Do you believe in Forex Robots?

[Karissa Graham]

Some times trader get worst results with good robots that have previous proven records because trader did not configure it properly and apply wrong things that destroy the mathematical techniques of robots. Good configuration is necessary to get profits and we can do this if we have adequate knowledge of Forex trading and about its technical.

 

[triplet]

Forex robot can be very expensive . But in all i always prefer manual trading. The forex market can be very risky can change any minute and on most cases a forex robot can not be able to handle such situation because it work base on programming.

 

[mr forex]

Hello. I don't believe in Forex robots as well. I have been in the market for over 5 years and in my experience, like you said, they only tend to work for short period of them. The reason is the robots are programmed to work at the current time that they were created, that's because the creators can't foresee the future and hence they can program it to work (if at all) to work with the latest economic situation. Since the economy is ever changing and the robot is not (static program), it tends not to work at a later time.

So for me forex robots are a bit useless. It is more valuable to develop and learn to trade manually and master the subject and that's why I wrote an article on When to Move From Demo to Live Forex Trading to help people get used to manually trading and stop putting all their hard-earned cash into other people's pockets.

 

[olivine]

No I do not like robot trading . Satisfaction and confidence that I feel in manual trading is not the part of robot trading. I make some profit with robots but suddenly a great loss was waiting for me, Now I not believe in robot trading just rely on my skill.

 

[duxingxia]

No I do not like robot trading . Satisfaction and confidence that I feel in manual trading is not the part of robot trading. I make some profit with robots but suddenly a great loss was waiting for me, Now I not believe in robot trading just rely on my skill.

I also don't like robot, and obviously robot can save our time and improve efficiency. Maybe I will try robot later.

 

[Callagy20]

I don't in any way doubt the profitability of forex robots, at least it is a scientific world and the forex is supposed to have its touch of technology since not all would prefer manual trading but then before you get a robot on a live trade; ensure to backtest it. But then don't put all you have into a robot trade yet, just use only your risk capital.

 

[SurtiTrader]

I believe in myself and I believe that manual trading is the best trading rather than using robots as it gives us full control over our transactions.

 

[eagle]

I don't believe in forex robots of any kind no matter how much a trader show me the proof. Most of the proofs are either as screen shots on or a demo account. There aren't any real account trading proofs of robot trading.

 

[Fxpipper]

For those that still believe in robots, well unless you know how to tinker with third party codes, be able to tweak the robot to suit your strategy, you're not going to be able to do much with it..

And yea, we have all seen the snake oil pitch about how one can mint millions and NOT have to do any trading at all - well, that's so far removed from reality that one can actually make a movie out of it.

Manual trading is the way to go..start with a small acc, around hundred usd and slowly build it up..good luck

 

[davidblack]

I do not trade with robots because i do not trust on them. So i prefer to trade manually.

 

[harissi]

can some one suggest a good EA program ? i never used one before but i want to try it and see if it actually work , its too good to be true