My name is Jared. I stumbled across EA Forex Academy searching for a second opinion on EA.
I am a beginner in Forex, EA, and trading in general and was hoping for your advice.
Just over a month ago I subscribed to an EA algorithm provided by an online company. I’ve been testing their EA on a demo account via MetaTrader 5, but have not been seeing very positive results. At first, I noticed I made mistakes (according to their advice), but after ironing out errors, my account balance was still dropping with trades I placed which went against EA probability in the end. Granted the instructors did say it can be wrong 30% of the time, but I’m just not satisfied with the efficacy of the algo, or if I’m still missing important skills.
I therefore asked that company forum for advice and mentorship to assist me in my trading journey. They either ignored, downplayed the need for mentorship, or suggested I pay hundreds more to attend seminar to improve my trading on their system. I’m sceptical doing so given that I’m already not seeing results in its basic form, let alone in more complex ways.
Hence I’ve been looking for a second opinion and found you guys. Could you advise please for the absolute beginner, what path I should take on this site to learn, apply EA, and excel to become more professional, and if you provide mentorship alongbtge way?