How do you trade? At the exchange? Platform? Bots?

[Superalgos]

Hey!

I've been trading crypto manually for two years, but an open-source project I work with just released a platform that allows non-coders to automate their strategies, so I'm now using my own bots to trade: they do exactly what I tell them to do, as they implement my own strategies. You can watch a 2-min video showing off the app here: https://youtu.be/uhzflZWB7dc

I wonder how many traders here are still trading manually… There are so many advantages to having a bot trade for you! Of course, you can't just have any random bot following any random logic!

A trading bot should be your assistant not a sociopath trying to push you into bankruptcy   or doing whatever someone else programmed it to do!  

So tell us... how are you doing your trading?

Feel free to tell your trading story too!

[1714671362]

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[1714671362]

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[1714671362]

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[1714671362]

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[jostorres]

Number one and two looks very perfect to me because that is the area where I fit in, I am into both because I have learnt never to cast my eggs in one basket, and I think that it is better to rely on more than one exchange.

Right now in my trading, I trade in better trading platform with great tools than I trade on my exchange, although I trade my exchange also, but very little because of the issue of having to keep money on an exchange because as a trader using exchanges, you will have no choice than to keep your money on them. I am also a holder, like I said earlier on, it is better to diversify in every business, so I keep my money into a wallet for holding purpose while at the same time I use part of my investment to trade on these trading platforms.

[ayoubouni95]

I just responded 'No, I'm hodling' but would like to trade more often using a platform that would be easy to use for new traders and since I've recently learned how to code using Python, I'm planning to code my own trading bots too to automate trading with the platform I will be using. I started out manually trading directly at Bitfinex and will be trying out Binance next before researching on what trading platform would be best suited for my skill set.

[Oilacris]

Hey!

Do you ever wonder how many traders roam around the Trading Discussion section?

Let's help clear that out with a quick vote!

Feel free to tell you trading story too!

I chose

Yes, I trade on my own placing orders directly at the exchange, manually

And using up on-exchange indicators.I didn't tend to use any bots even though I'm away from my pc.
Manual trading is always the best for me.

[toantrinh]

I use arbitrage bot for trading between exchanges

[rose9696]

Hey!

Do you ever wonder how many traders roam around the Trading Discussion section?

Let's help clear that out with a quick vote!

Feel free to tell you trading story too!

I started trading 2 months ago and I was instructed by a brother to make transactions. indeed, I was always overwhelmed in the early days when my eyes always had to look at the jiggling charts for hours on end.
This really makes me headache and tired, but the achievement that I have done in the past 2 months really makes me happy.
I set a goal of 2% successful trading every day, after 1 month my portfolio reached 60%. That's how I started trading.

[Superalgos]

I first got interested in trading Forex, around 2009, educated my self on the very basics, but I never passed the point of playing with paper-trading, which may have been a wise choice back then.

Then I started trading crypto in 2017, with the very basic education I had acquired back in the day... so I probably made all the mistakes you can make, out of pure ignorance, of course, at the cost of loosing money. Then I started reading, and fortunately had access to very knowledgeable traders from whom I learnt a lot.

Now I'm working with an open-source project building a trading bots platform for non-coders... And that's what I'm using for my own trading now.

[evgenia_volkova]

I trade manually by myself at the exchange. I feel comfortable trading by myself rather than bot or other platform.

[pieppiep]

Hey!

Do you ever wonder how many traders roam around the Trading Discussion section?

Let's help clear that out with a quick vote!

Feel free to tell you trading story too!

We don't know how many traders roam because I guess not all traders want to show they are traders or not. I feel I am not a pro trader because I often make a mistake and not only make a profit. I don't use most of my time to trade because I have another activity, but I am trading in daily and weekly, but that depends on the market moves.

I trade on binance, bittrex because I see that those exchanges have a good volume and sometimes the price can increase and decrease in anytime. I don't use bots to trade because I want to improve my skills by trading in real-time. Besides that, I feel it's too difficult to set the bots to run as I want, and I don't feel right to use the bots.

