Expert Advisor...good for beginners?
Členom od Apr 15, 2020
219 príspevkov
Dec 04, 2020 at 04:58
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.
Členom od Aug 11, 2017
886 príspevkov
Dec 04, 2020 at 06:47
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.
Členom od Mar 17, 2021
536 príspevkov
Jul 04, 2021 at 09:01
Shelby10 posted:Yes. You are right.
Every beginner should learn forex trading perfectly before investing their money in this risky market.
Členom od Feb 13, 2017
251 príspevkov
Jul 04, 2021 at 12:19
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
Členom od Jul 23, 2020
869 príspevkov
Jul 10, 2021 at 01:51
New traders should not use EA at first.
Členom od Mar 16, 2021
477 príspevkov
Aug 05, 2021 at 01:23
From my point of view, I think trading education can be the first condition of a beginner trader.
Členom od Jul 23, 2020
759 príspevkov
Sep 01, 2021 at 21:57
I recommend new traders should not use EA first.
Členom od May 24, 2021
11 príspevkov
Nov 13, 2021 at 15:12
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.
Členom od Jul 19, 2020
751 príspevkov
Dec 20, 2021 at 03:37
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.
Členom od Aug 05, 2021
401 príspevkov
Dec 21, 2021 at 16:36
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.
Členom od Mar 16, 2021
477 príspevkov
Dec 22, 2021 at 02:44
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.
Členom od Apr 14, 2022
34 príspevkov
Sep 19, 2022 at 10:54
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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