Do you use a bot for trading? - page 10.

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Quote from: dhampir-D on January 30, 2017, 09:11:52 AM

Quote from: traderethereum on January 30, 2017, 07:46:43 AM

Quote from: Superways on January 30, 2017, 06:21:06 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

using a bot can help us to trade like pro trader but remember, if we don't have experience or have any knowledge in trading, then its the same like suicide with our money and we can not take control for the bot. but if we want to learn to be pro trader, then i think we don't need to use bot and we can trying step by step to increase our skills in trading.

From the reports I see, there are people who can get good results using bots, but they are not all. This depends on the code, it also depends on the trader's ability to set the right parameters. Anyway, I think this would be able to make a profit only for a certain period of time, because the market always changes, and such programs can become obsolete.

Using bots can restrict your command on the trade and if the market goes reverse then this bot trading will become loss. I only do manual trading and i use to place the order what rate i want to sell and buy so like this my orders get cleared even if i am live or not.

dhampir-D

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Quote from: traderethereum on January 30, 2017, 07:46:43 AM

Quote from: Superways on January 30, 2017, 06:21:06 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

using a bot can help us to trade like pro trader but remember, if we don't have experience or have any knowledge in trading, then its the same like suicide with our money and we can not take control for the bot. but if we want to learn to be pro trader, then i think we don't need to use bot and we can trying step by step to increase our skills in trading.

From the reports I see, there are people who can get good results using bots, but they are not all. This depends on the code, it also depends on the trader's ability to set the right parameters. Anyway, I think this would be able to make a profit only for a certain period of time, because the market always changes, and such programs can become obsolete.

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Quote from: burner2014 on January 30, 2017, 08:18:59 AM

Quote from: torry28 on January 30, 2017, 08:07:45 AM

Quote from: Text on January 30, 2017, 07:31:55 AM

Is using a bot for trading recommended? I never tried to use it. I wonder if it is a cheat? If it is really applicable, does it worth using for? Honestly, I don't have any idea how it works but I am open and quite interested to know about it.

The only reason i think if trading using a bot is recommended just when we sleep, we can make money even if we are still sleep. Until now i am still do trading by manual, never tried any trading bot too. Still too scared if the bot cointained with virus or anything which can steal our money.

They said that buying bot costs too much so I never had chance to use it. Hoping to buy one in the future so that trading will not waste my time. I'm gonna have time for my family and not to check the market from time to time. But, for now I am still having my own strategy in trading and wanted to save more money so I can afford to buy bot.

Trading bots are good specially when you know to set it up and bots arent cost you too much and as far as i know they are affordable.If you trade on forex there are lots of bots to choose from and if you trade on cryptos theres still bots being sale out there.Goodluck my friend,manual trading is much more better than automated.

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Quote from: torry28 on January 30, 2017, 08:07:45 AM

Quote from: Text on January 30, 2017, 07:31:55 AM

Is using a bot for trading recommended? I never tried to use it. I wonder if it is a cheat? If it is really applicable, does it worth using for? Honestly, I don't have any idea how it works but I am open and quite interested to know about it.

The only reason i think if trading using a bot is recommended just when we sleep, we can make money even if we are still sleep. Until now i am still do trading by manual, never tried any trading bot too. Still too scared if the bot cointained with virus or anything which can steal our money.

They said that buying bot costs too much so I never had chance to use it. Hoping to buy one in the future so that trading will not waste my time. I'm gonna have time for my family and not to check the market from time to time. But, for now I am still having my own strategy in trading and wanted to save more money so I can afford to buy bot.

torry28

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Quote from: Text on January 30, 2017, 07:31:55 AM

Is using a bot for trading recommended? I never tried to use it. I wonder if it is a cheat? If it is really applicable, does it worth using for? Honestly, I don't have any idea how it works but I am open and quite interested to know about it.

The only reason i think if trading using a bot is recommended just when we sleep, we can make money even if we are still sleep. Until now i am still do trading by manual, never tried any trading bot too. Still too scared if the bot cointained with virus or anything which can steal our money.

traderethereum

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Quote from: Superways on January 30, 2017, 06:21:06 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

using a bot can help us to trade like pro trader but remember, if we don't have experience or have any knowledge in trading, then its the same like suicide with our money and we can not take control for the bot. but if we want to learn to be pro trader, then i think we don't need to use bot and we can trying step by step to increase our skills in trading.

Text

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Is using a bot for trading recommended? I never tried to use it. I wonder if it is a cheat? If it is really applicable, does it worth using for? Honestly, I don't have any idea how it works but I am open and quite interested to know about it.

Caladonian

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Quote from: X-ray on January 30, 2017, 07:12:06 AM

Quote from: Superways on January 30, 2017, 06:21:06 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

that's not the purpose of trading with bots, manual trading is even easier than using bots so in my opinion that those newbies may prefer to use manual method rather than bots,bots are used to prevent you from missing the opportunity which may come suddenly. if you can't setting your bot, you will lose, which mean only professional can.

