benaj
Member of DD Central
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Post by benaj on Jan 17, 2019 9:11:46 GMT
Hi, anyone has any real experience with Robowise? It sounds intelligent and automated, but does it increase "portofolio value" with this automatic trading algorithm with good return of interest?
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Post by Proptechfish on Jan 23, 2019 10:42:14 GMT
I haven't had an extended experience with it, but tried it and was not impressed. It sold more of some notes than i intended, didn't buy others i was after and if you amend it while it's running it effectively starts again. Everything you sell is obviously at a commission too so it erodes your earnings and you can not stop it while it's rebalancing. In the end i just had to set everything to sell let it run for about 12 hours make doubly sure it was turned off and manually brought back in to offerings. My experience was brief but left me totally confused and it cost me something like 1% of my balance in few hours.
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invester
P2P Blogger
Posts: 612
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Post by invester on Jan 23, 2019 11:19:26 GMT
I am not too impressed either. Activated it but I have lost 1% of my account value - presumably some liquidated losses. My portfolio value is actually worth less than what I invested, no doubt because some of the bonds are worth less now.
Not really convinced it does anything else apart from aim to buy up a chunk of everything. Not sure that automated trading benefits us more than it does for them.
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