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Author Topic: Do you use a trading Bot?  (Read 1148 times)
MCobian
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July 15, 2020, 11:49:31 PM
 #141

I don't want to say trading bot is bad to use, but I choose not to use it. Because in my opinion manual trading is still the best for me.
To be honest, I have no luck with trading bots, I've tried various trading bots, ranging from free to paid. In the end it always fails if
used for long term, I even lost all of my capital because I used a trading bot. So I have a conclusion trading bot is not for me.





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brotherwood12
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July 16, 2020, 05:46:15 PM
 #142

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
It seems to me that for a long time it will be difficult to achieve the effect of artificial intelligence from sales programs. I do not exclude that such work is being carried out. but the classic way of trading is relevant and safer.
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July 16, 2020, 08:24:25 PM
 #143

I don't want to say trading bot is bad to use, but I choose not to use it. Because in my opinion manual trading is still the best for me.
To be honest, I have no luck with trading bots, I've tried various trading bots, ranging from free to paid. In the end it always fails if
used for long term, I even lost all of my capital because I used a trading bot. So I have a conclusion trading bot is not for me.
That was an unfortunate conclusion because if you are going to ask me, a trading bot is good especially when you aren't watching or monitoring the market. But if you don't know how to set up this, that's your problem and I may advise not to use trading bot if you are completely newbie in trading.

But that is a big mistake if you will use free trading bot, that sevice cant performs perfectly in trading. It is better to manual trading than use the free service of trading bot.

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July 16, 2020, 08:56:13 PM
 #144

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July 17, 2020, 06:27:41 AM
 #145

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
I never been into trades using trading bots because it is much preferable to trade manually. I won't trust any trading bot without properly understanding how they works. Though I believe that they do have some advantage like advantage on emotional and decision making(sometimes), they are programmed according to data given to them so there are no hesitations that will happen. Trading bots should have capabilities to constantly learn from lost trades.

Trading bots are not artificial intelligence involved, so they are not going to think on their own they will just execute the trades without need of our actions all the time, which is very much needed for someone who trade more often but if we are not going to be a full time trader then better look at the market manually and analyze it at the current time to execute trades so you may get more profits on single trade itself.
Trading bots are Artificial Intelligence because they are based on where they were programmed; that is why Trading bots work based on reacting to the market. But trading manually is much better than automated trading because depending on our strategy has more chance to give us a successful trade, instead of using trading bots because it is only good managing our portfolios while we are away.
I think you need to know the real meaning of artificial intelligence, if we need to call something as AI then it should have the decision making ability on the own based on the situations but bots just execute the trade orders based on our criteria so its just a bot and it will do what we set them into.

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July 19, 2020, 09:10:08 AM
 #146

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
It seems to me that for a long time it will be difficult to achieve the effect of artificial intelligence from sales programs. I do not exclude that such work is being carried out. but the classic way of trading is relevant and safer.

Yes, within the case of business it's easier to try to move together with your own intellect. This increases both our knowledge and knowledge Bots often put you in danger Unable to know the increase and fall of the market repeatedly.
Using a bot makes the trading process easier for us, and periodic ones increase the loss of money. Because sometimes it's better to stop and analyze the market.
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July 19, 2020, 10:22:21 AM
 #147

Using a bot makes the trading process easier for us, and periodic ones increase the loss of money. Because sometimes it's better to stop and analyze the market.
Because, bots cannot switch over to different algorithm or strategy based on market conditions and level of fluctuations. This is the reason is you are continuously making trades with the help of bots, then there will be more chances for big losses. Instead of stopping bot and taking time for analyzing market, why not you go for manual trading which must need a better way to trade profitable as per many people's opinion here.

a trading bot is good especially when you aren't watching or monitoring the market.

Yes, bots should be engaged only for the limited purposes like you have mentioned for monitoring and making reports on market volatility. Because, if we are doing the same then that will consume lots of time and in order to save time we may use bots just like most other trading tools to improve efficiency.

if you will use free trading bot, that sevice cant performs perfectly in trading. It is better to manual trading than use the free service of trading bot.

When paid trading bots itself not performing well across market conditions then how we should believe into a free bot against our hard earned capital. It is ridiculous to risk our capital with free bots Shocked.

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July 20, 2020, 01:47:59 AM
 #148

I don't want to say trading bot is bad to use, but I choose not to use it. Because in my opinion manual trading is still the best for me.
To be honest, I have no luck with trading bots, I've tried various trading bots, ranging from free to paid. In the end, it always fails if used for the long term, I even lost all of my capital because I used a trading bot. So I have a conclusion trading bot is not for me.






It is not bad that's true, but trading is also not giving 100% profit to everyone mate real talk only.
Though to some of the individual traders, it may help them but majority is not. Because in my own little way
if it is really profitable tools why not all traders must use this trading bot? just asking.
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July 22, 2020, 08:36:49 PM
 #149

I don't trust bots and I don't use them. To my opinion they can't help you make the profit and they can only be used for fun, not serious trading. I know that traders try to find different methods and tools that could make them trading easier and more profitable but bot is not one of them. There is no shortcut to successful and profitable trading, you need to work hard on that.

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July 22, 2020, 09:16:19 PM
 #150

Sometimes I use Bot, it helps me to speculate the market situations and calculate the stop-loss value, Bots are helpful to reduce trading losses. I am busy with various things, I can't always sit in front of the market, that's why Trading Bot are helpful to me. You have to know how to set the parameters properly and how to use Bot, It is better not to use Bot at beginner level.

