• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

what is The Best Forex Robots?

And you will say that this robots will then will favor you in making profits? I think that there will be no best Forex robots at the same time there will be no like good configuration and even with the trusted vendor will have weaknesses of the robots just like the traders.
 
At that time, i gained profit but now i must dropped all robot since i lost quite much bucks with it, so far i still cannot find some good forex robot even from some reviews of trader, it seems that i must trade alone by myself, but still using robot could be a good idea for trader.
 
Milliondollarpips is one of the best robot that is performing well for the past few years. However, I am yet to see the same in reality by using it in my real account. Basically, all EA's need to be fine tuned on a regular basis. Without that, all robots would fail. This is because forex market is dynamic and evolving. No particular strategy will work for ever.
 
Milliondollarpips is one of the best robot that is performing well for the past few years. However, I am yet to see the same in reality by using it in my real account. Basically, all EA's need to be fine tuned on a regular basis. Without that, all robots would fail. This is because forex market is dynamic and evolving. No particular strategy will work for ever.
I've already see the account that has been using that system in MyFXBook. It seems good: 17K% in two years.

I don't think that system will work properly if too many people use for making profit or it could fail when dealing with dealers who always wants their clients to lose money.
 
Theirs really no such thing as best forex robot. Bot are created for specific purposes and if we don't know how to use that bot then literally we have no way to know if we can make good profit in using that bot. I do believe that we can handle our account good enough to make our profit if we know how to trade and use bot.
 
Frankly speaking, I never use robots to trading. I am prefer to conduct manual trading since I know robots weaknesses. However, if willing to use robots, traders can search referance in EA tester providers site. There tons of EA has been tested and the site shows the results as well.
 
I don't trade with robots but I heard that one million dollar pips is good to use. If a trader wants to find a good and suitable robot for him or her to use, he or she should be able to check people's review about that particular trading robot.
 
I don't trade with robots but I heard that one million dollar pips is good to use. If a trader wants to find a good and suitable robot for him or her to use, he or she should be able to check people's review about that particular trading robot.
Sure, review and a test of it according to other traders review is always the best way to know the best. Or then, if they have something like trial software that you can use in place of that. FAP is also good since I've had a friend use it.
 
checking people review about the robot will also help but there is something which you get to know here and that its not everybody that have robot who know how to use it the person with B may use it properly but the A person fail so their review may not be the same
 
A forex robot can be modified to watch market developments without the need to rest or even take pee breaks. It basically takes after an arrangement of standards in view of technical markers or price action and can execute trades naturally. For a great deal of forex traders who'd get a kick out of the chance to benefit from market developments amid a specific trading session however are stuck in an alternate time zone, utilizing a specialist counselor implies that they don't have to stress over trading rest for pips.
 
I don’t know actually! Even, I have enough doubt about the effectiveness of trading robots or EA! According to me, only manual trading is real! Yes, I handle my live trading account manually.
 
In order to my experience, the number of useless trading robots are in great number than good one! In addition, in online maximum trading robots are useless! When I was a new trader, then I used so many trading EA’s but no good result I found.
 
I don’t know actually! Even, I have enough doubt about the effectiveness of trading robots or EA! According to me, only manual trading is real! Yes, I handle my live trading account manually.

I have similar thought to yours. Market conditions are always changing and a robot can not cope up with all those changes. So trading manually is better.
 
If any trader having good system trading and they can created robot based on these system, using robot will help them, but still need manual monitoring indeed so they can take action to cut loss manually when robot harmful account, but if want to simple trades manual is easy to manage the risk


Well I believe many traders have their automated system which makes profit but they are not being shared or sold in the marketplace openly. Most of them keep those to themselves.
 
And you will say that this robots will then will favor you in making profits? I think that there will be no best Forex robots at the same time there will be no like good configuration and even with the trusted vendor will have weaknesses of the robots just like the traders.


I have seen so many successful Forex traders here; but I have never seen any good trader whi are EA developer too. Besides, there have so many scammer's who are trying to sell their trading robots! That’s the real scenario.
 
I personally don't use robots, because I don't really trust them, after all they're only algorhythms.
Same option from me! I think, robot trading is always risky! Since, it’s a decentralized market; so we can’t rely only copy-past system! I see, pro traders are still learning and updating their trading skill. That means; there is no ending point of learning.
 
If you want to become successful in this market, you need to have proper basic knowledge of forex. You can get knowledge of all the basics from a demo account.
 
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
 
Top