I was wondering why people don't use an EA to trade, instead of doing the trades manually.
Is anyone here using an EA to carry out their trades?
If so, do you use your own EA?
Is anyone here using an EA to carry out their trades?
If so, do you use your own EA?
Investors always comes first.
I am new to trading, understand EA but never got any real exposure, can you elaborate with results, if you don't mind.
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May 25 2020 at 11:09
serk1 posted:
I was wondering why people don't use an EA to trade, instead of doing the trades manually.
Is anyone here using an EA to carry out their trades?
If so, do you use your own EA?
I would say people are lazy.
Lazy people just buy some EA created by someone else without understanding how it works.
As result they lose money twice
- when they pay for EA
- when they got loses on their account
That's why I never sell EAs. I do mirror trades from my account to theirs and get paid only where there is profit
Oct 07 2021 at 14:50
I prefer manual trading. It’s fun.
Oct 07 2021 at 20:58
EA is good for those who cannot control their emotion.
Oct 15 2021 at 19:16
I guess there is nothing better than manual trading, mainly because such types of trading activity can possibly bring you much more experience and skills rather than auto-trading. Of course, we shouldn't underestimate the work of EAs and it's quite spread across all the market, nevertheless if you haven't got enough experience, you would better stay off the idea of using EAs mainly because the main task for you is to learn how to trade professionally an earn money. The process of searching for EAs is quite long and you will just waste of your time I guess, nevertheless if you want, then you can try.
Centrillador
I can use both manual and ea tradiing. everything depends my time. If I had a lot of free time I prefer manual trading. If I am going sleep or go out then I can use ea.
I have never traded using an EA and would like to know if they are better than trading manual and how are the profits and losses in EA?
I am an advocate of manual trading. As for me, in terms of work, this is a more correct option, which allows you to work more efficiently.
Oct 21 2021 at 11:57
I am a manual trader. I have often thought about going down the EA route but haven't as yet.
Oct 22 2021 at 04:40
Morning, could you take look at the company I work for? We have events on Monday and Thursday and would like to invite you to one.
My choice is manual work. This way I work much more comfortably and I can influence the result myself.
Oct 24 2021 at 23:49
It's better to do both IMO.... I run an EA which is predominantly for scalping... But if I see an opportunity, I use a separate manual account for throwing down swing trades.
All or nothing
I think both are good. EA can trade more hours but manual trading gives your quality trades. Whichever works for you, then do that.
Trading is a marathon, not a sprint.
I like manual trading. I don't like to use EA to trade. It's like I am trusting someone else strategy without knowing anything about it. I don't know based on which strategy is made.
UweMoench posted:Of course, you will like manual trading because that's what you know. What if you are the one who made the EA out of the strategy that you're using to trade manually? Would you feel the same way? It's obviously useless to use an EA or a strategy without having any confidence on it.
I like manual trading. I don't like to use EA to trade. It's like I am trusting someone else strategy without knowing anything about it. I don't know based on which strategy is made.
Trading is a marathon, not a sprint.
Since I'm still a beginner with only six months of live trading experience, I prefer a trading manual to learn more about forex markets to develop new skills and strategies.
Oct 28 2021 at 12:36
I took a mentorship session and it really helped me improve my patience and being able to accurately predicted the rise and fall. I actually have a one hour video I can send maybe it will help.
Oct 29 2021 at 08:24
Manual trading woks well for me.
I currently work on manual trading, I think it's good practice to have understanding of how to trade in order to use an EA. I am starting to work on EA's but it takes time to do the back testing to get the settings right to make any good money. I feel more in control when I trade manually so I think it is how I will trade going forward. Not against having an EA working in the background making a little more money though.
