The use of robots in trading is a very good solution. But provided that it contains a profitable algorithm, and the programmer has done his work qualitatively. The problem is that it is often difficult for a trader to understand how trustworthy a seller can be. Buying a Forex Expert Advisor is easy. But it can happen that the money will be spent without any use for trading. And if you consider the fact that some robots are not cheap, the loss of money can be very significant. In order to help you reduce the risks associated with purchasing an EA, I want to give you some recommendations in this article. I hope you find them useful.
What to pay attention to when buying an EA
This is where we need to start,
What type of trading should be implemented in the Expert Advisor according to personal
preferences and the size of the deposit. Why does it matter? The thing is, it’s a sale
a lot of advisors working on the Martingale method. It allows you to quickly
earn a large amount of money, but can also quickly reset your trading account. В
during the Martingale trading process, several orders are opened, in which case
their volume can grow. Therefore, to use such a robot in trade
it is necessary to have a sufficiently large amount of money on deposit. If you’re not
you like to trade with a high degree of risk, then the acquisition of robots like this
like you’d better give up right away.Before buy a Forex Expert Advisor, you should talk
with the salesman and ask what algorithm is in the program. It’s clear that
It will not provide you with detailed information, as the robot is designed to
sales. But the seller can introduce you to the basic terms of trade. Woah…
anyway, honest authors of Expert Advisors do this.Don’t pay attention to
the robot’s trading reports. They can be painted by fitting
history. Ideally, an Expert Advisor for sale should work for
a trading account. And any buyer can get an investor password from the seller
and see how well the product meets the stated specifications. If… if…
there is no such possibility, it’s better to look for another seller.If the seller promises
Earnings from the robot’s work at a rate of 40-50 per cent or more per month, this may include
to talk about high-risk trading. Either you’re dealing with a crook. The real monthly income can be
is 10-20 percent.And finally,
Ask if there are any online reviews of a particular EA vendor.
Maybe they’ll help you make the right decision. But you have to understand that
some of them (especially the praise ones) can be written by the seller himself.For to buy a Forex Expert Advisor and not to be disappointed in the purchase, you should try to get maximum information about the robot and its seller.Fyodorov’s Inga15.05.2019