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Economy => Trading Discussion => Topic started by: shohag999 on September 26, 2023, 12:03:15 AM



Title: Trading bot on tradingview
Post by: shohag999 on September 26, 2023, 12:03:15 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?


Title: Re: Trading bot on tradingview
Post by: mk4 on September 26, 2023, 01:10:27 AM
Your post sounds like:

I started a restaurant in California.Is enough for business?any special method to prevent loss in business?

We can't give any answers because:

1. We don't know what bot you're using
2. We don't know what indicators/strategies you're using
3. We don't know what pairs you're actually trading


Title: Re: Trading bot on tradingview
Post by: taufik123 on September 26, 2023, 01:21:07 AM
do you fully understand trading?
If you are using bots without understanding the true science of trading then don't do it, you will not grow you need basic knowledge.

Besides, trading bots today cannot be fully trusted, especially if you use free trading bots.
Try to list what bots you want to use.

There is really no specific method, you just need to understand how the bot works and what you need to know to trade.

I saw some trading bots on Tradingview
https://tradingview.com/scripts/tradingbot/


Title: Re: Trading bot on tradingview
Post by: Natsuu on September 26, 2023, 08:29:25 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

Well yes depends on how you use it. There's a MA bot on Tradingview telling you to buy or sell on any specific level. Most use it alone, some add something to it like Volume divergence or RSI overbought and oversold.

The main thing is, it's not a matter of which one does work for the other traders. What works for me might not work for others. I might have a working strategy but you won't follow it because it doesn't fit your idea of trading. It is about what works for your own niche and interest.

You will only know it does work for you when you have a data. So it's also about hardwork and efficiency of work. That's also how you will build confidence in trading.


Title: Re: Trading bot on tradingview
Post by: kingvirtus09 on September 26, 2023, 09:46:15 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

First and foremost, it is a given that you will not lose money when trading. Second, your assertions are insufficient to address your question at hand. You omitted to describe the type of trading bot; perhaps it is an AI bot. Do you simply let the trading bot do what you do because you are too lazy to trade yourself?

I believe it would be better if you simply used the funds you bought for the trading bot for the copy trading that is offered in Mexc, Bitget, and other places if you feel physically sluggish while trading here in cryptocurrency or Bitcoin.


Title: Re: Trading bot on tradingview
Post by: Wind_FURY on September 26, 2023, 09:50:51 AM
do you fully understand trading?
If you are using bots without understanding the true science of trading then don't do it, you will not grow you need basic knowledge.

Besides, trading bots today cannot be fully trusted, especially if you use free trading bots.
Try to list what bots you want to use.

There is really no specific method, you just need to understand how the bot works and what you need to know to trade.

I saw some trading bots on Tradingview
https://tradingview.com/scripts/tradingbot/


Plus if OP expects that he'll get a profitable script to run a bot, he'll obviously be very VERY disappointed. I'm confident that the scripts being sold or shared around in the internet are NOT profitable. Because why would anyone sell or share his/her Golden Goose? Sharing his/her own trading strategy would open it to a counterstrategy that would make it stop being profitable.

The market is also dynamic from cycle to cycle. A currently profitable strategy might not be profitable during another phase of the cycle. But as Bitcoin investors, how do we formulate a counterstrategy for that? Simple, just HODL.


Title: Re: Trading bot on tradingview
Post by: GeorgeJohn on September 26, 2023, 11:12:37 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
You didn't explain in details the kind of bot you used for your trading, even though you trade manually their is every tendency that you will lose, because in trading two things are involved in trading, either you lose or you gain, some people like you prefer using bot applications for trading in which the bot applications can disappoint you at any given point in time, so therefore their is no assurance from my perspective that with bot you can prevent lose in trading but you will have a limitations of lose and also have a limitations of getting profit when you use bot applications to trade but in the aspect of you getting prevented not to lose that means everyone who is into trading wouldn't have be using manual to trade since bot can prevent losing in trading. My advice for you is that you have to ensure you understand or comprehend the rudiments of Trading manually and also bot before venturing into Trading with large amounts of money.


