DislikedLike many things in trading, EA's are blown way out of proportion....Ignored
I would respectfully disagree on some points. The purpose of ea's for me is that I have a day job which means I don't have the stress of trading full time or failure. 2nd, ea's are 100% more psychologically trained to be affective. I can't trade manually because I would be a basket case and cut wins short.; however I have no problem waking up in the morning checking to see the take. I do
agree that people do put there faith in these systems--- and blow out with ea's.. However, I also think that there a ton of lazy people out there that want a freebee and don't do the trading work necessary to build a successful ea. Ive been on this forum for 2 year and another for 4 ...I have offered training services for years. I have yet to have one taker.!. Not a single one - because I think most folks are just plain lazy. I hear newbees' saying they will do what it takes? BUNK. Are folks willing to study elliot wave patterns until there brains are fried? or
pivot points? or rsi? or turn their indicators upside down? or go through candle patterns to understand the best turns? or learn to program all possiblities of a trade and have the levels built into the ea? ...no, most are not; in fact - I would state that maybe 1 out of a 100 are. that's just the way it is. I certainly, understand why folks don't believe ea's work. Ive burned through so many that I have a file with over 100 mb of just stuff tested...but that is part of the price that others don't do. Most don't have a passion for trading or building ea's so they fail and they fail badly.