Do you use a bot for trading?

[daneranon89]

I have not used bots to trade. I am not a hard core trader. I just trade when I see the opportunity and prefer to do swing trades than day trades or scalping. I not a programmer, so making bots is not an option and if you want to buy trading bots, I don't think they come cheap.

[StarofBTC]

No I do not use bot for my trade as I know well that how to trade and I put all my efforts in doing trade and use my mind to choose the correct point to buy and sell any asset and I think that work will not be possible with a bot so I do not rely on bot for my trade.

That must be a right practice, because when you are not unable to predict market movements you may need to depend on others but going for bots is not right decision in my opinion as no machine codes will predict as good as our knowledge and experience. Using our own brain will help us to crack profits from trading. Bots may fail time to time.

[carap]

if the bot does not predict the best price for the bitcoin

you will say i can do it better

no machine codes will predict as good as our knowledge and experience

Trying to predict is a road to hell!
No one knows what the price will be tomorrow! NO ONE!!! Don't think you are an exception! Even if you've touched the sky once.

I never make forecasts.

[hajimasan]

in my opinion it would be only a wrost hard work for money . because bot can't predict price bot can do those work which are already programmed . so i think you should use oqn hardwork for trading for better profit instead to get loss from bot .

[naidray]

I am beginner with trading, so i prefer to study the chart without any bot to get good experience. I think only the experienced traders use bots for trading nowadays.

No, both beginners and experienced traders do not need any trading bots as no bots are consistent in their performances. Really, I could not find a scenario where we could use bots. Because, some bots are working perfect in low fluctuation markets whereas some others are working with highly fluctuating prices. Manual trading is better for consistency.

[Red-Apple]

I am beginner with trading, so i prefer to study the chart without any bot to get good experience. I think only the experienced traders use bots for trading nowadays.

No, both beginners and experienced traders do not need any trading bots as no bots are consistent in their performances. Really, I could not find a scenario where we could use bots. Because, some bots are working perfect in low fluctuation markets whereas some others are working with highly fluctuating prices. Manual trading is better for consistency.

no strategy is always 100% bot or 100% human. you always use bots and a lot of other handy things to help you do a better job at trading.

and yeah bots are usually bad when the situation changes like the fluctuations that you  said here, and that is why i say there should be a human in the equation monitoring everything the bot does to correct any possible mistakes that happens.

[Hedrilin]

I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!

It more interesting if you don't use bots , In trading you will one who see the trading and it more thrill when you're the one who gonna buy and sell the coins as of now i do small trades for altcoins and ico's but if im giving a chance to create bot i probably build one your just making a big mistake making human tobecome more lazier

Why does everyone usesbots by tradings now i see the point this is the main reason why people are paying attention to peopel who are quitting with tradings you have to be your own bot
no bot can replace a hhuman that is one thing you have to know.

[gandame]

No i'm use bot for trading because i dont know what is bot? And i dont know how to use it. So maybe you can teach me about it for me to learn how use and what is good benefits i can recieve in that bot.
Because i heard that in many traders especially to those trade altcoin some of them use bot.

[rickadone]

No I do not use bot for my trade as I know well that how to trade and I put all my efforts in doing trade and use my mind to choose the correct point to buy and sell any asset and I think that work will not be possible with a bot so I do not rely on bot for my trade.

That must be a right practice, because when you are not unable to predict market movements you may need to depend on others but going for bots is not right decision in my opinion as no machine codes will predict as good as our knowledge and experience. Using our own brain will help us to crack profits from trading. Bots may fail time to time.

Not just in time. I had very worst performance with a bot in my bitcoin trading. I used it to auto trade bots, but it was unable to book any profits for me. I guess instead of going for a auto trade bots, going for buy-sell predicting bots is somewhat good. Because we will be having control over to choose the best calls and to avoid others.

[ivanst776]

I have seen only one "trusted" bot here in forum and that is C.A.T but still I don't trust any of the them.

Well yes i'm trusted 
I started selling my bot in 2013 (it was only a Cryptsy Bot) and never stop since them, with near 1 release every 20-30 days.
Now after near 65 release (20 beta + 44 Official) C.A.T. works on 18 exchanges and i have 200 Positive Feedbacks on my profile (this is why i'm trusted  )
Another reson for my trust is that C.A.T. is a DESKTOP Application and i don't own private user key (and anyone could run C.A.T. inside a SandBox and check if there's some "strange" http call other than the Call to the Exchanges)
 

From the feedbacks I can consider that C.A.T bot as trusted but why I said I don't trust is because my money is managed by someone else.

So there is always a "room" to be worried and with only an update the developer can infect all users(not saying that you will but this can happen).

I still prefer to make my tradings on my own and If I make a mistake I will not accuse the bot or someone else but myself.

[DuckKeeper]

Whether or not you do, if you were to make one, what rules would it based on?

I don't rely on bots since I'm pretty much online 18 hours a day. *Perks of being a Software Developer.
Secondly,as a python enthusiast,I have deployed a few trading bots according to the custom needs.Furthermore,here are a few suggestions you may want to consider while getting one programmed for trading.

 -No 24*7 window.Set a timeout after every satoshi made through the marginal values.

 -Keep a bot actively running in the background to send latest prices of the alt's.The trading bot should take these prices,analyze the differences in the span of 15 mins and then decide to trade or not.

 -Marginal values should be fetched from a reliable source such as prev or coinbase and not the website's tickr!

You should never use a bot for your tradings becuase i know for sure that when you pay attention every time i dont think the bot will be better than you becuase humans
makes the bot and that is the problem.

[ArdiPrabowo]

bot for trading can't prediction price so if you use bot not guaranted profit
bot only setting in you buy or in you sell and use averaging or martiangle
use bot or not is same, this not use bot you can pending order in your trading system

[noictib]

bot for trading can't prediction price so if you use bot not guaranted profit
bot only setting in you buy or in you sell and use averaging or martiangle
use bot or not is same, this not use bot you can pending order in your trading system

yeah , and another things some trading sites doesn't allows bot script to handle ac . so it is not much cool idea of bot trading .

[gilangIDR]

I think the use of bots is not that great .. because we do not directly follow the price movement bitcoin. whereas we could be in a time of bitcoin have better prices than back then. it was a chance to be regretted.

[Cozynunu]

Do any of the exchanges have rules against using bots?
I would be very careful in admitting I used a bot. You might get your account closed and any of your coins seized if an exchange finds out you are doing automated trading.
(If it is against their terms of service.)

Also, most people that have a good bot for trading probably programmed it themselves and aren't going to give it out for free.

Why using bots to make your trades i know that bots are made  by human and they need to be updated every second as specially by the bitcoin you know becuase the
price of the bitcoin changes so many times you should be doing it by your self.

[Whosdaddy]

No I do not use bot for my trade as I know well that how to trade and I put all my efforts in doing trade and use my mind to choose the correct point to buy and sell any asset and I think that work will not be possible with a bot so I do not rely on bot for my trade.

That must be a right practice, because when you are not unable to predict market movements you may need to depend on others but going for bots is not right decision in my opinion as no machine codes will predict as good as our knowledge and experience. Using our own brain will help us to crack profits from trading. Bots may fail time to time.

Not just in time. I had very worst performance with a bot in my bitcoin trading. I used it to auto trade bots, but it was unable to book any profits for me. I guess instead of going for a auto trade bots, going for buy-sell predicting bots is somewhat good. Because we will be having control over to choose the best calls and to avoid others.

You mean to say, instead of depending on some third party tipser, it would be good to use the bots to predict call for us?

That must be a right approach. Because we are only going to trade still, but we are giving responsibility of predicting market directions to the bots. But, with this kind of approach, we still need time and dedication for analysis so that we can choose best calls.

[el kaka22]

No I do not use bot for my trade as I know well that how to trade and I put all my efforts in doing trade and use my mind to choose the correct point to buy and sell any asset and I think that work will not be possible with a bot so I do not rely on bot for my trade.

That must be a right practice, because when you are not unable to predict market movements you may need to depend on others but going for bots is not right decision in my opinion as no machine codes will predict as good as our knowledge and experience. Using our own brain will help us to crack profits from trading. Bots may fail time to time.

Not just in time. I had very worst performance with a bot in my bitcoin trading. I used it to auto trade bots, but it was unable to book any profits for me. I guess instead of going for a auto trade bots, going for buy-sell predicting bots is somewhat good. Because we will be having control over to choose the best calls and to avoid others.

You mean to say, instead of depending on some third party tipser, it would be good to use the bots to predict call for us?

That must be a right approach. Because we are only going to trade still, but we are giving responsibility of predicting market directions to the bots. But, with this kind of approach, we still need time and dedication for analysis so that we can choose best calls.

To be successful with your trading you always need to be so dedicated. Without spending time you will not be able to be successful with any trading even you are using bots. Bots may not work for different market fluctuating situations, in those times, we must stop using bots and going for manual trading would be the right approach in those times. So, we always need to stay with our trading as that will ensure any unwanted events.

[arunka71]

I think, most of you make the mistake to think only in terms of technical trading.

[PokerFace3]

I am beginner with trading, so i prefer to study the chart without any bot to get good experience. I think only the experienced traders use bots for trading nowadays.

No, both beginners and experienced traders do not need any trading bots as no bots are consistent in their performances. Really, I could not find a scenario where we could use bots. Because, some bots are working perfect in low fluctuation markets whereas some others are working with highly fluctuating prices. Manual trading is better for consistency.

You must be right, bots are depending on some pre-set parameters and only for known market conditions. Definitely no bots will sustain with the new market situations like any high volatile new events. I also have concluded without using bot would have helped me to secure our capital by this time, I am also one of victim of faced losses with bot enabled trading.

[nindie]

iam never use bot in trading
trading use bitcoin and altcoin is not good use bot
is selling bot is accurate i think never selling but self use bot to get maximal profit