Forex Robots for personal trading

[XJSJohn]

I have been doing some reading into the black art of using a forex robot for personal forext trading as a scalper and am interested in anyone here's experiences and anecdotes and even if they work?!

I was thinking (after doing the research, doing some runs with test accounts etc) of setting one up with a few hundred euro's in the account and just leave it scalping on a virtual server for a month on metatrader.

i have access to scripting and debugging knowledge, virtual servers and a micro trading account so in those immortal words, what could go wrong!

[isee]

I found that when it comes to betting or trading bots available for average retail investors to buy are very similar to training courses promising you great weekly income for a one-time purchase fee of $49.99 (but wait, there is more!). They are both available for sale once they stop working.

[maxxy5]

I've never bought one. What's the system? If you're programming it yourself, or it's a semi-automated system with signals that you act on yourself, and you find it interesting, then why not.

I would backtest it, perhaps using software like forextester or something before using real money, (maybe you can do this within metatrader?). I would want to know what kind of drawdown I can expect, otherwise you may go insane watching your account drop!

Personally I doubt that a fully automated turnkey system available to the average trader would be worth the bother. It could very easily stop working when the market changes. It would also be very boring!