Trading manually or with auto EA?

<p>Automated trading robots can only make trades based on scenarios that have been programmed into them, whereas humans who trade manually can take into account everything that is going on including market conditions, and combine it all together.<br></p>

<p>Traders who use Expert Advisors prefer fully automated trading over semi-automated trading. Traders with experience choose manual traders more often than other traders. Short-term traders use EAs more often than long-term traders.</p>

<p>The process of manually trading involves human decisions rather than relying on computers and algorithms to enter and exit trades. Technology and programs are often still used by manual traders to assist them in their trading decisions. There are pros and cons to both manual and automated trading, and it's up to the individual to decide which works best for them.</p>

<p>Trading manually or with an automated expert advisor (EA) both have their advantages and disadvantages.</p><p>Manual trading allows for greater flexibility and control, as the trader is able to make decisions based on their own analysis and intuition. However, it also requires more time and effort and can be subject to emotional biases.</p><p>Auto EAs, on the other hand, can execute trades based on pre-programmed rules and algorithms, which can save time and reduce emotional bias. However, they can also be limited by the quality of their programming and may not be able to adapt to changing market conditions as well as human traders.</p><p>Ultimately, the choice between manual and auto trading will depend on the trader's preferences, goals, and level of experience. Some traders may prefer to use a combination of both, using an EA to execute trades while still maintaining control and oversight of the process.</p>

<p>If you are someone who is still learning or who doesn't have much time to devote but still wants to earn extra profit then I would recommend you to go for automated trading. As for that, you don't need to dedicate a lot of time and energy to figuring out your strategies because the software will do that for you. But if you are serious about trading and want to enjoy the benefits of forex trading you should try manual trading. It would be difficult in the beginning but once you work on your trading strategies and risk management thoroughly you can definitely earn plenty of profits.</p>