Quote:
Originally Posted by steinitz
ZupCON is banned from my thread for malicious rumors and misconceptions. It wouldn't matter if he stood by me to see me trade live as he would claim I am up to something when he left the room to get some water.
One way to find out how my program works is to ask others how they are doing. Obviously, no matter what I do will not be good enough. This scum bag got his feelings hurt and told me privately he will continue to follow me around spreading lies to get back at me.
I don't really mind since there is an old adage that if people aren't talking about you, then you really haven't made it.
Don
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Lets get a few things straight.
No one is "banned" from his thread. Anyone who thinks this is the case should perhaps contact NewDigital the administrator of Forex TSD to confirm this. He'll tell you exactly what he thinks of Don and his EA, and its not particularly complimentary.
Now Don seams to think that I don't believe the claims he makes about the EA, and to some extent he's correct. The reason that I don't believe him are twofold. Firstly, he has yet to provide credible evidence to back up his claims. By that I mean an unedited statement that shows the performance of this EA over a significant period of time. His back tests are hand picked only to cover only those time periods where the EA performs OK. Periods where the EA performs poorly are simply not considered. If you don't believe me look for yourselves :-)
Forward tests on the EA last for at most a few days, before demo accounts are blown, and he restarts a new account !. If you don't believe me ?, well take a look at TSD, or forex factory (where he was banned, and the administrator accuses him of running a SCAM) Steintz has opened countless demo's time after time.
Then of course if the EA is so great, why doesn't he, or Mr Pip, or his many shrills trade it live ?, well that speaks volumes to me.
Now the second reason I disbelieve him, is because he isn't testing the EA in isolation. At one point there where several hundred "traders" posting results, and frankly, they where all over the place, a random mismatch of results, some doing OK and some blowing accounts all using the same set files, similar leverage etc. If you look at anyone who's tested the EA for more than a few days the end result is generally a margin call. There are some users who are genuinely trying to make this a better EA, and their test results are in the public domain. So do yourself a favor and check them out.
I agree 100% with Steintz that anyone considering the EA should check with others, but before they do, ensure that the person telling you its the best thing since sliced bread isn't one of his shrills. These scum where quite actively soliciting for business by PM at one point.
As for following him about and spreading lies, if I where to do that than I assure you he'd know about it :-).
I am amused at Dons interpretation of "making it", begging for chump change on the public forum's.
Now of course, the more astute reader will notice that Don can never back up arguments with facts. So still no proof of live account, still no credible back tests, programmer still not trading with this EA, shrills still not trading this EA, still selectively publishing demo's that are doing OK, and ignoring the rest, still editing statements, still begging for chump change.
Ask him why he wont take pay pal as a payment option
And watch now how he'll fail to address a single question, then ask yourself why... obvious is it not
This post at forex factory pretty much sums up Don Steintz
Forex Factory - View Single Post - Heiken_Ashi_Smoothed **Start Here**
I particularly like the line "good luck with your swindle sir" :-)
