sirwilly Posted October 20, 2010 Share Posted October 20, 2010 Recently, there's much talk about the birth of very succesful robots that one wonders if it's still worthwhile to trade manually. For sure, these robots could cost a fortune, but the manufacturers assure us that it's as fool-prof as can be. What is the place of manual trading in today's Forex markets? Quote Link to comment Share on other sites More sharing options...
hyippro Posted October 22, 2010 Share Posted October 22, 2010 So many robot. This is make me confuse to choose. Quote Link to comment Share on other sites More sharing options...
SolidSnake21 Posted October 22, 2010 Share Posted October 22, 2010 for starter what is the best way to start with? robots or manual trading and what is the best robots to use? is the use of robots notv risky that you may loose your money? need this info please. Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted October 22, 2010 Share Posted October 22, 2010 Robot are good as they save your precious time for placing the orders and watching the market - but to be successful one should have good knowledge of forex and should apply whenever needed the true profit will come only when machine and mind work togehter. Quote Link to comment Share on other sites More sharing options...
omarelalfy Posted October 26, 2010 Share Posted October 26, 2010 for starter what is the best way to start with? robots or manual trading and what is the best robots to use? is the use of robots notv risky that you may loose your money? need this info please. Quote Link to comment Share on other sites More sharing options...
dennypiyu Posted October 27, 2010 Share Posted October 27, 2010 if you still have a little knowledge you can try robot. Their analysis is very easy to understand just read their trend which one is increase. you just bet for the increasement Quote Link to comment Share on other sites More sharing options...
omarelalfy Posted October 27, 2010 Share Posted October 27, 2010 Robot are good as they save your precious time for placing the orders and watching the market - but to be successful one should have good knowledge of forex and should apply whenever needed the true profit will come only when machine and mind work togehter. Quote Link to comment Share on other sites More sharing options...
tprhzm2009 Posted November 2, 2010 Share Posted November 2, 2010 We can notice 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't rely on robot to earn money for us. Quote Link to comment Share on other sites More sharing options...
yb3889 Posted November 3, 2010 Share Posted November 3, 2010 Good to hear about robots can trade in forex so we are free to do our own job... I would say let robo earn and we keep shoping and spending Quote Link to comment Share on other sites More sharing options...
standart Posted November 5, 2010 Share Posted November 5, 2010 Although use this software, 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. Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 8, 2010 Share Posted November 8, 2010 I think they won't be a day when forex robot technology will be 100 percent effective. Once it is produced by man, it must fail in one point or the other. It's better for only experienced traders. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 9, 2010 Share Posted November 9, 2010 It depends on the needs of each, if you'd had 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 Quote Link to comment Share on other sites More sharing options...
luci1209 Posted November 11, 2010 Share Posted November 11, 2010 For a beginner i would personally recommend trading manually will help them to understand the basic and logic of forex trading. But traders who lack insufficient time then trading using forex robot is recommended Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 13, 2010 Share Posted November 13, 2010 Another condition i might agree to buy am expensive robot is if i get a 100 percent pay back guarantee if i find the robot ineffective. Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 13, 2010 Share Posted November 13, 2010 So many robot. This is make me confuse to choose. you are not the only one that is confused about which robot to choose. There are tons and tons of robot programming companies, all claiming that theirs is fool proof. I think it might have been a better trade if there was no robots. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 14, 2010 Share Posted November 14, 2010 If you confused to choose a good robot tried to find testimonial from other if it true the robot make our profitable then its good to choose, i have many offered EA but i'm not interesting because it could minimize our risk and save my money Quote Link to comment Share on other sites More sharing options...
chuna1985 Posted November 15, 2010 Share Posted November 15, 2010 If you confused to choose a good robot tried to find testimonial from other if it true the robot make our profitable then its good to choose, i have many offered EA but i'm not interesting because it could minimize our risk and save my money I guess you are right. If one needs a robot, they can find top forex trading professionals to advice them on the one to use. If you are still a newbie, don`t try a robot for now. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 16, 2010 Share Posted November 16, 2010 I guess you are right. If one needs a robot, they can find top forex trading professionals to advice them on the one to use. If you are still a newbie, don`t try a robot for now. of course the robot is not recommended for beginners, because they still need a lot of learning on the basis of forex, but I was surprised by the number of beginners who have large capital until he bought a robot, and depend to him, but he's not necessarily good at forex strategy Quote Link to comment Share on other sites More sharing options...
sirwilly Posted November 22, 2010 Author Share Posted November 22, 2010 A beginner trader has no need of a robot. Indeed, he 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! In other words, robots are for experienced traders. Quote Link to comment Share on other sites More sharing options...
boniez Posted November 22, 2010 Share Posted November 22, 2010 It is not necessary for the beginner to used robots while they still need a lot of material to be learned, but I'm surprised there are still some newbies 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 will Quote Link to comment Share on other sites More sharing options...
sirwilly Posted November 28, 2010 Author Share Posted November 28, 2010 Yea, that's what I'm saying also. 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. However, since most beginers merely are making their first steps, then they should rather learn than command a robot to carry their orders. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted December 4, 2010 Share Posted December 4, 2010 I think anyone can use robot but i think 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 prise and we will not be learn anything if we trade with robots. so i thinks its better to trade manually even if we lost but it will be our learning. Quote Link to comment Share on other sites More sharing options...
boniez Posted December 16, 2010 Share Posted December 16, 2010 well i guess nothing to worry if we used robot and invest with large amount. because if we confident with the quality of the robot then i'm sure it will be profitable, i've been heard many of trader testimonial who succeded of used robot Quote Link to comment Share on other sites More sharing options...
rehan Posted December 17, 2010 Share Posted December 17, 2010 I personally prefer manual trading over robot because of the reason that 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. Quote Link to comment Share on other sites More sharing options...
boniez Posted December 17, 2010 Share Posted December 17, 2010 yeah robot just recommend for trader which do not have many spare time to trade, so expert advisor could be their alternative way, but if the beginner trader then they just foolish theirself Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.