Expert Advisor Bot or Manual Trading? | Forex Factory

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Expert Advisor Bot or Manual Trading?

  • #1
  • First Post: Dec 20, 2011 7:23pm Dec 20, 2011 7:23pm
Hello traders, what do you think are the success rate of Manual Trading and Expert Advisor Bot Trading? And how do you find the differences?

Is there any trader who are successful trading through EA autobot?

Or do you think manual trading is much preferred as we do not know what might happen to the market?

What are your views?
  • #2
  • Dec 20, 2011 9:25pm Dec 20, 2011 9:25pm
You must have programming skills and be able to modify, customize the EA in order to trade successfully with bots. Otherwise just trade manually.
  • #3
  • Dec 22, 2011 2:50am Dec 22, 2011 2:50am
I do not believe EA robot, just trade manual and use stop loss ,

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  • #4
  • Dec 22, 2011 9:45am Dec 22, 2011 9:45am
Quoting dvc11
Hello traders, what do you think are the success rate of Manual Trading and Expert Advisor Bot Trading? And how do you find the differences?

Is there any trader who are successful trading through EA autobot?

Or do you think manual trading is much preferred as we do not know what might happen to the market?

What are your views?
I think both manual trading and mechanic programmable systems can lead to good returns.
Take paul tudor jones as an example for manual trading, and richard dennis for mechanical trading (although he never programmed his system).

I for one like automated trading. It's emotionless and will play out the edge over time as long as I put that system on.
  • #5
  • Dec 22, 2011 9:57am Dec 22, 2011 9:57am
Quoting Custos
I think both manual trading and mechanic programmable systems can lead to good returns.
Take paul tudor jones as an example for manual trading, and richard dennis for mechanical trading (although he never programmed his system).

I for one like automated trading. It's emotionless and will play out the edge over time as long as I put that system on.

"although he never programmed his system"

so basically you are suggesting people compare one trader who manually trades with another trader who manually trades.

wow.
Congratulations ScalaFX for coming out of the closet!
  • #6
  • Dec 22, 2011 10:17am Dec 22, 2011 10:17am
Quoting nubcake
"although he never programmed his system"

so basically you are suggesting people compare one trader who manually trades with another trader who manually trades.

wow.
well, but his system is programmable, that's all I am saying, because it is mechanical.
  • #7
  • Dec 22, 2011 11:45am Dec 22, 2011 11:45am
Hello traders, thanks for sharing your views. Anyway, happy holidays ahead to you all and your family! Cheers! :-)
  • #8
  • Dec 23, 2011 7:44am Dec 23, 2011 7:44am
i guess it all depends on what suits you best. if you go for an ea, its better to have the option to program it to suit your style of trading, and manual trading is a lot more exciting and nerve wrecking at the same time.

and happy holidays
  • #9
  • Last Post: Dec 23, 2011 8:30am Dec 23, 2011 8:30am
I have no problem with EA, just make sure when you trade with EA you know what the method does the EA use as well as the money management.

But if you ask me EA bot or Manual trading, then the answer is manual trading.
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