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Understood. Just like any other EA, this EA could blow up accounts too with the wrong settings used. As for now, I think 0.01 lot used with a $1000 account (or $10 with a cent account) would be reasonably safe (for now). I have tried bigger lot sizes in the past and to be honest, none of them had survived in the longer period. Some even survived for two months and yet after that one day came where one currency pair just got crazy market movement and there the account got blown. This EA don't have any news filter built in so do watch out for major news events that could possibly bring extra risks to your account when using this EA.
Good day. For someone like me who has limited knowledge on trading, where or how do I start? I just want good advice. Don't send me links and downloads please.
Good day. For someone like me who has limited knowledge on trading, where or how do I start? I just want good advice. Don't send me links and downloads please.
Good day to you too. Welcome to the EA trading world. I believe many of us were just like you who started off with absolutely nothing and no knowledge at all. I think the first few questions you can start asking yourself are as follow:
1.) What brings you here to learn about trading? What is your goal and purpose of trading? Are you aware of any danger or risks that come with trading? If so, would you be willing to accept the consequences of having multiple times of failure in trading and even risking 100% of your precious money or investment? if yes, then you might be ready to start your journey. If not, then please, just stay away from trading at all cost, because all trading and all investments do come with risks. There is simply no such thing as a "100% guaranteed success" in trading or investment. It just does not exist. If anyone that could promise you with such thing, they are 100% confirmed to be scammers. It's that real and simple.
2.) Are you interested more in manual trading or EA trading? Do you know the differences between them? What are the pros and cons of these two types of trading?
Perhaps by thinking through and answering all those questions mentioned above, you can then proceed to find lots of info online such as watching free videos from youtube about forex trading (either manual or EA trading) and etc. I believe many of us also went through such road of watching videos, reading and studying info about trading. There is no simple shortcut to this. It'll be great if you got enough money to go through better training in joining conferences or seminars by those trading gurus or mentors. But for the majority like many of us who don't have money, we just go search through youtube videos and google up topics about trading, try to read free info online and learn as much as we could. That's all we could do.
Okay I think those things mentioned above should be good enough for you to digest as a newbie. Again welcome to the trading world. Be humble and respectful in your attitude towards others, take your own good time to learn as much as you could, do not get greedy by simply trusting info or people telling you that you could easily "get rich quick". Run away from these people for they are no one but scammers and scammers only. Be always prepared to face failures in your journey and always learn from your mistakes. Wish for the best and prepare for the worst.
To be honest, Telegram channels are full of scams in my view. Do not believe in any of them. I couldn't not find any official website that is selling this EA. I think the official website of this EA might not exist anymore. Having said that, no worries because I believe the EA copy that was shared in this channel should work just fine for demo and/or live accounts. The only thing that matter is to find the right settings that works well for you over a long period of time, not just for days or weeks but over months and years. Wish everyone the very best in finding the settings that work well for you. God bless and take care.
Yes It is 100% free for everyone. Just go to page 1 of this channel and scroll to the 2nd post by Priya (the thread owner of this channel), click the attached EA file to download the EA for your use. Alternatively, you may also use the following link: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-3173
Yes It is 100% free for everyone. Just go to page 1 of this channel and scroll to the 2nd post by Priya (the thread owner of this channel), click the attached EA file to download the EA for your use. Alternatively, you may also use the following link: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-3173