Has Anybody Used or Using a Auto Trader Bot to Trade in Forex? Day Trading Only.

Hi All,

I am trading in Forex market but apparently the amount of time it take to do and complete a research to perform any trade is quite huge especially when i am doing it part time, just wanted to know if any of you use Autotrader to trade please share your experience & there cost associated with it.

Thanks.

Comments

  • sounds like the same thing for automatic crypto trading platform from those ads

    put money in , and it buys whatever 'pro' buys

  • +1

    Yes I have a system that guarantees me $100s of profit per day. It's called getting a job and going to work!!!

    Seriously, if there was a bot/autotrader that gave consistent profits the financial system would break so it's not possible. You might fluke a short term win before losing it all but in the long run how on earth do you think you'll outperform hedge funds with hundreds of quants on their payroll?

  • +3

    These things do not exist. There is no such thing as a auto trading robot that generates money for you. You should stop researching this topic.

  • how about forex education? I just joined a Forex academy with live mentors. Found it more useful than bots/online free courses/my finance uni qualification. Let me know if you're interested and i'll send you a DM

  • son works in the forex industry or as he calls it the gambling industry

  • I don't think they are the mythical gold at the end of the rainbow .
    Institutions use them ( to some scale ) to put in all the latest news and economical factors and he/she that does it best gets the privilege to fleece retail investors the most .

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