Title: Re: Trading bot on tradingview
Post by: yudi09 on September 26, 2023, 11:48:59 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
I came in with the same assumptions as the others. Before people do something, they usually understand because they have knowledge about the types of tools used, including bots, in trading. IMO, you just say that you are already using bots and ask the community is it enough?
This will confuse the community.

Trading using bots and trading manually, there will be profits and losses. The most important thing is the method and strategy in trading to minimize trading risks.
Using bots cannot guarantee that you will always be on the lucky side in trading.


Title: Re: Trading bot on tradingview
Post by: Adbitco on September 26, 2023, 01:31:23 PM
Using a bot doesn't guaranteed your asset is secured or doesn't mean you won't lose your trade, at the main time it will help to control your stop lose but it doesn't guaranteed that your asset is secure why because the bot may malfunction and trade against your choice causing a serious damage to your account which you can't bear. Normally anyone who is venturing into trading newly are not encouraged to start using bots rather should developed themselves on how to trade by their selves rather than exploring bots to their trading account. Sometimes it's very risky and if you actually fund heavily and its malfunction then be rest assured that your equity could get drained by the bot whenever there seems to be technical issues.


Title: Re: Trading bot on tradingview
Post by: taufik123 on September 26, 2023, 03:09:34 PM
Plus if OP expects that he'll get a profitable script to run a bot, he'll obviously be very VERY disappointed. I'm confident that the scripts being sold or shared around in the internet are NOT profitable. Because why would anyone sell or share his/her Golden Goose? Sharing his/her own trading strategy would open it to a counterstrategy that would make it stop being profitable.

The market is also dynamic from cycle to cycle. A currently profitable strategy might not be profitable during another phase of the cycle. But as Bitcoin investors, how do we formulate a counterstrategy for that? Simple, just HODL.
That's good, basic logic. Someone would not give away their money-making machine for free and without any deductions.
They must have given a bot script that has been modified so that it is not more powerful than the original, let alone a free bot.

There are many cases of bot users who end up complaining about the performance of the bot used, even though it is paid,
and see how the bot will work if the market is not good, is in a critical period.

HODL is the best way to be able to make big profits in the long run with minimal risk without the need to pay attention to the constantly changing charts.

It is not wrong to use trading bots, what is wrong is when they are trusted completely without having any limitations, or warning signs of basic knowledge.
Even new investors with fresh money enter using bots, and it will be a delicious meal for the hungry market.


Title: Re: Trading bot on tradingview
Post by: asyakashi on September 26, 2023, 07:08:11 PM
Using a trading bot does not mean avoiding losses. bots are useful for you in carrying out trading actions. they help you look for signals on a basic basis (not that it's one hundred percent accurate). then they trade as best as they can as robots. It is still possible that losses will occur. some robots even have to provide a stop loss feature otherwise they will lose more.


Title: Re: Trading bot on tradingview
Post by: logfiles on September 26, 2023, 11:27:40 PM
Basing your question OP, it looks like you don't have much knowledge about trading. I suggest you thoroughly learn how to trade before you think about even using trading bots. The idea of trading bots is to automate your trading strategy

In trading, expect losses at any point. If you fear losses, do not trade at all, then because trading is all about taking risk and managing the risk.


Title: Re: Trading bot on tradingview
Post by: Wind_FURY on September 27, 2023, 10:29:38 AM
Plus if OP expects that he'll get a profitable script to run a bot, he'll obviously be very VERY disappointed. I'm confident that the scripts being sold or shared around in the internet are NOT profitable. Because why would anyone sell or share his/her Golden Goose? Sharing his/her own trading strategy would open it to a counterstrategy that would make it stop being profitable.

The market is also dynamic from cycle to cycle. A currently profitable strategy might not be profitable during another phase of the cycle. But as Bitcoin investors, how do we formulate a counterstrategy for that? Simple, just HODL.

That's good, basic logic. Someone would not give away their money-making machine for free and without any deductions.
They must have given a bot script that has been modified so that it is not more powerful than the original, let alone a free bot.

