Manual trading and expert advisors

[mhmo2005]

I think that whoever has a manual trading strategy is much better than relying on the EA, as most of the EAs end up losing money Who agrees with me on that?

 

[cultabi]

you should use a mix of both (manual and EA Trading). If you do only manual trading, you might get more stress. If you do only EA trading, you might end up losing all your money. So, be smart and use both.

 

[Charles Agustin]

I must go for manual trading because I simply think expert advisor will put my tarding capital at stake. I cannot tolerate big risk with my small trading capital.

 

[Curioso]

I think it's best to master manual trading first, then use EAs for small tasks and, little by little, build a solid portfolio of EAs that work for you with little maintenance.

Cheers!

 

[ilyas79]

I think it's best to master manual trading first, then use EAs for small tasks and, little by little, build a solid portfolio of EAs that work for you with little maintenance.

Cheers!

can you advise good ea

 

[Fin_Trader]

It all depends on the quality of the strategy or advisor. After all, if your manual strategy gives positive results in trading and it can be automated, then you will get a very profitable advisor. But if you do not have your own strategy and you do not want to study market analysis, but just look for someone else's and profitable advisor, then you are unlikely to succeed.

 

[cgluvfx]

Manual trading's kowledge may be needed to manage EA.

 

[cgluvfx]

Otherwise too much relying on EA may be super risky as one doesn't know why their money is lost.

 

[avalsss]

I have tried a lot of advisors and in the end they merge there are no completely universal advisors. they are all for some point in the market.

 

[Fin_Trader]

Manual trading's kowledge may be needed to manage EA.

You are right. After all, any advisor is some kind of algorithm, only automated. And if you do not know or do not understand such an algorithm, you will not be able to correctly configure the advisor and optimize it for trading a certain pair. Therefore, the quality of such trading can be quite poor.