qbantek
Recruit
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- 3
The recovery trade worked out and I made a few extra pips. In all fairness the GPSForexRobot may provide 30% per month but it does not for me, in spite of my many emails to the support team and their lack lustre responses.
With regards to the recovery trade when you have your " Blue Moon" you'll really have to manage the recovery as best as you can, but one day expect a margin call it's inevitable!!
Now if you think the EA is not worth the risk of having one trade wipe out your account I'm inclined to agree with you..
Wow, what kind of leverage do you use? Certainly not 1:50 because I know at least 2 people that got a margin call on that 'Blue Moon' day.
That second trade went (w/ 5.3 times the normal lot size) -136pips against the trade, no SL on that one... just margin calls.
Check the FPA demo account, they also managed to get out w/o a margin call but I saw on their (almost) live report a floating loss of $5600+ on a $10,000 account.. that's a lot!