Bot Softwares for Trading | Bitcointalksearch.org

PokerFace3

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Quote from: death69 on May 20, 2017, 02:19:31 PM

I have seen that many people are using bots to trade and it is a good way to save time and reduce a lot of risks. Many experts in this forum have also developed some of their own trading bots and sell it around here. That is really good

It may save time but I am not sure it will help you to deal the risks. Because bots may react and trade as per how it was coded but market trends may vary over time. I am looking for more versatile bot which will be making profits under any type of market situations. I guess I only may need to code such a bot.

I guess it would be too hard to find trading bots which will be suiting as per our trading strategies. One bot may not cover different strategies to cross check entry points all the times. Summing up all, it seems manual trading could be the best one.

aakashsangwan

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I don't recommend trading bots in such good times of bitcoin going to moon, there can be major issues using trading bots at this time, like in a day price can fluctuate about 100$ in bullish or bearish market or maybe more, so you should set variables for that too keeping into account.

death69

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I have seen that many people are using bots to trade and it is a good way to save time and reduce a lot of risks. Many experts in this forum have also developed some of their own trading bots and sell it around here. That is really good

wantjokull

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I think that's risky trading. Bots directly trade your money and don't think whether you have enough money or not. If they loose then they will put more money to recover the loss as well as to get new profit from new trade. That's make it horrible trading way.

matale0

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as of now with latest updates which one u recoommend to try? cat leonardo or gunbot?

mind u can buy licences for other exchanges for gunbot now

thx

ethereumhunter

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i only know three bot that will help us to automate our trading, leonardo, cat, and gunbot. the two bot, leonardo and cat is release long time ago and still exist until now, gunbot is a new one. but all support from the dev is awesome, they really thinking about after sales for the member and really makes their customer to important person that should be give attention. leonardo and cat can be used by many market but in cat, we should buy the api code to work for another market, gunbot is more cheap than the other bots but its only work for poloniex market.

JeffBrad12

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Quote from: Monnt on February 08, 2017, 04:03:48 PM

Quote from: carlfebz2 on February 07, 2017, 08:03:31 AM

Quote from: romero121 on February 06, 2017, 10:03:06 PM

Whether its artificial intelligence or something beyond that, it is created by the human. So I don't think it can work better than human mind, it works upon the way its programmed to function. Also with bitcoin human itself can't make the prediction for tomorrow's price then how come to rely on a bot.

Nothing on this world could really predict prices on the future and you are right even those bots cant really decide and know on what would be the prices and as you said those are just human creations and been coded to automate tradings it doesnt make decision that could human do.

Yeah, bots are not perfect and they can’t be even if they put so many possibilities in the coding, the prices change according to factors that are hard to predict which makes using software useless, plus I see a lot of trading sites that have policies against using bots in their terms of use.

Can you explain me about some review on the bot's thread? But the general thing about the bot, it can't reach the other decimal outside of the range amount has been putting by the user.
So, is it including on the illegal activities?

Monnt

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Quote from: carlfebz2 on February 07, 2017, 08:03:31 AM

Quote from: romero121 on February 06, 2017, 10:03:06 PM

Whether its artificial intelligence or something beyond that, it is created by the human. So I don't think it can work better than human mind, it works upon the way its programmed to function. Also with bitcoin human itself can't make the prediction for tomorrow's price then how come to rely on a bot.

Nothing on this world could really predict prices on the future and you are right even those bots cant really decide and know on what would be the prices and as you said those are just human creations and been coded to automate tradings it doesnt make decision that could human do.

Yeah, bots are not perfect and they can’t be even if they put so many possibilities in the coding, the prices change according to factors that are hard to predict which makes using software useless, plus I see a lot of trading sites that have policies against using bots in their terms of use.

justdimin

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Quote from: target on February 07, 2017, 01:43:47 PM

I was interest to buy but I don't see proofs of how profitable their bots are. Is there anyone who sells their bots and has succeesfully tried to create a video on how it works live on some exchange like polo?

If its truly working hundred percent that they win more than 70% of its entry, the creator could be earning more if he shows a viseo of it wining a trade.

