Petko's Algo Trading Podcasts

Petko Alexandrov

Welcome to the official podcast of Petko Aleksandrov — a series of in-depth conversations with leading professionals in the world of algorithmic trading. Eac...

  1. 4D AGO · VIDEO

    AI is about to change trading FOREVER: Rene Balke

    One of the few real algo traders who codes, tests, and live streams his own strategies joins me to talk about risk, AI, and what actually works in automated trading. ⭐️ Visit IC Markets to open a demo or live account: IC Markets: https://link.algotradingspace.com/FUwxZ Rene Balke is not your average trading YouTuber—he's a seasoned developer and algo trader with over a decade of experience coding his own expert advisors. In this episode, we dive into his full journey from German banking to running a transparent, fully automated trading account live on YouTube. Rene explains the pros and cons of coding your own EAs versus using marketplace robots, why most beginners focus too much on profit instead of risk, and what separates serious traders from the hype-driven crowd. We also talk about using AI to build expert advisors, how he deals with drawdowns, and why having a stable mindset is just as important as having a solid strategy. If you've ever thought about building your own trading bots, or you just want to learn from someone who actually trades what they talk about—this episode is for you. 💎 Enrol in Rene's online MT5 masterclass here: https://link.algotradingspace.com/NmxiL Chapters: 00:00:00 Introduction 00:00:54 Welcome Rene Balke 00:01:07 The Only One Selected from Ten 00:02:45 Early Personal Achievements 00:03:12 Being Among the First 00:03:36 How Rene Got into Algo Trading 00:06:05 From 9–5 Job to Full-Time Trading 00:07:51 Why Code Your Own EAs First? 00:10:19 Who Should Learn to Program EAs? 00:14:01 Inside Rene’s Programming Course 00:15:54 Build Your Own EA or Buy One? 00:20:02 Biggest Beginner Mistakes to Avoid 00:21:55 The Problem with Fake Gurus 00:25:34 Live Streaming a Real Trading Account 00:29:06 Handling Drawdowns Personally 00:34:30 Advice to Beginners from Experience 00:38:40 Programming vs Trading – What Matters More? 00:42:53 The Future of Algorithmic Trading 00:47:37 Key Skills for Future Algo Traders 00:52:00 Advice for Beginners and Advanced Traders 00:56:50 Final Thoughts from Rene 00:58:57 Withdraw Profits or Compound? 01:01:21 Closing Remarks 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/algotradingspace/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "AI is about to change trading FOREVER: Rene Balke." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC Disclaimer: This video is sponsored by IC Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    1h 2m
  2. FEB 4 · VIDEO

