$20 Million Lost, 5 year Track Record Gone – Trading Robot Fail

by Alan

The North East Way trading robot which we looked at a year ago and in July earlier this year has crashed taking out around $20 million of users funds with it. I feel sorry for those that lost, that’s a lot of money. Grid Martingale systems are dangerous and will crash at some point.. Little Crazy is the authors other grid martingale system and is going well.. this will crash also one day! It’s just the way that these trading robots work… every series of trades risks the whole account!

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