Quote:
Originally Posted by PipCop  Keep in mind that this is a FIFO account. Non US non-FIFO accounts make far more profits as they don't have to wait to close out all trades. I should have switched to a non-FIFO broker a while ago but did not when I had a chance.
There have been several times in the past when all the trades are closed, but yes, you would have to time it. And of course, as the demo account is small, it'll be harder to get out from the drawdown until there is more equity.
With that said, the rental fee is a way for people to test the robot on a live account, and should not be an issue for people trading with larger accounts ($2k or more I am guessing.) If you have a $10k account it's a non-issue, for example. Once you're happy with it working live, it makes far more sense to get the lifetime license and not pay each month.
A few live traders have doubled their money in just a year, so if you have a $10k account then the additional $10k should offset any drawdown and fees. |
Do you prefer this robot to megadroid? I was looking to get a robot a while ago but wanted to sit back and watch and do my research.
Also, can you still get a non-FIFO broker here in the US to use robominer with? That's my main issue right now; I'm looking for the best brokers here in the US, so any recommendations would be appreciated.