0 of 0 people found this review helpful

BEWARE DON STEINITZ, REAL ALL THE REVIEW!!! I thing Don is just a fast builder of looser robots, here is why: I got his pterodactyl as it came out, I used on 7 Demo accounts with diferent brokers and with 10 pairs each one, all Demos lost money after two months, I ask him about that and also asked him about what settings was he using? what pairs? what broker? (with real money account) he just answer any pair, default settings, any broker is good, so I open a live account with real money and it ate my money like crazy, actualy I am trying to get my money back, I have a demo test you can see at http://www.mt4i.com/users/ptdemoexness/stats if you go to symbol you can see at this time only 3 pairs have a very small profit, and so far it has ran for almost a moth, Don talk much but so far not deliver. I have to say something good about him is he has responded so far to my emails but has not promised to return my money, and he keep sending the same sample (see below) of earnings Also Don may just be an scam artist, when he send his emails with statements be carefull to really review them, he used to sent one with a supose 5069 pips gain!!! (I have no idea where he gets this number), if you do the sum you realice it’s only about 3550 but in the statement sums 4945 you can see the statement here http://forexrobottrader.com/webinars/5069pips3fibs14days.gif (if he realice his mistake and erase it I will be happy to post it here), so this made me think he is manipulating his statements and began disecting each one he sends and found other discrepancies, if his robots (yes many!!, and I supose more are caming!!!) are any good why don’t he post a real money live account at MTI (that is where my demo is), so we can verify his earnings? Also he send a few days back an email warning people about FPA and his owner stating the owner is an scam artist, I didn’t like that because he didn’t provide any proof just gossip and so far I really trust FPA and have not seen any atemp for deception on the other part I have seen decepcion from DON. After seing the emails FPA erased and are now back and the explanation, now I am wondering if he is the only one praising his robots with diferent names? even the so call reviews or emails he is supose to get? by the way he gave me a couple of email address of people who he say are making money, but guess what? one addres is invalid and never got and answer from the other (and I send 7 emails to that person) Just to be Clear: My intention with forex is making money not slaming anyone that is why I provide proof, I only want to make money with forex and if DON have ANY robot making REAL MONEY and prove it with and investor pass or an MTI verifyed account I will be happy if he exchange the pterodactyl for that one or if he give me my money back (even if he exchange the robot for another I expect a money back guarantee). I will be checking here for any response and will add anything that happen, in the meantime my advise: check if the robot you are interested have anything to do with DON STEINITZ if so do your homework and remember you have being warned!!! check other reviews to know the kind of people he is on yahoo.com search don steinitz and see the reviews by donna forex and forex peace army Carlos Alejandro, Acapulco Mexico

0 of 0 people found this review helpful

In fact, income is not so small, as they say. Also, tech support is always on. The book is full of useful advice, but for beginners this is what we needed. Great!

0 of 0 people found this review helpful

It's up to a person what strategy to choose, but I like ea systems, such as new Rita Lasker's robot free downloaded from robot4free.com. I'm not good at manual trading so robots for me is a real help

1 of 2 people found this review helpful

Hello, there! I just want to add that Forex robot is a very useful device, let me speak so. Not so long ago I came across one link to youtube - http://www.youtube.com/watch?v=0GI5ri-rHEs. I was very surprised that I could get such a great product and for FREE! Advise you to follow the link, learn more about it and sign up to the robot!

0 of 1 people found this review helpful

Forex robots can double your money. Before using this I didn’t believe it. But now I can say this software is just what I wanted to perk up my Forex profit. I am in this trading for 3 years. Earlier I used to spend all day at my computer and not making a single trade. After I bought Ivybot from Forexrobotsystem.org my life changed. Now I am tension free and I can leave it running and go away to for other works. I even left it for a week while I went on leave. I made over $2000 while on vacation! It is so easy to set up and configure with my existing MT4 trading policy. http://www.forexrobotsystem.org/

5 of 5 people found this review helpful

I've been using Forex Robot Trader Steinitz_HAS_MTF_Hedge_48_v3_23 on EURUSD, M5 timeframe with an initial deposit of $100 since 1/11/09. As of 1/30/09 the balance has grown up to $897.00. If you know how to set up this robot properly it will make you a lot of money, Thanks.

10 of 12 people found this review helpful

I bought and used Dons EA for over 3 months in demo mode before going live. I'm now live using a 3K account and I'm very proud of the results. I opened the live account on August 1st and have been watching its growth daily. My live 3k account hit over 100% growth on Sept 4th using the default settings on the recommended 10 major pairs using 0.1 lots and hedging for safety. I used it the same way as I used it in demo mode and i am use to the way it works. Draw downs for active transactions run from around $70 to $1200 at any one time. In demo month I have played with the robot and turned the EA off on Thursday evening and allow some of the active transactions to flip into profit on fridays. I have learned to leave all settings at default and let everything ride. Occasionally I have to reset a couple of pair if the platform seems to not be moving, but thats not the EA's fault. I'm a pro at all that from working in the demo mode for so long.

4 of 4 people found this review helpful

I agree with the previous poster: You do need to establish a good understanding of the MetaTrader platform as well as the Forex market in general. Don't go into this thinking that you can "get rich quick", you'll be sadly mistaken. If you do know what you are doing. then this is by far the best EA that I have dealt with. With a few tweaks, it is performing 100 pips a day, consistently. FYI: Don't expect refunds on EA, or anything involving investments for that matter.

11 of 13 people found this review helpful

If you decide to purchase Forex Robot Trader (Don Steinitz HAS_MTF HEDGE V3.16).Be aware he offer's no refund and you can't even get a refund through PayPal,they seem to side with the seller's.Several posting I've read of customer's wanting a refund,because the software does not perform as stated in the advertisement.I don't think anyone that has purchased this robot,would put it on their live account with the default setting.I set up the robot per Don'S instruction's and it worked fine,but the result's weren't as advertised.I purchased it to use,not reprogram.I still have trade's open a month later,on my demo account and the account keep's going down in value.The way it's going it will eventually run out of fund's.But the trade's aren't losses until you are broke lol.So be aware and if you do buy this EA,you'll get other offer's about his other,great robot's.If this one actually worked as advertised,he would only need one to sell not several.Keep in mind you were warned happy trading

4 of 5 people found this review helpful

This EA has a nice setup but isn't a dependable EA.Don hasn't had a loosing trade for 1.5,because he forgot to mention in the advertisement,that trade's can stay open for week's,month's or longer.If a trade is not closed then it isn't a loosing trade,so that's the catch.With the default setting's that you get with the robot are not profitable.You have to work with the setting and the back testing is not reliable.This robot is possibly a good indicator,but I wouldn't put it on a live account and let it trade unattended like Don designed it to do.I know how to work a computer and change the setting of this robot.I even went by Don's posting on his blog site about different setting's and other member's also.But I never got a reliable setup to let this robot control a live account.You can get the (heiken-ashi-smooth indicator) free from mt4 site.Save yourself $200 and work with the free indicator's fisrt until you get a good understanding of forex.If you buy you won't get a refund period.