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#1 ⇑ Haut ⇑ 03-08-2011 07:18:58

Susan
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Please Help

I am new Trader, Technical Analysis and Fundamental Analysis seems very difficult, I often hear vibes for gold expert advisor, did some body try the gold expert advisor offered.  They claim their robot is very profitable and made 100% profit in 5 months. Pls. help




 

#2 ⇑ Haut ⇑ 26-08-2011 08:31:00

haniebale
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Re: Please Help

What does a Forex Robots or an automated trading program really do? It must first establish some rules for the trade which will be in the form of some technical indicators or price patterns as evaluated by the computer. Then it must apply these rules for profiting from market events, as signals are generated throughout the trading day, and into the future. What does the back testing prove? If the rules were applied in the past, the program would have registered profits. What must the program do? It must make profits for us in the future because historical profits may make us smile, but they will not add a penny in our pockets – unless we’re selling a Forex Robots.




 

#3 ⇑ Haut ⇑ 16-11-2011 10:57:11

smithmiester
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Re: Please Help

Same question as haniebale, I myself want to try things like this but I am afraid to take the risks.




 

#4 ⇑ Haut ⇑ 19-10-2012 15:54:22

F0r3xMaster
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Re: Please Help

Even one year is not enough to prove that an EA is good enough.
The market moves and some EAs are not adaptable to all marketing situations.




 

#5 ⇑ Haut ⇑ 11-09-2013 21:48:40

Max Rose
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Re: Please Help

No. don't do that.its really fake cause forex is a place of technique.what will happen after 5 minutes no one know that.so don't use any robot.just use stop loss and take profit




 

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