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Previous robot reviews Previous reviews of robots, some good, some bad.
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Old 2009-05-13, 09:31 PM   #61 (permalink)
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It's tough finding a credible robot - even pipcop has a conflict of interest!
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Old 2009-05-13, 10:11 PM   #62 (permalink)
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Cogs, I am going to have to ask you to back down. Your claims, while possibly valid, have absolutely no proof behind them. If you are going to take it upon yourself to "bust" someone you have to provide proof FIRST. Screenshots, email chains, statements, and so forth are all acceptable. However, at this point it's just hearsay and that isn't acceptable and is cluttering up my forum.

Thanks for understanding.
A lot of people have lost some hard earned cash with these fraudsters now, there are more clues than just testing their robot because they know by the time you have tested it they can be long gone, revised it with a new beaut second version or set up contact barriers.
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Old 2009-05-14, 12:11 AM   #63 (permalink)
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I agree, I've lost money, but would like to find a credible robot. Pipcop claims to be objective but also promotes some.
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Old 2009-05-14, 12:24 AM   #64 (permalink)
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The problem is 'lack of intelligence'. No cheap robot will come close to matching the human mind and changing market conditions.

I believe for very short periods of time certain markets could be a little robotic, and they only be due to robots placing trades.

I will run one of the robots again in the future in a trend but it will only be for approx one week then I will turn it off again as they are just not smart enough to change with the conditions.
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Old 2009-05-14, 12:37 AM   #65 (permalink)
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I agree. I've been looking at managed funds that use multipe robots/strategies. I was involved with one, latitude7.com, which went out of business, but had a very interesting strategy. I'm now looking at moneybax.com, which uses four different strategies, and has a very good record over four years. I think the best approach combines robots and the human touch.
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Old 2009-05-14, 09:28 AM   #66 (permalink)
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Quote:
Originally Posted by thasler View Post
Pipcop claims to be objective but also promotes some.
It's up to you, the skeptical investor, to perform your due diligence and decide which is best. All I can provide is more data to review.
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Old 2009-05-14, 09:48 AM   #67 (permalink)
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With all the hype involved, doing due diligence isn't easy.

I appreciate this blog, but I think that your deals with some of the robots doesn't help your credibility.
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Old 2009-05-14, 10:14 AM   #68 (permalink)
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You're in good company. There are over 5 pages of comments discussing that exact matter right here:

http://www.pipcop.com/forums/review-...op-biased.html

Dead horse, beating, etc.
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Old 2009-05-14, 10:55 AM   #69 (permalink)
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I recognize that you need financial support but wouldn't ads do the trick? That works with forex peace army.
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Old 2009-05-14, 12:06 PM   #70 (permalink)
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You're comparing one of the largest Forex sites in the world to my new-ish site. If I were making the money they are (supposedly) making, I wouldn't even need to work!

Anyway, let's stop hijacking this MegaDroid thread - please reply in the other thread if you want to continue the off-topic discussion.
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