Robots make money Pros and Cons

Robots make money Pros and Cons

From the author


Any beginner or experienced investor, constantly surf the Internet in search of methods to increase their capital. Despite the fact that there are already excellent and working methods for generating income, you have to look for new ones, why is that so? The world does not stand still, progress is rapidly moving forward, replacing the usual old with innovative new. All these rules work in the investment market, you can not get hung up on one thing, you must constantly move forward and adapt to market innovations.

What is a robot?


In this case, it will be about robots that bring income to the investor, through automated trading on the forex exchange. It follows that A forex trading robot is a program that performs a specific algorithm aimed at increasing capital. The basis of this algorithm is the execution of automatic trading transactions for a trader using a pre-programmed trading system.

The results of trading robots are so striking that this program has gained worldwide recognition and is becoming popular every day. For example: “In 2000, 600 traders worked at the headquarters of the investment giant Goldman Sachs, but by the year 2017 their number was reduced to two people. The rest of the work is now being done on automated stock robots that serve 200 computer engineers. ”

Exchange robots for trading in the Forex market have long been used by both private investors and professional companies, and there are many reviews of this on the Internet. But at the same time, it is worth noting that in itself the existence of a trading robot program does not guarantee consistently profitable results. That is why such a trading method has both its admirers and opponents - traders who prefer to trade in the old manner, by hand.

It is not difficult to assume that experienced traders who have given themselves to trading in the forex market for many years are quite skeptical about the transfer of control of their forex account to a robot for automated trading. But at the same time, the understanding of the algorithm will bribe to test it, because automated trading is, firstly, reducing the time to make a decision, which leads to successful transactions more often.

Newbies, having encountered on the forums a description of forex robots and the results of a trading robot, are happy to test this trading method, since the lack of experience is more than offset by the algorithm of the robot itself for stock trading. A forex trading robot can correctly open and close trade orders at the right time, analyze the likely market movement, and also react to a negative trend faster than a person does.

For completeness, consider the pros and cons of robots trading in forex, then to make their own conclusion regarding them, and see if you can earn money on forex robots.

Pros from working with a robot


No emotions. No fear. The trading robot will not miss a single transaction on the exchange, despite any market correlations. A trading robot is not important, you have a million dollars in your account or only a hundred, he has no emotions, he doesn’t care. This results in complete composure and precise control. A forex trading robot follows a mortgaged algorithm for the entire time it is running.

Instant market analysis.  Even if you are the most brilliant forex analyst and your reaction rate to market changes is instantaneous, the indicators of a trading robot will still bypass you by orders of magnitude and spend the fx trading robot much less time for analysis and decision making. Because it is a computer program whose execution of commands takes a fraction of seconds.

Simultaneous trading on multiple instruments. Of course, you can open several monitors for each currency, analyze and trade, but still, you have to concentrate on one, and then still have time to open and close transactions. At the same time, even a free trading robot for forex does all this in parallel and instantly, without spending too much time.

Free time. The transition to automatic trading is an opportunity for the trader to stop sitting at the monitor and become freer. It only remains to periodically monitor the work of a profitable forex robot using mobile devices, spending only a minute of its time on it. This is especially pleasant, with sharp jumps on the market in the evening or early in the morning, when any normal person just needs to rest.

Joint trading. The currency robot in the forex market trades according to its predetermined algorithm and we do not interfere with it, but for example, we received a signal of market movement, and we know for sure that you can make a good profit on this. The robot allows the trader to conduct its own separate trade and does not mix trader orders and its own in one pile.

Cons from working with a robot


News background in the market.  Unfortunately, the robot on the stock market is not artificial intelligence, so that in addition to analysis, it also takes world news into account for possible changes in the market. The trader here is more perceptive and savvy, surpassing the best exchange robot. Therefore, manufacturers of robots periodically release updates to their products in order to take into account changes in the market due to the news background. But this, alas, happens after the fact.

Reverse market movement. Based on the algorithm and analysis, the forex fx robot opens new deals. But it so happens that the market goes the other way and there is no explanation why it does this. Perhaps some big account is closed and it affects the course, perhaps some news is not known yet to the world. If the trader responds immediately, the robot can continue to open trades against the market, unprofitable. To do this, of course, they use trading monitoring on the mobile application, so that at any time you can turn off the robot and analyze the situation or consult with traders.

