Trading Forex - Manual Vs Robot

[anna575]

Nice post. I am also a fresher in this Forum. There are a lot of robots which is beneficial for us but Manual is better than forex robot. I read your comments, much appreciated..

[4rexfish]

Hi anna575! Mnual trading is good but with the help of robots you can get more better results the manual trading. If you are using a good type of robot and you are also checking hid efficieny and changes again and agian after an interval of time then you can get better result. Munal trading is also good but it very time consuming while trading with robots is faster and you have to do less work and can get good profit.

[bathu]

i know ur position... the best robot is your way of trade and knowledge of trade...
updated the market and economy position... manually doing is better i think..

do well

[bestforexpartners]

The foremost way to make money through forex market is to ensure your trading. If you trade yourself, you will surely get guaranteed results. However, it may take a bit of time. But this strategy is quite favorable if you consistently follow it.

Whereas, Robots as automated trading systems are also used in the forex market on a certain number of forex trading platforms. These systems are programmed under a certain coded programs that are referred as trading robots and you are required to attach the robot to a trading chart with the parameters already specified. It is similar to plug as well as play money in the machine with the usage of the right robot.

[mr.gardner]

Forex robots are for people who do not have knowledge and time to trade by themselves. I believe manual trading is much more profitable because the market is like “human” and only human can beat it.
Good Luck

[Alchemist]

Manual trading is the only effective way to trade, and remain profitable, in the long term. Robots cannot be programmed to cover every eventuality, which is where they fall down. Manual trading, on the other hand, allows for trader discretion. Obviously your trading system requires some rules to keep you on track, but without trader discretion it would eventually fail.

[cjthelegend]

If you do not learn to trade manually, then you will never know why a forex robot lost you all your money lol

There is no valuable replacement for self education and effort

[Alchemist]

Originally Posted by cjthelegend

If you do not learn to trade manually, then you will never know why a forex robot lost you all your money lol

There is no valuable replacement for self education and effort

Absolutely. It takes a lot of hard work, over an extended period of time to become a successful trader. Robots offer a shortcut, albeit an illusory one.