Forex Posse: No Loss Robot (By forex_trader_2463)

The user has deleted this system.

Forex Posse: No Loss Robot Discussion

Dec 08, 2009 at 13:33
903 Views
3 Replies
forex_trader_2463
Member Since Nov 02, 2009   11 posts
Dec 10, 2009 at 14:19 (edited Dec 10, 2009 at 14:20)
Hello,
You are looking at the 100% No Loss Robot, created by Don Steinitz.
I purchased the robot in 12/2009 and immediately installed it on my IBFX account.
This is a Live Account with Real Money.
If you would like to purchase this EA, please click on my affiliate link below to help support more testing of EAs.
Thank You! 😄
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Member Since Nov 09, 2009   60 posts
Dec 11, 2009 at 23:25
Thats gotta be a blow to your faith in the system.
It is what it is, until its not, and then its something else.
Member Since Oct 25, 2009   88 posts
Dec 11, 2009 at 23:41
How did the 'No Loss' robot manage to lose money? Did you manually close the open trades? 😲
Whoever said money can't buy happiness didn't know where to shop.
forex_trader_2463
Member Since Nov 02, 2009   11 posts
Dec 15, 2009 at 14:13
Please read the comments that I posted next to the trades under Trade History for the gory details.

In all honesty, I can't say that I didn't expect that to happen. It was only a $50 account. There was barely enough capital to open 3 trades with 0.01 lot size, and the robot is designed to handle up to 10 trades at a time. We will be adding more funds to the account soon to test how it will deal with a larger balance. The money management settings should hopefully prevent another stop-out with a larger balance in place to sustain a minor drawdown.

As it stands, I do not recommend the robot for a small account size such as $50. As for larger account sizes, that has yet to be concluded.

Thanks again for all your support!
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