I am not an expert with trading still I like to ask, is there any chances for reviewing its performance in the past or is it possible to have them for free on trail accounts so that will be able to evaluate.
I like to suggest to have announcement for this
here.
You can view the performance of each bot strategy by viewing the live bot links on the pages, and you can also run backtests over certain time periods to see how the strategy would perform.
You have a lot of things in stock, too much for a brand new account i suppose, i am very new to bot trading and i wonder whether it is safe to trade with them without losing my funds and what is the assurance that you will not steal my funds since i am renting the robot from you? Is it legal to rent out your trading robot?
I created a new bitcointalk account with the same name as my cryptotrader account, I have another btctalk account with the name zzzman20.
The funds the bots trade with are in your account and only you have access to that, I do not have any access to your trading account. You create API keys with permission to make trades (not withdraw) then you give the tradebot those API keys and it places trades according to the strategy. As far as I know cryptotrader is perfectly legal, it's a well established site they have been running for 3-4 years now.
Basically, Bot is just a waste of time because it is just a second party apps, It is more safe to manually setting buy/sell order in the exchange site then just wait for the price to attain. As easy as that no bot required, I will not entrust my money on AI, It is better profit/loss with my own skills.
If you are a very skilled manual trader, then great, trade manually! But, bots are not a waste of time... in fact, they are huge time savers - you set the bot to run and go do other things instead of staring at charts! A well tested, proven effective bot strategy can monitor your account 24/7 and make many trades that a manual trader would miss due to sleep and life.
I've been using my own bots since the beginning of this year on several different trading accounts and have multiplied my starting capital by about 10x, I use professional trading software (Neuroshell Trader PowerUser) to do extensive walkforward testing and optimization of my strategies, so I know they are reliable and profitable long-term. There might be a month here and there that has a loss, but in general most months are very profitable.
