Quote:
Originally Posted by traderxxx
robots are usually a waste of time and money....the only good EAs are the ones that are managed by some sort of money manager than tweeeks and twurks the EA during the year bc there is no 1 system that will be constantly making $
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Not usually. 100% waste of time and money. When I started learning forex I came across many of these 'superb' tools. They say that they will make money for you ? Easy money with no effort .. Is that true ... NO!
If forex robots were so successful or some of them were, then they should double and double and double the money invested and suddenly would be making millions.
Even if some robot is successful it would be for some short amount of time because the market is changing constantly, if you could predict what robot is good and switch them at the right time, then you don't need them. The real trader is you, not some automated thing ..