Trading bot vs. you -> who's better?

[btcb3g1nn3r]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

[Charles-Tim]

Bots can be helpful, but using bots while you do not know about analyses will make you lose more than gain. There are many times bots will predict the market wrong. You can use signals, bots or any other things of such, but the best trade you can make is for you to learn, understand, start with low amount you can lose and have experience in trading yourself. Knowing about trading will make you good and better than depending on others. But you have to be very patient and not greedy, it can take you months.

[Issa56]

It has not been long I started trading but seriously have not used Bot before but I don't think Bot is the best option when it comes to trading, Bot might be useful but definitely you just need to have idea of trading before you can start using it. Bot is program and anything can happen at any time there might be error sometimes and things like that I will recommend you trade by yourself don't always use Bot.

[Russlenat]

The answer is very easy, who created trading bot? human, therefore I would say that I'm better than the trading bot.

It's just a system use for to ease the job in trading but it also requires some monitoring as we are talking of money here, no system are perfect. Also, if you want to learn, better start trading by yourself first then try using bot in the long run, at least you have to build your skills and knowledge first, that's a must.

[Botnake]

You know the answer by trying bot and trading by yourself.

If BOT is more profitable than you, then the answer is BOT, but for those who are trading with huge money, I don't know if BOT is still reliable.

In my personal view, I believe not using any BOT is easier, and what matters is just to be profitable which can also achieve without BOT.
You'll learn more if you are not using any BOT, so go with what help you to develop your trading skills as trading does not stop since the market does not sleep and you have every opportunity to increase your profit or even make a fortune in trading.

[agustina2]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

Bots are useful if you set them properly. Manual trading is good too as an actual experience can make you more a better trader.

But the result of those still depends on you.

It won't increase your winning chance but rather bots will just help you assist your trading activity which isn't advisable to do so as you are still a newbie to trading.

[Oilacris]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

One of the things that people have wrong perception towards bot, these are for automation of your trades not totally on having a free will on making profits for you.

So this simply means that you are the ones on making up settings for those bots to follow so basically you are the ones who do set up.So asking out on which one do works better then
its just no sense to ask out.

Bots are for automation but nothing beats out when it comes to Human decision making skills when you do actively trading yet you can change it anytime as youd like to
which is not possible for bot.

[Reatim]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

I only use Stop/Loss and never engaged in Bot for my daily trading back when i am still active , but AFAIK Bot is useful if you know what you are doing because Bot can't do it alone for you instead you must do it Both.
 and regarding to the profit ? depend on your setting but friends of mine that experts in bot are gaining at least 10-20% each trading but that's not promise you heaven but sometimes there is a Hell.

thanks

better to focus on being skillful than relying in Bot whole your career, remember that human Mind is skill is how Bot created , meaning we are still the mother of everything.

[iv4n]

I think we can't compete with a trading bot, if the bot has a nice set up and big bankroll! Just check any exchange, and when you see how fast numbers are changing you will understand that you can't be that fast! While I click here and there, numbers change, I try to do all over again, and it's the same... it's just too fast to even follow in some moments, without clicking!
It's why I like to trade mid and long, I place my buy/sell order and I wait to get executed... sometimes mid becomes long, but it's the thing of the patience, you need to be able to wait for that!

[Maus0728]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Actually, there is no fine line between the use of bot over the performance of a trader - hence you cannot really compare those. Apparently, there's no doubt that most traders and their experience is way better. Bots could never really run well and make profit without the trader's manual setting to it, while trader can use bots at anytime he wish so. Therefore, bots cannot really function that pretty well without the intermediate knowledge and risks adjustments of a trader. One must not engage on using bots, without being a great trader first.


You might find little to less answers on what is the monthly profit using bot, as almost no one really relies and risks their profits with it. Take note that crypto is a volatile market, one wrong reading would make you lose tons.

[ethereumhunter]

I do not know who will be better, me or bot. But I do not use a bot to trade because I think I prefer to trade by myself and not depend on the bot. I prefer to learn trading to improve my skills. But I know that we can automate the trading process by using the bot, but that will depend on how good we can operate the bot. Maybe you can try by yourself to trade using a bot and by yourself and see the result. If the result is better from the bot, you can still use a bot, but you know what to do later if the result is better for yourself.