Many different robots are beautiful in theory and not very practical. A trader can describe very well the algorithm that he would like to automate, but a programmer can understand everything in his own way and do as he sees. Therefore, you can buy a forex trading robot on the market or download a lot of free exchange trading robots with different work strategies, but as practice shows, they really give the unit results. And if you use a robot, it’s not a fact that its algorithm is really calculated to the smallest detail, as described in theory, because even a novice programmer could write it, not understanding anything in trading on the market, and it doesn’t matter whether the trading robot handles options binary or forex scalper robot.

Black box. To understand what the robot does on the stock exchange and how it reacts to the market, there is usually an instruction for the algorithm. Having studied it, there is an awareness of what exactly the robot is doing and what to expect from it. But it happens that the manufacturer hides this information, offering only promises of successful trading, and the price of such a trading forex trading robot can be very high. Although it should be said that free exchange robots do not always display this information. As a result, there is no understanding whether the robot is behaving correctly now or not. There is no understanding when it went against the market and you need to pause or turn it off. Therefore, before you buy a robot for trading on forex or download a stock robot for free, you need to make sure that it is fully open according to the algorithm for the trader and there is a description of the parameters, there are real reviews about the work of this stock trading robot.

Conclusions


As we can see, the robot is really a very powerful tool for trading automation. A well-written and transparent algorithm, correctly conveyed by a trader and correctly understood by a programmer, a serious claim to oust live traders from the market and move to automation on a global scale. However, you cannot put a robot in a bidding process, and go to rest yourself. Yes, a forex trading robot can facilitate routine work, but a trader must continue to analyze the market (albeit with less intensity), identifying its micro-changes and priorities. It is teamwork, a trader + a forex robot program that will give a guaranteed positive result. It is impossible to refute the fact that auto trading on the market by robots is a trend and here you can really increase your capital. The main thing is to understand that working with a robot requires your at least minimal training and growth in this direction.

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Комментарии (80)

  1. baKira 16 May 2022 08: 10

    Thank you, interesting, I don’t trade on Forex, my vision is that the robot’s algorithm is written so that it doesn’t trade negatively for the exchange itself), and the trader’s greed is better to fix a small profit with a ladder, because. the robot can go negative in an instant..

    A complaint
  2. Mihhha April 4 2022 16: 25

    Thanks for the article: I think that this is still a new direction, but it’s worth trying, but you need to understand that you should not trust the robot to start all the capital with the smallest amounts. Good luck to everyone !!!

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  3. UdayAS8 26 February 2022 18: 55


    Very interesting and thorough article 

    Thanks Richie


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  4. Andrii12 11 January 2022 10: 09

    Informative article. Thank you

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  5. Tatarin152152 10 October 2021 18: 51

    Thank you for the article. Interesting.

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  6. kiryamalik 28 August 2021 13: 14

    Thank you for the article
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  7. gilew455 5 June 2021 05: 32

    What is the best exchange to trade on?
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    1. keifor 12 June 2021 11: 23

      Everyone chooses the exchange himself, but a robot needs a time-tested and quality one. I have ForexFoY
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      1. UdayAS8 26 February 2022 18: 57

        i see from your comment that you are really into forex robots, Can you suggest to me where to look for more information and reviews about this buisness please?

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        1. keifor 28 February 2022 00: 07

          Regarding the forex robot, she needs to write this @mobilkasota

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          1. UdayAS8 28 February 2022 01: 23

            I'm afraid that no such account is on Telegram.

            who is this account for?

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      2. 4difeer666 27 February 2022 02: 28

        Now I use forex4you in the same way, but in general I have not seen many analogues

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        1. UdayAS8 27 February 2022 23: 06

          Thanks for the tip brother, i will do some research about it and ask you if i needed some insight if i may :)

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  8. keifor 4 June 2021 10: 54

    The bot's profit for yesterday, the handsome man sold 58uye, let's see what happens today, I'll share it by the evening ..

