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FOREX NO LOSS ROBOT |
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Price: $149.00
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Optimism Rank: 
Sold by: ClickBank
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Description:
The No Loss Robot can trade on any pair, but it has a built in spread filter, to only trade currencies with a spread of 8 pips or less. (This feature can be modified, if you prefer to trade it on pairs with a higher spread.) This robot can also be installed on any time frame; it actually pulls data from all time frames and uses it for entries and exits.
Scott's Notes (November 6th, 2009):
When I first saw the name "No Loss Robot" my first thought was, "Well, there goes the trading accounts," because *no loss* usually means no stop loss and "Hello, margin calls!" Then I found out that it is the Steinitz HAS-MTF robot and I remembered that I have seen that robot dump many accounts. However, this was years ago and things may have changed - or people may have been trading too many lots - so we're going to try it again!
Links:
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MT247 Statements:
(right-click and ‘save target as’ to download)
Account Updates and Memos
05/05/10 - A new demo account was created:
The Alpari account expired, so we had to create a new one. Here is the overview from the old demo account:
Recommended Pairs Demo: Traded from 02/10/10 to 04/30/10
Total trades: 225, Total pips: -27.8
Account started with: $10,000, Account ended with: $14,118
Pairs traded: USD/JPY, EUR/JPY, CHF/JPY, EUR/CHF, GBP/JPY, GBP/USD, USD/CAD, EUR/USD, AUD/USD, EUR/GBP
Risk setting traded: 0.10 fixed lots
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02/10/10 - A new demo account was created:
An Old FXDD demo account expired so we had to create a new one. Here is the overview from the old demo account:
Traded from 11/09/09 to 02/05/10
Total trades: 186, Total pips (net): -2,467
Account started with: $10,000, Account ended with: $13,068
Ending equity: $7,548, Floating P/L: $-5,519
Risk setting traded: 0.1 fixed lots
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