ericbubb

-------------------------------------------------------------------------------------------------------------------- A Robot EA is purchased to do just that. To enter trades and money management of the account size. End of story. BlowFish appears rather full of his/her self and appear to wish to lecture on a topic BlowFish has no knowlege of. The amount of money I allow a Robot EA to trade depends on the amount of money which is in my accounuts. Which Blowfish is not aware of. You have to allow the Robot EA do it's business by it self. Else what is the point of haing an Robot EA if you have to watch it trade. I would expect any Robot EA to trade within the limits of the account it has available. Either with small stop loss or by entering the correct size of lot size per trade depending on the account size. When ForexLuger started losing money it did not reduce the lot size it was trading as I would have been expected of a Robot EA. Hence I classify ForexLuger as a Robot EA not worth it's salt.

Hello I have been trading EA Robots for 4 months now. One Robot which I stopped trading with is ForexLuger. Initially it was a very good Robot I actually recommended it to a college. But then in a matter of 5 trades it took a live £1300 account down to £65. I contacted the vendors and was informed "Not to both them" I requested my money back and have heard nothing from them since despite repeated E Mails. Other Robots to avoid :- Forex Cyclone, Forex Cypher. General impression with Robots loss come quick profits are small and come slowly. Live account price feeds differ to test account price feed which means you only see the truth with a Robot when you put reall monay for the Robot to trade.

I have done the tours of the "Trading Authority" and "On line Trading Accademy" The "On Line Trading Accademy" is alot of money and not worth it. The "Trading Authority" teaches how to trade and to test a trading stratergy. Unfortuneatly the stratergy "Trading Authority" pushes is the TaTi. I backed tested it for 6 months then forward tested it. And came to the conclusion it was not a profitable trading stratergy it has big draw downs 8-9K at a time. Knowing now what I know I would subscribe to Big Mike's Trading Blog You can pay a little to enter the back room or just be an ordinary member with no charges. They are traders and a very frendly bunch.

Hi I do not like "Traders Internationl". And did not join them. They seem expensive and for a slang expression "Wide" They have been involved with court cases with their traders who carry out the trade calling. I joined "The Trading Authority" now I been with them for 4 months I would not recomend them to any body either. I paid in advance for the tuition and trading stratergy. The tuition is OK but the videos lasting 3 hours are just to long. Todd just likes to hear his own voice. I down loaded every video that the "Trading Authority" supplied it's impossible to watch them all as they are to long and repeat the same stuff with the same storys time and time again. What I hold against the Trading Authority is that Todd Trading Stratergy is the TaTi "Trading Authority Trend indicator" I back tested it for 3 months worth of data. (Had to buy the data) found it was only 45% correct in it's trades indicated. Then forward tested the TaTi for 2 moths (In Test) and came out with a big negative account. The TaTi works well when there are strong trends and a lot of action but when there is a low and medium activity it just loses money. There are other traders on the internet who charge monthly for their training. Larry Pesavento & Trading Tutor - Fibbonacci Ratios with Pattern Recognition :: Home being one I have met Larry in London and spoken to him on the phone. But never subscribed to his servises. but at least you have not paid $3000.00 in advance as I did to the "Trading Authority" Traders could join a user group Big Mike's Trading Blog Big mike ask but does not demand $20 a month to join his group. There are some perks if you do subscribe. But at least I am profitable now with a very basic trading stratergy based on the MACD and a couple of trend lines. At least the "Trading Authority" taught me how to test and what tradning was about. But I would not join them knowing what I know now. Good luck With your trading

Hi Mention me to Todd as your introducer I might get a few months extra in his trading room. I am DST_Eric. I like the the TATI stratergy Regards Eric

Dingo I am doing the course with "The Trading Authority" it's a 5 month course. I would say full time as there is so much to read and so many videos to watch. Plus from 8:15am to 12:00am CST or 1:15PM to 4:00PM GMT there is the trading room to attend. You start trading live after about 2 months. One of the items you learn from the course is the "trading system" is not the most important part of trading. It's possible to make a profit with even the weakest of "trading Systems". The most important items are "money management" and the "Physiology of Trading" (Translated as stick to your trading plan) the fear and Greed of trading. Todd has about 3 - 4 trading systems which he expects his trainese to select 2 from and learn to the point it becomes second nature. And his trainese have to test their chosen system then create a trading plan from that testing. Then paper trade the trading plan. The only item I have against Todd is the videos which can be 3 hours long and he does repeat the same stories time and again. Todd time keeping requires improving as he will keep the class waiting for 3/4 of an hour starting late not funny as far as I am concerned but Todd does extend the end period of the class to compensate. But this is not always convient for me. Yes I am happy with "The Trading Authority" I did one day test trading using a trend following system of Todd's made lots of trades made a few mistakes and ended up at the end of the day with a good paper profit. Making more in that day than I have ever made as an IT consultant contractor. Yes Todd's systems do work but it's the Money Management and Physiology of Trading which matter more. And this is what Todd concentrates on to the point of sickness. Try "the trading Authority" for a week free you will learn something for sure. Regards Eric

Hello I did not like Traders International. I did not like their sales patter and I considered them very expensive. Trading I have found out is very physiological it's the fear and greed which drives most traders to deviate from their trading plan. I can only suggest you look at "The Trading Authority" Todd the person who runs it I believe is a very good trader. He will allow you access to his trading room for one week free of charge. And as he did for me give you a video to watch regarding one of his trading strategies. The only complaint I have regarding Todd is his videos not all but some can be 3 hours long. But there are gems of wisdom in every one of them. http://www.thetradingauthority.com/ Make up your own mind by visiting his trading room. Eric