I personally am profitable at both manual or EA based trading, but the differences are:
A. An EA can send 10 orders at one time to a server: VS a Human who must manually place them by manually taking their time to put in the type of order, take profit and stop loss. [EA WINS].
B. An EA does not have to conduct technical analysis because its already hard-coded into the EA . VS a Human who must subject themselves to viewing a chart for hours. [EA WINS].
C. An EA frees up your time to enjoy life because it does all the work for you. (Think of it as your assistant). You can go out and just live while it does everything you would do if you were in front of the computer. [EA WINS].
D. We’re in the technology and information era, so the demand for algorithmic lifestyles are on the ascension. Most standard processes of society are being reevaluated to include algorithmic life experiences. A robot that trades for you is inline with this algorithmic demand and rise of social consciousness. [EA WINS].
E. If you work a 9-5, and you don’t have an EA, you’ll need to find time to include technical analysis throughout your work week, and on Sunday to prepare for Monday’s trading session. VS An EA that conducts the analysis for you throughout the week and on Sunday at 5pm, you’ll be able to work care free and have more time freedom. [EA WINS].
I no longer manual trade, and I feel like a heavy burden’s been lifted off of my shoulders. I feel great, and for this reason, I choose a well programmed [EA] over manual trading any-day.