RoboMiner Pro Robot Review - LIVE ACCOUNT - Page 52 - Pip Cop

jimsmithuk · 2009-09-17, 10:23 AM

Now that you have been running the new FIFO

version of RM. Would you say it was better than RM original? Assuming your broked does NOT have an issue with you hedging ... would you still upgrade?

cheers

**rsmereka** · 2009-09-17, 02:41 PM

Quote:

Originally Posted by pipdetector

It looks that Alpari is giving out bonus rollover

for AUDNZD

I use FXDD and FXCM and in both cases rollover

charges are negative.

Right on,

Yesterday, I got positive swap

on AUDNZD again. True, I am watching the demo trades closer. I just looked at my live statement and ticket 13796244 which opened on Sep 14th also has a positive swap

.

Shhhhh. Don't tell anyone

Rick

**pipdetector** · 2009-09-17, 06:11 PM

Quote:

Originally Posted by rsmereka

Yesterday, I got positive swap

on AUDNZD again. True, I am watching the demo trades closer. I just looked at my live statement and ticket 13796244 which opened on Sep 14th also has a positive swap

.

I had to see it with my own eyes... I checked your 13796244 ticket and it shows -0.04

Are you sure that you did not have rosy tinted glasses on, when checking the statement?

Defintely, nevertheless, I admit that Alpari swap

rate

is very decent. At FXDD they charge 0.01 per each 0.01 lot.

beatsme · 2009-09-17, 06:14 PM

how many days a trade have to be open so the swap

is bigger than the profit of 40 pips?

considering 0.01 lots

any ideia?

**pipdetector** · 2009-09-17, 06:27 PM

40 pips profit is $4.00, so it will take 400 days before the swap

is bigger than the profit. Most of the trades are closed much earlier :-)

beatsme · 2009-09-17, 06:31 PM

can you guys tell me if the average income is 6% as they claim...

im in doubt if i buy the lifetime or monthly... im considering if the bot can pay itself on a 2000usd acount with fxdd..

do you the average income trading only audnzd and another count with both pairs audnzd and eurchf?

**pipdetector** · 2009-09-17, 06:55 PM

I use GT-Shadow with RM settings.

I think that if you want to use 2000 usd account and not to add to it in the meantime, it makes sense to buy the lifetime. If you assumed even 6% monthly income, for a long time a subscription of the bot would eat away the profits considerably.

6% monthly profits are possible, but not with the canned settings that the authors provide. My initial account of 5700 has grown by 2600 in 4 months, but I used a bit more risky settings when AUDNZD was reaching the upper price bound. This month I am 240 USD up, but I also added to my account additional funds to make the trade size bigger. I scaled down AUDNZD a bit, so the growth will slow down. EURCHF provides about 20% of the trades, but it is very slow. The good thing is that it has 0 swap

rate

, so it does not cost much to keep the trades open for a longer while.

beatsme · 2009-09-17, 07:08 PM

i convinced after all i ever saw of robominer... looks like its one robot that can makes really profit without any turbulance...

i would like to start with the monthly to get more confident and after some months buy the lifetime...

and keep sending money until i can trade both pairs...

what settings you tweak for more profit?

looking to the live account here at pipcop i see a 2.5% profit average.. not 6%... 2.5% would not pay the bot month

**pipdetector** · 2009-09-17, 07:36 PM

I changed BalanceFactor. When AUDNZD price was at ca. 1.2700-1.280, I used BF = 1000, so I had 0.05 lots per each trade. Right now, I am using BF = 2500, as I would not really like to hold a big drawdown

if price moved north again. However, if it moved to the level of 1,2700, I would go back to this setting.