robominer (By brado)
The user has deleted this system.
robominer Discussion
Sep 14, 2009 at 16:49
824 Views
7 Replies
Member Since Aug 20, 2009
216 posts
Sep 17, 2009 at 13:01
Not really he isn't closing his losing trades - not a single one in fact it seems. This is fraud, it gives the illusion being able to trade
but in real life you won't just allow a losing trade to keep on escalating. There should be some sort of marker to flag this in the stats page. If the losing trades are factored in his account is running at a loss.
but in real life you won't just allow a losing trade to keep on escalating. There should be some sort of marker to flag this in the stats page. If the losing trades are factored in his account is running at a loss.
forex_trader_1363
Member Since Oct 03, 2009
27 posts
Oct 03, 2009 at 12:39
agreed stephanusR you have to factor in the open losing trades - and these should be much more transparent on this site than having to deduct equity value from the balance..having said that robominer is actually profitable but no way near as high as this summary suggests..
forex_trader_1363
Member Since Oct 03, 2009
27 posts
Oct 03, 2009 at 13:00
correction to above - they should offer a figure representing the current account equity vs deposit which is the crucial factor i.e. how much you have actually won or lost.
Equity percentage is simply the current equity expressed against the maximum equity to date.
Equity percentage is simply the current equity expressed against the maximum equity to date.
forex_trader_1481
Member Since Oct 07, 2009
6 posts
Oct 08, 2009 at 14:21
this robot works as this . it doesnt close any losing trades. it will come back sometime and close in profit
Member Since Aug 20, 2009
216 posts
Oct 10, 2009 at 17:07
petersurrey posted:
correction to above - they should offer a figure representing the current account equity vs deposit which is the crucial factor i.e. how much you have actually won or lost.
Equity percentage is simply the current equity expressed against the maximum equity to date.
This issue has been brought up multiple times and still hasn't been fixed. What matters is how much money will you get back on closing the account and all trades which is $28 518. The deposit was $25 197 and thus the gain is: 13% and not 154% or 122%(abs gain). The request that was made to the site owners was that the an accurate reflection of the system perfomance is given as a %, there should be no need to drag a calculator closes and manually calculate. The difference between 13% and 122% is simply preposterous .
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