Jonny, I do appreciate your updates and research, it’s helpful.
But I don’t think this EA surpasses Growth bot, don’t you think?
Jonny, I do appreciate your updates and research, it’s helpful.
But I don’t think this EA surpasses Growth bot, don’t you think?
first, I like to logic of taking trades by this EA, they send emails when to stay away from market, it is very importatant, sometimes I fallow it, sometimes not…
I am very satisfied so far with this EA, I think is worth trying
Jonny, I do appreciate your updates and research, it’s helpful.
But I don’t think this EA surpasses Growth bot, don’t you think?
I don’t think this is better than fgb allthough I cannot say for sure because I haven’t tested this one.
What I like to do is diversify my trading. I find it to be safer overall and more consistant. All robots at one point or another will experience drawdown. By running more than one I am minimizing the impact on my account. Currently I am running forex morning trade, and forex growthbot. I am seriously considering enigma.
With three or more robots trading it is easier for me to achieve my overal goal of 40% a month (2% a day)
Dear JK,
As you know we have the same Vision!
Could not aggree more with your approach and logic!
PippaRELLA
Dear JK,
As you know we have the same Vision!
Could not aggree more with your approach and logic!
PippaRELLA
you make me smile
what can I say great minds think alike
I ended today with EA at BE, I closed trades earlier, because dont like the overall market sentiment…buy I manually open some buys after breaking high, so I am + pips today. :41:
but the whole point of an EA is that it does it for you.
EA is a tool to earn money, you can let EA trades itself or you can sometimes monitor it and take action depends on market situation. No one EA is 100%, but I hope many can be profitable If they are used smartly (no trades during news, no trades when liquidity is low and so on) Sometimes you make good desicions, sometimes worse, last week I closed trade made by this EA at profit of 26 pips, but if I let EA trade I will finish with 60 pips of profit.,
Peter
Hello Qwertymyfx,
All EA’s have different approaches and strategies to Trading.
The expectation that there is ONE EA that will trade perfectly under all Market conditions is an unrealistic expectation.
Also, no matter what EA you choose to work with you must understand to the best of your knowledge how it operates.
With that said, you will always need to work with inputting different settings and customizing your EA so that it may perform at its best.
EA’s should be considered Expert ASSISTANTS and not Expert Advisors.
There are also times that are called “Black Swan” days like the Earthquake in Japan and 911 in the United States.
These catastrophic events are mirrored in the Global Economy i.e Forex etc.
If you are paying attention and monitering your EA you would probably be closing it down manually during such a course of events.
Just like the many people who are manual Traders refrain from Trading during such rare but Catastrophic days or even during August and December which are considered very bad Trading months.
The smartest thing you can do is study and look at and demo multiple EA’s until you find two or more (I am going for 4) that you like.
Let us say that each EA has the capability of earning 5%-10% per Month under tight conservative settings.
If you have 4 EA’s that are working well you could expect to achieve anywhere between 20%-40% per Month.
You also need to know about all the things that Manual Traders work with and a few more things like altering the Risk Mgt. Settings, Lot Sizes, Time differentials/GMT on some, Volatility Factors, as well as other safety profiles.
Once you dial in an EA you can usually expect to not have to be so hands on with it though you will always need to moniter it and the Market conditions.
You also need to learn which Brokers work best with which EA’s!
The more you study the Market, Forex and Manual and Synthetic Intelligence Trading the stronger you will be in applying these skills.
Hope this helps!
Warmest Regards,
PippaRELLA
got SL today -120 pips …
+70 pips today on eur-jpy
+30 pips Gbp-Usd
piparella, fair enough.
but having a portfolio of EAs can be hard work managing them all.
might as well learn to trade, no?
hmmm, seems to be going pretty good.
yop, the key is to avoid news
Haha, I think that’s the case with every EA.
love it
that’s what everyone was saying about fap tubo when it first came out.
DD is hight