LEVI

a couple of guys approached me to help them with thier trades, they used EAs and lost thier money.

long story short I gave them all the tools I use to win a trade, still they have managed to lose thier money.

I lost lots of money before i was able to gain any, and what works for a trader may not work for another

The guys who did the previous posts are well respected professional traders and I add my comments here to back up what they have said, don't trade EAs

if your serious about this, then take your time on the demo account, till you understand the market, read books view the news, most important trust no one but your self in taking a trade decision

99.99% of the indicators and EAs fails and will continue to fail because the market is run by people not machines and we can't build an indicator or EA to trade human reaction to the price movement

Those indicators which later create an EA were created by mathematicians so there is logic in there, and techinical + fundamental (news ) trading is a valid method of trading and will make you moeny but you need time to understand that and to master the tools (indicators) to your advantage , but don't forget that these tools will tend to fail from time to time because they can't simulate human

Regards
Alan

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