Resolved Question
Does the use of automation make trading more profitable? What I mean is, does it really work?
over 2 years ago
Best Answer - Chosen by Voters
Yes, they do. Even big hedge funds companies make use of automated trading systems. Thing is they also are backed up by an army of mathematicians and statisticians with PhD's.
So always be aware of websites that offer Expert Advisers and Trading Robots the claim extreme profitability. Check out the link I put below for some reviews regarding these types of systems.
over 2 years ago
Source(s):
Answers (3)
Yes, trading that uses automation really works but beware because there are lots of systems that are developed particularly to scam clients. So you must be very choosy to avoid getting scammed.
over 2 years ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
Of course, it really works! Automation could be very profitable but only for a short period of time. Always remember that the market does not move in the same pattern.
over 2 years ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
It is more advisable to enter trade with your own decisions. Robots are still robots, which have no minds of their own. Everything they know are all fixed and set up by humans.
over 2 years ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
Open Questions in Beginner
Resolved Questions in Beginner
- Should I go live? Please give me your advice on this.
- For a newbie, which currency pair do you think is the best to start with?
- Which do you think is better? Daytrading or Position Trading?
- For a newbie like me, is $1000 a good starting deposit in forex?
- I work full time and I'm wondering if signal providers really work. Has anybody had any experience with them?


* You must be logged in to add comments. Sign In or Join Askpips.com.