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Posted

Recently, there's much talk about the birth of very succesful robots that one wonders if it's still worthwhile to trade manually.

For sure, these robots could cost a fortune, but the manufacturers assure us that it's as fool-prof as can be.

What is the place of manual trading in today's Forex markets?

Posted

Robot are good as they save your precious time for placing the orders and watching the market -

but to be successful one should have good knowledge of forex and should apply whenever needed

the true profit will come only when machine and mind work togehter.

Posted

for starter what is the best way to start with? robots or manual trading and what is the best robots to use? is the use of robots notv risky that you may loose your money? need this info please.

Posted

Robot are good as they save your precious time for placing the orders and watching the market -

but to be successful one should have good knowledge of forex and should apply whenever needed

the true profit will come only when machine and mind work togehter.

Posted

We can notice that more and more traders are looking for robots to trade for them, in my opinion, robot is just a supplement to manual trading, it is impossible for robot to displace manual trading, we can't rely on robot to earn money for us.

Posted

Although use this software, a trader should have knowledge about technical analysis because we should reset it software become suits with our trading style. we should know also, what indicator use in default setting.

Posted

I think they won't be a day when forex robot technology will be 100 percent effective. Once it is produced by man, it must fail in one point or the other. It's better for only experienced traders.

Posted

It depends on the needs of each, if you'd had enough experts and does not require learning more then the robot takes to support your time. But this is not recommended for beginners as we know it

Posted

For a beginner i would personally recommend trading manually will help them to understand the basic and logic of forex trading. But traders who lack insufficient time then trading using forex robot is recommended

Posted

So many robot. This is make me confuse to choose. :(

 

you are not the only one that is confused about which robot to choose. There are tons and tons of robot programming companies, all claiming that theirs is fool proof. I think it might have been a better trade if there was no robots.

Posted

If you confused to choose a good robot tried to find testimonial from other if it true the robot make our profitable then its good to choose, i have many offered EA but i'm not interesting because it could minimize our risk and save my money

Posted

If you confused to choose a good robot tried to find testimonial from other if it true the robot make our profitable then its good to choose, i have many offered EA but i'm not interesting because it could minimize our risk and save my money

 

I guess you are right.

If one needs a robot, they can find top forex trading professionals to advice them on the one to use.

If you are still a newbie, don`t try a robot for now.

Posted

I guess you are right.

If one needs a robot, they can find top forex trading professionals to advice them on the one to use.

If you are still a newbie, don`t try a robot for now.

of course the robot is not recommended for beginners, because they still need a lot of learning on the basis of forex, but I was surprised by the number of beginners who have large capital until he bought a robot, and depend to him, but he's not necessarily good at forex strategy

Posted

A beginner trader has no need of a robot. Indeed, he cannot even handle a robot. he is faced with understanding Forex orders, and with a robot he is compelled to give those orders--which he barely understands! In other words, robots are for experienced traders.

Posted

It is not necessary for the beginner to used robots while they still need a lot of material to be learned, but I'm surprised there are still some newbies who are directly using the robot without any prior learning, although they have benefited from it but they will continue to depend on the robot will

Posted

Yea, that's what I'm saying also. If the beginner already knows the features on his terminal and knows what they are used for, may be he can try a robot since he will be better able to control it. However, since most beginers merely are making their first steps, then they should rather learn than command a robot to carry their orders.

Posted

I think anyone can use robot but i think with big amount it may be risky because there will not be any control in hand and others way we have to buy this kind of robots with high prise and we will not be learn anything if we trade with robots. so i thinks its better to trade manually even if we lost but it will be our learning.

  • 2 weeks later...
Posted

well i guess nothing to worry if we used robot and invest with large amount. because if we confident with the quality of the robot then i'm sure it will be profitable, i've been heard many of trader testimonial who succeded of used robot

Posted

I personally prefer manual trading over robot because of the reason that we have to spend monthly cost on robots and if you are not getting profits when robot uses stop loss, all your investment will be not benefiting you. Robot is always good for beginners in forex world but not a must.

Posted

yeah robot just recommend for trader which do not have many spare time to trade, so expert advisor could be their alternative way, but if the beginner trader then they just foolish theirself

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