Antonio_84
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Hi guys! Just noticed that some traders use trading bot, have anybody dealed with this thing?
Yeah. Got burned a few times (hopefully on a demo account). Bots will never work better than a human mind and if you were to compare bots vs human traders, then bots would be equivalent to no better than average traders. I'm pretty sure others will also mention that bots are okay for time being, but give it time and they'll make you more losses than profits.
I hate trade bots. There aren't any good trading robots that can generate regular income for you from forex market. Only some can help you in some for short terms.
Yes you are right that whenever we are using the Trading robots then at that time there is no guarantee that we would be able to get income from such trades as the losses can happen to us at any time
There aren't any guarantees about any trading system of setup as well but while trading manually we can decide about any particular setup whether we take it or not. But a bot will surely trade any trade that is according to it programmed setup.