Championship: Interview with Alexander Egorov

[Forex Trader]

On the website of the Automated Trading Championship 2006, the Interview with Alexander Egorov (https://championship.mql5.com/2012/en/2006) has been published. The developer did not reveal all secrets of his expert advisor, but he still told about his vision concerning automated trading systems:

While writing expert advisors, I knew from practice that trailing stop rarely pays off, one just loses one's profits. Though, it can be related to my experts, not to the real trading. I tried to use trailing stops instead of strictly set profit. It did not pay off.

The Automated Trading Championship 2006 is organized by the MetaQuotes Software Corp. and co-sponsored by Spacevision Switzerland SA, FXDD and Interbank FX LLC.