Pip Cop - Forex Robot Reviews - View Single Post

Killer-B · 2009-01-17, 03:27 PM

Thanks for the info Marlin-

I'm running "X" on a small account - and has only been trading .01 lots - maybe it got lucky this past week, but rang up $172 in profits, and about $30 in losers (which as said, closed very fast e.g. -$3.20 & -$2.10) - so there were no real huge runaways like with Steinitz HAS Trader....

RE: Martingale - You're correct, as I went back to Pipcop's Statements after I wrote my reply, and saw it did double some lots... so I obviously it does "think" doubling willl help with the losers... I guess I was thinking more tradtional martingale i.e. .01 + .02 + .04 + .08 + .16 + .32 and so on.... I've tried Bluto's "Jitterug Duplex 4.X" - and that can get real messy real fast... Starts at .01 and have seen it as high as $16.00 per - kinda scary when that is going the "wrong way" LOL- Point being, MG systems work in theory, but I have yet to see one exit properly - or if you get caught in a huge swing, you can kiss it all good-bye-

Lastly - I was looking at EvolutionX more... and thinking $26K in 70 days is bonkers! Of course he's trading huge lots - but it does seem to make money... I agree with PC - if there were a way to get the -$10K float reduced some (err, allot) you may have a winner here-

Thanks again

2009-01-17, 03:27 PM	#78 (permalink)
Killer-B Pip Detective Trader for 2 - 4 years Location: Colorado / NZ Posts: 145 Trading Live with: Forex Funnel	Thanks for the info Marlin- I'm running "X" on a small account - and has only been trading .01 lots - maybe it got lucky this past week, but rang up $172 in profits, and about $30 in losers (which as said, closed very fast e.g. -$3.20 & -$2.10) - so there were no real huge runaways like with Steinitz HAS Trader.... RE: Martingale - You're correct, as I went back to Pipcop's Statements after I wrote my reply, and saw it did double some lots... so I obviously it does "think" doubling willl help with the losers... I guess I was thinking more tradtional martingale i.e. .01 + .02 + .04 + .08 + .16 + .32 and so on.... I've tried Bluto's "Jitterug Duplex 4.X" - and that can get real messy real fast... Starts at .01 and have seen it as high as $16.00 per - kinda scary when that is going the "wrong way" LOL- Point being, MG systems work in theory, but I have yet to see one exit properly - or if you get caught in a huge swing, you can kiss it all good-bye- Lastly - I was looking at EvolutionX more... and thinking $26K in 70 days is bonkers! Of course he's trading huge lots - but it does seem to make money... I agree with PC - if there were a way to get the -$10K float reduced some (err, allot) you may have a winner here- Thanks again Last edited by Killer-B; 2009-01-17 at 03:28 PM.