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Topic: Do you use a bot for trading? - page 4. (Read 17845 times)

sr. member
Activity: 1176
Merit: 252
March 07, 2017, 12:27:09 PM
Never use bots. Thay cannot make a deal as human mind can
true, sometimes the actions taken very different bot we think. but, it is also commonly used by people who have very little time in playing trading. but, using a bot, have a greater risk than with manual trading.
newbie
Activity: 4
Merit: 0
March 07, 2017, 11:40:00 AM
Never use bots. Thay cannot make a deal as human mind can
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 07, 2017, 11:06:54 AM
I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.
Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings.
It is more important but actually you can choose between luck and skill and luck is something that would come to you if it has to. I believe if we can implement some skills in our gambling then that's much better. Sports betting is a classic example because there we can see the past records of the teams and hence bet accordingly.

Always I do prefer going for trading manually. Because, all the bots I have tried did not bring successful trades all the times. Now also I am looking for trading bots as I do hear they will automate some of our routine works like part of our research and analysis. But I will take the final decisions whether to trade or not.
legendary
Activity: 938
Merit: 1002
March 07, 2017, 07:01:12 AM
I did not use a bot for trading. I manually used trading for an altcoins. I didn't want the bot, handle my money, I want me to handle it. I want to have a fair about trading and even there is no bot for trading, it also act like that.
The bot does not handle your money actually, it just uses your instructions to create buy and sell orders but yeah sometimes bots can be pity as when a coin is rising quickly it would just sell them, while manually you can change your decision at the last minute and rather sell on higher price and that's the only plus point using manual strategies rather than filling data in bots.
hero member
Activity: 994
Merit: 502
March 07, 2017, 01:54:45 AM

If you want to make some profit with trading (arbitrage), you cannot rely on bots. You have to do some manual research.

The first one is on me:

- Current trading rate at Coinbase -  $1270

- Current trading rate at SurBitcoin - $1530


I already sold 15.17 bitcoins myself and i received an usd payout
Well done. Manual research gives the best profit compared to the bots. Bots work based on the way it's been programmed or developed. Same time if you're using your mind to calibrate and decide then you can increase the profit even when price is not varying much.
legendary
Activity: 1386
Merit: 1058
March 07, 2017, 12:51:14 AM
Thanks for help I am really happy because I got answers here and I decided to try to buy some cheap bot which I can use for trading.I will buy couple of cheap bots and it it makes me nice profit then I will still trade but if not then I will stop buying bots and I will learn to trade alone.
I don't know friend who gave you advice but actually never use these bots in altcoins trading since it would always end up in loss. And I think bots can help in creating buy and sell orders right ? That can be easily done by creating orders manually too ?

I mean you can create buy and sell orders for predetermined price and then just relax, why depend on a bot that has no brain and knowledge ?
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 07, 2017, 12:14:25 AM
I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.
Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings

I think that most trading bots are useless overall

There are two classes of bots which can be of real help, though. The first class (which I used myself in the past and am going to use in the future) consists of bots that just place orders for you. For example, you set a range (spread) for your buy and sell orders, and the bot just adds the opposite order when the trade gets executed. But there are bots that trade specifically against these and similar bots (unless the latter are more advanced and take precautions against the former). The second group consists of arbitrage bots and that's how easy money is earned in the markets
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
March 06, 2017, 07:42:12 PM
Thanks for help I am really happy because I got answers here and I decided to try to buy some cheap bot which I can use for trading.I will buy couple of cheap bots and it it makes me nice profit then I will still trade but if not then I will stop buying bots and I will learn to trade alone.
Be careful about buying the bot because too many the fake bot to steal your exchange account, and just try to buy the recommend trading bot in here. Gunbot is good bot for you and you can try it.
sr. member
Activity: 672
Merit: 250
March 06, 2017, 06:36:43 PM
I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.
Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings.
newbie
Activity: 52
Merit: 0
February 22, 2017, 03:13:42 PM
Thanks for help I am really happy because I got answers here and I decided to try to buy some cheap bot which I can use for trading.I will buy couple of cheap bots and it it makes me nice profit then I will still trade but if not then I will stop buying bots and I will learn to trade alone.
legendary
Activity: 1218
Merit: 1000
February 22, 2017, 02:25:28 AM
Can somebody send me in pm name of some kind of trading tool for trading in any site or just in specified site i really dont know how it works for which sites we can find program and can we get for free or we need to buy it.
https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214

You will be difficult to get it for free. most of the trading tools are not free in my mind.

yes, because that bot is need support from the dev and need to gets update and if we only get for free then we can not get the latest update. i am prefer to do trading with manual because from trading manual, i can learn many thing and trying to make my analyze so i think if we do this over and over, then in the long term, we can easy to analyze when the falling is come or when the increase price is come.
agreed, besides, if doing it manually, so many experiences that we get, and even if we lose, at least, we will not regret the choice we make. I think using bot will also be prone to experience a loss, besides, perhaps, the percentage of accounts banned growing.
newbie
Activity: 14
Merit: 0
February 22, 2017, 01:02:41 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!
It more interesting if you don't use bots , In trading you will one who see the trading and it more thrill when you're the one who gonna buy and sell the coins as of now i do small trades for altcoins and ico's but if im giving a chance to create bot i probably build one your just making a big mistake making human tobecome more lazier
I don't consider to use bot in trading. Personally i don't use bot i manage my tradings all by my self in my own time . I handle it and manage it will all my best. And in fact many site don't allow us to use bot cause it's like cheating. Aside for that it's much better to work to earn . And if you have goals it much better if you are the who will pursue not just the bot you will use. Don't be lazy ! