Will it working?

[crypto-boy]

Thanks guys  Ok I will try first manually then if i will like it and will have my own strategy I will try to make bot for it... 

[Supercrypt]

Thanks guys  Ok I will try first manually then if i will like it and will have my own strategy I will try to make bot for it... 

Possibly the best thing you can do might be, coding a bot which will do all the technical analysis portions, still you will need yourself to decide and finalise the trading calls. This way you will automate some of your trading activities to avoid hassles.

Bots are good till the point analysis, yes opening/closing trading positions should be done manually for a safer and profitable trading across different market conditions.

[mobnepal]

$1000 usd of bitcoin is not much to make significant profit with your strategy but you can try margin trading which will multiply your order size for small fee than normal trading fee but both risk of loss and profit is good in margin trading with even small amount of bankroll.

I think better strategy is to look on long term price change rather than lossing in trying to catch few cents movements.

[toy4lov3rs]

Thanks guys  Ok I will try first manually then if i will like it and will have my own strategy I will try to make bot for it... 

It sounds like you have a good plan going and you have a direction. Just keep your eyes open, learn from lurking. Manually will teach you the skills and decisions to alter how you set your bot. While doing one you are learning to optimize how you are doing the other. Listen to some music while you read up in forums like these, I find it helps me concentrate.

[equator]

Instead of going for bot why dont you first try how to trade and what percentage of ratio is moving daily in the market, then you will get full idea and then you can create the bot according to that , this will give you more surety of your trading bot success

[Pursuer]

Thanks guys  Ok I will try first manually then if i will like it and will have my own strategy I will try to make bot for it... 

you can do them side by side.
try to learn and as you go on, do the coding also. the only thing you have to leave for the end is the execution of trades. you bot can analyze and report back to you and show you what trades to make and when to buy and sell and then you do the trades manually to find out the bugs and improve it then after a while you can make everything automatic eventually.

[wxa7115]

Thanks guys  Ok I will try first manually then if i will like it and will have my own strategy I will try to make bot for it... 

It is good that you listen to advice, but that is the way it is supposed to be done, first you need to learn how to do something the old fashioned way and when you finally know how, that is when you can start to automate the process.

[davis196]

Hi,

I am not new in bitcoin but I am new in trading.. 

And I just want to ask people who have experience in trading:

If I will make bitstamp.net bot which will automatically sell/buy BTC on price changing for example: if bitcoin price change on -10 cents - BUY and then wait until it +20 cents in price and SELL.

So my bot will just buy or sell on price changing. Will it working???

I have ~1000 usd in BTC so I will start from this amount. I know that bitcoin changes price every minute so which is the best percent for changing? 10%, 1%

Give me the best formula for getting profit from price changing generally percents. Should it wait until bitcoin price will change a bit (for some cents) or for a few dollars?

Thanks in advance. I am new on it so please help me. 

Do you have such bot?

I don`t trust auto trading bots.I`ve never found a bot that really works.

I think that there is a transaction fee for every trade,so the profit will be smaller.

[Herbert2020]

Hi,

I am not new in bitcoin but I am new in trading.. 

And I just want to ask people who have experience in trading:

If I will make bitstamp.net bot which will automatically sell/buy BTC on price changing for example: if bitcoin price change on -10 cents - BUY and then wait until it +20 cents in price and SELL.

So my bot will just buy or sell on price changing. Will it working???

I have ~1000 usd in BTC so I will start from this amount. I know that bitcoin changes price every minute so which is the best percent for changing? 10%, 1%

Give me the best formula for getting profit from price changing generally percents. Should it wait until bitcoin price will change a bit (for some cents) or for a few dollars?

Thanks in advance. I am new on it so please help me. 

Do you have such bot?

I don`t trust auto trading bots.I`ve never found a bot that really works.

I think that there is a transaction fee for every trade,so the profit will be smaller.

there are bots that work and are decent, the only thing that is true about them is that bots are not going to perform magic to make you rich. you have to know what trading is and how to make profit from trading before using a bot because you need to understand what it is doing since it is never like click a button and make money!

[2double0]

Do you have such bot?

I don`t trust auto trading bots.I`ve never found a bot that really works.

I think that there is a transaction fee for every trade,so the profit will be smaller.

Because you don't trust them, no one should use them?
There are bots that work and make huge money still, but nobody will actually tell you the way they work.
You need to have a check on them and what they are trading, prices, difference, etc.
And about transaction fee, you are going to get it charged even if you go manual, so what's so different there?

[wxa7115]

Do you have such bot?

I don`t trust auto trading bots.I`ve never found a bot that really works.

I think that there is a transaction fee for every trade,so the profit will be smaller.

Because you don't trust them, no one should use them?
There are bots that work and make huge money still, but nobody will actually tell you the way they work.
You need to have a check on them and what they are trading, prices, difference, etc.
And about transaction fee, you are going to get it charged even if you go manual, so what's so different there?

While its true that the exact mechanics behind a bot are not going to be revealed by the developers, they need to be based around sound economic theory otherwise the bot is not going to work at all.

