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laredo7mm (OP)
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November 12, 2020, 07:01:13 PM
 #1

I know many members come to this forum who work in different bounties. There are many of them who trade with their earnings. But you can never make a profit without having good trading skills. Today I have this post for all those members. Today I will talk about a platform that will reduce the loss in your trading and increase the profit. I myself have got good results using this platform so I am sharing with you so that those of you who have made a lot of losses by trading can benefit like me before. I will not mention the name of the platform. I want to show you how to use it and my withdrawal proof first.

Screenshot 1: Look at the first picture I have withdrawn many dollars from this exchange a few times before. If you want, you can see the review on Google. Even I am still a regular user of this exchange.


Now let's come to this exchange there are even tools that can be used to make so much profit. This exchange is actually a bot dedicated exchange. Major exchanges like Binance do not allow any trading bots themselves. However, there are various 3rd parties who provide these bot services. But you have to pay every month to use those bots. But in this exchange, all those bots are giving away for free without any money. There are different bots that are suitable for use in different market conditions. Here I will give you a basic idea about all these bots.

Screenshot 2: In the 2nd and 3rd pictures you can see different bots of the exchange. I will now give you an idea about the main bots one by one.


Names of major bots:
1. Grid Trading Bot
2. Smart Trade Bot
3. Trailing Buy
4. Trailing Sell
5. DCA
6. TWAP


1. Grid Trading Bot: Grid Trading is a very popular trading method. In this method, the trader fixes the support and resistance levels for his bot in advance and orders of Buy and Sell are fixed in advance within this range. When a buy order below is filled up, a sell order above it is automatically activated. Here traders do not have to sit in front of the computer all day. The trader can do anything else by turning on the bot.

How to use Grid Trading Bot?

1. AL Strategy: The bot is programmed in such a way that it can automatically analyze the data of the previous 7 days of any market and find out its support and resistance level. At the same time, you can find out how many grids and how many dollars will be the most profitable. Just how many dollars you will invest, just click on Create and the bot will be created.


2. Set Myself: In this method, all the limits of the bot can be fixed automatically. For example, the upper limit marked 1 means resistance, and the lower limit marked 2 means support. The trader can fix the support and resistance level here. You will also be able to decide how many grids there will be in the marked 3rd place. The grids will be in the form of Arithmetic or Geometric. I will explain below what Arithmetic and Geometric work. You have to tell how many dollars you will trade in the place marked 4. If the trader wants, he can set the Trigger price in the box marked 5 and stop-loss price in the box marked 7, and close Bot at the price in the box marked 7 which is not done in AL Strategy.


Upper limit: means resistance.

Lower limit: means support.

Arithmetic: Through this, the gap between each grid will depend on how much the price of the coin fluctuates. For example, if the price goes up or down every 5% or 10%, it will be Buy or Sell. The% interval will be determined by the distance between the support and resistance levels and the number of grids.

Geometric: Through this, the difference between each grid will depend on how many dollars the price of the coin fluctuates. For example, if the price goes up and down for 5 or 10 dollars, it will be Buy or Sell The dollar difference will be determined by the gap between the support and resistance levels and how many grids there are.

Trigger price: The price of the coin will be determined by how many dollars the bot will be activated.

Stop-loss price: If the price of a coin goes down for any reason, the trader can fix a price in advance if he wants, where the bot will be closed.

close Bot at: If the trader wants, he can determine how many dollars the bot will close.

Trailing percent: With this tool, the Stop loss price can be raised and changed with the change in the price of the coin. For example, if the Trailing percent is given 3%, the price of the coin will increase and the Stop loss price will continue to rise. In this way, if the price goes down by 3%, the trade will be closed.

How to use Smart Trade Bot?

It is very easy to use. The trader has to fix the buy price in the box marked No. 1 first. You have to decide how much to buy in the box marked 2. Now the trader can set the sell order with the buy order and at the same time if he wants. To do this, you have to set the Trigger Sell price in box No. 3 and at the same time, if the price of the coin is% UP, the order can be fixed. If the trader wants, he can set the Trailing percent in the box marked 4 or he can directly use the Stop loss price tool in the box marked 5.



Example:
Suppose you want to buy BCH at the lowest price and set the sell order at the same time. If you set your order like this, Buy price 250USDT, Buy Quantity 1 BCH, Trigger sell price 270USDT, Trailing percent 3%, stop loss 240USDT. What happens, in this case, is that if the price of BCH goes to 250USDT then the bot will be launched and 1 BCH will be bought at the same time a sell order will be launched at 270USDT. Now if the market goes down further to 240USDT then BCH will be sold. And if the market goes up, it will follow Trailing percent 3%, and stop-loss will be below 3% of the market price.
      
Trailing buys: This tool is very convenient to use. The crypto market is very uncertain and its price cannot be understood in advance. It is often seen that market support goes down. Most traders want to buy at the bottom. You can do this using this tool. Here only Trigger price, Trailing percent and Investment amounts have to be fixed.


Trailing sell: You can sell coins at the highest price using this tool. It is often seen that the market goes above and beyond the resistance. Most traders want to sell at the top. You can do this using this tool. Here only Trigger price, Trailing percent, and Sell quantity have to be fixed.



I didn't say anything about DCA, TWAP, and Infinity Grid in this post because you need a lot of dollars to use these tools. Even then, if anyone wants to know, I will tell.


