comparing signal providers and EA... and where to find the best?

Feb 19, 2016 at 20:37
601 Views
8 Replies
sinfronteras
forex_trader_306864
Biedrs kopš   2 ieraksti
Feb 19, 2016 at 20:37
Hi there,

I'm new here, in Forex as well.

As I do have a day job which requires most of my concentration, I would like to trade automatically, in order to keep my positions open at night as well. As far as I can see, there are two options: Expert Advisors and Signal Providers.

What are the (dis)advantages of those?

And where to look for the best? This site contains completely different EA's and signals than the MQL4/5 community pages. Is it a silly question to ask my broker?

Thanks for your input,

sin
Biedrs kopš   4862 ieraksti
Feb 21, 2016 at 11:34
Hi sin,

If you put Ea on your account you should have complete control over the trades.
With signal following you will just mirror the trades without such control
Biedrs kopš   37 ieraksti
Jun 17, 2016 at 07:00
Hello

You can check this side www.consiliuminvest.com/strategies

The show all transaction and you can check full history for last few years. You can follow one strategy or few of them.
 First few weeks is for free :)
Biedrs kopš   435 ieraksti
Jun 17, 2016 at 07:52
I wouldn't sign up to a new signal before next week, wouldn't trust a stranger to trade through the Brexit.
Keep at it
Biedrs kopš   37 ieraksti
Jun 17, 2016 at 08:04
@Magiic I agree with you 100%. Brexit will be very tricky time. Better just wait for next week.
Biedrs kopš   127 ieraksti
Jun 17, 2016 at 10:35
I think, most managers worth their salt, will be wise and cease trading for a day or two.
My accounts will ALWAYS show high DD. This is done purposely to maximize our withdrawals every week.
Biedrs kopš   435 ieraksti
Jun 18, 2016 at 16:54
wiseinvest posted:
I think, most managers worth their salt, will be wise and cease trading for a day or two.

I think the same wiseinvest, no one should go into with positions unless there size is that small that large move would not damage the account, I just don't see why anyone would sign up for a few days performance and trust the person they don't know. FX already has leverage, and the Brexit magnifies that leverage which is scary.

Keep at it
Jun 18, 2016 at 17:40
@wiseinvest A day or 2? I've been trading for over 15 years and I have no intention of trading until after the vote next week. So I'll actually be taking the week off.
Put all your energy into changing your habits and you will change your life.
Biedrs kopš   13 ieraksti
Jul 04, 2017 at 10:03
how can I recognize a good signal provider?
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.