Originally posted by PamLeg

I would say, ones that are sold in mass are rubbish - you have to find a good IB that developed an very good ea and trade with that. It's the IB interest that the EA tardes well.

Also, playing with settings is a disaster - follow advice.

I will never buy a $99 EA again!

Correct. Commercial EAs are mostly scam. Instead of buying an EA (or we can say donating to EA because we get zero), it is better to diversify ur investment in auto trading. 

I have not tried using a robot yet in trading. But per my knowledge from readings, it say that it would be better if a new trader started doing manula trading first.

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Originally posted by Bacefx

hello

 

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What is Forex Robot - it is Some Strategy or System (it is very different things) that coded in some EA rules (EA will do exectly what you will code incide - non step right or left from code). Sometimes old strategyes Stop Working. And Software stop making profits, or brokers (or even Pentagon Mashine start Calculate how to blow up your EA)... But mostly expert advisors can be like :

1) total Automated (tarder are Free 100% time)
2) Semiautomated (Indicators show Enter+Human open Order+EA continue support Opened Orders of Human/TP+SL+Trall)
3) Scripts (something like semiautomated - its halp to place a lot of orders at the same tima with SL/TP/Trall)

Mostly Forex NEWs start Killing any strategy...But if broker Good with no requotes and normal regulated spreads than it is posssible to make money At Forex NEWS if trader unrestad that Forex Pairs is only Fraction of 2 Pairs : EUR/USD...and if USD come UP at forex news than EUR/USD come DOWN...If EUR will not moove :) 

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