Do Automated Forex Trading Robots Really Work?

[Div999]

ou can find hundreds of paid and free fully automated Forex trading robots online. It is reasonable to assume that all of them cannot be profitable. Their effectiveness depends primarily on the Forex robot trader’s ability to select the proper settings, understand the moments when it is better to stop the Forex trading bot, assess the risks, etc. A Forex trading bot is not the Holy Grail. This is a tool that makes life easier for those who know how to handle it. And if a person does not know how to use a tool properly, they can only make it worse. The “monkey with a grenade” principle is a sure way to lose money.