Do you use a trading Bot?

[bitlo57]

No I don't, In trading I still can't get myself to leave it all to a bot, there are some settings I can't get right using a bot so till I get that  I'm sticking with manual.

[elisabetheva]

I don't like the idea of giving your money to someone and it's not guaranteed to gain profit so it's better to do it yourself to be a more expert in that field.

But you can give someone , a person that you see making profit to rely on the trader to also learn with the hope of taking back your account if you have learnt. Learning trading and giving someone to totally trade for you is different.

That's right, but it takes trust to be able to give someone to trade for us. but I also do not rule out that if you want to do your own trade you can at least hone your experience in doing something, because the best lesson is that if we do and make mistakes, continue to improve so as not to make the next mistake.

[Spaffin]

In fact, I do not mind using a trading bot at least once, because I really understand that the software can do Technical Analysis much better than I do, and it is quite possible that at the first stages of using the trading bot correctly, I will have good results. But the main problem lies in the correct selection of a trading bot, since they all cost a certain amount of money and therefore do not want to throw money away.

[Cryptoababe]

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 haven't used trading bot my whole life. Although, I have plan to try one out one day. Maybe if they reduces trading stress and safe to you use. But for now, I don't feel safe using trading bots

[Freddy11]

No, I don’t like it one bit. I believe if we go with doing it that way, it will only make us lose. So we need to be careful. I am always focusing on working manually to help myself gain well and consistently.

[Hidden Heart]

I Don't use any trading Bot on exchange site for auto trading. Becouse i am not a professional trader, i am very small trader, professional trader always use Trading Bots.     

[Goting]

I never trusted the bot. And I think if you use it you can lose money.

[DevilSlayer]

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.

Mostly traders prefers the manual trading than this trading bots as we know this bot does not guaranteed of winning. We cannot stop others actually if they prefer the trading bot if this is the way that can gives them a profit. We do have preferences when it comes to trading as long you are earning profit. So ideally anyone can choose the manual or the bot on which can generate profit.

I'm part of the traders who strongly believe that manual trading is better than trading bots, remember that trading is not just about technicals; 80% of trading success us because of psychology. Do you think you can improve your trading psychology if you will just rely on trading bots? Of course not. Do not also deceive by other people who saying trading bots are profitable. It is not a easy profit and actually I read a data saying many more traders are losing because of it. Manual trading can help us to gain experienced. We can also get a pot of benefits and advantages through manual trading.

[iv4n]

I never trusted the bot. And I think if you use it you can lose money.

You can lose and make money with manual or auto trading! There's just one difference, for trading bot you need some nice balance if you wish it to work fine and all the time, the same is with dices bot for gambling, every strategy require some minimum balance.
I am still for manual trading, it's more interesting when you're doing things by yourself, and I have developed some of my own strategies for my capital and the time I have for trading!

[rhomelmabini]

I think manual can still get you some profits just use the stop-loss setting. I haven't used some bots before but I'd like to try one but just for testing yet, what you do recommend guys especially open source one?

I've seen someone recommend gecko bot but it seems it has been left by its own developer, so not a good one I guess.

[sarmrakib]

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

I never used any trading bot i actually don,t believe on bot trading .Its so thought to predict the market movement and a thousands of chart are creating daily so i don't think bot is useful for trading .Only study and research are the real way to get profit on trading.

[bitbunnny]

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

I never used any trading bot i actually don,t believe on bot trading .Its so thought to predict the market movement and a thousands of chart are creating daily so i don't think bot is useful for trading .Only study and research are the real way to get profit on trading.

Same with me. I don't trust trading bots and I don't believe they are useful and they can help you with profit. Uglavnom you don't have enough experience, knowledge and courage for making decisions, bots will definetely not help you.

[CryptoDROI]

If you are bad trading your bot will be bad too, trading bots are not good or bad, a bot is just an extension of you and can only do what you tell it to do.

I see there is a big misconception about trading bots, most bots on the market are Not AI, but algo trading, meaning they follow a set of rules, and execute when the conditions are met.