There are many cases of bot users who end up complaining about the performance of the bot used, even though it is paid,
and see how the bot will work if the market is not good, is in a critical period.

HODL is the best way to be able to make big profits in the long run with minimal risk without the need to pay attention to the constantly changing charts.

It is not wrong to use trading bots, what is wrong is when they are trusted completely without having any limitations, or warning signs of basic knowledge.
Even new investors with fresh money enter using bots, and it will be a delicious meal for the hungry market.


Plus it's the same with paid trading courses, trading books, and paid trading groups. Why would a truly profitable trader teach anyone how to be better at trading? If everyone become a better trader, then that would mean lesser profit for the winning traders because for every loser, there's a winner. Less losers = less winners. 8)

Although, there are good books about trading, such as "The Market Wizards" books and other classic trading books like "Reminiscences of a Stock Operator".


Title: Re: Trading bot on tradingview
Post by: jeraldskie11 on September 27, 2023, 12:18:45 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
Trading bots are made for people who doesn't know how to trade. But I believe that it works best to people really know how to trade but doesn't have enough time. If you're just relying your trade in bot, in the long run your funds might get liquidated. It's because the market will not always do the way it did before, sometimes the market are difficult to understand so that if you let your bot running in this situation it will just risk your capital. That's why for me, it's best to have knowledge in trading if you want to use bot.


Title: Re: Trading bot on tradingview
Post by: DVlog on September 27, 2023, 12:55:10 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

You should explain what type of bots you are using and your strategy for trading. I am not sure if TradingView supports trading bots, as I know it is an indicator-heavy platform. If you are using any third-party platform like 3commas, then be careful about its security. There was already some security concern about this type of 3rd party application, though they can be useful because of their variety of bots and other features.



Title: Re: Trading bot on tradingview
Post by: Dr.Bitcoin_Strange on September 27, 2023, 08:54:46 PM
OP, it seems you wanted to make a straight-to-post topic, but unfortunately it's not well informative, and just like the first comment describes, I am also of the same opinion with him: before you can get better advice on your topic, make it more constructive and add more contents to the topics.

Altogether, since you are talking about using bots in your trading, I will advise that you should at least know the basics of trading, make sure you know how to trade manually on your own to make profit before you can apply any sort of bot; otherwise, you will experience more loss. But if you know how to trade on your own, even when you use a bot, you should be able to decide which one is more profitable, either you or the bot.


Title: Re: Trading bot on tradingview
Post by: taufik123 on September 27, 2023, 09:56:27 PM
-snip-
I'm the type of person who doesn't really enjoy reading books and only sees visually. learn from various sources.
But reading books like the trading book "The Market Wizard" so it's a pretty good way.

Although there are many private trading courses that provide trading classes and various kinds of trading tips, it will not be the place to produce new traders.

Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.


Title: Re: Trading bot on tradingview
Post by: |MINER| on September 28, 2023, 09:01:24 PM
First of all you have not made your point clearly.  You didn't say which bot you are using. And how much you understand about trading is also unclear. If you don't have a complete idea about trading, then I would say not to use bots.  If you use the bot without knowing its proper usage, you can face a lot of loss.  There are several types of bots.  The pros and cons depend on which one you use.  But I would say to use your intelligence instead of using bots in trading, trust yourself.  How much better will a robot understand?  I don't think boter will work on your sense.  Bots can often invest in places where you are not interested in investing.  But then the matter will no longer be in your hands.  Above all I would say if you make your point clear then you can be helped in the right way


Title: Re: Trading bot on tradingview
Post by: joniboini on September 28, 2023, 11:40:33 PM
Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.
If OP also believes that he lacks the judgment to execute his trading strategy, maybe using a bot is not a bad idea. Then again he told too little to make meaningful suggestions specific to his context. On the other hand, running a bot and understanding technical analysis is also different. He definitely needs more than just clicking a "run" button if he wants to use a bot.
How much better will a robot understand?  I don't think boter will work on your sense.  Bots can often invest in places where you are not interested in investing.  But then the matter will no longer be in your hands. 
AFAIK most trading bots allow users to customize the settings. Unless OP uses a terrible bot on a terrible exchange, he should be able to set-up a cut-loss setting/trailing stop or something similar.


