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 robots: cons and pros

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Jesse Ground



Posts: 1
Join date: 2010-04-29

PostSubject: robots: cons and pros   Thu Apr 29, 2010 2:34 pm

Has anyone tried using robots? Need your advice.




Does anyone know the robot from Rita
Lasker (robot4rfee.com)?
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Sauros



Posts: 490
Join date: 2009-05-14
Age: 37
Location: London

PostSubject: Re: robots: cons and pros   Fri Apr 30, 2010 12:22 am

Hi Jesse, first Welcome!
Second to answer your question, I've never tried to use a trading robot.
To be frank, I don't believe in the kind of money machine that are advertised or sold. The question to be raised is "if you have a robot able to make money on a regular basis, why would you give or sell it ?". One condition for it to keep working is precisely it needs to be kept secret.

Now regarding the existence of a holy grail, an algorithm that makes money, the question is more open while I know guys seeing at it for years unsucessfully, and I'm open to discuss it in a later discussion, it's getting late here. Now if you don't want to spend your time trading forex (it's really time consuming!!!), I would recommend you find a good forex trader to manage your money (sorry I don't take clients but trade for my own account), if you don't know where to look at, just let me know

Regarding robot4free, a new member here, Martin, posted about Rita Lasker's site. That's Martin's only post here and it really looks like a spam. http://forum.thelordoftrading.com/algo-trading-stat-arb-and-others-systematic-kinds-of-magics-f6/free-forex-robot-t753.htm

If it's a spam it's a scam (and we could assume that all the good reviews seen on the web are fake). So the best is to ask Martin.... Martin are you here ????
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Snapman



Posts: 624
Join date: 2009-06-25
Age: 24
Location: New York City

PostSubject: Re: robots: cons and pros   Thu Jun 03, 2010 7:08 pm

Jesse Ground wrote:
Has anyone tried using robots? Need your advice.




Does anyone know the robot from Rita
Lasker (robot4rfee.com)?


Jesse you talking about API trading if thats the case I know some traders who are involved with that if you are interested?
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robots: cons and pros

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