Diesel 10 Posted February 6, 2011 Report Share Posted February 6, 2011 It's entitled: "Forex Robots Don't Work" and he tells why and lists a possible valid alternative. Interesting information and it doesn't appear he's selling anything here... although he is positive on Zulutrade (his solution). http://learnforexlive.com/contents/the-zulutrade Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted February 6, 2011 Report Share Posted February 6, 2011 (edited) yeah he is. he's selling zulutrade via an affiliate link. just because mass marketed EAs for $97 dollars don't work doesn't mean they don't work at all. his criticism is about curve fitting, which is a specific (and big) problem. then he talks about how they should have a portfolio of EAs and portfolio management. exactly. Edited February 6, 2011 by Stormin_Norman Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
junglist00 Posted February 6, 2011 Report Share Posted February 6, 2011 Think what he his trying saying is that if you have to keep buying and modifying ea to change with market condition it can get a bit expensive for the regular trader to make any kind of money ..... using zulutrade is free so this would be more cost effective ... however this site provides us with the opportunity to get access to educated ea .. so our cost is lower ... if ea make money we buy it (already covered its cost), if it doesn't make money we don't buy it (loss associated with trades) ... Does market dynamic change ... in simple terms yes ... enough to affect trading ... I don't think so ... (breakouts will always be breakouts, 1-2-3 will always be, trendline/support/resistance bounce/breaks will always be) ... Curve fitting is a big problem ... that's y I love the sharing mentality of this site. Quote Link to comment Share on other sites More sharing options...
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