I have been looking into the forex market a bit using some demo accounts and reading a lot soaking up info. Now the next step is I am curious about your opinion:
My plan was to start investing some money in a trading account on the forx market, using only automated EA systems. It goes without saying for me, that before I invest real money I will test them thruougly over an extended period of time (several month).
Now since I have roughly 300k to invest I am not looking for strategies with crazy returns or fast money making promises. My goal would be to find an automated trading system, that beats my yearly performance I have since 5 years on the stock market (average of about 15% a year) without me having to do all the hard work.
How would you go about this idea? I mean keeping in mind that for my personal preference 15% of interest each year would already be amazing and probably a goal I would stick with.
If someone sell some EA, this EA definitely have some disadvantage. Good Experts are not for sale, they are for personal use, like 'copy trade' or PAMM/MAM- accont. My advice is : don't buy expert, find someone who have create expert, and let hit to trade for you.
StoneHeart posted: If someone sell some EA, this EA definitely have some disadvantage. Good Experts are not for sale, they are for personal use, like 'copy trade' or PAMM/MAM- accont. My advice is : don't buy expert, find someone who have create expert, and let hit to trade for you.
Good experts are for sale, and they not cost a much. Why? Because developer has earned a lot by EA and selling it- this is not a main income. It's just cover server rent and reward all this time which were spend by responding emails helping others...
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.