Many EA promoted by Forex brokers can guarantee the interests of customers. Is this promotion method correct?
CrackedMic
Miembro desde Jul 05, 2019
posts 12
Jul 15 2019 at 11:25
There are no guarantees with any EAs. Most will fail in the end
That is totally correct, cause most of the time you can have some expert advisor programming work for you forever or something like that really. So I do not see any results anyway from them after month or so. You should do your own way and do not take advices how to trade from broker.
CrackedMic posted:
There are no guarantees with any EAs. Most will fail in the end
That’s the reality! Maybe only few EA developers can make money here! But in a long run, with a trading EA only it’s quite difficult!
vontogr
(togr)
Miembro desde Feb 22, 2011
posts 4862
Jul 24 2019 at 07:51
Ammy2323 posted:
Many EA promoted by Forex brokers can guarantee the interests of customers. Is this promotion method correct?
EA is a program. Such program can be written by almost anybody. It does not guarantee anything.
Look for long term account results instead. If you see trading account with stable results for years there is higher probability it will work in future.
Guarantees are worthless all they mean is that if you do not get what is promised then you will get a refund. Say you Buy an EA for $100 and lose $10,000 using it, the EA developer will not give you $10,000 back, at most you will get $100
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