    The First Prop Firm That Agreed to a Podcast

    Hola Prime is the first prop firm to agree to appear on my podcast - here’s what they revealed. ⭐️ Grab a challenge from Hola Prime here: https://link.algotradingspace.com/IXHdX Remember to use the code ALGO10 to get a 10% discount on any of the plans. In this episode, Petko is joined by Sam, Director of Growth at Hola Prime, for a deep and honest conversation about how to pass and stay funded with prop firms using expert advisors (EAs). Instead of rehashing the basics, they dive into real challenges traders face, from drawdown breaches to risk mismanagement and consistency rules that can quietly fail your account. Sam explains how prop firms view EA trading, why using off-the-shelf robots is risky, and how to build and manage your own algo strategies for long-term success. Whether you're trading manually or with bots, this episode offers real insight into what prop firms are actually looking for, how their backend systems work, and what you need to do to stand out and stay funded. A must-watch for any prop trader working with robots, strategy builders, or trading automation tools. Chapters: 00:01:15 Welcome to the Podcast 00:01:42 How Does the Evaluation Process Work? 00:02:23 Who Came First – Broker or Prop Firm? 00:03:10 What Makes a Good Trader? 00:04:51 Why 2% Profit Is Enough 00:06:07 Most Common Rule Violations in Prop Firms 00:09:21 The 30-Day Rule – Fair or Flawed? 00:12:06 Which Rules Do Traders Underestimate Most? 00:14:18 Real Traders Have Real Experience 00:16:25 What Gives Traders the Best Chance to Pass? 00:17:51 What’s the Maximum Risk Per Trade? 00:18:33 Breaking Down Risk Management 00:21:07 Can Slow and Steady Win the Challenge? 00:21:24 How Hola Prime Views Algo vs. Manual Traders 00:23:47 Why Using the Same EA Can Be a Problem 00:27:49 Are Challenge Trades Mirrored to the Broker? 00:30:12 How Do You Detect Duplicate EA Usage? 00:32:14 Reviewing the Prop Firm Rules 00:35:48 Excessive Margin Use and Risky Trades 00:37:16 What Is the Consistency Rule? 00:41:42 Using Expert Advisors and Algorithms 00:47:11 Biggest Mistakes EA Traders Make in Prop Challenges 00:50:15 Will Unique Strategies Avoid Problems? 00:51:47 Advice for Traders Who Want to Stay Funded 00:52:50 What’s a Reasonable Risk Once Funded? 00:54:46 Longest Period a Trader Stayed Funded 00:56:46 Are EAs Becoming More or Less Popular in Prop Trading? 00:59:17 The Future of Prop Trading ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your own due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/algotradingspace/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "The First Prop Firm That Said Yes to the Podcast – Hola Prime." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    1h 5m
  3. 12/04/2025 · VIDEO

    From Unknown Developer to Top EA Creator in 1 Year

    What does it take to build a stable Forex business? The answer is simple - robust EA! In this episode, Petko speaks with Andreas, the developer behind Market Master—one of the most robust Expert Advisors tested at Algo Trading Space. They dive deep into what it takes to build a stable, long-term trading robot and how Andreas turned his passion for trading into a full-fledged business with his own product, website, and growing community of traders. The discussion covers everything from overfitting and backtesting with Monte Carlo, to handling drawdowns with limited grid recovery, and why most traders fail due to emotion and discretion. Whether you're a manual trader transitioning to automation or looking for the next reliable EA for prop firms or live accounts, this episode offers practical advice, real experience, and honest insights into what makes a good strategy stand out in today's algo trading world. ⭐️ Check out BlackBull on a demo or live account: https://link.eatradingacademy.com/IyEAf Get a MASSIVE 90% off the required deposit for an Institutional Account using this link and get an ECN Prime account with a minimum deposit of $0. 💎 To test the EA from Andreas, click here: https://link.eatradingacademy.com/RDrud Use Coupon PETKO20 to get a 20% discount for the Expert Advisor. 🔥 If you want a single license for the Market MAster EA, check out our Zero Cost EA program: https://algotradingspace.com/free-ea Chapters: 00:03:29 How Did You Build the EA? 00:05:25 How Do You Test for Overfitting? 00:06:31 What We Look for at Algo Trading Space 00:07:35 Good Forex Strategies Start with Good Ideas 00:07:55 What’s the #1 Thing Traders Should Look For? 00:08:34 Return-to-Drawdown Ratio of Market Master 00:09:03 How Market Master EA Differs from Other Grid Systems 00:10:41 Was the Forex EA Built from Idea or Backtest? 00:12:20 What Initial Balance Do You Need? 00:12:51 What’s the Bare Minimum to Start Trading? 00:13:39 Sponsored Segment: BlackBull 00:14:29 Manual vs Algo Trading 00:15:12 Were You Profitable as a Manual Trader? 00:16:28 Tips for Beginner Traders 00:16:54 Do You Trade Only Forex or Stocks with EAs? 00:17:34 Turning Expert Advisor Passion into a Business 00:18:44 Trader Feedback on Market Master 00:19:21 Is Market Master EA Prop Firm Compatible? 00:20:27 Are You Developing More EAs? 00:21:01 Why Jeff Bezos Inspires Me 00:21:41 Final Advice for Viewers 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "I Helped this EA Developer Build a Successful Business." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC Disclaimer: This video is sponsored by BlackBull Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    24 min
  4. 11/19/2025 · VIDEO

