Forex Robots Make More Money!? We Compare Automated Trading and Manual Trading!

What makes more money, manual trading or automated trading? Okay, so which method is more profitable, manual or automated trading? Now look, this question comes up a lot, and I want to share my opinion on it, as I know that it is, indeed, a very hot topic. Firstly, let’s take a step back and analyze both methods from a top-down perspective. So by definition, Manual or discretionary trading means to place, manage, and close a trade with human intervention. Simply put, that means you’re sitting at your computer or on your mobile, opening and closing your trade by the click of a mouse. Everything from why, when, and how much you trade is solely down to your discretion. Now, it’s also important to note here that the rules you live by as a manual trader should be mechanical. Now, that’s not to confuse the definition, but what I mean by this is that you’re basing your trades on… back-tested strategies. That’s to say, you’re scanning and methodically executing your trades… just as you’ve tested in your back-testing. Else if you don’t well, then you don’t have a strategy. Now, on the other hand, you have the automated trading. Now, you may also hear this referred to as algo trading or trading… …with a robot. Now, in our world, this is done commonly with Metatrader4 or Metatrader5, and it’s known or often referred to as an Expert Advisor. So, an expert advisor is a program that allows you to execute your… …programming logic or your training strategy that trades for you. Now, what this means is that you’re trading with the help of a computer. Which makes the decisions on your behalf based on the programming logic that you’ve programmed in. Now, algorithm by definition means a process or set of rules to be followed in calculation or other programming solving operations, especially by a computer Think of this as, though, you’re telling the computer what you would do manually, but in code. But there lied the additional challenge-coding. Now, you can outsource for programmers to write up the logic for you, but there are risks for that. How do you really know its accuracy? How do you know it’s doing what you expect and that there aren’t any bugs? I mean, you can back test the logic to see the performance, but what if you’re looking for something to just flag signals that you then trade manually? How do you know if it’s doing what you think it should be, every single time when you have no back-tested data. Now, on the other hand, you can set yourself the challenge by learning how to program and write some code yourself. Although, I can tell you that is not a small feat by itself. Learning how to trade, folks, consistently profitable, is like learning a degree. Programming what you’ve learned manually to code is like learning two degrees. So, it goes without saying that, learning and then programming a strategy in the forex market is.. …definitely a lot longer path, if you’re doing this with no prior knowledge. But the question you really want to know, is which method is more profitable? Well, certainly there are advantages and disadvantages to both methods. But I think it’s pretty accurate to say that the hardest challenge that many manual traders… find when starting off, is the psychology behind it all. You know, it’s the inability to keep rational, and calm in losing periods, as well as the profitable periods. The traders are often unable to follow simple set of rules. Which ultimately, leads to the destruction of many trading accounts. Now, in this case, automation may be the preferred option. But then again, think about this, if you are unable to follow your own rules using manual trading, is it going to be any different when trading with a robot? Are you going to start doubting the robot when it starts losing money? Are you going to tweak it because you go into drawdown. Now, the other thing you need to think about is this, market conditions are constantly shifting. Change in world events are often unpredictable. And a robot simply isn’t able to react as well as a human can in these circumstances. Also consider this, trading manually can be time consuming. Not only in your back testing, but also in live trading and many traders when they start off their trading journey, still have day jobs. So are unable to spend countless hours at the screens, and remember learning to trade and trading does indeed, require… …screen time. Look, the short answer is this, there’s no real difference to your bottom line, with your trading automated or with your training manual. But it’s more in how you execute your trading plan and the logic behind your trading plan. Think of this, if your trading plan or strategy is flawed in the first place, then it really doesn’t matter if you’re trading manually or… …with the use of a robot. And if your training logic or strategy is based on martingale or good system, then again, when you trade this manually or… …algorithmically, then you’re poised to blow up the trading account. And as for purchasing an expert advisor or robot, well, I can talk about that until I’m blew in the face on the topic. But in short, all I ask you to think about is this… Why is the user selling their expert advisor for a few hundred dollars if it can supposedly make money from the market? Now, in this day and age a lot of retail traders, and I think it will continue going this way into the future, are trading using a hybrid of both routes. For example, you might have an expert advisor which again is on metatrader4 scanning for a specific price action setup. Which then notifies you when one is found. You can then place and manage the trade manually from there on in. Now plenty of traders use automation in this regard to be more efficient. And it also it lowers the chances of missing trades,as well. Which can be very detrimental, considering, it may be that one trade that you miss that turned out to be the huge winner. Now, this is something that our team are working on constantly behind the scenes. Now as traders, we’re constantly researching the markets; looking for recurring inefficiencies in price to exploit for our long term goals. It’s what gives us an edge over the rest within the industry. And in doing so, we found ways to lower human error and improve ad… …trading efficiency. We do this by developing specific expert advisors that scan the markets, finding trade, foster trade manually. It’s a critical part of our processes in some of the strategies that we deploy. To give you specific examples, we currently have two major expert advisors. They’re for breakout and… …reversal patterns. Also, about two at least a third expert advisor that look for long-term trend setups. And we’ve coined this “trend surfing”, trend surfing expert advisor. And the back testing on this so far, is looking very promising, indeed, with some… …fantastic results Look, I hope you enjoyed the video. I hope you found it useful! Give me a thumbs up if you, did give me a thumbs down if you didn’t’. Leave a comment as well, below. If you haven’t… …already subscribed to the channel make sure you do so and follow me on Instagram, as well. Either way, I look forward to talking to you in the next video, so good luck with your trading!

