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Author Topic: Which is more profiting self trade or AI  (Read 847 times)
Kelvinid
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August 04, 2023, 01:02:21 PM
 #101

If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible. So yes self-trading is appropriate for making less loss and good profits. AI could be helpful for gathering information about the coins and the market but completely auto trading using AI is not recommended. I mean who wants to rely on AI when it comes about money? If due to the ETA, your money went into loss, you can’t make anyone liable for this. So yes currently at this stage, self-trading is good.
That is true with AI but then the success ratio of an AI is higher than that of self-trading but then also we have to consider some other factors such as the profits sharing because most of the exchanges that offer AI trading charges exorbitant percentage and the trader doesn't hold the profits in 100% since some percentages go to the AI developers and also to your upline, this system can't work but the profits merging is good enough for a trader to consider it.
For some reason, I preferred to keep myself on live trading rather than watching an AI do it as I don't consider myself a loser. It is maybe because I can handle managing myself and am able to control my emotion. But it was not just like that because I wanted to learn more and engaging more on the market will help a lot of us. Now, if we think that AI is more capable than us, then I believe these developers will focus on trading rather than selling it to the community knowing that this technology could make them rich. But they don't because no matter what we use, losses is still possible.

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August 04, 2023, 05:51:30 PM
 #102

Self trading remains number one for me personally because trading requires the human mind to determine when to enter and exit.
AI bots are only used to find out which coins have more potential to be bought or sold.
Do not use AI in full without the supervision of a trader, because AI may make mistakes in executing. however the circumstances Slelf trading is the main advice because we will also learn how to make good trades.
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August 04, 2023, 06:08:17 PM
 #103

If AI gives 100% success results then definitely all will prefer using AI for the trades. But we know this isn’t possible. So yes self-trading is appropriate for making less loss and good profits. AI could be helpful for gathering information about the coins and the market but completely auto trading using AI is not recommended. I mean who wants to rely on AI when it comes about money? If due to the ETA, your money went into loss, you can’t make anyone liable for this. So yes currently at this stage, self-trading is good.
That is true with AI but then the success ratio of an AI is higher than that of self-trading but then also we have to consider some other factors such as the profits sharing because most of the exchanges that offer AI trading charges exorbitant percentage and the trader doesn't hold the profits in 100% since some percentages go to the AI developers and also to your upline, this system can't work but the profits merging is good enough for a trader to consider it.
For some reason, I preferred to keep myself on live trading rather than watching an AI do it as I don't consider myself a loser. It is maybe because I can handle managing myself and am able to control my emotion. But it was not just like that because I wanted to learn more and engaging more on the market will help a lot of us. Now, if we think that AI is more capable than us, then I believe these developers will focus on trading rather than selling it to the community knowing that this technology could make them rich. But they don't because no matter what we use, losses is still possible.

No, there's no loser if you are more comfortable in that method. Because why would you stake your money then rely on AI that there's still a chance of unsuccess result. I think it's still better to use your brain and emotion especially if you can handle it or control it, Why? If you would rely on AI sharing some profits, you wouldn't learn from your experiences. It's just a win-win situation for you as long as you know how to manage your assets. If you profit on your own using your skills and techniques well that's good which means it's actually working. But if you lose you could learn from your past mistakes and use it as your personally growth. Like your first losses your emotions of course worsen that might impacted your next trading but for sure you've managed to control it.

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August 04, 2023, 09:32:27 PM
 #104

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
I will always chose self trading because I know in trading, there’s no one you can trust but only yourself, not the other people, not literally the robots online. And I want to be a good and successful trader in the making, therefore I should find ways on how to improve myself and be the best version of a trader to achieve my targets in life, not just financially but mentally and emotionally as well.

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Hypnosis00
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August 04, 2023, 09:57:56 PM
 #105

Self trading remains number one for me personally because trading requires the human mind to determine when to enter and exit.
AI bots are only used to find out which coins have more potential to be bought or sold.
Do not use AI in full without the supervision of a trader, because AI may make mistakes in executing. however the circumstances Slelf trading is the main advice because we will also learn how to make good trades.

