One of the most frequently asked questions is why can results vary between users? I propose to break down a number of reasons why this can happen.
The first and main reason is different broker companies. Each user utilizes the Expert Advisor with different brokers, so there may be a situation where one user has a trade open and you don't. As you know yourself, different broker companies provide different trading conditions. Spreads, commissions and swaps can be very different from one broker to another, which will affect the result. Unfortunately, there is no way to influence this, but you can always discuss in chat which broker firm you use and compare your results. 🏦💬
It is also worth paying attention to trading on news. During the release of important economic news, the market becomes very volatile.
For some traders such volatility is unacceptable, as it can lead to significant losses. Therefore, they prefer to disable the Expert Advisor at the moment of news release to avoid risks.
Other traders, on the contrary, see volatility as an opportunity for quick profits and prefer to leave the Expert Advisor on to catch impulsive market movements. 📉📈
The different results of users are related to many factors, such as the choice of broker and the approach to trading on news. Discussions in the Telegram chat @it_trader_chat will help you find the best conditions and improve your results. Feel free to share your experience and ask questions. 🌐
