Bitcoin Forum

hi,
i am looking for a trading bot that not just allows me to select betwee a few diferent indicators to trade
but also to show me what had been the result if i had used it in the past,

any recommendation?

thanks

have you used the C.A.T bot before? I don't know if these have the features you are looking for but C.A.T is the only trading bot I know about.
their forum thread is:
https://bitcointalk.org/index.php?topic=507103.0

Don't use bots. They are ultimately inferior to humans and can't predict market trends. It's risky.

I cant think of any bots that is being used on trading in either crpyto or in forex/stocks since i do it manually and you are right if were to choose among two i would rather to trade manually because there are really some things that bot cant do and also trading bots do really need to be set manually and if you dont have too much trading experience that will be still useless.

Every trader will find a time to realize and agree with you only after they face huge losses due to trading with bots. They misunderstand about bots and looking for those to make huge profits in quick time, but in real we just face reciprocal of these.

A great bot will be much better than a human. No emotion to go with. On the other hand emotion is what a lot of people use when trading so you'll be a little behind the 8-ball in that sense.

I see someone has already suggested it but I have seen the C.A.T. program for sale on bitcointalk. I can't vouch for it because I've never used it but it's a bot nonetheless.

Seems traders are becoming too lazy to have their own analysis for their trading. I'm not seeing it as a good move toward a healthy trading environment. I have almost tried around 10 different trading bots but none of them giving satisfactory result in long term consistency basis.

Don't use any bot to trade and don't trust any demo they offer you. The demo is different from real trading. In demo the bot always make profit, it just loses few trades, but it's very different from reality. Who uses bots still watch their progress and are always ready to stop the bot, because it makes too many mistakes, you can lose much money with bot.
I was very happy once testing a bot demo, but when I looked reviews I saw they don't use the real charts, graphics in demo mode.

I never trust any, bot, why? because I have hands, mind for trading, and I always try it myself, you can find many bots for trading, but my suggestion is to do it yourself

Like other said it is not a good idea to use bot since many people are experience of fraud or scam better to use the features of every trading site where you are trading you can set your own. but if you are looking for a bot that for buying i think you can ask for yobit.. because you can seen autobuy in some altcoin that honestly i do not know if they are using bot or they are asking for yobit to set buying but hoesntly you can seen the altcoin they are just buying for 1000 sat that impossible to buy that is why i am thinking if you can request in yobit.. but if you are looking for other bot with your own ways and set much better to use the features and set your own like i mention.

You can argue that for anything in general, not just trading. Truth is there aren't ANY great bots. A bot has to be made by a human in such a way that it learns by itself, in order to surpass them. A perfect example would be AlphaGo, a combination of machine learning + extensive training. Trading is much more complex than Go though. No person or group of people would ever go through the trouble of creating such thing just to sell it on the internet (let alone for only 0.5BTC on bitcointalk, lol)

 That's a quite unique functionality U r looking for.... I don't know even if there any bot with it on market.

From my point of view, I would suggest this https://bitcointalk.org/index.php?topic=1715214.0 one.
It is making profit under any market circumstances, even on pairs which is not suggested by the dev.
https://i.imgsafe.org/137739facf.jpg
small profit is because my low operational btc amount that time (0.03 btc)

Dunno if there a still try/buy period affordable, but it is worth to look into for sure.

Yes, the trade would have been better if done alone without bots. Because we will be able to learn and understand about the trade well. Maybe if you want to become a professional trader would be better to not use bots. But I think bot is very helpful for people who are not able to monitor the price because it was too busy, so it requires bots so as not to be a loss. I prefer to not use a bot because I want to learn the trade in order to become a professional trader.

Just a personal suggestion : Scan each and every bot you get from people because there are bots that just sit in your pc and give your information to the attacker.

Yes i agree with you, bots trading are be made by the peoples with their method of trading, the problem is not all of bots are suitable for every traders.
It is mean we try one by one all of the bots in trading, and we can guess losing money in trading just for testing the bots, it is waste the and time.
More wise we make strategy or ways of trading that give us profit consistently than taking risk in trading using bots trading.

Not sure if there any any bots available for trading and analysis but I think a human brain and eyes can analyse things much better and quicker than the bots. I would personally never use a bot to trade because it cannot make intelligent decisions and trading cannot be done by robots.

thanks for the replies,
i tried gekko some time ago but it crashes,

after searching a bit i am trying tradewave and leonArdo now,

regards

Anyone one looking to make good money with btc should invest with this http://telegram.me/Everpayingbot  it's very legit and it's got reputation, I've even receiving payment from them since last year http://telegram.me/Everpayingbot

This isn't a trading bot. This is an HYIP bot and all HYIP has one goal: run away with money from investors. There was a bot some months ago called larawith.me. That was the same as this one you promote here.
Stay away from this kind of investments.

I am also interested in trading bot but I would love to try it on test basis before purchasing or subscribing. Can anyone suggest me any bot where there is free trial to test it with lower amounts? I don’t want to waste money without checking it or using it practically, I know some users who have wasted their amounts by purchasing bots and trusting screenshots.

