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Suradi (FXOday)
Oct 11 at 00:32
165 príspevkov
Yes, I think good beginner learn manually rather than relying on robot, but sometimes not all trader can work profitable although already have more experience, using robot trading is one way as investor trader want to make money from forex business, another way for investor trader is looking social trading and looking, good PAMM trader.

Seb King (sebking1986)
Oct 12 at 08:11
138 príspevkov
FXOday posted:
Yes, I think good beginner learn manually rather than relying on robot, but sometimes not all trader can work profitable although already have more experience, using robot trading is one way as investor trader want to make money from forex business, another way for investor trader is looking social trading and looking, good PAMM trader.


Completely agree. I started out using an EA without any real knowledge of trading and was relying on what others told me I should be doing. This led to many mistakes, money being lost and some ropey account management. I was naiive in thinking it was as easy as that. Learning to trade for yourself is far more rewarding in terms of finances but in terms of personal development also.

If you can't spot the liquidity then you are the liquidity.
cardigan
Oct 12 at 09:43
98 príspevkov
They are very common in forex broker and no, there is no law saying that you shouldn't use it. You are allowed to use it.
Although, I will say that you are better off trying on your own since you can grow and improve on your own. But I respect a choice for taking bot trading.

TroyTheTrader
Oct 12 at 11:01
12 príspevkov
Forex robots take the mechanical work out of the forex trading equation. They cannot however help you any further. They cannot come up with strategies of their own and therefore they cannot adapt to changing market conditions.

pathsofglory
Oct 12 at 11:16
8 príspevkov
I like to use complex indicators rather than robots. This leaves me free to add extra analysis that no robot can every take into account

Unellene
Oct 12 at 12:53
283 príspevkov
it's better not to know, so as not to include them in your work later, beginners don't need this

croisssan
Oct 12 at 13:06
457 príspevkov
I believe that sometimes it is better to work without a robot. This simplifies the work of a trader too much and sometimes extremely much.

karenpeters
Oct 14 at 07:16
46 príspevkov
You are right Troy, Trading robots cannot adapt to the changing market condition because they only use past data when predicting future movement. It surely is risky to solely rely on them.

Tradextol
Oct 15 at 03:44
57 príspevkov
Absolutely, a beginner should first learn about the forex market rather than using bots. It's important to learn about risk management, trading strategies, and how to use technology tools to improve efficiency when trading.

croisssan
Oct 15 at 09:50
457 príspevkov
I believe that sometimes you can get a positive result without using robots. But, in this case, the result will depend only on the skills of the trader.

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