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For me i do not prefer automated trading because it is not 100% safe and secure. There are some problems in automated trading. I prefered as a manual trading. Because i want to use my knowledge and experiences in forex trading to earn money. I believe in myself and i have the confidence that i can do better.Different peoples as have different choices. In some cases, automated trading found usefuly !!!
I find that it is very using in the world and all the brokers offers this tool. but i prefer to do my trading manually . so they can be configured so that will be a trading account in style and form. so i avoid all the humans as an emotions of the trading in auto trade software ,so auto trade very risky !!
The auto traded is a used by many people but i think it is so proper way for forex trade. Because robot etc is just used to make trade easy, if you know about forex trade and you have enough knowledges as you must try manual traded. It is better to trade with your own mind rather than using auto methods !!
auto trading can be good sometimes but a good and sensible trader always trusts himself and learns the forex by doing trades by himself.if i have to make a chioice i will definitely trade by myself.
Either side of the auto trading is not the trader's own emotions. with no emotions involved traders can make trades freely and not have to feel fear and greed. weak side of the auto trading is not able to predict price moves because of economic news. for auto trading leads to technical analysis than fundamental analysis.Quote:
Originally Posted by Ali110
I simply believe in manual trading as I never use Auto trading and for me, manual trading is the best way to survive but if you want to have second thoughts then you can use auto trading or any other signal service But manipulation and circumstances are created like that you sometime forced sometimes to take that trade on the basis of those second thoughts.
Main prefer nahi karta hu bhaiya ji auto trading karna mere ko kafi bekar lagta hain kisi ke sahare agar trading kari jaye to isliye main hamesha trading mein manual ka hi istemaal karna pasand karta hu bhaiya ji
some others as a predefined methods That Follows the trading strategy and do trades have traded That Have Been well though out and the odds of making money more Must We Also Consider the money management
There is both chances in auto trading it will make money, or lose money.but if the auto trading program always treats the market the same way, then in some other period, market situation, the program may has bigger loss, so use it in the right timeI believe auto trade, it can make money in a period in a market condition.
i do not believe on auto trading because it is not reliable as manual trading. i think manual trading is best for new traders. in manual trading you learn experience about forex trading that can give you profit and you can become a successful trader.