Quote:
Originally Posted by kodek
that thing is called Expert Advisor .. the robot will trade just like we do our technical analysis .. the pro is .. the robot only open and close the trade when all the rules are followed .. on the other hand, we human always follow our heart to open and close trade, the greedy feeling .. u know .. ehhe ..
but robots don't take into account fundamental analysis; news etc. but nowadays, there are robots that will follow news, we just need to set up at what time the news is.
well, i know lot of people that make decent of money trading using robot. they have very good robots but unfortunately, they don't want to share them. Either you buy the robots from them, or you give your money to them to trade.
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Thanks a lot for the information, I did some checking and now I feel like having one of those in the future as it's getting smarter every now and then. However I think this may be bad as what if most traders started using it, I think it might cause some problem in the markets.
