Over the previous few months I’ve observed a standard theme: most merchants these days are chasing EAs that promise loopy win charges and big returns. It sounds engaging, however the fact is that these sorts of programs will not be reasonable in the long term until you’re principally playing your total account.
I lately began promoting a spread breakout EA. It’s not the kind of EA that exhibits off loopy win charges or explosive short-term features. In actual fact, it might probably undergo lengthy stretches of small drawdowns and break-even phases. However that’s precisely what makes it worthwhile to me: it’s designed with threat administration in thoughts, and it has the potential to final by means of altering market situations. I’m assured sufficient in it that I run it on my private account in addition to my prop agency accounts.
What has shocked me, although, is the response from many merchants who purchased it. A number of them are nonetheless caught within the mindset that buying and selling ought to imply fixed successful days and continuous income. That type of pondering is harmful. it’s what causes merchants to blow accounts when the market doesn’t behave as anticipated.
From my expertise, buying and selling success doesn’t come from chasing “excellent” EAs or unrealistic win charges. It comes from consistency, self-discipline, and utilizing methods that will not look glamorous day-to-day, however really survive in the long run. The earlier merchants let go of the fantasy of 100% win charges, the earlier they’ll begin constructing one thing sustainable.
