How to make money with an EA?

[ryanstar]

Is there any opportunity to trade with an EA to generate profits.

 

[DionysusToast]

yes - write one and sell it to people that don't know any better...

 

[the hare]

yes - write one and sell it to people that don't know any better...

Spoken like a true vendor

 

[The Leopard]

Spoken like a true vendor

He's right though.

 

[DionysusToast]

Spoken like a true vendor

Indeedy - I could feel the vendor hairs on the back of my neck stand up as soon as I saw the title...

 

[The Leopard]

If he can't sell it, he could try fading the signals it generates.

 

[the hare]

If he can't sell it, he could try fading the signals it generates.

Its been at least 48 hours since some bozo suggested reversing buy and sell signals on a non profitable EA !

I suppose he could trade it without a stop and wait until each trade becomes profitable, they always come back in you wait long enough

Do you think there might be lulz to be had from selling EA's to muppets ?

 

[counter_violent]

If he can't sell it, he could try fading the signals it generates.

Giving too much away there. Thats coming in the new improved v2

 

[The Leopard]

Its been at least 48 hours since some bozo suggested reversing buy and sell signals on a non profitable EA !

I suppose he could trade it without a stop and wait until each trade becomes profitable, they always come back in you wait long enough

Do you think there might be lulz to be had from selling EA's to muppets ?

 

[alphadude]

i have recently came across an old muppet *educator*; who used to sell EA systems a couple of years ago. To my surprise; he is now teaching EA programming.

The only explanation I could think of is:
- the economy is so bad that punters are not buying EAs
- punters are getting smarter; but muppets are adapting. If they can't sell snake oil; they sell the snake.

:cheesy:

 

[ryanstar]

Thanks you guys for replying on this subject I do appreciate your comments

 

[NVP]

i have recently came across an old muppet *educator*; who used to sell EA systems a couple of years ago. To my surprise; he is now teaching EA programming.

The only explanation I could think of is:
- the economy is so bad that punters are not buying EAs
- punters are getting smarter; but muppets are adapting. If they can't sell snake oil; they sell the snake.

:cheesy:

well if you cant Trade.....Teach

 

[alphadude]

Thanks you guys for replying on this subject I do appreciate your comments

let me answer your original question; EA means "automated system".

If you are doing well in discretionary trading; and you want to automate your trading; by all means; learn programming and start the journey of automated trading.

Buying one; is totally different story.

The bottom line in this thread is; if someone had a profitable EA; they will use it themselves; and not sell it.

I would say that 99.99% of systems on sale; do not work when you use them. There are however 0.01% systems for sale that do work; but you will have to learn how to be profitable trader (which takes few years); before you can judge a system if it is profitable. by that time; it is too late; you don't need to buy these systems any more!!

Unfortunately there are no shortcuts in this business. If you do take a shortcut; you will end up like Beavis and Butthead; in some weird neighbourhood.