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This is from my personal experience,
I tried several expert advisors in my demo accounts and they finished by making losses and loosing the capital
I made also the backtest of others, the profit if it exists is weak even for long term.
But, I saw from youtube some demonstration with robots making million of dollars,
they were hiding the name.
Certainly my dear, as I can see I personally believe you don't believe automatic trading .i want to ask a question - if automatic trading is working then why not use bank or hedge fund. use your brain like a robot. our brain is best robot.it always give us proper guidence and profit
I don't believe in Forex robots as well. I have been in the market for over 5 years and in my experience, like you said, they only tend to work for short period of them. The reason is the robots are programmed to work at the current time that they were created, that's because the creators can't foresee the future and hence they can program it to work (if at all) to work with the latest economic situation. Since the economy is ever changing and the robot is not (static program), it tends not to work at a later time.
yes brother, absolutely to me, I personally do consider that automatically trades is one of the safest thing that you can learn how to trade with there is one thing that I like if you are not sure of trading or where the trading will go if you are not sure just use the pending order
Certainly my dear, as I can see I personally believe auto trading is used using automated trading robots which make trade automatically even when when our account is not working. Using VPS service, this automated robot makes trades and we can enjoy profit without doing anything in the real market even without experience.
generally, my dear in forex trading, I actually consider that I like to trade manually and I don't believe in auto trading , sometimes you can do auto trading and you can make use of robots for trading when you are budy or can't give time to trading but don't make it as a habbit and trade yourself , only then you'll be able to learn more
ji nahi me auto trade me yakin nahi karata hu mujhe lagata haiki forex market me hume sirf khud hi trade karana chahiye taki hume ofrex me kese trade karana hai wo sab aapko aan hi chahiye agar aap ko lagata hai forex me aapko kabhi kisi aur par bharosa kar ke baith nahi sakta hai aapk ussi sirf loss hi hota hai
my dear trading in this forex business i tried some Expert advisers expert adviser are good tools but expert adviser need to monitor them because we did not let them to trade with out monitoring, i prefer to trade manually because maul trading is less risky.
absolutely I believe forex trading business many traders nowadays is doing trading automatically by EA robot, they are selling the stores and also in online, there are many online stores in the website where people can purchase it. Auto trading is good and safe but please be aware of the spam, many of them are selling just because of money.
dear as a trader in forex I personally think I do not like to trade with automatic software or EAs and I think we can not learn forex trading if we trade with EAs or Robots and we should know that no EAs are perfect and sometime dangerous too.