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Thread: What do you think of this trading robot?

  1. #1

    What do you think of this trading robot?

    We have launched Safe Clever Trading, which is an automated trading robot assisted by a former institutional trader. As trading professionals, we operate with a bot to carry out operations on the gold price, while ensuring the management of hardware and trades with our partner broker Vantage.
    Safe Version : https://www.safe-clever-trading.com/en/myfxbook.php
    Aggressive version : https://www.safe-clever-trading.com/en/myfxbook-v2.php
    Last edited by Safe Clever Trading; 08-20-2023 at 11:00 AM.

  2. #2
    Senior Member FXOpentrading's Avatar
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    So far I like manual trading rather than using automatic trading, because eaier to manage the risk, already tries many robots but the trading performance is make disappointed, all margin call account, so now only focus manual trading, this way make easier to manage the risk
    I trade at FXOpen

  3. #3
    Senior Member FXOpentrading's Avatar
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    When traders decide to use robot trading, it is good to backtest robot and watch the trading performance, robot that has high drawdown above 20 still includes high risk, in addition when a backtest robot is still very new less than a week, it is not yet proven robot can work well in long term trading performance, however if you a good traders find profitable strategy you can create robot based on this strategy, but maybe not all traders have capability to create robot since this is need knowledge about coding.
    I trade at FXOpen

  4. #4
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    Trading robots are not all time successful in bringing profit for you rather trade with proper time management. Time management is very important in Forex and those who can make the best use of it can reap gain on the market. I am satisfied with FXOpulence broker because they provide me the best trading interface and other facilities in moderation.

  5. #5
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    Robot trading is risky because it relies on algorithms that may not adapt well to sudden market changes or unforeseen events. It can also lead to large losses if the strategy is flawed, and over-reliance on automation can reduce a trader's ability to react to market shifts. Many brokers restrict EA trading but LQDFX allows me to apply all types of trading styles including EA trading.

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