If RM can do what's advertised, then you're wrong...very wrong.
Its website talks about making 6% per a month on average. Let's say it makes 5%. With a $2000 account, that's $100 per month. That means the $400 price tag should be paid off in 4 months, and then you're free and clear to make 5% per month. Where else can you do that? Mutual funds? Treasuries? CDs?
Now, there are risks invovled, and I'm not trying to promote RM or claim it will always average 5% per month. But if its claims are true (or even close to being true), then it's a great investment.
FWIW, here's a live account with the Robominer trading nanolots. It more than doubled from March to December 2008. It made almost $400 trading with much smaller lots than you could with a $2000 account.
(Edit: I can't post links yet, so you'll have to go to daytradeforex dot com and find the live InterbankFX statement for RM.)
Quote:
Originally Posted by Junja  That's fine Pipcop but, as mentioned in some other forum, given RM's price of $400 and its small lot size (for safety), it's going to be hard for the program to pay for itself ..
Anyone who's thinking of going live with it would be better off with $2k.
Junja |