Expert Advisors for newbie.

Roberto21 posted:
so many paid course right now available in online and most of them are found to be scams. so beginners have to be more careful when choosing a learning platform.

That's right. These scammers are present everywhere. Everyone needs to beware.

If you are new in this market, you need to have proper knowledge about the market. Without proper knowledge you can not make money from this risky market. you can get knowledge about forex from many sources. But for me, The best way to learn forex is a demo account.

If you are new to trading, you need the help of an expert advisor. If you don't learn to trade, there can be many kinds of problems. When I was a new trader, I had a lot of problems with the trading flame. But eventually, I found an expert advisor. From whom I learned a lot. And now I am getting much better rewards in trading.

EAs doesnot come with 100% profit guarantee

As a newbie, if you are going to use an EA must choose in accordance with your strategy bcoz there are lots of EAs in the market. It will be confusing for you as a newbie so plot a simple strategy and go for an EA according to that. It will be easy for you to choose from those.

hello sir.

i tried to buy an ea. but it does not work for me. that is why i do not want to buy it again. signals seems interesting. but nobody gives free signals. so anyway i should pay for them or trade myself.

If you are new in this market, you need to be very careful. First of all, you need to have proper knowledge of the market. You can get all the knowledge of forex from a demo account. it will help you to know all the tools and techniques of forex perfectly.

Alpscalp posted:
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)

Well said bro

pegima posted:

Alpscalp posted:
There are no real good EA's for sale. The only goal is to make profit from the sales. The best EA's are kept for personal use and Signal services/PAMM etc.. A good chef does not sell his recipies but opens up a restaurant ;-)

Well said bro

Im not so sure about that. A very good EA has approx 200 buyers /month for $500 each.
You need a hell of an accout to make that profit if you dont sell it.

I can just see to myself. I dont have a big account, but I have learned how to code EAs. When Im ready with a good one, it is out for sale.
Why should I trade with $5k or $10k if I can make $200k /month or even a fraction of that ?

New traders should always be careful. Before making trade they should make a good plan to make money form this market.

New traders always need to gather a lot of information about trading. If a trader participates in trading without acquiring proper knowledge, he will never get a good reward from trading. Choosing a broker is very important for new traders. A good broker can lead a trader to success.

Every new trader should be very serious about their trading. Most of the traders lose their money because of their low knowledge and skills in trading. So, gather proper knowledge before entering into this risky market.

A trader should choose a regulated broker to trade in this market. Without a broker, no trader can trade in this market.

generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely,  we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful    

Before trading, you must be ready with your trading plan. It will help you make better decisions when you go live.

GeorgeBischof posted:
New traders should always be careful. Before making trade they should make a good plan to make money form this market.

Yes. A good plan can make you rich.

I do not prefer EA trading. However, it is good in term of trading psychology.

I don’t recommend new traders should use EA trading. Manual trading is best for them.

I don't recommend EA trading for both newbies and experienced traders. If there's a true working EA out there then everyone would've known it by now and everyone should be rich by now! Learn for yourself, make your own trading strategy, and trade manually.