Robots Vs Manual Trading?

[Samar]

Using robots for newbie could be dangerous because they should know on it before going to this trading world. But they can use to trade by both their hands & robots then the prediction will be right as well with higher leverage can help us to earn more. although I didn't try it before but want to try some days.

[RodWell]

Most of traders will prefer manual trading because it gives the trader the chance to actually learn Forex and get used to the reflexes that are quite common in the markets. Robots deny us this rare privilege. With manual trading we could control how much loss which we will tolerant. If we had good money management and good knowledge in forex, manual trading will be good. We could train and get experiences in there with low risk or limited risk.

[sakai]

I see that 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 rely on robots on some tasks but we can't rely on it to be such a successful forex trader.

[StevenBendre]

With robot trading, there is probability to washout our account. i never used any robot but heard from many forex forum that sometime it may harm us more. Anyway to buy robot we need good amount of money and for trading this robot also need good amount of money and about free robot it always a doubt about its performance.

[HarryPotter]

Well, I never used robot trading because it couldn't be controlled how much lot size that is used in each transaction, where did we put stop loss and another thing to limit our loss. I am afraid if my account will be gone very soon if I used that. I prefer to use manual trading because it could be controlled well.

[Samar]

Actually I don't prefer allowing a robot to take control of our trading account and toy with our money, no matter how good the brand is, I prefer to trade forex by myself, its better that way. Allowing robot to do our trading for us will make us lazy to start trading, and can limit our knowledge of forex too. I prefer trading forex with my hands rather than some robots to do it.

[sakai]

I don't recommend using robots a lot. Using robot is simple but it's risky if you didn't know about trading at all. If you knew how the robot works, you will know the best time to use that robot and the best time to stop from trading with that robot if you didn't want to trade manually.

[ivan]

Forex trading robots are usually based on fundamental analysis when they trade so that is the main loop hole that it has. In event of major economic news hitting the market, the trader will lose in that trade. Forex is very dynamic and for this robot also fails some time and for this I always prefer manual trading and if we loss than it at least give some learning to us.

[StillAlive]

To be successful one should have good knowledge of forex and should apply whenever the true profit needed will come only when machine and mind work together in a smart way. 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.

[sakai]

It's better for only experienced traders and experts, because you can't depend only on robots. 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.

[Samar]

For traders who lack insufficient time then trading using Forex robot is recommended. If you would have 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.

[StevenBendre]

I was surprised by the number of beginners who have large capital until he bought a robot, and depend to it. I would personally recommend trading manually for newbie. That will help them to understand the basic and logic of forex trading.

[HarryPotter]

Newbie 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. So the robot is not recommended for beginners, because they still need a lot of learning on the basis of forex.

[standart]

robots actually is manual trading system. with help from coder, trading system transfered to automated trading system. when trading system good, automatically the robot will be good. however, since the market chances, sometimes robots unable to adapt with market changes. for me, I prefer to trading with manual system.

[ivan]

There are still some newbie 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 more than their minds. So, it’s clearly that the beginner trader has no need of a robot.

[StillAlive]

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 price and we will not be learn anything if we trade with robots. 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.

[Samar]

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. I think its better to trade manually even if we lost but it will be our learning.

[sakai]

It is better to have trade manually and suffer some loss instead of paying fees. Robot just recommend for trader which do not have many spare time to trade, so expert advisor could be their alternative way. , I will go for manual trading over robot because of the reason that we have to spend monthly cost on robots.

[standart]

I am still prefer to use manual trading because EA coded by rigid formula. EA can't adapt with market changes and they will generate losses to traders. when use manual system, we can react based on market changes and cut our loss early before it going worst. 

[StevenBendre]

It's hard to select good robot and there is probability to lost money choosing this robot because i heard that the price of robot is not small but very good amount and if its fail to do win trade then we will loss money in trade for robot. You have to first choose a good robot system and the monthly expense is there to be paid. It will leave you short on profit even if the robot is doing well for you.

[HarryPotter]

Through demo account you can learn how to trade better when you entered to real account. It's right if people said that demo account is training account so in real account we will know what we must do. Demo account is place where people learn how to trade on forex market.

[ivan]

If we trade through robot and we watch what this robot doing then surely will get some experience but for this we need to stay with robot. Anyway it’s better to trade manually to get experience and our future. for newcomers who want to know the strategy or skill to be good trader, then it could be dangerous to use robots, because they don't know the truth, robots will not be correct every time.

[StillAlive]

Newbie can use robots to trade by both their hands & robots then the prediction will be right as well with higher leverage can help us to earn more. But I would simple choose manual trading because even if we make mistakes in manual trading, that will be our experience and which will benefit us in future trading but with robot you are getting zero experience.

[sakai]

With manual trading we could control how much loss which we will tolerant. If we had good money management and good knowledge in forex, manual trading will be good. We could train and get experiences in there with low risk or limited risk. Robots are useful in many things for expert traders not for newbie traders.

[Samar]

for me I think that better do manual trading. It is not easy to use robot any ways. And it is quite expensive. I rather save the money in buying the robot. And just try to use it as deposit for trading. Most of traders will prefer manual trading because it gives the trader the chance to actually learn Forex and get used to the reflexes that are quite common in the markets.