Bitcoin Forum

Hi,

I was thinking so long time ago about to start a trading bot, but did not have the knowledge about the settings.

But in November I find a solution and started a test and the results are fine. I have make € 62,75 profit till now (7% ROI).

Proof: https://imgur.com/a/1hBkI26

I will update my results next months and hope it will work fine like last months.

How can this be proved? Anyone can make such a picture?
Also, a 7% profit each month is not considered anything due to the receptive nature of the market, but a 7% guarantee may be difficult, correct?
what is your "solution"? Are you planning to show us it or do you want to sell it? How your trading bot works, what is the difference between it and other bots?

Hi,

I did not make a picture themself. It is very good to be sceptical. I do not told that i make this each month. It was only ma first month and I will post my results each months, because I thought long time about to start a bot.  No one can give you a guarantee of results.

Nice mate. Update us. Which bot are you using? 7% in a month is not bad. Bots don't guarantee 100% income though as losses are also possible. It all depends on your settings strategy. Maybe you can share us some of your trades on your next update. I am thinking about trading again soon, maybe next year when I smell the market is looking bullish.

7% monthly is a fair profit for a trading bot. I guess coding and setting the bot yourself help make things more profitable.
You made about $6 today or in one day already? Interesting. Good job by the way.
Your image currency symbol is in Dollar while your post symbol is in Euro. You should correct that.

^ That is not bad if you get profited 7% ROI of your capital. Can you tell us here which automated trading bot you use? I stopped trading about a year ago. I have an account on Gunbot but it doesn't give a fixed profit on it. Maybe I mistakenly set the bot into a wrong point.
7% is not bad and I think that is a good start of having a trading tool when we are in trading. Update us and we know what is trading bot is that.

One of the things i would like to say about that symbol matter. $6 for todays profit isnt bad. I have the same questions above, if these bot would be intended to be sell out later on?
Thread should be updated on next results and also theres no guarantee on making the same profits on next month. Market is way too unpredictable, you profit now and might be on loss further on.

It's not because of the bot. It's just that it follows the algorithm you have set or follow and the wind goes to the way you want. As you said, you did some tests.

7% profit a month is really achievable. It's a good start but it doesn't mean it will be always like that. Bots are not meant to predict things. We all know that crypto is volatile so good luck dealing with that.

Anyways, I hope you will have a good run and as much as possible, stick with your purpose of only posting your results here, no selling nor advertisement in this section.

Is that a BTC pair? Or altcoins?

Fortunately your strategy applied to that bot hit the right timing. It's effective.

Good luck with you on next following months. I hope that your profit recently will increase or maintain as you progress.

I am sure that there is no automated trading bot that can generate consistent profits, unless the person can use the bot properly, Bots are repetitive command programs, that means trading bots cannot adjust the market situation automatically, a bot is only suitable for use in certain market conditions.

I'm planning to create a new thread for my results using Gunbot (https://gunbot.ph). Just like my previous thread in local board (https://bitcointalk.org/index.php?topic=5116614.msg50012517#msg50012517), I have included a couple of stuff that people may copy once they have acquired the same bot. Maybe people will be interested and possibly create their strategy with Gunbot. I will just update you guys with regard to the thread being created.

November was a nice month for doing scalping with good bots. the price is not too agile and more like sideway and the bots could take a little profits each trade. But you should be careful when the market is on bad times when almost all altcoins down, your bots will do cutlosses often and it will not make a good result.

The image you give does not prove anything, how can I know that you have a 7% interest per month ?
What makes you certain that the 7% profit will continue to appear in the coming months ?
In case you actually achieved 7% interest per month, I think it was just a lucky coincidence. 7% monthly profit is a very large number, if anyone can create such a trading bot, they will surely become a millionaire.

A bot is just a program that repeats a given command, most important decisions need people to handle themselves. I do not believe that having an automated trading bot can achieve 7% monthly returns for consecutive months. You may have been lucky in the first month, but if you continue to depend on the bot you will definitely make a loss.

Sounds like a great idea! Really looking forward to it.

As for OP, 7% MONTHLY is ridiculously good if considered a long-term average. You guys are smart, take $10 000 starting capital and do the math. I really wish for any of us to make even half of it;)

Please let us know what type of solution have you found. Curious if it is commercial setup or you hired a 5er and materialized ur inner genius.

