Can you become millionaire through expert advisors?

As long as it developed like you trade manual, with wise MM, no martingale system been used and accept the losses, it may realise your target.

Anayallador posted:
You just have to really look at things, if you have large capital - then why not, out of 500 thousand dollars to make a million is not so difficult. Out of a thousand dollars, it's debt and hard work. So yes, it's possible...

I agree with you that start-up capital is very important.But I haven't really met working robots yet. All I saw were beautiful programs designed to make you lose your money with a 100% probability .

Yes. If you're already a billionaire!
This is story of most of commercial EAs,

No, you shouldn't rely on any strategy out there for all your needs entirely and absolutely anyway so let's move on a bit with all that clearly. I would only do some small trade then make some long trades like all experts advise to do there.

No matter how they help you, they advise you if you don't make an effort, nothing will work

I prefer manual trading more than robot trading. I believe that using your mind is the most effective way to earn money from this market.

Sagarmatha posted:
I think that if you find the right EA then you can be millionaire but it will be tough to make it

i think that would happen only if you make the EA and sell it on lol

Single EA does not work well with all the instruments and in all the market conditions. Definitely EAs gives a high possibilty of profits but only when used correctly ans wisely

Yes, it is possible. But you need to have basic knowledge and dedication to earn money. Most of the traders start this business as a time pass. You need to be very serious to make a good career in this platform.

It may not make you a millionaire, but you can certainly make a reasonable profit and even a living out of forex.

You need to put your own efforts and much time into becoming super rich. Forex trading is not an easy path, it is full of risks and complexities. It’s better to not rely on EAs and do manual trading.

if Good EA would make u millionaire. then no one in this world will be poor. EA are a trap.😀

Yep, of course, you can become a millionaire through expert advisors by selling it to the novices people.
Also, open a training institute and teach people how to be a millionaire by using your EA.
That's the only way... 😉

100% - yes it can,
but with 99% probability - it will not

depends on how much you deposit. it is gonna take time to be a millionaire if you start with a couple of thousand dollars.

It is possible only if you have sufficient skills and knowledge. It will also depend upon the right EA, as well as how much you are willing to invest.

Yes. It is possible if you have enough knowledge and skills on trading. Otherwise you can not survive in this risky and volatile market.

Yes, you can. You will also have to sell the EA in order to earn money from it.

You need to make a good and profitable trading plan to become millionaire in the forex market.