People who are interested in the EA keep on Checking my new blog regularly for updates regarding the EA regardless of whatever discussion will be going on here. I have nothing to discuss here as generally, I am responding to emails of most of the people who are interested in the EA. Here is the link:
I wouldn't say the EA is a scam per-se, but it does give an excellent example on how an EA may work perfectly on a demo account, yet fail miserably on a real account. Check the average trade time - it is 25 seconds - you can't expect to make almost 2500 trades with such an average trade time.
I would avoid black box EA's - finding a service which makes money off of a monthly fee is much safer than from a seller profiting from affiliate fees.
People who are interested in this EA might be also interested in the modified version of the same EA 'Fast Scalping Advanced' where the EA does not scalp rather holds the trades for longer time for higher target profit pips.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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