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Pros
They can trade 24/7
They are not influenced by human emotions
They can work faster and more effectively
They can operate more complex and sophisticated trading strategies
They make backtesting easier and faster
Anyone can use them to get started with forex trading
Cons
You need a strong...
There are several reasons why people use forex robots. However, before purchasing and running a forex robot, it is important to weigh up the advantages and disadvantages of using an automated system, and to recognise that no forex robot can offer the perfect trading solution.
Many inexperienced...