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Forum forex indonesia Please be aware that the stop-losses you put on your robot are not withheld and the bot WILL trade past them. Please see these images. She keeps telling me that "the robots section is in beta" but nowhere on their site does it say this. Unfortunately, I'm locked into this site now because of the bonus scheme, but once I'm out of this scheme, I will take my money elsewhere.
You have been warned! I wish I had never signed up with them. Sorry to hear but it's not a surprise. Robots can't and will not make you money. In this case, they are just supposed to be seen as a guide but even then, you should always make your own analysis.
Further to this, I've just had the manager of customer services on the phone, and he's refusing to refund the money the robot erroneously took from me. What's more, he's now saying that IQ Option doesn't want me as a customer and that they will terminate my account.
Simple guys, is this a company YOU want do deal with? Okane, I agree, I was playing with the programming, but when I initiate a stop-loss, I expect it to be adhered to, if not, then refunded, because that is THEIR programming problem, not mine. Additionally, THEY made money off the back of their programming problem, which I had already identified to them. Refusal to refund seems like theft to me. If they do not refund, then I will see them in small claims court. You are using robots provided by the broker and not building your own?
I don't think I would ever use someone elses, especially since the product is so new. I am still curious to try building my own robot though, it looks pretty cool to me. You should complain to them, maybe to your credit card too, they may be able to get you a charge back. I was using a robot I had written, but it carried on trading past a stop-loss I had put in. I have also now had a response from IQ Option. It basically says and I quote "I am fully aware that the issues I am experiencing are due to the fact that the version of the Robots website is beta and as such may have some inconsistencies and bugs.
They only did the refund because I threatened to sue them. Not good when you lose money due to their bad programming. Anyway, I'm taking the money and running, I'll never use them again. I don't mind bugs, but reimbursement is expected if I lose money due to a bug that's not of my own doing. Didn't think about the card option, my try that also. In the end no matter what they say or how great or bad a system is it always traders responsibility and user beware.
The Geek, I disagree, if I setup a stop-loss, I expect it to be adhered to, even if it's a bot. Otherwise, what's the point? What you're saying is that even if you were placing trades on forex normally, and you set a stop-loss, you would be happy to lose more money because your trade was not stopped at the stop-loss?
Yes, it's my responsibility if the robot I create puts or calls wrong, but it's not my responsibility when I set a stop-loss and the robot ignores it. That is not something that is programmable on IQ Option. It's a setting on each robot. Simply amount of unsuccessful trades in a row before reset.
I set 6, it traded 8, thus those last two are not my liability in my option. And I was not concurrent trading, it was serial. Trading with a self made robot sounds cool, this technology is also pretty interesting, but as we are discovering through this discussion may have some bugs as yet to be worked out.
BTW what kind of stop-losses are you setting? There are no stop losses in binary, at best there is early out features but those are not widespread and have serious limitations. As soon as I mentioned IQ Option to my banks chargeback department, they said "We've had quite a few Chargebacks for this company, mainly because funds were not released back to the customer when they were withdrawing funds" - OMG, they're not giving out the funds when customers click Withdraw!?!?!