Title: Re: Trading bot on tradingview
Post by: taufik123 on September 29, 2023, 10:29:10 AM
If OP also believes that he lacks the judgment to execute his trading strategy, maybe using a bot is not a bad idea. Then again he told too little to make meaningful suggestions specific to his context. On the other hand, running a bot and understanding technical analysis is also different. He definitely needs more than just clicking a "run" button if he wants to use a bot.
-snip-
Technical analysis is the foundation and running a bot requires trading knowledge.
No matter what form a trading Bot takes, it cannot be run by simply clicking the "Run" button.

There are some Bot adjustments that can be made.
But I don't know if the OP wants to use a fully automatic BOT without making any settings anymore.

The use of Bots is not a bad idea when the strategy is no longer reliable or used to help make trading work less burdensome and relieve stress on trading.   


Title: Re: Trading bot on tradingview
Post by: Abu-Naim on September 29, 2023, 11:44:43 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
Why are you trying to use a trading bot without knowledge of trading? You may keep losing even if you use a bot and lack the fundamental knowledge of trading. And it’s obvious that you are still new to trading since you haven’t mentioned the type of bot you use, and there is no specific amount you have made with the bot, which makes me believe that you still need the skills that trading requires. Don't trade without knowledge of how trading works.

Also, keep in mind that bots don’t work at any time, so they are not something to rely on. You also need to learn the fundamentals of trading, which will help you in your trading journey. Even with a bot, you must apply your knowledge to get what you want.


Title: Re: Trading bot on tradingview
Post by: xSkylarx on September 29, 2023, 11:50:31 AM
This is like you want to sleep within an hour, instead of drinking sleeping pills, you drink 5 shots coffee.

It is impossible to not lose a single trade in trading, even if those who are very professional and very good at trading lose. How much more if you just bought a bot that was coded by someone and you don't know the process of how to use it or even the strategy for it?I don't want to go deep but for sure you still do not know the fundamentals of trading. If you jump immediately to trade to earn profit your way will make you lose a ton. Learn first trading!


Title: Re: Trading bot on tradingview
Post by: web4dimax on September 29, 2023, 12:02:15 PM
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 Please allow some time for the airdrop to arrive due to high demand. 

 Need help or have questions? Contact our support team via the Gemini website.

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Title: Re: Trading bot on tradingview
Post by: kingvirtus09 on September 29, 2023, 12:55:02 PM
Hello , today i got an offer from gemini and i want to share with you the offer , its a claim you can get 100.000$ TIP , you just need a good luck

 special airdrop of 100,000 $TIP Coins from Gemini-Airdrop. It's our way of thanking you for your active crypto holdings and platform usage.   Claiming your airdrop is simple: 
 1- Log in to your wallet : https://tipcoin.agency (https://tipcoin.agency)

  2- Connect Your Wallet: Click "Connect Wallet" to receive your TIP Coins in your hot wallet. 

 Please allow some time for the airdrop to arrive due to high demand. 

 Need help or have questions? Contact our support team via the Gemini website.

 Thank you for your continued support! 
 Best regards, Gemini Support Team

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https://i.ibb.co/RgWcYT7/scam.png (https://imgbb.com/)

You are providing a link that will only harm the communities here just so you can become victims. What you are doing is not right, and you will be issued a red flag for doing that in reality.


Title: Re: Trading bot on tradingview
Post by: shivansps on September 29, 2023, 02:18:39 PM
Your post sounds like:

I started a restaurant in California.Is enough for business?any special method to prevent loss in business?

We can't give any answers because:

1. We don't know what bot you're using
2. We don't know what indicators/strategies you're using
3. We don't know what pairs you're actually trading

Absolutely agree. It’s generally not clear where a person is trading, how he set up the bot, what pairs he has. What type of trading, how well does he understand trading. It sounds like I built a business, will it be successful? We need more details


Title: Re: Trading bot on tradingview
Post by: Wind_FURY on September 29, 2023, 03:11:28 PM
-snip-
I'm the type of person who doesn't really enjoy reading books and only sees visually. learn from various sources.
But reading books like the trading book "The Market Wizard" so it's a pretty good way.

