Altredo forex review

Do you use forex robots? I will definitely use robots, have been using them for over two years, started Trading manualy first and soon after that started using robots, they are good for Trader to learn discipline, when trading with robot we need to control our emotions and not meddle with trade taken and thats how this is great way to learn one of the most important aspects of trading, discipline. From my humble experience of auto-trading I can say that my zulu-EAs are performing good in turbulent times but also one should not underestimate the power of the human trader.

For that specific reason, I use a combinations! I don't use robots because i don't trust them, i trust only myself and i know how to trade and i don't need all this robots and i think the majority of traders will agree. Robots can't do well in all situations. They are programmed to react the same way in every situation when all the necessary conditions are true.

But there are no identical situations in the market. Thus, robots will fail sooner or later. It is better to trade yourself. I mean human trading. Fundametnals os Technics don't matter in this case. Those EAs can only economize your time but they will waste your money. At least, I didn't see any profitable robot. I once used Robots. Sooner it was loosing more than it was gaining.

I think its best to do it manually by yourself. Robots do work but it requires manual intervention. Robots can analyse the technicalities of the market but it doesnt predict new or any other economical situations. Be sure to turn of the robot during news times. Better to learn to trade on your own. Develop your own system. Robots are sold with slick sales copy that gets people's hearts pumping.

All the results used as illustrations of the software's ability are cherry-picked. Most of the Robots that are being developed for the purpose of making some profits from the markets do not deliver the results. This happens as they are programmed to run only when favorable conditions are met with. I don't use robots for trading because they don't allow for trader discretion. See my post here: I think that Robots are not so good as traders instincts.

May be sometimes it is better to trade by yourself. Robots help me a lot in my tradind, when I use the neural network robot I make lots of extra money: Could you elaborate on this?

I would like to add that, in my opinion, if you are using a robot you are not trading - the robot is. Why not learn to trade yourself? Robots might be ideal for beginners.

With sufficient experience and understanding how the robots work, one could create their own EA or implement their trading strategy alongside the robots. I like to trade on my own too. I do it many times every day, also using robot signals to make additional entries, ie robot place buy trade for pips profit and sl like pips, proven robot I am talking about here, leader in the industry, profitable one, price go against it.

Are you just using robots as a learning tool, and if so, do you plan on eventually trading without them?

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If someone is a successful trader, why would they go to the trouble of programming a robot? If you are purchasing a robot, you should understand exactly how it works. A blackbox type of system is undesirable and should be avoided at all costs. This observation seems to be based on the belief that real-time discretion is required for successful trading. I can easily disprove this. This maximizes profits with minimal effort you already got the secret sauce.

You can only watch so many charts manually. Only make so many trades manually. And human discretion element is not quantifiable. Price action is quantifiable. What you think or feel does not change this. Why wouldn't you use a robot? If your system is truly mechanical, there is no reason not to automate as much as possible, preferably complete automation.

The financial markets as a whole are a wet dream compared to most businesses, in that other natural factors that are beyond the manager's control, yet can have a real effect on profits. It's the only place where you can go for the sole purpose of making profits no selling: Will never use again. I believe that trader discretion is necessary because neither robots or mechanical systems can cover every eventuality. That is where discretion comes in. As for scaling up, this happens automatically because your capital grows over time without requiring any additional work on your part.

I do believe in using automation, where appropriate. I use it as much as possible in my business, but some things you just can't automate. If you can explain it in a logical fashion, then there is no reason why the mechanical system if programmed correctly could not handle a situation. Keep in mind that any robot or computer can only do what it is told to do ahead of time.

So if the robot was not already programmed with instruction to cover every eventuality, then it can't cover the condition after the fact with hindsight: To give them rest from monitoring markets constantly, when the time that brain is tired would come robot will do its job exactly as it has been programmed. This is exactly what I mean.

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The robot cannot handle things it has not been programmed to do. It would be impossible for someone programming a robot to think of every eventuality. Therefore, they could not program the robot to cover them. An example of a situation that could not be programmed: If price is approaching a target, then just before it hits, it reverses. A trader would see this happening and react, based on what they see on the charts.

