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Old 2010-12-20, 06:35 AM   #11 (permalink)
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Hello, Pipcop, the idea of the forum is awesome. So awesome that I'm surprised I have found it after a while of being a trader.
There are so many topics on every single forum about working, not working, working wrong robots, that I find this conception brilliant for the user. Great, nothing else to add!

Question: what % off all Forex robots really working?

Thumbs up!!!
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Old 2010-12-20, 07:09 AM   #12 (permalink)
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I actually stopped testing most robots because there were so many failures. Members are encouraged to post their own reviews now and thus far it seems there is only a tiny number that work. On top of that the recent changes to changes forcing traders to (basically) use US brokers and 50:1 leverage has killed the concept of Forex for a lot of automated robots. I personally got hosed when Forex.com moved my account back from their overseas MetaTrader platform onto a FIFO account and then did not give me access to the account. As luck would have it the AUD/NZD dropped and wiped out all my profits for a year due to FIFO . I closed my account with them in protest and have not been trading Forex until I figure out something else that will work.

As a result of my stopping testing (which was far too time consuming for me alone) this site has slowed down dramatically. The reality is that I was spending so much time setting up robots and so forth and it was not worth my time and effort. I could have picked up a second job and made far more money than I was making trying these robots. Of course, the tiny profits also matched the tiny accounts, but I am not willing to risk big money on Forex anymore.

I'm kind of jaded now I guess.
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Old 2011-03-05, 08:38 AM   #13 (permalink)
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can you test Forex Accurate for me, it is advertised on this site, can you say without irevoction, are all the EAs advertising on this site passed your review?
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Old 2011-03-05, 10:39 AM   #14 (permalink)
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Quote:
Originally Posted by argonot View Post
can you test Forex Accurate for me, it is advertised on this site, can you say without irevoction, are all the EAs advertising on this site passed your review?
Pipcop does not do EA review's anymore. Read this.

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