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Expert Advisor...good for beginners?

mlawson71
Mar 15 2018 at 16:05
1487 príspevkov
I used EAs as a newbie, and I think they were more a hindrance than a help because I understood them so little at the time. But that's just my subjective and individual experience.

GeorgeBischof
Sep 22 2020 at 19:01
318 príspevkov
Every beginner should start their trading career with a demo account. Because without learning, it is quite tough to survive in this risky market.

ethan_65
Sep 23 2020 at 08:30
41 príspevkov
If you are a newbie to the forex market and want to use an EA, you can surely go for it. There is no harm in using EA as a newbie just make sure that the EA you are using must be compatible with your trading strategy. So, I would like to suggest you to test the EA first on the demo account if it shows success continue it with the live account.

ProfitsOnly
forex_trader_[1786937]
Sep 23 2020 at 15:21
142 príspevkov
I totally believe in manual trading, this is how I maximize profits and not Expert Advisory.

EbonyJones
Sep 24 2020 at 18:58
232 príspevkov
If you are new in this market you have to be careful when you are going to choose a broker for you. There are so many fake brokers. So research the market properly and select the best broker for you to trade and make money from this market consistently.

ProfitsOnly
forex_trader_[1786937]
Sep 25 2020 at 04:59
142 príspevkov
EbonyJones posted:
If you are new in this market you have to be careful when you are going to choose a broker for you. There are so many fake brokers. So research the market properly and select the best broker for you to trade and make money from this market consistently.

I think he is asking about EA. I can never trade with EA as it can never beat my manual trading.

LeviSievwright5
Nov 03 2020 at 01:46
298 príspevkov
If you are a beginner trader, you should gain experience from EA. It takes patience and practice to get an idea of market momentum. A lot of research and information should be collected.

ddarko3
Nov 03 2020 at 06:42
59 príspevkov
It might be not a wise idea to start off with EAs as you will have little to no understanding on how those work. It is better to start off on manual trading and make your way to understanding the forex trading.

Halexpark899
Nov 30 2020 at 07:29
25 príspevkov
I don’t think beginners should use EAs because you might not be able to sense the situation.

DoraWalletInvest
Nov 30 2020 at 09:21
123 príspevkov
I don't think beginners should be using EA's either. If you don't have enough experience, you have to trust the EA blindly, which is like trusting a complete stranger with your money. You need to be patient and only start trading - whether automated or manual - once you know how to build and test a strategy.

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