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Roberto21

Member Since May 02, 2019  189 posts Roberto21 Dec 12 2019 at 06:47
according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.

Imamul

Member Since Aug 09, 2017  440 posts Imamul Dec 12 2019 at 07:19
beginners should go through
the school minimum for 2 times including a micro account ,
 its a great combination.

Treeny

Member Since Feb 08, 2019  126 posts Treeny Dec 15 2019 at 18:31
joneiltrader posted:
Nasrul_Swing posted:
Alpscalp posted:
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)


Agreed. If the EA really can make money, sure the owner will not share it with the public. They just plug it at MQL etc. and earn money from their subscribers.


Not true. I'm using an EA and making money with it and I am not the owner of the EA. This is just not an accurate statement.


How is your EA doing, still winning?

joneiltrader

Member Since Aug 14, 2019  10 posts joneiltrader Dec 16 2019 at 17:13
Treeny posted:
joneiltrader posted:
Nasrul_Swing posted:
Alpscalp posted:
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)


Agreed. If the EA really can make money, sure the owner will not share it with the public. They just plug it at MQL etc. and earn money from their subscribers.


Not true. I'm using an EA and making money with it and I am not the owner of the EA. This is just not an accurate statement.


How is your EA doing, still winning?


Yeah, doing very well. Still winning.

MintDice

Member Since Dec 17, 2019  3 posts MintDice (MintDice) Dec 17 2019 at 03:25
That's probably a very tough ask honestly because there will be too much word play and miscommunication and affiliate marketing and that kind of thing. You'll have to do your own due diligence and a lot of your own personal research.

No gamble no future
Nasrul_Swing

Member Since Feb 28, 2019  120 posts Nasrul (Nasrul_Swing) Dec 17 2019 at 03:53
@joneiltrader hopefully, your EA always keeps winning. Good luck on your martingale :)

Eurmas @ MQL signals
joneiltrader

Member Since Aug 14, 2019  10 posts joneiltrader Dec 17 2019 at 14:55
Nasrul_Swing posted:
@joneiltrader hopefully, your EA always keeps winning. Good luck on your martingale :)


Thanks. Appreciate it even if you're being condescending. I appreciate your commentary.

Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Dec 17 2019 at 23:13
Don't buy EA or other trading robots.
You won't get rich from them.
Learn to properly trade and focus on Risk Management as your #1 priority.

The difference between a long term profitable trader and a blown account is RISK MANAGEMENT.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X

Member Since Jan 05, 2016  1189 posts Professional4X Dec 17 2019 at 23:18
sparkertrades posted:
Is there ANYPLACE to get honest reviews on EA's? It seems like every site I find is set up to look like an honest review site, but it seems like they are all fronts trying to push specific EA's (which undoubtedly they own an interest in). Can anyone point me toward a real review site, or offer advice on good EA's for a newbie? Thanks.


There are NO publically available EA which will work across all market conditions.
There are NO 'Holy Grail' robots that you are going to find for $49.99 or whatever absurd price people are trying to charge for them.

The secret to being profitable for the long term of your trading 'career' is to use EFFECTIVE RISK MANAGEMENT.

The strategy honestly does not matter at all, as long as is generally profitable and is designed to use effective risk management.

Risk Management is as close to the Holy Grail you will find.

Risk Management is the #1 priority to maintaining a profitable account.

The difference between someone who is a long term profitable trader and someone with a blown account is RISK MANAGEMENT.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
pleasingoink

Member Since Sep 27, 2019  7 posts pleasingoink Dec 18 2019 at 11:30
I do not understand how risk management can help you be a profitable trader. Sure it can minimise losses but how can this actually help you gain money

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.