yet, if you make, they receive a portion so they have an incentive to risk big to make more for themselves, and they know they will never lose they own personal funds.

Good luck to all, and remember trading is a marathon, not a sprint. Slow and steady does the trick

I'm curious...
how did you know that nothing changes?
they no longer use their old signals... so no way to compare both at the same time...

for sure when you found a good strategy you don't change it a lot. you fine tune it.
this could appear to be the same, but here, not possible to confirm.

I agree, there is a beautifull DD... I don'T understand these systems opening trades in the same direction all the time. works only with small lots and a martingale system... a trend follower system must have a good SL strategy instead of a hope strategy... :)