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I find that it is never a good idea that any forex trader should started the forex trading with forex robots. I say this because these robots will dominated as a newbies trades and thus makes for them never to have the chance to learn other things about theirs as a trading !
I have seen some beginners using forex robots to trade.i don't believe on forex trading robots, because therobots invented by a man and robots are software operated device.
hanji bhai trader jetna manual karenga utna he uske liye achha hota hai kyunki robots ko use karne se trader kabhi bhi forex trading ke business ko apne aap nahi Sikh sakta,aur na hei wo kabhi analysis kar sakenga kyunki uske paas koi experience nahi hoga..Quote:
Originally Posted by fxghost
Forex robots are real danger for any trader as they work on a preloaded script, and does not know what is happening in the market. Also personally, I have never seen any great robot, that's why I always prefer and will advice to trade manually in the real market. Rest all you can search on google for better results.
For me I have no experience regarding forex robot but one thing i know that is if we start ours as a trading with the help of robot then we never learn about forex and robot are not usefuly !!!
no it is not favorable to start using robot in the start because it can be very risky and you will not be able to learn from it so in the start trading should be manual
most people prefer trading using a robot, but for me, I prefer to trade manually. because I think it would be more dynamic if we are trading manually. we can adjust the risk and reward in accordance with what we want. different when we use the robot. all about risk-reward is set by the robot
When the Foreign exchange market segments open for your 7 days that they remain open pertaining to investing at any hour until eventually that they close all 5 days to weeks in the future. As being a handbook trader you possibly can merely remain awaken way too long before you should sleeping. But Fx trading spiders don't have any these kinds of limit. That’s why should you ensure that you’re making your own Foreign exchange spiders in continuously.
In my opinion, before starting real trading with the robot, we have to test the robot on the demo account. For me this is important, because not all robots are profitable. I have lost a lot of money with a robot because I did not test on a demo account. If you have steady in the demo account then applied in the real account. Then you will be quiet and get profit routinely.
I find that it's better to learn we keepped on the learning to work in forex is not a robot but using our owners as a trading skills course, is true we also learned to used as a robots because sometimes we are too busy to have no time at all for trading !