cokodot Posted December 2, 2017 Posted December 2, 2017 Until now, I still trade manually in forex trading. And I also try to maximize demo account to hone my trading skills in FXB Trading. I try to learn from experience which I can get from demo trading. Quote
myregister Posted December 3, 2017 Posted December 3, 2017 Until now, I still trade manually in forex trading. And I also try to maximize demo account to hone my trading skills in FXB Trading. I try to learn from experience which I can get from demo trading. Not all of the traders around the world prefer manual trading, first of all it is a tedious task to trade and the more energy we spent on forex, we will feel lousy and lose our concentration. With robot trading, you don't have something like that. Your emotions is safe because it is not you and you can set even how much TP and SL before the robot will close your position. Quote
Sininfinity Posted December 12, 2017 Posted December 12, 2017 Not all of the traders around the world prefer manual trading, first of all it is a tedious task to trade and the more energy we spent on forex, we will feel lousy and lose our concentration. With robot trading, you don't have something like that. Your emotions is safe because it is not you and you can set even how much TP and SL before the robot will close your position. Well people can create a preferable work schedule to trade on certain time range. They don't have to stay in front of the charts all the time. Staying in front of the chart all the time will make one boring. I have seen some claiming that they don't get bored staring at the chart but from my own personal experience it get boring after certain time. But robot trading is not the solution for that. Quote
myregister Posted December 15, 2017 Posted December 15, 2017 Well people can create a preferable work schedule to trade on certain time range. They don't have to stay in front of the charts all the time. Staying in front of the chart all the time will make one boring. I have seen some claiming that they don't get bored staring at the chart but from my own personal experience it get boring after certain time. But robot trading is not the solution for that. True, it is pretty boring to stay there watching all the price goes up and down. Automated trading will help us in this case, it release us from duty to manually perform all action like cut the profit or cut the loss. If your robot works well, it even give you nice profit without your interference at all. Quote
Sininfinity Posted December 19, 2017 Posted December 19, 2017 True, it is pretty boring to stay there watching all the price goes up and down. Automated trading will help us in this case, it release us from duty to manually perform all action like cut the profit or cut the loss. If your robot works well, it even give you nice profit without your interference at all. A robot that performs your actions based on you commands is a good tool but a robot which trades instead of you is a bad idea. When you are in a trade and have setup stop loss and have thought of some levels if trade goes your way then a robot can do the job for you and you don't have to wait for that price action to happen. Quote
pepy Posted December 22, 2017 Posted December 22, 2017 Depend on your view, but there are a lot of traders who feel fine to let robot to works for them because they lack of emotions which still inside of human, you also need to train human to control emotions, but robot? You don't need just turn it on and then left them to do the rest, it is not like robot have some kind of awareness at the moment, right? Quote
uncle gober Posted December 25, 2017 Posted December 25, 2017 managing trading well and correctly it is easier to do manual trading with discipline on good money management. Fund management in forex trading is the main key in maintaining our balance when facing a bad situation in the forex market Quote
myregister Posted January 6, 2018 Posted January 6, 2018 managing trading well and correctly it is easier to do manual trading with discipline on good money management. Fund management in forex trading is the main key in maintaining our balance when facing a bad situation in the forex market No connection with robot vs manual, but let me assume you are talking about manual management. This is fine and usually takes like 1-10 minutes at most, the key is in your hand, if you were incapable of managing the funds you will lose it( around 95%) or vice versa if you were capable enough. It is not hard and depend on someone's preference. Quote
pepy Posted January 8, 2018 Posted January 8, 2018 No connection with robot vs manual, but let me assume you are talking about manual management. This is fine and usually takes like 1-10 minutes at most, the key is in your hand, if you were incapable of managing the funds you will lose it( around 95%) or vice versa if you were capable enough. It is not hard and depend on someone's preference. It is okay for someone to use manual trading management, it is not bad style. But if you can make some parts of it automatic it would be good for most of us. Robots takes nearly the whole process of trading to be automatic, it is just like you just set SL and TP and then let robot to take the open position. Quote
uncle gober Posted January 9, 2018 Posted January 9, 2018 because managing the funds and the risks that exist in the real account with the manual bsai add to our trading experience got better and more maximal again, that's why traders should be able to run trading activities well and more focused again. Quote
Sininfinity Posted January 30, 2018 Posted January 30, 2018 It is okay for someone to use manual trading management, it is not bad style. But if you can make some parts of it automatic it would be good for most of us. Robots takes nearly the whole process of trading to be automatic, it is just like you just set SL and TP and then let robot to take the open position. There are many trade management robots out there and using them is not harmful if a trader is using a systematic approach. And the trader does not want to stay in front of chart so he can set up the robot to do the things for him when certain conditions are met. Quote
JohnyIve Posted February 21, 2018 Posted February 21, 2018 There is 2018 .. still robots are inferior to independent trade Quote
Gee Dee Posted February 25, 2018 Posted February 25, 2018 Though automated trading platforms or forex robots are extensively using in today's digitization era; we can't completely ignore the importance of manual trading in various critical situations. There are many important and critical situations where we can't fully rely on robots since robot contains an artificial brain. It does not have the unique brain to change decisions like a human if any unwanted and sudden changes occur. Thereby while I am trading with big and significant trading lots ae well as in the very uncertain situations of the market, I prefer manual trading. Quote
JohnyIve Posted February 26, 2018 Posted February 26, 2018 No one robot will not help to become a pro trader. Remember it. Invest not in robots but in your own education Quote
Sininfinity Posted July 3, 2018 Posted July 3, 2018 Well I do not support robots but there are good robots exists there. But they are not available on the internet and used privately. So chasing after robots will not bring good results. We should focus on where we can bring positive pips to our account. Quote
anton.blood Posted March 22, 2019 Posted March 22, 2019 robot or manual? How many robots are used to trading? Quote
Sininfinity Posted April 12, 2019 Posted April 12, 2019 robot or manual? How many robots are used to trading? There are countless robots out there but most of them does not generate profit. Those robots just follow certain rules and executes trades. Quote
Vaabum Posted August 21, 2022 Posted August 21, 2022 I am a real hand trader. This option seems to me much more accessible and safer now. Quote
Dora Wi Posted August 22, 2022 Posted August 22, 2022 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. Quote
Vaabum Posted August 22, 2022 Posted August 22, 2022 I prefer to work by hand. This seems to me to be the safer option. Working with a broker from ExpertOption, I was able to make good money manually. Quote
FXOpen Trader Posted September 1, 2022 Posted September 1, 2022 On 8/22/2022 at 6:56 PM, Vaabum said: I prefer to work by hand. This seems to me to be the safer option. Working with a broker from ExpertOption, I was able to make good money manually. We will need to learn trading using own trading based skills. Quote
Vaabum Posted September 2, 2022 Posted September 2, 2022 working with a broker from ExpertOption, I definitely choose to trade manually. I like this option much more. Quote
ThomasFernandez Posted September 9, 2022 Posted September 9, 2022 It is true that manual trading is more flexible than robot trading, but robot trading lacks emotion, does not sway by it as humans do, and executes positions faster. Quote
Vaabum Posted September 14, 2022 Posted September 14, 2022 I think it's better to work manually. This option seems to me much more correct. Quote
ParkChoi Posted September 16, 2022 Posted September 16, 2022 To begin with, what is the best way to get started? Are robots or manual trading better and what is the best robot to use? Is the use of robots not risky enough that you may lose your money? Quote
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