In a situation like this there are so many possible variables, and it requires the ability to read charts in order to trade it. Robots can't read charts, only follow a rigid set of rules. Just like any other development cycle, you would start out with a core set of assumptions. Then adjust as new developments arise. So if you realize that your original set of rules are insufficient to cover a "new" market development, you update your system or robot to reflect the new rule.

Or maybe you toss out the old system and attempt a new system: The trader would then take note of what the best way to handle the situation is. What you see on the chart is nothing more than net price movement that is displayed graphically. Price is also linear, so there are only 2 directions it can go. You could actually trade without charts; just plug the numbers into a spreadsheet. Maybe not as exciting, but it can just as easily get the job done.

I think a lot of traders allow their ego to get in the way. They want to feel like they "did something" to make their system worthwhile. This isn't poker where bluffing is actually an integral part of the game. You need rules to evaluate the price objectively and make decisions. This allows you to be consistent. You may get by for a short time with arbitrary rules, but eventually you bite the dust.

I take your point about making adjustments as "new" developments arise. However, there are so many possible eventualities in trading that you would be forever updating your system. Plus, there is a very real danger of over-optimisation. Ego is not an issue for me, I would be more than happy to just plug some numbers into a spreadsheet. Post some details and I will give it a go.

I agree that you need rules for trading i. Here is a spreadsheet www. It's designed for you to determine what lot sizes are appropriate for a given account size. The adjustments are of two natures mainly: Then you can break down strategic into primary and secondary.

An example of primary strategy change would be changing how you detect a trend or whatever you use for entry. An example of secondary might be sending an alert when your drawdown reaches a certain dollar amount. It is possible to over-optimize on the primary strategy components, if you lose sight of the core logic of your trading method. If you remain logical, then the system remains mechanical, and then it is a matter of optimizing the parameters.

If you use risk management tools like the spreadsheet I linked to, then you are much less likely to over-optimize because you see in advance how much leverage your account size can handle. Combine that with the ability to observe your system over many repetitions for real-world performance.

Like anything else, there are parts of the market you have no control over. Best to focus on what you do have control over. That's the only half you or anyone should be concerned with.

You make some very good points, but I think it comes down to personal opinion and what works for the individual trader. Thanks for the spreadsheet, I'll be having a look at it later. Rotobs can be rather useful after testing them on reliability.

Advisors can do most of the routine work for trader freeing him to do something else. Have you come across stedy profitable robot? I love to experiment with them. I haven't and I don't want to as of now.

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You seem to be trading for quite long now: Make sure that you test it on your demo before going live. I do not test the robots on demo account but leting it work straight away on live account as the conditions betwen demo and live account are diferrent, also when I decide to trade with robot I will use money which has been earned before on the forex market.

That's not very wise as there may be several settings you want to play around with before you trade. One incorrect setting may cause adverse trading activity. It costs you NOTHING to practice with a demo for a few hours. And a demo account very closely mirrors live account activity. In fact, a good idea is to have two terminals or platforms open at the same time, one demo, one live.

Then trade both of them with the exact same strategy. The performance should be very closely mirrored, minus any technical errors with the datafeed. Those who does not take risk will not reap the rewards. Auto trading is less risky than manual trading in my mind as we do not have make difficult decisions. There is few good ea's out there.

Which forex robots are you using now? I mean, your provider? Working with a robot directly on a real account is quite risky. The human still makes the decisions initially, but the "error-free" performance lies in the ability for the robot to carry out repetitive instructions consistently without hesitation.

With a reputable broker, the robot performance on a real account identical to the demo account using the same EA input settings in each terminal.

Even though I make a lot of money with EA, i don't feel like using one. If i use a Forex Robot, I dob't have to know anything about what Forex is, no need to learn new skills, new strategy or do any research.

