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Author Topic: WHAT DO YOU THINK ABOUT TRADING ROBOTS?  (Read 415 times)
tibor
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December 10, 2017, 09:37:55 PM
 #1

I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?

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December 10, 2017, 11:17:32 PM
 #2

Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.

Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbot
https://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review

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December 10, 2017, 11:30:39 PM
 #3

I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?

itll be good if you can implement and develop a new trading bot just for cyrptocurrencies becauase most people thesedays are prefered to trade using crypto rather than stock/forex because its obvious that cryptocurrencies are much easier to understand and manage while much profitable at the same time but as the other guy said , there were now many bots invented out there that can be used when trading crypto and i think some people are still prefer to trade manually to ensure that they are doing it correctly because human brains are still accurate and more intelligent when compared to some a.i and robots
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December 10, 2017, 11:37:34 PM
 #4

I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?

Actually i never use robot in cryptocurrency and also binary option trading.
I dont use robot since i dont believe with robot to manage my portofolio.
I know some good robot can make us profit but i dont why i dont believe it.
I think robot is just helper and need a expert trader too to manage the setting and strategy input in robot. Withouth good trader and robot will not work very well. Thats just opinion.

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December 10, 2017, 11:42:45 PM
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Already bots are used in trading crypto currencies.They have many advantages.Human error could be avoided like typing 0.01 instead of 0.1.They could place sell and buy orders at very high speed which is not possible by humans if done manually.But they still need a little human supervision.

Also,it has some disadvantages too.In case of internet connection loss,they would not be able to process the orders and human supervision is needed at such times.

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tibor
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December 10, 2017, 11:55:17 PM
 #6

Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.

Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbot
https://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review

Thanks for your answer, this information has been very useful!

tibor
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December 10, 2017, 11:57:43 PM
 #7

I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?

itll be good if you can implement and develop a new trading bot just for cyrptocurrencies becauase most people thesedays are prefered to trade using crypto rather than stock/forex because its obvious that cryptocurrencies are much easier to understand and manage while much profitable at the same time but as the other guy said , there were now many bots invented out there that can be used when trading crypto and i think some people are still prefer to trade manually to ensure that they are doing it correctly because human brains are still accurate and more intelligent when compared to some a.i and robots

Good to hear that some people is really interested on trading bots, I´m currently working on something that it´s going to be really interesting, but at that moment I´m improving the code to ensure it´s a good product!

Bukx
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December 11, 2017, 12:03:00 AM
 #8

Already bots are used in trading crypto currencies.They have many advantages.Human error could be avoided like typing 0.01 instead of 0.1.They could place sell and buy orders at very high speed which is not possible by humans if done manually.But they still need a little human supervision.

Also,it has some disadvantages too.In case of internet connection loss,they would not be able to process the orders and human supervision is needed at such times.

So robot also need person as trader to manage the robot.
Robot will not working properly if the trader is newbie or beginner.
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December 11, 2017, 12:20:33 AM
 #9

It is interesting to have arbitrage bot for some trading pairs especially when the market rising/falling really fast. Because it leads interesting possibilities like few days ago with some pairs. Wink



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December 11, 2017, 12:24:34 AM
 #10

Generally i am very apprehensive when it comes to using bots for trading, even though I know some people who have written their on scripts and done very well from it. I do not like the idea of not being in control of my own funds  Cry

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December 11, 2017, 12:39:25 AM
 #11

not bad but hard to play it, like Gunbot is very good if you are a professional

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December 11, 2017, 12:45:59 AM
 #12

Trading robots are useful tool to help us trading easier
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December 11, 2017, 01:15:41 AM
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Trading robots are useful for traders in order to make trading easy, however before you use it, i sugget that you study trading first, you arr still the one that is going to make the decision, if you do not understand how trading is you might end up regretting having the tool, just make sure you have the knowledge first and do not rely on it, though it will really help you on trading.
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December 11, 2017, 02:08:28 AM
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They are very annoying and should be forbidden, best way to slow down a very good project because of stupids people too greedy and lazy
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December 11, 2017, 02:41:55 AM
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i never think about that stuff, i still believe that human brain is greater than robot, eventhough there are some advantages, it's automatically and absolutely i do agree with you that robot is only for lazy people. however the great a robot, there also any disadvantages, you dont know what can be happened in the next day whether there any error or something else, actually robots are only for busy people who have no time in their real life and they absolutely lazy people.
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December 11, 2017, 02:57:36 AM
 #16

I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?

I don't know with forex but I am using free trial of that robot for the cryptocurrency. in my opinion, if we don't know how to use a robot then we cannot make any profit and its the same as we trade with blind info.

I know a few samples of the robot for example gunbot from gunthar, cats from sampey, quatloo, cryptotradingview, and else. and like I said before, we need to learn how to use the robot so we can get maximum profit.

the advantages of robots that I've used is I just set up the robot, make a number buy or sell that I want and then I let the robot run in the vps. I only check once or twice a day to see the robot is doing a good work.

the disadvantages are sometimes the robot missed the right time to buy and sell so I need to do by myself.

but now I think it is better to trade without using robot because I can analyze by myself and I can increase my skill in trading so I can try to get the profit and it feels satisfied for me.

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December 11, 2017, 03:07:19 AM
 #17

Bot is good idea to start the tradimg but at least you know the basic of trading and how to operate the bot.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.
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December 11, 2017, 06:39:20 AM
 #18

Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.

Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbot
https://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review

Thanks for your answer, this information has been very useful!
Your welcome but still if you want to be successful in trading whether you'll use bot or not don't forget that trading manually exists. Each trader here started their career with trading through manual and this is what I prefer though there are some people who are also good with using bots but it's all of your choice.

They are very annoying and should be forbidden, best way to slow down a very good project because of stupids people too greedy and lazy
It's annoying if you don't know how to use it properly, actually they are useful and very convenient once you used to it.

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December 12, 2017, 11:00:12 AM
 #19

Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.

Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbot
https://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review

Thanks for your answer, this information has been very useful!
Your welcome but still if you want to be successful in trading whether you'll use bot or not don't forget that trading manually exists. Each trader here started their career with trading through manual and this is what I prefer though there are some people who are also good with using bots but it's all of your choice.

They are very annoying and should be forbidden, best way to slow down a very good project because of stupids people too greedy and lazy
It's annoying if you don't know how to use it properly, actually they are useful and very convenient once you used to it.
I`m agree you should be trading for long time, i have been trading since 10 years in forex creating my algorithms but now i find much more interesting cryptomarket.

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December 12, 2017, 11:01:14 AM
 #20

Bot is good idea to start the tradimg but at least you know the basic of trading and how to operate the bot.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.

Completely agree 1st create your strategy 2nd create the algorithm

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