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Old 2009-09-01, 12:59 PM   #328 (permalink)
Ken Long
Pip Sergeant
 
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331


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TiKin,

I didnt buy the Evolution, most of my EA's are eiter free ones or inexpensive commercial EA's. As with trading systems and trading in general, I dont think expensive or complicated is the path to profits. Not to put down or disrespect the Evolution, I'm totaly ready to be proven wrong, but I see most of these EA's as toys that I would not trust with anything but the barest of risk capital.

Even the best EA, if I do not know exactly how it thinks, and do not know exactly what to expect from it, is a hazard to my account if given too much leeway. Really, mechanical bad decisions are no better than emotional bad decisions, both lose money.

If you wish to really learn about EA's, this is not the place. This is more of a review and complain site for newbies searching for a grail. Most of the postings are more about emotions and expectations and disilusionment, than any practical analysis. But its all worthwhile, and its definately a reflection on the marketplace.

If you truly wish to learn about EA's, go to the mql4.com site, MetaQuotes development and tutorial site. There is more information there than I can begin to use or explain.
Ken Long is offline   Reply With Quote