AI technology has been growing but yes, it won't beat us especially if we are in trading for many years and already have a success story. It might be good at trying to assess how it works and to see results but just like you, I was not really convinced that AI is better than us in trading, maybe in some other areas. As long as we can do good in trading and still earn, I don't think we need this AI because the truth is that this technology is still reliant on us traders. What we command is also what they have followed. So why we should buy it instead of doing it personally?

R


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August 05, 2023, 01:04:26 AM
 #106

Yes, it's true that a lot of things happened outside of what we planned.
Personally, I don't trust robots, because I believe there must be gaps or something that will be very detrimental to us, therefore I choose self-trade over AI, even though there are many indicators that must be studied, but I think it will be much more profitable in the future with knowledge and our experiences.

yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.

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tygeade
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August 05, 2023, 08:44:11 AM
 #107

A trader always tries to find out how they can profit from trading. But which one is good self-trading or AI trading those completely depends on various factors. By analyzing different situations, I think that both are suitable. AI usually gets quick signals about market trends and can analyze data quickly which is not possible in short time by humans. Emotions do not work in AI so they can trade in the market with disciplinary manner. Since trading sometimes involves geopolitical and economic issues, a human can analyze that which is not possible with AI. In any complex trading activity, a human trader can exercise caution and make sound decisions. Such decision cannot be taken by AI trading.
I think taking advantage of the improving technologies is not that terrible, just do not let it be the only thing that you try to make a profit from. Just to give an example, tradingview is a tool you can use to make a profit, you use the charts and make lines and you try to make as much profit as you can.

However, if you just go there, pick one indicator, and trade based on that forever, you are going to end up losing money. If you end up learning how to use it though, learn how to trade, then that tool becomes a thing you could profit a lot from as well. I believe that it would be smart idea to keep doing it that way instead of just letting it be. Use it, but also learn how to trade to use it better as well.

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August 05, 2023, 10:12:26 AM
 #108

yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.
If anyone can, or has already been able to, adapt AI for profitable trading, then this will remain a secret from ordinary traders, since it will become a gold mine and, in fact, an endless source of passive income. I don’t know if this is possible, I assume that this can be achieved if AI is made self-learning, but everyone who understands the danger will in every possible way prevent this.

Because a self-learning AI will most likely not be interested in trading, or it will subsequently use it in some way for its own purposes.
Lanatsa
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August 06, 2023, 09:59:05 PM
 #109

yes Selftrade is always been a choice if you are a trader hahaha. AI word is everywhere tho if AI is really made a huge profit the news will all over the place and people will start using it now. Tho I hope in future there is AI who made a prediction but only we the human can trade it. So the Ai work as a tool or other indicator but only we can decide that the trade.
If anyone can, or has already been able to, adapt AI for profitable trading, then this will remain a secret from ordinary traders, since it will become a gold mine and, in fact, an endless source of passive income. I don’t know if this is possible, I assume that this can be achieved if AI is made self-learning, but everyone who understands the danger will in every possible way prevent this.

Because a self-learning AI will most likely not be interested in trading, or it will subsequently use it in some way for its own purposes.
True, no one would be ever tending to share up if ever they do something which does works because it would really be just normal that it would really become saturated on the time that it would really be known.

This is why on realistic approach then neither it would work or not, then it would really be basing up on someones real experience or engagement whether they would really be applying that AI on their trades or not or
simply sticking with manual or self trade which it is really just that normal that there would really be that kind of impressions towards changes or finding out new methods or ways which they could really be able to
be that advantageous but on the sense that there are ones who do pushes out something just because they do believe that it works before they would really be experiencing those huge losses and errors because we know that it cant just that possible that there would be something that gives out that higher chance or profitability in trading world or career.

You would be finding yourself that profitable if you done things well but if not then you would experience the opposite and this is why lots of variations and combinations would really be applied
out even other people do already come or believe into those kind of impossible approaches.

