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EAs do not work for me! Its much better to do manual trades.

FERMONZOR (FERMONZOR)
Dec 11 2014 at 21:21
135 posts
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs


REally outstanding results dude, but not so good with a drawdown of 70% 😭

THIS IS A MARATHON, NOT A SPRINT.
ForexAssistant (ForexAssistant)
Dec 11 2014 at 21:42
465 posts
'Oh Bob, i know that money does grow on trees, thanks for your perspective'

Hello MomaForex, I had hoped that you and everyone else would get a chuckle from the play on words. 😀

Bob

where research touches lives.
ForexAssistant (ForexAssistant)
Dec 11 2014 at 21:58
465 posts
Yet to see an EA that has worked well consistently for several years at a stretch smiley I wish such an EA exists....I would put it on autopilot and just withdraw the profits!'

OK, well that ones easy,

https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913

https://www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841

Bob

where research touches lives.
expert2trade
Dec 11 2014 at 22:04
37 posts
FERMONZOR posted:
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs


REally outstanding results dude, but not so good with a drawdown of 70% 😭


Couldnt help the drawdown, especially with such volatile times since last 2-3 weeks 😄

Yes! with the right skill....its possible to make 40% a day in Forex.
FERMONZOR (FERMONZOR)
Dec 11 2014 at 22:09
135 posts
ForexAssistant posted:
'Oh Bob, i know that money does grow on trees, thanks for your perspective'

Hello MomaForex, I had hoped that you and everyone else would get a chuckle from the play on words. 😀

Bob



LOL you are right Bob! 😀

THIS IS A MARATHON, NOT A SPRINT.
FERMONZOR (FERMONZOR)
Dec 11 2014 at 22:12
135 posts
expert2trade posted:
FERMONZOR posted:
expert2trade posted:
For those interested, they can check my manual trades on https://www.myfxbook.com/members/expert2trade/awesomeprofits/1072944

I use no EAs


REally outstanding results dude, but not so good with a drawdown of 70% 😭


Couldnt help the drawdown, especially with such volatile times since last 2-3 weeks 😄


Christmas is coming & volatility will diminish dramatically, hope we can see some nice trends in the short term my friend!😄

THIS IS A MARATHON, NOT A SPRINT.
Chikot
Dec 12 2014 at 11:03
2299 posts
I would not trust EA. It cannot adjust and market is not that perfect not to mention going through various cycles. Experienced trader with self control will do better than any EA especially on risk control side...
Also, how can I trust EA if I cannot trust even my internet connections...
The less things one has to rely upon the better.
KISS....

togr (togr)
Dec 12 2014 at 11:09
4862 posts
Chikot posted:
I would not trust EA. It cannot adjust and market is not that perfect not to mention going through various cycles. Experienced trader with self control will do better than any EA especially on risk control side...
Also, how can I trust EA if I cannot trust even my internet connections...
The less things one has to rely upon the better.
KISS....


Well can you prove it? Can you post some manual trader who is successful in long term?
As trader with self control you should follow some clear trading rules.
If you have such rules EA can always execute them faster and more precisely.

Chikot
Dec 12 2014 at 11:15
2299 posts
Everything depends upon what you mean by long term? If say 1year + I can say I am , but I have nothing to prove and I am trading my own funds now But I know few guys who have been making money consistently under very serious scrutiny on risk control side and also few independent guys who have been profitable by trading manually for years..
I know also guys who use algos, but they watch those like hawks and it is their own made algos based upon how they trade and they test and retest and make changes constantly. it is not exactly EA in package with red ribbon which is being discussed here.

togr (togr)
Dec 12 2014 at 11:16
4862 posts
Chikot posted:
Everything depends upon what you mean by long term? If say 1year + I can say I am , but I have nothing to prove and I am trading my own funds now But I know few guys who have been making money consistently under very serious scrutiny on risk control side and also few independent guys.
I kow also guys who use algos, but they watch those like hawks and it is their own made algos based upon how they trade and they test and retest and make changes constantly. it is not exactly EA in package with red ribbon which is being discussed here.

@Chikot
yes 1 year is what I meant.
Why don't you publish your stats on MFB then?

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