subject: Expert Advisors Reviews Help Me! [print this page] It can be very helpful to look at expert advisor review websites when you are considering buying one of these automated forex trading systems. If you are successful in finding and installing a good expert advisor, you can make a lot of money on autopilot, but it's not easy.
If you do not set it up right, or if you pick a bad one or just hit a bad point in the market, it can simply lose money for you. Of course you can avoid that to a large extent by using a demo account until you are sure that the robot is profitable. Most expert advisors come with a 2 month guarantee so you can test it out in demo for that time and get a refund if it does not prove profitable for you. So reviews can help you pick your way through the huge choice of EAs that you will find from a brief search.
One difficulty with expert advisor review websites is that some reviews do not tell you anything about the product that is not already on the developer's website. In other words, instead of doing their own review, these site owners have just taken some facts and copied out. They will probably say nothing negative about the robot and the page may read more like a sales letter than a genuine review.
A real expert advisor review should give you some indication of how suitable the robot is for beginners, how easy it is to install, and perhaps some hints and tips on getting the most out of it. This type of information can be very helpful. Sometimes, even if there were things that the reviewer did not like about the robot, you might want to go ahead because those negative points would not apply to you. Other times this kind of article can help you choose between several robots that might be reviewed side by side.
Another point to look for in an expert advisor review is the trading style. Some robots use a scalping system that will make many small trades in a short time. Others will open fewer trades, but leave them running longer. Both methods can be equally profitable but some people are more comfortable with one than the other.
Read between the lines a little bit to work out some of these points. You will be in a much better position to assess which is the best EA for you if you keep these tips in mind any time that you are reading an expert advisor review.
Expert Advisors Reviews Help Me!
By: Denis Marsili
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