What is a commercial EA? It is one that you have to pay to use it, whether a one-time fee or by subscription. So which are the ones that one should go for? Well, there is a fourm you can go check out on Facebook Finding the Best Forex Expert Advisors. These people spent their time experimenting with different EAs, and many are with live accounts. So if you need a good gauge of an EA’s performance, then hear from the ground.
The truth about forex is – you can’t predict the future. You can only guess with certainty based on patterns, technical analysis, fundamentals, news, etc.
Have you ever heard someone said – if I sell, I got stopped out and should have long. But if you long, the same happens and you still get stopped out.
What am I getting into. The market does not wait to be predicted. There are many EAs with different strategies. If you lose money it is easy to blame the EA you have just bought. If you win, you think everything is fine and continue until your equity starts to ebb. Every commercial EA get to be called “spam” because either they are really spam or did not meet your profit making criteria when used at that point in time. Almost every EA you read in the forum has followers and non-followers.
Some EAs are expensive, some are cheap. Does a more expensive EA brings better performance?
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