It is very important to have a positive mindset in trading. There will be a loss, but to cover this loss, you have to maintain a positive mindset. Never be afraid. It is not possible to trade with fear and greed.
fafduplesis posted: I think the ones who prefer algo trading over manual are mostly the newbies who are still learning and needing help.
That can be the possibility. But I think one should do both like me. They should balance out because automated trading might help you but manual trading will give you experience. And I also think that you need a good broker for this or else you’ll get more confused. You can select from Oanda, Turnkeyforex or Pepperstone. They provide you with both manual and automated trading options and are easy to work with too.
I agree! I haven’t got myself to trade using an automated system and manual seems to do the work just fine. It gives me all the control and that kind of works out fine for me. I mean I am not at all against using EAs but manual is somewhat better in my opinion.
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