Trading bot

[Christina Ledger]

whats the best site for EA/bots? i honestly never really know where to start?

FPA Forums Team Note: Anyone recommending commercial products in Beginners Bootcamp will be fed to Spam Cat. If you want to check out some EAs, start in the software section of the FPA's reviews.

 

[JayJones]

You need to understand Forex to understand the risks of an EA before jumping in to one!

Please explain

 

[CRPA9]

EAS can be good but I find they have a lot of drawdown.

 

[sebking1986]

I use an EA and found it a good way to get into trading. Of course the more you learn and can trade manually the more powerfult the tool becomes. Psychologically a completely different beast to manual trading though in my opinion

 

[pezz55]

I love a good EA but would not put my savings on one has to be a small side pot as i dont know many that run long term

 

[CRPA9]

I love a good EA but would not put my savings on one has to be a small side pot as i dont know many that run long term

Yeah most bust out.

 

[pezz55]

Yeah most bust out.

but can be a great earner just important you still need to manage them

 

[momo3HC]

Yeah most bust out.

As i saw even the good ones can fail from nowhere.

 

[JohnnyJoe]

Demo them first and remove your initial investment then it's all profit