Why Are Forex Robots Not Always Advisable For Inexperienced Traders?

Wednesday, March 2, 2011

Many people within the forex trading industry will avoid using forex robots altogether, whilst others will be more than willing to invest in any expert advisor that appears to be profitable. So are forex robots worth using or are they a waste of time and money, and should you have some experience of forex trading before you start using them? Well these are difficult questions to answer because my opinion of them changes all the time, but I would say that you should only start using them if you have some experience of forex trading already. This is because you need to know all about forex trading and how the markets move in order to weigh up how well a robot actually works in reality. Plus if you see how the robot actually trades and what kind of trading conditions need to...

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