Been manually trading for months and honestly getting burned out watching charts all day.
Looking into automation but there’s so much garbage out there. What bots have actually worked for people here without blowing accounts?
Had the same burnout two years ago. Tested 6 different bots before finding one that actually worked.
Here’s what most people don’t mention - bots usually work fine when markets are trending but get wrecked during sideways action. I run a basic breakout EA that only trades London and NY sessions.
Been using it on EURUSD for 8 months. Nothing complicated - it enters when price breaks 4-hour highs/lows, uses trailing stops, and cuts losses fast.
Averaging 8% monthly but had two losing months. Key thing is it never risks more than 2% per trade.
Don’t spend over $200. Expensive bots usually have the same logic as cheap ones, just better marketing. Demo test for at least 3 months through different market conditions.
Still watch the markets but way less stressed.
Burnout is real and bots can help but don’t expect miracles. Many traders blow accounts chasing a perfect EA that doesn’t exist. Profitable bots focus on small, consistent wins. Look for those that operate during specific trading sessions and avoid news events. Range trading or breakout strategies tend to work well. Demo test for at least 6 months across different market conditions. If it shows profit, start with tiny positions (0.01 lots) and increase slowly. Automation can reduce stress but manage your expectations.
Built my own simple EA works way better than anything I’ve bought.
Most retail bots crash because they use poor strategies like moving average crossovers or martingale systems. Skip the pre-made options and use simple grid trading EAs or strategies that prop firms actually apply. They manage position sizing better than trend-following bots. Backtest for over 2 years and then forward test for 3 months before risking real money. Don’t get caught up in profit numbers; focus on maximum drawdown periods instead. Keep your risk under $500 until you see consistent monthly gains.
EAs can be hit or miss. News events often throw them off. Stick to simpler strategies for better consistency.
Automation’s helpful but won’t replace your trading skills. Most bots fall apart during major news or sudden volatility spikes.
I run a basic scalping EA during quiet Asian sessions. Price moves are more predictable then. It pulls consistent small profits, but I shut it off on high-impact news days.
Best part? I actually get sleep instead of staring at charts all night.