With a Forex robot, everything is easy they say, but end up I still love manual more. So who is actually in profit using an EA? And if so, what EZ is it? How much profit does it make? The one who sell it with you is the winner and who gained the profit. Do you know when you can use it?

Robot are used for the trading in absence of the trader. So manually trading is the best: EA can generate consistent profit if you know how to tweak it ; Thats what im asking, what EA? Come on everyone stop being so ambiguous with their answers. Thats what im asking, what EA? What he was asking is for you to share your settings and the name of the EA you are using. I know what an EA is, and i also know the word tweaks, but again, thanks for helping me out with that.

I thought i could maybe get some good advice on this forum but appears its full of vague hearsay experts. Well, care to share?

EA can generate consistent profit if you know how to tweak it ; So, which EA are you using profitably and what are the settings? I thought i could maybe get some good advice on this forum but appears its full of vague hearsay experts Normally you find plenty of threads in more forums dedicated to forex. But I suppose that this sub-forum is dedicated to forex trading, but the theme of the site in general still has that "HYIP" feel to it no offense TG. Usually when no specific advice is offered, it is because the people really don't know themselves.

Of course they will not admit this, so trolling tends to be the thing to do instead. At the same time though, note that someone can only teach so much for free. It is time consuming to go into advanced concepts on a one-on-one basis.

But if the free stuff doesn't help you, the paid stuff probably won't do much better. I was motivated enough to write this thread on how to trade objectively http: I hope that helps fulfill your 'good advice' requirement. Thanks for the reply awareness. Yeah Im no expert but i probably know more then the kid on experts here.

And your right about the forum, its main theme is HYIP's so kinda talks for itself. I'll take a look at your post, thanks awareness. I am not using forex robots. But use the forex signals It would be great if you open a new thread and share your signal experience please, do not forget to let me know once you do it, thanks, good luck.

So, which EA are you using profitably and what are the settings? Mostly i use grid and averaging system. Ive used a few martingale before. I'm using a trade copier software Auto forex income it's called so, am I Just think about it from another point of view.

If robots work so well then why the concern authority wants to market these to other traders instead of earning huge amount of profit from Forex market by themselves. It supposed to be a million dollar secret to them. I believe you got my point.

It does takes months and years to find the right ones but I got there.

Good days are coming guys. I recommend using forex robots only if you know what you're doing. I prefer automated trading over manual trading as it does not involve emotions and money can be made while sleeping , that's how trading with ea is so much better than manual trading. I heard so much about robots i think it can be profitable but it is very expensive but i prefer manual trading where i have to control trading and make decision myself instead of relying on a robot.

I don't think annyone using a trading robot soley relies on the software some human common sense to adjust the robots have to be there.. I tried to trade Forex manually because You can read reviews on multiple forex reviews websites, and you'll see most people lose money with trading robots. I have used robots sometime ago but i hardly had profitable trades instead mostly losing ones that is why i have stick to manual trade where i do the trading myself and gain real trading experience and also catch the fun in trading.

I used many robots but found it hard to make it work. You need to fine tune each one to fit your broker and have to reoptimize it often. The upside is that robots don't have emotions like fear and greed. Also the factor time can be important if you automate strategies you'll never need to stay behind your computer in order to adjust or change your TP or SL..

I don't personally like robots either. I still prefer trading manually and being me who makes the decision to enter or exit. Anyway the success of any robot will depend on the parameters put into it. I personally dream about having fully automated income from ea trading, been using them for many years on live accounts and loving it. I am prefer with manual trading, because I can manage my risk level easily, I think if use robot while we don't know how these robot work, so if any trader prefer use robot, they need test robot on demo account, so they can understand how these robot open trades, this important before used robot on real account.

I dont use robot i always prefer manual trading because with manual trading i can be able to experience trading myself. Manual trading helps the new trader to be able to get trading experience. Yes, I have used it but I have earned much more while doing trading manually.

I prefer trading manually more than using Robots. I dont prefer robots as they are on a fixed program and in a volatile situation they might fail. I am ever trying use scalping robot, but because result that obtained also still often loss, so then I am prefer trade manually, because with manual trading I can manage risk level according my free margin, might will harmful if use robot while we don't know how robot work.

