How to earn more? Real advice from experienced traders.

MarioSerg posted:
what about the signaks? Did you use them to increase your profits?

I used signals but they made me big loses sometimes signals are not reliable.

Claison posted:

MarioSerg posted:
what about the signaks? Did you use them to increase your profits?

I used signals but they made me big loses sometimes signals are not reliable.

Unfortunately, it is. Signals may be false. You have to be careful with them.

To be honest, I do not even know what an EA can see that a person won’t see. It is possible that I am wrong. Can you explain your point of view in more detail?

Rococo_XVII posted:
To be honest, I do not even know what an EA can see that a person won’t see. It is possible that I am wrong. Can you explain your point of view in more detail?

Oh I would say that EA can give you signals that you may not notice. But whether you use them or not is up to you.
I do not trust EAs. I prefer my intuition.

I trust EA, but you always need to monitor, that's all, simple rule.

Rococo_XVII posted:

Claison posted:

MarioSerg posted:
what about the signaks? Did you use them to increase your profits?

I used signals but they made me big loses sometimes signals are not reliable.

Unfortunately, it is. Signals may be false. You have to be careful with them.

exactly i said the same thing i prefer to not trade on signals and do my technical analisys by my self

Christinefx posted:
I trust EA, but you always need to monitor, that's all, simple rule.

Does it mean you don`t trust EAs completely? Anyway, you have doubts and you intervene in trade if something happens.

If you have any doubts during the EA trading process, you think you don't trust the EA, or the traders who are operating, you have full authority to stop the transaction

Of course, this is a natural process. But EA was created so that you could not interfere in the trade, wasn't it?

Have u received the answer yet to what u are looking for? To be a consistent trader, u must do a consistent way of trading everyday. Trading truely boring as the same thing u doing it everyday. Cut ur losses earlier and let the profits run till achieve ur target. I just give a view what i am doing in my everyday trading life. Once u have succesfully be a consistent trader, try to involve with prop trading. Your lifestyle will change 360. Thanks me later.

Oh I agree you need to trade daily in order to improve your skills well. But I would not say its boring. Rather difficult and tedious.

Yes, one needs to trade all the time. But now I cannot always find time for trading and improving my knowledge. Although I try.

It seems to me that soon the thread should be renamed to enemies and defenders of EA. 😄

I think we should respect each other opinion because people have different tastes.

Rococo_XVII posted:
It seems to me that soon the thread should be renamed to enemies and defenders of EA. 😄

Hahah. I read your thread. It seems you're right. There will be a battle soon. I advocate modern EA with an AI.

Oh I would be against EA. Lol.

WhiteWitcher posted:
Oh I would be against EA. Lol.

Why so?? It seems that you greatly underestimate the potential of trading with an adviser.

It took me a good full year(2008) to development my technical trading strategy. Trading requires a strong mental and psychological resistance. Be fully able to control yourself, and stick to your trading plans and rules. That is my success story.

If it is about being against or being with I'm with EA because having something is better to not having it. Instead we can don't use it if we don't want but lt's have it