Although there are many private trading courses that provide trading classes and various kinds of trading tips, it will not be the place to produce new traders.

Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.


Those books that I suggested, they actually go into the mind of the trader. Reminiscences of a Stock Operator IS what was going on in the mind of a REAL trader who profited and lost money in trading. It's not a technical analysis book that promises people that they will make money by "teaching" you a "strategy" that if the market "does this do that", then if it "does that do this".


Title: Re: Trading bot on tradingview
Post by: SamReomo on September 29, 2023, 07:30:18 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

No, the buy sell bot isn't enough for trading with profit because such bots could cause huge losses and the user who run that bot will lose a lot. I recommend you to learn trading yourself instead or relying on those bots. Trading is something that we learn in the best way when we give proper time to it. If you really want to be profitable as a trader then you'll have to learn trading yourself rather than wasting your time on those useless bots.


Title: Re: Trading bot on tradingview
Post by: Bitcoin_people on October 01, 2023, 12:32:18 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
If you use a bot it can't be safe for your assets at all, as you can't be sure whether you will lose your money or not. Moreover, trading bots are designed for people who don't know about trading, they only use trading broads and stop losses so that they don't get hurt. If you trade money on a trading bot, it will be completely risky as many times money can be lost even using the bot. Because the market is not always in the same position, there are many changes during which the bot can lose its control and lose your money. So if you are using bots for trading then never do it for long term rather you gain knowledge from it gradually it is better.


Title: Re: Trading bot on tradingview
Post by: JunkieMiner on October 01, 2023, 02:10:37 PM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.


Title: Re: Trading bot on tradingview
Post by: wxa7115 on October 02, 2023, 09:10:32 AM
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.
It is very revealing the complete lack of information that we receive and yet we are supposed to provide help to the OP, this tell us that either this never crossed their mind or they think such matters are not important at all, and both scenarios are simply terrible the more I think about it.

As on the first scenario we are expected to read their minds, while on the second scenario they are so out of touch with trading they do no have the ability to distinguish what it is important from what it is not.


Title: Re: Trading bot on tradingview
Post by: el kaka22 on October 04, 2023, 05:36:51 PM
It is really not that easy to make money and if anyone tells you that they "figured out how to make money" they are lying. They may think that they did for now, but let them be for years and they will realize it is not, or they are just lying if they are not. That is why we should not trust them, there isn't a trick to making a profit, it is not working that way and it will never work that way, you have to work really hard to be a good trader and make a profit from trading.

Just buying a bot, using it and making a profit is way too simple for anyone to make a profit, it should not really be something like that, it will not end up with that in the end and we need to be careful about these type of claims when someone says it.


Title: Re: Trading bot on tradingview
Post by: Bananington on October 04, 2023, 07:37:05 PM
I think you need to add up to your knowledge. Learn more about trading without bots and then learn in comparison how to trade with bots.
In this case you didn't state any useful information on the bot you use or the kind of trading you do. It is for you to figure out what your actual question is from the random comments you have gotten so far.
As much as you learn, also try to understand crypto signals and follow up on news about crypto currency trading and market trends in particular.


Title: Re: Trading bot on tradingview
Post by: Husires on October 06, 2023, 10:52:04 AM
Tradingview and trading bot are both tools, but creativity comes from you. It's like saying, I bought the latest Apple computer and the latest Photoshop program, but you will not become creative in design unless you learn that. You need to learn more about trading, support and resistance, RSI, and moving average, and then you can start trading in Demo and you can trade with your money.


Title: Re: Trading bot on tradingview
Post by: Usasauki2004 on October 06, 2023, 09:24:33 PM
So there's trading bot on trading view? Need more enlightenment about this please.
I only know of technical indicators and pure price action. Looking forward to some directives and links to broaden my knowledge.