    Angus Walker: Inside the Biggest Forex Broker in Algo Trading

    What does it take to be the biggest Forex broker paying out over $80,000,000 in trader profits? ⭐️ Visit IC Markets to open a demo or live account: IC Markets: https://link.algotradingspace.com/FUwxZ In this episode, Petko sits down with Angus Walker, the Head of Trading at Eightcap — one of the largest brokers used by algo traders worldwide. We dive deep into the mechanics behind Eightcap's rapid rise, the $80 million in trader profits, how the company supports expert advisor and robot traders, and what’s coming next in the evolution of institutional-grade retail trading. Whether you're using MetaTrader, building automated strategies, or exploring the world of funded accounts, this conversation sheds light on what really goes on behind the scenes of the platforms we use every day. Chapters: 00:00:00 Intro 00:02:36 Podcast Begins – Angus Walker, Head of Trading at IC Markets 00:03:07 What Does a Head of Trading Actually Do? 00:04:15 Balancing Clients vs. Business Interests 00:04:42 Why the Product Always Comes First 00:05:10 Ensuring Platform Stability 00:05:48 The Key Difference at IC Markets 00:06:01 How They Keep the Product Reliable 00:06:30 Angus on Making Trading Easier 00:06:44 Is IC Markets the Biggest Forex Broker? 00:07:12 Who Are the Profitable Clients? 00:07:33 Clients’ Most Profitable Month Ever 00:08:03 How Big Is IC Markets Really? 00:08:54 Managing High Volatility Events 00:09:22 What’s IC Markets’ Action Plan? 00:09:59 Responding to Market Crashes 00:10:32 IC Markets’ Capitalization Strategy 00:11:26 Best Way for Beginners to Start Trading 00:11:48 System Traders vs. Discretionary Traders 00:14:37 What Should Your Trading Goal Be? 00:15:27 Angus' Top Tips for Traders 00:15:57 Are You a Trader or a Manager? 00:16:30 What Kind of Portfolio Should You Build? 00:18:25 How to Instantly Become a System Trader 00:19:20 Minimum Capital Needed to Start Trading 00:20:26 How Much Profit Do Clients Actually Make? 00:21:00 Are Small or Large Accounts More Profitable? 00:21:16 Who Are the Best Traders in the World? 00:22:45 The Most Used EA on IC Markets 00:24:03 Why Discipline Matters with EAs 00:25:45 EA Settings for Beginners 00:26:21 Learning the Hard Way 00:26:50 Can You Trade Safely with High Risk? 00:27:51 How Angus Would Trade a $1,000 Account 00:29:15 Petko’s Biggest Lessons Learned 00:29:47 Trading Addiction – The Hidden Struggle 00:31:30 The Most Important Lesson in Trading 00:31:39 Don't Lose Your Capital 00:32:55 Why the Process Is More Important Than the Outcome 00:33:11 Backtesting Recommendations 00:34:51 The Importance of Process Over Results 00:36:01 How Do Forex Brokers Actually Make Money? 00:37:48 Does IC Markets Share Client Spread Revenue? 00:39:19 What Does “Scale” Actually Mean? 00:40:51 A-Book, B-Book—Does It Matter? 00:41:23 How to Choose the Right Broker 00:42:04 What Metrics Does IC Markets Track? 00:43:49 The Truth About Small Brokers 00:44:33 Angus' Dream: Then vs. Now 00:45:43 The 2013 IC Markets Vision 00:47:37 Outro ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your own due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "Angus Walker: Inside the Biggest Forex Broker in Algo Trading." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC diclaimer: This video is sponsored by IC Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    48 min
  5. 10/11/2025 · VIDEO