[Ucy]

I do multiple things on your list... I really don't think it's a good idea to reveal exactly how I trade. So I won't really vote. I don't want to be dishonest with my vote. Wish you didn't include some of the things on your list.


I definitely place my orders directly on  exchanges. I also trade on a single platform that allows trading multiple exchanges one place.

[GreatArkansas]

Are there really some traders who are coding their own bots for trading? Maybe there are only few of them.
I am really favor in trading bots since then, I am doing manually trading, placing my own orders and taking profits manually, so I can learn to trade as time goes by.

[nydiacaskey01]

Dont be surprised if those who posts here are not really traders but just posers who pretends that they are really traders. Some will just post here for the signature that they are wearing but ask them technical questions about trading, they have no knowledge, just the basics. I am not an expert in trading, but I am the type of guy who is willing to learn and spend money to learn and earn.

[pixie85]

Like the majority here I trade by manually placing orders on exchanges. I see it as the most efficient way of trading. I don't trust third parties that could do it for me and I don't trust bots so manual trading is all I have left.

It works out fine so I have no reason to change anything.

[Superalgos]

I do multiple things on your list... I really don't think it's a good idea to reveal exactly how I trade. So I won't really vote. I don't want to be dishonest with my vote. Wish you didn't include some of the things on your list.


I definitely place my orders directly on  exchanges. I also trade on a single platform that allows trading multiple exchanges one place.

I understand traders not revealing their strategies or even their approach to trading, but still find intriguing that you wouldn't even say if you use a platform or any form of automation. Would you elaborate on the reason not discuss such general type of information? It also intrigues me that you wish I hadn't include some of the items in the list... did you find something offensive?
 

[djkyno]

I am trading directly at the exchange, manually. It is the best and the safest method of trading and the risk is much lower than using bots or giving the funds to someone else to trade. Trading directly at the exchange will also build your experience and it is helping to avoid big loses.

[ryzaadit]

I do trade by my self.

Honestly, I really love trading with a small capital cryptocurrency, I can use a FA for the trading activity pretty easy to use only to do research about :

• Project
• Team
• Volume Trading
• Spread Order
• Wall Order
• Have some a good target of about 30/50/70%

I really don't trust bot, because already see/hear the problem using a bot trading. A month ago, I got a good profit from a stupid bot at IDEX. The order book bot always moving every time we put an order above him because of that, i make a fake order with a gap around 180% from other market and get a good profit because of the stupid bot.

[Bugatti73]

I am trading with hands and also I'm a holder, actually bots are useful but can be very riskly.

[RealMalatesta]

Like the majority here I trade by manually placing orders on exchanges. I see it as the most efficient way of trading. I don't trust third parties that could do it for me and I don't trust bots so manual trading is all I have left.

It works out fine so I have no reason to change anything.

Better for you because that is the wisest thing to do, to trade yourself is still the best bet in having a more reliable trade, when you rely too much on one of these bots, they might eventually fail along the line, although from the beginning they might be effective, but it is like they are cursed to break down along the middle, while human intelligence when out into trading will never do that as long as we acquire the technical skill and strategy to do so and make the trade  successful one.

One other one that i don’t follow at all is the one they call signal, and how can my fellow person be giving me signal when I can also study and learn to develop my own personal signal that I can rely on without doubting the quality of such signal.

[princerepon]

Hey!

Do you ever wonder how many traders roam around the Trading Discussion section?

Let's help clear that out with a quick vote!

Feel free to tell your trading story too!

I never prefer bot for trade no matter how much easy and greedy it is. Of course i trade on my own placing orders directly at the exchange, manually. Because all i believe if i do it my self and i face to loss though then it's ok for me, cause at least i can learn from my mistakes. But if i trade listen from bot or another people or bump dump group there is nothing i can learn not even my own mistakes.

[Reid]

Wow.
I voted and then shocked at the results.
I didnt know a lot of users here are the same as me.
Yes, I do it manually. The hardcore manual trading.
Monitoring every 30 minutes and then selling when I am happy with the profit.
I tend to get greedy at some point but $100 and I am fine to take it.
Let it marinade again then buy back. Or? I would be trading using another coin.