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Expert Advisor...good for beginners?

Shelby10
Dec 01 2020 at 20:22
posts 140
Every beginner should learn forex trading perfectly before investing their money in this risky market.
Elena Triston (ele020)
Dec 04 2020 at 04:58
posts 219
Jimmblack posted:
Honestly, I'm a newbie in trading as you are. I did not use EA though I want to try. But how to understand which EA is better and where it can be bought?

For a newbie one should first learn at least the basics of forex and understand technical and fundamental analysis before they start using an EA. I think using EAs from the very beginning will create more problem than help because It takes time to understand it
The more your practice, the more you learn.
Mohammadi
Dec 04 2020 at 06:47
posts 886
Knowledge is the key to success in Forex. There is nobody who can make success from here without knowledge . so we have to emphasis on acquiring real trading knowledge and we can get most powerful analyzing trade knowledge by passing a long time. Otherwise that’s not possible at all.
SteveHanks
Jul 04 2021 at 09:01
posts 536
Shelby10 posted:
Every beginner should learn forex trading perfectly before investing their money in this risky market.
Yes. You are right.
almfx
Jul 04 2021 at 12:19
posts 251
never ever spend any time to expert advisors ( if you are not a programer )
try to strengthen your trading skills
LyudmilLukanov
Jul 10 2021 at 01:51
posts 869
New traders should not use EA at first.
LukeRachel
Aug 05 2021 at 01:23
posts 477
From my point of view, I think trading education can be the first condition of a beginner trader.
SofieAndreasen
Sep 01 2021 at 21:57
posts 759
I recommend new traders should not use EA first.
RobSchiz
Sep 02 2021 at 07:38
posts 567
Shelby10 posted:
Every beginner should learn forex trading perfectly before investing their money in this risky market.
Yes. Learning is a mandatory thing in this market.
Auginn
Nov 13 2021 at 15:12
posts 11
I believe that novices shouldn't use expert advisors because of two main reasons. There is a big chance to face scammers, because novices don't have proper experience. The secon reason is that they must gain experience by their own, because it's much profitable for them. No doubts, that expert advisors can help novices to start off trading, nevertheless the main objective of beginners should be independent learning. Anyway, it's up to you, whether you will use expert advisors or not. If I were you I wouldn't use them, because I'm curious enough to explore new activity by my own actually.
UweMoench
Dec 20 2021 at 03:37
posts 751
My advice, keep learning new things, i realized that trading is non stop learning. The more you know, more confident you will be. Your fear will start slowly disappear.
Davidfx89
Dec 21 2021 at 09:39
posts 201
i think the most easy task in the world to give some advice which is completely free and the most tough game is to implement any kind of plan in practically .
HeavenLeighGill (HeavLeighGill26)
Dec 21 2021 at 16:36
posts 401
Personally, I always steered clear of EAs. I'm sure there are some decent ones out there, but I didn't trust it and read too many stories of other traders getting burned.
skihav
Dec 21 2021 at 18:16
posts 801
For me, the most important thing for a beginner is to get a minimum of experience. As for me, this is a really important aspect.
LukeRachel
Dec 22 2021 at 02:44
posts 477
I have to create that kind of humanity to trade beginners. And you have to be patient with yourself. There will be many obstacles in trading. You have to overcome them properly. You have to gain knowledge by doing online research.
AhmadAli89
Sep 18 2022 at 08:35
posts 93
High leverage increases trading risk and traders should avoid high risk to survive in Forex for a long time.
tobeygomez
Sep 19 2022 at 10:54
posts 34
AhmadAli89 posted:
High leverage increases trading risk and traders should avoid high risk to survive in Forex for a long time.
Yes, I agree over this even though high risks means high profits,but in forex one should have solid knowledge regarding the strategies he is going to follow as the market is volatile and can lead to huge losses if not implemented properly.
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