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[codescript94]

We all know how difficult it is to become a consistent trader in the financial market in general. We humans make several mistakes on a day-to-day basis that make us often lose money in the market, that being said, the best way to operate is with robots in my opinion. Do you use any robot for forex? If yes, which one would you recommend for a person who is starting to use it?

 

[a_jerobon]

A professional forex trader will never use robot to trade because he would not totally trust the judgement of the robot. A professional forex trader would always depend on his analysis but he could use the signals given by the robot to aid his assessment of the forex market.

Yeah, right. They can just use a robot when they are so busy with other things. But then they don't use robots always. They have expertise in this field and so they trust their judgement better.

 

[Ebutech]

Back then when i was abit more active in trading, i thought about this but changed my mind. Cause looking at this from another angle, these bots are programmed by humans so which means they are not above mistakes or errors. What about a situation where the bots malfunctions? Then again most times it is actually humans running the trade for you not actual bots.

Everything that has advantages also has disadvantage, but trading with robots do favour some people, but one also has to put in consideration in the case where the system malfunctions and you know what that means, the person is sure to loose money, so for me, nothing beats trading by yourself with the knowledge you have.

 

[rush08]

So many traders are trading with robots because of the need and Importance of it. Humans do not depends solely on their own knowledge and understanding so they deploy the use of robots in trading.....

 

[crypworld]

Not sure about the reliability using robots in trading on forex, unless it is a site you can trust.

Robots can be pre-programmed to work according to the company rules. So there are chances you may lose profits and incur losses rather than gaining ... But if the forex is a genuine company, these robots can be of great help even to newbies who are trading for the very first time.​

 

[rush08]

Though I have not deployed robot for my forex trading but they are very important and useful to those who knows how to use them. These days most traders do not depends only on their knowledge for trading. They seek extra help from robots....

 

[a_jerobon]

Not sure about the reliability using robots in trading on forex, unless it is a site you can trust.

Robots can be pre-programmed to work according to the company rules. So there are chances you may lose profits and incur losses rather than gaining ... But if the forex is a genuine company, these robots can be of great help even to newbies who are trading for the very first time.​

This is true. You have to choose the company wisely. Some companies have not programmed the bots well and so you may end up losing. Others do not keep updating them and that could mess you up a lot. So choose wisely the robots you use.

 

[rush08]

Many forex traders now deploy the use of technology and other artificial intelligence for trading. There are so many robots that people purchase from the market specially programed for trading...

 

[Skysaint]

I don't trade in the forex market yet but I do trade in the cryptocurrency market and in some cases I think trading with a bit could be nice if you have access to a legit program but I would advice you to do it yourself so you would be your own robot.

 

[Ben Kempton]

So many traders are trading with robots because of the need and Importance of it. Humans do not depends solely on their own knowledge and understanding so they deploy the use of robots in trading.....

I do not use robots per say. However, I have been planning to use many different kinds of key indicators and applications that could help me predict the prices of each and every volatile commodity in a much better manner. So, you can say that this involves using indicators in an indirect manner. These indicators could be quite useful for many traders who love to trade regularly.

 

[rush08]

I do not employ the services of robots for my forex trading at the moment but hope to use them when I am financially stable. Most of these robots are very expensive and except you are have money. They purchase them over $500...

 

[Ryan909]

You can automate your trading technique using a software application called a bot. In essence, it's an algorithm that trades for you based on forecasts of future market moves made using previous data. Additionally, using a bot can be quite beneficial because forex trading is all about predicting where the market will move next.

 

[rush08]

Many traders are now buying robots to help them maximize their profits while trading in the forex market. Most traders even the experience traders do not depend on their ability alone for trading. They deploy robots for assistance...

 

[Akakuli75]

I don't really buy the idea of using robot to trade. I have heard many issues about its usage. I do believe if we are really passionate about forex, we can equally create time for it. But if you are hellbent on using robot for trading, you may try Forex Fury, just that it may be very expensive to subscribe on it.

Yes, it is not good to use robot in forex trading, your machine can freeze or become off during trading which may seen to affect you negative. If you actually think that trading is important to you, you can equally get time for yourself no matter how busy you pretend to be.

 

[rush08]

Since the advent of technology, people are applying the use of robots in trading to enable them make more profits. There are softwares that can assist humans in analyzing and placing a trade even when they are away from the market.....

 

[a_jerobon]

Since the advent of technology, people are applying the use of robots in trading to enable them make more profits. There are softwares that can assist humans in analyzing and placing a trade even when they are away from the market.....

Technology has really made things so easy for forex traders who know how to use them. Now you can even set automatic trades such that you trade while you are busy with other things. That is the real definition of having passive income.

 

[rush08]

Technology has really made things so easy for forex traders who know how to use them. Now you can even set automatic trades such that you trade while you are busy with other things. That is the real definition of having passive income.

Technology has made forex trading better than it used to be. People now deploy the services of artificial intelligence to enhance their trades. Though robots are very expensive to purchase but some of them are worthwhile because they give about 30% profits....

 

[e3sar]

I didn't use robot before, but used some plugins to help trade like ( to set a stop lose and take profit price with a fixed number), but i saw some videos on youtube for persons explain how to make one and how it works, i don't think it bad, but i prefer to work manually

 

[Ofonime]

I didn't use robot before, but used some plugins to help trade like ( to set a stop lose and take profit price with a fixed number), but i saw some videos on youtube for persons explain how to make one and how it works, i don't think it bad, but i prefer to work manually

I never use robot to trade in forex even the so call plug in,but all experience which I use to trade I develop it myself it's either I hire a coach to teach me how to trade or I attend a professional seminar to gain better trading experience

 

[e3sar]

I never use robot to trade in forex even the so call plug in,but all experience which I use to trade I develop it myself it's either I hire a coach to teach me how to trade or I attend a professional seminar to gain better trading experience

That's good, many times it looks like the robot stupid when it enter the market in a strange position, that's why i prefer to do that manually, i have the full control to enter and out at any time, and it give more experience in all cases.

 

[Player1]

I have heard people who use robots or other artificial intelligence tools to enhance their trading. But personally I have not employed the use of robots because of the cost of purchasing one. There are some that can be very good...

True while there are some bots that can be good but it does not remove the fact that you can still loose trades. I know of someone who uses bots to trade, but she still complains about loosing trades. This made me suspect some of these so called bots might also be humans doing the trades.