Free EA effectiveness

[alexredcliff]

Who could tell me where I can find a rating of free robots? I did a google search and I could not find any. I tried and so far have only found one by Rita Lasker but with $1,000 deposit the profits are only $40-60 per day . I am wondering if all free robots are the same a large deposit and not much profit? Is there something better?

 

[shadowninja]

Why should it be? Depends entirely on the reasons for entry and exit, the size of risk, the target size, the risk as a proportion of the account size, surely.

 

[alexredcliff]

So you want to say that it's useless to search anything better among free robots?

 

[pboyles]

Who could tell me where I can find a rating of free robots? I did a google search and I could not find any. I tried and so far have only found one by Rita Lasker but with $1,000 deposit the profits are only $40-60 per day . I am wondering if all free robots are the same a large deposit and not much profit? Is there something better?

The Collective C2 website http://www.collective2.com/ monitors automated systems.

If you think you can get a free EA that makes $40 to $60 a day on a $1000 account you are in dreamworld, thats 100% a month..and you think thats a 'large deposit and not much profit'?

If you look at some of those systems on C2 you'll see that even the ones that show a good profit on paper dont work anywhere near as well in the real world.

 

[alexredcliff]

Well, possibly. Still, thanks.

 

[shadowninja]

So you want to say that it's useless to search anything better among free robots?

Er... not at all. Each needs to be judged on its own merit as to its profitability. In any case, 5% per day isn't bad is it?

 

[alexredcliff]

Er... not at all. Each needs to be judged on its own merit as to its profitability. In any case, 5% per day isn't bad is it?

Yes, for the beginning trader - it is really ok

 

[who_am_i]

Thanks for the info about the C2 website...I had never heard of it before. Nice to know it is there.

 

[pboyles]

www.zulutrade.com does something similar, however you really need to look into the systems, they are nowhere near as good as they look.

 

[lbranjord]

Yes, for the beginning trader - it is really ok

5% per day is suweeeeeeeeeet

 

[wackypete2]

try here: www.forexpeacearmy.com

Peter

 

[Ristoril]

try here: Free Forex Trading Community With Forex Signals And Broker Reviews

Peter

PCINDIA - a forex trading system on Collective2

this one is 96% win ratio....

but ..*giggles*