All you have to do is tell the bot what would you want it to do when your desired scenario is in place.

For example, what is your strategy to enter a trade as a manual trader?

RSI 20, MACD cross over, EMA cross, ADX... whatever it is your entry strategy in your manual strategy just tell the bot to do it for you and it will execute, same apply for your exit strat.

Same apply to your Money management, What would you do if the trade goes the other way? Stop Loss, DCA, Gunbot can even do Reversal Trading wich is buying more Quote with the Quote you already have instead of averaging down with your Base

Now, the bot will do exactly that, but if you keep changing your mind (which you probably do on manual) and adding/removing settings you will lose, same as manual trader losses because he/she can not stick to the rules and freakout.

So yes, the bot is emotionless, it will execute no matter what, but you're not and your emotions will get in the way even with a bot. I've seen many times traders changing strategies and parameters without letting the bot do its work.

I'm talking about a genuine bot with a proven track record like Gunbot, HassOnline, 3commas, or Cryptohopper for example, not scams.

So the beauty of it is that once configured the bot can keep going at it while you sleep, and you don't have to spend all the time looking at the charts.

You can even do arbitrage, something impossible to do manual, the bot can scan the whole exchange 24/7 looking for inconsistencies in the price and take advantage when there is an opportunity to exit at profit.

None of the genuine bot vendors I've seen, ever promise unimaginable returns, magic indicators or signals, but strategy automation tools.

In the end, what you need is one particular type of behavior pattern that repeats itself with some degree of frequency, you set that and the bot does the rest.

This is my personal opinion based on my experience with Gunbot.

Hope it Helps.

[spike420211]

If there is a bot for latoken trading I need it. I want to try to use bots after various methods do not benefit.
I want to try with a small exchange like Latoken.

It seems to me that Latoken is not the best place to connect the bot.
And what's the difference? It is important that the bot is not mistaken, that the exchange itself works without lags, that the bot does not do bad things.

And even more important, your API keys are safe.
In addition, on large exchanges there will always be volume for the coin of your choice.

[goldade]

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 believe a trading bot is meant for people who are lazy to understand how the market works. They are people who do not want to invest their time and energy to gather the right skills and knowledge needed in trading.
Besides, most trading bot have a high loss percentage and it is not advisable to depend on a bot's judgment in market analysis.

[Hemady17]

I used trading bots occasionally. Just kidding. I prefer to leave my portfolio and asset to my brother than to use bots. I have more trust with his trades compare to what a bot can do. Using trading bots is good specially if you can't leave your trades. But it is better to leave your port in your brother or any person who you trusted and has experienced and knowledge about trading.

[nasipadang]

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 don't use trading bots, I tried them and ended up trading quite oddly, maybe because the settings for trading bots I didn't understand. Trading bots in my opinion are suitable for those who have little trading time, especially for traders who are on vacation and can only share a small amount of trading time. Trading bots also require more information to set up. My experience is like that and I don't know which trading strategy is suitable for trading bots because I think that strategy depends on the market you are going to enter

[Tingtong]

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?

Not, i don't use trading bot. When i want to buy some coin every follow her volume and pump or down. And handly buy this coin and sell this coin.

[boyptc]

I use bots, but I create my own bots because I don't really trust the ones that are created by some else and being sold on the market. I have my own methods and goals so I create and test my bots according to that.

This is the advantage of being a developer, you can rectify an existing bot through your own developed bots. As someone who's not using a bot, I say that I have my own way of trading.

But I also acknowledge those professional traders that see a delight in using bots and they're more effective with it.

[proTECH77]

Many investors that is using trading bot strategy to trade their business always find it difficult to make a good income from their trade. Many people are still like to have interest on bot trading  because of what they heard concerning the project without taking time to study the strategy,if it will be easy for someone to trade and get reward instantly with the process of trading.
I don't have any idea concerning bot trading which everybody is talking about that is a new system, many trader are now using to make a good profit. Is like I will try the trade to know if the system is not to difficult to invest.