If you are interested in low risk EA's you might be interested in our test results, as we are testing MIDAS on new settings to double a small deposit ($500) and reduce risk considerably in a short time frame. You can see current live tests by searching for Low Deposit Doubler.

cheers

CerberusFX posted:
    Robots DON'T work !!! Unless YOU UNDERSTAND the system and methodology yourself !!!

Save your money and LEARN how to trade


Depends on the Robot. (I'm quite happy with mine )

Hi Guys,

Thanks for the input. Obviously your records speak for themselves

You are both experienced traders, but this article is regarding new traders who don't yet understand the market or how to trade. I don't think it is fair to them to say they can buy a robot to make them rich!!! and not everyone is a programmer or thinks like one (very technical and logical minds).

By the way, in order for a robot to be sucessful it actualy has to make money. Live accounts speak the truth

Ever wonder why demo accounts always make more???

I have tried many systems mostly free, but some paid. I am happiest with the one I will discuss. I am still waiting for my links to activate to show results here. I demo traded it for a long time before using real money. I only ever lost money when my coputer accidentally shut off. Since I have gotten a vps it has been great. I do intervene if I do not agree with the direction it chooses. I also will use it on other timeframes and currencies than the origionating site says. I prefer to trade currencies that are at a low point. I believe it reduces potential down turn. I also recommend more conservative settings. I made it through the recent chaos due to being more conservative. I will manually trade on retracements if sytem goes too far in the wrong direction, but overall most of the profit is from the system. I started two accounts with about 700.00 each, one on March 11th 2010 and one on March 26th 2010. You can find more information below. The brokerage gives a 30% bonus so each account had around 900.00 to start with. Each account is currently over 2100.00, and in one of the accounts I withdrew 400.00.

      You can get the expert advisor free demo and use it on any broker. The provide a free professional version for live accounts, but only available on two brokerages. I am hoping to make enough money to have my own EA built that works on any broker and is designed for smaller account balances.

Don't blame all robot because of one robot only.It depends.Choose the better one lor.Don't simply use without testing first.