Its results are good. But it has only 104 days of trading history as I saw it. But their claims are false (100% in 3 months).

The main thing is their trading history. I think at least 1 year of trading history and more is better. In this way a strategy is tested in different conditions.

Originally posted by devid2011

I am fresh Trader  I know Fundamental and Technical Analysis is very difficult, I often heard for Gold Silver Robots     at http://www.goldsilverrobots.com     they are claiming to earn 5% return in gold robot, can I rely on this bot, please help ?

How can u trust this robot. They dont even have a real account. They r showing statements of demo accounts. Live conditions are totally different. If they r so much sure about the results of its robots then why not a real account?

Originally posted by devid2011

I am fresh Trader  I know Fundamental and Technical Analysis is very difficult, I often heard for Gold Silver Robots     at http://www.goldsilverrobots.com     they are claiming to earn 5% return in gold robot, can I rely on this bot, please help ?

Why do u want to go for gold trading? Is it only bcoz of these attractive looking robots? As u said u r fresh trader so I think u shouldnt go for any EAs type thing.

robots are kind of programed to work only for a little time before they start to disappiont. its noty advisable

Originally posted by cees

robots are kind of programed to work only for a little time before they start to disappiont. its noty advisable

Yes coz market conditions are not same always. So it is always recomended to check a strategy for longer period and system should be regularly updated. These gold and silver robots are tested for very smaller period. Robot makers dont even trust on their own robot and that is why they r trying it on demo.

Originally posted by cees

robots are kind of programed to work only for a little time before they start to disappiont. its noty advisable

It also depends on the popularity of strategy. Moreover strategies do need minor tweaks on regular basis.

Gold is one of the best and profitable pair and if we try to learn more about it then we can understand its movement and can make a good amount of profit through it and i just love this pair.

Originally posted by randy181992

Gold is one of the best and profitable pair and if we try to learn more about it then we can understand its movement and can make a good amount of profit through it and i just love this pair.

Gold is not a pair . It is a commodity. I have seen many of ur posts and on all posts, you have written "you love this pair". It means u trade almost all pairs. Can u link ur trading account here.

Originally posted by devid2011

I am fresh Trader  I know Fundamental and Technical Analysis is very difficult, I often heard for Gold Silver Robots     at http://www.goldsilverrobots.com     they are claiming to earn 5% return in gold robot, can I rely on this bot, please help ?

 

I add my voice to my collegues traders and I advice you not to trust this EA ,,,,

Why don't you make use of the services they offer here at FXSTAT, it's more reliable and much cheaper on the long run

If you also try to contact me or any of our collegues traders on FXSTAT, we will provide you with some good material and ideas to get you start successfully in the world of forex

Gold uses a lot of margin as well as your brokers leverage is a lot lower, so even a quite small trade size could leave you with a margin call, expecially if you are using other robots and/or manual trading. Trust me, I have been there and bought that particular T-shirt, its a nightmare.

There is a site that will do your gold trades for you, for $4000 added to their broker, they control your sub-account, plus are limited by their broker to only 30 accounts, so its a very personal service. Looking at their returns, mostly profit and so good long term results from their manual skills.