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Forex Forum to Share, Discuss, Communicate and Trade Forex • Do you believe in Forex Robots?
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Re: Do you believe in Forex Robots?

PostPosted: Sat Jun 27, 2015 7:58 pm
by Sydney Callaway
No, I don’t think there is any robot that has really proven that they work, it is mostly based on promises, but when it’s about delivering the results we hardly find anything working at all, therefore we should not trade using robots unless it’s 100% results guaranteed. Currently just by manual trading I am having pretty good rewards with help of OctaFX broker and their sensational news and analysis service, it’s just brilliant having such type of service that too for free of cost.

Re: Do you believe in Forex Robots?

PostPosted: Tue Jun 30, 2015 2:58 am
by Kikizyak
Some expert advisers are really good, and be honest, all of us know that 80% of trades on the Forex market are made by robots. I dowmload EAs from my broker Freshforex website, it offers pretty useful software.

Re: Do you believe in Forex Robots?

PostPosted: Sat Dec 05, 2015 4:54 am
by Sininfinity
Well I don't trust robots which trade on a human's behalf. But I Like those ones which manage trades. Because the robot itself does not do anything. All task is done by the trader and robot just executes it.

Re: Do you believe in Forex Robots?

PostPosted: Tue Dec 08, 2015 11:43 am
by radex78
So far I am not use robot i my trading, often I am hear any trader they losing money using robot, so I am prefer with manual trading wioth own selves risk and profit that will obtained, with manual trading I can make plan about risk management for learning, and using robot also need to hire vps to running robot for twenty four hour..

Re: Do you believe in Forex Robots?

PostPosted: Sat Dec 26, 2015 2:06 pm
by pro4xtrader
I do not believe in Forex Robots. These are not helpful to make profit in forex trading and therefore I do manual trading. Manual trading is the best option for short term and long term trading.

Re: Do you believe in Forex Robots?

PostPosted: Sun Jan 10, 2016 12:14 am
by radex78
I am never use robot so far, and prefer with manual trading, ever I am trying use scalping robot, but what happen is the end result also still often loss ,so then eventually back to manual trading with own analysis, often I am hear certain trader also get margin call using robot although not all robot will work bad, but for me manual trading still become favourite trading.

Re: Do you believe in Forex Robots?

PostPosted: Sat Apr 16, 2016 4:57 am
by Sininfinity
So I am not the only one here who prefers manual trading instead of leaving to an EA. lol

Re: Do you believe in Forex Robots?

PostPosted: Thu Sep 29, 2016 1:17 pm
by hafizmd
On my opinion robots are not bad sometimes. For newbies they can be quite good helpers (there is also social trading, by the way) which will help to learn trading on Forex. Robot is programmed to analyze the price movements and to find the best time for entering and quitting a trade. Newbies can watch and analyze that until they get it by themselves.
Another side of trading with EAs is lack of control. If you trade manually, you can notice that situation began to play against you and close the order. Robot won't understand this untill the price will meet your SL level.

Re: Do you believe in Forex Robots?

PostPosted: Thu Feb 09, 2017 12:12 pm
by locky
No I do not like robots as a trading tool. I like manual trading. I think robot needs cotinious upgradation with time. Market do not behave same all the time that's way a robot needs upgradation. As I can not make my own my robot, I do not like robots. I am a binary options trader. I do not use any robot for my trading. For options trading broker is important as most of the broker are not regulated. I like lxmarkets.com as it is a regulated broker and it has highest payout rate in the market.

Re: Do you believe in Forex Robots?

PostPosted: Tue Feb 21, 2017 8:01 pm
by Zebt
which broker allow ti use EA in trading?