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Old 2008-11-03, 01:42 PM   #21 (permalink)
Ken Long
Pip Sergeant
 
Posts: 331


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lusitano,

Have you tried changing the robots settings to limit such drawdowns, or manualy intervening with your own stops?

From my discussions with other users and with Don Steinitz, it seems this robot has the capabilities to run a large number of exit strategies. I see no reason to allow the robot to hold an uncontroled drawdown.

You can preset fixed stops, trailing stops, exits on a Heiken Ashi indicator change, on the time frame of your choice, etc. You can also manualy set a stop or trailing stop during a trade, as well as take a partial profit and convert the rest to a trailing stop.


I dont have this robot yet, so I cant confirm any of this personaly. I intend to buy this soon, I just need to get a little better set up first. I've had some problems recently testing robots on my trading computer, and I cant take that risk.
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