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

    1. #21
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      i have tried to use free robot or cracked paid robot but it is not as profitable as it is sounded.that is why now i prefer to trade manually since i believe it can perform better than using robot especially when it comes to adapting to market condition changes

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    3. #22
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      in my career i tried three robots and one of them performed good however i personally not like robot trading because robot give profit for short term unless and until market movement is favorable for their scripts and we cant trust robots by doing trade on our real money thats why i like manual trading more.

    4. #23
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      no a forex robot never helped me in my trading in this forex market, i used a robot in my trading account in the start but at that time robot starts giving me losses and i was about to lose my trading account, so after that i realize that robots are not good for trading because they can never make decisions like human brain.

    5. #24
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      Honestly I haven't been able use robot before because I really don't have passion for it. EA TRADING can be profitable sometimes but that is when the robot is still very good. But one thing thing about robot is that they will definitely loose their form they don't work very good forever and so it will take a smart trader to know when to stop

    6. #25
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      Personally I am not for forex robots because I know that it is absolutely not going to work in a consistent manner like the human mind works, forex robots are not flexible when it comes to thinking and non flexible thinking mind will definitely not be able to achieve any greatness in this forex market.

    7. #26
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      Yeah, Forex Trading could be dealt with the Forex Robots, but it wouldn't be a good idea, as you cannot earn through the Forex robots as they are machines or bots, and they may make mistakes. If we are dealing with the Forex Trading, and if we see the mistakes, we could control it, but when we are dealing with the Robots, we could never see it coming and we could never control it.

    8. #27
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      I have never traded with the aid of a robot but I have heard a lot from those who have traded with them, their experience and its effect, also I have done personal research on forex robot and found out that they are not reliable, they would win for a short while and lose for a very long time.

    9. #28
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      I'm not really a fan of forex robot but I saw some great performance from it on other forex website but most of them ended up burning the account after a few months. But I still believe that it's a great tool if we only know how to control and use it. The only downside of forex robot or EA is usually they are being used for online investment scam sales pitch. There are so many shady websites that claim that their EA can give you 1000% ROI in a few months.

    10. #29
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      Quote Originally Posted by Mummyz View Post
      Well I can say yes, but I'm not a kind of person who only try to find such a good robot and rely on it..
      Because we still need to developing a good trading system and strategy and robot part is only help us to do automatic trade and that's all.
      Robot or EA may make a trader easy for trade but in the longer time, you must face so much difficulty to make profit because robot are not used for a long time. Market are always changing and you need to trade manually by gaining the present knowledge about the market. So robot wilt not work in the long term. So trade manually

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    12. #30
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      Many of the traders uses the tradings robots because they think that with the help of the robots they can earn the profits but I never support the robots tradings. I used them at least 1 year ago, It gave me the profits for some time and after then it gave me the heavy losses even it washed out my total capital so now I not use it and prefer manual tradings.

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