Quote:
Originally Posted by AssetBuilder
If only I knew then what I know now.To tell you the truth, the day I stopped viewing forex as one big money pot, is the day I started making money from it. I use a robot to trade because I like the emotional detachment it brings to my trading. However I had to scale down my bot to very conservative settings so that I can sleep easy knowing I wont lose a lot of money overnight. It sure doesn't beat a successful manual system but it allows me to concentrate on other business ventures.
Warren Buffet makes 12-13% a year! I'm happy with my 6% a month. In forex, making returns of over 20-30%/Mo is considered possible but I'm yet to meet a retail trader whose done this over the years and has the records to prove it. The problem these kind of the returns is that the killer trade is always lying in wait....whether you are manual or ea trading.
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Have you found more success creating EA's yourself or using commercial EA's?