Scam Posts

31Jul

Noticed free EAs copies

Help and Tutorials

On Donna Forex forum I have found a list of copied EAs. I think it would be interesting for someone who were going to buy this EA. But remember, that sometimes it’s better to use paid EA, because it has support and full manual. If you’re experienced it is much better to use free EA of course.

List of copies:

Artemis EURUSD, copy of DemarkLinesEA,

Automatic Forex Crusher, copy of DemarkLinesEA,
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13Jul

Prizes for affiliates on the launch

For Affiliates

Today I wanted to talk about prizes, that marketers prefer to promise their affiliates before the launch of any random product. They usually promise great prizes for top 3 affiliates.

Do you believe that this is true? Personally, I do not believe in this at all.

I don’t think that after the launch marketer will buy prizes because each affiliate has already got their commission and this is hard to waste money on prizes.

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28Jan

USDBOT is launched

Reviews and Launches

Finally, USDBOT is for sale. Mark Tranton says that the lauch was incredible and they have lots of sales.

However, I still don’t have a copy of this robot to test it and I don’t want to buy it anymore. I hope that Mark will soon send it to me, I was waiting for two weeks. Mark doesn’t keep his promises, he promised to give me a copy 4 days before the launch. As people on forums always say: “It looks fishy”.

I’m still waiting for my copy. Can’t believe that this is SCAM yet.

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03Nov

The Forex Conquest is SCAM

For Affiliates

The first message in affiliates category is going to be about a scam vendor with his scam product.

As I know Nick Channon and his product The Forex Conquest is SCAM.

On the JV page Nick offers his own link, which looks like “http://theforexconquest.com/go.php?offer=yourclickbankID”. When I pressed on this link before the launch it was working well and it marked visitors as referred by yourclickbankID.

But today is the launch day and the link is not working. It redirects visitor to the sales page but it doesn’t mark it as referred by you.

Don’t trust this vendor anymore!

Remember: Distinctive feature of this vendor’s products is prizes for the most successful affiliates offered on the JV page. It looks like this:


We are holding a JV contest, as a way to say thanks to our JV partners.

Please remember we only count the sales from the launch date  to a week after that. We will update this page for the JV contest result.

1st Prize: IPhone 8GB

2nd Prize:PlayStation 3

3rd Prize: Xbox 360

I hope you read this before being scammed!

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08Sep

Advanced Droid Tactics

Reviews and Launches

I don’t think that Advanced Droid Tactics is bad, I think that it’s not better than normal MegaDroid. Yes, you will have more trades, but it’s very dangerous to lose much more. As a proof I will publish backtest results for previous period:

I used next settings:
Period: 2008/01/01 - 2009/01/01
Deposit: $10000
Broker: FXDD Demo
RiskLevel: 0.2
Recovery: true

GMToffset-2

gmtoffset-2

Net Profit: -$9117.33
Draw-down: 95%

GMToffset+2

gmtoffset2

Net Profit: $732
Draw-down: 85%

GMToffset+4

gmtoffset4

Net Profit: -$9608
Draw-down: 98%

GMToffset+6

gmtoffset6

Net Profit: $2933.33
Draw-down: 95%

Normal GMToffset as instructed in MegaDroid manual

normal

Net Profit: $62438
Draw-down: 23%

Advanced Droid Tactics is performing well only in 2009. You can test it yourself and run backtests for 2008-2009, 2007-2008 and so on. You will see that this strategy is not stable as MegaDroid is. The feature of MegaDroid is that it’s accuracy is about 95%, this advanced tactics is much less accurate.

I’m not using ADT and don’t recommend that to you. MegaDroid team doesn’t recommend this advanced tactics also.

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28Aug

Forex Accumulator

Reviews and Launches

Not so long time ago new forex product was launched - Forex Accumulator.

It was launched on Plimus IMHO to prevent big amount of refunds.

As I know this product is crap. I didn’t test it myself but I heard a lot of reviews from it’s owners. From all products I know on Plimus - Forex Auto Trader is the best currently.

One guy from Forex Peace Army forum told me that he is going to launch new subscription product on Plimus. I believe that this product won’t be worse than Forex Auto Trader. I’ll inform you when this product will be launched.

Forex Accumulator launch was rather big and they don’t have a lot of refunds. But their product quality is not good I know this for sure.

I recommend you all: Don’t buy if you’re not at least 80% sure that this product can make you money. Just don’t trust unknown people. You can trust Daniel Harris (It’s me ;) ), Albert Perry, John Grace, Steve, Mike ans Ulrich (FAPTurbo guys) for sure.

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