Trading with robot for newbie will not advisable, because sometime robot designed for certain number capital and it to replace owner hand to make transaction in forex market, but robot sometime also can't work in all market condition, I am often reading some trader fail use robot, with manual trading we can learn from our mistake to make betterment trading skill.

Could you advise on some of them with the proven live track record? I surely could, been watching these things for the past 10 years on a daily basis. I try to trade only manually cuz can't trust to any kind of software especially which is going to deal with my money: I utilize price action system from Chris Capre book with my own updates and it works pretty well on my Hotforex account.

If you could, please do: I am sure everyone is curious. Robot running on metatrader or vps, in my opinion trading with robot need good connection with the server to avoid delay because robot work with coding, disconnected with server will causing robot caan't work properly. Of course there is this factor but now most VPS services offer I'm also using trading software have been developing it for over 8 years now and I'm still trying to improve it everyday.

Seem you have good experience use robot trading, whether your robot based on your system trading and then you created robot by your self? In my hardisk there are few robot ever downloaded, but so far I am not use robot. I have a trackrecord for almost 2 years and 3 months now and the account is went from 27, to , I recently started a new account with an upgraded version, if there is enough interest I'll try to open a new topic to give some updates on a regular base.

Yeah I first traded manually, but i decided to integrate my strategy in an EA, it's working pretty well! I have a simple robot, which does not need continuous operation, but it is desirable. I'm planning to start a new thread with the results of a newly started account with my latest upgrade, if you want to see the trackrecord you could always send me a pm with your e-mail adres.

Great achievement for you, congrats, by the way whether you can created your own robot use meta editor or something else software. So far I am not use robot, as I know we must turn on computer and running metatrader to connected with the server, but I am also hear we can use vps to running robot.

Those who were interested in forex auto earnings did. I am sure everyone is curious Here is just one example of long term ea making money, if you are interested how to maximize those earnings write me a pm please. I prefer manual trading, but sometimes I use different Expert Advisors. As usual I don't use paid ones, just some of them that are free of charge. I have a good experince with EAs from FreshForex website.

They are based on Metatrader 4 and I just downloaded them from the site. This happens because some peple don't know what they are doing and just randomlly start to use a trading software, without knowing the ins and outs.

So if any trader even newbie they prefer use robot, better they use to test with demo account, but will better again if trader they have profitable system trading then they created robot based on their own system, so they can understand, robot also created by human and not always profitable I think. I can not believe that trading robot can make a profit, maybe he just got on a good market.

The last six months it was possible to go to the US dollar.

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Here is just one example of long term ea making money, if you are interested how to maximize those earnings write me a pm please. You should learn to trade carefully, that is the way u can earn money. Forget robots, all of them are scammers. Maybe if for learning trading, will better if we work with manual trading than use robot, will vain if we use robot but we can't understand how these robot work, what system trading and strategy that used on robot, maybe rarely robot will can work in many market condition.

Main dissadvantage of robots, they can't adopt quickly and efficiently to the everchanging market. Humans do it with ease. Although there are neural network based algorithms that try to "learn" how to adopt, but they are too primitive at the current stage. Sometime we look certain site that sale robot software, usually they provide history account with small drawdown, very attract maybe, but so far I am never buy software because also price that offered in big money, while forex trading itself is risky.

I do not prefer to trade with robots and my broker helps me to earn a lot and thus I don't need to use any robots to earn more profits. Can you ask your broker to help me earn a lot? I also use expert advisers, my broker allow me to use any expert adviser from any sources. Every trader they have own decision whether will trade use robot or manual trading, for me still prefer trade with manual trading, I have two active account and one use hedging strategy long term and one use stop loss in every plan trading, I do with manual execution use metatrader4.

