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Author Topic: Trading bot on tradingview  (Read 267 times)
Abu-Naim
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September 29, 2023, 11:44:43 AM
 #21

I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
Why are you trying to use a trading bot without knowledge of trading? You may keep losing even if you use a bot and lack the fundamental knowledge of trading. And it’s obvious that you are still new to trading since you haven’t mentioned the type of bot you use, and there is no specific amount you have made with the bot, which makes me believe that you still need the skills that trading requires. Don't trade without knowledge of how trading works.

Also, keep in mind that bots don’t work at any time, so they are not something to rely on. You also need to learn the fundamentals of trading, which will help you in your trading journey. Even with a bot, you must apply your knowledge to get what you want.

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September 29, 2023, 11:50:31 AM
 #22

This is like you want to sleep within an hour, instead of drinking sleeping pills, you drink 5 shots coffee.

It is impossible to not lose a single trade in trading, even if those who are very professional and very good at trading lose. How much more if you just bought a bot that was coded by someone and you don't know the process of how to use it or even the strategy for it?I don't want to go deep but for sure you still do not know the fundamentals of trading. If you jump immediately to trade to earn profit your way will make you lose a ton. Learn first trading!
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September 29, 2023, 12:02:15 PM
 #23

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September 29, 2023, 12:55:02 PM
 #24

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September 29, 2023, 02:18:39 PM
 #25

Your post sounds like:

I started a restaurant in California.Is enough for business?any special method to prevent loss in business?

We can't give any answers because:

1. We don't know what bot you're using
2. We don't know what indicators/strategies you're using
3. We don't know what pairs you're actually trading

Absolutely agree. It’s generally not clear where a person is trading, how he set up the bot, what pairs he has. What type of trading, how well does he understand trading. It sounds like I built a business, will it be successful? We need more details

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September 29, 2023, 03:11:28 PM
 #26

-snip-
I'm the type of person who doesn't really enjoy reading books and only sees visually. learn from various sources.
But reading books like the trading book "The Market Wizard" so it's a pretty good way.

Although there are many private trading courses that provide trading classes and various kinds of trading tips, it will not be the place to produce new traders.

Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.


Those books that I suggested, they actually go into the mind of the trader. Reminiscences of a Stock Operator IS what was going on in the mind of a REAL trader who profited and lost money in trading. It's not a technical analysis book that promises people that they will make money by "teaching" you a "strategy" that if the market "does this do that", then if it "does that do this".

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September 29, 2023, 07:30:18 PM
 #27

I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

No, the buy sell bot isn't enough for trading with profit because such bots could cause huge losses and the user who run that bot will lose a lot. I recommend you to learn trading yourself instead or relying on those bots. Trading is something that we learn in the best way when we give proper time to it. If you really want to be profitable as a trader then you'll have to learn trading yourself rather than wasting your time on those useless bots.

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October 01, 2023, 12:32:18 PM
 #28

I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
If you use a bot it can't be safe for your assets at all, as you can't be sure whether you will lose your money or not. Moreover, trading bots are designed for people who don't know about trading, they only use trading broads and stop losses so that they don't get hurt. If you trade money on a trading bot, it will be completely risky as many times money can be lost even using the bot. Because the market is not always in the same position, there are many changes during which the bot can lose its control and lose your money. So if you are using bots for trading then never do it for long term rather you gain knowledge from it gradually it is better.

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October 01, 2023, 02:10:37 PM
 #29

I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.

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October 02, 2023, 09:10:32 AM
 #30

I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.
It is very revealing the complete lack of information that we receive and yet we are supposed to provide help to the OP, this tell us that either this never crossed their mind or they think such matters are not important at all, and both scenarios are simply terrible the more I think about it.

As on the first scenario we are expected to read their minds, while on the second scenario they are so out of touch with trading they do no have the ability to distinguish what it is important from what it is not.

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October 04, 2023, 05:36:51 PM
 #31

It is really not that easy to make money and if anyone tells you that they "figured out how to make money" they are lying. They may think that they did for now, but let them be for years and they will realize it is not, or they are just lying if they are not. That is why we should not trust them, there isn't a trick to making a profit, it is not working that way and it will never work that way, you have to work really hard to be a good trader and make a profit from trading.

Just buying a bot, using it and making a profit is way too simple for anyone to make a profit, it should not really be something like that, it will not end up with that in the end and we need to be careful about these type of claims when someone says it.

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October 04, 2023, 07:37:05 PM
 #32

I think you need to add up to your knowledge. Learn more about trading without bots and then learn in comparison how to trade with bots.
In this case you didn't state any useful information on the bot you use or the kind of trading you do. It is for you to figure out what your actual question is from the random comments you have gotten so far.
As much as you learn, also try to understand crypto signals and follow up on news about crypto currency trading and market trends in particular.

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Husires
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Activity: 1596
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October 06, 2023, 10:52:04 AM
 #33

Tradingview and trading bot are both tools, but creativity comes from you. It's like saying, I bought the latest Apple computer and the latest Photoshop program, but you will not become creative in design unless you learn that. You need to learn more about trading, support and resistance, RSI, and moving average, and then you can start trading in Demo and you can trade with your money.

.BEST..CHANGE.███████████████
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..BUY/ SELL CRYPTO..
Usasauki2004
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October 06, 2023, 09:24:33 PM
 #34

So there's trading bot on trading view? Need more enlightenment about this please.
I only know of technical indicators and pure price action. Looking forward to some directives and links to broaden my knowledge.
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