Trading bots

[alko89]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

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[Tytanowy Janusz]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

The only possible way to success in trading with bot is to get API from exchange and write your own bot and modify it according to market situation. But it will alwais be 2 step forward, one step back, code modification, 2 step forward, one stap back.

Ive tried this but i found it just not suitable for me. I would rather spend day on trading than day on changing code, 2 days on checking each hour if bot is earning and than 1 day again on code.

[alko89]

I know you have to use APIs, thats what the bot was using. I thought I might modify it for my needs, but when I saw the way it works. I figured there was no way to make it work well when the market goes up and down like nuts.

It would work ok now when the market is (kind of) stable. But would have to shut it down when the market gets crazy like it was half a year ago.

[nydiacaskey01]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

Try to follow the thread of the Gunbot https://bitcointalk.org/index.php?topic=1715214.0 and you will see posts of known forum members there giving feedback about the Gunbot.  There's another one which is known as Profittrailer here's the link to the thread https://bitcointalk.org/index.php?topic=2274298.0. I am more interested with the Gunbot as the developer of this bot is very responsive and the development of the Bot is continuing.

[alko89]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

Try to follow the thread of the Gunbot https://bitcointalk.org/index.php?topic=1715214.0 and you will see posts of known forum members there giving feedback about the Gunbot.  There's another one which is known as Profittrailer here's the link to the thread https://bitcointalk.org/index.php?topic=2274298.0. I am more interested with the Gunbot as the developer of this bot is very responsive and the development of the Bot is continuing.

Thanks for sharing this. I will definitely check them out! Do you by any chance know for an open source bot similar to those two?

[Bitcoin_Makers]

Better not use trade bots to trade on the crypto currency market. Bots very quickly become obsolete and stop profiting their owners, so it's better to learn to trade using my knowledge.

[ncn1992vn]

Don't be too confident in the bot trade, it can cause you to lose 90% of your account without your password
The most recent case is the BNB and a handful on HitBTC has led users to lose a lot of their money

[asyakashi]

very disappointed, bot does not help anything in the trade.
this is just a waste of time and unprofitable.
but I am paranoid, all the decisions and beliefs, please take a good decision for your trade.

[valheru]

There is no good trading bot yet, so I don't suggest you use a trading bot. I have tried a few bots and I don't like it. if people do trading with their own hands, that will give more confidence to the trader.

[alizalela7]

What is your transaction program? You can say what you can have so that we can have opportunities so that we can have more valuable deals as well as more potential.

[waqasniaz007]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

If bots make money or give profit than everyone stop learning technical Analysis and start buying bots.  There is no easy way to make money.  Go and learn something.

[alko89]

Go and learn something.

Don't worry I am that's why I'm interested in open source bots (should have been more specific). And would also like to know what people here are thinking about bots in general.

I have read in some comments here where people saying the exchanges are run by bots. But I had a hunch this is not exactly true. Even a very smart neural network would probably not be able to predict fluctuations like that...or would it?

[Aveatrex]

Go and learn something.

Don't worry I am that's why I'm interested in open source bots (should have been more specific). And would also like to know what people here are thinking about bots in general.

I have read in some comments here where people saying the exchanges are run by bots. But I had a hunch this is not exactly true. Even a very smart neural network would probably not be able to predict fluctuations like that...or would it?

I don't think there is decent trading bots open source most of the good ones cost a fee (not that expencive I believe).But in my humbe opinion bots are not that useful if you are not already a good trader;it surely helps but it won't make you rich out of air,skills are required no matter what.

[Slash61]

It's risky to rely on bots in crypto trading because it's so risky that crypto markets are not as easy as other stock markets, it's better to trade yourself to put all your money better, become more confident, many people fail by depending on the bot then do not let you lose too much better with trust and technical analysis by your own head.

[nydiacaskey01]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

Try to follow the thread of the Gunbot https://bitcointalk.org/index.php?topic=1715214.0 and you will see posts of known forum members there giving feedback about the Gunbot.  There's another one which is known as Profittrailer here's the link to the thread https://bitcointalk.org/index.php?topic=2274298.0. I am more interested with the Gunbot as the developer of this bot is very responsive and the development of the Bot is continuing.

Thanks for sharing this. I will definitely check them out! Do you by any chance know for an open source bot similar to those two?

None that I know of but try this one from this thread https://bitcointalk.org/index.php?topic=1379538.0 , I have not used it or tried it yet but using Tradingview as a bot is very much interesting, however, not much replies on that thread, I assume that there is somewhat a problem because if this is indeed a good alternative, that thread should have reached a few pages.

[elpape225]

OptiToken gonna open around $6 or $7 on C2CX

[ethereumhunter]

I only know two bots that really work, the bot is gunbot and cat. these two bots will work well only if you know how to use it. but unfortunately, this bot is not free and you need to buy but after you learn about how to use the bot, you can make your own profit. and the best is you can add your bot in VPS so you can trade automatically without worry about anything. but still, I prefer to do manual trading and not using the bots because we need to always check the setting for the bot and if we are missed one set, we cannot make any profit. but it is up to you and it is better you ask the dev.

[richjohn]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

The open source trading bots aren't that effective when it comes to highly volatile market as that of cryptos. Also, market is highly manipulated, therefore, trading bots often miss the future trends. I won't suggest anyone to completely rely on trading bots in crypto trading. It is better to take help from trading bots and apply your own reasoning before executing a trade.

[BrewMaster]

using a bot successfully requires two important things first.
1. it needs you to know how to trade. which means you should know how the market works, when to get in and out of the different coins in each market and a lot of other small and big topics that you need to know first. in short you should have a lot of trading experience.
2. it needs you to know how to use the bot. this is easy to learn and will not take that much time. you can test it a little, see what features it has and then use it with bigger amounts or real money. bots aren't just an automatic thing you click start to give you money. you still need to work on them and set them in the right direction so that you can make profit.

[alko89]

Hi everyone

I would like to know is anyone really using bots for trading? I have tried some bots from Github in the past, but mostly just lost money with them (mostly because I was using them In the bull run and the bot didn't konw how to handle high jumps accordingly, making me lose money).

It seems bots are fine for stock trading since they are more stable and predictable, but mostly fail for crypto trading.

So is anyone really using bots for trading crypto? What software are you using? Did it ever screw you up with a trade?

The open source trading bots aren't that effective when it comes to highly volatile market as that of cryptos. Also, market is highly manipulated, therefore, trading bots often miss the future trends. I won't suggest anyone to completely rely on trading bots in crypto trading. It is better to take help from trading bots and apply your own reasoning before executing a trade.

Yup, that is exactly what I thought. No bot is capable of trading well in a market like that. Be it open source or proprietary.
I think the best way to run a bot would be to run in while the market is calm like now and shut it down when the prices start going wild.

using a bot successfully requires two important things first.
1. it needs you to know how to trade. which means you should know how the market works, when to get in and out of the different coins in each market and a lot of other small and big topics that you need to know first. in short you should have a lot of trading experience.
2. it needs you to know how to use the bot. this is easy to learn and will not take that much time. you can test it a little, see what features it has and then use it with bigger amounts or real money. bots aren't just an automatic thing you click start to give you money. you still need to work on them and set them in the right direction so that you can make profit.

I agree with both of your statements. The bot should behave in a similar way than my trades done by hand. And It kind of does. But even I don't know how to handle times of high volatility in an optimal way...guess I have to figure this out first.