Disadvantages of forex robots.

[novarisa]

Obviously, I never heard of forex robot that doing news trading. It's like a gambling machine that runs on some lucky draw.

 

Well, I'm not that much depending on forex robots. Most of them have no clue on how to manage the money, we just set them up and put it to work.

[radex78]

Well, I'm not that much depending on forex robots. Most of them have no clue on how to manage the money, we just set them up and put it to work.

Indeed not all trader will like and using robot in trading, and they have own reason to learn manual analysis based on knowledge and experience, but might for trader that already addicted using robot might they will always seeking robot that might will profitable for long run, and If any robot work also use risk management and money management I think also good but as trader of course must understand how these robot work

[pepy]

Well, that robot needs to have some database of the previous news that happened, 

But previous news is not really better than the current news, also only few news which could bring some lasting effect to the market, maybe that is good for Interest Rate but for CPI or something like that won't make much difference. This part is the weak part of forex because people seems doesn't care and actually don't know about it.

[Upoctin]

Computers and programs simply do not have anything similar to that mystical human gut feeling. While some traders do not think that intuition can be helpful in trading, others rely on it — such traders probably will not be pleased with automated trading.

[Laidar]

You can always understand that forex trading is a job that requires a good miscalculation.

[Vaabum]

I prefer manual mode to work more. At least, this way I can control all working conditions, and it turns out to work many times more reliable.

[gds221]

I work with broker Amarkets, and I think manual trading is more reliable and profitable. At least this option seemed to me many times more interesting. The robot didn't impress.

[Mezigis]

Good performance on the history of the tests do not yet guarantee similar results in real time.

[Vaabum]

I consider the main drawback of trading robots is their imperfection. As for me, you can earn a lot more manually.

[gds221]

in my opinion, the main drawback of such a trading system is the impossibility of its control. Manually at times more profitable and easier to trade precisely for this reason.

[Upoctin]

Computers and programs simply do not have anything similar to that mystical human gut feeling. While some traders do not think that intuition can be helpful in trading, others rely on it — such traders probably will not be pleased with automated trading.

[Kelerad]

There are situations when they fail at the wrong time.

[Pyridge]

there have always been opponents of this, because much then depends only on this, and mostly free options are used, which does not give any positive result

[Vaabum]

I tried similar tools with broker ExpertOption. In my opinion, manual trading is much more profitable in terms of work.

[gds221]

For work, robots seemed to me much less profitable than manual trading. At least during my work with the broker Amarkets, I have only positive reviews.

[Upoctin]

If the robot was really profitable, So we get money without employed too unkind. But if the robot was not productive, then we faculty see some losses. We could retrograde money, We also can flow our second that should be used for learning.

[Juleenelya]

I have never used third-party resources in trading, and so everything is fine, the profit is on the level!

[gds221]

I believe that manual trading is still more profitable than trading with robots. I work with a broker Amarkets, and the results of the work are quite pleasant.

[Monaya]

The disadvantages are that there are situations when you really need to change something, but due to the fact that the robot is working, it does not work.

[gds221]

I work in this industry with broker Amarkets, and have tried different types of trading with him. So far, it was hand trading that seemed the best, because it is more profitable.

[Doghma]

I agree with the opinion that it is really impossible to make adjustments during the operation of the robot.

[gds221]

For me, the main disadvantage of robots was that they can often just lose money. In my opinion, you can earn much more manually.

[Vaabum]

I work with the broker ExpertOption and also tried to use a robot to trade. In my opinion, manually trading is more profitable.

[gds221]

I work with a broker Amarkets. In my opinion, now this is the most reliable and profitable option in terms of work. but, working with robots seemed to me very less profitable than manually.

[Juleenelya]

I have never used anything like this in trading, I work on the platform from Expertoption, here the conditions are already profitable, and everything is done manually, so make a choice in the direction of the right broker