comparing signal providers and EA... and where to find the best?

forex_trader_306864

Uczestnik z Feb 19, 2016 3 postów

Feb 19, 2016 at 20:37

Uczestnik z Feb 19, 2016 3 postów

Hi there,

I'm new here, in Forex as well.

As I do have a day job which requires most of my concentration, I would like to trade automatically, in order to keep my positions open at night as well. As far as I can see, there are two options: Expert Advisors and Signal Providers.

What are the (dis)advantages of those?

And where to look for the best? This site contains completely different EA's and signals than the MQL4/5 community pages. Is it a silly question to ask my broker?

Thanks for your input,

sin

togr

Uczestnik z Feb 22, 2011 4573 postów

Feb 21, 2016 at 11:34

Uczestnik z Feb 22, 2011 4573 postów

Hi sin,

If you put Ea on your account you should have complete control over the trades.
With signal following you will just mirror the trades without such control

koval

Uczestnik z Jan 14, 2011 34 postów

Jun 17, 2016 at 07:00

Uczestnik z Jan 14, 2011 34 postów

Hello

You can check this side www.consiliuminvest.com/strategies

The show all transaction and you can check full history for last few years. You can follow one strategy or few of them.
First few weeks is for free :)

Magiic

Uczestnik z Jul 08, 2014 411 postów

Jun 17, 2016 at 07:52

Uczestnik z Jul 08, 2014 411 postów

I wouldn't sign up to a new signal before next week, wouldn't trust a stranger to trade through the Brexit.

Keep at it

koval

Uczestnik z Jan 14, 2011 34 postów

Jun 17, 2016 at 08:04

Uczestnik z Jan 14, 2011 34 postów

@Magiic I agree with you 100%. Brexit will be very tricky time. Better just wait for next week.

wiseinvest

Uczestnik z Mar 18, 2016 118 postów

Jun 17, 2016 at 10:35

Uczestnik z Mar 18, 2016 118 postów

I think, most managers worth their salt, will be wise and cease trading for a day or two.

My accounts will ALWAYS show high DD. This is done purposely to maximize our withdrawals every week.

Magiic

Uczestnik z Jul 08, 2014 411 postów

Jun 18, 2016 at 16:54

Uczestnik z Jul 08, 2014 411 postów

wiseinvest posted:
I think, most managers worth their salt, will be wise and cease trading for a day or two.

I think the same wiseinvest, no one should go into with positions unless there size is that small that large move would not damage the account, I just don't see why anyone would sign up for a few days performance and trust the person they don't know. FX already has leverage, and the Brexit magnifies that leverage which is scary.

Keep at it

HedgeFundManager

Uczestnik z Mar 05, 2016 5 postów

Jun 18, 2016 at 17:40

Uczestnik z Mar 05, 2016 5 postów

@wiseinvest A day or 2? I've been trading for over 15 years and I have no intention of trading until after the vote next week. So I'll actually be taking the week off.

Put all your energy into changing your habits and you will change your life.

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comparing signal providers and EA... and where to find the best?