    iFunds Founder: The Adrenaline Trap in Trading

    Are you trading to win—or just addicted to the action? ☑️ For Instant Funding, check out iFunds: https://link.eatradingacademy.com/hhkrK Discount and Bonus Codes: PETKO5 to get 5% off all accounts. PETKO-INTERN (10% discount on the Intern Account ($2,500)) PETKO1000 (An additional $1000 in funded capital on your Expert Account ($50,000)) In this episode, Petko Aleksandrov sits down with Ahmed, founder and CTO of iFunds, to explore the deeper psychology behind trading success—and failure. They talk about the real reasons traders lose money, the mental traps caused by dopamine spikes and fast profits, and how tech platforms like iFunds are trying to create healthier environments for traders. This episode provides a raw, wide-ranging look at the rise of funded accounts, the obsession with 10% monthly goals, and the dangers of TikTok trading culture, revealing what’s really happening behind the scenes in the retail trading world. If you’ve ever struggled with emotions, risk, or motivation in your trading journey, this conversation will resonate deeply. Honest, sharp, and unfiltered. Chapters: 00:00:30 Intro 00:01:31 Welcome 00:02:16 Why People Start Trading 00:03:31 The Problem with 9-to-5 00:03:57 Trading Seems Like Freedom 00:04:09 Profit Fuels Hope 00:04:32 The Get-Rich Mindset 00:05:14 Losing Yet Still Trading 00:05:34 Addiction vs Ambition 00:06:58 Petko’s Early Trading Days 00:07:35 Can You Really Make Money? 00:07:58 Fun vs Serious Trading 00:08:48 Core Trading Rules 00:09:06 How Much Can You Risk? 00:09:30 Get Rich Fast? 00:09:36 The Prop Firm Trap 00:10:14 Where Beginners Should Start 00:11:00 Social Media Scams 00:12:17 Passion vs Greed 00:13:32 Can Transparency Hurt a Channel? 00:15:20 How Much to Invest 00:17:11 Is $500 Enough? 00:18:21 Understanding Risk Tolerance 00:19:09 Why Rules Get Ignored 00:19:55 Knowing When to Quit 00:21:38 iFunds Challenges Coming 00:23:21 Tighter Spreads at iFunds? 00:24:09 What to Expect on MetaTrader 00:24:59 Who Benefits from Spread Changes 00:25:25 Payment Methods at iFunds 00:26:25 Accepting USA Clients 00:26:50 Will There Be Contests? 00:28:46 Account Growth in One Year 00:29:37 Realistic Profit Targets 00:31:55 How Much to Risk 00:32:53 Capital and Risk 00:35:15 Trading Lessons for Life 00:36:34 Can Trading Be Enjoyable? 00:38:02 Calm and Confident Trading 00:39:59 Petko’s Founding Dreams 00:40:51 Founder’s Ongoing Vision 00:41:53 Final Thoughts 🚀 Visit your brand-new, ground-breaking algo trading platform: https://algotradingspace.com/ ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ❤️ Meet Petko, Sam, Marin, Ilan and the rest of the team in the forum. https://platform.algotradingspace.com/forum/ ⚠️Do your own due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "iFunds Founder: The Adrenaline Trap in Trading." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    43 min
  6. 10/07/2025 · VIDEO

    Strategy Quant X vs EA Studio: Which is the best Forex Strategy Builder?

