I am looking of a ea, with a small drawdown, give it this.
Please only free ea..
steve
Ignored
Steve,
Regardless of whether you use an EA or trade manually, the only way to absolutely guarantee a small drawdown is to find a br0ker who offers nanolots (1 cent/pip), and then trade tiny position sizes.
I know that's not the answer you're seeking. But return and risk are inherently proportional to each other, no matter what system you use. If you want to make a decent return, you must be willing to take commensurate risk, and then accept that drawdown is an inevitable consequence of statistical fluctuation, especially with automated systems.
It took me around 3 years to fully understand that there are no easy solutions in forex, no shortcuts to easy wealth. It's only when I embraced that fact, that I started to ask the 'right' questions.
An EA that's capable of delivering profit over several hundred trades and many years of changing markets is pure gold. Nobody is going to sell such an EA cheaply, let alone share it publicly on a forum like this. Ask yourself: why should they?
