to use Forex robot for live account you must to learn about the demo account , because if you do not learn the demo account so you can not play the real account , it may be risk for you ..
Risk management and money management is the 2 sides of a coin. And we need the whole coin. Means need to implement both together to find any kind of success in trading. Whenever I read any risk management or money management books I found that they actually talks about both at a time.
maybe i cant give you the best answer, but as far as i know all robots is just the same..they will do what they programmed so if manual trading is good, the robot will follow it too but will not have the same result because robot can change their decision when making trade..only manual trader can controlling their trade for what they want and what they dont.
Thinking of using a robot in live trading is never be a wise idea . I would not suggest you to use any robot in your trading as it has the high risk of getting margin call .
Actually Robot is an automated system, Though robot is an ultra modern electronics device of modern technology but it has no ability to do any thing by it self. It works on the basis on commands given by the operator. SO I do not approve to use FORX ROBOT.
Yes i also recommend manual trading. To trade the Forex market experience is all you need. In automatic trading system you can not learn and experience about market. If you only want to earn money then, Rather then automatic trading system invest money somewhere or with an experienced trader.
The best known till now is fapturbo, but I have no personal practical experience with that. I only heard about it from some traders that its good only under certain market conditions that are specified in it. But overall the traders community don't suggest using robots.
I advise you not if you use the robot because sometimes it melts the big mistake and you pay caching, so the best thing is that you're looking indicator improves with a good strategy and bonnnes basic things in your trading, if all that does not suit you you can copy your trading, you can find it in such InstaForex
I was starting to make more than I made at my job and I am still making more. Trust me this forex robot is the best available and no matter what the economic times are the robot will make you money. I strongly recommend.
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