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  1. #1
    Join Date
    Dec 2009
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    Default Is Forex No Loss Robot Works?

    Dear All,

    Question: Is Forex No Loss Robot Works?

    Answer: Now in days we hear so much about easy earning with just purchasing a robot to do the work for you. Well let us first define what a Forex robot is: it is a foreign exchange automated trading program that uses sophisticated short-term algorithms. These algorithms are mostly designed by professional Forex money managers and traders.
    With so many Forex Robots how can we determine which one is the right one for you and/or the most profitable one? Well that is a quest that an investor needs to take notice. So that is why I want to help you out to choose the best Forex Robot out there.

    With best regards,
    Malik
    Last edited by PipsyGirl; 12-26-2009 at 06:37 AM. Reason: Advertising

  2. #2
    abangman2007 is offline Banned Newbie
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    Nov 2009
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    Default SpyforexSystem

    EA no loss robot worked! but take a long time.my be a few years.So high risk,coz u ll be floating many time.That not a good idea.Y not used spyforexsystem,ll take easy for us to trade forex,n gain a lot of monay such a short times?

  3. #3
    david wood is offline Junior Member
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    Sep 2009
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    I'd stay away from it.
    The "no loss" doesn't mean you will have no loss. it means there's no stop loss!
    So, sooner or later you'll blow your account

  4. #4
    abangman2007 is offline Banned Newbie
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    take its free from me

    Quote Originally Posted by david wood View Post
    I'd stay away from it.
    The "no loss" doesn't mean you will have no loss. it means there's no stop loss!
    So, sooner or later you'll blow your account

  5. #5
    forexgenuine is offline Senior Member
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    Quote Originally Posted by david wood View Post
    I'd stay away from it.
    The "no loss" doesn't mean you will have no loss. it means there's no stop loss!
    So, sooner or later you'll blow your account
    I agree no-stop loss is a no-no except if you are monitoring yourself which defeats the purpose of an automated trading system.

  6. #6
    Join Date
    Nov 2009
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    Default Rip off

    As previously mentioned, no loss means eventually going to zero. Once the market turns on a weekly or monthly time frame, it good bye funds. Don Steinitz is immoral selling this trash.

  7. #7
    Join Date
    Jan 2010
    Posts
    6
    So this is an EA that places trades based on statistical indicators but they only come with take profit points and no stop loss points? So you will rack up several small winning trades but get blown out when a prevailing trend emerges contrary to one of your positions? I find it ludicrous that something like this would ever get marketed, or purchased, for that matter. Please correct me if my thinking is wrong.

  8. #8
    Join Date
    Nov 2009
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    Default Yes To Above

    You are correct, the trend change will destroy the account.

  9. #9
    Mudar's Avatar
    Mudar is offline Senior Member
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    Jan 2009
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    107
    So the hard question is Is Forex No Loss Robot Works?

    Yes this is a very complicate subject....and is that Santa Clause exist ?

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