I have been trading forex for the past 5 years. For 3 years I traded manually and I lost allot of money and time. I finally automated my trades and the past 2 years have been awesome. Would love to hear from you on whether manual trading works in the long term.
Different approaches work for different people. I largely prefer to trade manually. Admittedly, my profits are often quite humble, but I still prefer to have full control over my trading.
care to elaborate differences between your Manual and Automated trading?
Although sometime I am curious with ea, but till now still only using ea along can online and indeed if good ea can work well and more discipline in trading, but also many ea causing failure, and almost my trades still using manual trading than using ea because I can control my risk in every plan trading
Because of low liquidity metals are too much volatile! But that doesn’t mean, you can’t use metals for short term trading style! But it’s not for general Forex traders! Only good skilled Forex traders can do so! On the other hand, long time trading style is much reliable than short term trading style in any instrument of trading, not only on gold and silver!
Manual trading is the best for me. It has helped me a lot in my journey of trading. Majority of traders do manual trading as automated trading is not reliable on longer terms.