Leading Forex, Trading, CFDs, ETFs, Stocks & Cryptocurrency forum in Nigeria & Africa

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    I have been following this thread from the beginning, and I really like how you have handled your process.Do you have any advice for someone who is just starting and feels overwhelmed by all the...

    Trace your path to profits

    Today,
    
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    Serious traders know that success in Forex cannot be completely automated.An EA can be a useful tool, but ultimately, human trader needs to intervene and make decisions based on intuition and...

    General questions about Expert...

    Today,
    
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    You're welcome, friend.Trading is both mental and technical.Knowing when not operating is as important as knowing when to do it.I'm glad to help you on your trip.Go ahead, you're on the right path!

    Trace your path to profits

    Today,
    
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    One thing that has always surprised me is how commercial EA tends to work "magically" well for a period of time when you just buy them.Then, when you have stopped paying so much attention and you...

    General questions about Expert...

    Today,
    
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    It is a very wise advice.I have always felt that "doing anything" is like surrendering, but seeing how you raise it, it makes sense.Forcing operations only leads to more losses.I will try to...

    Trace your path to profits

    Today,
    
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    The main problem with most commercial EA is that they are designed with a "sell, not operate" mentality.I mean, do you really think that a developer is going to sell a money for a few hundred dollars...

    General questions about Expert...

    Today,
    
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    Oh, we have all gone through days, believe me.My recommendation for those days is not to force trading.If the market is not giving you clear signs or operations are simply not working, it is better...

    Trace your path to profits

    Today,
    
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    Something that nobody seems to mention is the fact that commercial EAs are usually designed to take advantage of traders, not to help them.These developers know that most new traders do not have...

    General questions about Expert...

    Today,
    
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    I'm curious ... how do you handle the days when nothing just seems to work?I have had days where it doesn't matter what to do, everything goes against me.Those days make me question if I really know...

    Trace your path to profits

    Today,
    
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    I will be honest: many traders want rapid results and are not willing to put the necessary job to understand the markets.That is why commercial EA are so successful among rookies.They sell them the...

    General questions about Expert...

    Today,
    
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    I'm glad to hear that!Sometimes, less is, and focusing on the basics can make a big difference.I encourage you to continue simplifying your approach and stay faithful to your rules.Do not hesitate to...

    Trace your path to profits

    Today,
    
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    Another thing that bothers me from commercial EA is the lack of transparency.How do I know that they are not using a hidden Martingala strategy or some other high -risk method?Creators are rarely...

    General questions about Expert...

    Today,
    
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    I like your style, simple but effective.What you say about consistency makes me think of my own mistakes.I think I've been trying to go too fast.I will reduce my focus and concentrate more on risk...

    Trace your path to profits

    Today,
    
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    The reason why most experienced traders do not trust commercial EA is because we have seen what happens when the market is normal.EA are great in a predictable environment, but Forex markets are...

    General questions about Expert...

    Today,
    
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    Exactly, the key is consistency.Increasing the risk after a few winning operations may seem like a good idea, but if you do not maintain discipline, it can end badly.I always remember myself that...

    Trace your path to profits

    Today,
    
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    I cannot avoid noticing that many of those who defend commercial EA usually have little or no technical knowledge.Do you really trust your money to a code that you can't even audit?If you cannot read...

    General questions about Expert...

    Today,
    
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    Oh!That requires a lot of discipline, especially when you feel you are on a good streak.I have made the mistake of increasing the risk after a few profits, just to end up losing everything I had...

    Trace your path to profits

    Today,
    
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    Look, EA can be useful tools, but they should never be your only strategy.The problem with new traders is that they believe they can buy an EA and become rich without lifting a finger.That is a dream...

    General questions about Expert...

    Today,
    
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    Good question.After a winning streak, I maintain the same level of risk.It is easy to fall into the temptation to risk more when things are going well, but that can become dangerous.I prefer to...

    Trace your path to profits

    Today,
    
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    The problem of commercial EA is that they are designed for the "general" market.What do I mean by this?That they are made to function in common market conditions, but when things get difficult or...

    General questions about Expert...

    Today,