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Thread: Manual Trading Vs Robot Trading

  1. #1
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    Manual Trading Vs Robot Trading

    Hello lovely members.

    As you all know, technology has made trading more easier that it can be now done online, round the clock with the MT4/MT5 platforms, we have the opportunity to trade.

    Manually: The trading that a trader opens by him self, in accordance to a well learned strategy or according to gamble or some other self known motivation to either buying or selling a specific security.

    Advantage of trading manually

    1.You are in control of your trades, you take your trades and you can improvise.

    2. No bad trade as a result of software malfunctioning.

    3. you can make analysis and select the good trades to be taken.

    Disadvantage of manual trading.

    1. You have to be on the market on time to take trades: time consuming

    Robot: Trading with Programmed EA which is attached to the trading platform, the robot have got some parameter and stoploss and take profits settings, depending on the programmer.

    Advantages

    1. You don't miss opportunities as the robot is there to take trades for you as programmed.

    2. No losing of trades to Emotions; Robots ain't human, they follow the initial plan and instructions.

    Disadvantage

    1. Huge loses may occur due to market behaviour changes.

    2. It can't improvise at some market condition, therefore putting limits to potential profits.

    3. The market is not static nor a game, therefore adjustment is needed to keep winning, of which the robots can't do.


    I hope my points will be helpful to those traders being confused on if to trade manually or with robots.

    Now, dear lovely members, lets share our views on this

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  2. #21
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    The robots thats that work for us are usually free of so many emotional interfearance and when , you start robot trading, these makes it really posibly the best for the best reasons out there we have to keep o working as hard and properly in the same chances we have to work as hard and develop the good interveals that we work with

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  3. #22
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    The disadvantages of manual trading is few which make manual trading the best way to trade forex, I don't believe in auto trading system that's why I don't have the time to trade with robot or any indicator the best way to trade and make consistent profit in forex trading is manual trading there is no other method as good as manual trading.

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  4. #23
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    Experience is very needful for gain in Forex market.Because of , market movement is depend on economical condition of any country. We are very excited in Forex market for take some profit in short time without advance learn.After some days later, we depend on any EA or robot.So, most of traders are loser. Manual trading is very good and perfect for Forex market.

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  5. #24
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    Quote Originally Posted by azaharul View Post
    Experience is very needful for gain in Forex market.Because of , market movement is depend on economical condition of any country. We are very excited in Forex market for take some profit in short time without advance learn.After some days later, we depend on any EA or robot.So, most of traders are loser. Manual trading is very good and perfect for Forex market.
    I share the same point of view with you because I have also been making use of the manual trading process when trading and it works really good for me. Trading with the manual approach will make us more experienced that we get used to the market movement and then we will be able to know how to improvise and therefore making for our selves more profits.

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  6. #25
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    Manual trading is the best method for trading forex robots are not to be trusted but if you learn and understand this business yourself you will be sure that you can trade and make money almost always, robots are not safe for trading so I will not suggest anyone trading with robots.

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  7. #26
    Trader cutiekc's Avatar
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    Forex trading is a risky business and the best way to trade is to know the one that works for you. Therefore I am not saying that robot trading is actually good, but I think we have to see to the fact that forex is not a game, and therefore see the huge reason why robots will not really work in here, there we need to have the manual trading process mastered.

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  8. #27
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    In manual trading we learn a lot f ting which we are not learn in root trading,. Whenever we make losses in manual but we also learn and gain experience. which help us in future but in robot we learn nothing. If we work 10 years with robot then after that duration our own experience is nothing. SO its waste of time to trade with robot,

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  9. #28
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    The best way to trade forex is for you to learn and understand how this trade works on your own and trade yourself and that is when you should decide to trade with robot too, don't think of trading with robot without experience and knowledge because it won't work, a robot will work when you already no how to trade forex.

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  10. #29
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    I prefer to trade forex market manual than to think of robot trading, I have not make use of robot trading method in forex market, so I don't really know how good and reliable they may be but no matter how good they may be or not, I will not make use of them in forex trade, I believe that with manual trading, I will understand so setting things than making use of robot.

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  11. #30
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    I think trading is much about you you knowing what works for you, well some traders might want to trade with the robot trading method and others the manual trading method. The most important thing is learning. I have recently learned that the ability to learn will make a trader better in the trading process he or she has chose.

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