Vaabum Posted September 16, 2022 Share Posted September 16, 2022 I prefer to trade manually. At least, when working with a broker from ExpertOption, I chose this option, and it brought me a good result. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted October 9, 2022 Share Posted October 9, 2022 On 9/16/2022 at 11:44 PM, Vaabum said: I prefer to trade manually. At least, when working with a broker from ExpertOption, I chose this option, and it brought me a good result. I am doing my trades using the Manual methods of trading. Quote Link to comment Share on other sites More sharing options...
RodriJames12 Posted October 12, 2022 Share Posted October 12, 2022 Robot trading is flexible but lacks emotions and executes positions faster. When manual trading, a trader can execute with higher profits, but it also requires good strategy and skill. Quote Link to comment Share on other sites More sharing options...
nanamage Posted October 15, 2022 Share Posted October 15, 2022 Trading robots that use the martingle technique are very risky, because if the chart is different from the one taken it will create a high floating, so it's best to try the robot on a demo account first. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 27, 2022 Share Posted November 27, 2022 On 10/15/2022 at 5:28 PM, nanamage said: Trading robots that use the martingle technique are very risky, because if the chart is different from the one taken it will create a high floating, so it's best to try the robot on a demo account first. When the Risks that are present in our trades will stay under control we can become Better Traders. Quote Link to comment Share on other sites More sharing options...
James Mcgrant Posted December 1, 2022 Share Posted December 1, 2022 Robots provide much more profit when compared to manual trading. Robots can be expensive, but they provide constant profit. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted January 11, 2023 Share Posted January 11, 2023 On 12/1/2022 at 5:38 PM, James Mcgrant said: Robots provide much more profit when compared to manual trading. Robots can be expensive, but they provide constant profit. When we are making use of the Forex based Robots then we will have to understand how much income is possible for us. Quote Link to comment Share on other sites More sharing options...
Hudson Posted January 13, 2023 Share Posted January 13, 2023 If you still have some knowledge, you can try Robot.Their analysis is very easy to understand; just read their trend, which is an increase, and simply bet on the increase. Quote Link to comment Share on other sites More sharing options...
davidblack Posted January 15, 2023 Share Posted January 15, 2023 Trading in the financial markets can be done in two ways: with robots or by hand. Robots, also known as algorithmic trading, use pre-programmed rules and algorithms to automatically execute trades. This method is advantageous because it can execute trades faster and with greater precision than a human trader. Manual trading, on the other hand, is when a trader makes decisions based on their own research and analysis. This method provides greater flexibility and adaptability to changing market conditions. Manual trading, on the other hand, is susceptible to human error and emotional biases. Both robots and manual trading have advantages and disadvantages, and many traders combine the two to maximise their chances of success. Candlestick trading guide Quote Link to comment Share on other sites More sharing options...
boltushkin Posted January 17, 2023 Share Posted January 17, 2023 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 Link to comment Share on other sites More sharing options...
RolexFX Posted January 20, 2023 Share Posted January 20, 2023 Robotic trading is adaptable yet emotionless and moves positions more quickly. A trader can execute with larger earnings while trading manually, but it also takes solid plan and ability. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted February 13, 2023 Share Posted February 13, 2023 I do not know how to set up a forex robot with a forex trading account, maybe if want to trade i may trade without a robot. beside, i believe working software costs money. if you get helps from experts, then i think it is not a bad idea to use a forex robot or code it yourself. Quote Link to comment Share on other sites More sharing options...
Andrae Posted February 16, 2023 Share Posted February 16, 2023 Robots are beneficial since they free up your time so you can place orders and monitor the market, but in order to succeed, one must be well-versed in forex and apply when necessary. Only when the machine and the mind are working together will there be actual profit. Quote Link to comment Share on other sites More sharing options...
Paul12 Posted March 14, 2023 Share Posted March 14, 2023 Although automated trading minimizes the frequency of errors such as fat finger blunders, which are more common in manual trading, faults do occur when creating or implementing an automated system. Quote Link to comment Share on other sites More sharing options...
jamante Posted March 15, 2023 Share Posted March 15, 2023 Im sticking to manual trading at hfm, its just what im used to anyway. Quote Link to comment Share on other sites More sharing options...
bigxy Posted March 16, 2023 Share Posted March 16, 2023 On 10/9/2022 at 5:30 PM, FXOpen Trader said: I am doing my trades using the Manual methods of trading. Manual trading is better and best in my opinion if we know how to trade and make money. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted March 30, 2023 Share Posted March 30, 2023 On 3/16/2023 at 7:45 PM, bigxy said: Manual trading is better and best in my opinion if we know how to trade and make money. I am only doing manual based trades. Quote Link to comment Share on other sites More sharing options...
Ralph Posted March 31, 2023 Share Posted March 31, 2023 While traditional traders may be tempted to open positions based on market conditions, trading bots are trained to execute orders only when they are required. This allows them to respond to price movements more quickly, making them a good alternative for profit maximisation. Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 1, 2023 Share Posted April 1, 2023 On 3/31/2023 at 1:16 AM, FXOpen Trader said: I am only doing manual based trades. If you have a profitable strategy then you can even get it coded in an EA to automate your trading experience. Quote Link to comment Share on other sites More sharing options...
ShawnMurphy Posted April 5, 2023 Share Posted April 5, 2023 ROBOTS all the way Quote Link to comment Share on other sites More sharing options...
bigxy Posted April 6, 2023 Share Posted April 6, 2023 Yes robots can be helpful yet these EAs are coded to follow technicals in my opinion so they might require monitoring during the high volatile markets. Quote Link to comment Share on other sites More sharing options...
radex78 Posted June 11, 2023 Share Posted June 11, 2023 If you have good knowledge to become programmer, you can try to create many robots and backtest robots to find the best one, there are many crazy sellers in MQL5 sale robots with very expensive prices, I like manual trading so far, it is cheaper trading. Quote Link to comment Share on other sites More sharing options...
ThomasFernandez Posted June 15, 2023 Share Posted June 15, 2023 You can attempt robots if you still have some expertise. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth. Quote Link to comment Share on other sites More sharing options...
radex78 Posted June 18, 2023 Share Posted June 18, 2023 Maybe there are big company like a bank that uses super computer to run a sophisticated robot, sometimes I see on the chart seem weird, the price move and draws up down rapidly in second and landed in the same price, I think this is a robot trading work Quote Link to comment Share on other sites More sharing options...
Hudson Posted June 29, 2023 Share Posted June 29, 2023 If you are new to trading and have limited understanding, you can use a robot. Their study is quite simple to grasp; simply read their trend, which is increasing. You just gamble on the growth. Quote Link to comment Share on other sites More sharing options...
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