100 thoughts on “Forex Robots Make More Money!? We Compare Automated Trading and Manual Trading!

  1. I do have a custom supply demand scanner, it scans for zones and sends alerts once a zone get’s tapped. I still put the trade manually But Because it searches the zones for me it saves me tons of time. I accept 2 people owning it to make my own SD group. When interested you can contact me on the email adress [email protected] Or even SupplydemandFX on Instagram

  2. If you can code, or the system that coded into EA is profitable strategy and good money management. It will give you very good result. And I just find free ea that really profitable. Check this link.

  3. Absolutly no bug automated trading approach built on good strategy works excellent. And far better than manual human trading.

  4. very true manual trading is still the best a trading robot can,t catch up to economic factors such as economic divergence a human can analyse the market fundamentals and ride the big pip moves,a robot does not care about fundamentals,it only trades based on tech analyses

  5. No reason to regret Hurley Jordan handling my trade activities with a total of 210 wins and 3 losses, through the help of his profitable forex trading system

  6. 1:07 That is the part that confuse me, if you trade mechanically bugs are the only reason not to use a bot ? If the market conditions change is an argument for not using a bot why continue to trade mechanically when market conditions changes.

  7. Lооkіng fоr а sоlutіon tо еаrn thrоugh Fоreх. Gооglе and Ѕearсh *Forex Profiter V3.1*.

  8. Anybody want services regarding forex trading my accuracy is more than 80% anybody can see my trade history just message me

  9. If it's someone you can trust, it's Mr Jacob Lowery. He has been consistent in winning my trades

  10. Where are results of comparison? You just gave some generics pro and cons of both approaches, no specifics. Useless click bait!

  11. No matter how far the development of Ai will go in this sphere. Humans will always need to tweak it as you highlighted world events shape of what thinks to come and Bots cannot comprehend that only price to what extent is the question? Nobody knows not in our lifetime unless it can tweak itself thats another 100 years. After all you cannot beat your master in the sense we are the Ai creator

  12. Exchange Traded Volume tells you nothing. Being more liquid than any other asset as the volume decreases in Bitcoin terms it will continue to decrease as it is stuck in some kind of permanent backward movement relative to fiat (Bitcoin today is worth more than Bitcoin tomorrow but its predicated on a skyrocketing base). The bid for fiat is being withdrawn at the rate that knowledge of what is actually happening spreads.

  13. A great article to read for all the desirous investors out there!

  14. Hello sir I won't chat with you my whatsapp number is 7509270584 please sir call me and sand massage


  16. "no real difference" It took you a whole 5 minutes to give an answer after lots of blah blah blah…

  17. Can anyone show me the correct path for autobot trading i’m totally sick and tired for searching trustable bots. I recently used binbot pro but i lost all my capital 😞 please help

  18. It's very important to backtest the logic for it's performance when you are using Automatic Forex Trading Systems. It will help you know if the auto trading system is working fine or not. Thanks for sharing your views on Advantages as well as disadvantages of both manual and automated Trading. Here are some fundamental principles of Forex Auto Trading that traders should follow –

  19. It's all nonsense, a private trader CANNOT profit from Forex trading, not manually, not algorithmically. The only way to make money from Forex is by TEACHING it.

