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Manual Forex Trading vs. Automated Forex Trading

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  #1  
Old 23-04-2013, 16:26
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Posts: 143
Default Manual Forex Trading vs. Automated Forex Trading

What is Better?
Forex robots have, and have always had, both fervent supporters and

opponents. People, who argue againstusing Forex robots, bring forward the

following argument: only a human being can make the right decisionbasing on

his accumulated experience and acquired knowledge. At the same time,

supporters of manual tradingclaim that you should have a clear trading plan,

a clear market entry strategy, stop-loss and take-profitplacement rules and a

market exit strategy. In my opinion, these two statements contradict each

other. read more: http://goo.gl/THT9D
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  #2  
Old 08-05-2013, 15:45
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Default Re: Manual Forex Trading vs. Automated Forex Trading

I prefer trading manually, because finding the right robot for trading is also not an easy thing, but it also without mastering trading manually, it will be difficult also for setting up the robot for trading.
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  #3  
Old 27-05-2013, 07:33
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Default Re: Manual Forex Trading vs. Automated Forex Trading

I don't think automated trading robot can survive in Forex because robots cannot adapt when the market changes its movement. There are good times to trade for the robot, but when the bad times come, they will still trade because they are programmed to do it. And only a human mind can think better than robots. So for me, manual trading is the best.
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  #4  
Old 29-05-2013, 08:28
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Default Re: Manual Forex Trading vs. Automated Forex Trading

for now im all manual, EAs are on a different level and its best to get a good manual trading strategies and maybe some day incorporate it in a robot. i trade with hotforex and im all good with pure manual trading making enough each month :D
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  #5  
Old 30-05-2013, 02:45
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Hi, nice to see you.
Im a trader with 6-year forex trading experiences.
I trade with my own EAs with manual control.
I prefer Automated Forex Trading.
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  #6  
Old 31-05-2013, 16:46
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Default Re: Manual Forex Trading vs. Automated Forex Trading

We are knows that An automated trading environment can generate more trades per market than a human trader can handle and can replicate its actions across multiple markets and time frames. An automated system is also unaffected by the psychological swings that human traders are prey to. But is still prefer using manual trading.
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  #7  
Old 31-05-2013, 17:19
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Manual trading is always better than automated trading because we can avoid many false signals that automated trading involves.
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  #8  
Old 05-06-2013, 13:49
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Quote:
Originally Posted by Pulse View Post
Manual trading is always better than automated trading because we can avoid many false signals that automated trading involves.
Yeah, in order to get profit from our trading activity we need more knowledge and experience, with trading forex manually we can get more experience from every trade.
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  #9  
Old 28-07-2013, 14:11
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Default Re: Manual Forex Trading vs. Automated Forex Trading

[QUOTE=vic2;17199]What is Better?
Forex robots have, and have always had, both fervent supporters and

opponents. People, who argue againstusing Forex robots, bring forward the

following argument: only a human being can make the right decisionbasing on

his accumulated experience and acquired knowledge. At the same time,

supporters of manual tradingclaim that you should have a clear trading plan,

a clear market entry strategy, stop-loss and take-profitplacement rules and a

market exit strategy.

Over time no automatic system will work. Markets change and what worked today may not work tomorrow.
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  #10  
Old 19-08-2013, 11:28
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Default Re: Manual Forex Trading vs. Automated Forex Trading

During my trading live i tryied several robots and now stick with one, which is pretty good. However, based on the bitter experience, I won't let it trade without my survilance. So yes, robot trading makes your life a bit easier, but nothing could think instead of you
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  #11  
Old 04-09-2013, 11:47
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Call me the dinosaur, but I don't trust robots! Especially after watching all the terminators and matrix:cool:
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  #12  
Old 09-09-2013, 13:33
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Default Re: Manual Forex Trading vs. Automated Forex Trading

no robots for me, how can i trust to machine more than to my own me))
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  #13  
Old 16-09-2013, 19:24
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Both automatic trading and manual trading have their advantage. Robots trade without emotions and stick to the strategies and money management rules. This can be their drawback as well, because they can't adapt when the market changes, and this can result in a once profitable robot starting to loose. I personally prefer manual trading.
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  #14  
Old 24-09-2013, 12:27
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Default Re: Manual Forex Trading vs. Automated Forex Trading

I think sooner or later every trader comes to the idea that his strategy is so simple that there could be a program doing all the job instead of him and that is when they start to search for the forex robot. I believe that automated trading is the future, not the presen though.
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  #15  
Old 01-10-2013, 09:49
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Default Re: Manual Forex Trading vs. Automated Forex Trading

The future is coming! Even if now you're still not impressed with what the Ea can do, you will be. If you don't believe, just compare the modern forex robots with those that were created even two years ago.
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  #16  
Old 02-10-2013, 08:13
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Combination of good forex robot with your own trading strategy will be the best choice. I can't say that it will make you a billionaire in one year, but you can count on the stable income. Although the investments are to be considerable. Like buying a good PC, getting the vps account and paying for the EA, since nobody would give you a profitable robot for free.
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  #17  
Old 09-10-2013, 10:09
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Default Re: Manual Forex Trading vs. Automated Forex Trading

I'm voting for manual. I just can't see the way people can create an algorithm working all the time, despite the conditions. All the EAs are based on the indicators and they are only analyzing what had happened. How can that information help me to forecast the market.
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  #18  
Old 09-10-2013, 22:38
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Default Re: Manual Forex Trading vs. Automated Forex Trading

I am both manual and automated trader. I think for a good trader and also of you have much time to trade then manual trading is the best. I have two accounts . In one account I trade manually and in another account I use an EA. For currency trading I trade manually . I use that EA for Gold trading as I have found it very consistent in making profit.
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  #19  
Old 08-05-2014, 02:02
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Default Re: Manual Forex Trading vs. Automated Forex Trading

Auto trading is the fastest growing market within the retail Forex industry. Despite the shift to clients employing the use of automated trading systems, results are similar for both auto trading and manual trading accounts
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  #20  
Old 08-05-2014, 07:43
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Default Re: Manual Forex Trading vs. Automated Forex Trading

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  #21  
Old 23-05-2014, 03:31
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Default Re: Manual Forex Trading vs. Automated Forex Trading

For me, trading manual is the best, because in addition to giving me more opportunities to hone my trading skills, trading manual gives own satisfaction, with manual trading, I know the results of my trading's ability that I have mastered, where the weakness of the strategy that I use and how anticipate the possibility of loss in next trading. that my besed experience when trade in Armada Markets
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