[capoeira]

bots can work.
but if you can buy it, or it doesn't work very good, or not for very long.
a bot needs steady adjustments.
And if you have a realy good bot, why sell it?

[shinratensei_]

Hi,

I am not new in bitcoin but I am new in trading..  

And I just want to ask people who have experience in trading:

If I will make bitstamp.net bot which will automatically sell/buy BTC on price changing for example: if bitcoin price change on -10 cents - BUY and then wait until it +20 cents in price and SELL.

So my bot will just buy or sell on price changing. Will it working???

I have ~1000 usd in BTC so I will start from this amount. I know that bitcoin changes price every minute so which is the best percent for changing? 10%, 1%

Give me the best formula for getting profit from price changing generally percents. Should it wait until bitcoin price will change a bit (for some cents) or for a few dollars?

Thanks in advance. I am new on it so please help me.  

Do you have such bot?

I don`t trust auto trading bots.I`ve never found a bot that really works.

I think that there is a transaction fee for every trade,so the profit will be smaller.

there are bots that work and are decent, the only thing that is true about them is that bots are not going to perform magic to make you rich. you have to know what trading is and how to make profit from trading before using a bot because you need to understand what it is doing since it is never like click a button and make money!

I not ever seen about that. Even if we can use the bot, but it's possibly for bot automation change the range of buy and sells? If it can, it's like magic.
Bot was made by human and it is not perfect like our brain is made by god. You can tell me one if you can.

[Strongkored]

until now i'm never use bot for trading, i'm more comfortable use manual trading, if you want to know about your strategy can work or not, you should try in a little fund and then after you try you can analysis what you have done, make your own research make you know a mistake you have done and don't do that in future

[BitcoinPanther]

Instead of going for bot why dont you first try how to trade and what percentage of ratio is moving daily in the market, then you will get full idea and then you can create the bot according to that , this will give you more surety of your trading bot success

He just stated that he will try it manually and after he is ok with his strategy then he will create a bot for it making his trade automated.

In my experience bot will not trade better than what you could do manually. Furthermore, all strategies will not work all the time, you need to adjust/determine strategies time to time. It will be possible only with manual trading, for the same reasons bots do fail more frequently.

I agree but bot will at least set your trading to your buy limit and sell limit.  It will work when you are sleeping and it will act according to what you wanted your bot to trade, in what price it will buy or what price it will sell and the volume to buy and to sell.  It is an effective tool especially when you are trading a high volatile item where fluctuation can give you good profit while you are away from your keyboard.

[BitcoinHodler]

Instead of going for bot why dont you first try how to trade and what percentage of ratio is moving daily in the market, then you will get full idea and then you can create the bot according to that , this will give you more surety of your trading bot success

He just stated that he will try it manually and after he is ok with his strategy then he will create a bot for it making his trade automated.

In my experience bot will not trade better than what you could do manually. Furthermore, all strategies will not work all the time, you need to adjust/determine strategies time to time. It will be possible only with manual trading, for the same reasons bots do fail more frequently.

I agree but bot will at least set your trading to your buy limit and sell limit.  It will work when you are sleeping and it will act according to what you wanted your bot to trade, in what price it will buy or what price it will sell and the volume to buy and to sell.  It is an effective tool especially when you are trading a high volatile item where fluctuation can give you good profit while you are away from your keyboard.

the first part about bots is correct because it can work 24/7 for you and watch the changes instead of you.

but at the same time if you rely on a bot to make the trades for you, it can be a bit risky since some changes may trigger the buy or sell rule on your bot and the bot acts on them but these trades may not be favorable for you so you have to be extra careful about how much money you are risking by relying on a bot.

[X-ray]

bots can work.
but if you can buy it, or it doesn't work very good, or not for very long.
a bot needs steady adjustments.
And if you have a realy good bot, why sell it?

to make an additional earning or profit of course,the only purpose that's make sense by selling it or making it commercial,it can help another trader and also give you benefits,and maybe by selling the bot you can make a profit even higher than doing trading with the bot

[michkima]

In my opinion, this will not work.

Example, the price of bitcoin is $100 then it dropped to $99.90 then bot buys. The price further went down and stayed there FOREVER. Then you lost 10 cents per bitcoin.

Another situation is when the price dropped to $99.90 then bot buys. The price went up; bot sold Bitcoins at $100.20, but the price went up to $500. Then you lost the opportunity to sell at that price, and you could have earned more.

[coynedterm]

If you want trading then you needs to get remain updated with average price of bitcoin .
when the price get increase speedly then you are in profit but when the price goes sharply down then make purchase of bitcoin in small installment ,in this way you will remain in profit during bitcoin trading .

[wxa7115]

bots can work.
but if you can buy it, or it doesn't work very good, or not for very long.
a bot needs steady adjustments.
And if you have a realy good bot, why sell it?

A well programed bot will not need a lot of adjustments since the economic theory is not going to change every week, the only adjustments needed will be if the API changes.