Why are Forex robots not performing

[rivakwa]

Forex trading is acknowledged World wide as a money spinner but people especially white collar workers do not have the time to trade.I have heard of trading robots which is a good idea but there is these bias against Trading robots that it loses big time during trading,bring colossal loss to the owners.When I hear of Forex trading robots,am scared more I have been scammed once.My soul longs to have a good Forex trading robots but am yet to see a high performing or excellent performing one.I stand to be corrected though

[gds221]

For me, robots are not an option at all. I believe that manually a trader can earn a lot more without too much trouble.

[Gidencenti]

because you need to look for normal options for yourself, and not take anything

[gds221]

Many traders believe that robots are not the most reliable option to work with now.

[Vaabum]

Of course, I am very smiling when people think that the robot will make a fortune instead of them.

[Dora Wi]

It is wise to be cautious about robots. They are not a shortcut for learning the basics of trading - you have the best chances with a robot if you have the ability to code and thus modify robots to really suit your needs and the market conditions. It's also important to never use a robot made by someone else without testing it first.

[Vaabum]

Most often, robots are sharpened for one algorithm, and if they deviate from the algorithm, they simply cannot make a decision.