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Discuss CashPumpingRobot.com

General discussions of a financial company
The Experiment Begins...

Dear forex traders! A new product has been added to FPA Performance Test. Now it is in the end of list and the results are bad. But please do not underestimate us. If you look at our trade history probably you'll think our trading strategy is not good at all. But this is not right. Cash Pumping Robot is a robust product that can bring you significant profits. So why do we have such bad results from the first day of our test? You see many robots here at FPA which show good results at their first days or weeks of performance test aren't able to provide those positive results in a long run. We decided to act in an unusual way. We would like you to take part in our experiment. We deliberately ruined a half of our account balance! We've just killed a thousand dollars! Believe us we are not crazy to throw our money away. We are so confident in our product and would like to prove it to you. What can we do to prove to you that our robot is good in a long run? Is it possible to be number ONE for a robot that is the last in test now? So, let's see! But only this can really prove to you that Cash Pumping Robot is something that you haven't seen in forex market!
 
(Not) crazy to throw our money away?

Dear forex traders! ... So why do we have such bad results from the first day of our test? ... We decided to act in an unusual way. ... We deliberately ruined a half of our account balance! We've just killed a thousand dollars! Believe us we are not crazy to throw our money away...

It will be interesting to see how a system with a 87% drawdown will somehow start to become profitable. Are you saying that you lost that much of your account balance on purpose, just to demonstrate that the robot can recover from that huge loss? I don't understand what your purpose is with this "experiment".

Anyone can show a huge loss, just look at most of the other ea's that have been tested.

You may be able to come back from that kind of loss, but it's extremely unlikely. Much more likely to blow out. Time will tell.
 
"...prove to you that Cash Pumping Robot is something that you haven't seen in forex market!"
That, believe me, we have seen plenty of....Robots/EAs trashing trading accounts!
Trashing an account "on purpose"...no, I believe this would be a first!

BUT, why "kill" good money to prove a point????
Wouldn't it make more economic sense to use small, say usd300, account and then prove the Robot "superiority" and bring that account to usd300k like that China school teacher did trading manually????
Now that would open up many eyes and bring buyers banging at your door in no time!
But then, why bother with hawking these super-duper Robots when you can make the millions quietly on the side???


Well, at least the name "CashPumpingRobot" is appropriate as it sure is pumping a lot of cash out of the account!:p
 
Pumping going on here.

".Cash Pumping Robot

Looks like there's a whole lot of "pumpin" going on here. :D

hand pump.gif
 
When we submitted the EA to the test we were not waiting for hundreds of buyers)) For us EA selling is more fun than money making thus we pump pretty much cash out of forex market on daily basis with the same system. You see many of traders lose their money. We deliberately did the same thing with that account. If you pay attention to the statement you will see that the trading was not systematic at all. But then we installed our trading system to that account in order to change the situation. If our system gets to the top 10 in the test any trader out there will be sure that he/she will be able to get their account up after the losses caused by other EAs. That's it!

P.S.

By the way we have buyers coming from FPA website. And they are making money with our system:)

Happy Trading,

Cash Pumping Robot Team
 
Back again, with the final entry for Cash Pumping Robots, after running this robot for 2 weeks now, I must admit I have admitted defeat, and decided to give up on it. I understand this might be premature and as such I cannot really rate this EA with conclusive data, however it started out well, but this week I see it has been opening trades, against the trend, resulting in losses and more losses (on the EURUSD pair), and yes I know this has been a tough 2 weeks for this pair, but this is exactly when you want your EA to work well, not when the going is good and easy because even I can do successful trades then!.

To be fair to this EA, I have had issues with maintaining connectivity to their server, so in the end I decided it is all too hard for me - who is an average Forex trader doing this from home on a NON professional level - to run an EA that requires constant server feed back.

As said earlier, for support 5 Stars, for requirements for a home user to run from a home setup 1 star, but sorry to say for trading profitable 0 stars.

But bear in mind the test results are not conclusive and hardly comprehensive, so ask yourself is 2 weeks really long enough for a test of true performance?
It would be good for some one to run a longer trial as well to see if the results are better than I had.
I am now planning to run a test on the EA called Blessing, I will revert with results.
Cheers David
 
Another Junk EA bites the dust.

But please do not underestimate us. But only this can really prove to you that Cash Pumping Robot is something that you haven't seen in forex market!

WOW! You blew that account even quicker than I expected!

Do not underestimate us? It is hard to underestimate you enough.

Get this:


Test Stopped: 02-22-2012 (Tested 6.5 weeks)
Test Log:

01.24.12 Cash Pumping Robot Real test started with help of Investor Access...

02.22.12 Cash Pumping Robot real test stopped - account empty...

Developer Descriptions: Cash Pumping Robot is a technical system with low controlled drawdown... Prudent risk management.

What a load of bull.

They say it best here on this thread, "For us EA selling is more fun than money making."

That's the truth, since selling it must make more than using it.

This is just another sorry, poorly designed, worthless excuse for an automated trading software. No surprise, considering that it was risking 500 pips to make 50. All it did was lose money from the very beginning to the (very quick) end. No wonder they were happy to give someone a free trial. If you don't count the money you lost using it, then you got about what you paid for. It is unbelievable what kind of junk is being sold to "traders" these days.
 
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