Yeah that's true,  I also lost money on Lara,  since then,  I've decided not to ever invest anything more than 0.5 btc on this hyip bots, since December last year Ives been investing with them, theyve Been paying, I invest nothing more than 0.5 btc, if I loose 0.5 btc with the bot, I've gained far far more than that.

He https://bitcointalk.org/index.php?topic=1715214.0 was running X-mas try&buy campaign. Dunno if it is still lasts.

You know that you lost money with lara and you invest in the next HYIP site 0.5BTC? You know every HYIP ends in a scam and you invest nevertheless? Do you have enough money to risk in every scam site 0.5BTC. Can't understand your strategy because you know you will loose money again and again and again.

If you search in Google, you may find many trading bots. But unfortunately none of them will be giving you profits in any type of trading. Yes, that is what my experience by using trading bots for my bitcoin trading.
I guess here many people are suggesting to use trading bots, but I'm not sure how they are managing it for profit making. In my experience, manual trading is better and profitable.

Oh my, people are still trusting and using bots for trading? It was in my first years of trading when I thought that bots can do work I can't myself. That the the technology of bots are smarter than me because I was kind of lazy. But I learned the best trading option is to think with your own head. I had a lot of losses with bots trading on my Poloniex account. I even do not reccomend to use bots when you are lending your stuff. Do not trust and use any bots, use your own head because you achieve better results!

There are a few free bitcoin trading bots or strategies. However, I think you need to consider to build your own bot since there is no bot that will work forever. You will need to adjust it and make it better and better all the time. Bitcoin trading bots and bitcoin trading software is presented at http://cryptocointrade.com/bitcoin-trading-software/

For example, choose Cryptotrader and then strategies on the right menu. You can find some free code there. Also, Metatrader is always free to program and run bots on. See also Cryptrader for a free account. With the free account at Cryptrader you can:

You can place and save 6 charts on your dashboard at a time.

You are limited to 20 trades per month.

You do not get early access to new features and tools.

Hi sir! I Will suggest that don't use bots for trading use your own skill and luck. If you trade manually your skill will develop same as your knowledge about trading. It will help you to get more profit. But if you will use bots you will just select where you will buy and sell. But if you trade manually you can think more before trading the only bad side of manual trading is if you miss the right time to sell and buy. I hope I convince you to manually trade sir :)

Bots are created to reduce the work load of human by human based upon his requirements. So at any instance it thinks and function based upon its developed purpose. When it comes to bitcoin trading, more things need to be concerned. One of the major factor is price prediction. Price variation cannot be predicted easily by human, so making a bot do it and get you profit is possible but the investment for developing will be huge.

This is false. Bots do trades and are able to generate big profits for big firms, but most bots out there that you can buy for a few tens or hundreds of dollars cannot outsmart a human with the right experience and knowledge.

There are a lot of people who're interested in trading but have no idea how to start. Some believe they can make money fast with a bot but that's not true. You have to choose the coins to trade manually so you have to check the market before, that's the biggest problem for most people. The bot only helps to trade without losing time because he can do this 24/7.

  Thanks Tifossi for this nice explanation. So when we download not we need to choose right coin for trading and set up the bot to trade with coin we choose.
   How much is the recommended amount of bitcoins for this trading not? And which coin would you recommend to trade with? I'm new in trading and this not sounds like perfect thing for some passive income. Thanks in advance for answers, I appreciate any suggestions.

I don't have the time for checking the market for trading every day unfortunately. I use the poloniex lending section. And yes I use a bot for it. I give 0.2BTC for lending there and earn 0.02% a day at the moment. It isn't much money but it's a bit safer than trading.

Remeber what this man said, don't use bots if you want to be trader. Read many books, start trading by virtual money like wallstreethas and once you think that after many tries you get profit, than start trading with real money. Bots are acting by what they see with statistics and in trading, statistics doean't mean everything, you need human knowledge here which bot don't has.

Bots would only be good if you know on how to set the best settings in able to gain profits but most people here are right that bot cant really surpass human no matter what and i agree on what you have said better to use demo accounts on the learning process since you could able to learn trading without risking money incase you lose.

That is the biggest problem, some see trading as a way to earn money without doing any effort when in fact this is not the case, to become a successful trader you need to invest a lot of time studying the markets to generate any kind of profit.

The Bot will only work if the trader who sets it up, does it the right way. And surely who has the right technique does not show it to anyone. I think the best way is still the manual.

Exactly, what I am saying for those doing it manually, its not a guarantee of winning every time and for someone who is using Bot or want to use bot already knows its neither a guarantee as well and I believe knows the outcome of the decision he wants to take. He only asks for which bot to use not advise whether to use bot or not?

As for me, when I get to buy and wait to sell I do it manually so as to have the feeling that I am responsible for either my upliftment or downfall.

Im very very new with trading. And I try it first manually so this gives me a feeling for trading. I lost some money and I won some money. Maybe the same can happen with a bot.
Try manually trading before buying a bot.