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Easier "said" than "done": why do you think EAs are so popular when trading?
Because:
- manual trading takes a lot of work, both to begin with, and to maintain;
- a human is prone to error, unlike a robot;
- a human is prone to emotions, unlike a robot.
Very few successful traders who manually trade. More traders are successful with robots (or copy-services).
My point is: EAs are not a waste of time. But if you are looking for a fantasy EA that will make you uber-rich overnight, that is a waste of time.
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