Robots Vs Manual Trading?

[Vaabum]

I prefer to trade manually. At least, when working with a broker from ExpertOption, I chose this option, and it brought me a good result.

[FXOpen Trader]

On 9/16/2022 at 11:44 PM, Vaabum said:

I prefer to trade manually. At least, when working with a broker from ExpertOption, I chose this option, and it brought me a good result.

I am doing my trades using the Manual methods of trading.

[RodriJames12]

Robot trading is flexible but lacks emotions and executes positions faster. When manual trading, a trader can execute with higher profits, but it also requires good strategy and skill.

[nanamage]

Trading robots that use the martingle technique are very risky, because if the chart is different from the one taken it will create a high floating, so it's best to try the robot on a demo account first.

[FXOpen Trader]

On 10/15/2022 at 5:28 PM, nanamage said:

Trading robots that use the martingle technique are very risky, because if the chart is different from the one taken it will create a high floating, so it's best to try the robot on a demo account first.

When the Risks that are present in our trades will stay under control we can become Better Traders.

[James Mcgrant]

Robots provide much more profit when compared to manual trading. Robots can be expensive, but they provide constant profit.

[FXOpen Trader]

On 12/1/2022 at 5:38 PM, James Mcgrant said:

Robots provide much more profit when compared to manual trading. Robots can be expensive, but they provide constant profit.

When we are making use of the Forex based Robots then we will have to understand how much income is possible for us.

[Hudson]

If you still have some knowledge, you can try Robot.Their analysis is very easy to understand; just read their trend, which is an increase, and simply bet on the increase.

 

[davidblack]

Trading in the financial markets can be done in two ways: with robots or by hand. Robots, also known as algorithmic trading, use pre-programmed rules and algorithms to automatically execute trades. This method is advantageous because it can execute trades faster and with greater precision than a human trader. Manual trading, on the other hand, is when a trader makes decisions based on their own research and analysis. This method provides greater flexibility and adaptability to changing market conditions. Manual trading, on the other hand, is susceptible to human error and emotional biases. Both robots and manual trading have advantages and disadvantages, and many traders combine the two to maximise their chances of success.

Candlestick trading guide

[boltushkin]

I personally approach robots with caution and a little skepticism. Mostly because I believe you should learn to trade manually as well as some basic things about robots - I don't think they are a shortcut for learning, and they might need modification over time as market circumstances change.

[RolexFX]

Robotic trading is adaptable yet emotionless and moves positions more quickly. A trader can execute with larger earnings while trading manually, but it also takes solid plan and ability.

[boltushkin]

I do not know how to set up a forex robot with a forex trading account, maybe if want to trade i may trade without a robot. beside, i believe working software costs money. if you get helps from experts, then i think it is not a bad idea to use a forex robot or code it yourself. 

[Andrae]

Robots are beneficial since they free up your time so you can place orders and monitor the market, but in order to succeed, one must be well-versed in forex and apply when necessary. Only when the machine and the mind are working together will there be actual profit.

[Paul12]

Although automated trading minimizes the frequency of errors such as fat finger blunders, which are more common in manual trading, faults do occur when creating or implementing an automated system.

[jamante]

Im sticking to manual trading at hfm, its just what im used to anyway. 

[bigxy]

On 10/9/2022 at 5:30 PM, FXOpen Trader said:

I am doing my trades using the Manual methods of trading.

Manual trading is better and best in my opinion if we know how to trade and make money.

[FXOpen Trader]

On 3/16/2023 at 7:45 PM, bigxy said:

Manual trading is better and best in my opinion if we know how to trade and make money.

I am only doing manual based trades.

[Ralph]

While traditional traders may be tempted to open positions based on market conditions, trading bots are trained to execute orders only when they are required.

This allows them to respond to price movements more quickly, making them a good alternative for profit maximisation.

[bigxy]

On 3/31/2023 at 1:16 AM, FXOpen Trader said:

I am only doing manual based trades.

If you have a profitable strategy then you can even get it coded in an EA to automate your trading experience.

[ShawnMurphy]

ROBOTS all the way

[bigxy]

Yes robots can be helpful yet these EAs are coded to follow technicals in my opinion so they might require monitoring during the high volatile markets.

[radex78]

If you have good knowledge to become programmer, you can try to create many robots and backtest robots to find the best one, there are many crazy sellers in MQL5 sale robots with very expensive prices, I like manual trading so far, it is cheaper trading.

[ThomasFernandez]

You can attempt robots if you still have some expertise. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth.

[radex78]

Maybe there are big company like a bank that uses super computer to run a sophisticated robot, sometimes I see on the chart seem weird, the price move and draws up down rapidly in second and landed in the same price, I think this is a robot trading work

[Hudson]

If you are new to trading and have limited understanding, you can use a robot. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth.