Trading bot vs. you -> who's better?

[Ararbermas]

Even bots is more faster than human and can do what  task to execute in trading, probably it's still not worth it as it's working only base on their program . Unlike you that you're able to change plans in order to gain profits. Indeed market is volatile and you need to change strategies to succeed and to prevent losses . So if you use bots you will miss some of the opportunities to earn masive profits in trading wherien there's a chance as well you will end up small profits or losing money afterwards.

[Anamika1000]

I wanna tell you one thing that bot can tell you about the coins predictions sometimes or even we can say they are wrong many times because I had experienced it and another thing I will tell you that analyzing the coins by yourself and learning the trading by yourself is even a good approach as compared to bot.

[LUCKMCFLY]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

I think that bots have many programmed routines based on technical analysis, although technical analysis often fails, I don't know how efficient it is to be used for scalping, but I understand that many whales tend to acquire bots with artificial intelligence, and that type of trading is high-frequency trading, and my interest since I saw a documentary that high-frequency trading was sometimes used in the stock market I have not managed to get a specialized book only for that type of trading, of course when the human being tries to compete with this type of bot has no chance, the speed of these bots are impressive, this type of bots are capable of jumping all the stops losses of many people, and then raise the price to take profits, the movements are almost imperceptible, but when we see the chart, a candle similar to a needle or pin is usually formed, no human being has such speed, these operations occur and n less than 1 second.

[dunfida]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Bots are created by human which simply means that humans are much more better and also bots are for automation only with the trades you do intend to be automated.

No one can beat out human intelligence and thats a fact but due to our creations it is making our lives way more better and convenient.

To think that we arent always on the time on facing our computer which means we do need to use up some bots for some automation.

[TelolettOm]

Both trading bots and also human trading will also require some errors.
It has its own positive and negative sides.
however, so far, I prefer to use my own thoughts and activity on trading.
However, sometimes, utilizing a trading bot that is trusted and reputable can also help.
So, although we use trading bot, it also still needs our attention in order to manage our money and also trading activities. But it can help us probably moreover when we are asleep.

[Xampeuu]

Both trading bots and also human trading will also require some errors.
It has its own positive and negative sides.
however, so far, I prefer to use my own thoughts and activity on trading.
However, sometimes, utilizing a trading bot that is trusted and reputable can also help.
So, although we use trading bot, it also still needs our attention in order to manage our money and also trading activities. But it can help us probably moreover when we are asleep.

manual trading using one's own mind will indeed be better, where we can control our emotions and all analysis which not only affects profit seeking, but this will also affect our attitude in real life. On the other hand, trading bots also have advantages, but we must be careful in choosing the recommended bots that we will use, because of course all of them claim to be the best.

[BlackFor3st]

I'm not really sure about it, bots can easily figure out some technical analysis in an instant that I can't do but there are some times about decision making that only I can decide. Actually both trading both and I are the same, I set up the details to him and he executes it in other words the input to the bot is what's on my mind so I think we're both the same.

[Wulan_maniez]

Using bots in trading can indeed help streamline the time in  analyzing a coin and  can make a  profit without having
to bother and look at the chart for hours to predict where  price movements. But the use of bots in the long term will
not actually provide a good solution if you want to  become an  expert  trader. Traders  should be able to understand
and master many coins, as well as understand the market situation. So in any situation will a trader always be ready.

[Rrita]

You can use cleo one, they have a nice backtesting tool. You just create your strategy by typing without knowing to code. They have lots of indicators and huge historical data, candlestick patterns, % volume and price changes, availability of trailing stoploss/take profit, easy to use, you can create your strategies in low time frames as well, useful statistics.

Sorry, Don't get you. Tried to search at google writing "Cleo" but there is no trading bot website available. It would be nice if you share the full link here. I like to use a trading bot, So why showing interest here. Hope you will provide the website address here. Thanks in advance.

[Lanatsa]

I'm not really sure about it, bots can easily figure out some technical analysis in an instant that I can't do but there are some times about decision making that only I can decide. Actually both trading both and I are the same, I set up the details to him and he executes it in other words the input to the bot is what's on my mind so I think we're both the same.

There are things which bot cant do which is on that emotional aspect where you can change out decisions basing up on market condition which bots cant able to determine such thing which is understandable.

You do set up the bot and they'll do the work on what you had instructed or mandated but due to some factors like emotional then this is something that cant be controlled.

Bots are better in terms of executions of commands but it would always vary on the user itself about how its been set up and the effectiveness would really vary.

[Johnyz]

I work with a broker from Amarkets, and I liked to use manual trading for work much more. As for me, this option is now much more profitable.

Is there any broker for crypto trading? I thought this manual trading are more hassle since you need to call your broker every time you want to buy while online trading are more convenient now.

Anyway, bot trading is still controlled by the user so for me you are still better with BOT the only difference is the time that you have in the market, bots can work 24/7 while you are not so many are using BOT for this reason.

[Alisha-k]

In my early days of trading I tried using bot I made consecutive profits and I decided to rely solely on bots and didn't bother developing myself anymore not until the day I lost my entire trading fund that was when I knew even bots make mistakes. If you must trade with bot it's still adviced you learn the mechanics yourself so you can also analyze along side the bot to know when it's going against the trend

[carlisle1]

There are things which bot cant do which is on that emotional aspect where you can change out decisions basing up on market condition which bots cant able to determine such thing which is understandable.

Bot can't decide without human interactions', unlike if you are the one that actually performing the trade you can easily adjust and change

every direction of your trade, sometimes it's good but most of time it's bad once emotions triggered you out.

You do set up the bot and they'll do the work on what you had instructed or mandated but due to some factors like emotional then this is something that cant be controlled.

Good thing if you have that deeper knowledge, allowing bot to do without any interference with anything.

Bots are better in terms of executions of commands but it would always vary on the user itself about how its been set up and the effectiveness would really vary.

The effectiveness continues to rely on how you set it up and how you entrust your judgements with your knowledge. Using bot can give you
good things, that's for sure. As long as you know what you are doing, you are good to go.