Sininfinity Posted May 9, 2017 Posted May 9, 2017 I am not use ea on my trades, using ea also will possible to make transaction if enabled live trading, and some trader that included as busy trader they using ea because no time to learning manually, and not all ea is bad work and to finding profitable robot also need practice using ea Busy traders should make time and trade at certain time. For busy traders swing trading is suitable because it does not require too much of their time and they can trade any way they want. EA is not the answer. Quote
arjumand Posted May 9, 2017 Posted May 9, 2017 Those who wishes to go automated in their trades should read the manual first because these EAs can require monitoring too during high volatile market. Quote
radex78 Posted May 9, 2017 Posted May 9, 2017 Those who wishes to go automated in their trades should read the manual first because these EAs can require monitoring too during high volatile market.Yes will better might turn of ea when time news high impact, except already set for long term trading these ea and having enough margin to withstand movement, using ea also not always giving profit on trading and sometime ea also can making margin call, for me still like manual trading now Quote
uncle gober Posted May 9, 2017 Posted May 9, 2017 Manage trading well and correct in my opinion more easily by doing manual trading with discipline on good money management. Fund management in forex trading is the main key in maintaining our balance when facing a bad situation in the forex market Quote
radex78 Posted June 2, 2017 Posted June 2, 2017 Manage trading well and correct in my opinion more easily by doing manual trading with discipline on good money management. Fund management in forex trading is the main key in maintaining our balance when facing a bad situation in the forex marketMight some trader that already on desperation then using ea and relying with ea performance, I see some trader like to making backtest ea and choose that according experience giving profitable ea, but indeed learn manually also can drive when trader decided using ea because sometime ea can't work properly and they can cut loss manually Quote
uncle gober Posted June 2, 2017 Posted June 2, 2017 Whereas the management of good and correct trading in my opinion easier with manual trading with discipline on good money management. Fund management in forex trading is important in maintaining our trading activities when facing a bad situation in the forex market Quote
pepy Posted June 2, 2017 Posted June 2, 2017 It would be good if we could be wise when we use EA for trading, the chance of losing with using EA is pretty big and also if you don't learn how to control your emotions you will ended up losing more, and since it is uncontrollable to some sense we need extra care. Use EA when the market is not so volatile but still have some movement. Quote
radex78 Posted June 3, 2017 Posted June 3, 2017 Might there are certain trader that still relying use ea on trading, but finding profitable ea is not easy too, often I am hear statement from trader that prefer using ea most ea fail eventually and get margin call account, I think if we can learn manually hence we will get easiness to understand and learn to manage the risk first before imagine easy earning Quote
uncle gober Posted June 14, 2017 Posted June 14, 2017 If in my opinion manage trading well and true more easily by doing manual trading with discipline on good money management. Fund management in forex trading is the main key in maintaining the trading activities we have when facing a bad situation in the forex market Quote
radex78 Posted June 14, 2017 Posted June 14, 2017 Might there are many kinds of type trader, there are trader that prefer learn using ea, and usually they will looking ea and test ea one by one to get that giving them profitable ea, but there are trader that like using manual trading and also will learn how to manage the risk and increasing profit with always making evaluation trades Quote
myregister Posted June 16, 2017 Posted June 16, 2017 When you are using Expert Advisor, we must use it carefully considering that its automatic nature which make it unreliable at some time. It is good thing to try the newest/cool/easier way to trade, and as long as you have experience to deal with it i don't think there would be so much problem when you are into EA. Quote
pepy Posted June 21, 2017 Posted June 21, 2017 When you are using Expert Advisor, we must use it carefully considering that its automatic nature which make it unreliable at some time. It is good thing to try the newest/cool/easier way to trade, and as long as you have experience to deal with it i don't think there would be so much problem when you are into EA. That is what expert advisor lack of, but machine learning is evolved since the day one it introduced to the public. People right now try to make a better model of forex robot. Mostly forex robot works well and even under automation which makes it more responsive and also profitable also able to react to more situation, but still human made robot lacks of something. Quote
myregister Posted June 23, 2017 Posted June 23, 2017 But that is automatic i mean that you lack of control there, i know machine learning will getting better as the times goes on but it doesn't change the fact that the automation is exist where you will lost the control of your trading where you will be replaced by artificial intelligence. So you must think carefully when you choose this option since the risk is bigger. Quote
raniya Posted July 2, 2017 Posted July 2, 2017 Im still trading manually in FXB. Because I also don't know how to set EA for trading. Beside that we also need to rent VPS to make our EA keep running although our PC is off. But each trader has won reason why choose manual or automatic for trading Quote
Sininfinity Posted June 6, 2018 Posted June 6, 2018 It would be good if we could be wise when we use EA for trading, the chance of losing with using EA is pretty big and also if you don't learn how to control your emotions you will ended up losing more, and since it is uncontrollable to some sense we need extra care. Use EA when the market is not so volatile but still have some movement. Well many people think of robots as a way to avoid emotions. For some it may work but in most cases robots may not work and it should be taken in to account. One more thing, I am biased towards manual trading. Quote
moneyrig Posted December 26, 2018 Posted December 26, 2018 Yes, i traded with an EA once upon a time and it went so well. I installed it on Mt4, which was a perfect broker for the EA at the time. But I discontinued when it stopped making profit due to changes in market condition. Quote
Sininfinity Posted January 3, 2019 Posted January 3, 2019 That is the problem with expert advisors. They work under certain market conditions and fails in others. That is why I do not trust expert advisors and rely on my own judgements. Quote
marin71 Posted January 3, 2019 Posted January 3, 2019 I have tried myself trading with an EA in the past. In demo mode it worked very good but when I switched to real money it all went down. Quote
Greys0n Posted January 25, 2019 Posted January 25, 2019 It persist there you only lose a control over your trading, not all but most. Quote
bigxy Posted January 27, 2019 Posted January 27, 2019 Most of the EAs are designed to follow technical analysis so they might require monitoring during the high volatile markets. Quote
Sininfinity Posted January 29, 2019 Posted January 29, 2019 Well there people who use filters so when market gets volatile, the EA stops executing trades. But overall I disapprove robots. Quote
anton.blood Posted January 31, 2019 Posted January 31, 2019 Yes, I use the EA when trading. but the results were not always satisfactory. is there anything wrong with me? Quote
robert.miner Posted February 1, 2019 Posted February 1, 2019 A Forex EA is used to automatically generate trading signals on the forex trader's behalf. Quote
Namu Posted March 21, 2019 Posted March 21, 2019 using EA facilities must indeed be able to choose correctly, because there is an EA which results are not satisfactory. already a large deposit but the results are not as promised. because if you use another broker like Weltrade you have to have a large deposit also Quote
Namu Posted March 25, 2019 Posted March 25, 2019 in trading we should be able to mature with our skills and trading skills, and with that skill and ability mature, but with the services available at my broker, now I can choose EA trading according to our strategy Quote
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