Manual is best

May 11, 2011 at 07:02
4,555 Views
37 Replies
Member Since Jul 19, 2020   318 posts
Dec 03, 2020 at 12:30
Yes. Manual trading is the best option to make money form this market.
Member Since Dec 11, 2020   110 posts
Dec 16, 2020 at 09:30
I never liked EAs, although my broker is offering such if interested. I do enjoy manual trading where I can allow to express myself in term of trading for the profits, lot size, and many more.
Member Since Jun 01, 2020   55 posts
Dec 16, 2020 at 09:45
Agreed! For me too, manual trading is better, still it can vary from trader to trader.
Member Since Apr 02, 2020   39 posts
Dec 17, 2020 at 14:45
'I consider manual trading because all my losses will be mine. I currently trade with short positions with the smallest lot size to minimize risk.

Though I can't, make a lot of money I will at least not lose everything if something goes wrong.'
Member Since Jun 22, 2020   77 posts
Dec 18, 2020 at 11:57
robindude posted:
I never liked EAs, although my broker is offering such if interested. I do enjoy manual trading where I can allow to express myself in term of trading for the profits, lot size, and many more.
Agreed. Self trading is best and can give you satisfaction when you make the profit and giving you better experience
Member Since Nov 26, 2020   30 posts
Feb 05, 2021 at 08:22
Automatic trading has its advantages, but manual trading also prevails with these advantages, because there is an opportunity at any time to navigate and control trading independently.
Member Since Dec 03, 2020   20 posts
Feb 08, 2021 at 06:37
You can either trade manually or go for automated trading. It is your decision in the end and you can also try both and see what suits you better. Good luck to you.
Member Since Nov 19, 2020   104 posts
Feb 10, 2021 at 05:57
How many traders here are only into automated trading?
Member Since Jul 19, 2020   751 posts
Oct 01, 2021 at 13:34
Yes manual trading is best. You can't trust on robot as market doesnt follow same pattern. To learn trading there is no alternative to manual trading.
Member Since Mar 17, 2021   536 posts
Oct 03, 2021 at 05:18
Joz8 posted:
How many traders here are only into automated trading?
I prefer manual trading.
Member Since Jul 23, 2020   759 posts
Nov 11, 2021 at 13:08
Unlike auto, trading manual traders have a flexible approach to setting Stop Loss and Take Profit orders and the possibility of trading regardless of the market situation.
Member Since Jul 23, 2020   869 posts
Nov 11, 2021 at 15:05
Traders can control the opening and closing of each order and Clear control over the change of the market situation.
Member Since Jul 19, 2020   751 posts
Dec 31, 2021 at 22:40
I don’t prefer copy trading to a new Forex trader! Because, it’s not anything like the permanent solution, for me manual trading is much better than automatic trading services! So, new traders should concentrate on the demo.
Member Since Mar 17, 2021   536 posts
Jan 06, 2022 at 17:57
UweMoench posted:
I don’t prefer copy trading to a new Forex trader! Because, it’s not anything like the permanent solution, for me manual trading is much better than automatic trading services! So, new traders should concentrate on the demo.
Copy trading can be dangerous for every new trader.
Member Since Nov 23, 2021   34 posts
Jan 14, 2022 at 07:11
Automated trading is useful for those traders whose goal is to take a maximum number of trades such as scalpers. However, for an average trader with goals to take few but good trades, manual trading is best. When you get signals for so many opportunities, there's a constant feeling of missing out on big opportunities which may not be good for your trading psychology. With manual trading, there's no such thing and you can efficiently focus on the trades you take without thinking about those you missed.
Member Since Jan 30, 2020   21 posts
Jan 20, 2022 at 20:20
I believe that manual trading is better, because only you control all the process when you're fond of manual trading. However, we shouldn't forget that some automated things also might be quite useful for you. The main difficulty in my opinion is that it's kinda hard to find a good automated tool for trading. Well, it's possible, but it's just a waste of time. You have to devote time to exploring, testing and so on. While this time you can devote to the development of your personal skills and knowledge. Here everything depends on what type of a trader you are, lazy ones always try to find something that will ease trading for them.
Member Since Nov 02, 2021   73 posts
Feb 16, 2022 at 08:02
I use EA’s and they are profitable. No doubt that there are some drawbacks like it only works within a certain range that we set before integrating it with our platform. I change the setting according to conditions in the market to make it effective.
Member Since Feb 20, 2021   78 posts
Feb 23, 2022 at 04:48
I agree that manual trading makes you the master of your trades. But you can’t keep up with the market competition when you know there are traders who are using bots that are getting profits even if the market is moving way too rapidly.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.