I want buy a Forex robots. But I do know what is the best Forex robot to buys. Can anyone can give me briefly reviews about Forex robots??
Most robots, if not all, are designed to make money for the creators and not for the users. Forget about them and learn how to trade. Never buy a robot The best trading way is the manual one Never let it to robot, you will finally loss You must be a professional trader to trade in forex, if you are not, just forward it to the professionals according to the EURFXUSD site this is important points that you have to take in consideration.
These guys won't understand. Those who fail to understand are doomed for failure. I wonder how many will write horrible things about forex trading and their broker after their robot robots their account clean. However, as Rambo said, learn how to trade first. Without knowledge of underlying market that the EA is working on, you are bound to foul up even when given the 'best' EA on a silver platter Reviews won't make any sense. I tried EAs with higher ratings but nothing worked well for me.
So it is always better to do manual trading. Okay I gotta weigh in. Robots are not a scam. Allthough there are plenty of scammers who sell robots. There are tons of predators out there so of course buyer beware but anyone who says algorithmic trading can't or doesn't work obviously doesn't have a firm grip on reality.
I just tried to google stats and percentages and without spending a lifetime on it I can tell you this. Obviously HFT or high frequency trading is certainly the current trend and as of a third S stockas as well as EU stocks were automated. But do take a smart and balanced approach or else you will be throwing your money away!
I can understand you want to make things easy for yourself, but you should think it through before you use forex robots. Though they may work, but all it takes is one mistake and you loose your entire investment.
Plus the may be very hard to set up. Nothing can be compared to the human brain, you use social trading where you get way other traders succeeded. Well if we are able to manage the trades manually then better not to use such robots for trading.
Usually the robots which claim to make you some unrealistic money is too good to be true. There are SCAM robot which give u a very promising back test result but finally burn your account especially those martigale strategy robot.. The only robots that work profitably are those used in hedge funds and in wall street.
However that does not mean one cannot develop our own robots that can be profitable taking longer-term positions. If interested in Forex Robots then Fapturbo is a good one. My friend you don't need the answers.
The answer is in your thread title. The only thing I can tell you is billions and billions of dollars can't be wrong So to the non believer I tell you this Lose your pride not your money But do take a smart and balanced approach or else you will be throwing your money away!
You could lose your trading capital and that will suck!!! But that's just me.More...