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Do you think the people who buy EA from the market are smart people or stupid people?

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Cuong Truong
4321
Cuong Truong  
  • 35%
    (24)
  • 33%
    (23)
  • 13%
    (9)
  • 19%
    (13)
Total voters: 69
Sergey Basov
2581
Sergey Basov  
In my opinion, this is the wrong question.
- Market - it is only a tool.
- You have to think - what to buy and why.

- Forex - for beginners casino, so it's fun.

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answer to mahmood0 (he removed the comment):

How about this?

You get an EA for one month for free...

you will test it in this while, you"ll pay for it if you enjoyed it,

------

I doubt that it will.
There are those for whom there will always be free.

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Автоматический трейдинг и тестирование торговых стратегий
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Andy Cruise
88
Andy Cruise  

Interesting question. I had to vote "I think my customers are smart".

But I do think that people that have no idea about  trading and start to buy EAs are stupid. We (well, more experienced traders) know that there's no such think as money making machine or holly grail. Every EA has it faults.

IMO, once you learn to trade, you can start to look for an EA that will help you in your trading style. This sounds smart to me :) 

Ovidiu Caslariu
7845
Ovidiu Caslariu  
Why would they be stupid to buy something that prove some sort of strategy and earnings? It's a choice and agreement upon a common point of view.
ADRIAN MATUSIAK
1175
ADRIAN MATUSIAK  

It all depends... I would ask does sellers are honest here. 

 In my opinion if seller doesn't have any signal provided, then it is not trustful.

 

I use my robots on investment fund that I manage. What's more, I also provide real signal with +$100 000,00 on account of real money.

 

Buyers still believe in magic, or in enormous backtests... no comments on that.  

Md. Shahadat Hossain
614
Md. Shahadat Hossain  
i dont use EA at all, i odnt think one fixed formula can trade for long time, bc market will have new movement / dimension so programed  ea cant react to new situations, so better to learn trading manually and trade or copy or invest in other professional traders who trade with own money not in cent accounts.
Marco vd Heijden
Moderator
4753
Marco vd Heijden  
Md. Shahadat Hossain:
i dont use EA at all, i odnt think one fixed formula can trade for long time, bc market will have new movement / dimension so programed  ea cant react to new situations, so better to learn trading manually and trade or copy or invest in other professional traders who trade with own money not in cent accounts.

Of course they can.

You can make them adapt faster to new situations then you can adapt yourself.

The problem is that only so few EA are written/designed in such way.

Foreks Durum
1588
Foreks Durum  

I have used several EA until now.

Also I spent too much money for them more your imagination.

EA trading is totally near garbage ..

I can prove it.

I have too much EA. But no profit...

Marco vd Heijden
Moderator
4753
Marco vd Heijden  

Well maybe you didn't write the right one...

Foreks Durum
1588
Foreks Durum  
Marco vd Heijden:
Well maybe you didn't try the right one...

I have tried almost all EA in the market :)

Marco vd Heijden
Moderator
4753
Marco vd Heijden  

Define: tried.

How many did you design ?

Do you have a flow diagram ? for all of them ?

Maybe you mean,

Foreksdurum:

MARKET BOUGHT EA trading is totally near garbage ..

I am interested to know the number of EA's that you tried before finally realizing this, and the method of trying as well.
12
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