Why Algorithmic Trading Wins: How Waka Waka Proved Longevity

Key takeaways from the interview

  • Systematic trading beats discretionary — the head of trading at IC Markets notes that algorithmic systems consistently survive market cycles better than manual trading.
  • Waka Waka stands out — cited for one of the highest survivability rates among EAs observed by the broker, a rare long-term performer.
  • Risk management is decisive — low-risk users of Waka Waka tend to remain profitable for years; aggressive risk often leads to blown accounts.

Why this matters for traders

  • Scalability: a large user base means aggregated trade flow in the hundreds of millions, making regulated brokers essential for execution.
  • Ecosystem & support: the EA comes with dashboards, set files, VPS access, and guides that help traders manage risk and longevity.

Practical advice (for EA users)

  1. Start with low-risk settings and monitor monthly performance.
  2. Use verified live track records and community feedback before scaling.
  3. Prefer regulated brokers and robust VPS for execution stability.
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Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.