DislikedThanks for asking. All is well by me. Last week was a very big week for me and I am just sitting back and absorbing.
This thread has taken on a life of its own and has gone in a direction that was not intended. I am not of the belief that you can rely on an EA to achieve financial security. You must be emotionally and psychologically attached to the market and the EA takes a major part of trading rewards away.
What I read and read and read over a lot of times is that a trader has to choose his method and stick to it , this is what I do , I search for a method that is simple and efficient , then I backtest it and stick to it...using an EA No emotion, no greed, no fear since all psycological aspect are avoided.
But this doesn't mean that it's a simple set and forget way to trade. One have to search for best settings, adapting these settings to the changes of the market, so it isn't so simple as it could appears.
Another reason could be that most of time a trader is not a full time trade so he cannot track the trades due to his job or due to different time zone (he's sleeping while UK and NY sessions are opened), and in these case could be really useful to get an EA that manage the trades.
Anyway Tkimble since you don't like how the thread is going with EA discussion, I will stop now here from further discussion and release about Daily Scalping EA and I apologize with you if this caused trouble to your thread
Happy (manual or automated) trading