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comparing signal providers and EA... and where to find the best?
Feb 19, 2016 at 20:37
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8 Replies
forex_trader_306864
Membro Desde Feb 19, 2016
3 posts
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
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
Membro Desde Feb 22, 2011
4573 posts
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
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
Membro Desde Mar 18, 2016
118 posts
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.
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
Membro Desde Mar 05, 2016
5 posts
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.
Membro Desde Jun 02, 2017
13 posts
Jul 04, 2017 at 10:03
how can I recognize a good signal provider?
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