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Expert Advisor...good for beginners?
Участник с Apr 15, 2020
219 комментариев
Dec 04, 2020 at 04:58
Участник с Apr 15, 2020
219 комментариев
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.
Участник с Aug 11, 2017
886 комментариев
Dec 04, 2020 at 06:47
Участник с Aug 11, 2017
886 комментариев
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.
Участник с Mar 17, 2021
536 комментариев
Jul 04, 2021 at 09:01
Участник с Mar 17, 2021
536 комментариев
Shelby10 posted:Yes. You are right.
Every beginner should learn forex trading perfectly before investing their money in this risky market.
Участник с Feb 13, 2017
251 комментариев
Jul 04, 2021 at 12:19
Участник с Feb 13, 2017
251 комментариев
never ever spend any time to expert advisors ( if you are not a programer )
try to strengthen your trading skills
try to strengthen your trading skills
Участник с Jul 23, 2020
869 комментариев
Jul 10, 2021 at 01:51
Участник с Jul 23, 2020
869 комментариев
New traders should not use EA at first.
Участник с Mar 16, 2021
477 комментариев
Aug 05, 2021 at 01:23
Участник с Mar 16, 2021
477 комментариев
From my point of view, I think trading education can be the first condition of a beginner trader.
Участник с Jul 23, 2020
759 комментариев
Sep 01, 2021 at 21:57
Участник с Jul 23, 2020
759 комментариев
I recommend new traders should not use EA first.
Участник с May 24, 2021
11 комментариев
Nov 13, 2021 at 15:12
Участник с May 24, 2021
11 комментариев
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.
Участник с Jul 19, 2020
751 комментариев
Dec 20, 2021 at 03:37
Участник с Jul 19, 2020
751 комментариев
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.
Участник с Aug 05, 2021
401 комментариев
Dec 21, 2021 at 16:36
Участник с Aug 05, 2021
401 комментариев
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.
Участник с Mar 16, 2021
477 комментариев
Dec 22, 2021 at 02:44
Участник с Mar 16, 2021
477 комментариев
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.
Участник с Apr 14, 2022
34 комментариев
Sep 19, 2022 at 10:54
Участник с Apr 14, 2022
34 комментариев
AhmadAli89 posted: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.
High leverage increases trading risk and traders should avoid high risk to survive in Forex for a long time.
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