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Old 2009-02-21, 01:31 PM   #1 (permalink)
PipCop
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My Trading Journal

Default FAQ: Which robot is best?

People often ask me "Which Forex robot is the best?" Obviously, you need to decide for yourself.

There are many robots under review, and many have good results. However, there are also many that crash after a few days, weeks, or months. Therefore, you should at least follow the reviews for a few weeks, if not months, and see if a robot seems to be working.

If you do decide to go live, you should only do so with a tiny account. Personally, I won't risk more than $250 on a new robot on a live account. I expect to lose all my money when I go live with a robot, and you should too, until you have the settings right and are sure it is working well for you. Once you have gone live and have figured out all the settings, and everything has been successful for at least 3 months (or more!) then you can add more money.

So, bottom line? Do your homework and be careful!
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