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all it does is analyze and trades in the financial markets 24 hours a day. If you come to think of it, traders have their own reasons why they use a particular method. However, the only main thing that a human trader has that a trading robot doesnt is a brain. You could spend 24 hours a day too, but obviously this wont last for long. Some who buy trading robots are able to make good money tooif they trade with sound risk management and get lucky with the robots they purchase. A robot wont take a sell when it should be taking a buy, it wont enter the wrong lot size and it wont miscalculate the stop loss and take profit parameters. You must have heard some traders say that robot trading has served them well, while others still prefer to trade manually as this has worked best for them. Statistics for each strategy are available for research purposes and recent performance history is readily accessible. Obviously, that is to be avoided at all costs.
Sadly, everyone from Armed Service men and arkansas forex trader women, civilians, contractors and unwise. Id love to hear about it and so would the other readers. . This basically means you can also use your brain to work to your advantage after learning all there is to learn about trading and use this knowledge.
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If you are looking for information on the best Forex Trading S?gn? Sure robots can be programmed to analyze price action, but they will never do it the way humans can. If it is your wish to trade but dont have enough time to do it yourself, this would help you a lot (so long as the robot is profitable of course). Its like having an employee that never sleeps and never gets emotional and just does what you tell him. You are what you eat! Automated trading systems can take trades day and night, and do not miss trading opportunities. Thanks for reading and learning more about robot trading! Robots work in terms of a system and rules to follow and they have a patterned thinking if we can call it that, so unlike the human brain it cannot read deeper into things.