Kokomaster
Private, 1st Class
- Messages
- 101
No matter how strong your auto trading system will be whether it is news trading or technical trading, there should be manual control over it if we want to keep it less risky.
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EURUSD
Sergeant Major
- Messages
- 1,130
I have seen so many trader that using ea also they monitoring account manually, sometime using mobile platform and sometime ea indeed not work on news time, not all ea of course but almost because using technical parameter to trade while news impact sometime randomly
kingsman
Sergeant
- Messages
- 202
Well if they have to monitor manually then what is the benefit of using EA.
As far as I think we use EA so that we dont have to monitor all the time.This is best for those who are doing full time job as well.
EURUSD
Sergeant Major
- Messages
- 1,130
Yes manual monitoring is for take action for safety account when ea can't work according the trend market, in addition these ea working not based on good strategy to manage the risk, I am ever use ea but one mistake causing larger floating loss and not all ea can working well, but if ea already tested on few years and good performance might not necessary to manual closing
