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    Thread: Automate Trading System VS ForexCopy

    1. #1
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      Red face Automate Trading System VS ForexCopy

      I am trying to figure out which would be the better system. Automate trading system or Forexcopy. These are the advantage I could think of for both systems.

      Automate trading system
      1 One time fee
      2.No affected by emotions and fear
      3. Able to decide how much of the fund is to be traded.

      Forexcopy
      1. No upfront fees
      2. able to adapt to market conditions


      Do you think this analysis is fair? what are the advantages you can think of for both system?

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    3. #2
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      Quote Originally Posted by Dixie View Post
      I am trying to figure out which would be the better system. Automate trading system or Forexcopy. These are the advantage I could think of for both systems.

      Automate trading system
      1 One time fee
      2.No affected by emotions and fear
      3. Able to decide how much of the fund is to be traded.

      Forexcopy
      1. No upfront fees
      2. able to adapt to market conditions


      Do you think this analysis is fair? what are the advantages you can think of for both system?
      It's still not enough to describe all condition. We still need to have good and stable internet connection to run EA or robot. If you can't run it on PC or laptop then you must rent VPS, it will adding more cost for us and usually it won't be good if our forex balance below $100. For forexcopy, it also depend on the trader too. We must find a trader with good reputation before copying their trade. Instead of getting profit, choosing wrong trader will make us losing our money.

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    5. #3
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      Quote Originally Posted by captainleo View Post
      It's still not enough to describe all condition. We still need to have good and stable internet connection to run EA or robot. If you can't run it on PC or laptop then you must rent VPS, it will adding more cost for us and usually it won't be good if our forex balance below $100. For forexcopy, it also depend on the trader too. We must find a trader with good reputation before copying their trade. Instead of getting profit, choosing wrong trader will make us losing our money.
      Well both have slightly different advantage between one and another. But i still think both are a good way for investors to diversify their investment portfolio. Do you know you can run a single copy license EA on one account, activate forexcopy and now run the same EA on infinite accounts?

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