I still say the idea of bot is good, but im still trading manually my hotforex account, its alright! Adviser should be an assistant in trading. Who achieves this, that will have a lot of free time. Maybe using robot will not involved emotion to open transaction and robot more discipline to follow step trading based on logic, but sometime robot created by author just for fun and then test in demo account, if robot setup use 1 lot size and target 30 pips so robot will closed at 30 pips profit, but sometime trend market very dynamic, if not yet hit 30 pips then trend reverse time hence will lose also.

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I am ever trying use robot scalping because felt curious how to use expert advisor in metatrader platform, but this also need stable connection because if often disconnected with the server also will make robot can't work while robot work according changes in every tick movement robot will record it, so if disconnecting will make robot can't work properly I think.

Usually broker they also offer for their client to use vps to running robot, instaforex also as I know provide vps for trader, maybe vps very useful for trader which they prefer to test many robot just want to know performance robot. VPS at hotforex is free if im not mistaken for any deposits of 5k or higher. Because I am only as retail trader that use small investment, so I don't thinking will use robot in my trades, often also I am hear many statement if trader getting bad experience use robot, but might still any robot can work well with good performance, so far still enjoy trade manually with own responsibillity although not always able make profit.

I am just thinking on robots trading, i can see that the most of you say it is unbeneficial. Are you not talking about robot for binary options? I don't use robots. I prefer manual trading. It is more beneficial and worth it. It is more beneficial and worth it This is also my option always trade with manual trading because this is also simple to do, using robot also need hire vps or running platform all time, but manual tarding we can tarde with plan for swing trading startegy, and not always we monitoring account, but we can check if we have sapre time.

Robots only make people lazy and stupid while in fact they can actually do manual trading. As a matter of fact automated trading accounts nowadays for a vast majority trading overall and only becomes more and more popular and is being used by big banks and institutions and more retail traders is turning into recently it as well.

Maybe already many big trader which they have good skilled trading and they can created robot, hence they can use their system trading and implemented in machine language to replace their hand making transaction in forex market, but actualy not all trader will use robot, as retail trader I see they also still mostly prefer manual trading.

Actually lots of retail traders, small traders does use an ea and its also very popular among them, the thing is that is very difficult to find a good one that consistently makes profits. Robot is useful, now if you do everything by yourself, that's will be impossible and take too much time.

But you should know well about how robot works and make sure your trading strategy is suitable for robots. Maybe for certain trader robot s useful, but for me so far still prefer manual trading with own analysis, this make me more comfortable and understand what I do in my plan trading, while use robot if we don't understand how these robot work hence might possible roobt also causing margin call.

I don't trust using robot. It is better as yourself doing the work so you'll see the results of your trades. In robot you might lose what you invest. Robots don't have minds. They just do what has been programmed in them. So when the market turns to its volatility times, your robots may lead you to your losses. Yes I think so, market forex movement is very dynamic and not like as math science, robot might sometime also fail in certain condition the market, so in my opinion although trader use robot they still need to manual monitoring, so if likely order against the trend they can cut loss manually.

The robot if it trades, it is necessary to include in a particular market. If it's just an assistant, it will not be mistaken. Just wondering how many people here used robots You should only use robots together with human intervention and hedging with other financial products and instruments.

Doing forex alone you are asking to be wiped out. Hope this helps, Asseth. You should only use robots together with human intervention and hedging with other financial products and instruments.

Hope this helps, Asseth Robots and hedging is absolutely not necessary to be profitable. I don't use robot in my trades, because still comfortale trade with manual trading analysis, maybe certain trader that perefer use robot in tradiong hence they will buying robot and then test in demo account to look performance robot in certain period of time.

I agree that we should not hurry to buy expert advisers. You can find good options among free robots. For example, I found a couple of eas on Freshforex site that is being tested by me now. And one of them shows very good results. Better trade with yourself so can manually check it. It's not necessarily that you should avoid using robots when trading.

It's just that, you must know well the importance of manual trading. So don't make it a habit. Not all robot will work well in the market, often I am hear if any trader get margin call account beause using robot, if we don't understand how robot work, hence learn manual trading analysis will better to improve own skill, and if you can experrt might you can created robot based on your own system trading.

