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why 90% of EA loss money
i have use EA for 1 years, and find out most of the EA lossing , because those EA chase the trend instantly , that is chase trend EA, which can profit only on strong market ~~
but however the market 80% of the time is being weak
and many EA use a very wide stop loss e.g. 2000pips of eurusd and short tp such as 20 pips , which is easily stop out by broker house for those account below 2000usd (0.1 lot)
ATC 2008 nub 1 EA is a middle term investment EA , which take profit is 460 pips, although it TP is long , but when the price is linger at a fixed range, it will lost lots of chance to enter market, when hold a position for a long time
so a best EA is to determine the market now is being weak (price fixed at a range ) or being strong(to chase the trend break-out system) ~~
what do u think ?
Last edited by chiwing; 07-12-2009 at 04:35 PM.
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