Robots Vs Manual Trading?

[radex78]

if possible use the robot first you need to backtest the robot as first research and observation, if in backtest robot provide good result hence can be forward to use a demo account or a real account, however not all robot are the same, should understand robot suits with small capital or only work for big capital. Besides it also brokers should allow traders to work using robot. 

[James Mcgrant]

If you are a beginner, I suggest trading with an EA since the execution is faster and more profitable, whereas advanced traders can manually trade because of the experience and knowledge gained.

[nanamage]

It's better to trade manually than a robot because some scams too, like Sunton Fx make all traders make margin calls at the same time.

[radex78]

When you trading using robot, make sure the broker allows trader using ea, and choose reliable broker is important because there are  story certain trader having profitable ea but suddenly his account blocked by the broker with reason violating rules, even trader don't feel make a mistakes with his robot.

[nanamage]

Robot trading, also known as Expert Advisors (EAs) in the world of forex trading, is a computer program designed to automatically execute trades based on pre-programmed rules. These trading robots use algorithms and scripts to analyze market data, identify trading opportunities, and place buy or sell orders without the need for human intervention. However, it's important to remember that even though trading robots have the potential to assist in trade execution and eliminate emotions from the process, they are not entirely risk-free. Trading robots need to be carefully programmed and managed wisely to avoid over-optimization and unexpected market situations. It's perfectly fine to feel comfortable with manual trading on FreshForex. Many traders prefer the hands-on approach of making trading decisions themselves. Whether you choose manual trading or consider automated options, what matters most is using a strategy that suits your trading style and risk tolerance. Happy trading!

[FXOpen Trader]

On 9/27/2023 at 3:19 AM, radex78 said:

When you trading using robot, make sure the broker allows trader using ea, and choose reliable broker is important because there are  story certain trader having profitable ea but suddenly his account blocked by the broker with reason violating rules, even trader don't feel make a mistakes with his robot.

When we are doing our trades with the help of Forex Robots then the most important factor we have to consider is that we need to use such kind of EAs that have the most profitable trades.