Is it just me or do all these free Expert adviser’s you get on the internet just kinda lose a lot of money? I mean they are always talking a big game but really they just lose a lot of money. Thank god I try everything on a DEMO account first. Has anyone really had good success with any adviser I mean I am not looking to make millions but maybe a few extra hundred bucks a week.
“hundred bucks a week” is 200% growth for 50 usd deposit, or 0.1% growth for 10000 usd deposit - use percents to measure growth
Yes, I think 90% of the expert advisors aren’t based on profitable technical analysis, instead on martingale or other betting system that hides the actual risk - the ea will fail eventually. These eas are usually cheap, more visible and more accessible than really profitable, professional-made eas. I still think consistent profits CAN BE MADE with automated system.
Actually I am currently live-testing my own ea, I will share the results after some weeks…