Do Robot helps us to earn good in forex?

[riddick09]

There's no such trading system that proven for consistency in winning but to have our trading system that is comfortable and we already known for. I don't think robots though, a great help for those who have more confident to their selves than others. And I also don't rely on robots.

 

[Forex Traders]

Robots can help, why trade your self if trading signals can do it for you

 

[monyitomon]

It can help, but it can't guarantee that you can make profit. That is why some Forex traders just using a robot to save time because if you have a robot then you can automate some of the things like opening a trade so you don't have to do that.

 

[chintu]

making use of this forex robots will not give us knowledge so i think its better to trade physically so that you will be getting knowledge and as well you can make a good profits with forex business . Robots will be very helpful for the traders who are new to forex and who don't get much time to trade with forex due to there regular work .

 

[kasual]

forex robot basically is come from manual trading system and if traders want to know the robot performance, should test it first or at least know the system behind the robot. without knowing it, we will never understand if someday the robot not work well and causing our account get margin call.

 

[rizal83]

I think using the robot will only help us to get a good profit in a very short time because we know that the robot will only follow forex trading system while having a very drastic change from day to day and over again we keep doing good trade manually can benefit better than using a robot

 

[budado]

Earnings using bots will always depends on our trading strategy. Because if we don't have a trading strategy then what kind of bot do we going to acquire? If we going to get lets say scalping bots. How will you know that its doing the right thing? Because if not then the bot is trading erroneously and we can't detect it until its too late.

 

[sindarin]

@rizal: That is depend of the creator. I see some banks and trading instuition still using robot to trade in forex, because robot performance if you can set it in the right condition is better than human. It is more than you can imagine, but we need to update it anytime and according to the condition of market.

 

[eddiej]

Bot are usually sold at outrageous prices and most traders will advice you to stay away from bots. I personally think they're not worth it. And you don't learn anything about trading if you use a bot anyway.

 

[budado]

I advice if you are going to buy online bot then don't. Theirs just too many scam bot seller that give genuine bot a bad name. If you really want to have a good bot you need to invest big money and hire a programmer. That's why big financial institutions and big banks has bots to help them maintain big accounts and do technical analysis. But if you only investing 25 dollars and use free bots then what will you going to expect? That you can get good bot?

 

[riddick09]

If we don't want to trust others then, we might not have Forex robots and if we are going to have our skills then, we better trade on our own. See, that robots aren't really that great if we fail to manage it properly so, better to just manage or handle our own strategy if we can do it.

 

[glucoseguy]

Yes but robots have some advantages as they can help us to monitor our trades while we are busy especially when we are asleep. I think combining robots with our forex skills can make a forex trader gain more profits. Nevertheless, I don't support depending totally on robots.

 

[budado]

If we don't want to trust others then, we might not have Forex robots and if we are going to have our skills then, we better trade on our own. See, that robots aren't really that great if we fail to manage it properly so, better to just manage or handle our own strategy if we can do it.

In forex trading we don't rely on trust we rely on certainty. Why just rely on trust if we can do back ground check before we do some transaction. Its better that we don't jump in right away. Its better to loss that opportunity than to loss our money. Because opportunity can come back again but if we loss money its hard to earn it back.

 

[indieover]

In forex trading we don't rely on trust we rely on certainty. Why just rely on trust if we can do back ground check before we do some transaction. Its better that we don't jump in right away. Its better to loss that opportunity than to loss our money. Because opportunity can come back again but if we loss money its hard to earn it back.

yeah sometimes we have to thing the money we could save than the money we could have earned. anyway, money saived is also money earned but i do think if you are not familiar with using robot then don't use robot and just do manual trading. because it is not easy to use robot also.

 

[sindarin]

Forex robot is helpful if we know how to use it, some traders maybe think that forex robot is not good but if we use VPS to them and create our own robot then i am sure we can made our trade more efficient, you can trade in 24/5 with robot or you can combine with yours, i mean you trade usually about 10 hours per day, then robot will take the rest hours you have, while you sleep you still have chance to get money.

 

[UMOFX IB]

May be some robot help to get high profits from trading. But they are not reliable all the time. They can be fail any tme. We should not rely on robots full . Only manual trading is best to which we can control any time. Robot do trading all the time when we set them .Some times they can not cope with market situation.

 

[rizal83]

the use of robots to trade would be effective if we already know the work of the robot system and I think we also have to frequently monitor the state of the market that is going on so that we can re-setting the robot that we use and can get a good profit from the use of robots mentioned

 

[budado]

yeah sometimes we have to thing the money we could save than the money we could have earned. anyway, money saived is also money earned but i do think if you are not familiar with using robot then don't use robot and just do manual trading. because it is not easy to use robot also.

Bots is really helpful. We just need to find a good source of bots. Anyone who has a basic programming knowledge can create or program a bot. But in term of its reliability that's concerns me. That's why if we are just a small time home base trader its advisable to trade manually and if ever you want to try bot just use it in demo account like I do. Soon if you have big capital and big earnings you can hire a real programmer to program you a bot that can trade base on your specifications.

 

[sindarin]

the use of robots to trade would be effective if we already know the work of the robot system and I think we also have to frequently monitor the state of the market that is going on so that we can re-setting the robot that we use and can get a good profit from the use of robots mentioned

I think for each people if they know robot well then they can use it for this thing maximum potential and of course, it will bring more profit for forex trader who use it, and it is better to created it by ourself, because we will understand that robot better than others.

 

[indieover]

Only the trader would or call tell if forex robot can help us earn in forex. If you think that you have been getting nice profit using forex robot then better keep using it. But if you think you can manage without using forex robot then better not to use it as I think that forex robot can us make us lose if you are not careful