Better trade with yourself and manually check it. I must admit, there are robots that don't serve its purpose. But since some traders want their trades to be automated and think they will get what they wish, they still patronize robots. It will help you to practice your trading skill when you do trading by your self. Nor you can use Forex robot if you are totally professional Traders and if you are a busy personnel.

Yes, will better ifwe trade manually, we can learning our mistake to develop our system trading and strategies, if we using robot and we don;t understand how these robot work, hence if robot can't work properly and causing loss hence we don't understand what reason the cause of loss.

Avoid using forex robots. Manual trading is of utmost importance. We should never ignore it's value even if high end robots were featured nowadays. I am not use robot in my trades, and so far still prefer trade manually with my own analysis, in my opinion if we use ea but we don't know how these ea work, hence if get failure or margin call account hence will difficult to learn what mistake that causing ea in failure.

I have some experience with robotic trading and i know it is a good way of trading if you have no time to trade himself then you can trade automatically with robots. Yea you right on your approach , a new trader should concentrate more on improving in his ability and understanding about the market, experimenting with robots is risky as you need skills to tune them.

For beginner this is notg ood if they relying robot only because they also need to backtest robot, which not all robot can work well to making consistent profit, often I am hear any trader they get failure because use robot that work very bad result.

Actually, I believe that not all robots were bad or not preferable to use on trading. But since the market can become so volatile, it is advisable to use your manual trading skills. That is why I really like to read those overviews from the experienced traders like the two of you. I wish that I become a good trader soon. But for now I will continue my learning process. Keep spirit in learning because success wil never come instantly, I am also not assumed if I am as good trader but I am here in forex because this still become may favourite business as source if income, also still learnig how to being better trader like as you.

I do not try using robots on demo account, instead I let it work directly on my live account because the conditions amid demo and live account are not the same. And in addition, I do not trade with robot using new investment. I use the profit I made from my previous trades.

I am ever reading any statement from certain trader which at beginner stage he prefer seeking perfect indicator and use robot, because the ywant to making good money with small effort, but what happen is he get margin call account because trade with robot then he realized if they need to learn standalone if want to have good ability.

Newbies must not use robot, they should do it with their own, for them to practice the effectiveness of their trading, so they will see if they more learning on how to make it better for next try.

Newbies must not use robot, they should do it with their own, for them to practice the effectiveness of their trading, so they will see if they more learning on how to make it better for next try Agree! They will not learned from the other's mistake or failure. They cannot able to see nor analyze the Robot mistakes or good strategy, because their just waiting for the profit made by the Forex Robot.

Unlike when your trading hands on, you can analyze easily and strategize step by step. You can easily identify where you done mistake and good. And that is the right way to do it, you might fing a good one that will make profits out of your profits. Newbies must not use robot, they should do it with their own, for them to practice the effectiveness of their trading, so they will see if they more learning on how to make it better for next try I agree, trading with ea is not for novicce trader, they might lose money in case something goes wrong.

I am testing free advisers from Fresh web-site now. For beginner not advisable to trade using robot because this will not giving valuable lesson due they only accepted the end result whether pfofit and loss using these robot and they can't understand how these robot work, but manual trading giving more valuable lesson for trader because they can learn from their mistake.

And it can help you to think or gather ideas that you can use for better trading, In no time you'll profit even more than you expected. Just wondering how many people here used robots I actually just finished production of my own custom robot based on this well known strategy and I'm currently testing it to make sure it profits daily.

I actually just finished production of my own custom robot based on this well known strategy and I'm currently testing it to make sure it profits daily.

Good job if you can created robot based on your system, and might you will test in demo account first before used on real account. I am so far only trade maually and trading with my own analysis based on chart pattern and price action and not prefer using robot. Our Expert Advisor EA uses scalping, a few pips at a time and the orders usually last for a few seconds. It doesn't use any indicators or timeframes.

