RoboMiner Pro Robot Review - LIVE ACCOUNT - Page 32 - Pip Cop

ChumpChange! · 2009-03-20, 03:46 AM

http://teflon.mt4stats.com/

**pipdetector** · 2009-03-20, 04:29 AM

Yes, the last three weeks were good for Robominer. Do not expect that it will be so rosy all the time (11% in 3 weeks happens only sometimes), but... I like the idea of grid and I am pretty convinced it will be profitable.

Gloworm · 2009-03-20, 04:54 AM

Very true, a short

while ago I was suffering a net loss after 4 months live trading, now my net profit is up to 23.5%.

evian · 2009-03-22, 10:21 AM

Quote:

Originally Posted by duwi

Can someone tell me why 400:1 is more risky for RobotMiner (we are now talking specifically for RoboMiner)? Can someone please explain with some numbers?
I do agree 400:1 is more risky in general, but not for RoboMiner case.

I think it's 400:1 is the best since RoboMiner doesn't close lost trades - it let them floating until hit TP

one day. So with 400:1, it will give more room for RoboMiner to breath - to avoid Margin Call

. That's what I understand.

Am I right or wrong?

With a smaller amount of real leverage

applied on each trade, you can afford to give your trade more breathing space by setting a wider but reasonable stop and avoiding risking too much of your money. Means you need lower amount of money to hold up that 2500 pips. A highly leveraged trade can quickly deplete your trading account if it goes against you as you will rack up greater losses due to bigger lot sizes.

marine1983 · 2009-03-23, 12:50 PM

Does anyone know if robominer can handle 5 digit brokers?

**PipCop** · 2009-03-23, 01:03 PM

Yes, it can.

**PipCop** · 2009-03-23, 05:07 PM

And here is why you need to pay attention to your trading, folks. I just noticed today that RoboMiner was STILL not placing trades and could not figure out why. I noticed a "zero divide" error in the Experts log. I reset the settings to the default, and now the robot is trading. I am not sure what I did, but obviously I messed up the settings and didn't pay attention.

So ... pay attention people!

evian · 2009-03-24, 03:03 PM

can I use it on ECN broker

like mbtrading? would it be profitable?

**PipCop** · 2009-03-24, 03:21 PM

It should be. You will have to request Forex Goldmine's beta version that they are working on that is specifically designed for ECN brokers. I have a copy and will try to get it up and running in the next week or so.

gross77777 · 2009-03-24, 05:21 PM

Does anyone know what is the spread

at MBTRADING ECN for AUD/NZD and EUR/CHF pairs ?

Thanks