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    Thread: Does a Forex robot ever helped you earn profits? (part 2)

    1. #31
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      Some forex robots that works as intended may help you to earn profit during forex trading, but it must be noted that not every robot functions effectively. This is because a robot can only be as good as the strategy on which it is based and the coding skills of the programmer.
      POSSIBILITIES ARE INFINITE IN THE FOREX MARKET, YOU CAN ACCOMPLISH ANYTHING !


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    3. #32
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      If the robot is the result of our techniques that we automate, then of course the robot can help us in looking for profit in forex, but if not from the results of thinking / strategy that we use, maybe you will lose money when beginning to use the robot.
      We must know the exact characteristics of the robot, about the strategy, technique, or system it uses, so we can set up capital to stay safe when using a robot, not only that, for maximum results, we still have to monitor the performance of the robot , although it is automatic, but if there is interference from us, surely the result will be more satisfying.
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    4. #33
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      I see there are lot of trader use robot, but till now i have not used it on my trading account, because i believe that robot never help us to make consistent profit and this is dynamic market, if you want to make successful profit with consistently from this market then i think you always need to modify your strategy and planning and if you can do that with properly then you can be success, otherwise not, unfortunately robot cant do that, so that i think with robot you will never make good profit from this market.


    5. #34
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      I used the Forex robots when I got the 1 year of experience in the market. I noted on thing in the robots, it gave me the profits at the beginning but after sometimes at start giving me losses because it can not adjust their selves with the moving trend of the market therefore now I perform the manual tradings as in my observations it is good to be followed.


    6. #35
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      Yes forex robot helped me earning profit in forex trading. It makes my trading experience better by providing me with alternative to my manual trading.


    7. #36
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      Robots could be usefull if they are well designed for the forex markets . It is possible to get lots of robots , but finding good robots is not always an easy task , that is why lots of traders rely only on the most reliable systems they could find on the markets . For example , a good scalping robot could work only with some types of accounts , and when on a broker with too large spreads for each currency available , it is possible to get some results that are not the same that on other brokers . It was possible to get good results for robots , but traders should not forget to get a good system that could get well with all the selected brokers , for profitable results , on the forex markets .


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