The main reason traders lose is because everyone thinks he can turn on the 99$ EA that he bought and it will turn him into a billionaire over night while he's playing golf.. The number of those that really do trade manually is in those 10% of winners..the rest try to trade manually, burn the account and then hear those demagogic definitions that they need to remove the human element from trading, that way they will be profitable. Well one news for you..unless you are living in the world of Transformers you will never be able to make something with EA or other trading algos. The only even remotely successful was HFT trading and I am reading news that are for banning HFT trading altogether.
No EA, will be able to supplement for traders experience and intuition.
No EA, will be able to supplement for traders experience and intuition.