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    1. Anzhel 30 November 2021 22: 51

      Cool robot work result

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  9. Anzhel 31 March 2021 08: 19

    Thanks for the article, interesting comments from those who use
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  10. gilew455 31 January 2021 21: 12

    I wonder if you yourself have traded the robot have experience?
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    1. UdayAS8 April 4 2022 13: 20

      Now the blog is recommending Starbot maybe you should try it

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  11. Gulnara22101997 30 January 2021 08: 10

    Thank you for the article
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  12. delix 15 October 2020 23: 34

    Thank you for the article!
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  13. Robin2020 15 October 2020 16: 12

    Thank you for the article!
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  14. BandiCD 29 September 2020 09: 11

    An interesting article, it was useful to read)
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  15. NikitaPuchkin2000 19 June 2020 14: 29

    Thank you for the article. It was useful to read
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  16. gilew455 19 June 2020 13: 39

    Interesting article. But this is how much the robot will cost, useful for trading, and most importantly, not run into slag which then will not give any result and the money will be lost)
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    1. keifor 30 January 2021 09: 39

      At the moment, such software costs 30000 rubles, or at the exchange rate in ye. With technical support, updates, private chat, etc., as I wrote below ...
      Alas, Rich is not up to this topic yet, in view of other things, but I hope to return to this type of earnings
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  17. MrFox 4 June 2019 22: 57

    Something with the theme of robots was quiet, I thought there would be some kind of rational proposal.
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    1. 4difeer666 4 June 2019 23: 24

      It will develop, presumably from the end of summer, just now there is no special meaning, everyone is traveling, having a rest
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    2. keifor 19 June 2019 13: 12

      A rational proposal is to buy them to install and potestit on Minimal at the beginning of the month ...
      Three robots work for me in this way, and the last two 24 / 7 purchased with technical support and periodic updates, which can not but rejoice ... I successfully monitored at one time and found friends and friends with excellent programmers.
      The topic is definitely not for schoolchildren for the price ...
      And so, stably 2, already brings from 20 to 60%
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      1. fenix55 19 June 2019 13: 20

        if this is not secret information, I think many would be useful information from you, where, how and how you can earn on it
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        1. Nightmare 13 September 2019 15: 27

          Sure! I’ll say that I’ll never venture on highs for big, but the exchange is already different
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      2. 4difeer666 19 June 2019 15: 53

        It is good that it is not for schoolchildren, there will be normal amounts at least
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        1. matrix2000 13 September 2019 17: 32

          It will be interesting to return to the topic of robots
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          1. 4difeer666 30 November 2021 23: 42

            I agree, not a little half a year has passed, it is necessary to update the results

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          2. UdayAS8 April 4 2022 13: 22

            especially in this lull period of hyips

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  18. chiksan 17 May 2019 15: 29

    He began to actively engage in trade with the robot in April 2018. For the year with not much, I understood a lot, learned a lot, but the most important thing I could really earn. My maximum income was in February 2019 and it was 200,05%. I never operated with large sums, I had enough 100 $ to swing them up to 500 $, partially output them on a new one. In early April, I left 100 $ again, I took the rest. Now 385 $ already. I can say for myself personally, I am satisfied.
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    1. Marina 19 May 2019 17: 26

      Of course, if you have such a plus, then I think everyone will be pleased.
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      1. 4difeer666 19 May 2019 20: 18

        Normally, but for how much did the robot buy?
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        1. keifor 19 June 2019 13: 14

          Good robots and worth well ...
          My first one was for 5000, the second one was for 10, but the last monster was for 20, but now it seems like they have raised the price to 25
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          1. 4difeer666 27 February 2022 02: 29

            As a result, I gave 35 for it, I don’t regret a bit, I think I’ll quickly beat it off

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    2. matrix2000 4 June 2019 21: 53

      really cool
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  19. matrix2000 14 May 2019 23: 43

    If the admin does something like his robot in which we can invest it will be interesting) I think there will be risks of losing everything)
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    1. udimka 15 May 2019 19: 40

      I think this admin will not go
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    2. Marina 16 May 2019 15: 12

      Yes, even if the proven advised or told already it would be clear where to go.
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      1. 4difeer666 16 May 2019 16: 29

        I also think that Rich will not do it, but in general, some kind of cooperation could be made, there, some discount, etc.
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  20. Lavr 14 May 2019 21: 58

    The robot is good at volatility of the forex market without any political and financial news (very disturbing). In critical situations, you can just say goodbye to the deposit). Of course, it is necessary to use and learn to work with forex robots, you just need to use it at the right time and in the right place.
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    1. udimka 15 May 2019 19: 40

      After listening to you, you understand that everything is not so simple as it seems at first glance
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      1. Marina 16 May 2019 15: 12

        Of course there are nuances everywhere, you need to study this topic better.
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        1. 4difeer666 16 May 2019 16: 30

          Everywhere is not everything is simple, but if you want to earn something, then you study, yet we studied the topic of HYIPs
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    2. truck23 13 September 2019 14: 59

