Do you use a bot for trading? - page 12.

X-ray

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Quote from: icanscript on October 25, 2016, 10:01:20 PM

I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.

bot only help you to make a sell or buy in certain prices and have nothing to do with your chance of earning profit,you're the one who setting up the bot so if there's mistake that drive you to lose then it's definitely your fault,bot only exist to be supporting tools

maydna

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i am not familiar to use bot for trading because in my opinion i can not control what bot wants although i do make setting for the bot, but bot can do something wrong like me, so better to do trading with my self and trying the best i can.

icanscript

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I tried to use a bot, im really not that good at trading though.

I would love to get more into it. But I feel lost with trading.

Fatanut

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There's not that much point of using a bot in trading. It cannot fasten up the process. People will buy when they want, and people will sell when they want. Your bot cannot control other people's decision. Running a bot would also require your PC to be open 24/7. If you're not earning that much profit anyways, then you're just wasting your time. Moreover, I think the use of bots is actually not allowed. This one's from YoBit:

Quote

Any automation is strictly prohibited. Such accounts will be blocked with all funds!

arunka71

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Quote from: Skaven on October 25, 2016, 02:48:07 AM

I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.

Ok....you know, that professional bots can fetch a price and place an order in less than 1 microsecond? I know bots, that analyze thousands of markets every second. They may make not smarter decisions than you make, but I'm pretty sure they can make them a lot faster.

talkbitcoin

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All I know is that I know nothing.

why are some people in this topic like this, they are either against bots or for it passionately! you know there is a middle ground?

first step is knowing how to trade then if you know how to use a bot and have access to a good one it is a very good and handy thing to have but if you don't honor the first step then that is why you think bots are stupid.

X-ray

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Quote from: Skaven on October 25, 2016, 02:48:07 AM

I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.

the bot actually getting used to automatically sell or buying when it reached the limit prices that was you set up before while you're away from your pc so it's fine to use bot and there's no doubt if you can do better than a bot but human still have limit if it's about time

Alauria

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Quote from: senyorito123 on October 24, 2016, 08:35:11 PM

Quote from: dunfida on October 24, 2016, 09:02:27 AM

Quote from: n691309 on October 24, 2016, 03:20:39 AM

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!

I have never used a bot and was never interested in trading bots because you should be a very good developer (if they offer the source code of the bot of course) and understand how the bot works because that bot can lose our funds by pumping or dumping the price of the coin we want to trade

Using bots are just like you are automating your trades when you are not around but it doesnt even guarantee you to make succesful trades with it. There are some who would use it for convenience but its better for me to do it manually.

yeah thats why i never try to use it since bots are just an imaginary profiter in my opinion, tradings really need personal interaction so we can earn from it and bots are just an acessory that can be wipe out immediately, although theres people telling that they are earning from it i would not still believe that there earnings are good as those people who join on pump and dump groups, so the best thing to do trade really is to do it by ourselves and by this thing we can learn more lessons about tradings lapses.

I never want to use bots for my trades becuase i know for srue that when i am useing bots the price of the bitcoin will not tolerate me to deal with it
soi am trading by muy self without a bot.

Skaven

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I dont want to use bots when i am trading becuase i know for sure that i am doing many times better than a bot ok not many times faster off course but
bots does not update every second and i can.

1Referee

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Quote from: JeffBrad12 on October 24, 2016, 09:43:40 PM

Quote from: bitdrafter on October 24, 2016, 05:42:36 PM

Sometimes using a ping pong bot on the higher volume alt coin days when the spread opens up can be profitable. But I tend to do my trades manually still.

and what about the final definition from the experience in using bot trading? seems like to be a useless too, and i don't ever believe if that is will run for smooth.

The majority of the trades are done through bots, so in that regard I don't know why you think it's useless. Have you ever used one yourself? It of course depends on what kind of algorithm the bot is running at, but in most cases well experienced whale traders have the best devs on their side in order to constantly up the level of their bot when needed. All done so the bot recognizes and is able to anticipate on new patterns, different kinds of behaviours, etc.

