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Decision to buy an EA

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Aug 20, 2011 11:41 pm

Envois: 939
Membre depuis: 21/04/2011

Originally posted by illiterate
You post can be divided into some questions.

Q1-What things can effect our decision of buying an EA online?
Ans- EA trading history, Price, Seller of the EA, What google tells us when we search abt it and Forex forums. These are the points that should be considered.

Q2- EA review sites and forums have different opinion about same EA.
Ans- You will go for the best sites. Top forex forums and top ea sites

Q3- How can we tell if an EA is really good or just a scam?
Ans- See ans to Q1



Hey buddy, are u working in a customer service center :D[aww]. Answering one by one :).

Stick to your rules

Aug 22, 2011 12:14 pm

Envois: 513
Membre depuis: 08/02/2011

Originally posted by illiterate

You post can be divided into some questions.

Q1-What things can effect our decision of buying an EA online?
Ans- EA trading history, Price, Seller of the EA, What google tells us when we search abt it and Forex forums. These are the points that should be considered.

Q2- EA review sites and forums have different opinion about same EA.
Ans- You will go for the best sites. Top forex forums and top ea sites

Q3- How can we tell if an EA is really good or just a scam?
Ans- See ans to Q1

 



totly agreed with these 3 questions and ans and i just wana add one thing to question one that if you do this research while about purchasing this ea do one thing more that in these forums that is may be present for free from the other users that buy that ea already .

http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.

Dec 18, 2013 01:58 pm
leebelisar User

Envois: 120
Membre depuis: 06/11/2013

Per my readings, the use of EA is not suggested to new traders. It would be better if a newbie start doing the manual first, then EA in the long run.

Dec 18, 2013 03:28 pm
Champ User

Envois: 711
Membre depuis: 17/05/2011

Originally posted by leebelisar

Per my readings, the use of EA is not suggested to new traders. It would be better if a newbie start doing the manual first, then EA in the long run.



Exactly. EAs r not for beginners bcoz there is hardly 1 ea in 10000s which actually works. Most of the EAs which r available commercially r scam.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Jan 21, 2014 12:17 pm
Sasha User

Envois: 836
Membre depuis: 16/05/2011

Originally posted by Champ

 

Originally posted by leebelisar

 

Per my readings, the use of EA is not suggested to new traders. It would be better if a newbie start doing the manual first, then EA in the long run.

 



 

Exactly. EAs r not for beginners bcoz there is hardly 1 ea in 10000s which actually works. Most of the EAs which r available commercially r scam.

 



In my opnion, an EA which is available commercially, wont work ( even with ratio of 1:10000) :D. The only simple reason is why would someone sell it if it actually works.

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