Million Pound Robot - OFFICIAL (By millionpound)

Gain : -55.0%
Drawdown 82.14%
Pips: 340.0
Trades 91
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Automated

Million Pound Robot - OFFICIAL Discussion

May 23, 2017 at 20:17
365 Views
1 Replies
Member Since Apr 20, 2012   134 posts
Aug 02, 2017 at 18:50
Boom.... doom.... all EAs bite dust one fine day
Member Since Jan 05, 2016   1189 posts
Aug 02, 2017 at 21:28 (edited Aug 02, 2017 at 21:32)
And this right here shows exactly why it imploded and died.

07.26.2017 22:01 07.27.2017 06:36 EURUSD Sell -20.00 20.00 1.17294 1.17494 -20.0 -2242.74 8h 35m -61.59%

-20 pips gave a $2242.74 loss on the trade.

Basic math shows there is NO MONEY MANAGEMENT at all on the account.

EURUSD
0.01 lotsize @ 1.0 pips = 0.10 per pip
0.10 lotsize @ 1.0 pips = 1.00 per pip
1.00 lotsize @ 1.0 pips = 10.00 per pip
10.00 lotsize @ 1.0 pips = 100.00 per pip
20.00 lotsize @ 1.0 pips = 200.00 per pip

So if we take a look at your trading history....



It is really easy to see that why this account died.

Even if your account had the maximum highest value ($7831.41) as indicated for your account, there is NO WAY you could reasonably expect your account to be profitable when you trade with such careless lotsizes.






If it looks too good to be true, it's probably a scam! Let the buyer beware.
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