what is forex robots and how robots work forex. whether created by a forex robot trader or simply a computer expert designers and programers only. because I do not understand about the forex robot, please give enlightenment.
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what is forex robots and how robots work forex. whether created by a forex robot trader or simply a computer expert designers and programers only. because I do not understand about the forex robot, please give enlightenment.
for starting trade with rebort depend on the working and quality of your rebort if you have good rebort and money management skill then there is no harm to use rebort but i do not prefer newbies to start with rebort
those people whose take the profits first in trading ,they thought that tyhis is best way but some people did not thought that because those are face the loss in first time.
Although that i have the knowledge that forex robots are working for forex traders to make money, i also know that the manual trading also makes profits and then also allows a forex trader to learn forex on a personal basis
However, many experienced traders suggest, that we are not to use any robot, while still beginners in forex. For starters, we had to learn a lot, do not rely on automated trading. If from the beginning we rely on robots, we will become a trader who does not have the ability ourselves.Quote:
Originally Posted by Jazpa
I do not think that Forex robots are the best for trading. Many robots are not work properly, because they make balance zero in Forex. Whereas, some robots charge minimum $50 dollars monthly and they make up to $30-40 dollars monthly income.
Yes,I think its a best way to start the trade.But keep in mind to find the best one available in the market.I have been using TFOT for last 2 years now and till now they have been good.
i think using robot to trade is not good, moreover for the newbie. they dont know how this business work and they dont know anything about market session in forex trading also. it is too risky for them to trade using robot
forex robots are simply a bit of software written from the traders with there knowledge and strategy. however even trading with forex robots conjointly wants expertise in setting them and the moment out to stop them to be able to forestall loss etc.
the forex trader forever loses owing to lack of knowledge. a trader is often at risk simply owing to himself no more than. he loses owing to not having insight at market forecasts. when he invests while not issue a whereas and obtaining a few necessary info regarding forex market. it's needed for getting alert before indulging in any trade at forex but not to actually convert profit into loss by wrong selections owing to emotions.