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

forex_trader_306864
Členom od Feb 19, 2016
3 príspevkov
Feb 19, 2016 at 20:37
Členom od Feb 19, 2016
3 príspevkov
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
Členom od Feb 22, 2011
4573 príspevkov
Feb 21, 2016 at 11:34
Členom od Feb 22, 2011
4573 príspevkov
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
Členom od Jan 14, 2011
34 príspevkov
Jun 17, 2016 at 07:00
Členom od Jan 14, 2011
34 príspevkov
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 :)
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 :)
Členom od Jul 08, 2014
411 príspevkov
Jun 17, 2016 at 07:52
Členom od Jul 08, 2014
411 príspevkov
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
Členom od Jan 14, 2011
34 príspevkov
Jun 17, 2016 at 08:04
Členom od Jan 14, 2011
34 príspevkov
@Magiic I agree with you 100%. Brexit will be very tricky time. Better just wait for next week.
Členom od Mar 18, 2016
118 príspevkov
Jun 17, 2016 at 10:35
Členom od Mar 18, 2016
118 príspevkov
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.
Členom od Jul 08, 2014
411 príspevkov
Jun 18, 2016 at 16:54
Členom od Jul 08, 2014
411 príspevkov
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
Členom od Mar 05, 2016
5 príspevkov
Jun 18, 2016 at 17:40
Členom od Mar 05, 2016
5 príspevkov
@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.
Členom od Jun 02, 2017
13 príspevkov
Jul 04, 2017 at 10:03
Členom od Jun 02, 2017
13 príspevkov
how can I recognize a good signal provider?

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