General are robots even safe?

[Deity]

Is it safe to auto trade or manually do it yourself?i have experince with money pile robot...it was best until it decided to quit on me and i am always caught on the wrong side of the market.

 

[Hades86]

Hello,

I think using a robot is not a bad choice but you have to know your strategy by heart, choose the right pairs to work with.
In addition, knowing how to trade manually is a big plus in order to manage good money management.
I also advise to follow the news in order to know when to deviate from the market.

 

[copythattrade]

Hello,

A good tip is to backtest then forward test the bot on a demo account with the same leverage and capital etc as you would have running the bot live

 

[RobertLynch]

It depends on what bot do you use. As for their activities and profit, it seems, some of them are useful. But it is necessary to find the working one.

 

[pattj2]

What recommendations will one advise for volatility indexes?

 

[kong83]

If you have the time to learn to trade manually its much better...but there are quite a few good EA's out there

 

[festo4]

if you are a small capital trader then manual will do best.. but u are a large capital trader u want maximum results so its best to use automation to take advantage of every opportunity