EA trading tips

Hey Guys,
I am new to the forex market and want to trade with robot.
Please write here your trading tips for EA trading.
Best regards,
FXBiting:33:

Well, my only trading tip about EA trading is do not trade using EA trading.

Go to baby pips school learn the basics before using an EA, This way, you should have the basic knowledge to help you make an informed choice.

In order to help you I’ll agree with the others answers and tell you that you should not waste any money or time for EA’s. It is a fact that 95% of automated trading systems end up failing; either losing a bunch or just barely staying alive. Trading with automated trading systems is not going to make you rich and more likely they will make you poor if you trade them in real accounts. It is estimated that 95% or more of the automated trading system will turn out to be unprofitable over time. That is an unfortunate fact.

At last we agree on something. EA’s = short cuts = loss of funds.