How bad is free forex robot?

[nehmer]

There are a lot of robots that is released everyday or every month and we do not know which of this robots are doing fine. Some of them are taking some fees on traders. Some of them also are not. Do you think that free robots still gives a good performance compared to the premium robots that you need to pay per month?

[rookie001]

That can't be labeled with a percentage or ratio ... I don't think you know a lot about robots because as a strategy is apt to bring different results when traded same goes for a robot ... and you should know that. Don't all robots use the same set of tools, criteria or strategy to trade ... hence the difference.

[nehmer]

My experience in robots are bad they do not move when there is a good opportunity to earn according to the news event. They only move if there is something that triggers waiting for a certain point for the price to get at least the more movement on the trend they execute not unless that is designed for a scalper.

[senger]

Robot that were not manufactured by you on the Alastnratejah that rely on it, then you must know that a failed robot and you can not achieve wealth

[stefanie]

My experience in robots are bad they do not move when there is a good opportunity to earn according to the news event. They only move if there is something that triggers waiting for a certain point for the price to get at least the more movement on the trend they execute not unless that is designed for a scalper.

Same with me, my experience in robot is not good and I didn't quite like to use robot forex. Besides, I am newbie in forex so I need more knowledges and experiences to know and practices more about forex market so it's not good idea to use EA because it won't give me any experiences and knowledges how to trade well in forex market.

[andry777]

Same with me, my experience in robot is not good and I didn't quite like to use robot forex. Besides, I am newbie in forex so I need more knowledges and experiences to know and practices more about forex market so it's not good idea to use EA because it won't give me any experiences and knowledges how to trade well in forex market.

I have a little bit different experience about forex robot with you. It is okay to use forex robot as long as you knew how it works and the right time to run that robot. I've tried some robot forex and I found that there is robot forex which is good enough for me to run. I didn't run it all the time but I only ran it in certain time and so far, it's effective enough although I got small profits from it because I setted to use small lot size only.

[stefanie]

I have a little bit different experience about forex robot with you. It is okay to use forex robot as long as you knew how it works and the right time to run that robot. I've tried some robot forex and I found that there is robot forex which is good enough for me to run. I didn't run it all the time but I only ran it in certain time and so far, it's effective enough although I got small profits from it because I setted to use small lot size only.

That is good if you can run robot forex well, you must be good enough in experiences and knowledges because as I know, it is not easy to run EA and it can be profitable enough for beginner. It is possible to give profits but it's hard to give consistent profits.

[nehmer]

That is good if you can run robot forex well, you must be good enough in experiences and knowledges because as I know, it is not easy to run EA and it can be profitable enough for beginner. It is possible to give profits but it's hard to give consistent profits.

you do not need experience in running the robot you just need to deploy it directly so that you would get something from the robot it will run by itself you just need to open it 24/5 when the market is running so that there will be no problem on your part on the market.

[purabi]

If you are paying for some Forex robots , absolutely it will give you more good results compared to free one - in simple term we can understand that but i feel that we have to see the Robot makers also that who is designing those and what's their past records in the field of Forex .Everything can be tested when we can go for a comparison test as without some practical experience,its impossible to tell which robots are working best.

[omostar]

I have a little bit different experience about forex robot with you. It is okay to use forex robot as long as you knew how it works and the right time to run that robot. I've tried some robot forex and I found that there is robot forex which is good enough for me to run. I didn't run it all the time but I only ran it in certain time and so far, it's effective enough although I got small profits from it because I setted to use small lot size only.

That is interesting to know that you are having positive results with using robot. But i want to ask is the robot a free one a paid one. this is because i have been looking for a free one that i can test out on my demo and actually see how it works. And if i can see a good one, then i may use it for some demo contests that allow the use of ea.

[nahiyar]

Either it is o n cost, or free of charge, I never believe on any robot.The reason is that these robots are created by the same traders like us.If those traders are too much assured of their robots, so why do they not use those robots for themselves for earning thousands of Dollars??

[purabi]

I have a little bit different experience about forex robot with you. It is okay to use forex robot as long as you knew how it works and the right time to run that robot. I've tried some robot forex and I found that there is robot forex which is good enough for me to run. I didn't run it all the time but I only ran it in certain time and so far, it's effective enough although I got small profits from it because I setted to use small lot size only.

That is a very good thing and nice thing to know also that someone between us used and tried the Forex robot .Actually me also thinks that Forex Robots may be effective in some extent ,though the success percentage may differ.

If the Forex Robots would have totally flopped ,then there should be no such high price sale tag with those.

[omostar]

Either it is o n cost, or free of charge, I never believe on any robot.The reason is that these robots are created by the same traders like us.If those traders are too much assured of their robots, so why do they not use those robots for themselves for earning thousands of Dollars??

That is true. However i know of some forums where people come together to share their trading strategies and some offer to code those strategies into ea that all the members will have access to free of charge. Again those who sell are just being safe. They may probably be making money with using the robot to trade and at the same time making money from selling it.

[chuna1985]

There are a lot of robots that is released everyday or every month and we do not know which of this robots are doing fine. Some of them are taking some fees on traders. Some of them also are not. Do you think that free robots still gives a good performance compared to the premium robots that you need to pay per month?

A good friend of mine that has dealt with many forex trading advisors in forex trading tells me that free robots are dangerous to use since they do not have all that it takes to trade well for us. The expensive ones work better in forex trading.

[noor]

I am a newbie in Forex. My experience in robots are bad they do not move when there is a good opportunity to earn according to the news event. They only move if there is something that triggers waiting for a certain point for the price to get at least the more movement on the trend they execute not unless that is designed for a scalper.

[ahsan]

Actually i think robot is not good for forex trading. Whatever it is free or paid. Because robot has no ability to take trading decision base on market condition. A robot only take a trade basis on some exact formula which are not perfect in all market condition.

[cash2cash87]

Not all free forex robots are bad and if you try to compare the paid and the free robots, they are almost the same. Robots are very problematic and the success rate associated with them is very low and even if they start out well, consistency is an issue with them. The end result is huge account losses. Why not trade without them in the first place.

[jumpingkid77]

Not all free robots are bad if you ask me. i have tried the popular Fapturbo and tell you what, I got amazing results but that was for a while. The fact that a robot is free does not actually make it bad. A trader just need to find that profitable one out there.

[dollarscout313]

True because some of these robots that are free also make money. I once used a free robot that performed well for sometime. A closer look will also show that though there are many free robots out there, the profitable ones are hard to come by as the majority that are available do not work.

[flybiz08]

Robots are one part of automated forex trading that is hectic. A trader can be sure that most of the robots that are sold out there are problematic and do not offer the results or their backtest. I won't wast my money on them.