  20. A forex robot also called an Expert Advisor is a piece of software with inbuilt programmed rules that automatically make trade entry and exit decisions on MetaTrader 4 platform for Forex trading.Trade12 is a renowned broker for EA trading because they allow traders with smart bridge technology, narrow trading spread and all advanced technologies.

  21. Do you know you can earn nothing less than 200%ptofit weekly via forex trade? No experience is needed contact me for more info: [email protected] Com
    Instagram:richard.branson01 your testimony is my joy

  22. Is there a way to automate trading signals? Meaning how can I get a bot to autotrade for me based on a 3rd party forex signals I give it.

  23. Trading Bots are for Suckers…If you are Serious about Trading… Join a Group of Serious Minded Individuals…Check it Out @t

  24. Trading Bots are for Suckers…If you are Serious about Trading… Join a Group of Serious Minded Individuals…Check it Out

  25. Finance as the best exchange for trading. Here

  26. Hey ForexTradingTV what platform do you recommend for auto trading? Ideally an example that can be used in the Uk. Thanks

  27. This is a great video about this topic, and I am using it in my own Blog

  28. sir,
     how are you ?

    i  am  sunshine from  Bituniverse. 

    i have  followed  your youtube  channel  .and i become  your fans as soon as i  wath your vedios .

    now i am writing to you for cooperation.  
    sir , would you pls reply me on telegram?

    Bituniverse is a grid trading bot ,helping traders make better strategy to earn more . "it is a fantastic,amazing bot ",the users say .
    i bet you will be interested in the bot by yourself .

    pls contact me for cooperation.

    many many thanks
    i am looking forward to your reply .

    my telegram: @sunshinefuture
    email: [email protected]

    sunshine  from bituniverse

  29. There's a robot online now that is over 90% accurate. Sounds crazy but its there. im not advertising so not saying which, im just saying there is such robots, and some you have to watch, let it rip like a manual trader, then halt. there ar ethose that make a steady 5% and you dont need to wathc them. either way, something for everyone, and hybrids appear to be profitable.

  30. If you wanna start making money without to do anything then send a mail to real.kranzo (at)

    The only thing i did is to connect my forex account to theirs Auto trading system, so the could trade automaticly.

    OOP: Dont send any Mail if you dont have money to invest.

  31. We have been testing a new robot trader. Results are good. Email me at [email protected] . I can intro you to the product. You wont have heard of this robot before.. custom built for us

  32. 20$ per day with Forex trading without losing

  33. The Dv SpI strategy can help you make good profit i make $13,000 in weeks with the DV SPI strategy and when you Use both an SMA and shorter term EMA. When the EMA crosses above
    the SMA (on any time frame) then BUY. Make sure there is a lot of volume at the start of this crossover. When the EMA crosses below the SMA, sell. For example, on the daily chart, use a 50SMA and a 15 EMA. Go forth and also the DV SPI strategy can authomatically trade for itself and i can show you how, if only you can contact via my email at [email protected]

  34. Any one here who can help me as I have already in loss………please…….

  35. I have a very profitable forex robot if anyone is interested in it message me. it can trade all lot sizes

  36. I subscribed to your channel Please also subscribe to my channel

  37. what about the tar robot from eco forex? I get daily updates that It keeps making profit everyday and that it give u 40 to 60 % profit a month. anybody know about this robot?? please share information

  38. A true AI robot trader would not need any preset parameters.

    You just tell it to maximize returns and it will figure out by itself any patterns, then execute.

    Over time, it will learn what works and what doesn't and gets better and better.

    So, the user won't even know how it arrives at trading decisions.

    He just knows that it works.

    That's the robot I want but unfortunately it doesn't exist…..or maybe it does but whoever developed it sure ain't gonna share at any price!

  39. Wow thank you so much, your video is very informative. I had all this questions about auto-trading and experts advisers, and they are all answered in one video, how exciting.

