upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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January 31, 2017, 04:18:49 PM |
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Have no knowledge on making bot, but if i am making one, the primary rules of course is the stop loss function.
When you are having a very strong strategy, there will be no need to worry about stop losses to be implemented in your trading bot. I agree, trading with stop loss is always important and your strategy itself must provide stop loss levels based on same methodology you will be using for targets. I guess, simply implementing a stop loss function not a big deal. |
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Rude Boy
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January 31, 2017, 06:16:55 PM |
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Nope, i never tried any trading bot and don't have any idea to buy one as I didn't believe in bots! Better I do manual trading.
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icecube45
Legendary
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Activity: 1218
Merit: 1000
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February 01, 2017, 03:32:02 PM |
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Nope, i never tried any trading bot and don't have any idea to buy one as I didn't believe in bots! Better I do manual trading.
Yes indeed you really better to do manual trading, because the benefits we can learn the trading and will get knowledge, it will make us have a good skill. But the actual bot trading is used for someone who does not have much time to see price fluctuations. Using bot trading is very risky because it is less flexible,so that a trader can not determine when to do open transaction. Thereby traders only followed a system that has run the software. In comparison manual trading and bot trading, manual clearly superior because volatile market conditions. |
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electronicash
Legendary
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Activity: 3122
Merit: 1052
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February 01, 2017, 05:42:14 PM |
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i was tempted to use bots, i wonder how much winnings do i get with using it. but i don't have some money to buy bots for trading besides i like trading manually on my own. and i can set price to take profit anyway so its still a good thing for me even without bots.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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February 01, 2017, 05:59:29 PM |
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i was tempted to use bots, i wonder how much winnings do i get with using it. but i don't have some money to buy bots for trading besides i like trading manually on my own. and i can set price to take profit anyway so its still a good thing for me even without bots.
that's how tempting buying a bot mate because of curiosity if how that particular thing works with our daily trading but i think its still better to learn more doing the manual trade before using bot since we really needed what settings are best for us to gain profits. |
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DarkIT
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February 01, 2017, 06:07:12 PM |
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no, I do it himself. but until now, it is very difficult to make a profit that much of a gamble. but, I'll keep practicing, and keep trying until I can find a way to earn a lot of trading. I think, use the bot will just be a great loss to those who use it. believing in yourself is the best thing.
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Bitcoinsummoner
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February 01, 2017, 06:16:05 PM |
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I never use bot unless if there is a legit bot software for trading but never seen someone are giving that bot except for saujie bots in gambling..
The good part it can manage your trading well to setting it without visiting always exchange sites..
But for me i just using the margin and setting it up there is not a problem visiting it daily.. much be careful for random bot their most of them are has backdoor or virus that can drain your wallet fast..
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fikihafana
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February 01, 2017, 08:50:47 PM |
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i never use bot to trading altcoin. I would glad if someone can share bot to trade altcoin
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rizkyhiw
Legendary
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Activity: 1484
Merit: 1004
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February 01, 2017, 11:38:23 PM |
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i was tempted to use bots, i wonder how much winnings do i get with using it. but i don't have some money to buy bots for trading besides i like trading manually on my own. and i can set price to take profit anyway so its still a good thing for me even without bots.
that's how tempting buying a bot mate because of curiosity if how that particular thing works with our daily trading but i think its still better to learn more doing the manual trade before using bot since we really needed what settings are best for us to gain profits. Anyways using bot to trade doesn't mean you will learn nothing You can learn even more when you used bot, it's just the matter on the way people trading I have bad experience too using bot to trade almost got lost the entire balance But well it was my own fault to not set the bot properly. |
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pokerplayer
Newbie
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Activity: 52
Merit: 0
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February 01, 2017, 11:41:02 PM |
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I do not know any bot with which we can trade if somebody can contact me if he found any bot which really works and also i need proofs for that they i can buy it and start serious job by trading.
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Dudeperfect
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February 02, 2017, 04:38:12 AM |
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I have not used any bot so far because of the two reasons. The first one is the cost of good bot is comparatively high (as compared with my average trading volume of the quarter) so as of now I don't think it would be a good deal to go with a bot. Alternatively, I am still learning trading so I don't think it's appropriate to appoint any bot for it.
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dearbesz1219
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February 02, 2017, 05:06:31 AM |
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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!
Using bot for trading, for me its not a good idea I think. Its look like cheating to any one, that is not good a method, especially in trading platform, or in twitter, etc. If I were you don't you even think about of how to use it dude. |
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carap
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February 02, 2017, 06:58:39 AM |
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Its look like cheating to any one
What a BS! It is a trading game (war), there are whales, insiders, ICOs, pseudo-hackers... - all sorts of real cheating! Those who say that using bots is like cheating have absolutely no idea of what the bot is and how it functions! In that sense, trading with some strategy is cheating as well. |
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mace15
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February 02, 2017, 06:15:19 PM |
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I think its not allowed using bots in any trading site, its like illegal if you use this one. I do trading when I have time. Checking the dump scheme on certain altcoins. I always do manual trading.
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arunka71
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February 02, 2017, 08:19:56 PM |
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carap: what language do you use for bot coding?
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carap
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February 02, 2017, 08:39:52 PM |
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carap: what language do you use for bot coding?
We primarily use Delphi, MatLab, PHP (since we have a great experience with these technologies). However, IMO language itself is not important, the same could be created on Java, C or Python. |
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arunka71
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February 02, 2017, 09:31:25 PM |
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Mainly Java here.
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carap
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February 03, 2017, 06:30:55 AM |
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Yeah I know, but I personally hate Java and Net  My team is made of old school coders  But I repeat, it is just a matter of taste (religion). A wonderful, profitable robot can be implemented on anything. It is only a strategy that matters. |
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wavespump
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February 03, 2017, 07:48:47 AM |
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Long time ago I downloaded a Python bot from Github, but I found it is difficult to configurate that bot. So I had to give it up. I always use my hand trading, which is more smart and accurate judgement by my smart brain, but slower than bot trading. I adapt trading without bot.
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aardvark15
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February 03, 2017, 11:41:35 AM |
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I've never used a bot, but I can see the benefit to doing so. The problem for me is that an error by a bot or a mistake in setting up the parameters could cost you a lot of money (wasn't the MtGox issue caused by a bot?). Someone that has used one may be able to tell us how easy it is to set up and if there is a chance for mistakes.
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