Check how the robot works here: I think we cannot avoid on using robots but i suggest that better do it by your self. So you can monitor the flow of the market and you won't have difficulties when you you entrust it to a robots, because sometimes using robots can lead to total loss in forex trading.

Yeah, I have been using my personal trading EA into my live trading account from last six months. On the other hand, I get fair market environment from TradingBanks without any technical error, so I get consistent success through this automatic trading instrument. Finding profitable robot also required practice with trial and error, in many forum forex sometime we can get free robot from fellow traderand this good to tested in demo account before implemented in real account, because so many robot also causing loss and margin call.

I am ever try out salping robot ion real account which only work on asian session market, but what happen is still often getting loss ,so I am back to manual trade till now, but if you perefr use robot hence need backesting each robot on several month on demo account. I am ever try out salping robot ion real account which only work on asian session market, but what happen is still often getting loss ,so I am back to manual trade till now, but if you perefr use robot hence need backesting each robot on several month on demo account me i am afraid to use robots because some of my co-traders that it is not safe to use robot in trading, it only lead to loss, much better to do trading manually so you are able to check the flow of the market.

Each trader have opwn choice in their trading activity, use robot or manual trading actualy all goal is the same, they want to making profit, indeed not all robot can work well and proftable, there are so many robot only causing loss, but if any trader they can manual trading and have profitable system might they can created robot if hence skill to created robot, but if can't manual trading also good and better.

I don't use robot, I like manually trading with custom indicator. My indicator work well with my broker mt4 platform, hotforex. Our Expert Advisor EA doesn't use any time-frames or indicators. It's based on price changes only, it's a fast scalping system.

It cannot be backtested, that's why we only show forward tests on our website, which are actually 10 times better and more reliable than back-tests. You can find more information about the robot methods and parameters on our website: Well, we really cannot avoid using robot. I do not recommend using robots as they are not very good to say. One correct robot is a robot that has been tested in a real account.

I thing reboot is not important for forex you must be trade yourself. Sometime I see on forum community still many trader ask question about profitable robot and they seeking these software, but seems no answer that surely giving opinion about profitable robot for long time, many opinion only giving ambigu answer which still not sure result.

I thing reboot is not important for forex you must be trade yourself I agree with you, i think it is much better to do it manually at least you can monitor your own work here in forex. And also know that most robot trades fail in trading. I prefer trading by myself. I think manual trading is less risky. I also prefer trading with brokers with no requotes like FreshForex.

They've recently cancelled requotes. They've recently cancelled requotes yes, i prefer manual trading, at least we can monitor our work here in forex.

Me too, I am also loike with manual trading so far and still not yet trying to using expert advisor in my trades, but somettime there are feeling want to trying use expert advisor but because I won't to hiring vps hence still use manual trading with risk management. Me too, I am also loike with manual trading so far and still not yet trying to using expert advisor in my trades, but somettime there are feeling want to trying use expert advisor but because I won't to hiring vps hence still use manual trading with risk management For me using robots in trading are more risky.

Sometimes I use forex robots to help me when I am busy doing something else or I need to run some errands outdoors. But I don't advise using it if you are still a newbie. First of all you need to learn whar is the difference between manual and automated trading. What kinds robot that you try out? I think robot also have certain deposit requirement because many robot work without stop loss and might will like with robot with mney management using stop loss or cut loss, I am not sure to use robot will work for long run.

In the begging i start my trading manually but after some time i move to robotic trading. They help me to learn how to control our emotions and how to be patience in Forex trading.

Maybe if any trader already have or found profitable robot, hence it will very help them to making profot because they can running robot 24 hour with use vps, and required hire vops to runnhng ea full day, maybe not all trader will like to use robot in their trades, inlcluded me still often trade manually.

Maybe there is some point that we can use robots on trading but not always, i still prefer using manual trading. Most of the robots are programed to follow technical analysis and anyone who uses them must know that they requires serious monitoring while the news release time as the market usually went extra crazy during new release.

