Do you think it is best to start trade with forex robots?

it is wise if the newbie learn and practice for trading manually, and then they will get much knowledge and of course they need it so much,
EA will not give them anything and they will not grow for their their system, it is not good as the traders

I have always been against forex robots fro the word go because they are very dangerous and can cause you financial loss becasue they trade on system that you yourself mightn't even know how and thus are unable to control . forex robots are just marketing gimmicks by marketers to make money thats all

I never prefer to use any robot in forex , specially for newbie . An EA can take our account to margin call even without our concern. so it is better to trade forex manually than using any robot .

Forex robots are just a piece of software written by the traders with there knowledge and strategy. But even trading with Forex robots also needs experience in setting them and when to stop them to prevent loss etc. So i feel this too requires some work , so instead of that i feel it is better to do it manually.

i am AGANIST forex robots that are sold on the internet NOT the one you yourself with the understanding of your working strategy have made. as a matter of fact a robot you have made from your strategy is more advantageous and make trading alittle ore interesting

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Originally Posted by mayengbam

Trading with a robot has its own pros and cons, a positive think is it will do your trading automatically but a positive result is not a guarantee. The stress factor will be minimize to the lowest but the knowledge about the market cantbe gain logically.

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mere khya lse forex robots ke sath trading karna useless hota hai .. beshak aapka kjafi time bach jaat hai lekin agar aap forex ko poori dedication ke stah karna chahte ho to aapko manual trading hi karni chahaiye kyunki isse aap market ko ache se seekh bhi sakenge aur aapko market ke trend ka bhi andaza lagta rahega jabki forex robots ke through trading karne me traders market ki taraf zada dhyaan nahi dete

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Originally Posted by nanda

well friend its depend on your robot..and the working fundamentals of robot and the status of your current open trade.
like many robot trade in both direction buy and sell after some ****..and other fundamanetals.
some time robots open trade in news direction at that time no need to stop robot we can continue..this give a good profit but need to watch..

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i accept it brother.over trading is one of the reason for unsuccessful trading.and it is dangerous to all traders.over confident also play a vital roll in the loss of trading.we can control it by our learning and practice.beginners try to avoid using multiple pair trading it let you in loss.know well about the characteristics of each pair and then trdae

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Originally Posted by dmambi

Forex robots are just a piece of software written by the traders with there knowledge and strategy. But even trading with Forex robots also needs experience in setting them and when to stop them to prevent loss etc. So i feel this too requires some work , so instead of that i feel it is better to do it manually.

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if for my scalping prefer to pair EUR / GBP. but if to follow the trend and want to do a trade with the news, I suggest to use the pair EUR / USD or GBP / USD. hehe. if I am more comfortable in the pair.
but that is forex, we have many choices. everyone has a different view.

if you buy a forex robot over the shelf them i would suggest you test it thoroughly and DONOT relay on backtest because they will give you false results . always use a demo account and test if to a while and see if it meets your requirements before using it to trade real money

some time robots open trade in news direction at that time no need to stop robot we can continue..this give a good profit I think it is the experts that are supposed to be able to use those robots to their advantage based on their advanced knowledge.