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.
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.
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.
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.
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.
& copy; 2021 Myfxbook Ltd. Všetky práva vyhradené.
UPOZORNENIE NA VYSOKÉ RIZIKO: Obchodovanie s devízami prináša vysokú úroveň rizika, ktoré nemusí byť vhodné pre všetkých investorov.
Páka vytvára ďalšie riziká a straty. Než sa rozhodnete obchodovať s devízami, dôkladne zvážte svoje investičné ciele, úroveň skúseností a toleranciu voči riziku.
Môžete prísť o časť alebo všetky svoje počiatočné investície. Neinvestujte peniaze, ktoré si nemôžete dovoliť stratiť. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Všetky údaje a informácie sú poskytované „tak, ako sú“. iba na informačné účely a nie je určené na obchodné účely alebo rady.
Výkonnosť v minulosti neznamená výkonnosť v budúcnosti.