Success Story and Benefits of Trading with Forex Robot
Since MetaTrader 4 platform was released, automated trading with Forex Robot becomes very popular. The Robots, also called EA (Expert Advisor), make trading easier since the traders don't have to sit in front of the computer 24/7 to monitor the market fluctuations. There are many people who have incorporate robots in EA trading and see better results compared to manual trading. In this article, you will find out about the benefits of EA and also one of the success stories of trading with robot forex.
EA is basically a software that is implanted to the trading platform. It is capable to make automatic trading decisions without having to wait for the traders. This software gives more freedom and flexibility for traders to keep making profit even though they are not physically monitoring the market.
Traders can input their preferred strategies and rules to the EA. When the signal or certain market trigger appears, the software is able to take action without human intervention. There are plenty of things an Expert Advisor can do. Besides starting and exiting trades, it is also able to copy trades from one platform to another and also manage open positions.
One of the forex traders that have successfully made money by utilizing Forex robot is Sabil. Sabil is not a new player in the forex trading world. He has been in the business for over 5 years, and as an experience trader, he has seen every single thing the forex market has to offer. Sabil is not an unfamiliar name in various popular forex trading forums. Furthermore, he also has several blogs where he shares his reviews of forex trading platforms and systems. Sabil also offers free trading course to share his more than a decade experience in this business to beginner traders.
Just like every successful trader out there, Sabil also traded manually at first. By performing manual trading, he grasped all the basics, strategies and important information regarding forex trading. Due to his years of experience doing manual forex trading, Sabil knows how the forex market really works. It gives him capability to create bulletproof strategies, which has given him plenty of profit.
Even though manual trading is always the best way to learn how forex trading works, it is not a secret that this system is highly complicated. Traders have no choice but to stay in front of their computer 24/7. Since it is practically impossible feat, many traders miss the perfect timing to make decisions. In result, it is very difficult to maximize their profit.
Sabil felt the same way too and it led him to venture to the world of automated trading. He was not only trading with Forex robot, but he also made his own EA. After years of experiment with his EA, Sabil and his business partner finally managed to create a lucrative EA, which brought him not only millions of profits, but also convenience. With only $50 deposit, Sabil managed to grow his balance to $400,000 very rapidly. With the same software, Sabil business partner grew his money from only $50 to $100,000. The best news is, such a huge profit came with only 1% to 10,000% withdrawn. After live tested his Expert Advisor, Sabil launched it to the public and the Forex Robot also has helped many traders, particularly the beginners, see a profit after dozens of failures.
Forex Robot has plenty of benefits which allow many traders to gain profit easier. The first benefit is the ability to trade 24/7 without a stop. The only thing the trader has to do is simply inputting the strategies they want. Traders also have the options to choose when they want to start and exit the trading. After that, the robot will do the rest. This is especially beneficial for traders who have other jobs outside of forex trading.
Moreover, EA is more effective because it doesn't involve emotions. Many traders face failure because they act emotionally. They made wrong decisions when they are afraid, or even too excited. Since robot eliminates that factor from trading, traders will be able to make more objective decision without being swayed by market fluctuations. In addition, EA also will minimize the risk of loss due to human error. Sometimes traders make wrong calculation, which is normal, but can be fatal when it is applied in volatile forex trading
Contrary to popular belief, traders will not suddenly gain profit by using EA. Opulence will highly depend on the performance of the robot software itself. To choose a profitable EA, there are several things traders must pay attention to. Firstly, check the stats from independent sites like mql5 instead of from the company's website. Secondly, it is important to examine whether the EA can perform well in the market you are interested in. This is because there is no robot forex which is able to run perfectly in all types of market.
There are many successful traders that become a living proof of the benefits and effectiveness of Forex robot in gaining more profit. However, it is undeniable that subjectivity and the level of someone's knowledge are still essential parts of forex trading. So, to ensure a more successful trading with EA, traders are advised to learn the basics of forex trading first, instead of totally rely to the power of the robots.
My name is Sabil, I am a programmer, web designer, digital marketing, and forex trader.
I'm more than 5 years of experience in the foreign exchange market. I spend all my time to make the best automated strategy and Expert Adviser.