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Thread: automatic trading

  1. #1
    Bullish samifx's Avatar
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    Default automatic trading

    anyone here has been successfull with automatic trading using Meta Trader?
    Sometimes not trading is the best trade at all

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Quote Originally Posted by samifx View Post
    anyone here has been successfull with automatic trading using Meta Trader?
    I've yet to see an EA that wont wipe your account apart from one I saw that was a private hedging EA that made very slow but safe profits.

    Before you ask me about it, it wasn't for sale or share and I didn't get a copy.
    Jafar Calley - Director
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    Default

    i agree with you..i used nebula's E.A. and it ended up wiping my account

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    Default

    It wiped out my account in record time. I wouldn't have lost that much if i had been trading myself

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Moral of the story..... Don't test things with a live account. :/
    Jafar Calley - Director
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    Bullish 24121's Avatar
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    Default

    Automatic trading very dangerous, as no mechanical system works on every market conditions. And if you identify a market condition then do not worth to let the EA go on the market, as it is changing very quick.

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    Default

    did anyone can give explanation why if we use EA on demo can give us profit and than if we use it on live give us MC ?

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Quote Originally Posted by rafid View Post
    did anyone can give explanation why if we use EA on demo can give us profit and than if we use it on live give us MC ?
    AN EA cannot adapt to a changing market. Chances are that if you used the EA on live at the same time the demo was making profit, the live would be making profit too. You just used the EA on the live account in market conditions not suited to the EA.
    Jafar Calley - Director
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    Bullish glockp10's Avatar
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    Default

    what is the best auto or manual trading???
    Try is not to learn but Try is to be experience
    http://tito-fx.blogspot.com

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    Default

    I think there are some profitable EA's in this world... but the owner won't share to public

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