I agree with that mate we needed to understand first how trading works before we can use the bot. The more we understand how it works the more we able to set our bots in a proper and profitable set up, only pro's really enjoying it since they know how to assess well.

X-ray

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Quote from: Superways on January 30, 2017, 06:21:06 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

that's not the purpose of trading with bots, manual trading is even easier than using bots so in my opinion that those newbies may prefer to use manual method rather than bots,bots are used to prevent you from missing the opportunity which may come suddenly. if you can't setting your bot, you will lose, which mean only professional can.

Superways

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Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

You may saw a number of people after involving in crypto currency start trading thinking that it is an easy way to earn money even the do not have any knowledge about trade. So only these people often depend on bots for trade because for them because they are unable to do trade manually and they find working with bot easier while professional know well about how to trade so they do not depend on these bots for to start the trade.

janggernaut

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Quote from: veleten on January 29, 2017, 05:48:02 PM

I dabbled with different bots,some were really profitable..till they stopped working
unfortunately it is not so easy to find a good free trading bot nowadays
and the paid ones I'm trying to avoid

why you want to risk your money in free trading bot which could stealing your money? I like prefer to non-free (paid bot) rather than free bots which we don't know it's safe for our money or not. Currently i am little interested with Gun's trading bot (paid bot), it could be one of greatest trading bot in my opinion.

thebatletbet

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Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

where youre friend trading support use bot
and where youre friend get bot, is self create bot, or buy software bot trading (how much price), or free software
and about result , how much profit every month use bot trading and constant profit or not

betlord90

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Quote from: leero9 on October 06, 2016, 08:56:36 AM

I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!

This would be difficult, I think. Because using a bot doesn't assures us that it will work good for a long time. Bot can be damage by viruses and some bugs that will come out after some time. Using it in trading is so risky that you may lose all your Trading coins or maybe your bitcoin, don't you think? It would be better if you will do Trading manually for you to be in the safe side, and can be sure that you will not lose any Altcoins or your bitcoin. Also, for you to be sure that you won't face any consequences in the future.

royalfestus

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Quote from: Mr.grin on October 23, 2016, 10:51:43 AM

Well, I did not use to play trading bot, because I think it is very harmful and unpleasant. I better use it alone to play trading, because it can train me to become more intense in analyzing a coin prices, and it will enhance my ability and experience.

I have not seen it before let alone use but wonder the bad impression about it.What is harmful and unpleasant about trading bot? Some people even name it Illegal, which internet law bind it ?

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Quote from: extrabyte on October 06, 2016, 09:52:35 AM

I've never used any bots for trading.. I just do trading only a small time of daily bases.. and I think using bot is not good. as most trading sites don't allow it. if you still use it, it means you are breaking the rules which is illegal and can ban you from the site.

That's right, by doing it your nothing difference for a cheater, that is also cab called as fraud. Aside from breaking the rules, you are not transparent to your community. So I never use that both for trading ever.

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If someone of you is interested in a fully configurable bot that works on 18 exchange (20 in the next release) checks here : https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103
And if you have any doubt you can directly pm me Wink

veleten

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I dabbled with different bots,some were really profitable..till they stopped working
unfortunately it is not so easy to find a good free trading bot nowadays
and the paid ones I'm trying to avoid

carap

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I realized that many traders don't understand the whole concept of trading robots!

For that reason I opened my own thread - https://bitcointalk.org/index.php?topic=1722689.new - explaining some wrong assumptions about automated trading made by beginners.

Please, share your stories related to the use of bots in my thread. Whenever they are successful or the opposite it will be interesting to read those.
Please, don't write in if you don't have any experience in using trading-robots. Only comments from past or current users are welcome!

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Quote from: Pursuer on October 29, 2016, 06:34:18 AM

Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

you should always go with what you feel is best for you. if you are more comfortable with doing things yourself and can handle everything that way then that is the way to go for you.

bots are good for those who can either program it themselves by writing the code and do a customization. or for those who are willing to buy a powerful and most trusted bot with a long history and possibly higher price.

There is no better method but monitoring it yourself. There are some critical decision only human can do and is not appliable with bots. Sometimes trading price gone nuts and need an immediate decision which is far from capability of bots. For me bots can only be used when you are not infront of your computer and do the actual strategy you want to implement like buying at x price and selling at y price, then triggering stop loss once the price gone critical.

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Quote from: Indrawan77 on October 28, 2016, 11:29:16 PM

My friends always use bot for trading, he said that it it easier to control and easier to make the trade, but i myself never use any bot, i feel more satisfied by trading myself and i feel i can learn more things by doing trading myself

you should always go with what you feel is best for you. if you are more comfortable with doing things yourself and can handle everything that way then that is the way to go for you.

bots are good for those who can either program it themselves by writing the code and do a customization. or for those who are willing to buy a powerful and most trusted bot with a long history and possibly higher price.

Topic: Do you use a bot for trading? - page 10. (Read 17850 times)