[fahmimajannat]

I think manual trading is better than bot trading.
Because in manual trading you can change your mind whenever you want depending on market's reaction. But in bot trading you have to assume everything at first and have to set a goal. Sometimes the price can go even higher than what you have programmed in the bot.
Though manual trading also have some risks to bear it is quite good for me.

[Renampun]

Bots are human-created algorithms so humans are the best...
I have tried to use several trading robots but none of them were profitable, I don't know if the algorithms are less than perfect. at this point in time, I have never found a bot that suits me, so I think trading on my own is much better.

[Lorence.xD]

Bots are human-created algorithms so humans are the best...
I have tried to use several trading robots but none of them were profitable, I don't know if the algorithms are less than perfect. at this point in time, I have never found a bot that suits me, so I think trading on my own is much better.

Exactly what I was going to say but performance wise, I think that bots are going to be defeating the humans not to mention that there are advancements in robotics that it came to the point where a bot can be better than human although technically humans made those bots smarter than us but we are at a point where we can create a robot or AI to teach itself. Maybe if you can record your trading patterns for awhile, you can probably use almost any bots remember that most bots are tweaked base on the human patterns.

[Jaycee99]

I did not use any kind of bot or application that can guide me to trading for the better. but I already gain that gain is enough I once did trading and hold it for a long time and made a good amount out of it.

From reading that previews reply and reading articles of bots handling trading I would still be at the decision of 90% don't use it or rather do not rely on the bot you should really study and 10% yes it can help you but not as good as you if you did how trading works. Even if read a positive comment or reviews on different articles here on the internet.

Stil if you made the decision to use a bot then I would say trade the amount you are ready to lose not the amount that you want to gain profit from the decision on trading big and giving all to the bot is a risk from what I see. Plus, today I don't really use this kind of things application or bot that could help you I want to know about more positive outcomes.

[masterzino]

Bots can be helpful, especially on fast markets like Ether - USD or Bitcoin - USD.

But I prefer to trade manually and consider every decision for as long as I have to.

[raji1995naya]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Personally, with my hand on experience, I don't recommend bots for trading. Because you are using some strategy to code bot he is only reading the technical part and working accordingly. But assume that a big crash of stocks or some kind of news comes out then we can see unexpected moves in the market. But Bot hasn't any idea about the situation and he is doing his work according to the code. So you can lose your whole account balance.

[Quidat]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Personally, with my hand on experience, I don't recommend bots for trading. Because you are using some strategy to code bot he is only reading the technical part and working accordingly. But assume that a big crash of stocks or some kind of news comes out then we can see unexpected moves in the market. But Bot hasn't any idea about the situation and he is doing his work according to the code. So you can lose your whole account balance.

One of the cons on using bots is that it would definitely followed on whats been ordered and when there sudden unexpected events in the market then that would really be
ending up on full blown account balance since its been ordered on what to do so which means it would be forcing the position no matter what the market is been doing.

but if you do trade up manually then you can really make out some sudden change of decisions on point which you can possibly stop the losses that you are seeing when
the market is going down.

It does have cons and pros.

[crzy]

There’s a default settings on trading and this might be work for you but its really hard to fully depend on BOT because you should be the one to dictate BOT on what to do while you’re busy. BOT are profitable if you know how to trade properly, but if you’re still a newbie then it will be hard if you skip the learning phase, so I suggest you do your own research and know how to use indicators and use trading bot later on if you already know it.

[StephenJH]

Trading bots can be helpful if the pro user has applied the right money management settings along with the right trading strategy depending on the market fluctuations. Personally, I don't use trading bots because the fees are not trader friendly to spend more and earn more. There are bot trading specialized crypto exchange services but it is not guaranteed trading bots will give a profit in the long term.

It has not been long I started trading but seriously have not used Bot before but I don't think Bot is the best option when it comes to trading, Bot might be useful but definitely you just need to have idea of trading before you can start using it. Bot is program and anything can happen at any time there might be error sometimes and things like that I will recommend you trade by yourself don't always use Bot.

Obviously, the user has to be experienced to use the trading bot in the right way. The trading bot is an automated version of a manual trading strategy. If someone has the experience to use it, the trading bots can be profitable than the manual version of crypto day trading.