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Author Topic: Which Trading Bot do you use ? Are you glad from it And Is it Safe ?  (Read 336 times)
mete80 (OP)
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March 09, 2019, 04:04:12 PM
 #1

I'm searching to use a easy - user friendly, cheap and most secure Trading Bot for my Binance Trading.

Most important things are Price and Security for me. When I search on internet a bit, I found that comparison site and learnt a new one bot existence that is "TrailingCrypto Bot" .

https://blog.goodaudience.com/trailingcrypto-vs-3commas-vs-cryptohopper-vs-coinigy-trading-bots-comparison-f6f4101341c7

When you enter the official site of TrailingCrypto Bot (https://www.trailingcrypto.com), there are 2 options. First option is FREE to use has handicap. 2nd is paid. But I cound't any information about this bot on internet except of above site. Does anyone use this bot ? Is this safe ? Also i wonder that question i asked in subject. Let me have your comments please.
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March 10, 2019, 03:43:04 AM
 #2

I never heard about it, but if you're looking for some famous bot that is more or less considered good by people in the forum, maybe GunBot or Foxbot is your choice. You can also try Zenbot, Gekko, or other free bot that's more or less enough for day trading on Binance. You can even set up your own indicators.

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seramania
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March 10, 2019, 05:12:09 AM
 #3

I don't use trading bots, but I've seen my friends use trading bots that are safe and maybe there is actually a risk but I don't pay attention to that.

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stomachgrowls
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March 10, 2019, 05:16:10 AM
 #4

Never heard such Bot yet i dont really tend to make use of bots when doing trading but well we do have our own choices.I cant really say that it is safe but just be careful
on what you are downloading online.If you do still have doubts then better go for popular ones being used by most bot traders and last tip, i dont see for those premium or paid things
to be worthy.

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maydna
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March 10, 2019, 05:50:10 AM
 #5

It seems the bot is still a new bot, I never heard or used that bot. I only heard about Gunbot, CAT, which is a good bot for trade. But if you are new in trading, my advice is you need to learn the basic of trading first, so you know how to set the bot to run. I don't think that the bot can follow the market especially if you cannot set with the right instruction.

I am curious why you want to use the new bot while there is recommended bots you can find here?

It is still better to use manual trading than to use bots because you can learn more about trading, besides that you can improve your skills in trading which will be useful for yourself.

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Bitcoin_Arena
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March 10, 2019, 07:01:18 AM
 #6

Given that it was talked about in November last year... that pretty much feels like it's still new so you won't get many reviews about it. If I were you, I would ignore it and go for more popular trading bots like Gunbot.

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kleshovab7
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March 10, 2019, 09:11:23 AM
 #7

To use a trading bot you need to understand what it does.
Sometimes it needs to be adjusted. Otherwise, losses are inevitable.
I don't know anything about the above bot
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March 10, 2019, 09:23:27 AM
 #8

If you are tech savvy and you don't mind programming your own strategies (or you can use some freebie strategies other people have made for gekko) I would recommend Gekko: https://gekko.wizb.it/ It is an open source trading platform for crypto trading. You might have a little bit of problems to install and set everything up, but once you do, it's great and it doesn't cost money to run it. It has support for Binance and other exchanges as well.
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March 11, 2019, 12:24:09 PM
 #9

In the past i tried:

crypto-php.com and tradesanta.com!

Last is free to use and the most user friendly i saw until now. Both have a decent customer support and help with every question.

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March 11, 2019, 12:49:58 PM
 #10

Trading bots were good for traders who get into continued buying and selling making use of even the small profit margin. Every trading bot won't be that effective, as I prefer trading at times marking a low buying and increased selling price after weeks or months it is good to be into common form of trading. Bots always won't give expected output as traders expect.

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March 11, 2019, 01:05:05 PM
 #11

I never used any bot for trading,
I think it is better to do it manually rather than rely it on bots,
You should always remember that you should LEARN before you EARN,
And by using Bots you wouldn't learn anything.

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March 11, 2019, 01:09:45 PM
 #12

I'm searching to use a easy - user friendly, cheap and most secure Trading Bot for my Binance Trading.