Never invest in this type of trading supporting things unless otherwise you will be having some solid proof on its performance for consistently profit making. Otherwise it will sum up again your trading losses to some extent. Personally I never prefer for any trading bots as I am completely satisfied with my manual trading performances.

target

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I was interest to buy but I don't see proofs of how profitable their bots are. Is there anyone who sells their bots and has succeesfully tried to create a video on how it works live on some exchange like polo?

If its truly working hundred percent that they win more than 70% of its entry, the creator could be earning more if he shows a viseo of it wining a trade.

BigBos

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well, bot software will not always bring good luck, it could even make you lose in a short time. probably better trading manually, because you can control your advantage, and you will not regret. Well, many people who regret using bot out there.

carlfebz2

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Quote from: romero121 on February 06, 2017, 10:03:06 PM

Whether its artificial intelligence or something beyond that, it is created by the human. So I don't think it can work better than human mind, it works upon the way its programmed to function. Also with bitcoin human itself can't make the prediction for tomorrow's price then how come to rely on a bot.

Nothing on this world could really predict prices on the future and you are right even those bots cant really decide and know on what would be the prices and as you said those are just human creations and been coded to automate tradings it doesnt make decision that could human do.

romero121

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Whether its artificial intelligence or something beyond that, it is created by the human. So I don't think it can work better than human mind, it works upon the way its programmed to function. Also with bitcoin human itself can't make the prediction for tomorrow's price then how come to rely on a bot.

shinratensei_

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Quote from: Deep BTC on January 29, 2017, 07:36:22 PM

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

I've heard about gunbot, and you can see it on the advertise page of the forum.
https://bitcointalk.org/index.php?topic=1715214.0;all

You can read all of the review on Gunthar's thread.

beerlover

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Quote from: naidray on February 06, 2017, 10:46:45 AM

they do make profits some days but definitely cannot perform on all the days.

Then why not just trade with bots as I am also manually not able to perform well in trading all the days. I am also having opinion against bot trading but after seeing my recent results, thinking about switch over to automated trading with least capital amounts.

ivanst776

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Quote from: Deep BTC on January 29, 2017, 07:36:22 PM

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

If you find a free bot then please take care because it is bot recommended to use that because it might've virus or malware that could steal your details of coins.

Personally i dont use any bot because i dont trsut them.

naidray

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Quote from: BlackPanda on February 06, 2017, 08:50:59 AM

perform manual trading is the best choice for me. because the software can go wrong in estimating. a software too raw and rigid so it can not conduct an assumption of price movements. trading should be with the heart, because that is the hallmark of a trader.

Yes, a software will not be versatile to withstand all different market situations to take the right decision toward profit making. Still some users sharing that they are making good profits from trading by using bots, but their consistency will be a big question, they do make profits some days but definitely cannot perform on all the days.

BlackPanda

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perform manual trading is the best choice for me. because the software can go wrong in estimating. a software too raw and rigid so it can not conduct an assumption of price movements. trading should be with the heart, because that is the hallmark of a trader.

loreykyutt05

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If you are planning to buy some or install bot software please be aware of the possible software that may lead you to the unwanted ouput ! I personally has encountered a bot sotware which transfer my balance to a other address ! well this is not the case for everyone but it happens ! so be carefull ! Just do manual and save yourself from stress kn the future !

jovs

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Quote from: marcoman22 on February 02, 2017, 06:22:45 AM

Quote from: Deep BTC on January 29, 2017, 07:36:22 PM

Hi,

Which bot software you are using for bitcoin trade.
Are there any software you would like to recommend free or paid?

Trading using bot softwares has some benefits like emotionless trading, minimizing of pilot errors like typing incorrectly as 1000 shares instead of 100 shares,improved order entry speed.But it does have lots of disadvantages.If an internet connection is lost,power failure,it would be useless.Also,it has to be monitored.Better you avoid such bots and learn to trade by yourserlf.

Trading with bot is quite easier to do than trading manually. However, it often times not working for good trading. In my opinion, doing such trading is better to do it by yourself, it's really better develop your skills in trading that you would learn a lot rather than depending on bot and waiting your momey to wait for good trade. Trading manually is quite harder, yet would lead you to profit faster as you are the one who will decide when is the goog time to sell/buy.

Topic: Bot Softwares for Trading (Read 2431 times)