[B]I purchased Ivybot two weeks ago the day when it was first releasedto the public.
I downloaded and installed Ivybot on my computer system.
I used the default settings with a live $ 1,500 FXDD Trading Account.
I am using the Lot Size of 0.50 based on a $ 1,500 Account Balance as recommeded in the Ivybot PDF User Manual.
Two weeks ago there was one trade with USD/JPY which made around
$ 64.00.
Last week there were no trades.
On Sunday and Monday this week there were two trades with USD/JPY for a total of around $ 154.00 loss.
Today Tuesday there has been one active trade with USD/JPY and it is down as of 10:52 AM around $ 375.00.
Jonathan[/B]
:mad:
Our results haven’t been any better than yours except we didn’t open live accounts.
I think the rest of the trial people would agree with me that this EA will not make up the losses you have already suffered. My suggestion is to close the trade, lick your wounds, close your live account and open a similar demo account. You have 30 to 60 days to test this thing before you get your money back through Clickbank and I suggest that is what you do.
None of our Ivys opened any positions on Tuesday which begs asking did you tweak some settings or are you running it with the original ones?
The standard opinion is never run an EA on anything larger than a $1000.00 live account, and only then after it has been tested extensively with a demo account.
Also recommend the lot size at .1 regardless of what is recommended by the instructions.
There is one person in the larger group running a live account, but It is only a $500 account. They are losing money too.
We are all continuing to test and you are welcome to watch or join in, but get out of that live account fast. USDJPY is nosediving and has been since yesterday. All of this is assuming that you have a limited amount of money that you can throw at a hobby. If you can afford to lose that amount and more then continue on the same path.
I read in the large thread that Ivy is coming out with version 5.0 in about 2 weeks.