Are you interested in finding out more about The Skilled Trader EA and can you really rely on it to trade your money on the Forex markets and will it really generate a fully automated income for its users? This EA generally adopts the trend-following methodology. Its 3 features that it states on its website can be summed up as its ability to follow the big money, risk-managing and adjusting its trading strategies to market conditions. It is developed by some of the very best traders over at LeapFX who have been teaching successful Forex traders as well as building automated Forex trading software for many years now. It generally trades on 3 major currency pairs: EURUSD, GBPUSD and XAUUSD.
Overview Of The 3 Main Features Of The Skilled Trader EA:
Following The Big Money: This EA has been built with features that allow it automatically follow the big money movements of large financial institutions such as Large Funds, Banks and Country Sovereign Wealth Funds. As such, it is able to ride on large trend moves in the Forex markets and let your account grow before getting off when the trend ends. Therefore, don't be surprised when the EA is not making many trades while your account grows since during a trending market, there is no real need to trade too many times and still make big profits.
Risk Management: This EA automatically limits the amount of open positions you have based on your equity, and makes that your account is never too overly exposed to market risks at all times
Adapting To Changing Market Conditions: The Skilled Trader EA is in-built with many different trading strategies suited for different market conditions, hence it automatically analyses market conditions before deploying the most optimal strategy for it. This unique aspect of this EA is what separates it from other EAs and explains why it is able to generate profits despite changing market conditions.
What Are The Membership Plans Available With The Skilled Trader EA?