Hi Traders, I wanted to talk about the change in the prices of the EAs you’ve seen on my channel over the past 9 months. When I first started my channel, I paid for EAs that cost ~$300 – $500 from Expert4x. I couldn’t get them to work, so I moved to EAs that cost ~$1000 from leapfx. I am still struggling to make them work, though I have had some short term success with them, I am still trying to find settings that work for me, without needing $10k in deposit funds.
I also have access to pricier EAs in the $2k mark from Valery Trading, which I have finally found success with.
My main goal is to replicate my own income and be able to switch to full time trading. If this involves trading with $2000 EAs, then that is what I will use – in combination with leveraging prop firms.
The main goal of my channel is to show my own trading journey – a full time employee, a mum of 2 kids, and a part time trader.
There are cheaper EAs here on the channel like the GTM, and Profit Retriever which may work for people who have more skills than me in manual trading. Unfortunately I don’t have hours and hours to spend in front of the screen analysing support and resistance – nor do I want to.
I’m not trying to recommend any EAs, but show what is working for me considering my skills, time commitments, funds and financial goals. Everyone is different, and cheaper EAs haven’t worked for me.
I am testing out Forex Fury, and Petko Alexandrov’s courses which are much more affordable. Time will tell if they turn out to be profitable.
Lisa – Noob Trader – Not financial advice