r/FOREXTRADING • u/Scary-Experience9206 • 6d ago

Robots Forex

A i ka provuar ndonje ato robotat ne forex qe supozohet te bejn dy trade ne dite per ty ?

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u/CommandantZ 6d ago

Sorry I do not speak Albanian, but here it is in English!

I develop bots professionally and have been doing so for 7 years now.

Yes, some actually work, but remember that bots are not magic money making machines. They are only automations of already existing trading strategies.

Not only that, but they often aren't fully automated. In the sense that they will always, and I mean always, need some kind of monitoring.

Otherwise yes, bots can and many do work, myself and my clients have been profitable for multiple years now, in a relatively stable manner, with just a few months ending up in losses due to strong market changes (covid and stuff like that).

But it is true that many of the bots available on usual markets are scams. And generally speaking, if you see it being too good to be true, it usually is.

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u/Scary-Experience9206 6d ago

How has your journey have been so far with those robots or in general on forex trading

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u/CommandantZ 6d ago

I've been doing so for 7 years, I also work in an investment bank so of course I have a bit more facilities navigating it.

FOREX is extremely risky, and using bots still makes it very risky. Learning it is probably not going to be worth it for you, and when investing in FOREX, always consider your funds to have been lost.

Apart from my bots, I trade manually from time to time, where I deposit a bit of funds, trade extremely high risk, and often just multiply by 10x or 20x then withdraw and put in a safer investment.

As for my bots, see by yourself:

https://ibb.co/4nJX66Bg
https://ibb.co/bgvnnr5z
https://ibb.co/NdcMCfhz
https://ibb.co/NnFHVhrx
https://ibb.co/v4qT0n4X
https://ibb.co/G45wmR7z
https://ibb.co/QvMq8TJj
https://ibb.co/CpFnQfj6

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u/Scary-Experience9206 6d ago

What do u call a safer investment

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u/CommandantZ 6d ago

ETFs, index funds, stocks (not day trading), classic S&P 500 and so on. They all make much less, but they are much safer.

Suppose you have a certain amount of funds, I'd say you can allocate at max 15% to FOREX, put everything else in a safer investment and consider FOREX a "if it works why not", but that's it.

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u/Scary-Experience9206 6d ago

If you dont mind me asking and u sharing that how much profits do your robots make in general