Quote:
|
Originally Posted by forextrend
I have being trading for a while and have visited a lot of forums but one thing always puzzles and that is:
I read about both a lot of newbies and seasoned traders chasing the holy grail in Expert trading, do not get me wrong all is good but what happened to manuel trading.
Also is anyone trading with real money.
I ask this because Experts i have examined loss money.
With me i really do not beleive entrusting my trading profit to an automated system because this trading business is filled with "Sharks" that are on the other end/side with your broker and they know when you are using an automated expert and therfore they will make sure it fails.
A word to the wise is enough:
Trading is the most perfect business for any man, but with any business you have to watch your money.
Many are called but few are chosen
|
There are several opinions about it:
- first opinion: traders can increase the deposit by manual trading only. EAs will lose the money anyway anywhere;
- second one: Nothing can be profirable forever because the market is changing the no manual trading systam and EA which can be profitable firever. We should improve the systems and EAs to the with the market.
- EAs can be profitable forever. Manual trading is nothing because when we are trading manually we are able to do a lot of mistakes because we are human beings. EAs are the automats, robots.
and so on.
So, there are many opinions about it but I know that people are trading using EAs with some good results. But they improve EAs all the time concerning the settings etc.
As to the brokers so they are having the same policy for the traders and it's up to the broker. I do not think that they will watch each particular trader to prevent his trading.