I think robot also have certain deposit requirement because many robot work without stop loss and might will like with robot with mney management using stop loss or cut loss, I am not sure to use robot will work for long run I use currently one for trading on EURJPY and one that trades on EURGBP only, I do watch them closely every day and intervene whenever I need to.

I use currently one for trading on EURJPY and one that trades on EURGBP only, I do watch them closely every day and intervene whenever I need to. Usually if running robt any trader they use vps, then whether you also hiring vps to running robot? So far I am not use robot because ever tried our one robot causing failure.

Robots are not advisable for new trader. But instead of helping me gain profit, it did the other way around. I suggest do not use robot on trading. So far I am not use robot because ever tried our one robot causing failure Yes, I use vps for years now and also having few of my own servers that I keep instances of mt4's running. Hire vps also required cost monthly and maybe also will depending wioth quality server, some vps might has expensive price but also there are vps that included as cheap price, my broker also giving free vps but required certain mimimum deposit to get vps service.

I used some free versions but never got the satisfied results ,for that we have to test such robots so that we can know their principles and working procedure nicely and thus can get all the advantages from them in a right manner. Its all about the individual trading strategy and style actually. I think it really can't satisfy you on trading and sometimes it can also lead to losing all. You just need to have knowledge on how to manage it. Here there are free robots http: For newbies, I suggest not to use robot on their first try, better do it on your self so you can monitor your trades and check if your strategy would be effective for profitable trading.

However a robot can make the trading process alot easier. It will only lead you to loss. Do manual trading at least you can monitor the flow of your trade.

It is not advisable to use a robot especially if you are a newbie. But for a professional trader, it could be a big help. But for a professional trader, it could be a big help You are right, robots are not advisable for newcomers on forex.

Better trade by yourself so you can monitor your trades. Usibg robot requred fast internet connection to avoid disconnect problem with server broker and also good quality server also very important to running robot smoothly, disconnected with server will causing robot can't work properly because robot will counted every tick price movement. Forex robots may be much expensive. You just become lazy yourself. I say that using Forex robot is just kinda stupidity.

Well this is in my view. May be others dont agree with me. But you will be fully dependent upon it. Its even makes us shy to say that you are a forex trader. I guess robots are not reliable. As i am a new in this market,i even dont believe upon them. We never no when we are losing and when we are getting profit. Also you cannot gain knowledge using this kinda robot. Modern trading is mostly with using algos which means ea's but these are much more advanced machines and software, lots of corporates is using these form of trading instead of manual trading.

First of all every newby traders need to learn what is the difference between manual and automated trading. Maybe using robot will profitabble if these robot already tested in several month, but trading with robot also can causing margin call, we need bakcktesting ea before used on real account and need vps to running robot 24 hour a day. I only prefer to do manual trading, i don't trust robot on trading. Although we really cannot avoid it maybe sometimes we can but for newbies, robots are not advisable for doing trades.

Maybe using robot will profitabble if these robot already tested in several month, but trading with robot also can causing margin call, we need bakcktesting ea before used on real account and need vps to running robot 24 hour a day Backtesting can be manipulated. It's better to follow a robot on a live base to see what the performances are.

Backtesting can be manipulated. I have never used Forex Robots, as I like to make my own decisions and I have heard that it is the best way to trade rather to rely on some robots. If we don't trust with robot hece we will never try it, some another trader might they like usig ea, and usually will testing many ea use demo account and might already use in real account, and if we like manual trading will good if we understand what we do and learn from our mistake.

Actually there are some profitable forex robots out there. But most working EA's are paid ones, I've found a nice trading robot with forward testing proof. This robot Forex Diamond EA http: Read the review about it. I do just and I find it pretty cool especially to do with OctaFX broker given they have low spreads, high leverage and many such facilities to help us work nicely.

Before I start on Forex trading, I think of using robots but I didn't used it. I still preferred using my own decision in the business because when you use your own method or plan in trading, you will learn all by yourself on how to trade effectively.

Also, I think of the money that I am going to risk in the business if I afford to lose it or not.