Pip Cop - Forex Robot Reviews - View Single Post - WARNING: When should I buy a robot and run it on a live account?

fxtrader523 · 2009-11-25, 02:58 AM

Hello. My name is Mike (aka fxtrader523). Im new to EAs and have no confidence with these "bots" (especially their ads) not until I began reading reviews about them. I started to get curious then. Thanks to ForexPeaceArmy and now PipCop. I started to learn trading over a year ago (still trying to learn the hard way till now) and have lost more than $2600 already. I have heard all the hype of EAs and all the possible frustrations it can bring to anybody. I also have realized how difficult it can be to trade with real money (thanks to Mr. Mark Douglas and Dr Alexander Elder). This might be the reason why I am reading EA reviews right now.

I deffinitely would like to try one one day. Thanks to the Authors of this review site.

I have questions. Why do we get different data feed from the same broker? Are thier really brokers who trade against thier clients? How do I know if I am being cheated or being traded against by my broker?

Thank you.

2009-11-25, 02:58 AM	#3 (permalink)
fxtrader523 New user Trader for 0 - 1 year Location: Philippines Posts: 4	Hello. My name is Mike (aka fxtrader523). Im new to EAs and have no confidence with these "bots" (especially their ads) not until I began reading reviews about them. I started to get curious then. Thanks to ForexPeaceArmy and now PipCop. I started to learn trading over a year ago (still trying to learn the hard way till now) and have lost more than $2600 already. I have heard all the hype of EAs and all the possible frustrations it can bring to anybody. I also have realized how difficult it can be to trade with real money (thanks to Mr. Mark Douglas and Dr Alexander Elder). This might be the reason why I am reading EA reviews right now. I deffinitely would like to try one one day. Thanks to the Authors of this review site. I have questions. Why do we get different data feed from the same broker? Are thier really brokers who trade against thier clients? How do I know if I am being cheated or being traded against by my broker? Thank you.