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
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.
UweMoench posted: 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.
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 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.
There's no difference really. Not all strategy can be converted to a trading bot anyway so you can only trade manually. If some or all of the parts of the trading system can be converted to an automated process, then of course, it's way better because it will lessen the stress and effort on your end. I don't see the point of choosing one over the other.
People who strictly choose manual trading only thinks that they have the control but unfortunately, there's too much uncertain parts with the financial markets. If some things will help you control some parts of the trading process, that will always be the best path.
Ostrzeżenie o wysokim ryzyku: handel walutami obcymi wiąże się z wysokim poziomem ryzyka, który może nie być odpowiedni dla wszystkich inwestorów.
Dźwignia stwarza dodatkowe ryzyko i ryzyko straty. Zanim zdecydujesz się na handel walutami, dokładnie przemyśl swoje cele inwestycyjne, poziom doświadczenia i tolerancję ryzyka.
Możesz stracić część lub całość początkowej inwestycji. Nie inwestuj pieniędzy, których nie możesz stracić. Zbadaj ryzyko związane z handlem walutami i zasięgnij porady niezależnego doradcy finansowego lub podatkowego, jeśli masz jakiekolwiek pytania.
Wszelkie dane i informacje są dostarczane "tak, jak są" wyłącznie w celach informacyjnych i nie są przeznaczone do celów handlowych ani konsultacji.
Wcześniejsze wyniki nie są wskaźnikiem przyszłych wyników.