R


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August 07, 2023, 05:28:44 AM
 #110

We should not be too much dependent on AI for all the uses especially in trading where you need to make decisions based on the current market conditions and computers might mix up things sometimes which may work in opposite directions to what you have expected.So for me self trading is best although you can use some AI tools to gather information and put commands to get some results but then do self trade with all them combined information.

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August 10, 2023, 12:25:35 AM
 #111

We were able to earn from the way we traded in real life with no AI needed. Although in today's era, many things can be done using AI, it is difficult to say how much cryptocurrency trading can improve this equation. But with AI I think cryptocurrency trading business cannot be very profitable because this ai will not make very good predictions. We don't really need AI as we have thrived on our own skills when this AI wasn't used. However if proven to be effective in cryptocurrency trading many would use one but I wouldn't like it. Because I will not trade using AI but I will trade in real life with the aim of gaining my own knowledge and experience in the future.

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Sanitough
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August 10, 2023, 09:17:48 PM
 #112

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
AI has been making trades easier right now, but as you’ve said it’s still a new thing, so it cannot be reliable and sustainable in the long run. That’s the reason why self-trading is still the most advisable way to trade and be in profits. Besides, you can’t just easily entrust your money simply in a robot and expect to double or triple your capital. The trading market is never certain and is always unpredictable, so it’s hard to anticipate trading with AI will definitely end up in success. Yes at some point it can be profitable, but most of the time self-trading will always be the most reliable method for trading.
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September 06, 2023, 09:11:38 PM
Merited by iBaba (2)
 #113

I will always chose self trading because I know in trading, there’s no one you can trust but only yourself, not the other people, not literally the robots online. And I want to be a good and successful trader in the making, therefore I should find ways on how to improve myself and be the best version of a trader to achieve my targets in life, not just financially but mentally and emotionally as well.
That is for sure, trust and inability to maintain profits merging have been the major challenges with third-party trading such as trading bots or AI, These two trading tools have become popular in recent times, but it has been revealed severally both in most comments in this thread and other trading related discussion topics that trading by self is far more better and secured that trading with a both or AI because a lot of those bots have failed in several ways and accusations that have made them not to be the best choice for trading.
And since most want to self-custody their trading capital, they rather stick to the rigorous process of self-development in trading no matter how long it takes them to achieve such success.

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September 09, 2023, 04:57:02 PM
 #114

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?
AI has been making trades easier right now, but as you’ve said it’s still a new thing, so it cannot be reliable and sustainable in the long run. That’s the reason why self-trading is still the most advisable way to trade and be in profits. Besides, you can’t just easily entrust your money simply in a robot and expect to double or triple your capital. The trading market is never certain and is always unpredictable, so it’s hard to anticipate trading with AI will definitely end up in success. Yes at some point it can be profitable, but most of the time self-trading will always be the most reliable method for trading.
Using artificial intelligence can be very profitable to us of we know the right tool to use and how to utilize the market in a way that will help us to trade the market with better profits. Self trading is good and that is what we all should develop ourselves for and not to be looking for a quick way for us to trade the market to earn when we are not ready to develop ourselves in a way that will help us in the future. Artificial intelligence cam help us to make fantastic profits from the market.









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September 09, 2023, 06:18:53 PM
 #115

Using artificial intelligence can be very profitable to us of we know the right tool to use and how to utilize the market in a way that will help us to trade the market with better profits. Self trading is good and that is what we all should develop ourselves for and not to be looking for a quick way for us to trade the market to earn when we are not ready to develop ourselves in a way that will help us in the future. Artificial intelligence cam help us to make fantastic profits from the market.
Using AI to make profit? do you believe that a robot will gives you how to trade and you will make profit frimy it? AI is best tool to learn basic and finding best possible strategy we could apply in our traditing. we can learn about dangerous step which could lead to loss but we. cannot use AI to tell us which coin is to buy now and when to enter and exit. Crypto market is Decentralized and many factors has effect upon market. Trading gives us profit in a situation when we have experience about market volatility in different time(bull, bear, sudden pump and dump, bad news about btc). I think self trade is hundred percent more profitable than AI in the trading and I myself wil never use for AI for trade purpose.



