Manual Trading Vs Robot Trading
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  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

  2. #2
    I don't think I will ever think of trading with robots, I so much like the manual trade method and so therefore it has been so much helpful to me make good improvement though I have not been able to make that much from the business but I understand properly that the robot trading is not going to be a better way of trading so therefore I try to avoid it.

  3. #3
    Quote Originally Posted by cutiekc View Post
    I don't think I will ever think of trading with robots, I so much like the manual trade method and so therefore it has been so much helpful to me make good improvement though I have not been able to make that much from the business but I understand properly that the robot trading is not going to be a better way of trading so therefore I try to avoid it.
    in my opinion if you are a newbie then you never follow any one who doing trade with robot cause it is to much dangerous for you just try to make their own strategy and then you see the result every one want make huge money but they do not follow this properly so try this and make it good for you this is in your hand choose good one or bad one ...

  4. #4
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    I have never thought of trading with robots but I do take the manual trading and I can agree with the above post. With that been said traders needs to understand to the fact that for them to be able to make money from forex trading business they have to learn and see trading as not being a game where some static movement is been expected.

  5. #5
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    Quote Originally Posted by D'mastermind View Post
    I have never thought of trading with robots but I do take the manual trading and I can agree with the above post. With that been said traders needs to understand to the fact that for them to be able to make money from forex trading business they have to learn and see trading as not being a game where some static movement is been expected.
    Dear, we can not avoid and deny the importance of robots, I think we can manage our trading with the help of these robots and can earn reasonable mount, I also believe manual trading but most of the time, I use the robots and I found that paid robots can be useful, you just have to knowledge about using the robots, then you can earn huge amount with the help of robots.

  6. #6
    Manual trading is very important , there is a good chance that when you trade manually is really be sure that we really be sure that we work in some cause of choice, there is a chance that with a robot there are no emotions involved robots that we always keep on doing the right idea is to really believe what is best we do

  7. #7
    It is nice explanation by you because so many trader think about these when they are new to forex trading so we have to chose our way and by reading this we have all advantages and disadvantages for our trade so we take decision accordingly i like to trade based on manual trading because we have all the control on trading .

  8. #8
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    Quote Originally Posted by rizk View Post
    It is nice explanation by you because so many trader think about these when they are new to forex trading so we have to chose our way and by reading this we have all advantages and disadvantages for our trade so we take decision accordingly i like to trade based on manual trading because we have all the control on trading .
    Yes we can see that the market is not static as been stated up there so it makes no sense when a trader decides to trade with the robot that can not even improvise, I rather keep on trading with the manual trading method, knowing that I will get more and more experience which will help me in handling different market situations.

  9. #9
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    Well I believe that manual trading and self trading is the only way to go about for success in this market because if you try to rely on the robots then soon you will see that you are losing money, but you will have no one who you could blame for the loss and you will become discouraged of the forex market because you will not have worked anything on your own and you would not have your own strategy to take you anywhere so develop your own strategy. so that when you become hopeless you can modify it to change it.

  10. #10
    Registered user mohabbat's Avatar
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    Of course manual trading. Manual way is the best way of trading and it can give us much profit. NO need to use robot. We must trade by using our own knowledge and trading skill which is also known as manual trading. There is no earning limitation on manual trading system but in robotic trading system there is. So try to trade manually. It would be better for you. Only manual way you be able to reach top level of trading.
    Don't loss you hope.

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