      If the robot is normal and configured correctly, then sharp jumps in the market and critical situations are just to its advantage - for example, yesterday the euro paired with a dollar jumped sharply, then sharply jumped points on 95-100 and then up again to close trades rushed, having played these very 95-100 points. So this brought me the top profit result in a few hours of one day, while the robot left 8% drawdown, reducing it to some 0.9% of everything)! It was really something !!!
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  21. 4difeer666 14 May 2019 16: 32

    Hmm, I saw how much they take for them at all, here only with a thousand-2 you should at least enter
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    1. matrix2000 14 May 2019 17: 16

      Come in to just buy?)))
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      1. 4difeer666 14 May 2019 19: 33

        Well, here you just need a large amount in order to have some kind of payback and even profit
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        1. udimka 15 May 2019 19: 39

          Profit there seems to be smaller than in HYIPs and losses also occur.
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          1. 4difeer666 16 May 2019 00: 16

            As far as I know, from a friend who is already 2 of the year in them. The minus was only in one week of 2 years, and something like 1-2 percent. That’s the main bot to buy
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            1. Marina 16 May 2019 15: 09

              Then fine, I think. I'll have to try.
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          2. 4difeer666 16 May 2019 16: 24

            I also think to try closer to NG. All the same it is easier and less risk, and with a normal deposit, the profit is about the same
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          3. truck23 13 September 2019 15: 03

            There may be more profit than in highs, there are significantly fewer risks, well, in terms of stability of the Forex exchange, it is incomparably better than highs.
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            1. 4difeer666 30 November 2021 23: 44

              Yes, this is not comparable, here you need to spend less time, in fact, you just need to watch from the outside and this does not require being at the workplace, you can track from your phone

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  22. Marina 14 May 2019 13: 36

    Thanks for this article. Already heard about these robots. But when you do not understand this at all, it becomes scary to begin. Although I would love to read and listen to your opinion on this matter. I will wait for more article on this topic.
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    1. keifor 14 May 2019 14: 05

      Anyone who is interested in this topic, I can tell you about the robots, where I bought checked, with service, with updates constant, how they work and how much they earn ... for I have been using separate passive earnings for almost two years to diversify a portfolio and distribute risks
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      1. Marina 14 May 2019 15: 32

        It would be nice to write about this to you, with the permission of Richie.
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      2. Alex2601 14 May 2019 17: 55

        I am also interested in this topic, how would I know more?
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        1. 4difeer666 14 May 2019 19: 36

          In fact, such an investment is almost risk free, well, at times less than HYIPs
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          1. Marina 14 May 2019 23: 41

            Expensive, but almost without risk, it’s interesting to learn more about what’s what.
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          2. udimka 15 May 2019 19: 38

            I think there still have their own nuances
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            1. 4difeer666 16 May 2019 00: 17

              Of course there is, it’s not just a pullet of money, it would be so easy, now all the billionaires would be)
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      3. udimka 15 May 2019 19: 37

        And how are you doing? Share it.
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    2. udimka 15 May 2019 19: 38

      And I heard there are drawdowns and also a minus. But I do not understand this.
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      1. 4difeer666 16 May 2019 16: 25

        The minuses are very rare, and still depends on the bot, there are bots for 3-5 k, and there are for 25. And it is clear that we need a dep at least 25 to quickly beat the bot
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  23. matrix2000 14 May 2019 13: 10

    Interesting article
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    1. keifor 14 May 2019 13: 59

      This topic was repeatedly discussed with Ritch, the current will not be solved for some reason, then do it on a blog in a separate way of earning
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      1. Marina 14 May 2019 15: 33

        Perhaps the time has come, once the conversation came.
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        1. 4difeer666 14 May 2019 16: 33

          Yes, they are expensive like. Not everyone can afford it
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          1. Alex2601 15 May 2019 18: 54

            They say Tipo for free, you can even download!
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            1. Marina 16 May 2019 15: 11

              Free ones are probably not very good, but you could even try and learn from them.
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          2. udimka 15 May 2019 19: 36

            I wonder how much they really earn on it.
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            1. 4difeer666 16 May 2019 00: 17

              Like about 25% per month. I know how some mortgages beat off their robots
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      2. matrix2000 14 May 2019 17: 16

        Perhaps she has not yet been examined as HYIPs)
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      3. udimka 15 May 2019 19: 35

        I was a little interested in this topic but something scary
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        1. 4difeer666 16 May 2019 00: 18

          Yes, if you find proven not so scary, especially if you have friends in this area
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