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Author Topic: Bot Softwares for Trading  (Read 2227 times)
Deep BTC
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January 30, 2017, 12:36:22 AM
 #1

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?
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January 30, 2017, 12:46:55 AM
 #2

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

Read this : http://www.coindesk.com/how-to-trade-bitcoins-bot-software-sleep/
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January 30, 2017, 02:44:26 AM
 #3

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

youre bot software to use trading not guaranted youre trading always profit
in bot trading is same use pending order not diference
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January 30, 2017, 07:00:23 AM
 #4

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

The only advantage of a trading bot is that it trades when you sleep.I don`t think that this is such a huge advantage.
Usually the lazy people use bots.You should practice and learn trading and you will have better success instead of using a bot.
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January 30, 2017, 07:03:50 AM
 #5

Bots software are not reliable: Because most of them are designed based on lagging indicators. Up till now, many of them cannot interpret stories that drives the market. You should developed your trading skills on market action and technical analysis. Also study how fundamental analysis works and increase your knowledge on it. Remember successful traders are skillful traders.

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January 30, 2017, 07:09:04 AM
 #6

There are some bots in this forum, for example C.A.T. Cryptocurrency Automatic Trader or leonArdo - Trading Bot for Poloniex, Bittrex and etc but I for profitable trading it's better to use your brain. Mostly traders aren't useing automated softwares. Read many books about trading, develop your skills, learn treatment of analyze. It's good if you'll use free trading patforms in the begining. If you want, you can use them but you won't learn trading and your money will be under risk, realize it.

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January 30, 2017, 07:58:05 AM
 #7

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?
If you are serious about trading and profit making from it then my suggestion would be staying away from trading bots. As they are merely some programs, coded for some specific market conditions. But in reality, there would be millions of different market conditions and no bot would be versatile to cover all of them to fetch you profits all the times.
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January 30, 2017, 08:18:42 AM
 #8

It's better to use manual trading than bot trading
you can control your risk, recommended to use a manual trading.

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January 30, 2017, 08:28:16 AM
 #9

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

Better not to use bot software for trading because it's something that you can't have guarantee of doing wrong with your trades.

Doing trading alone with your own style and effort is the most preferred way of trading.

Because when a bot did a failed trade, you can't undo it which is basically happening very often.

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January 30, 2017, 06:17:11 PM
 #10

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?
See basically understand one thing that trading is done by three things : consistency, brain and fund.

The bot can maintain funds and consistency but the bot can never take wise deicisions because its a program coded to do a certain task in a orderly manner. Hence I personally feel best way is to trade manually.

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January 31, 2017, 10:10:54 AM
 #11

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

youre bot software to use trading not guaranted youre trading always profit
in bot trading is same use pending order not diference
While its true and I agree to a extent but bots are good too mate because like if there is a bitcoin price trade bot then it can automatically buy cheap and sell at a higher price, hence making cool profits while doing the same manually you might get emotional and hold too long to sell to quickly geting panicked so bots can be good too. but unsure if there is a cool bot out there for public.

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January 31, 2017, 10:25:02 AM
 #12

I haven't used any bot so far but I have seen a popular bot names C.A.T on this forum (It's paid and I think the price is around 0.5 BTC). I believe a person should have some basic knowledge of trading before he starts using any bot because it requires little bit more understandings while trading with it.

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January 31, 2017, 11:12:27 AM
 #13

I am not using any trading bot but i am having close look at this gunbot https://bitcointalk.org/index.php?topic=1715214.0
It is priced quite high, but return looks good so i may try it in future.



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January 31, 2017, 01:15:00 PM
 #14

I would recommend everyone to go for manual trading rather than automated trading by using bots. Because,  the bots that are worthy to be considered are usually priced very high and nothing is guaranteed. And taking positional calls in Cryptos using your knowledge, skill and brain would be much better and it would go a long way.


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January 31, 2017, 03:01:29 PM
 #15

A bot for trade only works for a good trader. That is, you only get winners who know how to program the bot with your own strategies, a bot not programmed by you can lead to bankruptcy fast. And another thing, if the bot was good the person would not sell. Why have someone to dispute with you?






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January 31, 2017, 03:08:44 PM
 #16

A bot for trade only works for a good trader. That is, you only get winners who know how to program the bot with your own strategies, a bot not programmed by you can lead to bankruptcy fast. And another thing, if the bot was good the person would not sell. Why have someone to dispute with you?
From your ideology, I learn bot trading will work for good programmer cum trader. Because only a trader with working strategy will be able to code that as bot for his trading purposes.

I have come across some traders who are working with trading bots, but they are using bots for some limited processes but final decisions are being taken manually after double confirmations. They save time due to those bots. That's all.

A
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January 31, 2017, 03:16:51 PM
 #17

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

I used my own technical analysis and doing trades in my own hands.

You don't need any bot program to execute your trade in bitcoin exchange. Price fluctuates much and the command that your bot will follow will just lead you to losses or limited profit especially when there is a big price movenmet. Bots are fit to the assets that has a stable price.

And you will not boost your trading knowledge if you use bots.

This is only my suggestion. In the end you are the one who will decide what you think is appropriate to you.

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January 31, 2017, 08:08:33 PM
 #18

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

The best bot is the not which you manage by yourself.
Not basically an algorithm which do a looping and choose an option from algorithm wrote. The trend is always change everyday especially kind of bitcoin which fluctuate, if the not can't update it just will become a lose. Not basically a tools for makes your trade activity easier.
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January 31, 2017, 08:41:30 PM
 #19

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?
personally i dont use any yet... however i have used the QtBitcoinTrader provided by bter... loads incredibly slowly to get to todays information. C.A.T. trader seems to be quite good and used frequently, however i dont have a large enough BTC stash to make a license worth buying yet... also not enough trade volume.
all that being said, ive decided to start writting my own Smiley long way from release... but you may eventually hear about 'Hatchet Trader' Smiley

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February 01, 2017, 06:47:23 AM
 #20

It's better to use manual trading than bot trading
you can control your risk, recommended to use a manual trading.

what if you use some type of neural network bot that brings you 1000% return every month?  wouldn't that be pretty good?

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