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Author Topic: Do you use a bot for trading?  (Read 17819 times)
Skaven
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October 25, 2016, 07:48:07 AM
 #121

I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.
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October 25, 2016, 08:00:29 AM
 #122

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!

I have never used a bot and was never interested in trading bots because you should be a very good developer (if they offer the source code of the bot of course) and understand how the bot works because that bot can lose our funds by pumping or dumping the price of the coin we want to trade

Using  bots are  just  like you are  automating your trades when  you are not around  but  it doesnt  even guarantee you to make   succesful trades with it. There are some  who  would  use it for convenience but  its better for me  to  do it manually.

yeah thats why i never try to use it since bots are just an imaginary profiter in my opinion, tradings really need personal interaction so we can earn from it and bots are just an acessory that can be wipe out immediately, although theres people telling that they are earning from it i would not still believe that there earnings are good as those people who join on pump and dump groups,  so the best thing to do trade really is to do it by ourselves and by this thing we can learn more lessons about tradings lapses.
I never want to use bots for my trades becuase i know for srue that when i am useing bots the price of the bitcoin will not tolerate me to deal with it
soi am trading by muy self without a bot.
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October 25, 2016, 11:14:32 AM
 #123

I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.
the bot actually getting used to automatically sell or buying when it reached the limit prices that was you set up before while you're away from your pc so it's fine to use bot and there's no doubt if you can do better than a bot but human still have limit if it's about time

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October 25, 2016, 02:39:48 PM
 #124

why are some people in this topic like this, they are either against bots or for it passionately! you know there is a middle ground?

first step is knowing how to trade then if you know how to use a bot and have access to a good one it is a very good and handy thing to have but if you don't honor the first step then that is why you think bots are stupid.

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October 25, 2016, 11:10:27 PM
 #125

I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.

Ok....you know, that professional bots can fetch a price and place an order in less than 1 microsecond? I know bots, that analyze thousands of markets every second. They may make not smarter decisions than you make, but I'm pretty sure they can make them a lot faster.
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October 25, 2016, 11:18:05 PM
 #126

There's not that much point of using a bot in trading. It cannot fasten up the process. People will buy when they want, and people will sell when they want. Your bot cannot control other people's decision. Running a bot would also require your PC to be open 24/7. If you're not earning that much profit anyways, then you're just wasting your time. Moreover, I think the use of bots is actually not allowed. This one's from YoBit:

Quote
Any automation is strictly prohibited. Such accounts will be blocked with all funds!

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October 26, 2016, 03:01:20 AM
 #127

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.
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October 26, 2016, 03:41:26 AM
 #128

i am not familiar to use bot for trading because in my opinion i can not control what bot wants although i do make setting for the bot, but bot can do something wrong like me, so better to do trading with my self and trying the best i can.

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October 26, 2016, 04:13:30 AM
 #129

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.
bot only help you to make a sell or buy in certain prices and have nothing to do with your chance of earning profit,you're the one who setting up the bot so if there's mistake that drive you to lose then it's definitely your fault,bot only exist to be supporting tools

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October 26, 2016, 04:44:15 AM
 #130

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.
bot only help you to make a sell or buy in certain prices and have nothing to do with your chance of earning profit,you're the one who setting up the bot so if there's mistake that drive you to lose then it's definitely your fault,bot only exist to be supporting tools

Correct, bots are   just   tools  and  do help you  on  automating your trades  but  doesnt  guarantee that they would  give  succesful trades because as  you mentioned too  you are the  ones  who are setting such commands  to the  bots  and they are  just  doing   on what you  you set there.  Trading  bots are  just helpful  if you could  not   always  see your  trading activity  but  if you  do  have  enough  time  on doing or  checking  your  trading activities then  bots  are  not  necessary at all.

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October 26, 2016, 05:05:03 AM
Last edit: October 27, 2016, 01:47:10 PM by saiha
 #131

i am not familiar to use bot for trading because in my opinion i can not control what bot wants although i do make setting for the bot, but bot can do something wrong like me, so better to do trading with my self and trying the best i can.

 I don't even know that there is a bot for trading. But if there is real, I don't want to use that and I don't cheat just to get some profit.

Because that will kill the trading industry and if you want to keep on earning in trading you are not going to do such things like using bot for your automated trades.

It is better if you are going to do the usual way.

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October 26, 2016, 05:37:50 AM
 #132

i am not familiar to use bot for trading because in my opinion i can not control what bot wants although i do make setting for the bot, but bot can do something wrong like me, so better to do trading with my self and trying the best i can.

Me too, I don't even know that there is a bot for trading. But if there is real, I don't want to use that and I don't cheat just to get some profit.

Because that will kill the trading industry and if you want to keep on earning in trading you are not going to do such things like using bot for your automated trades.

It is better if you are going to do the usual way.

Trading  bots are  not actually  on cheating   the trading industry  hence other people say here that  bots are  just tools  on making    your trades automated   but  it would  not  guarantee you  to make  successful trades  and i agree with you  its better to trade  in manual way.

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October 26, 2016, 07:21:58 AM
 #133

I will never use a bot for my trades because i think that i can do it better thatn the bots you know when i deal withthe bitcoin i know the price every second also when
he is going to change so i never use bots becuase i am fast enough.
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October 26, 2016, 07:59:08 AM
 #134

I will never use a bot for the trades becuase i know for sure that allot of people will not be happy with it you know and that is not good when you use bots you have to
trust the bot and when you cant you wont be able to use him.
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October 26, 2016, 09:16:21 AM
 #135

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.

If you don't have knowledge, then try to learn basics first before jumping into trading because even with small mistake people can lose a lot of money in trading. Also using bots are a very dangerous thing to do. Just imagine if those bots are full prove then why developer will sell them to others instead he/she can make profit from them right?
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October 26, 2016, 10:38:12 AM
 #136

I do not use any bot for trading as i do not have any fixed asset for trade I often use different coins to buy and sell and for that my activity on trade platforms is much important as I have to decide that which coin is going better and which coin is going as bad.
Fatamorgana
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October 26, 2016, 12:05:37 PM
 #137

i
I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.

If you don't have knowledge, then try to learn basics first before jumping into trading because even with small mistake people can lose a lot of money in trading. Also using bots are a very dangerous thing to do. Just imagine if those bots are full prove then why developer will sell them to others instead he/she can make profit from them right?
The biggest problem for peoples or developer if trying bots is they not have limit with market. Trading is open for all so we can't predict the prices anytime. I think best way for us is never use bots for trading.
Caladonian
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October 26, 2016, 12:06:39 PM
 #138

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.

If you don't have knowledge, then try to learn basics first before jumping into trading because even with small mistake people can lose a lot of money in trading. Also using bots are a very dangerous thing to do. Just imagine if those bots are full prove then why developer will sell them to others instead he/she can make profit from them right?
good point if the developers knows that what he created can make him rich why he bother selling it, bot are helpful if you know the basic fundamentals
of trading then you can take advantage of it maybe needed to learn more before using it.
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October 26, 2016, 01:38:46 PM
 #139

Bots are working as per predetermined parameters. So, expecting them to perform well for all type of market conditions is completely meaningless. If we are having some knowledge on setting up those parameters, we will be get chances to make them work according to market conditions but it is not for beginners, only advanced traders could do this.
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October 26, 2016, 02:15:52 PM
 #140

I am never using bots for my trades and that is cause i diont like to use bots when i am trading because bots are not making it better some times they are just making it worse than it already is you know!
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