Do copier EA's work?

[Inequivalent]

Hi I'm new to forex trading.

I am currently using one copier and so far its working good with about 10 trades in a row positive.

I now see another EA copier - sphantom results look very good for about 3 months live trading which can be verified, and backtrack of a year is very good also. But is 3 months trading record too short of a time to assess if the EA copier will be reliable?

Thanks!

 

[Pharaoh]

There are 2 reasons a lot of EAs use trade copiers.

1. For some, backtests would reveal that it's doomed from the start. With a tradecopier, you can't backtest.
2. There are a lot of pirates out there selling hacked copies of EAs. With a tradecopier, the logic of the EA can be decompiled.

A drawback to trade copiers is that there could be some lag in getting the trade order to your platform.