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Manual trading
Jul 19, 2020 zamanından beri üye
751 iletiler
Jan 27, 2021 at 12:46
Jul 19, 2020 zamanından beri üye
751 iletiler
It is better to trade manually. Yes you could use EA for execution trade for any specific price. I mean for pending order. But fully automated is not a good idea. Fear of losing opportunity is one of the destructive fears in trading. It also similar to fear of losing money. Even it's more severe. It's Not a good idea to force yourself in order to make more money.
Jul 23, 2020 zamanından beri üye
759 iletiler
Jan 28, 2021 at 11:23
(Jan 28, 2021 at 11:23 düzenlendi)
Jul 23, 2020 zamanından beri üye
759 iletiler
forextrader777 posted:EA trading is also good for trading without emotion. If you can make an EA with profitable trading strategy, it will be easy to trade.
The main thing that a human forex trader has which an automated trader doesn't is a brain. Where an automated trader can only execute decisions based on the scenarios that are programmed into it, a human can understand everything that is going on and process it together.
So, I too believe that manual trading is a better option.
Dec 01, 2020 zamanından beri üye
20 iletiler
Feb 04, 2021 at 07:57
Dec 01, 2020 zamanından beri üye
20 iletiler
Yes, I agree. I am also a fan of manual trading more than automated trading.
Dec 16, 2020 zamanından beri üye
5 iletiler
Mar 04, 2021 at 12:20
Dec 16, 2020 zamanından beri üye
5 iletiler
I think both manual and automated trading are great. There is less chance of encountering your emotions with automated trading but manual allows a person to trade with complete control.
Jul 23, 2020 zamanından beri üye
869 iletiler
Mar 05, 2021 at 03:34
Jul 23, 2020 zamanından beri üye
869 iletiler
I also prefer manual trading. Traders can develop through learning and practice.
Apr 01, 2020 zamanından beri üye
231 iletiler
Mar 25, 2021 at 01:47
Apr 01, 2020 zamanından beri üye
231 iletiler
Manual trading is best because we can control our trade and manually trade Forex.
Oct 16, 2020 zamanından beri üye
137 iletiler
Mar 25, 2021 at 10:53
Oct 16, 2020 zamanından beri üye
137 iletiler
Manual trading is way better. You can not always rely on an EA to produce profits for you.
Nov 03, 2020 zamanından beri üye
65 iletiler
Apr 06, 2021 at 09:11
Nov 03, 2020 zamanından beri üye
65 iletiler
Manual trading has advantages in soybeans because you can easily react to market volatility.
Jul 27, 2021 zamanından beri üye
20 iletiler
Sep 24, 2021 at 10:48
Jul 27, 2021 zamanından beri üye
20 iletiler
This is an eternal argument and it will go on forever. For the reason that there is always a trader who will manually trade better than the best advisor. The human brain is the best tool.
Use what you like, because there is no point in arguing which is better, like an automatic car transmission or a manual one.
Use what you like, because there is no point in arguing which is better, like an automatic car transmission or a manual one.
Sep 15, 2021 zamanından beri üye
9 iletiler
Sep 24, 2021 at 11:24
Sep 15, 2021 zamanından beri üye
9 iletiler
Do what you prefer. I prefer automated because I can back test a new strategy in minutes but if you prefer manual then go for it. Just accept that it may take longer to test new strategy
Jul 19, 2020 zamanından beri üye
788 iletiler
Sep 24, 2021 at 16:53
Jul 19, 2020 zamanından beri üye
788 iletiler
I also don't understand why manual trading is the best. Why wouldn't it be better to trade differently, I need money-making it can come anyway.
May 11, 2020 zamanından beri üye
21 iletiler
Sep 27, 2021 at 20:25
May 11, 2020 zamanından beri üye
21 iletiler
This matter is quite subjective. I personally think that it is better to automate trading as mch as it is possible. I feel that the computers are much better in making decisions because they are unbised and precise along with the fact that they are faster. However, it is really hard to create such a system which will be absolutely independable from a human being. THere are lots of trading bots which are available nowadays, but they are effective only in certain situations, like some of the robots are good when the trends are strong and absolutely useless and harmful during flat market and vica versa. So, a human should still controll these robots in order to make their trading results better.
Jul 27, 2021 zamanından beri üye
20 iletiler
Sep 28, 2021 at 11:05
Jul 27, 2021 zamanından beri üye
20 iletiler
Yes, perhaps you are right and a lot of things that are related to the trading routine... let's say, it would be easier to automate these processes. I have been trying to automate my trading system and achieve a stable result for a long time. And sometimes I go back to manual trading to dive into the market, movement and move on.
Jul 20, 2020 zamanından beri üye
399 iletiler
Sep 29, 2021 at 14:50
Jul 20, 2020 zamanından beri üye
399 iletiler
Lionkingdom posted:
It is necessary to have experience in manual, this is a must. If you have at least 3-4 years of experience, it will be much easier for you to understand the work of robot system. Those who start right away buying a ea without any knowledge will surely lose.
I think so too. Its key for you to understand why a trade is been taken if you dont you will find it hard to succeed with a bot
Feb 08, 2019 zamanından beri üye
213 iletiler
Sep 29, 2021 at 19:33
Feb 08, 2019 zamanından beri üye
213 iletiler
Manual first is a must. then maybe use an EA later to replicate your manual trades
Jun 16, 2020 zamanından beri üye
57 iletiler
Sep 30, 2021 at 09:11
Jun 16, 2020 zamanından beri üye
57 iletiler
I feel traders should put great emphasis on learning more about manual trading rather than relying on automated trading. Manual trading teaches you how to read market movements and patterns, and strategize accordingly.
Mar 28, 2021 zamanından beri üye
617 iletiler
Oct 03, 2021 at 08:16
Mar 28, 2021 zamanından beri üye
617 iletiler
Not just basics knowledge, we need deep understanding of the market. For that we need to develop knowledge and skills.
Aug 05, 2021 zamanından beri üye
401 iletiler
Oct 04, 2021 at 00:24
Aug 05, 2021 zamanından beri üye
401 iletiler
I’ve always been too skeptical to use any EAs. I’m sure there are good ones out there, but I have too much anxiety to just walk away and trust it.
Apr 09, 2019 zamanından beri üye
538 iletiler
Oct 05, 2021 at 14:11
Apr 09, 2019 zamanından beri üye
538 iletiler
I've used EAs and personally it pushed me to learn forex better so I could more effectively trade manually. I much prefer the latter now.
If you can't spot the liquidity then you are the liquidity.
Mar 17, 2021 zamanından beri üye
536 iletiler
Nov 04, 2021 at 18:12
Mar 17, 2021 zamanından beri üye
536 iletiler
Lionkingdom posted:Yes. Proper confidence in your trading can make you rich
Confidence also comes after you learn more about the market. Understanding the market will also affect how you use the EA.
The robot will only do what you program into it. That is, his work depends only on you. I have not yet met a EAs that would open trades using a random sequence.
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