    Is Strategy Quant a better Forex Strategy Builder than EA Studio? ⭐️ Check out BlackBull on a demo or live account: https://link.eatradingacademy.com/IyEAf Get a MASSIVE 90% off the required deposit for an Institutional Account using this link In this deep-dive episode, professional algo trader Samuel Jackson shares his full strategy-building workflow—from raw generation using Express Generator to robust validation in EA Studio and final live testing on real accounts. Sam and Petko discuss how beginners and advanced traders alike can use strategy builders to create powerful, no-code expert advisors, covering everything from overfitting and drawdown management to broker data, optimization traps, validation techniques, and emotional control in algo trading. Sam also compares EA Studio, FSB Pro, Express Gen, and StrategyQuant—explaining why EA Studio remains his go-to for speed, simplicity, and results. Whether you're new to automated trading or looking to scale with smarter workflows, this episode is packed with practical advice, battle-tested insights, and real strategies you can use today. Chapters: 00:00:30 Intro 00:01:35 Podcast Begins 00:02:03 What Is a Strategy Builder? 00:04:11 How Strategy Generation Works 00:06:38 Selecting & Exporting Strategies 00:11:20 Are Strategy Builders Beginner-Friendly? 00:13:55 Most-Used Strategy Builders 00:14:31 Comparing Strategy Builders 00:16:31 Have You Tested Others? 00:17:57 What Is Open Price Backtest? 00:22:16 Using Data from Different Brokers 00:25:32 Should You Backtest in MetaTrader? 00:29:10 MT4 vs MT5 for Algo Trading 00:29:54 Express Generator – Worth Using? 00:36:10 StrategyQuant X – Pros & Cons 00:44:38 After Launching the EA Live 00:53:01 Do You Build Grid EAs? 00:54:20 Martingale Grid EA Approach 01:05:15 Beginner Strategy Generation Workflow 🚀 Visit your brand-new, ground-breaking algo trading platform: https://algotradingspace.com/ 📅 Book a 1-on-1 personal call with Sam: https://platform.algotradingspace.com/courses/private-classes/samuel-jackson/ Use coupon code SAM20 for a 20% discount ✨The free Dark Venus EA is available here: https://link.eatradingacademy.com/YMHZt ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ❤️ Meet Petko, Sam, Marin, Ilan and the rest of the team in the forum. https://platform.algotradingspace.com/forum/ ⚠️Do your own due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "Strategy Quant X vs EA Studio: Which Is the Best Forex Strategy Builder?" 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC DISCLAIMER: This video is sponsored by BlackBull Markets. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com For sponsorships: partners@algotradingspace.com

    1h 12m
  7. 10/07/2025 · VIDEO

    The Secret Formula Behind Top-Performing Trading Bots

    ⭐️ Get your Darwinex Zero Account at the lowest price of just €38 sign-up fee, with an additional 20% discount when you use the Coupon Code PETKO: https://eatradingacademy.com/s/tDIgR In this episode, Petko Aleksandrov sits down with Ilan Vardy to unpack one of the most common questions in the algo trading world: how do you choose the right expert advisor—especially if you’re just getting started? They cover the full journey from understanding what a trading robot actually is, to picking your first EA, testing it safely, and knowing what to avoid. Ilan shares practical steps beginners should follow, including how to use demo accounts, filter robots on the MQL5 marketplace, and evaluate backtests and verified track records. They also discuss capital allocation, the dangers of unrealistic expectations, and the importance of risk diversification when building a portfolio. Whether you’re working with $50 or $5,000, this episode gives you a clear, honest framework for getting started with EAs the smart way—without falling for the hype. 👉 Dark Nova, Dark Titan, Dark Algo and Dark Gold are available here: https://link.eatradingacademy.com/xnAzr Remember to use the coupon code *PETKO10* for a 10% discount on any of the Dark EAs ✨Get the Dark Mimas and other free Dark EAs from here: https://link.eatradingacademy.com/YMHZt 00:00:00 Intro 00:01:33 Ilan’s background 00:02:16 Why Ilan started 00:02:41 Starting from zero 00:02:56 Learning from courses 00:03:07 Discovering EAs 00:04:41 EA Academy results 00:05:10 Support from real traders 00:05:51 Building the EA Academy team 00:06:14 Real-time trader interaction 00:06:57 Picking the right EA 00:07:13 Where to get EAs 00:07:31 Best EAs for beginners 00:07:49 Tips for new traders 00:08:27 What is MQL5? 00:08:55 What to check in MQL5 00:09:10 Are free EAs worth it? 00:09:50 EAs by asset type 00:10:17 EA ratings and reviews 00:10:51 Verified track records 00:11:11 EA selection checklist 00:11:27 Why track records matter 00:12:13 When there’s no track record 00:12:34 Too many track records? 00:13:02 Money-back guarantees 00:13:12 Free EA trials 00:13:44 Choosing your EA type 00:13:50 Risks with Grid Martingale 00:14:06 Risk tolerance in trading 00:15:27 Demo trading basics 00:15:45 Ilan on demo vs live 00:17:05 Demo vs live accounts 00:17:29 What is Darwinex Zero? 00:18:24 Darwinex allocations 00:19:38 Allocating $1K for EAs 00:20:17 Cheap EAs that work 00:21:00 Flexible EA licenses 00:22:23 How many EAs do you need? 00:22:47 Trading with multiple EAs 00:23:45 EA diversification strategy 00:24:32 What happens after you choose an EA? 00:25:39 Backtest customization 00:26:51 EAs for small accounts 00:27:21 Minimum capital needed 00:28:50 Avoiding fake promises 00:30:11 Realistic profit targets 00:30:51 Don’t trust huge-profit EAs. 00:32:04 Core trading rule 00:33:13 Ilan’s 7-step list 00:34:01 Track record manipulation 00:34:44 Outro 🚀 Join our VIP Club and become a part of a professional trading community: https://eatradingacademy.com/vip/ ☑️ Enroll in our FREE 21-Day Algo Trading Program, and learn to trade with robots: https://eatradingacademy.com/algo-program/ ✅ All our funded accounts' results are here: https://eatradingacademy.com/funded-accounts/ ✅ All of our live accounts' performance can be seen here: https://eatradingacademy.com/live-trading/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Our Forum: https://eatradingacademy.com/s/TWBKS Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching our podcast titled "How We Select Trading Robots." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@eatradingacademy.com For sponsorships: partners@eatradingacademy.com

