Which is more reliable btw Trading signals and EA

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Mark Olowokere
40
Mark Olowokere  
Hi everyone,

Am new to the metatrader platform and community and need more clarification on which is more reliable for me to use between Trading signals and EA. 

Pls someone share useful details or opinons

Thanks
Marco vd Heijden
Moderator
8148
Marco vd Heijden  

It depends, if you write your own EA then that would eventually become the most reliable method because well, you wrote it.

In other cases if you use someone elses EA or subscribe to a signal, then the reliability is equal to a visit to the casino. 

Mark Olowokere
40
Mark Olowokere  
Wow.... Thanks Marco. Thats a clarifing opinion.

Kevo266
5
Kevo266  
Can someone here teach me ho to trade
Marco vd Heijden
Moderator
8148
Marco vd Heijden  
Kevo266:
Can someone here teach me ho to trade

Hello you can find some introductions on Youtube, or you can look for some books as well.

Mark Olowokere
40
Mark Olowokere  
Kevo266:
Can someone here teach me ho to trade
Trading is about good instinct and strategy. Practice on a demo account to develop your skills and do some research on youtube before you start trading on a live account. Hope that helps
Alain Verleyen
36034
Alain Verleyen  
Mark Olowokere:
Please don't answer inside the quote.
Mark Olowokere
40
Mark Olowokere  
Alain Verleyen:
Please don't answer inside the quote.
Understood
James Anthony
120
James Anthony  
Trading signal is better because you win together and lose together. The bad thing Its more than 500 Subscriber is very dangerous.
Joel Simmons
3887
Joel Simmons  
James Anthony:
Trading signal is better because you win together and lose together. The bad thing Its more than 500 Subscriber is very dangerous.

I agree with Anthony. The only other issue with signals other than those who have 500 subscribers are the people who share using cent accounts. A $10,000 loss for you could be $100 loss for them. 

Mathis Jayden
48
Mathis Jayden  
True Simmons
12
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