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Can you become millionaire through expert advisors?

Dec 30, 2019 at 15:50
57 Replies
Member Since Jun 22, 2020   39 posts
Oct 26, 2020 at 07:36
Yes, you can. You will also have to sell the EA in order to earn money from it.
Member Since Jul 20, 2020   341 posts
Nov 19, 2020 at 17:53
You need to make a good and profitable trading plan to become millionaire in the forex market.
Member Since Nov 17, 2020   19 posts
Jan 04, 2021 at 08:50
Good system. I would like to know more about the EA. Please share some additional information on your trading system, thank you.
Member Since Feb 23, 2021   330 posts
May 24, 2021 at 17:32
ElliotCooke posted:
You need to make a good and profitable trading plan to become millionaire in the forex market.
I completely agree with you.
Member Since Jul 23, 2020   869 posts
Aug 08, 2021 at 02:54
I don’t think so. Manual trading is better to be successful.
Member Since Aug 05, 2021   401 posts
Aug 19, 2021 at 02:01
I wouldn't want to be completely dependent on an EA but I do think they can be profitable. The main obstacle is to find one that works for a good price.
Member Since Jul 23, 2020   759 posts
Sep 01, 2021 at 22:00
Is there anyone become successful using only EA. I never see one.
Member Since Aug 05, 2021   401 posts
Sep 03, 2021 at 02:51
I think that EAs do offer benefits, especially when it comes to emotionless trading and trading for those that don’t have a lot of time on their hands.
On the downside, it’s hard to find one that will be profitable in the long term.
I wouldn’t put too much faith into an EA, but it’s always possible that it could work out.
Member Since Jul 19, 2020   751 posts
Jan 01, 2022 at 04:03
An expert advisor can make you a millionaire if you follow every step according to plan
Member Since Apr 09, 2019   538 posts
Jan 04, 2022 at 12:47
I'm yet to meet one but I guess that doesn't mean they aren't out there.
If you can't spot the liquidity then you are the liquidity.
Member Since Jun 21, 2021   33 posts
Jan 05, 2022 at 06:28
Expert Advisors are good enough but you also need to work along with them. EAs alone won't work in order to become a millionaire.
Member Since Jun 12, 2021   132 posts
Jan 06, 2022 at 09:13
i dont think so , the advisor advice works just for short time , nothing without it. i dont believe them
Member Since Oct 31, 2020   16 posts
Feb 05, 2022 at 12:19
I really doubt that it’s possible. I do believe that trading robots can back your income you get from your full-time job but no more. It’s because trading robots don’t think in a way we, humans, do. Instead, they calculate within concrete limits. They can’t go beyond them and therefore, they are unable to come up with a creative solution to a non-standard issue. That’s what only humans do. I’m sure that only trading manually you can become a millionaire, although it’s very difficult.
Member Since Nov 26, 2020   11 posts
Mar 03, 2022 at 20:35
I believe traders can become millionaires without trading with expert advisors actually. In my opinion, the main thing is to understand how to trade and how to become successful. If you know what to do on the market then you can become successful without any expert advisors. Of course, nowadays traders prefer trading with EAs, however sometimes they are not successful, because trading with EAs require plenty of skills and knowledge. There are some traders who are successful due to trading with EAs, as well as there are such ones who are successful due to trading without EAs. There are plenty of opinions concerning EAs.
Member Since Apr 09, 2019   538 posts
May 10, 2022 at 11:20
With EAs honestly I'd say yes if you start with a billion.
If you can't spot the liquidity then you are the liquidity.
Member Since Feb 20, 2021   78 posts
Jun 02, 2022 at 05:56
Sure, trading can make you rich but to be a millionaire specially and only through trading is a difficult task. It takes time and experience and an impeccable amount of skill to become a millionaire with trading only. It is possible, yes but highly unlikely.
Member Since Jan 11, 2022   45 posts
Jun 15, 2022 at 04:52
Imo, EAs can really be profitable if the trader knows how to operate them. They are only recommended to experienced traders as it has its limitations and for a newbie to use it, he should know how to trade manually.
Member Since Jul 22, 2020   23 posts
Sep 02, 2022 at 14:24
I think it is possible to become a millionaire without advisors. This is real because the Forex market has limitless possibilities. Those traders who find several successful strategies and use technical analysis correctly can have a permanent good profit.
As for the advisors.... Are excellent assistants to help beginners and professionals to earn more.
The main thing is to find the expert advisor, which will be really useful.
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