How to Make More Money While You Sleep
Forex Automated Trading EA (Expert Advisor) I will share with you the advantages and disadvantages of adding an automated Forex trading EA (Expert Advisor) to your investment portfolio. Advantages: High liquidity: High liquidity due to 24hour trading availability High risk: high price volatility, leverage can lead to large losses Difficulty in predicting the market: difficult to predict due to many factors Market opaqueness: large market with asymmetric information Advantages and disadvantages of adding an automated forex trading EA. Advantages: 24hour operation: High frequency trading that cannot be done manually Reduced Emotions: Stoplosses and gains are executed by the system Disadvantages: System risk: EA bugs and abnormal behavior can cause unexpected losses Complicated setup: Misconfiguration of the EA could lead to losses I think it is important to consider the above points and manage risk thoroughly.
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