7/29(Mon) Among FX traders, I think EA traders are still quite few. - EA Beginner Course - Navi+ - GogoJungle | Auto Trading - Market Analysis

EA developer's Reiwa Double-E is here.

Among FX traders,

EA traders are still few in number.

In such a situation,

EA users, brokerage firms, and EA developers

form a trinity,

each of them

seeking a WIN-WIN method,

improving EA literacy,

and making EA operation a national growth strategy to some extent,

to spread it widely.

I also plan to ask ChatGPT.

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EA traders are still few in number.

That's right.

there are more traders who use automated trading systems and EAs (Expert Advisors),

but many still trade manually,

the situation remains that way.

Below is a detailed explanation of the reasons and background.

Technical hurdles:

Building and programming automated trading systems require certain technical skills. Some traders lack programming or algorithm knowledge, making it feel difficult to utilize EAs.

Restricted strategies:

Manual traders can flexibly adjust trading strategies according to market conditions. In contrast, automated systems trade based on pre-programmed strategies, which can make it hard to respond to sudden market changes, leading some traders to prefer manual trading.

Reliability and risk:

Automated trading systems must be correctly programmed, and there are risks such as internet connectivity issues and system failures. Traders consider reliability and security when deciding whether to adopt EAs.

Emotional factors:

Manual traders can trade with consideration of emotions. Automated systems, lacking emotions, trade according to the program, making it harder to account for traders’ feelings or intuition about market moves.

Lack of knowledge and education:

Using EAs requires programming and knowledge of financial markets. Traders without these can be hesitant to use automated trading systems.

However,

in recent years, programming and quantitative finance knowledge are spreading,

and the number of EA traders is increasing.

In particular,

advanced data analytics and AI-driven trading systems are drawing attention,

and their use is likely to increase further in the future.

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So here we go!

【Reiwa no Doublei-E Listing of EA Products】

https://www.gogojungle.co.jp/users/112481/products