For Those of You Who Trade EAs

From: Samuel
Sent on: Friday, December 19, 2008 8:07 PM
Hi Everyone:

This is my update for the week. It's been fairly crazy for those of you who have been trading in the past number of days. Depending on what broker you have been trading with spreads have been widened and in some cases it's been fairly extreme.

Of course global economics have been fairly extreme too. One of the model companies in Vancouver, Electronic Arts has announced that it is letting go of its downtown office space as it further slashed its workforce today.

Recently I've received a few emails touting a popular Expert Advisor, which are made as plug-ins to the MetaTrader 4 trading platform which many brokers white label. EAs have long been looked at as a potential goldmine for traders, and I've shared my not so flattering thoughts on my blog.

http://www.tradingpostfinancial.com/blog/archives/Beholden-to-the-Expert-Advisor.html

Have a great weekend everyone, and happy holidays. I'll send out the next update after Christmas and hopefully before New Years.

Cheers - Sam

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