View Single Post
  #10 (permalink)  
Old 07-03-2009, 10:46 PM
Ms_Mel Ms_Mel is offline
Senior Member
 
Join Date: Sep 2007
Posts: 121
Ms_Mel is on a distinguished road
Quote:
Originally Posted by Hilzfuld View Post
Do you think Auto Traders are a legit way of trading or a scam?
Maybe I'm not understanding your question right, but autotrading simply means using an Expert Advisor (EA) which you install on your computer and use with MT4, for example. The EA will automatically do certain things, based on certain parameters which you decide (enter when moving average crosses, exit at TP or SL), etc.

So find a good EA, test it to death, then use fully automated or semi-automated (for example the EA enters trades but you manage them afterwards).

Hope this helps and if that wasn't your question, I'm sorry. Please rephrase and it will be my pleasure (and others I'm sure) to help.

Happy trading,
__________________
Profitable trading starts here:
http://forexleader-forexleader.blogspot.com/
Reply With Quote