JeffBrad12

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Quote from: bitdrafter on October 24, 2016, 05:42:36 PM

Sometimes using a ping pong bot on the higher volume alt coin days when the spread opens up can be profitable. But I tend to do my trades manually still.

and what about the final definition from the experience in using bot trading? seems like to be a useless too, and i don't ever believe if that is will run for smooth.

densuj

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I never using bot on trading, because i am believe on my analysis and bots of trading is not suitable for me, but if there are bots that can give profit consistently and suitable with my style of trading will use it. For right now it is hard to be found.

stadus

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Quote from: senyorito123 on October 24, 2016, 08:35:11 PM

Quote from: dunfida on October 24, 2016, 09:02:27 AM

Quote from: n691309 on October 24, 2016, 03:20:39 AM

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!

I have never used a bot and was never interested in trading bots because you should be a very good developer (if they offer the source code of the bot of course) and understand how the bot works because that bot can lose our funds by pumping or dumping the price of the coin we want to trade

Using bots are just like you are automating your trades when you are not around but it doesnt even guarantee you to make succesful trades with it. There are some who would use it for convenience but its better for me to do it manually.

yeah thats why i never try to use it since bots are just an imaginary profiter in my opinion, tradings really need personal interaction so we can earn from it and bots are just an acessory that can be wipe out immediately, although theres people telling that they are earning from it i would not still believe that there earnings are good as those people who join on pump and dump groups, so the best thing to do trade really is to do it by ourselves and by this thing we can learn more lessons about tradings lapses.

I have not used bot in my entire life in trading and I will never used it as I do not hear any good story of success using bot. In dice I have tried once and I realize early that I am just fooling myself since there is a house edge and I cannot win in the long run, so I also think if I cannot be successful in dice when a system was implemented so how much more for the trade that the movement is base on the actual market status.

senyorito123

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Quote from: dunfida on October 24, 2016, 09:02:27 AM

Quote from: n691309 on October 24, 2016, 03:20:39 AM

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!

I have never used a bot and was never interested in trading bots because you should be a very good developer (if they offer the source code of the bot of course) and understand how the bot works because that bot can lose our funds by pumping or dumping the price of the coin we want to trade

Using bots are just like you are automating your trades when you are not around but it doesnt even guarantee you to make succesful trades with it. There are some who would use it for convenience but its better for me to do it manually.

yeah thats why i never try to use it since bots are just an imaginary profiter in my opinion, tradings really need personal interaction so we can earn from it and bots are just an acessory that can be wipe out immediately, although theres people telling that they are earning from it i would not still believe that there earnings are good as those people who join on pump and dump groups, so the best thing to do trade really is to do it by ourselves and by this thing we can learn more lessons about tradings lapses.

strikers1945

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No! I didn't did that

bitdrafter

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Sometimes using a ping pong bot on the higher volume alt coin days when the spread opens up can be profitable. But I tend to do my trades manually still.

katrimans

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Quote from: nindie on October 16, 2016, 12:51:46 AM

iam never use bot in trading
trading use bitcoin and altcoin is not good use bot
is selling bot is accurate i think never selling but self use bot to get maximal profit

Like you mentioned, trading bitcoin/altcoin pairs may not be a good idea but if the altcoin been traded against bitcoin is one of the popular ones that has value like litecoin, ethereum and co, then the use of bot in trading them may be applicable and profitable in few instances and not all the times.

MuscleMan

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Which interface you meant?

Caladonian

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if you know how the movement will go you can take advantage of the bot but if you are still in the learning process much better to keep on eye and manually trade by yourself,.

DixieCrayon

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I dont want to use bots for the trades becuase i know the price better than the bots does when you trade and the price is dropping that time and there is a faul in the bot you wll
regret that for the rest of your life for sure!!

Topic: Do you use a bot for trading? - page 12. (Read 17850 times)