Forex Trading-Manual vs Robot

Results 1 to 7 of 7

Thread: Forex Trading-Manual vs Robot

  1. #1
    Senior Member
    Join Date
    Jul 2020
    Posts
    372
    Thanked: 0

    Default Forex Trading-Manual vs Robot

    Forex Trading-Manual vs Robot
    Forex robot or EA is an automatic trading program that executes a trade without any human involvement. However, EA doesn’t have human thinking ability or any kind of emotion. Keep in mind that with automated trading, robots can only make decisions based on the settings programmed into the platform. I prefer manual trading. I can make and can change on any market condition. Also, my broker Eurotrader educational course taught me all the steps that I need to master forex trading.

  2. #2
    Senior Member
    Join Date
    Jul 2020
    Posts
    331
    Thanked: 3

    Default

    Forex trading EAs or robots are made by programmer on the basis of given strategy. And there is no strategy that work in all type of markets. You need to up date your strategy according to the market situation. When you use someone else robot, you are just blindly following someone. Robot is good if you can make it yourself as I do. There is another problem not every broker allows using robot. But I can use my robot with Eurotrader as they allow robot trading.

  3. #3
    Senior Member
    Join Date
    Aug 2020
    Posts
    254
    Thanked: 3

    Default

    Forex is one of the most popular investment markets in the world. Nowadays, people are looking for investment opportunities online. Forex is the best option for them. Traders can use many strategies to earn money from this market. However, certain strategies such as scalping require low time frames and spread. That's why Eurotrader offers the lowest spreads on the major pairs.

  4. #4
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,513
    Thanked: 2

    Default

    Most people have failed in forex market because of no knowledge about forex. In spite of that there are so many reasons to fail in the forex market. Some of them are Emotionally trading in the forex market, greediness, lack of knowledge, choosing wrong decisions, choosing wrong broker etc. Most of the traders fail in forex market because of choosing wrong broker. Brokers play an important role in successful trading. I am trading with Forex4you. They help me to make profit consistently by giving low spreads and high leverage. I love their trading strategy and all facilities they are given.

  5. #5
    Senior Member
    Join Date
    Jul 2020
    Posts
    314
    Thanked: 1

    Default

    If you do not know about Forex trading, then trading will be very difficult. So no matter how many robots you work with as a trader, you need to know. I never work with robots I try to work with market sentiment. The Eurotrader Research Center helps me a lot in building knowledge.

  6. #6
    Senior Member
    Join Date
    Jun 2020
    Posts
    337
    Thanked: 0

    Default

    It is the best time to join in forex trading. Due to COVID-19 trading activity of forex market increase. Many people are looking for earning sources online. Forex trading is the best way to earn money online. Brokers also offering more facilities to attract traders to the market. I also join the market in 2020. My broker Forex4you offers me low spreads, high leverage, fast withdrawal process, most popular trading platform MT4, and MT5, and many more.

  7. #7
    Senior Member
    Join Date
    Apr 2017
    Posts
    999
    Thanked: 1

    Default

    in ro ham eslah kon:
    Most individuals don't understand that for forex trading you require incredible learning and capacities. They expect that trading is just acquiring and offering money related measures. They take in some marker based procedures and deduce that it will help them to get rich overnight. They don't attempt to grasp the market and market mind investigate. You can't get accomplishment in case you are not skilled. I trade with TP Global FX broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.

Similar Threads

  1. Replies: 2
    Last Post: 01-16-2021, 07:02 PM
  2. Best Forex Robot 2020: Automated Strategy, Arbitrage Forex Trading Software Bot
    By Shariar Porosh in forum Cryptocurrencies Brokers
    Replies: 0
    Last Post: 05-11-2020, 07:30 AM
  3. Replies: 0
    Last Post: 05-08-2020, 05:09 PM
  4. The robot Forex is the positive result of advanced forex trading.
    By Ashley Mallett in forum General Forex Discussion
    Replies: 3
    Last Post: 09-24-2018, 04:46 AM
  5. The best, most profitable trading robot Bill Gates 2 - Forex Expert Advisor
    By syncmas in forum MetaTraders Expert Advisors
    Replies: 1
    Last Post: 11-17-2012, 03:34 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us