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Hello Petko,
What I have noticed is that even having a good diversification I get more trades with few of my EAs. I guess they are more active and this way I still put more exposure to these assets, don’t I?
Hey Petko, such videos will be very useful! Even I am already familiar with EA Studio I would be interested to have such videos just to be sure I am not missing anything. Also, it will be helpful for the new traders.
I really like the Walk Forward Optimization. I think the idea is great and I will test it out as well!
Hello Richard,
it is normal that your broker does not have a lot of data at the beginning. This is with all of them.
You will need to keep your Meta Trader opened all the time and you will get the data. It will take you a couple of months.
The EAs that Petko provides(those that are exported with EA Studio) work with Open Price, so you do not need the tick data.
Absolutely right, Petko! I learned a lot from you and the strategy builders. Thanks a lot! I understand now that testing is needed all the time. Before I was looking for one EA that will bring me profits continuously, but its not real thing. Now I have the two accounts where I test in one Demo, and trade in one Live. I just need to improve it all!
The more I use EA Studio and FSB Pro, the more I see that there is such a variety in trading. So many different combinations of different indicators for the different strategies, for the parameters in each indicator and so many possibilities for trading different assets in one account.
Petko shows a lot in all of his courses, really a lot. In the beginning, I was wondering, why he did not make one course for all, but now I understand that it is not possible. 🙂
What the broker benefits when the leverage is 1:100 and when the leverage is 1:30, for example. What is the difference between the broker’s side?
I will advise you to ignore your strategies in manual trading and depend more on the strategies that the generator will show you.
At the beginning when I took the Mega Pack, I spent about a month to automate the trading strategies that I used in manual trading before that. They were showing losses, and I did my best to understand why. One day I just realized that those were not profitable.
The problem is that when we trade manually and we see a couple of profitable trades we start to believe in the strategy, which is very very wrong, and that is why many traders lose in manual trading, or at least they do not profit.
Do not get me wrong, I do not say that your manual strategies do not work, I just share my experience. 🙂
I believe everyone makes some losses at the beginning. The important is not to make it too dramatic, and to get crazy.