Is it possible to trade with EA 1% a day?

<p>Trading with an EA that targets a consistent return of 1% per day is possible in theory, but it is important to approach such claims with caution. Achieving a consistent 1% daily return requires a combination of a highly effective trading strategy, robust risk management, and favorable market conditions. It is crucial to have realistic expectations about potential returns and risks associated with trading. Market volatility and the ability of the EA to adapt to different market conditions are key considerations. Proper risk management measures should be in place to protect against significant drawdowns and potential losses. Long-term sustainability and the impact of transaction costs and slippage should also be evaluated. Thoroughly backtesting and verifying the performance of the EA is essential before considering its use. While it is theoretically possible, no strategy or EA can guarantee consistent profits, and traders should approach trading with a realistic mindset and a focus on risk management.</p>

<p id="isPasted">Achieving a consistent 1% daily return can be challenging due to market volatility. Some days may offer favorable trading conditions that allow the EA to achieve the target, while other days may be less favorable or even result in losses. Market conditions can vary widely, making it difficult to generate consistent returns every day.</p><p>Maintaining a disciplined approach to risk management is crucial. Aiming for a fixed percentage return each day could potentially lead to taking excessive risks to reach the target. It's important to consider appropriate position sizing, stop-loss levels, and overall risk exposure to protect the trading capital.</p><p>Even with a profitable EA, drawdowns and losing periods can occur. It's essential to consider the potential drawdowns and evaluate whether the target of 1% per day is realistic and sustainable over the long term. Managing expectations and understanding that losses are part of trading is important.</p>

<p id="isPasted">Yes, it’s possible. But it would be a terrible strategy. Whether you realize it or not, you are asking for a strategy that maximizes your risk of ruin.</p><p>Imagine a strategy that lost 1 percent per day. How would you design such a strategy? You would take only long shots, ensuring that most of the time you lose that 1 percent per day. Your strategy would maximize the amount of money you win (if you win), would have a very low chance of ruin, but would deliver consistent losses.</p><p>In other words, it would look like buying a few lottery tickets every day. You would almost always lose a small amount. But if you win, you win&nbsp;big.</p><p>You are asking for the reverse of this strategy. That means, flipping the above around, your strategy will maximize the amount of money you lose (if you lose), have a very high chance of ruin, and deliver consistent gains.</p><p>So you have asked for a lottery in reverse where you risk large amounts of money to win small amounts of money. You will almost always win, but if you lose, you lose&nbsp;big.</p><p>So your question is asking for a strategy that maximizes your risk of ruin. Bluntly, I don’t think you understand what forex strategies do.</p>