Hey Guys,
So I have been forward testing an EA for about one month now (well more like a few weeks). And it has shown really impressive results. I was wondering, what should I expect to be different once I run this on a live account? I mean, if it has traded well on a demo (doubled my money in 2 and a half weeks), what will happen once it goes live, or at least, what should I consider? I know, usually if you do manual trading on a demo and try the same system on live...as long as it is not news trading etc....it usually has similar results, but I still have a icky feeling of letting a robot do the trading, and I still have an impression that most brokers dont want you to win. I guess I would also have a follow up question of which broker would be best to run it at. Obviously it has to be a MT4 broker, but I know GFT can also run EA's now (through a 3rd party program). So, I am up for any broker, especially if someone here knows the API of that broker and can "translate" the code...but that is getting to far ahead of myself. But yea, just looking for basic advice on the questions I just asked.
Thanks,
-Nip
So I have been forward testing an EA for about one month now (well more like a few weeks). And it has shown really impressive results. I was wondering, what should I expect to be different once I run this on a live account? I mean, if it has traded well on a demo (doubled my money in 2 and a half weeks), what will happen once it goes live, or at least, what should I consider? I know, usually if you do manual trading on a demo and try the same system on live...as long as it is not news trading etc....it usually has similar results, but I still have a icky feeling of letting a robot do the trading, and I still have an impression that most brokers dont want you to win. I guess I would also have a follow up question of which broker would be best to run it at. Obviously it has to be a MT4 broker, but I know GFT can also run EA's now (through a 3rd party program). So, I am up for any broker, especially if someone here knows the API of that broker and can "translate" the code...but that is getting to far ahead of myself. But yea, just looking for basic advice on the questions I just asked.
Thanks,
-Nip
Nothing is hard, some things just take more time and discipline.