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Tag Archives: Ivybot

No stop loss using IvyBot

No stop loss using IvyBot

Posted on 04. Aug, 2009 by .

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A few days ago, I wrote a short preview of the new EA called Ivybot. A lot of hype and crazy claims, and no facts. Now a few days later, more honest and reliable information is comming out. One of the aspects of the Ivybot seems to be that it does not use a stop loss, but simple shut down trades which has been open for a long period, without hitting the take profit level. This is somewhat similar to the way Forex Ambush 2.0 is working. Sure you can show a lot of winning trades, but keep in mind that one trade can take down your entire account balance. I would never let an EA trade my real money account, without using stop losses! What do you think?

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Preview of Ivybot

Preview of Ivybot

Posted on 28. Jul, 2009 by .

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Not long ago we had the new FAP Turbo Evolution released, and now we are moving on for the next one, Ivybot. Apparently the creators of Ivybot had a webinar last night where people could get some more information about this new EA. I have been to some of these pre-release webinars and in my opinion, this is nothing but a sales pitch! They will go on for hours, about why you should get exactly this EA and not the other one. But if anybody did attend the webinar, and they had something truly breathtaking to share, please drop a comment. If you want to see the webinar, you still have the chance, as they recorded it and put it up on the sales page. Grab the webinar here. The Ivybot is to be released today around 9 AM EST, July 28th. What I have read about it so far, is that the mechanisms of the Ivybot is somewhat similar to the FAP Turbo, where as the Ivybot will work with four different pairs, and the FAP Turbo is only meant to be used on one pair. The price should be in the range of $150. I will wait and see what other people are saying before I jump in. What are your thoughts on the Ivybot?

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