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Manual is best
Mitglied seit Jul 19, 2020
283 Posts
Dec 03, 2020 at 12:30
Yes. Manual trading is the best option to make money form this market.
Dec 17, 2020 at 14:45
"I consider manual trading because all my losses will be mine. I currently trade with short positions with the smallest lot size to minimize risk.
Though I can't, make a lot of money I will at least not lose everything if something goes wrong."
Though I can't, make a lot of money I will at least not lose everything if something goes wrong."
Mitglied seit Jun 22, 2020
69 Posts
Dec 18, 2020 at 11:57
robindude posted:
I never liked EAs, although my broker is offering such if interested. I do enjoy manual trading where I can allow to express myself in term of trading for the profits, lot size, and many more.
Agreed. Self trading is best and can give you satisfaction when you make the profit and giving you better experience
Mitglied seit Mar 17, 2021
494 Posts
Oct 03, 2021 at 05:18
Joz8 posted:
How many traders here are only into automated trading?
I prefer manual trading.
Mitglied seit Jul 23, 2020
696 Posts
Nov 11, 2021 at 13:08
Unlike auto, trading manual traders have a flexible approach to setting Stop Loss and Take Profit orders and the possibility of trading regardless of the market situation.
Mitglied seit Jul 23, 2020
816 Posts
Nov 11, 2021 at 15:05
Traders can control the opening and closing of each order and Clear control over the change of the market situation.
Mitglied seit Mar 17, 2021
494 Posts
Jan 06, 2022 at 17:57
UweMoench posted:
I don’t prefer copy trading to a new Forex trader! Because, it’s not anything like the permanent solution, for me manual trading is much better than automatic trading services! So, new traders should concentrate on the demo.
Copy trading can be dangerous for every new trader.
Jan 14, 2022 at 07:11
Automated trading is useful for those traders whose goal is to take a maximum number of trades such as scalpers. However, for an average trader with goals to take few but good trades, manual trading is best. When you get signals for so many opportunities, there's a constant feeling of missing out on big opportunities which may not be good for your trading psychology. With manual trading, there's no such thing and you can efficiently focus on the trades you take without thinking about those you missed.
Jan 20, 2022 at 20:20
I believe that manual trading is better, because only you control all the process when you're fond of manual trading. However, we shouldn't forget that some automated things also might be quite useful for you. The main difficulty in my opinion is that it's kinda hard to find a good automated tool for trading. Well, it's possible, but it's just a waste of time. You have to devote time to exploring, testing and so on. While this time you can devote to the development of your personal skills and knowledge. Here everything depends on what type of a trader you are, lazy ones always try to find something that will ease trading for them.
Feb 16, 2022 at 08:02
I use EA’s and they are profitable. No doubt that there are some drawbacks like it only works within a certain range that we set before integrating it with our platform. I change the setting according to conditions in the market to make it effective.
Feb 23, 2022 at 04:48
I agree that manual trading makes you the master of your trades. But you can’t keep up with the market competition when you know there are traders who are using bots that are getting profits even if the market is moving way too rapidly.
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