Automated Forex Trading system reviews?
There are a lot of automated forex robots out there and many of them promise a lot. Has anyone had any experience of them or know of a good comparitive review thread somewhere? If you google them you get a bunch of pages that are thinly veiled sales pitches for one program or another. Its hard to know what information is relaible and what's not.
Can a forex program really make trades as well as a human trader?
Every Saler in generally says that his/her's the Best, and they allays submit bunch of screen shots + Video Proofs some times with recorded screen play - U also may find at the end of every page of that kind of saler's site Here they claiming that if u gotta unsatisfied with their product they may refund u the perches amount, but The Truth is NO EA NO INDICATOR may gives u proper success untill u get some valid knowledge about manual trading.
Originally Posted by heidrek
Those are for support purpose, One EA can give u 100 pips and at the same day it can liquids 200 pip any moment when market gonna volatile. So When few months ago I asked the same type of question here in this forum other readers replied what am talking u today.
But, Rest of The Decision is 100% Yours, Play as U like To Play. The Ground is Open 24x5 every week. Ha ha
If everyone starts using automated tools in return for a guaranteed profit that these tool creators offer then you won't see any trader loosing their money.
feereewowmema, you should be posting in the site in Russian
"Can a forex program really make trades as well as a human trader?"
Would FxOpen be a Broker or a Forex Trader if machine/program can give and make millions for the owner??
As in life, there is no easy road other than through the process of learning and experience to obtain knowledge.
We can wish there is a computer program that we can plug into our brain to fast track the learning process, but no such program exist (as yet). This is also very true with trading forex or any other type of business.
Just be patience and plod on with your learning and experience process and one day you will be enlighten!
All the best!
"Making Profit IS EASY, keeping it IS NOT!"
Automated Forex trading system is the sophisticated software based on the complicated mathematical algorithms, optimized for analyzing the dynamics of the rate exchange trend. Automated trading systems are pre-programmed strategies that automatically execute trades on the account based on the rules of the strategy.
Originally Posted by heidrek
indeed a lot of forex robots, and not all of them, running as promised, maybe robots are promising, certainly paid.
There's no automatic trading, coz we still watch that robot.
If you give robot 100% decision maker, you can loosing all of your deposit
How put automatic trading
please anyone can enplane me how can I put automatic trading in FXOpen terminal ?
for short /long amount of time EA will make money
but eventually will lose money because it is static and doesn't have human brain
dont learn to trade; trade to learn
Denis Peganov, FXOpen Development Director
I was very sceptic about EA future before, now I believe that only EA can generate maximum available profit for the trader. The main power and main weakness of EA is that it is working without human's intervention. As disadvantage it means that any mistake in code will cause money lose, as advantage it will not make emotional mistakes which cause most of loses for the traders. As long as trader can supervise his EA and make required changes it will be better trading quality comparing with manual. Just look at the top PAMM trader, this is what I am talking about.
Hello FXOpen Manager
1) I'd never use someone elses EA unless I had full control over it.
2) I'd never recomment anyone else use another's EA's on a "Real" accounts without first knowing the full ricks involved.
3) EA must only be used as a helper and not a maker.
4) They do come in handy for modifying the parameters before and during order open time.
5) Programming, and changing the parameters will increase profit, but it can also increase the risk.
6) They will place most orders during "volatitle" periods, were manual does have some problems.
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