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Posted (edited)

What is wrong with this marketer?

http://pipsraider.com/

 

1) demo account.

2) 25% modeling quality

3) small profit target (5 pips), large stop loss (77 pips)

4) his get-rich-quick tone of voice

5) trades did not add up to $1000 per day in return as claimed

6) trade orders were in consecutive order (impossible)

 

What else do you see?

Edited by swordfish
  • 4 weeks later...
Posted

Poor coding, doesn't trade as advertised. Doesn't trade at all. Yet, they claim it works on ALL brokers, ECN, trading desk, STP, etc. Not true. I've seen free EA's that have less lines of code missing from them.

The manuals are incomplete, and the upsell is just as bad as the standard version. They use the same manual for both EA's even though the upsell is supposed to have more features. The manuals are "templates" that are not completely filled out, with statements like "Authors Name Goes Here". =D>

 

Very sad when you consider all the "hype" in their promotion page, that he is a "real programmer" and knows how to do it "the right way". And that other vendors just sell "junk" EA's (like this one)... :-/

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