Page 1 of 502 12 LastLast
Results 1 to 10 of 19

Thread: The most basic profitable trade system or EA for beginner

  1. #1
    I have spent 600 hours research and trade FX with several EAs but the outcomes are Very unsatisfactory after over 100 hours of backtests, finetune settings, demo, and live commerce. . .it discouraging and is depressing.

    There's no shortcut to profit and I am willing to study and work difficult.

    But can I ask all specialist traders to your mercy to discuss some EAs which is able to generate profit with low/controllable risk, appropriate for new trader to get started.

    I expect this this would help accelerate our learning curve and help me to pay the invoices.

  2. #2
    Quote Originally Posted by ;
    I favor manual trading! In addition, I know many successful Forex trader and most they are managing their live trading account manually! Manual trading is much dependable than EA trading.
    Which trading platform you're using? Could you please share?

  3. #3
    Such a thing doesn't exist. Stop wasting your time on loing EAs and profitable systems. There is nothing as a profitable system. There are profitable traders. It is up to the trader to create a system profitable, not the other way round. As soon as you have 10,000 hours chart period, you'll have a fantastic chance of becoming a profitable trader.

  4. #4
    Quote Originally Posted by ;
    I have spent 600 hours study and exchange FX with several EAs but the results are Very disappointing after over 100 hours of backtests, finetune settings, demo, and live commerce. . .it is depressing and discouraging. There is not any shortcut to profit and I am willing to work and study difficult. But may I ask expert traders for your mercy to share some EAs which is capable to generate profit with low/controllable risk, suitable for new trader to get started. I hope this this would help speed up our learning curve and also allow me to pay the invoices.
    If a truly profitable EA existed, I don't believe the traders will be spending much time on any forums. .

    Read through some of those Trading System threads and find a couple systems that attract your style. Mix and combine them until you feel confident and happy, then demo, back-test, or reside commerce to a heart's content.

    There is not any true holy grail in forex trading. The key to success is putting in the hours of constant learning, exploring, reading, and trading - which you are already doing.

    The learning curve is long, but the rewards and potentials are limitless.

  5. #5
    Manual trading is preferred by me! In addition, I know many successful Forex trader and most of they are managing their live trading account! Manual trading is significantly reliable than EA trading.

  6. #6
    Quote Originally Posted by ;
    I prefer manual trading! In addition, I know many successful Forex trader and most of they're managing their live trading account manually! Manual trading is significantly reliable than EA trading.
    Indeed.
    No robot could adhere to the Market.

  7. #7
    Theres lots of profitable and easy to use robots only look hard enough. Loe the ones with minimum drawdown and atleast a 60% or higher trade winning average. One was DragonExperts ea. You should test it out and dont forget to give credit to the creator

    https://forexintuitive.com/forex-tra...155-steps.html

  8. #8
    Quote Originally Posted by ;
    Theres lots of profitable and user friendly robots just look hard enough. Find those with minimum drawdown and atleast a 60 percent or higher trade winning average. One in particular that stood out to me personally was DragonExperts ea. You should check it out and dont forget to give credit to the creator https://forexintuitive.com/forex-tra...ormations.html
    I bought this EA, also attempted in demo, and live. Finally, it blown up my account.

  9. #9
    Quote Originally Posted by ;
    I purchased this EA, also attempted in demonion, and reside. Finally, it blown my account.
    Yes I understand thats what about martingale systems theyre risky like that but if you understand how to tweak them right especialy that the tp and sl's degrees then it becomes a more powerfull instrument. You should try to read up on MQL 4 or 4 a bit not the whole thing though cause which will take years to master. Just basic stuff such as writing simple scripts and modifiion of specialists and indiors. Especialy since you would like to use ea's which you didn't code yourself its just to protect yourself. Its a drag I understand but it will be well worth it if you make the time and effort to find out these things.

    Sincere SoreLoser

  10. #10
    Quote Originally Posted by ;
    I've spent 600 hours study and exchange FX with various EAs but the outcomes are extremely disappointing after over 100 hours of backtests, finetune settings, demo, and live trade. . .it is gloomy and discouraging. There is no shortcut to profit and I am ready to study and work difficult. But can I request expert traders for your mercy to share some EAs which is capable to generate profit with low/controllable risk, appropriate for new trader to get started. I hope this this would help speed up our learning curve and help me to pay the bills.
    Please share one with me as well. Thanks in advance.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information