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Title: Bots whales have killed day Trading Post by: Polo7 on October 17, 2020, 04:42:06 PM Bots whales have killed day trading.
How we buy Low and sell high if the Exchangers taking all our profits? I have to buy more higher price then its current price!! Day trading is Dead! Title: Re: Bots whales have killed day Trading Post by: so98nn on October 17, 2020, 05:09:57 PM I don’t think it works that way boy! How many bots you think playing around the crypto space? You really think that they are able to create the buzz in whole crypto market alone?
May be not, or may be its not the way this math works. Moreover, bots also work on the same strategy as you would do in real. So if they can find the sweet spot to trade then you should be able to do the same! I mean why break the fun over a bot. Title: Re: Bots whales have killed day Trading Post by: Polo7 on October 17, 2020, 05:27:00 PM I don’t think it works that way boy! How many bots you think playing around the crypto space? You really think that they are able to create the buzz in whole crypto market alone? May be not, or may be its not the way this math works. Moreover, bots also work on the same strategy as you would do in real. So if they can find the sweet spot to trade then you should be able to do the same! I mean why break the fun over a bot. The bots do this, When the support is near they take it Up Again When resistance is near they make Price Go Down Again. Its all good problem is, When I Buy the position then I pay for higher Price then actual price but the difference is so big that its eating my profit. The leverage Trading is worst If there is high risk at least the leverage should be fair but its Not fair When I take position the profit is Still small. Plus we have to pay fee for trading leverage! And bots watching the prices they Don't let price to fall they been programed to Buy every time When price goes low Those bots: Like One wallet its a bot wallet like its Not trading like humans... Its buying Up all the btc every time When btc falling its does not let it fall fully.... The bots are Not problem but Exchangers with their high fees and unfair rules are ripping off us also. Its casino the Exchangers are like Controlled slot machines! But Why? Don't they have all ready a lot money Why they Can't make us the traders to earn fair ways? Title: Re: Bots whales have killed day Trading Post by: Tytanowy Janusz on October 18, 2020, 07:53:34 AM No bots = no liquidity. With bots or without ... you will not be able to buy exactly at the sweet spot. Either bots push price (with bots scenario) or there is no one to sell and 10 % slippage (without bot scenario). Without bots you will not even have the same price across exchanges. You would have to constantly deposit/withdraw to avoid 10% spread. Learn to use advanced orders (like stop-limit orders, OCO orders) and you be fine or spend 2 days in python and automize your strategy ... but you have to have one and based on this:
Like One wallet its a bot wallet like its Not trading like humans... Its buying Up all the btc every time When btc falling its does not let it fall fully.... The bots are Not problem but Exchangers with their high fees and unfair rules are ripping off us also. Its casino the Exchangers are like Controlled slot machines! But Why? Don't they have all ready a lot money Why they Can't make us the traders to earn fair ways? I doubt you will even have a working one. |