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Forex Robot - Do They Work?


Hunny Gee

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Forex Robot – Do they work?

There are many questions about forex robot and whether do they work?

What are FOREX ROBOT?

Forex robot in fact is the automated way people choose to trade forex with.

But the question is whether do they work?

If you go research around for real forex robot reviews. You will find that most doesn’t work. Or at least over 90% of them do not work.

WHY?

Think about it, if forex robot do work. Why do banks and major institutions still need chief forex traders and forex traders?

They have all the money to develop the best forex robot, why do they still need human to trade for them?

Forex Robot – Do they work?

Then the next question would be, But those forex robot have a perfect 10 year track record.

So they should work right…

Wrong.

Here’s the fact – track records can be manipulated.

And past performance are always not an indicator for future performance.

Forex robot are develop by – DEVELOPERS.

Usually NOT Real forex traders themselves.

If the forex robot would make them so much money and have such a perfect track record.

How much do you think it is worth? At least for Millions of dollars?

But how much are those forex robot selling in the market. Less than a hundred bucks. Feasible?

Forex Robot – Do they work?

The hype in the forex market for automated forex trading WILL be always there.

Because people are always looking for ways to earn money on autopilot with just a click of the button.

Therefore there will always be new forex robot coming out every other day.

If you want to make forex trading your career, take some time and diligence to learn to trade forex.

Your future should not be relied on some automated forex robot, it will not work forever.

But once you have mastered forex trading as a skill, it will be with you for life.

And you can pass this skill on to your future generations.

Disclaimer: I’m not saying that ALL forex robot does not work, the above is just my opinion and i will not be held liable or responsible for it.

Check out our AFM winning Price ActionForex Course where i teach you the exact FULL Forex Trading System that i personally use to be consistently profitable.

See you on the other side my friend,

Asia Forex Mentor

Ezekiel Chew

Asia #1 Forex Mentor

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  • 6 years later...

Robot is an automatic trading facility in forex market. Trader use robot to trade automatically and they don’t have to monitor the market all the time. Robot can purchase a trade with your desire condition. Now I am trading with CapitalsTrade. it is a regulated and licensed broker in Vanuatu. It is providing me low tight spreads, mt4 trading platform, swap free account, low transaction cost fast and execution system and many more.

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  • 2 months later...

Yes forex robots work in a very positive manner in order to keep the emotional factor away from your trades. They also help you to save your time for some other purposes and businesses you need to do throughout the day. More importantly, they identify the opportunities more quickly.

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  • 5 years later...

Some traders have professional expertise on using robots on the market. They can reap much gain by EA trading but majority of the traders are failure in robot trading. However, Eurotrader allows EA trading and you will never face any dealing desk and slippage issue with the broker.

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  • 1 year later...

Automated trading systems execute trades based on pre-defined criteria, such as technical indicators or price patterns, without human intervention. This approach aims to capitalize on market opportunities swiftly and efficiently, leveraging computational power and speed. LQDFX broker allows EAs to be run on their platform without any technical errors.

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One of the advantages of trading with a robot is that it doesn't involve emotions because the robot works based on an algorithm written by the programmer, and the way trading robots work is mostly based on signals from technical tools such as indicators to confirm a trading signal. Using robots, traders should do research before buying because many frauds use trading robots as products to sell.

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If we still don't understand how trading is carried out, we can try to take advantage of the facilities available at Tickmill, such as copy trading, so that we can get benefits from copying pro traders without having to trade, just by monitoring their performance.

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