I wish I had found this site 2 years ago, it would have saved a lot of grief.
Yes, I purchased the SDA program after seeing a live demonstration of it running for 2 weeks.
Yes, I believe I was lied to when being sold the program.
Yes, I have lost a large sum of money above the purchase price.
The information from the so called technicians is contraditory often the exact opposite to that stated previously.
And, Yes, the company is exceedingly difficult to contact if all is not well.
I am luckier than some in that the loss was not disasterous (other than to my health) although I feel very foolish now.
I was told that $3000 was the start up fund required and after paper trading for a week I took the plunge and started.
Oh joy, the money started mounting rapidly and soon hit a profit of $8500, a few hiccups along the way that if I had actually been watching the program I would have died but by the end of the day it ended well.
Then came the crunch, whilst out a string of losses arrived, 7 to be exact and that was the end of my original $3000 the $8500.
Thats when the fun phone calls started and the same problems as others have stated, ie. It was all my fault and I must experiment with the settings untill I fully understand what they do.
However, the person on the other end of the phone absolutely refused to help with any suggestion as to what settings to use.
After paper playing with the setting and paper trading and continually losing I eventually gave up and put it down to an expensive learning excercise.
After about 6 months I decided to revisit the program for some further testing (forever hopeful) on a dedicated box and line.
(That was one of the excuses for my poor performance)
The program refused to start. It took almost 6 months (according to my email dates) to get it reinstated.
What followas now is all paper trading only.
Again after much experimenting with settings and a total failure to make any profit I decided to set the parameters to see what the actual minimun would be required in the tab account to keep trading.
I kept all the settings to the default (as one of the trainers suggested) and set the block at 25% of the win pool, $10 a race, no limit on daily amount. Just to see.
Well, the funds started climbing and soon reached $7400.
Then on the saturday along came a string of 8 continous losses right from race 1. That is an impossible amount to recover from as the recover bet is/was over $34000. It may have been $340000 I cannot remember as I was so stunned at the time.
I have stopped saturday trading again as suggested by the trainers at the beginning and restarted and after 4 weeks am now back to $9836.
I believe the reason they suggest to bet $10, $100 max and quit is an attempt to stave of the innevitable for as long as possible. Trust me, (would I lie to you ;) that inevitable will arrive.
I have to say I was never offered a money back guarantee and the sales woman also said winning wasnt guaranteed all the time.
However, the magic 82% winning was quoted many times, my experience is that its closer to 56% winning
The average number of losses I get is 4 in a row, often with just one or two wins in between, this keeps the money climbing but the bets become well over $1000 a go and to cover 5-6 losses requires approx $14000 startup funds.
I cannot see any realistic chance of getting my money back but would welcome the chance to prevent anyone else from losing as much as I have.
Fred
North Queensland
Australia
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