The increasingly sophisticated technology makes a lot of people more like forex trading. There are several things that make a lot of people interested in this online forex trading, one of which is the use of EA or Expert Advisor or better known as the robot trading. Where the use of this EA can simplify your transactions because your transaction runs automatically without requiring you to be in front of the computer to make transactions.
One of the things that makes your robot successful is using the virtual private server (vpn), with the use of this vpn to make trading run automatically for 24 hours. It is this convenience that then makes a lot of people who do not have much time to pay attention to the chart carefully becoming interested in doing online forex trading.
Although many are still interested in trading in a manual way, but many of the convenience of using this EA makes traders begin to glance at trading robots / EA in doing the transaction.
Actually trading manually has many advantages, it is more flexible. By doing independent trading we can follow a more stable price in the forex market, so when a trader knows there is a mistake in his trading he can fix it quickly, or in the worst case get out of trading as soon as possible.
Traders with high flying hours generally have their own way and technique to handle this problem, but what about some beginner traders who are still vulnerable to trading emotions? This is why the trading robot or EA is the solution for those who are still new to this online forex trading. This is because the advantages of this trading robot that can make the trading situation becomes much more disciplined and far from psychology and greed.
When you use a trading robot or EA then automatically position will open immediately because there is no buy or sell orders first, this is because in EA has embedded orders when buy and when to sell according to the desired situation. Auto pilot or peer 2 peer system that is prepared some brokers will make trading more facilitated by the system and also existing siyal. All traders must do is determine where and when the trading robot or EA is activated.
When to use EA and when to trade manually?
If you have enough time to monitor price fluctuations in the market, then you should not have to use EA because it will add laziness and not add any skill in yourself. But if you do not have much time to monitor price fluctuations in the market then you can use a trading robot or EA in your trading run.
But that does not mean you are handing over all your trading to a trading robot or EA, you also have to spend enough time to learn how the EA is moving, when to open position and when to close position.
Included also tips and basic knowledge about forex analysis and trading. Forever EA will always be true and there is also a period where the robot trading will be an error because the market fluctuations are really amazing.
At times like this should you return to your manual trading, because as good as the trading robot will lose to the fluctuating market situation that will disrupt your trading / EA robot.
But for those of you who really want to make transactions using a trading robot / EA, then you should take the following steps before you actually plunge into real trading.
Test your trading robot or EA into your strategy tester so you can see how far your trading robot works.
Currency pair and history within the last one month will really help you in doing back test.
Do not forget to include data in M1 so that your back test results more accurate and use a long period of time in order to get accurate data accurately, the minimum time used is 1-3 years
When the trading robot or EA you are testing turns out to crash, do not once use your trading robot in a real account because of its imperfect condition.
One of the things that makes your robot successful is using the virtual private server (vpn), with the use of this vpn to make trading run automatically for 24 hours. It is this convenience that then makes a lot of people who do not have much time to pay attention to the chart carefully becoming interested in doing online forex trading.
Although many are still interested in trading in a manual way, but many of the convenience of using this EA makes traders begin to glance at trading robots / EA in doing the transaction.
Actually trading manually has many advantages, it is more flexible. By doing independent trading we can follow a more stable price in the forex market, so when a trader knows there is a mistake in his trading he can fix it quickly, or in the worst case get out of trading as soon as possible.
Traders with high flying hours generally have their own way and technique to handle this problem, but what about some beginner traders who are still vulnerable to trading emotions? This is why the trading robot or EA is the solution for those who are still new to this online forex trading. This is because the advantages of this trading robot that can make the trading situation becomes much more disciplined and far from psychology and greed.
When you use a trading robot or EA then automatically position will open immediately because there is no buy or sell orders first, this is because in EA has embedded orders when buy and when to sell according to the desired situation. Auto pilot or peer 2 peer system that is prepared some brokers will make trading more facilitated by the system and also existing siyal. All traders must do is determine where and when the trading robot or EA is activated.
When to use EA and when to trade manually?
If you have enough time to monitor price fluctuations in the market, then you should not have to use EA because it will add laziness and not add any skill in yourself. But if you do not have much time to monitor price fluctuations in the market then you can use a trading robot or EA in your trading run.
But that does not mean you are handing over all your trading to a trading robot or EA, you also have to spend enough time to learn how the EA is moving, when to open position and when to close position.
Included also tips and basic knowledge about forex analysis and trading. Forever EA will always be true and there is also a period where the robot trading will be an error because the market fluctuations are really amazing.
At times like this should you return to your manual trading, because as good as the trading robot will lose to the fluctuating market situation that will disrupt your trading / EA robot.
But for those of you who really want to make transactions using a trading robot / EA, then you should take the following steps before you actually plunge into real trading.
Test your trading robot or EA into your strategy tester so you can see how far your trading robot works.
Currency pair and history within the last one month will really help you in doing back test.
Do not forget to include data in M1 so that your back test results more accurate and use a long period of time in order to get accurate data accurately, the minimum time used is 1-3 years
When the trading robot or EA you are testing turns out to crash, do not once use your trading robot in a real account because of its imperfect condition.
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