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How you find Reliable Forex Experts?

Adribaasmet
Nov 26 2019 at 15:12
947 posts
Professional4X posted:
Treeny posted:
You can probably trust the ones that don't charge and don't throw affiliate links at you.....


Focus on risk management. That's the difference between profits and having a blown account.


So true; with an aggressive trading plan, there is no value of our trading strategy!

AmDiab
Jan 02 2020 at 15:55
718 posts
Adribaasmet posted:
Professional4X posted:
Treeny posted:
You can probably trust the ones that don't charge and don't throw affiliate links at you.....


Focus on risk management. That's the difference between profits and having a blown account.


So true; with an aggressive trading plan, there is no value of our trading strategy!


In my early stage of trading I used 1:500 trading leverage & always tend to open a new trade but now I am not! Because I see, using high leverage inspires to do overtrading.

EbonyJones
Sep 09 2020 at 18:59
232 posts
To make money from this market, you should make a good and profitable plan or strategy. A good strategy can make you rich. On the other hand, a wrong decision can put you in great danger.

UweMoench
Sep 10 2020 at 14:23
547 posts
First of all an expert do not claim unrealistic profit target. If anyone promising unbelievable returns stay away from him. If he is that much good he won't need to find people on online. Find someone who seems logical by his words. And speak some sense.

AliaDare
Sep 11 2020 at 01:16
589 posts
If you trade without learning to trade, you will have to face unexpected losses. A lot of research is needed to get a Forex expert. Because you need to find a Forex expert whose services are very reliable. If you can't find a good Forex expert then you need to create a good strategy with little information from all the websites.

Syed Ali Arsalan (FxTWW)
Sep 11 2020 at 05:32
13 posts
nasrul_poyo posted:
Bro, if you have profitable EA, do you think that you will sell it? Sure, you will not if the EA can generate profit from the trade. It is better for you to try making your own EA. Invest some money to coder to create your EA, but 1st you need to have clear strategy or profitable strategy before you ask for coder to code your own EA.
Actually, you also can check on this myfxbook the EA listed on strategies under systems tab. They put their backtest of the EA. At least, you must look he showed more than 4 years with 99% modelling quality. Mostof them linked with live account. So, you can check on that also.
However, from my experienced, i have developed 1 profitable EA. 5 years backtest with modelling quality 99.9% on 1 pair, it shows very good profit, no margin call. Then, I started to run live with the same setting as backtest, yes, it goes well for 1 year only before my account blown.
Just think this one, forex is not easy money for you to become rich. If EA can make you rich, sure, all of us will just stick to use that EA only.
Good luck


You are right brother. I also trade with the help of customized EA which is giving good profit on daily basis.
While doing trading I ensure proper Money Management and Low Drawdown.

DoraWalletInvest
Sep 11 2020 at 09:50
123 posts
This thread is great! Many EAs did sound off to me but I could never put my finger on why that is. I feel a wee bit more informed now.

Barbara Wright (barbarawright)
Oct 19 2020 at 10:52
37 posts
I test brokers on demo accounts first and then go live.

SofieAndreasen
Oct 26 2020 at 15:48
571 posts
DoraWalletInvest posted:
This thread is great! Many EAs did sound off to me but I could never put my finger on why that is. I feel a wee bit more informed now.

I recommend to test it before applying in the real account. I prefer to use EA with my own trading plan.

DoraWalletInvest
Oct 28 2020 at 09:55
123 posts
SofieAndreasen posted:
DoraWalletInvest posted:
This thread is great! Many EAs did sound off to me but I could never put my finger on why that is. I feel a wee bit more informed now.

I recommend to test it before applying in the real account. I prefer to use EA with my own trading plan.


You're right, it is definitely good to test it before using. Do you like to use EA's as they are, or do you modify them to fit you better?

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