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Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 1:55pm On Feb 07, 2015 |
I want us to discuss both pros and cons of using automated softwares to trade and trading Manually. I will start with Manual Trading coming back... |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 2:25pm On Feb 07, 2015 |
1. The main thing that a human trader has that a robot doesn’t is a brain. Where a robot can only execute decisions based on the scenarios that programmed into him, a human can take into account everything that is going on and process it together. A human can take into account fundamentals that are occurring unexpectedly (like a hurricane in Japan). 2. A human can see that the market is moving awkwardly slow or unreasonably erratic and pull out his trades. 3. A human can decide when he has enough profit and when he thinks the momentum will continue in his favor. |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by gurusmac4: 5:02pm On Feb 07, 2015 |
Check here to learn more |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 5:55pm On Feb 07, 2015 |
let us see what Robot too can offer 1. The first advantage that jumps out to me about automated trading is simply the nature of having a robot trade. It is exact, perfectly disciplined, and doesn’t make mistakes (if programmed correctly, of course). One of the biggest problems that a trader faces is his ability to be disciplined and stick to his plan. With automated trading, you can be assured that the robot will be completely disciplined and stick the the plan you set up. Often times, it is the ability to stick to the plan that makes the difference between a profitable trader and an unprofitable trader so that is a point for the robot. 2. Not only will a robot stick to the plan and be disciplined, but a robot will always execute correctly. A robot won’t take a buy when it should be taking a sell, it won’t enter the wrong lot size and it won’t misplace the s/l or t/p. This is a huge benefit in trading, because mistakes like the ones mentioned are killers to your overall success. That’s another point for the automated trading. 3. Robots can also take in more data than a human trader. That means, if your strategy applies to a whole bunch of different currency pairs, you can probably only monitor a few at a time. With an automated system, you just plug it into however many charts you want it to monitor and BAM, it won’t miss a signal. Another point for the robot… But wait! There’s More!! 4. Not only will the Robot trade with better discipline, better execution and more range BUT ALSO, a robot doesn’t get tired. While you pick the few hours that work best for you, the trading robot will be plugging away at the markets 24 hours a day. That is 3 , 4 maybe 10 times as much as a manual trader trades the market… Yet another advantage point for Mr. Robot trader. NOW WHICH ONE IS MORE PROFITABLE AND RELIABLE. Let us go... |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by bizz(m): 9:06pm On Feb 07, 2015 |
I like manual trading...cos sometimes u need memory to trade.a robot only follow set down rules. The market sometimes delays before execution and u need human to analyse such. I like trading patterns but robot cant get the points correctly for me...so I am strongly in support of manual trading and thats what I teach my students. 1 Like
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Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 8:06am On Feb 08, 2015 |
yes you are right. first of all new traders must not go for Robot. since the primary aim is to learn in & out of Forex. it through adequate learning that such person would be able to develop a trading system. what separate successful trader from unsuccessful one is ability to adhere strictly to his trading strategy no matter d condition. so if you have a trading system that is good get a good programmers or use online programming website if you can do it urself. to say the TRUE since I know the secret of using Robot I dont think I have such time to trade manually |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by Nobody: 10:49am On Feb 08, 2015 |
can u set a robot to trade on ur setdown prinsiple?? if yes! then which robot is that kswot: |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 12:46pm On Feb 08, 2015 |
uthor=stardragon post=30535257]can u set a robot to trade on ur setdown prinsiple?? if yes! then which robot is that [/quote] yes sir. check here and download it. it not a demo version and it doesn't expire. download. it and let me hear ur feedback https://www.nairaland.com/2134764/havel-forex-robot-secrets-banks |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by kswot(m): 3:29pm On Feb 15, 2015 |
I believed people are now testing this Robot. we are in second wk. let see how it goes this wk |
Re: Forex Robot Vs Manual Trading: Which One Will Make You Rich? by smartdebiz(m): 4:41pm On Jun 28, 2015 |
Robots are better. See my reasons: 1. Robot works for 24hrs, without resting. This gives it more opportunity to open trades at the right time. 2. Robots are not distracted like we humans. Emotional and physical distractions is what is killing manual traders. 3. Good robots work with fixed settings. We humans can decide to open trades with high volume in order to get rich overnight. 4. Robots will close trades faster than we humans. In most cases, you may have trades open and the trade is in the profit zone, instead of closing with the little profit at hand, we may decide to allow it to multiply which in most cases will result to losses. For more info, please contact me: smartdebiz@gmail.com |
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