Trading Forex - Manual Vs Robot

[Time2Fx]

Hey everyone, i'm Fx newbie & i really want to ask, what's the best way to trade forex online, Manually or By using Forex Robot, i'm curious bcos a friend of mine is convincin me to buy a Forex Robot to trade as a newbie.

Please i need your suggestions.

Thanks.
________
LovelyWendie

[JEAN]

You should make your own strategies and look for results your self since it is your money on the line; you should be in control of how it is being trade.
If you are just starting, then learn! The best robot is knowledge…


PS: If you are soooo curious, there are many robots to try for free!!!
This broker has some: ac-markets.com
Good luck!!!

[Time2Fx]

Originally Posted by JEAN

You should make your own strategies and look for results your self since it is your money on the line; you should be in control of how it is being trade.
If you are just starting, then learn! The best robot is knowledge?


PS: If you are soooo curious, there are many robots to try for free!!!
This broker has some: ac-markets.com
Good luck!!!

Perfect Post, nice saying! so u advicinq for manual tradinq, well dats cool i will give it a try but my question here is that, how do i start forex tradinq, ok now i have LR (Liberty Reserve) which some Fx brokers do expect, and which easy forex broker can i start with as a newbies.

I need help on this!
________
ass Cam

[JEAN]

Hi!!!
I can see that you are a newbie in deed; I trade with ACM they are a well-known broker…
Don’t trade with real money until you are completely ready!!!
I suggest you download a demo account from their web site so you gain real experience, then you’ll know if this suits you…
Also keep up with the news; it is vital for a trader!!! In their site there is a news section, try to check it too...
any question, ask me!!!
REGARDS

[bestforexsoftwares]

The best is to diversify your portfolio among them..

Use 1 account for automated trading..

Use 1 account for manual trading..

Use another account for manual + forex software aided trading...

Thats what I do...and I am always well-diversified from any risk

[andy003]

No one can compete with knowledge. In fact automated system is a result of human intelligence. however every one IQ is not equivalent so for them robot is an added advantage. But traders with great expertise must avoid automated system as they can harm the intelligence and i am sure they won't like to loose their skills.

[dvonn19]

My opinion - Forex Robot is made based on certain pattern or historical data, if the pattern is not sync with current market (ranging or choppy) then forex robot is not realiable. I never use forex robot.

[ContraTrader]

There are many robots which attempt to profit, but in reality it is a very hard endeavor. There are many things that the human eye can see and identify, such as Support and Resistance levels and Patterns. It is very hard for an EA to calculate all these factors and to create a solid decision.

Personally I manual-trade and am satisfied with my results. I don't know many EAs which can compare to my performance.

[FXexpert]

I agree, there are some very profitable and accurate EAs though, you just have to find the right one.

[subhaikav]

Though there is more development in technology, we cannot fully rely on robot where manual input is very essential. So, doing manual is better than forex robot.