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robominer (By brado )

The user has deleted this system.

robominer Discussion

mhd5000
Sep 17 2009 at 05:01
4 posts
Stephanus Rensburg (stephanusR)
Sep 17 2009 at 13:01
216 posts
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.
mhd5000
Sep 25 2009 at 19:02
4 posts
I would like to know which EA you are using if you dont mind ........

My best regards
Pascal
forex_trader_[1363]
Oct 03 2009 at 12:39
27 posts
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..
pavelr
Oct 03 2009 at 12:52
37 posts
they already added the equity percentage...
Pascal
forex_trader_[1363]
Oct 03 2009 at 13:00
27 posts
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.
www.forextrade.se
Forextrade
Oct 08 2009 at 14:21
6 posts
this robot works as this . it doesnt close any losing trades. it will come back sometime and close in profit
Stephanus Rensburg (stephanusR)
Oct 10 2009 at 17:07
216 posts

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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