Forex robots
Robot or EA is an automatic trading program that allows to execute of trade without any human intervention. It is designed to remove the psychological element of trading. Traders struggle to trade due to their emotions. It is helpful to those kinds of traders. Always choose the platforms that support your EA. As for me, I am trading with Eurotrader MT4 platforms which support almost all EA in the market.
There are lot of currency pair in forex market. But I prefer to trade in major pair like EURUSD, GBPUSD, USDJPY. They are quite volatile than other currency pair. Moreover, my broker Tpglobalfx provides low and tight spread in major pair. I am scalper, So, I need low spread for my trading strategy. However, trader should trade in all pair. Mastering one or two pair is enough to become successful.
from my point of view, every trader should use expert advisors cause no one can stay in front of the laptop or mobile phone all the time even it's extremely tough to grab all country's economic conditions at the same time so which is why it is better is stick to a reliable EA like MultiCurrency EA or FxScalpingNL V2 EA since they always provide accurate direction as well as they are very affordable to purchase.
EUR/USD is more appropriate trading pair for all kinds of traders in particularly the newcomers due to its comfortable trading spreads. as a newcomer , besides this I like to trade all other major pairs in my demo for increasing my trading performance very rapidly.
In my 6 years trading experience I see, only manual trading is sustainable way of making regular money here! On the other hand, trading Robots, Signals are temporary! In my live trading, I don’t implement any trading style so directly, until I have as very good Experience in my demo! Besides, I get such a smooth trading experience from Eurotrader broker; they provide me quick withdrawal support!
Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love doing scalping should choose the broker that allows trading concept such as this. Due to small balance from my first day of trading I have been using scalping that brings profit in a short time. And I have chosen LQDFX in my trading career which permits scalping including lowest trading spreads at all times. So, I feel secure and comfortable when trading.
Forex robots are software that works automatically and it requires no human effort. These robots are developed based on a strategy. But I don’t prefer robot trading because it’s not a proper way of trading. Rather maximum robots start to fall after a few while of using it. Eurotrader allows robot trading with their nice and smooth trading platform.
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions. *
Position your trades at the right place with proper adjustment of lot size. Both of these practices alongside will carry better result for you. To develop traders, FXOpulence provides a free educational program. They offera reliable mt5 trading platform including 400 technical tools.
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