Most important things are Price and Security for me. When I search on internet a bit, I found that comparison site and learnt a new one bot existence that is "TrailingCrypto Bot" .

https://blog.goodaudience.com/trailingcrypto-vs-3commas-vs-cryptohopper-vs-coinigy-trading-bots-comparison-f6f4101341c7

When you enter the official site of TrailingCrypto Bot (https://www.trailingcrypto.com), there are 2 options. First option is FREE to use has handicap. 2nd is paid. But I cound't any information about this bot on internet except of above site. Does anyone use this bot ? Is this safe ? Also i wonder that question i asked in subject. Let me have your comments please.

Here you can read a summary of Crypto Trading Bots.
Pros:

– Saves time by automating deposit/withdrawals and creating orders

– Provides effective stop-loss functions through predetermined high/low price levels

– Traders do not need to download and analyze vast market data.

– Bots help avoid emotional trading

Cons:

– Some bots are complex to set up, which is time-consuming

– Profitable bot trading requires regular monitoring and maintenance of set instructions
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March 11, 2019, 02:09:37 PM
 #13

Here is a custom trading bot I built you can download for free.  It gets all Binance data from all 400+ pairs since the launch of Binance, and creates indicators like MACD, RSI, MAs, and then stores it.

https://stadivm.com/threads/binance-data-scraping-script-2019-all-pairs-data-since-launch-of-binance-automatically-builds-macd-ema-bolls-rsi-and-mas-stadivm.153/
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March 11, 2019, 02:25:52 PM
 #14

I used Gunbot for some time with decent results, but in the end I stopped using the bot because it still did require some maintenance to keep making a profit and I prefer to manually make trades. Setup also takes some time and it isn't as simple as you might think.

I haven't ever used a free trading bot as I'd much rather use one that has reputation and has been around for some time, though I'm sure there are good free bots out there too.
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March 11, 2019, 03:38:04 PM
 #15

I used trading bots in the past without any form of success, I thought that actually made things better or increase trading success, but they don't, it's just an automated form of trading.
Many trading bots are scams, so be careful when selecting the one you decide on, but imho, manila trade is the best option

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March 11, 2019, 04:07:26 PM
 #16

I was waiting for Signals Beta release, it looks great! Currently you need to have some coding knowledge to create custom strategies (if not, you can always follow some from the marketplace), but the potential is huge.

Basically as a developer you can now just create strategies and not care about anything else, since it's on cloud and they give you data, indicators + backtesting tool. Really cool  Smiley

Anyone tried it yet? Here is the link: https://app.signals.network
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March 11, 2019, 04:31:33 PM
 #17

I never heard about it, but if you're looking for some famous bot that is more or less considered good by people in the forum, maybe GunBot or Foxbot is your choice. You can also try Zenbot, Gekko, or other free bot that's more or less enough for day trading on Binance. You can even set up your own indicators.
Have heard about gunbot but never use it before. How genuine or good are service of the not you mentioned because the last time I checked ones need to pay some certain fee in other get an active crypto trading bot which will bring good returns.

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March 11, 2019, 08:18:03 PM
 #18

In recent years, the use of trading bots is not very good or reputation has declined because many users are not satisfied with the results obtained or lost, maybe it's because using trading bots that are not as famous as others, I never use them, it's better to use them manually with calculated analysis to be able to feel your strengths and weaknesses to learn more about correcting flaws, using bots is not as easy as your mind because there are several systems that must be managed to work properly, the most important thing is to choose a trusted trading bot because it has high security .
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March 11, 2019, 09:35:50 PM
 #19

In recent years, the use of trading bots is not very good or reputation has declined because many users are not satisfied with the results obtained or lost

Are you kidding me? Algorithmic activity has exploded in the last 12 months and that for a good reason.

People have only themselves to blame for when it comes to having high expectations with shitty bots that aren't built from scratch to do whatever you want. It really seems that people think that a bot should guarantee them x percentage of passive income on a daily basis. That's not how things work, not even on wall street. The best bots could lose for days straight, but scoop up enough profits to end the month well in the green.

Don't forget that if you buy your bot from whatever site, that the same bot is being used by thousands of other traders. A small number of these bots will end up making profits, while the majority of these will continue to be too late because there just isn't enough depth in the books to also profit.
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March 11, 2019, 10:22:16 PM
 #20

Very good trade bot trade-mate. This is not even a bot, but a whole service for automated trading. I use it, I really like it. Here you can also earn on signals. If you are an experienced trader, you can give signals to others and make a profit from each successful transaction.

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