Bartrader EA Scam?

This is the 2nd week I test Bartrader EA. Last week get 3,7% using 1% risk and then Samuel give update of the EA. I change the EA to the new one with default setting. It seems the only differences is the Money Management.

Well the result with the updated EA is amazing. My account is blown up. LoL
I don't know what happened. I email Samuel Sarullo ask what happened. He said he has profitable trade on FXDD and IBFX and he even give me the screenshot of his trade on FXDD and IBFX.

But the result is 100% different with my result. So My advise is beware of this super duper high expensive EA.
PS : The EA cost $100.000,- LOL

This is my forward statement graphic using Bartrader EA since 12 August 2008


You can download detailed statement dated 25 August 2008

Bartrader EA

I found this Bartrader EA on ebay. The price is impressive so i give it a shot to make a forward test.

It's look like demo version is different than live version.
Demo version only work for GBP/JPY and GBP/CHF pairs

Here what I found about Bartrader EA,
* Bartrader EA is not a martingale EA.
* Bartrader EA use fixed TP and fixed SL.
* Bartrader EA close all position on Friday
* I still don't know if the EA best for ranging or trending market.
* Bartrader EA has automatic Money Management.
I'm not sure how the MM works.
I open $1000 on IBFX mini account and the EA open 0,1 lot or
$1000 on IBFX standard account open 0.01 lot
It means 10 cent/pips movement or equal to 1% risk.

My forward test since 12 August 2008 till 16 August 2008 (4 days) get return 3,7% using 1% risk

This is my forward statement graphic using Bartrader EA since 12 August 2008


You can download detailed statement dated 16 August 2008

You can request demo version of Bartrader EA.
Email : sam60402[at]comcast[dot]net
Just tell him, u get the email from duyduy blog.

EDIT: I just received new version of Bartrader EA with new improved Money Management and can set the lot manually.