RoboMiner robot review - Page 6 - Pip Cop

**PipCop** · 2008-11-23, 09:58 PM

Sorry, I don't have an answer to that question. However, if you email Jerry at his site I am sure he will get back to you.

When he does, would you mind posting the response here so we can know as well? Thanks!

jimbnc · 2008-11-23, 11:01 PM

hey pipcop,

the quote

below is from bob llewallen of the group forum..i dont know who he is...great info though....

Quote:

I'm assuming the RoboMiner here, You can start with less than $2000 but you would have to really understand what your doing to attempt that. If you only have $2000 to begin with, then just trade one currency

, either the audnzd or the eurchf but not both. When your balance reaches $3500 then add the second currency

. Make your balancefactor at least 3500 when trading both pairs. (You will start making twice as much because of the extra currency

) As your account grows, you will want to further protect it from danger by increasing the balancefactor by 250 at a time. Somewhere around $10,000 in my balance I would increase the BF to 3750 then 4000 at $18,000. 4250 at a balance of $25000 and so on.

take it easy

jimmy b

omalljd · 2008-11-24, 09:48 PM

I have a question about lot size when using RoboMiner. I have RoboMiner installed and working but I keep getting a message asking if my account is set to trade only 1 decimal lots. Does this mean I am only able to trade.1 lots or is there a setting for .01 lots? I'm assuming this is a setting within the Metatrader platform. Any suggestions?

Thanks,
Jeff

p.s. I just looked and it is trading .1 lot sizes. How do I change it to .01?

**PipCop** · 2008-11-25, 12:21 AM

That is a message & setting from RoboMiner, and can only be modified by changing the settings of the EA (not MetaTrader). I am not entirely clear on the desired results, or how to obtain them by effecting which changes, so you may want to check on the RoboMiner website. I am sure it is documented there.

gelt · 2008-11-25, 12:52 PM

Quote:

Originally Posted by omalljd

I have a question about lot size when using RoboMiner. I have RoboMiner installed and working but I keep getting a message asking if my account is set to trade only 1 decimal lots. Does this mean I am only able to trade.1 lots or is there a setting for .01 lots? I'm assuming this is a setting within the Metatrader platform. Any suggestions?

Thanks,
Jeff

p.s. I just looked and it is trading .1 lot sizes. How do I change it to .01?

This is something which has to do with the way your account is set up, even with brokers that allow micro lots (two decimals) you will have to make sure that the specific account is set up to allow it.

Killer-B · 2008-11-26, 03:59 PM

As kind of a follow on... Maybe for the folks at Forex-Goldmine, as I don't see it answered really in their FAQ's section -

But the DEMO here is trading .02 lots (2 decimal) - My DEMO is trading .12 - but am using a $25,000 account -

So my question is, can this be traded on a lessor account? i.e. $500 or $1,000 vs. $2,000 suggested?

Thanks-

KB

**PipCop** · 2008-11-26, 04:23 PM

I believe it can. The lot size is calculated based off the balance in the account. As the balance grows, so does the lot size. Look at this months statement and you will see it adjusting the lot sizes and making a little more money, and look at the equity graph and you'll see it bending upwards a tiny bit.

Killer-B · 2008-11-26, 04:29 PM

Thanks - Kinda figured that - but their site was pushing the 2K min - and suspect that's for DD's... though this pair has been relatively stable - Just loaded it on EUR/CHF and is doing even better

-Off topic-

You gonna allow avatars on here? Also, you may wanna place "donations" under the donut

so peeps know....

Great site!

**PipCop** · 2008-11-26, 04:59 PM

Yeah, DD can kill ya, so I am sure that's why they say to start with more.

Avatars will come later, for now I prefer to focus on the content. You'll find that's my long term every cherished goal.

I never really had much luck with donations on any site, so the donut is more for fun than anything else.

**roberto59** · 2008-11-28, 07:39 PM

Quote:

Originally Posted by jimbnc

hey james,

i see yu tested this system or ea on interbank fx..I have a small account with them..So the system automaticallt went to 0.03...just wondered how it did with interbank fx.

take care

jimmy b

i think the difference between ibfx and 9the recomended one fxdd, is you need the 200:1 leverage

instead of 100: ,all about math calculations to avoid a margin call