  40. Great video. What are the facts you need to know before starting automated day trading?

  41. Best Forex Robot 2019

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  42. The truth is that as humans our emotions tend to take over when we trade, a robot is not emotional and can manipulate the market just as fast as it spins…

  43. What is the difference between copy trading and expert advisor? Are they same ?

  44. Please has anyone here ever used Elite Fx EA Trader? I would like to know your experience. Thanks for the video boss, great job always

  45. i found it, they allow to copy for free

  46. For me, Manual trading is best. So far this year 255 trades – 252 wins and 3 losses and 9% to 12% growth per month

    So far my extremely simple strategy is working. Oh and I actively trade about 5 minutes a day

  47. What is it that your in the stick for what I mean is what is it that you sell I'm tierd

  48. Good video but Mr Allen Brookes has a more preferable strategy to make huge profits on your behalf.

  49. I really don't know why you even mentioned the word Auto trading.
    You do realise that such a so called method of a robot does not exist!!
    If it did,you we would not know about such a method,this strategy would be hid away in a vault and security would be tight.
    Now imagine if they were such a device,do you really know how much it would cost to buy a system as powerful as this;I don't.
    If it ever did only the {elite} would have access,there again would you give it {or} keep it quiet
    So guys and gals {BEWARE} It takes a lot of hours,weeks and years to learn,and the $250.00 which you would open your Auto trading account with say bye-bye to because you are not going to see a dime of your investment back
    They don't exist {period}

  50. I have scanned and my comments regarding any one who has achieved any profit from this method,and not one person and I seriously mean thousands of people out there have not come forward
    The guy doing this video talks sense to a degree "Who would give you this method"????
    Once more he is correct in advising,it takes a great deal of work, I mean could you imagine any one sitting at a computer pressing a button and profiting huge amounts of money, sorry any one thinking along this line of thought {cloud 9}
    The industries would crumble, oh sure plenty of manual work available, but were are the people to do the work,{you guessed it},sitting at home of course tapping their buttons and getting rich.
    Please do not waste your time with all the video's out there,the reason their getting rich,your giving them the money {sunk in yet} Just keep the job you have,and any potential benefits such as promotion go for it,and hope you succeed up the ladder of success Alex!!!!!!

  51. you look like a con-artist. Makes more money by not listening to you.

  52. hi just want to ask, have you heard about and the system they offering? if so, can you advise if their system really works? Thanks

  53. I trade the lazy but smart way. I found the best trader ever and i just stick to his instructions. I have been trading with arthur for 13 months, it has been very profitable that i now trade full time. you can trade with him and be successful. authurclinton1 @ gmail. Let him know i referred you. good Luck

  54. The idea that you would have to shut it off when there is any major CB announcement seems silly. Youre back to acting manually.

  55. I like this guy i got to know his through sports betting …I failed in sports betting now I'm trying out forex then I came across his trading channel😂😂😂

  56. Guys, I have used this EA which I got 99% profitable trades, They have 1-week free trial, use it, it’s really amazing. get a free trial from THE FOREX MASTER (

  57. One of the more significant advantages of Algo trading over humans is the fact that many calculations can be performed over many currency pairs (for the purpose of a strategy). These calculations can be typically performed in milliseconds within price movements, and trades can be based off this within the same time. It is pretty much impossible for the human to do this within price movements. What the algo does in milliseconds takes the human months to years. Algorithmic trading takes trading to a whole new dimension

  58. hello sir, from Philippines here. could you do a video on automated trading how does this work? thanks

  59. More profitable: Automated Or Manual trading?
    Answer: Making YouTube videos

  60. 1. Finding the strategy: Best by Human (Creativity)
    2. Executing the strategy: Best by Robot (Algorithmic)

  61. Bots maybe used to overcome some issues that a specific trader has. Some traders may have fear in closing positions others in opening. A total automated bot may be very useful and dangerous at the same time, it mostly depends from the logic behind it and the way it has been developed

  62. Guys for forex i use this software and itis working so far

  63. ok you should answer the question not bullshit around it for the whole video

  64. I have a great auto trader software that will make around 120% profit a year. Message me on fb (Alan Copel Bruder). I have time to do Skype calls or whatever you need to feel comfortable to invest, cheers guys and let’s make money!

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