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Some traders like to use manual trading and some traders like to use EA in trading. What is your opinion about these condition? Do you like to trade with manual trading or using EA and why do you like to use one of them? Share your opinion and experienes here...
There are many EA's in the market which have same nature or some changes in them. The point is, try some EAs and you will know the result. In my opinion, EA will wipe your account at one stage. So, its better to go for manual trading and improve your trading skills by this.
i prefer use manual trading, always than i use EA, and i have a reason for it...Quote:
Originally Posted by wolfkamikaz
with manual trading it means that we always get practice again and again and with this i can develop my system and strategies and then i can make EA by myself...if necessary..
manual trading is a good way to develop, grow up our skills and ability..
I think the Robot contains strategies not change but the market changes so much manual is much more effective we can use robots but you have to choose well
No - i dont think performance of EA can be even near to an experienced forex trader, if am afraid that they act on mechanically on predefined instructions and so cannot take right decisions as per market requriements. For e.g. if i trade in gold and see panic in silver i can be alert instantly and take safety measure as that will affect gold sentiments also, but i dont think a robo will do that.
I like to trade manually because still I have not experienced the trading with EA. In my opinion a trader should first learn all about forex trading and when he learned A_Z about forex then he should try the EA trading. I don't suggest a beginner to start trading with EA.
Hmm i agree!Quote:
Originally Posted by cumil
We cannot give our account to someone else to trade, as we shall be incertain what the other will do with our account and it will keep us unrested, and we are happy by trading our own because in case of mistakes we learn from them. Then how can we give our account to a program that we know is going to work on pre-feeded instructions.
i love to do manual trading, to improve self in this business. but i also believe there are many robots which are doing great in this business though most of them are paid ones. I havent tried any of those yet but ho[pe will try them someday in the near futureQuote:
Originally Posted by wolfkamikaz
I prefer to trade manually based on my analysis and study and have confidence on my skills and abilities so I do not trade with robot as they can not trade in uncertain markets and react to news updates.
Actually i would like to use the robot for trading and make profit out of it, but i am not sure whether the EA which i purchase works fine or not. Also EA is not sensitive to the news release which makes it more pron to loss during news release.