The name of this exchange is pionex. Do a Google search for the site. They also have an app on the PlayStore. You can use it without KYC. This exchange brings liquidity from Binance and Huboi. So there will be no problem with liquidity.
laredo7mm (OP)
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November 13, 2020, 12:17:11 AM
 #2

On the face of it, I find it quite interesting and worth studying if you can get clearer information from the OP.
because everything that can be profitable and produce the best deserves to be tried and learned. thank you

They have a blog site where they have explained every bot and how they work. They have also shared some already tested strategies for using those bot which is quite remarkable. You can check those from this link here: https://blog.pionex.com/   Also I forget to mention in my post-trading fees is 0.05% when Binance charges 0.1%. So the Trading cost is also low here.
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November 13, 2020, 12:15:35 PM
 #3

If this exchange is legit and they have these  kind of trading bots with very low trading fee and it's good.
The only problem here is traders should also learn how these works, they should not rely totally on the platform itself since for sure you will become a lazy trader if you will rely here.
And also I don't think this is a good platform for newbie traders or they will start use those kind of bots without any proper learning about basics of trading.
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November 13, 2020, 04:02:52 PM
 #4

quite interesting and very useful. I think it is worth checking where the platform is Smiley
because there are many things I can learn, one of which is using bots where many assumptions of trading with bots are less effective and honest, I am the one who has said that. After listening from the beginning of your conversation, my understanding of trading with bots has improved a little and I am quite interested. I will probably find information about this platform soon. thanks.

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istiak2277
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November 13, 2020, 04:40:21 PM
 #5

quite interesting and very useful. I think it is worth checking where the platform is Smiley
because there are many things I can learn, one of which is using bots where many assumptions of trading with bots are less effective and honest, I am the one who has said that. After listening from the beginning of your conversation, my understanding of trading with bots has improved a little and I am quite interested. I will probably find information about this platform soon. thanks.

It really looks useful, isn't it? I think this is a very good tool for an unpredictable market like crypto. I have checked their blog and their strategy. It looks pretty decent and useful to me. With a little bit of tweak, we can maximize our earning from trading and eliminate all those unnecessary losses we take.

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yohananaomi
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November 13, 2020, 07:30:23 PM
 #6

quite interesting and very useful. I think it is worth checking where the platform is Smiley
because there are many things I can learn, one of which is using bots where many assumptions of trading with bots are less effective and honest, I am the one who has said that. After listening from the beginning of your conversation, my understanding of trading with bots has improved a little and I am quite interested. I will probably find information about this platform soon. thanks.

It really looks useful, isn't it? I think this is a very good tool for an unpredictable market like crypto. I have checked their blog and their strategy. It looks pretty decent and useful to me. With a little bit of tweak, we can maximize our earning from trading and eliminate all those unnecessary losses we take.

as long as it is to help make it easier so that the predictions are not too wrong, there is nothing wrong with trying because I myself obviously only saw a cursory look and it looks like the features used are very capable and hopefully able to answer questions that may be needed most. it never hurts to always try every new system because it might match what we want to use.

cryptomaniac_xxx
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November 14, 2020, 07:44:59 AM
 #7

If this exchange is legit and they have these  kind of trading bots with very low trading fee and it's good.
The only problem here is traders should also learn how these works, they should not rely totally on the platform itself since for sure you will become a lazy trader if you will rely here.
And also I don't think this is a good platform for newbie traders or they will start use those kind of bots without any proper learning about basics of trading.

I have already said in my previous reply they have a full tutorial guide for all those blogs along with many already tested strategies to make a trade. Here you can check: https://blog.pionex.com/
The thing here is that the traders themselves are the test dummies here, to be able to say that "hey this is tested strategies", but how many users have lost their money before some tested strategies comes into play? And its good as long as it is making money for some, however, we all know that there's no one size fits all strategy in trading, it can only work at a certain period until it breaks down because the market has shifted.
Sterbens
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November 14, 2020, 06:45:27 PM
 #8


as long as it is to help make it easier so that the predictions are not too wrong, there is nothing wrong with trying because I myself obviously only saw a cursory look and it looks like the features used are very capable and hopefully able to answer questions that may be needed most. it never hurts to always try every new system because it might match what we want to use.
You are right, that trying new things is a challenge in itself, as well as providing experience and knowledge. I am also very interested, and this information needs to be disseminated. Meanwhile, to avoid unexpected things such as losses, the advice is to make a deposit at the minimum price first. if it is really reliable and easy to understand then feel free to add a deposit.

.
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crwth
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November 14, 2020, 06:51:11 PM
 #9

The integrated bot is relatively new to me in the exchange scene, knowing that they only always have the usual controls like a market price, buy, sell, and all the other buttons necessary to have the trades. Maybe they are trying to stand out by helping the members more to profit.

I doubt it will always profit because how can one profit if everyone is profiting? Someone should be losing, and I doubt it's going to be the exchange.

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November 14, 2020, 07:45:40 PM
 #10

The positive side is that you need to learn how there are support and resistance levels, and thus you are the one who determines how much you will win and how much you will lose, based on your experience, and the robot helps you to reach what you want.

The downside is privacy, who controls the currencies, and what are the powers that this application needs. Finally, you should be worry from any applications that have been added recently and offer many services with little fees should be wary of them.

Anyway, bookmarked and may give it a try
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November 14, 2020, 09:32:27 PM
 #11

The trading fees are low but the information is very limited on crpyot focuses forums, discussions. Maybe a 0.05% trading fee is attractive for traders who like to use the trading bots in daily trading but I didn't like the UI of the website. The withdrawal fees are the same as Binance: BTC: 0.0005BTC, LTC:0.0015 LTC, and 0.005 for ETH. I will try this exchange if there is no KYC requirement. BTW, where the parent company located?

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