What makes a Forex Expert Advisor profitable?

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  • 25% (1)
  • 0% (0)
  • 50% (2)
  • 25% (1)
Total voters: 4
 
Luck !!  and knowing when to  turn it on depending on market conditions , they all have strengths and not one can do it all . 
 
Victor Paul Hamilton #:
not one can do it all

I do not agree. As i am developer first and trader second, i cannot write random code and "hope" it will win.

Even poker algo's who claim to be random, are not.

The statement "95% of traders lose money" is an outcome.

If profitability is possible for some, then understanding the factors that separate the profitable minority from the losing majority may be more valuable than focusing on the statistic itself and call it "luck".

 
Ioannis Christopoulos:
  • Works on All FX Pairs
  • Works on All Timeframes
  • Works Across All Available History
  • All of the Above
you lacked the option: Diversification
 
Cristian David Castillo Arrieta #:
lacked
A strategy that survives ALL pairs, ALL timeframes, and ALL market cycles is naturally diversified, isn't it?
 
Victor Paul Hamilton #:
Luck !!

As we know, there are about 9 losing traders for each profitable trader in the financial markets. In contrast thereto, I hear that there are about 2.9 losing gamblers for each profitable gambler in the so called "prediction markets."

If I were a gambler, I would probably have a look at prediction markets. Technically, those event contracts are now CME listed futures in the U.S.─as wild as that may be. Therefore, you could still call yourself a "trader" I guess.

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