A Robot might be useful if you know what you are doing.
It makes the trader save time for other tasks.
It makes the trader save time for other tasks.
Do you believe in Forex Robots?
- Thread starter graceheather
- Start date
- Watchers 92
Nope..sorry, the robots that do exist in the market are not worth it. Yes, one or two robots do make profitable trades: flip side, they make small profits so you would have to use it for a long time just to make even.
But if a real robot is ever introduced into the market, give us a call.
But if a real robot is ever introduced into the market, give us a call.
Robots is a good tool for trader, some robot has a good strategy and you will get profit with them. But sometimes, you also get loss with them.
I wont believe that junk anymore. All robots are sense less. they are just a piece of code. i have lost my accounts due to different EA's. My lucky time, all accounts are demo accounts.🙂
If i am wrong, let us discuss.
beliefs evolve over time
hey grace...... my answer would be yes.....
btw, kinda thought your username sounded familiar..... check out webjeffs explorer on forex factory..... he is running a expert advsior.....h
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hey chill...... the precentage of profitable ea's is probably far worse than the precentage of profitable traders...... but both exist......h
hey grace...... my answer would be yes.....
btw, kinda thought your username sounded familiar..... check out webjeffs explorer on forex factory..... he is running a expert advsior.....h
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hey chill...... the precentage of profitable ea's is probably far worse than the precentage of profitable traders...... but both exist......h
Ok,I give my opinion.
You NEVER will find someone who will answer this simple yet powerful question:
If you would develop a robot that would make money for you easily and effortlessly why you would sell it?More,why would you do that for cheap prices?It would be insane to sell it and yet there is something deeper:you would never sell it because if it would be REALLY successfull on the LONG term,that would create a liquidity iussue(everybody would buy it).Simply put,robots are the negation of the market and the fact they are popular only tells us how large is the misinformation in this industry.No one who understands the BASIC of trading would give a second thought to robots.
I think human forecast are more profitable than any robots at all. There is something unreliable seems to me in robots. And in trading I prefer to use signals or forecast from other people than getting them from computer programs or robots.
I absolutely agree with you, because I had got in a trap once, with this computer robots. Do you have experience of creating analytics? where did you get information about it?
Allow me to enlight you 🙂 Around 70% of the trades executed in US stock markets are trading robots. In the Forex market, around 41.5% of trades excuted through EBS are by trading robots. The majority of the spikes you see on fundamental releases (like non-farn payrolls) are caused by trading robots. The program analyses the data faster thab the human brain and opens trade immediately. To make it worse, there are HFT robots that can open over 100 trades in less than 1/2 a second. I belive in robots, yes, but I do not have knowledge nor the time to write over 100,000 of page codes
Acually I am not huge fan of robots but they can do much work for you.
Also I am not ever seen really good trading bots (even very expensive).
Also I am not ever seen really good trading bots (even very expensive).
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