As a result of me sharing my entire 36 years of experience mainly to benefit the retirees and pensioners looking for passive income as well as for using demo trading as a brain exercise, the feedback I get is like this:
1. My lessons on Practice Regimen: Have you done anything about it?
A: Sorry, I have no time to do it.
2. My suggestion on finding free Experts or Mentors with at least 15 years of experience to act as guides free of cost, not as paid teachers or coaches:
A: Sorry I am lazy enough to do that even though you have provided a 10-minute checklist to find them.
3. If you don't want to be a self-directed trader, at least become proficient in executing transactions on the MT4 platform: Understand what is Lot management, risk controls, breakeven, trailing stop, TP, Equity, Margin management, etc.
A: Sorry again, I feel lazy enough to do that.
4. I have mentioned about EAs managing trade execution, why don't you try them?
A: Sorry again, the idea does not appeal to me.
But I do want EA. Yes, Yes, please I want it badly.
5. Why do you want EAs? Do you understand any logic or strategy of trading?
A: Well, my understanding is that EAs do all that.
6. EAs can do all that. Agreed. But will you do some backtesting or forward testing?
A: Sorry again. No, I have no time for that. So many FF members are already doing that. Why should I?
7. Do you want the EA for entertainment or making money?
A: Some answers: I want entertainment. A few want both.
8. Do you want to put real money betting on EA?
A: Money I have. Yes. If I have to make a choice between using money and time. I would choose money.
A few people said they are interested in pure entertainment using demo trading EA and this question does not apply to them.
The conclusion is this:
I want to have money without learning how to make money. It is as simple as that.
It is for THEM or those who want to trade like "driving a car without knowing how a gearbox works"
I am setting up this thread on sourcing Indicators and EAs which can address this crowd of easy money seekers or "effortless success."
To begin the ball rolling, I am providing a free EA with mql to act as a building block for learners and traders of all levels: Beginner, Intermediate and Advanced.
I would welcome EA developers to post their EAs here for feedback. Those who will post mql file can expect to get better feedback and from experienced traders.
1. My lessons on Practice Regimen: Have you done anything about it?
A: Sorry, I have no time to do it.
2. My suggestion on finding free Experts or Mentors with at least 15 years of experience to act as guides free of cost, not as paid teachers or coaches:
A: Sorry I am lazy enough to do that even though you have provided a 10-minute checklist to find them.
3. If you don't want to be a self-directed trader, at least become proficient in executing transactions on the MT4 platform: Understand what is Lot management, risk controls, breakeven, trailing stop, TP, Equity, Margin management, etc.
A: Sorry again, I feel lazy enough to do that.
4. I have mentioned about EAs managing trade execution, why don't you try them?
A: Sorry again, the idea does not appeal to me.
But I do want EA. Yes, Yes, please I want it badly.
5. Why do you want EAs? Do you understand any logic or strategy of trading?
A: Well, my understanding is that EAs do all that.
6. EAs can do all that. Agreed. But will you do some backtesting or forward testing?
A: Sorry again. No, I have no time for that. So many FF members are already doing that. Why should I?
7. Do you want the EA for entertainment or making money?
A: Some answers: I want entertainment. A few want both.
8. Do you want to put real money betting on EA?
A: Money I have. Yes. If I have to make a choice between using money and time. I would choose money.
A few people said they are interested in pure entertainment using demo trading EA and this question does not apply to them.
The conclusion is this:
I want to have money without learning how to make money. It is as simple as that.
It is for THEM or those who want to trade like "driving a car without knowing how a gearbox works"
I am setting up this thread on sourcing Indicators and EAs which can address this crowd of easy money seekers or "effortless success."
To begin the ball rolling, I am providing a free EA with mql to act as a building block for learners and traders of all levels: Beginner, Intermediate and Advanced.
I would welcome EA developers to post their EAs here for feedback. Those who will post mql file can expect to get better feedback and from experienced traders.
Practice makes a person perfect