Pip Cop - Forex Robot Reviews - View Single Post

**jerrycollie** · 2010-11-16, 10:09 PM

Hi Rick,
I set up the Channel Scalper. It has a smiley face; but it just sits there and does nothing. Is it suppose to trade automatically, or just give signals? I am sure I have done sumething wrong; but I don't have a clue. On the other hand it is not my only robot that sits there and does nothing. Do you have any suggestions?
I have had good luck with Megadroid; but this reduction in the US from 100:1 to 50:1 leverage caught me by surprise. When I looked at my account about a month ago, Magadroid was trading and making money; but my margin was in the red. I quickly closed some trades in time to save my account. I figured out later they had cut my margin down to 50:1. A couple of years ago they gave me 200:1 leverage. I wonder if they will cut us back to 2:1 like they did in the stock market? Maybe it is time to open an account in Australia? Russia? Outer Mongolia?

2010-11-16, 10:09 PM	#10 (permalink)
jerrycollie Donating member Posts: 86	Channel Scalper Hi Rick, I set up the Channel Scalper. It has a smiley face; but it just sits there and does nothing. Is it suppose to trade automatically, or just give signals? I am sure I have done sumething wrong; but I don't have a clue. On the other hand it is not my only robot that sits there and does nothing. Do you have any suggestions? I have had good luck with Megadroid; but this reduction in the US from 100:1 to 50:1 leverage caught me by surprise. When I looked at my account about a month ago, Magadroid was trading and making money; but my margin was in the red. I quickly closed some trades in time to save my account. I figured out later they had cut my margin down to 50:1. A couple of years ago they gave me 200:1 leverage. I wonder if they will cut us back to 2:1 like they did in the stock market? Maybe it is time to open an account in Australia? Russia? Outer Mongolia?