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Manual is best
Member Since Jul 19, 2020
318 posts
Dec 17, 2020 at 14:45
Member Since Apr 02, 2020
39 posts
'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.'
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
Member Since Jun 22, 2020
77 posts
robindude posted:Agreed. Self trading is best and can give you satisfaction when you make the profit and giving you better experience
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 Mar 17, 2021
536 posts
Member Since Jul 23, 2020
759 posts
Member Since Jul 23, 2020
869 posts
Member Since Mar 17, 2021
536 posts
Jan 06, 2022 at 17:57
Member Since Mar 17, 2021
536 posts
UweMoench posted:Copy trading can be dangerous for every new trader.
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.
Jan 14, 2022 at 07:11
Member Since Nov 23, 2021
34 posts
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.
Jan 20, 2022 at 20:20
Member Since Jan 30, 2020
21 posts
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.
Feb 16, 2022 at 08:02
Member Since Nov 02, 2021
73 posts
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.
Feb 23, 2022 at 04:48
Member Since Feb 20, 2021
78 posts
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.
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