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July 23, 2020, 08:16:44 PM
 #151

I don't trust bots and I don't use them. To my opinion they can't help you make the profit and they can only be used for fun, not serious trading. I know that traders try to find different methods and tools that could make them trading easier and more profitable but bot is not one of them. There is no shortcut to successful and profitable trading, you need to work hard on that.
For fun? I disagree. Bot is a tool and can be used and also can be profitable depending on traders setting.I dont know on why you do badly had that kind of comment or insight towards bot but it isnt really that bad
as you described it of.

For now ive been using Bot when im busy and of course you do need to set it according to your likes on how the bot should perform which simply means it is built for automation not a
money making machine on where most people do believe on.

Manual or Automated it all matters or does depend on someones preferences.

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July 24, 2020, 04:24:25 PM
 #152

I don't trust bots and I don't use them. To my opinion they can't help you make the profit and they can only be used for fun, not serious trading.
Trading bot are not intended for fun because trading bot are specifically intended to help trader carry out trading activities automatically. Trading is not a game like gambling, although when we feel happy when we get a good profit but trading is not a good place to have fun and it must be taken seriously. Sorry if I misunderstood your point.

I also dont use trading botsl in my trading activitie because I dont need them. I dont have many order every day, I also dont have many asset that can be traded at any time because I only have a little capital for trading activities. Due to limited time and capital, I do not trade every time that requires me to use bot and so far I have only done it manually. I think the use of trading bot must be adjusted to the needs of trader, especially time, volume traded and also the number of order to be made. If all three are in small quantities then I think trader dont need bot even though they have never been prevented.

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July 30, 2020, 05:33:55 PM
 #153

I use CryperBot. My result is +20k$ in two month
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July 30, 2020, 08:57:23 PM
 #154

I don't trust bots and I don't use them. To my opinion they can't help you make the profit and they can only be used for fun, not serious trading.
Trading bot are not intended for fun because trading bot are specifically intended to help trader carry out trading activities automatically. Trading is not a game like gambling, although when we feel happy when we get a good profit but trading is not a good place to have fun and it must be taken seriously. Sorry if I misunderstood your point.

I dont really get the point on someone do talks about fun on making use of trading bots yet supposedly you are just watching a bot executing all of the commands given

when you dont do trade manually.This isnt a sort of game for us to talk about fun and as said this is a serious business or investment we get involved into or

simply he didnt just try out to make use of it or doesnt even trade.What you think?

I use CryperBot. My result is +20k$ in two month

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xandriel
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July 31, 2020, 02:07:50 AM
 #155

I don't trust bots and I don't use them. To my opinion they can't help you make the profit and they can only be used for fun, not serious trading. I know that traders try to find different methods and tools that could make them trading easier and more profitable but bot is not one of them. There is no shortcut to successful and profitable trading, you need to work hard on that.
Using a BOT can never make you big profit because you cannot control any of these transactions and even a small adjustment of the market can cost you money. I used to use the BOT once and it was actually my biggest mistake because at one point I lost more than 20% of my assets in one night. I think it's best to trade yourself, and before you do that, you need to learn a lot of knowledge from good traders.































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July 31, 2020, 08:25:58 AM
 #156

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
It seems to me that for a long time it will be difficult to achieve the effect of artificial intelligence from sales programs. I do not exclude that such work is being carried out. but the classic way of trading is relevant and safer.

Yes, within the case of business it's easier to try to move together with your own intellect. This increases both our knowledge and knowledge Bots often put you in danger Unable to know the increase and fall of the market repeatedly.
Using a bot makes the trading process easier for us, and periodic ones increase the loss of money. Because sometimes it's better to stop and analyze the market.

I think the danger in manual trading is a smaller amount than using bots When the market closes, they become useless and need to be reopened If we trade ourselves then there's no problem albeit the market is closed. during this we will know better about the market and learn something new.

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July 31, 2020, 09:07:25 AM
 #157

I still prefer manual trading than using any trading bots out there, most of the trading bots have fees and for me it is a waste of money and time to buy and use it. I prefer manual trading because I believe more to my trading system than in any types of bots. In my opinion, it is a lie to see that there are people who 100% winning in trading bots. There is no holy grail trading bots so for sure that the trader who using it also experiencing losses.
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August 04, 2020, 03:42:28 AM
 #158

Yet to try bot trading, I believe in doing all the trades myself than using bot. Bot trading can be complicated sometimes as alot of thing needs to be place in order before using it.

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August 05, 2020, 04:57:07 PM
 #159

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
Personally, I don't use any trading bot in my experience but I heard about it. I have seen it on exchange. I have some LEDU token which I can't sell from the last few months. I placed sell order successfully but I noticed there has no buy order maximum time but trading is going on. I surprised then I realized that there has a Trading bot which is doing it. But I am still using traditional way for trading as I don't have enough knowledge about trading bot.

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August 08, 2020, 04:27:37 PM
 #160

Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
Personally, I don't use any trading bot in my experience but I heard about it. I have seen it on exchange. I have some LEDU token which I can't sell from the last few months. I placed sell order successfully but I noticed there has no buy order maximum time but trading is going on. I surprised then I realized that there has a Trading bot which is doing it. But I am still using traditional way for trading as I don't have enough knowledge about trading bot.

It's a different bot where the exchange own it.

In terms of trading I like  idea of using your own traditional way if you are not familiar
with bot, the help of this program will only benefits you when you already have a good
strategy. You can program the bot to work according to your expected market movement.

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