Archive for June, 2013

Do Profitable Expert Advisors Exist?

June 22, 2013  |  Automated Trading, Expert Advisors, MetaTrader 4  |  Comments Off on Do Profitable Expert Advisors Exist?

If you look around the web you can find more Expert Advisors than traders. There are so many broke wannabe traders throwing crappy EA’s together to make some easy money. The problem is they are always backtested and never tried in a live market, which means the result is very…

Read More

Risk Management with MetaTrader 4

June 12, 2013  |  MetaTrader 4, Risk Management  |  Comments Off on Risk Management with MetaTrader 4

Did you know that most traders don’t use proper risk management at all, and this is the main reason their account gets creamed fairly quickly?

So many traders are opening orders purely based on lotsize, without taking into consideration how much risk that lotsize actually is. If you place a 1…

Read More