Originally posted by golden4x

Of course there is a few expert is real one but it will not be for sell and this should win his owner so he will makes money and may be will manage some accounts like me .. I have a collections I made it by myself and as a I said this expert not for sell but if you owuld like to let me manage you account you are welcome ..

 

which is the same robot you are referring here => http://www.fxstat.com/en/forum/showpost/24-Expert_Advisors/4090-What_do_you_think_about_this_Expert

Hi richdadfx

If you notice in my artical the attach speaks about the USDCHF and as you notice i let it wroks through my collection so you download the attach and you go to myfxbook.com and make a search about golden4x to see all the account but i have a new strategy we make it for the traders whom lose about 50% of there accounts .. we offer to them to manage there account for two or three monthes for free to get back there money and after that we stop trading and if they need to continue they must paid us our fee..

Thanks for your comment 

Greetings

Golden4x

Yes forex Auto trading is for real and there are some programs and software which trade on their own for 24x5 as long as markets are open and humans can not trade continuously. The EA trade the way it has been programmed.

Auto trading is good and fxstat is also good for auto trading and you can try them and can able to do auto trade and make some good profit and i just love this site fxstat because its profitable to me.

Originally posted by randy181992

Auto trading is good and fxstat is also good for auto trading and you can try them and can able to do auto trade and make some good profit and i just love this site fxstat because its profitable to me.

You said fxstat is profitable for u. So are u using autotrading service of fxstat? 

it is also imortant to hint that EAs are capable of making loss too beside the winners,,, anyone that is willing to trade using EAs must after all accept the losing trades as well,,,

Although, testing the EA on demo account is good but the real judgement comes from real accounts for sure

Originally posted by magdeldinstella

it is also imortant to hint that EAs are capable of making loss too beside the winners,,, anyone that is willing to trade using EAs must after all accept the losing trades as well,,,

Although, testing the EA on demo account is good but the real judgement comes from real accounts for sure " />

I think the statement should be EAs r also capable of making profit. Bcoz I havnt come accross any EA that is consistently profitable. Most of EAs fail at start and keep making loss. Only a few can make profit for a few weeks and then fail. 

I have tried many "for sale" expert advisors and can say now that they all suffer from one of 3 problems.   1). They make very small pips, not quite "scalping" but nearly so, are mostly time restricted, plus often suffer from that one huge loss during a spike. 2). They do not make a profit in real account in future as have been "curve fitted" to make their back results look good. 3). Its the same rubbsih EA but repackaged on a new site. Basically many "sales" websites try to give you a freebie, to get your email address, from then on you simply keep getting new emails every month or so with these new remarkable EAs, which are just repackaged failures. As a general rule - unless you can get access via MT4/MT5 to a LIVE real account to see the trading style and results - IT AIN'T REAL !!!!!   I use only my own EAs, which have taken me years to build and adjust, I have never tried to sell one or shared one, so now I hope to be able to offer this as a copier system on this site. The main problem with selling any EA is that the EX4 file can be "de-compiled", essentially stolen, there is no way round this drawback at present so there it is.

I think there are few that are proven OK. But being a new trader I do not think I would be using them now. Maybe soon when my trading goes on.