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It seams clear enough to me from reading Igor's thread that at this stage he is simply trying to iron the bugs out of his EA. The more people he has testing, the more successful he's likely to be. A live account certainly isnt a requirement to identify these types of issues.
I do think its quite amusing that you where a paying member of Igor's room, you must be getting quite desperate for new material to repackage and sell if your resorting to actually paying for it. |
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From what I gather, Igor only has 20-30 people testing this particular EA, and many of them are trading very small accounts of just a few thousand dollars. I doubt that they'll be single handedly responsible for drying up liquidity !
The fact remains that you paid 89 Euro's a month, and if I where a client of your's I'd be rather concerned that someone who was supposed to be trading my capital was spending their time chasing every sparkly new idea that comes along. It reeks of desperation to me, you'll be following free signals on rentasignal next :-) |
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I do not use iGoR's service.No need for concern All those scammers hanging around forums , why would I buy signals from a bunch of scammers? http://www.fxfisherman.com/forums/fo...html#post17334 That rent a signal has flopped |
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The problem is that it offers nothing that isnt done better elsewhere. The idea of letting just any fool submit non verified EA's in the hope they'll leverage sales off the back of a run of good luck is mind numbingly stupid.
Until they clean up their act, noone will take them seriously, although I suspect its probably still a profitable exercise even in its current form. |
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It'll be profitable. On the basis of probability there will always be EA's doing OK, and there's no shortage of people desperate enough to have a punt. New traders will always lose money regardless of the quality of signals so no harm done really.
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Don't you think it is irresponsible? OILFXPRO |
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I have no doubt that 89 euros a month represents reasonable value for money, its not expensive, its the price of a couple of trading books from amazon, and Igor has definately got some very sound idea's, coupled with a reasonably professional approach to developing and backesting, and if he's teaching a couple of manual systems I'd probably advise people to take a look and see if Igors style suits them. Having said that, it does strike me as strange as to why anyone would wish to work in this way. I've often thought of giving some people a break, and helping them to profit, but there's no way that I'd simply hand them over an EA and allow them to get on with it. If he wants to develop an EA, its unlikely that anyone paying for his expertese is going to have a great deal to offer, other than basic testing, and most people are not even capable of that. If he wants to help people make money, why not just trade funds under power of attorney, and if he wants to make money, why not just trade managed funds and forget the hassle of 25 people asking the same dumb questions day in day out. The market will decide, either his customers feel that they get value for money, or they dont, in which case theyre usually quite vocal about it. I have to say the only people that have been customers of Igor, and have subsequently complained do tend to be the type of moronic losers, completely unsuited to this business, and who'll never make a dime regardless of what theyre given. As they say, Time Will Tell |
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Zupcon
If iGoR'S Expert advisor works , why not just run managed accounts?Sooner or later one of his members will try and copy or decompile his EA, then somebody with marketing clout will sell it to the masses. If the masses start using it , it won't work anymore.Seems pointless renting it. OILFXPRO |
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