Are trading robots a beginner trap?

Expert advisors promise income while you sleep. The ones sold to beginners are usually curve-fitted to the past, and the honest ones require the same skill as manual trading plus programming.

Are trading robots a beginner trap? — risk-reward diagram
A risk-reward ratio of 1 to 2

Have you bought or built one?

  • what it promised and what it did
  • the moment you realised something was wrong
  • your view on EAs for beginners now
Are trading robots a beginner trap? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The signals and bots guide covers the commercial side; this thread is for first-hand stories.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…