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| Ask FXWizard Questions about Forex trading? FXWizard has the answers. |
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Apr 11, 2009, 10:13
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#1
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Newbie
Join Date: Apr 2009
Posts: 1
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ADVICE dose forex robot work?
hi there im sau and im a newbie and i just want to no if ea works? and which one are good and which pair to play ? 
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Apr 13, 2009, 15:24
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#2
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Administrator
Join Date: Jan 2008
Posts: 1,236
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Hi willpower1688, welcome to the fascinating world of Forex trading. To answer your question, I'm going to quote myself:
Quote:
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Don't try the easy way, to be profitable in trading requires to make your own research and develop your strategy. Or do you think anybody is going to sell the Holy Grail for 149$??? Would you do that???
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I hope the answer is explicit enough... 
Regards,
FXWizard
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May 11, 2009, 10:30
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#3
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Newbie
Join Date: Nov 2008
Posts: 12
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Forex Autopilot
Hi
some friends and i bought Forex Autopilot just to see if their system worked.
It doesnt seem to have any stop losses and it only seems to close losing trades at the end of each month.
We have been running the system on a redundant laptop solidly for 5 months with a net loss on a demo of £769.20 with starting capital of £5,000 so not a great return!
Hope this helps
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May 12, 2009, 21:42
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#4
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Newbie
Join Date: May 2009
Posts: 2
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My experience
I also tried FapTurbo and Autopiolet, both of them make small short term gains, but over a couple weeks basically blew out my small account. It does seem that most of the EAs you see on Clickbank or especially on Ebay basically don't work at all.
I'm currently trying out The Grid Bot ( http://www.thegridbot.com/ ). I guess it is some sort of grid trader using Chaos theory (whatever that means)? So far so good, I've been trading it since last Thursday (5/7/09) and my $1000 account is up about $300.
Only time will tell, but I like a 30% gain so far. I'm always looking for the set it and forget it Forex trader.
Tom
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Oct 16, 2009, 19:08
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#5
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Rookie
Join Date: Aug 2009
Posts: 44
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My wife and I have had good success with MegaDroid, along with testing Bling out. Bling hit a stop loss the last two days, so not sure about this...
I read somewhere that Bling = Shocker....anyone else notice this?
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Oct 24, 2009, 07:43
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#6
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Newbie
Join Date: Oct 2009
Location: Sydney, Australia
Posts: 2
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There are many, many ea's out there that just get churned out one after the other every week and marketed by the affiliate gurus.
The trick is to find those ea's that are being developed by people with passion and morality.
I think I've found a couple of those (actually 3 so far I believe) but the proof is in the live statements 
Cheers
Maree
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Oct 30, 2009, 17:53
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#7
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Rookie
Join Date: Aug 2009
Posts: 44
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maree,
Care to share which EAs you are using?
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Nov 3, 2009, 15:45
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#9
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Rookie
Join Date: Aug 2009
Posts: 44
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Thanks for pointing out that link....I will take a look.
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Nov 4, 2009, 12:20
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#10
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Newbie
Join Date: Oct 2009
Posts: 13
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hi
they can but i just cant trust them#
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