Waiting for updates.

Yup. Canned transactions are best left to bots but leaving the core of trading to it is basically a stupid idea.

Having a monotonous non - learning mechanism handle your funds is basically a suicide. If you were willing to update it every now and then, it could be a great bot but in the end, it would defeat the purpose of using bots.

If someone, however, were able to develop a self - learning AI that could be implemented to a bot, now that would be a worthwhile investment. Unfortunately, AI's are still quite far from us or from being developed.

Either bots or human, there is no one who can make a consistent profit with industry like this which contains a high volatility rate, not unless you are nostradamus. Actually bots are not really uses articial intelligence but only the protocol that set up by the user/trader, it does not really necessary mean a sure profit or even a consistent profit.
 
Absolutely, bots are still on early stages now but is useful especially when you are AFK from trading so that you can still manage to trade and possibly earn. I'm not a full time trader and don't use any bots it is just a matter of time management actually and not really greedy towards the market.

Maybe you are lucky with a 7% ROI in a month. The results will be different again when the market is bad because the market does not always run like a month ago. Even professional bot owners do not use one algorithm but use various algorithms and adapt to market conditions every day.

That's why they need to change the settings if there's certain sudden movements happen at the moment and if they rely on their old setting then provably they will lose since the bot cannot catch the new movements and will result to negative.

This!
The problem is that many of us confuse 2 different entities: bot and algorithm.
In the majority of cases the bot and the algoritm are 1 entity, because algorithm is something set in stone (fixed parameters, set of indicators, patterns etc..) and hard-coded in bot trading process.

In order to be profitable for users in the long run using 3d-party bot, you have to be aware at least of how the algortihm is managed (how often it's optimized by devs/traders).

But if "devs/traders" have a profitable algorithm, why will they make it public?
Thus, the only solution is to develop "self-learning" algorithm/module and give it to users, so they can optimize whenever they want and, thus, make it custom.


We've developed this kind of Neural Network module for ourselves and now decided to run an experiment and make it public.
The idea is that each user can create its own neural network-based algorithm and (what's more important!!) start a re-learning process when equity curve starts to show negative results. Thus, a user himself can "optimize" his custom algorithm in due time.

Hi guys,

I´m a bit confused about some comments, which wrote, how I can say that I will have consist 7% each months. I never wrote that. I wrote only in this thread, how my first month was and that I will update it monthly.

That´s all, which I wrote :-)

I´m using a plaid membership with personal investment support.

As follows you can find settings of one bot with Ø 1,5 - 2,5 % ROI. https://pastebin.com/MsAgWC3H

At the moment this are my profits. https://imgur.com/a/oSnyXKc

I have increased more bots and different strategies.

Like already mentioned i´m testing this and I do not know what will come next months. I hope it well working well but we will see in the future.

Did you do any backtests before you started the bot?

7% ROI per month are very nice returns. I hope for your that you will be profitable in the long run.

First of all why are you posting your results here? Is it just because you have an inner desire to share them with the community or you want to attract people to purchase/invest in your system? 7% profit/month is a good passive return, but if your the track record is only for 1 month and you don't have hard proof for it - I'm pretty sure nobody with actual "money" would even look a second time at your post. That image can be faked by the most mediocre graphic designers or programmers so you've gotta provide something much better than that.

Is this a ref link? If yes, you will be penalized from DT members here, which was strictly prohibited on the forum rule.

7% profit as your ROI per month is good and probably people were attracted to what you have been stated here. How much will cost the paid membership you've said?

I hope you might as well get your Gunbot with regards to possibilities it could give you with automatic trading. I'm just fixing everything that I have for the run. I need to ready the balance as well in the account. I'm planning to use Bitmex as the exchange to be tested on. I think it would be fair to see the daily trades that it would have, and soon enough, it will show the results in a month, depending on the market and how Gunbot would play on the situation.

Short update after ~50 days : https://imgur.com/a/6TRdC73

Still in profit but made hughe losses because of testing an Bybit leverage Bot approx. 65 Dollar loss.

I have optimized it and lets see what`s happend next time.
 

I have also made 2 smart trades with good results (5% Profit) within 5-6 days.

https://imgur.com/a/tLl9P10