What’s been happening?
Hello! I just posted my newest video filling you in on my Forex adventures on YouTube. To quickly summarize I tried the 1000 Pip Climber Expert Advisor as well as a Bollinger Bands Reentry Expert Advisor and ended my last adventure about 250 negative.
I’ve decided to try again using the MQL Universal Expert Advisor on my demo account through Forex.com to look for potential strategies to employ. I like the MQL Universal EA because its free and you have the ability to mix and match which indicators to use as well as the ability to modify settings on the indicators.
What I like about Forex is the ability to use the Metatrader software to automate trading based on the criteria that you define. That’s a simplified version there’s a whole programming language that can be used to develop your own unique strategies
Wrapping up
If you are interested in Forex trading, I highly recommend taking a Udemy course to familiarize yourself with the terms and environment. I do not view Forex as a get rich fast scheme, I think that it will take hard work and dedication to make any profits.
Check out my video and let me know what you think, until next time best of luck out there!