uncle gober Posted September 8, 2016 Share Posted September 8, 2016 impose trading with the condition being emotional is just going to make the trading process was messy and will not be out of control, perhaps even when imposing trading with emotion, our trading account can be exposed to a margin call Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 8, 2016 Share Posted September 8, 2016 using tested EA , in doing forex trading will be easier and for which we must prepare all aspects to be more comfortable in trading I have seen so many trader although they using ea, but still need manual monitoring, it can possible if ea can't work properly and might will endanger account hence as trader they can making manual cut loss, because not always as robot also work well following trend market, but will good if ea also using risk management Quote Link to comment Share on other sites More sharing options...
pepy Posted September 8, 2016 Share Posted September 8, 2016 I don't use EA anymore for some months in real trading but in demo trading i still use it just for the sake of curiosity, that is all. EA is useful but i don't really trust it, even that big bankers offer their own tailor made expert advisor and i have big amount of money maybe i will just take around 5-10% of my capital equity and invest that in expert advisor. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted September 9, 2016 Share Posted September 9, 2016 I started by using ea but I left after I learned Price action was more useful Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 9, 2016 Share Posted September 9, 2016 Agree, but don't take a backtest as a guarantee that the EA will work the same result in the future test.Yes indeed, result on backtest using demo account might different with forward test on real account, because as we know trend market always move very dynamic and not in same pattern daily, but with backtest in demo account at least as user also will understand how much lot size that used or robot work based on risk management or not Quote Link to comment Share on other sites More sharing options...
uncle gober Posted October 12, 2016 Share Posted October 12, 2016 we should be able to trade well and not to take advantage of luck continuously because it is very risky to do, the important thing we have to be patient in doing determining support and resistance trading market on account TICKMILL Quote Link to comment Share on other sites More sharing options...
gaban Posted October 12, 2016 Author Share Posted October 12, 2016 I personally don't have time for trading, but whenever I find time I use an EA mrboss EA on FreshForex. Though it may not work all the time, when ut does work, you get alot to earn! Quote Link to comment Share on other sites More sharing options...
novarisa Posted October 17, 2016 Share Posted October 17, 2016 EA is good during clear signal is available usually when after economic data provided nice data and that is when a forex robot work, usually i turn it around one hour before such news Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 26, 2016 Share Posted October 26, 2016 Still manual trading for now, if likely using ea for me only if having intention and because need using vps while so far still not yet hire vps to running ea, manual trading for me still can for learning with always put stop loss and target profit in every trades, using ea also not guarantee will obtained profit because market forex very dynamic and not like as math science Quote Link to comment Share on other sites More sharing options...
novarisa Posted October 31, 2016 Share Posted October 31, 2016 There was once time i use EA and that is one of the best experience i got, especially when it ended up with a profit. I recommend newbie to use EA at least once but still with limitation of the risk Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 2, 2016 Share Posted November 2, 2016 but in the end it's better for a trader is able mengandalkankan trading capabilities of its own. because by relying on its own trading skills, not just the profit or loss will be in the can, but the trader will gain the experience that will greatly affect the success of the trader, in the world of forex trading. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 2, 2016 Share Posted November 2, 2016 I am often trade manually, although on my hardisk there are some kinds ea that having different style maybe but manual trading still making comfortable, but I am also trying use ea on another account and I see result that obtained sometime also fail and endanger account so I am also manual monitoring at sometime trend against ea order hence wil cut loss manually Quote Link to comment Share on other sites More sharing options...
gaban Posted November 4, 2016 Author Share Posted November 4, 2016 Trading using EA very enjoyable. We can trade with ease and simple. Right now, a lot of traders who trade using EA. However, EA also has weaknesses. EA will stop running if your computer has the problem. Eg lisitrik dead. For that, we need a VPS so that EA could walk. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 5, 2016 Share Posted November 5, 2016 Indeed using ea as trader just need to waiting ea working for them and they can using vps to running ea full time, but as trader also need to backtest ea and also must ready if ea might not work on certain market condition like as when news high impact, and better know how ea work, or they can manual monitoring if likely ea harmful account they can cut loss manually Quote Link to comment Share on other sites More sharing options...
novarisa Posted November 7, 2016 Share Posted November 7, 2016 I'm not using EA to trade but hopefully and doing very well with my tra sometime i feel that its the only the lazy people that make use of EA so all this have this capacity value just like i have said Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 7, 2016 Share Posted November 7, 2016 I'm not using EA to trade but hopefully and doing very well with my tra sometime i feel that its the only the lazy people that make use of EA so all this have this capacity value just like i have saidI think in forex business also there are type as investor trader which might they don't having time to trade manually because busy and also not wrong if they then trying to seeking ea that might as profitable, and they can running ea using vps and still can doing all business beside forex, but of course backtest ea also important Quote Link to comment Share on other sites More sharing options...
gaban Posted November 8, 2016 Author Share Posted November 8, 2016 Although we use in trading forex ea, but we must be able to control what we are doing trading amid a bustle of our work on our other businesses. In addition to trading forex ea is not only for make trades automatically, we can use the copy trade facility also in trading forex. Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 9, 2016 Share Posted November 9, 2016 Although we use in trading forex ea, but we must be able to control what we are doing trading amid a bustle of our work on our other businesses. In addition to trading forex ea is not only for make trades automatically, we can use the copy trade facility also in trading forex.Yes indeed there are several way to take benefit from service on broker like as using copy trades or joined on pamm as investor if any trader might they don't having time to trade alone, but as investor also need understand with risk in forex, and as investor also need making effort and make research before investing their money Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 10, 2016 Share Posted November 10, 2016 broker itself is a supporting factor that influence the success of a trader, then the selection of a broker for a trader is very important. use a copy of the trade or join in the PAMM if we can manage properly it can generate maximum profit, but the risk of PAMM usage is also very large. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted November 11, 2016 Share Posted November 11, 2016 I am against EAs which trades on behalf of a trader. It works under certain market conditions but not all and so in the long run it is bound to fail. Quote Link to comment Share on other sites More sharing options...
anjfire Posted November 11, 2016 Share Posted November 11, 2016 No, I'm trading with my hands Quote Link to comment Share on other sites More sharing options...
gaban Posted November 11, 2016 Author Share Posted November 11, 2016 Trading using EA basically very helpful in our trading. By using the EA trading then our trading much simpler. But we must be careful in choosing the robot. Nowadays, many robots are a scam. And for beginners better trade manually because we can train our trading skills Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 12, 2016 Share Posted November 12, 2016 Trading using EA basically very helpful in our trading. By using the EA trading then our trading much simpler. But we must be careful in choosing the robot. Nowadays, many robots are a scam. And for beginners better trade manually because we can train our trading skills This is one side on robot that many robot only causing failure eventually, and using robot will better as trader also understand how these robot work, so they can turn off robot if likely the market very high volatile and robot can't work properly on these condition like as on time when news high impact Quote Link to comment Share on other sites More sharing options...
gaban Posted November 14, 2016 Author Share Posted November 14, 2016 because when we use the EA, we're not going to get some trading experience, but many traders use EA because it can facilitate the work of trading in order to make a profit, it is also good EA that are tested. Quote Link to comment Share on other sites More sharing options...
Jimmy Cook Posted November 27, 2016 Share Posted November 27, 2016 We have to be very careful with EA because there are too many which are not good enough, so need to be very careful with how we go about it. I believe there are better options out there and can be handful too. One of such option for me is with TradeWiseFX and that’s with their Myfxbook Autotrade feature, it’s stunning to say the least! I just love it for every way! Quote Link to comment Share on other sites More sharing options...
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