Automatic trading

[reecerispoli1]

What’s the best auto trader people use

 

[Trends555]

Not many (if any) long term profitable ones out there

 

[sharabela]

There may be some auto trading software that produce good result for a short period of time. However, I personally do not think it is a good idea to trade with auto trading software. It is best to develop our own strategy by taking time and apply them on our demo account first. If it consistently produces good result, we may try on our live account and keep repeating it. There are so many other factors such as big news events, less volatile period, different pairs that can not be calculated by an auto trading software.

 

[reecerispoli1]

There may be some auto trading software that produce good result for a short period of time. However, I personally do not think it is a good idea to trade with auto trading software. It is best to develop our own strategy by taking time and apply them on our demo account first. If it consistently produces good result, we may try on our live account and keep repeating it. There are so many other factors such as big news events, less volatile period, different pairs that can not be calculated by an auto trading software.

Thanks I was just looking for another way

Post automatically merged: Nov 16, 2021

Not many (if any) long term profitable ones out there

Yes looking for long term

 

[HeavenLeighGill]

To be honest I stay away from all that stuff...don't trust it and some of my friends have lost money to it in the past.

 

[no_frame]

To be honest I stay away from all that stuff...don't trust it and some of my friends have lost money to it in the past.

Same here, plus they do not guarantee you 100% success, although many brokers do have them in their sites.

 

[lotsun]

There is no guarantee with automated trading because the market is volatile and you have to change your decisions as per the market, which changes because of global events. Your own analysis is more trustworthy in that case.

 

[rickfx]

Not many (if any) long term profitable ones out there

Never seen a single one... but it's a dream of many, buy an auto-trader for $20 and keep printing money doing nothing.