    35 min
  8. 10/07/2025 · VIDEO

    Darwinex Zero Allocation: What Trading Strategies to Use

    ⭐️ Get your Darwinex Zero Account at the lowest price of just €38 sign-up fee, with an additional 20% discount when you use the Coupon Code PETKO: https://eatradingacademy.com/s/tDIgR In this episode, Petko sits down with Javier Colón, the CTO of Darwinex and the person responsible for the allocations. They discuss which type of strategies work and what the beginner traders should look for. Javier shares transparently what percentage of the traders achieve the permanent allocation in 1 year. It’s a straight-talking, honest chat about what type of strategies receive allocation and what the Darwinex Zero engine is looking for. If you’re serious about receiving allocation from Darwinex Zero, this one’s worth a listen. Chapters: 00:00:00 Intro 00:01:06 Guest introduction 00:01:25 What strategy works best for Darwinex? 00:02:30 What type of strategies should one start with? 00:03:07 Тrend following Strategies or Not? 00:03:29 Max positive vs. negative excursion 00:04:26 Best Risk Reward Ratio for Darwinex Zero 00:05:18 Are Grid systems suitable for Darwinex Zero? 00:06:57 Which are the recommended assets? 00:07:44 What is the drawdown threshold before restarting an account? 00:08:07 Trading strategy improvement 00:11:04 What are the chances (in percentage) of people reaching the allocation? 00:12:02 What is the chance of reaching permanent allocation for one year from now? 00:12:58 What is the most common permanent allocation plan people purchase? 00:16:51 Profit split with Darwinex Zero 00:18:24 Fast questions with one-word answers 🚀 Join our VIP Club and talk to fellow algo traders: https://eatradingacademy.com/vip/ ☑️ Enroll in our FREE 21-Day Algo Trading Program to get Free robots: https://eatradingacademy.com/algo-program/ ✅ All our funded accounts' results are here: https://eatradingacademy.com/funded-accounts/ ✅ All of our live accounts' performance can be seen here: https://eatradingacademy.com/live-trading/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Our Forum: https://eatradingacademy.com/s/TWBKS Facebook: https://www.facebook.com/eaforexacademy/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching our podcast titled Trading on Darwinex Zero Isn’t Hard. It’s Misunderstood. 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@eatradingacademy.com For sponsorships: partners@eatradingacademy.com

    20 min

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Welcome to the official podcast of Petko Aleksandrov — a series of in-depth conversations with leading professionals in the world of algorithmic trading. Eac...

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