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Old 2009-12-05, 11:18 AM   #626 (permalink)
Hyperdimension
Rookie Pip Officer
 
Trader for 4 - 8 years
Location: Earth
Posts: 11

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Quote:
Originally Posted by only20gp View Post
killer-b obviously missed the part where it says "long term investment"
Hmmm where have I heard "long term investment" before... ah yes, in the stock markets.

Deposit/Withdrawal: 30 689.67
Equity: 21 803.16

So you've lost almost 10K or 30% of your deposit in the course of over 4 months. It indeed looks just like buy-and-hold-and-hope stock investing.


Quote:
Originally Posted by only20gp View Post
if someone is looking for a RUSH and sleepless nights, then by all means, trade any other system out there.
For a lot of people, losing 10K and having no idea of whether or when you will make it back is enough to cause sleepless nights. If you are absolutely certain that it will recover, because it has worked out in the past, then you are deluding yourself. History doesn't always repeat. If it eventually does recover on this occasion, you will then gain false confidence, which can be dangerous, e.g. you may outlay more capital. It's similar to Martingale systems. You simply do not know when it will blow up, but the probability of blow-up is not zero. You can only hope that it will not blow up while you are heavily invested.


I did use Robominer before and made profits, but I was lucky enough to stop it when I was ahead. I will not use it again as I don't like these open losing trades of which you have no idea of how long it will be until they will close, or if they ever will close.

Last edited by Hyperdimension; 2009-12-05 at 11:26 AM.
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