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Author Topic: Do you use a bot for trading?  (Read 17820 times)
hungryFinest
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October 26, 2016, 02:32:18 PM
 #141

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
I will never use bots for trades because i know for sure when i am doing it at my own i will do it better than when i am using a bot bots are easy to use but are they also good to use i dont
think that is true you can  do it better self.
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October 26, 2016, 02:44:26 PM
 #142

I have never used bot in trading and don't have any kind of experience with boths. But the fact is that I'm not sure how successful would that trading be and there is so much parameters that have to be set if you like to use it and the question is if you can realy contol that bot, how and when to sell or buy. Maybe this is an easy way but somehow I don't have trust in it.
I wont use bots for my trades becuase i think that i can do it many times better than the other ones who are botting and when i am trading i have some other accounts left to see the price at the same time.
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October 26, 2016, 07:21:01 PM
 #143

So bots are real ? I always thought that it was just a popular phantasm of people wanting to be some kind of whales.
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October 27, 2016, 12:12:53 PM
 #144

Guys,
may anybody tell me if there's any free bot ?
el kaka22
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October 27, 2016, 12:29:08 PM
 #145

So bots are real ? I always thought that it was just a popular phantasm of people wanting to be some kind of whales.
How bots could become real ? They are some very different programs/instructions to work for you. Usually a trader could not remember all the strategies and pattern recognition of trading charts. So, it would be nice to go for automated programs to predict trading calls for him. This is what bots are doing in trading. Unfortunately, bots are not suitable for different type of market conditions.

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October 27, 2016, 12:57:27 PM
 #146

So bots are real ? I always thought that it was just a popular phantasm of people wanting to be some kind of whales.
How bots could become real ? They are some very different programs/instructions to work for you. Usually a trader could not remember all the strategies and pattern recognition of trading charts. So, it would be nice to go for automated programs to predict trading calls for him. This is what bots are doing in trading. Unfortunately, bots are not suitable for different type of market conditions.
I thought it was all very helpful indeed for all traders who are going through an obstacle or to speed up the work. But it all won't give you a pretty good effect when it is too forced to grind the proper thing for us to do it manually. So if the bot is helpful it is for things that are not special (providing funds or make a purchase with a sizable Fund. _
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October 27, 2016, 01:44:45 PM
 #147

Guys,
may anybody tell me if there's any free bot ?

Hi, Trading  bots   are   just  tools actually  just to automate your   trading  activities   but  it doesnt guarantee you    to make   successful trades  though  , so  there  no  point of requesting   a trading  bot,  my suggestion  to you  is  much  better to learn   manual trading first    before you  proceed  on this   trading  bot things because it would  be still useless  because  you cant really comprehend  it   since you dont  have enough  knowledge  on  trading  career.

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October 29, 2016, 04:29:16 AM
 #148

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
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October 29, 2016, 10:47:31 AM
 #149

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
trading using bot doesn't mean the bot can do by itself and thinking by itself but you still have control and need to set up about what the bot will doing and it's definitely like you're trading manually but just a little bit automatic to minimize the chance of losing an event that could potentially give you profit

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October 29, 2016, 11:34:18 AM
 #150

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

you should always go with what you feel is best for you. if you are more comfortable with doing things yourself and can handle everything that way then that is the way to go for you.

bots are good for those who can either program it themselves by writing the code and do a customization. or for those who are willing to buy a powerful and most trusted bot with a long history and possibly higher price.

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October 30, 2016, 08:09:27 AM
 #151

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

you should always go with what you feel is best for you. if you are more comfortable with doing things yourself and can handle everything that way then that is the way to go for you.

bots are good for those who can either program it themselves by writing the code and do a customization. or for those who are willing to buy a powerful and most trusted bot with a long history and possibly higher price.

There is no better method but monitoring it yourself.  There are some critical decision only human can do and is not appliable with bots.  Sometimes trading price gone nuts and need an immediate decision which is far from capability of bots.   For me bots can only be used when you are not infront of your computer and do the actual strategy you want to implement like buying at x price and selling at y price, then triggering stop loss once the price gone critical.

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January 29, 2017, 10:30:22 AM
 #152

I realized that many traders don't understand the whole concept of trading robots!

For that reason I opened my own thread - https://bitcointalk.org/index.php?topic=1722689.new - explaining some wrong assumptions about automated trading made by beginners.

Please, share your stories related to the use of bots in my thread. Whenever they are successful or the opposite it will be interesting to read those.
Please, don't write in if you don't have any experience in using trading-robots. Only comments from past or current users are welcome!

Trading robots - wrong assumptions made by beginners - https://bitcointalk.org/index.php?topic=1722689 - share your practical experiences!
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January 29, 2017, 10:48:02 PM
 #153

I dabbled with different bots,some were really profitable..till they stopped working
unfortunately it is not so easy to find a good free  trading bot nowadays
and the paid ones I'm trying to avoid

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January 29, 2017, 11:02:53 PM
 #154

If someone of you is interested in a fully configurable bot that works on 18 exchange (20 in the next release) checks here : https://bitcointalk.org/index.php?topic=507103.0
And if you have any doubt you can directly pm me  Wink
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January 30, 2017, 03:34:12 AM
 #155

I've never used any bots for trading.. I just do trading only a small time of daily bases.. and I think using bot is not good. as most trading sites don't allow it. if you still use it, it means you are breaking the rules which is illegal and can ban you from the site.

That's right, by doing it your nothing difference for a cheater, that is also cab called as fraud. Aside from breaking the rules, you are not transparent to your community. So I never use that both for trading ever.
royalfestus
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January 30, 2017, 03:58:26 AM
 #156

Well, I did not use to play trading bot, because I think it is very harmful and unpleasant. I better use it alone to play trading, because it can train me to become more intense in analyzing a coin prices, and it will enhance my ability and experience.
I have not seen it before let alone use but wonder the bad impression about it.What is harmful and unpleasant about trading bot? Some people even name it Illegal, which internet law bind it ?

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betlord90
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January 30, 2017, 04:08:30 AM
 #157

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!

This would be difficult, I think. Because using a bot doesn't assures us that it will work good for a long time. Bot can be damage by viruses and some bugs that will come out after some time. Using it in trading is so risky that you may lose all your Trading coins or maybe your bitcoin, don't you think? It would be better if you will do Trading manually for you to be in the safe side, and can be sure that you will not lose any Altcoins or your bitcoin. Also, for you to be sure that you won't face any consequences in the future.
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January 30, 2017, 04:43:48 AM
 #158

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

where youre friend trading support use bot
and where youre friend get bot, is self create bot, or buy software bot trading (how much price), or free software
and about result , how much profit every month use bot trading and constant profit or not
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January 30, 2017, 10:34:27 AM
 #159

I dabbled with different bots,some were really profitable..till they stopped working
unfortunately it is not so easy to find a good free  trading bot nowadays
and the paid ones I'm trying to avoid

why you want to risk your money in free trading bot which could stealing your money? I like prefer to non-free (paid bot) rather than free bots which we don't know it's safe for our money or not. Currently i am little interested with Gun's trading bot (paid bot), it could be one of greatest trading bot in my opinion.
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January 30, 2017, 11:21:06 AM
 #160

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself
You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.
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