RoboMiner Pro Robot Review - LIVE ACCOUNT

[Junja]

Didn't see your last post, Pipcop, till after posting my reply.
I agree entirely. Though RM doesn't have average requirements ..

[Junja]

Originally Posted by jsp

With a $2000 account,

That's your figure, not mine.

[PipCop]

That is covered in the RM manual. Anyone who ventures into Forex and doesn't read the manual, or the FAQ, where available ... well, they're asking for trouble and there isn't much I can do to help them from themselves.

I always recommend people take their time and read EVERYTHING they can find before taking ANY action, ESPECIALLY with a real money account!

[jsp]

I was referring to your quote :

"Anyone who's thinking of going live with it would be better off with $2k."

The bottom line: That's not true if this EA can do what it claims.

Originally Posted by Junja

That's your figure, not mine.

Went live today with $500 - 1 winning trade of $3.35, 3 open trades pending.

Using GoMarkets with spread of 23. Can't wait for that to come down!

Leverage 200:1

All settings as per instructions

Anybody else have results?

[masternico]

you'll all get margin calls on your accounts sooner or later if you trade this ea life!
This ea doesn't even have a stoploss.
I made up my own little phrase to protect myself from trading without stoploss in the future.
--> If you can't trade with stoploss, then you can't trade without.

[raindog]

Just signed up for the subscription Pipcop, will upgrade if it works with my broker . I forgot the account number but emailed it to you, let me know if you didn't get it.

rd

[jimsmithuk]

Originally Posted by masternico

you'll all get margin calls on your accounts sooner or later if you trade this ea life!
This ea doesn't even have a stoploss.
I made up my own little phrase to protect myself from trading without stoploss in the future.
--> If you can't trade with stoploss, then you can't trade without.

I really don't want to start a row with someone. But I don't agree with your statement.
Bearing in mind this EA has mathematical proof that the one thing it will not do is blow your account (if traded right with the correct balance). If your statement were correct why has Pipcops demo not yet blown?
Why if you google RM is there not a ton of people complaining it blew there account?

I have looked around the web for RM and everything I've read elsewhere is much the same as what is posted here.

If you have proof that this EA is flawed or has blown accounts, maybe it would be helpful to provide a link to your source?

[Brettski]

Hello

I completely agree with you, it would take a serious disaster for this EA to margin out, I would have to say this is one of the safest EA's I have seen and demoed, It's not the most exciting EA to watch but hey that's the beauty of this EA, it just keeps chugging along making money.

As mentioned before my only small concern was the negative swap that builds up, but guess when it starts buying you get positive swap ..

PS: FXPRO has positive swap on the sell on this pair, just an FYI

[1ka]

Originally Posted by jimsmithuk

Bearing in mind this EA has mathematical proof that the one thing it will not do is blow your account (if traded right with the correct balance).

The proof is based on previous price history and that within those constraints, you would not blow the account.

Naturally, if either currency dropped through the floor, then all bets are off and you could get a margin call on the account. How likely is this to happen? Very unlikely, but not impossible.