Do your calculations before buying a bot?

Do your calculations before buying a bot?

Giugno 28, 2024 EA 0

Isn’t it astonishing that the most popular Expert Advisors (EAs) on the MT4 market are often the priciest, yet their live signals seldom exceed 20 weeks? This trend exists because these bots frequently fail to be profitable even in the short term, rapidly draining the accounts they’re used on. Despite costing hundreds or even thousands of dollars, people continue to purchase these underperforming EAs. Be cautious and don’t place your trust in experts who don’t have a well-established, long-term live signal!
My NextBot V1, for example, is working for 57 WEEKS on a real account, has grown by 106% on an account with an initial deposit of $500! It had a drawdown of 41%, but on a $500 account, that corresponds to about $200!
Take a look at this EA: https://www.mql5.com/en/market/product/113639
Do your calculations before buying a bot?