Today in this article you are going to learn how to use the Dax Robot software and how to start to make money with that software, let’s see.
So, what we did first? What I did is to deposit one thousand dollars on it, to give it a try, and basically because X profit requests to deposit a thousand dollars, we can look at the same robots and I am pretty sure that they actually tweaked something into the actual algorithm in order to like once a call, in order to have it fixed for XI or DM Forex because it’s different.
It is important that you know that it is a different type of trading technique, is not different strategies is a trading technique that you need to have for CFD that you do not have to have with binary options because, like you know, you have to have a stop loss, you have to have to take profit, so it is really complicated when it comes to Forex when you are coming from binary options.
So, basically what I did is to test right now X profit, I didn’t know how this robot works, but I was pretty sure that it was going to work the same way as min Book Pro and that it was going to take ten percent of my balance.
How much time can the robot be open?
Plus, it is more important that you know that the robot can be open for four days, not more than that, so I do not recommend you to have your robot open and then go to work or start your activities or anything like that simply because you have to have control of your trades.
What I did the Is that I logged into my account, and this is how the platform looks like:
Then I wait for a trade to be placed with X profit, then we can see the expiry price at the bottom of the platform, also we can see the take profit and the profit level, the order size, which says ten thousand.
The balance is actually moving: We are going to give it an opportunity to this software, if you see right now the balance is actually moving because of the trade is not in a winning position right now, but one of the things that I want to like point out it that you could actually close the position once you are in a winning pace and then you definitely are going to be able to like take profit before the expiry time like you do with binary options right, which is something really good, so after that I waited and see either if it closes take profit or stop loss, this is what has happened so far.
I lost a trade, but then that trade was actually placed, it was a call, it was a buy and I closed it, I could wait a little bit more before closing it, but I really wanted to try what was like to take the profit and the stop loss, and after that I made one dollar, I could have made more if I closed it at the right time.
This is about how the Dax Robot works:Plus, it is important for you to know that this is not a session about how to try to make money, basically what I want to show you is how the Dax Robot software works and how you can close the positions before they expired, even if you see that you are losing too much, you can actually close it but you are never going to lose more than 10 percent of your investment, so the maximum that you can actually lose is like one hundred dollars, and the maximum you can make is one hundred dollars as well out of my $1,000 dollars that I invested, if you have three hundred dollars is going to be fifty, and so on, so I definitely like this software and I like the fact that you can actually control the stop loss and take profit, and I love the way that you can actually close the trades before they expire, which makes this software a great software who invest with it, I am definitely going to start using it more.