Well as a newbie on Forex I use analytic from others traders or honest broker. Well I prefer to use ichimoku and moving average indicators with accentforex.
Do you believe in Forex Robots?
- Thread starter graceheather
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yes for newbie can learn from robot i think
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I dont think that someone who developed an EA which is very successful
sell it. Why should he/she?
But let me tell you that I saw via teamviewer an EA which was managing 100k and 10k accounts! Very successful! Earning monthly about 100%...Ea was not for selling. He just connect his ea to your account
sell it. Why should he/she?
But let me tell you that I saw via teamviewer an EA which was managing 100k and 10k accounts! Very successful! Earning monthly about 100%...Ea was not for selling. He just connect his ea to your account
One: No one would want to sell the "holy grail" chalk it up to "human nature"
Two: You cannot learn anything much from an EA, you need to trade manually in order to learn how to trade effectively..
Three: Yes, a few EAs do work but they usually come with a hefty price tag and the cost to profit ratio is not as big as we would like it to be..
You can use an ea to supplement your trading needs, but to depend ONLY on EA is not advisable..good luck!
Two: You cannot learn anything much from an EA, you need to trade manually in order to learn how to trade effectively..
Three: Yes, a few EAs do work but they usually come with a hefty price tag and the cost to profit ratio is not as big as we would like it to be..
You can use an ea to supplement your trading needs, but to depend ONLY on EA is not advisable..good luck!
There is nothing you can learn from a robot. You need to learn how to trade the good old fashioned way.
FOrex robot are working people are doing experiements on different robots. I eard some paying robots are doing really good but for specific time period as 2 or 3 months. It is on test of their credibility I will use robot first on demo account.
Hi, nice to see you.
I’m a professional trader with 6-year forex trading experiences.
I trade with my own EAs with manual control.
I do believe robot and my major is programming.
I’m a professional trader with 6-year forex trading experiences.
I trade with my own EAs with manual control.
I do believe robot and my major is programming.
And yet, we keep getting the same threads claiming the benefits of using an EA..
An EA on it's own is not a bad thing, if you can develop one, you should be able to sell it for a good amount of $$$.
But when it comes to purchasing one, do take care to read the reviews and remember, all the back tests featured on the sales page are not the real thing..
Stay informed and understand the risks of using an EA before purchasing one.
An EA on it's own is not a bad thing, if you can develop one, you should be able to sell it for a good amount of $$$.
But when it comes to purchasing one, do take care to read the reviews and remember, all the back tests featured on the sales page are not the real thing..
Stay informed and understand the risks of using an EA before purchasing one.
I think a robot thats been coded / made by you (once profitable) in which you have the control of it, is viable and profitable.
As ultimately you're just automating what you would normally be doing for yourself.
As long as what you're doing yourself is profitable I don't see why a robot doing it wouldn't be.
As for the 1,000's available commercially, I think 99.99999% are crap. Perhaps not so much because they lose money, but more because they're not made by you. So you'll never trust them long term.
As ultimately you're just automating what you would normally be doing for yourself.
As long as what you're doing yourself is profitable I don't see why a robot doing it wouldn't be.
As for the 1,000's available commercially, I think 99.99999% are crap. Perhaps not so much because they lose money, but more because they're not made by you. So you'll never trust them long term.
You asked the question in the thread and you answered it. However, this is an interesting point. Whether you believe in robot or not, what matters is the trading idea that can guarantee that you last long indefinitely in your career.
I do not strongly believe forex robots, I think we can properly use forex robots, forex robots can not be kidnapped
ezrydn
Active Trader
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