Quoting emontsDislikedDo not punish us with all this posts having no contribution to this thread at allIgnored
Before @CashBoa announces his 4000% return the thread is progressing quietly. He then announces his 4000% return EA. Even though MT4 automatically generates the corresponding stats for each chart, for some reason @CashBoa chooses not to include those. Why? Who knows.
Then people start to question 4000% return and also inquire about more information and provide feedback for additional features. Now, the thread has become focused on @CashBoa's new 4000% EA and he thinks this is all really "exciting" (his words). It doesn't occur to him that he is wasting people's time. He is also contributing to this misguided concept of a Holy Grail.
When I earlier said that forex was "difficult" -- I didn't mean physically difficult. What I meant is it is difficult to succeed -- and I don't think anyone would dispute that. Most all statistics and surveys suggest the overwhelming majority of retail traders do not make a profit. I think two major sources of so much failing is: (1) misinformation, (2) expecting a holy grail strategy to save you from paying attention to details.
Though @Pawel may have written the EA in a few hours, he clearly is someone who pays attention to details and how the market works -- especially the GBPUSD pair. And he applied that experience and translated an idea into an EA. @CashBoa has neither -- but, because he announced a shiny new object then, of course, a number of people will be attracted. In the end -- it wastes everyone's time and we end up writing posts that have nothing to do with Ultron or learning more about trading.
One last point -- as far as my posts discouraging @CashBoa, just the opposite is true. Keep in mind he made his announcement without any additional details -- so, clearly, he is not shy. If anything, my skepticism would motivate him to prove me wrong and himself, right. So -- don't worry that he might actually develop a 4000% return EA and not let you know about it. If he were to succeed, you will definitely hear about it.
I think I've exhausted my allotted time -- I'll try not to say anything more about 4000% return EAs...
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