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Originally Posted by zuijlen
It's funny that this discussion is considered worth being a sticky thread, considering that this site is primarily devoted to Expert Advisors. I'm sure the advise is well-meant, but it portrays a romantic, almost puritan view of trading: it has to be hard or it will not work. Beware of the spectre of Automation!
The most important advice (free, so don't trust it!) I have ever read is that you have to find a method that fits your personality and that you are comfortable with. Whether it is discretional or mechanical doesn't really matter, as long as you have a well-defined trading plan (as somebody already pointed out) and stick to it.
I'll readily admit that according to the first post I shouldn't be trading. I would fail miserably when asked for today's support and resistance levels!
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Good post. Thanks.
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Originally Posted by zuijlen
It's funny that this discussion is considered worth being a sticky thread, considering that this site is primarily devoted to Expert Advisors.
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I was getting a lot of PMs every day concerning EAs and i recognized that people are having a lot of illusions concerning EAs' trading. They think that it is much easier to trade using EA than manual trading. But it is not. So this thread is helping to avoid some illusions.
That is why I did this thread to be sticky immediately when this thread was started. And many members posted very good messages on this thread.