Dominiq Posted August 3, 2011 Share Posted August 3, 2011 Traders who try to trade without appropriate forex trading strategies, are almost destined to fail. This leads to the process of emotion cultivation which again is not good for a forex trader especially new treaders. However professional traders are highly conscious not to let emotions run over as they usually have concrete forex trading strategies to follow and no matter what, they follow it with utmost sincerity. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted March 10, 2013 Share Posted March 10, 2013 Developing good strategies and plans is the essence of successful Forex trading. Its the knowledge and skills of a trader which enables him to make good plans and strategies. Sticking to our plans is also equally important and difficult and requires adequate control over emotions. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted March 11, 2013 Share Posted March 11, 2013 Well, as for me if you are a newbie then it's much better that you develop your own and don't use any kind of robots just because you thought it can really be your advantage to use it because you don't have knowledge because I know that there are many fake robots on the internet so we must be really careful. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 14, 2013 Share Posted March 14, 2013 i agree with you newbie should be learn how to trade first and then they should learn many thing, but if you are mediocre or expert then for using robot is good for you and it seems with automatic trading you can increase your venue, but make sure to update your own forex robot Quote Link to comment Share on other sites More sharing options...
davils9 Posted May 26, 2013 Share Posted May 26, 2013 forex trading is a unique and man can earn by forex. so be care and take a sort training for be a success . so man can open a demo account for the forex market then he can earn more and more Quote Link to comment Share on other sites More sharing options...
adnan007 Posted June 1, 2013 Share Posted June 1, 2013 Well, I am not a big fan of trading automatically through trading robots as such robots might be having good results but most of them end in a loss if you have followed one. Only a few robots are able to survive the market conditions but searching for any such robot and testing them can be a major risk as it can result in a complete loss of your money. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 6, 2013 Share Posted June 6, 2013 Yeah this world is not like that we want, there are a lot of people that don't want to trade with robot, but this is about decision for me, just look at the condition, i think using robot is a good thing, you can try it and the result is good , you can do high frequency trading and even when you are sleeps , i did that things once but later i stopped it since it seems that robot is not good after more than 40 consecutive execution Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 9, 2013 Share Posted June 9, 2013 Forex market is an international market. Every man can earn from forex and be success in life . so it is good for man and students. Student can earn money from forex besides there studys. so man can join here and start a traiding and then start his trasing and he will be success. Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 10, 2013 Share Posted June 10, 2013 trading is most important for the man and woman. there are no man can make money easily such as a good trader. A good trader can earn more and more by the forex and many others man wants to learn it. So it is most important for the man and woman. There are no man can not make money from here. Quote Link to comment Share on other sites More sharing options...
Decub Posted February 2, 2014 Share Posted February 2, 2014 Without skills, the trader is not only wasting his time but also wasting his money. Trading without any trading skills is more like intentionally burning your hard earned money. If a trader really wants to make money from Forex, the need to learn is non negotiable. Quote Link to comment Share on other sites More sharing options...
standart Posted February 6, 2014 Share Posted February 6, 2014 traders can set TP and SL if want to conduct automatic trading. they can leave the chart in order to do other activities. or use robots but such way not advisable since robots have weaknesses. they are unable to adapt with market changes quickly and during the process, robots will give losses to traders. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 6, 2014 Share Posted February 6, 2014 I don't like automated trading this always make me loss confident in myself can sometime make me more lazy that is why I don't like automated trading ,its better for me to trade from my skills Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 automatic trading we called is expert advisor working, with EA we can enjoy more than self trading, and we can use lot of time to do other activity. but you also must see the EA working is give you gurantee and good result. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 12, 2014 Share Posted March 12, 2014 I don't like automatic trading or the use of robots in trading in the forex market. Robot can be able to make the trader to lose his or her money. That is why I prefer to trade on my own so that I will be able to handle and to control my account in other to control the losses. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 15, 2014 Share Posted April 15, 2014 In case you are a novice then It truly is considerably superior that you just build your particular person And do not use any kind of robots Simply because you viewed as it may undoubtedly be your benefit to make use of it mostly as you do not need info just because I have an understanding of there are lots of bogus robots on the internet so we should be actually conscious. Quote Link to comment Share on other sites More sharing options...
Ajitesh Roy Posted August 6, 2015 Share Posted August 6, 2015 Automatic trading is not good especially if one is capable of trading himself, I believe that mostly auto trading was created for people who had trouble trading due to lack of time, but had money to invest and that’s where it was okay for them to target low profit with robotic system, but people who have time, it’s terrible to go with automatic system. I always trade myself especially with having OctaFX broker at my side with their mobile platform, it is really helpful. Quote Link to comment Share on other sites More sharing options...
Decub Posted August 6, 2015 Share Posted August 6, 2015 I don't like automatic trading or the use of robots in trading in the forex market. Robot can be able to make the trader to lose his or her money. That is why I prefer to trade on my own so that I will be able to handle and to control my account in other to control the losses. Well, it's not for everyone. There are those who are good enough in trading with those software and they make it. It is all about planning and knowing how to use it because it is more like you are trading yourself only that here, you do the whole thing that is required not on your own but with the help of software and that is where a lot of people fail. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 8, 2015 Share Posted August 8, 2015 In here everything is automated, so we don't have any effect here when the trading is start but when the trading is stop or that is the pre-trading you will need to learn how to manage the whole risk which you will get later when trade. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 12, 2015 Share Posted August 12, 2015 Turn your trading into more automated phase is a good idea, and you can relax more. But you must know the side effect of doing this. You must know well the bug of your robot, or how that robot will manage the risk and what is its behaviour when reacting to volatile situation and so on. I don't against it for sure but it will be better to know it first and use it after we know what we want to automated. Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 14, 2015 Share Posted August 14, 2015 Trading automatic is also good thing. This thing will mean that you don't have to start bothering yourself when you have other things to do. In this scenario, you can just place your trades automatically and still take care of some other things which you need to take care of. Automatic trading is actually nice because it helps to relief you of always watching the market by yourself as the auto tools will do this for you. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 8, 2015 Share Posted September 8, 2015 True, this thing will help someone who don't want to be bother by many non existent things or someone who want faster execution rather than the click of human's mouse. Aside from that, there are a lot of big instuition whose believe to robot's analysis which created specifically for trading and has ability to trade huge money in relatively shorter tempo. Quote Link to comment Share on other sites More sharing options...
Norm O'Neill Posted September 27, 2015 Share Posted September 27, 2015 There are 2 issues with people doing that. Firstly they don’t have time in honest way while 2nd are types which are happy wasting time on social sites, but for learning they don’t have time. I believe auto trade is good for first option due to their genuine problem, but for people who are on purpose not willing to learn is not going to succeed. I use manual trading which is easier and more beneficial for me due to help by OctaFX broker with their low spread of 0.2 pips. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 4, 2015 Share Posted October 4, 2015 Well it is somehow not really bad to use automatic trading isn't it? It has more advantages and you can keep it in shape especially during very volatile time such as NFP or CPI news, i mean keep it in shape actually to stop it and trade to manual ways, if that is not so volatile you can use it. SOme banks have their own policy to turn off all automatic trading if there is very volatile news. Quote Link to comment Share on other sites More sharing options...
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