 

 

 

 

 

 


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JunaidAzizi
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September 09, 2023, 06:46:35 PM
 #116

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?

To trade yourself or to trade with AI is your personal decision and there is nothing right or wrong but however we can guide you to what you use for better results.

If AI is productive by proving and giving you more profits than trading yourself then I suggest not stopping using it. AI can process a large number of data and has the ability to identify the patterns that you cannot but AI is not believable its not perfect and still makes mistakes and important thing is that it has the risk of hacking or manipulated.

So according to me Do yourself that at least have no risk of manipulation or hacking.
Hamphser
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September 09, 2023, 08:15:50 PM
 #117

Lately, there has been some development here in the integration of AI in trading on some stock assets and cryptocurrencies, and to a large instead, AI has ground in acting and executing trades and recording profits, but it has not been for long so as we can't tell what the success rate will be, but for the fact that the reality on the ground has shown and proven their existence in trading stock, so as that which one will you prefer if AI is proven to be effective.
Will you prefer to trade with AI or you prefer to do the trading yourself?

To trade yourself or to trade with AI is your personal decision and there is nothing right or wrong but however we can guide you to what you use for better results.

If AI is productive by proving and giving you more profits than trading yourself then I suggest not stopping using it. AI can process a large number of data and has the ability to identify the patterns that you cannot but AI is not believable its not perfect and still makes mistakes and important thing is that it has the risk of hacking or manipulated.

So according to me Do yourself that at least have no risk of manipulation or hacking.
Yes, you could really be able to test both and find for yourself on which one would really be that looking interesting or something that could bring out profits or simply that effective on your part. We cant really able

to make up some conclusions or recommendations since we do have different type of level when it comes to experience/skills/knowledge/luck when it comes on dealing up with things.
This is why it would really be that so understandable that results or outcomes would really different to each other on which it would really be just that really depending on you on which one
suits out. This is why it would really be that so important to find for yourself which one or path you would be taking on.

For me, then its better to self trade rather than on making yourself depending on AI. Why? Nothing beats out on doing manual trades which at the same time you would really be making
yourself that able to acquire skills and knowledge which would really be enhanced even more which it would really be that so beneficial on longer runs. If you do have
plans on enhancing skills and knowledge then this is the best path that you could take.

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mvdheuvel1983
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September 09, 2023, 10:32:14 PM
 #118

Self trade is better than AI trade. Just as formula 1 race care driver wouldn't want to let To drive for him or her , I think that so it is with trading. I am not saying that there have not been any wins made by trading bots. I acknowledge that but I am saying is that do not give 100% control to some trading bots.

If I ever want to use trading bots, it will be because I want to test its efficiency on the trading platform. Apart from this , my thoughts is to self trader 99% of the time.

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Questat
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September 10, 2023, 11:26:19 AM
 #119

There is no definitive answer as to whether self-trading or AI trading is more profitable, as it varies from case to case. Both have their advantages and disadvantages, and success depends on how well they are implemented and adapted to market conditions.
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want.

khiholangkang
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September 10, 2023, 01:30:31 PM
 #120

There is no definitive answer as to whether self-trading or AI trading is more profitable, as it varies from case to case. Both have their advantages and disadvantages, and success depends on how well they are implemented and adapted to market conditions.
Maybe you're right because not all responders have experience with AI trading, they just know it from others. It is not necessary to believe them but just let your experience tell the truth. Besides, either of the two, the results will depend on the trader because AI is programmable, and if the user doesn't have deep knowledge about trading, it never makes sense to use it as well.
I would say that to choose what we think is best for us, we can choose them both if we want.
Practically it is true, we depend on how well the two are used and applied to the market, but this will not apply to the long term, and you will only depend on AI if you use it continuously, of course it's a bad thing , and again if you want more services than tools on machines, then you will be charged more to make their special service subscriptions, but trading that is done may not be able to get the results as expected.

I do not have a trading experience using AI, but I understand how the impact if you depend on using AI, after the AI you use can not give any more results in the trade, that's where you will become stupid because you cannot do trading activities.

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