I am so glad I stopped participating in these forums (only very rarely do I post) because of people that don't have anything better to do but to put down another persons successes.
This reminds me of reading tabloids where the entertainer has no idea how these writers come up with these cockamamie so-called factual statements.
A robot has many different types of stops. Besides the typical stoplosses you would find in your average trading method it uses a more sophisticated stoploss that exits the trade when the current market has changed enough to signal a robot to exit the trade.
I personally have a stoploss it's called closing all my open trades each 30 days. So why do I do that? There's two reasons I do this. I find that not using any type of stoploss produces better returns in the long run.
A typical month for me is having approximately 150 positive wins in a row with approximately 6 or 7 open losing trades. Because my close trades always outweigh my open losses I end up with a positive month.
By closing on my platform and starting over the robot can adjust itself or in other words resynchronize itself to the current market. The robot has a function that automatically configures the settings internally using set 1 and set 2 based on the current market which is determined by the daily timeframe.
Just for anybody's information we now have three very profitable robots to my website will be retooled soon to make available to serious traders three distinctly different robots.
I can be reached at
steinitz@Cox.net
Don
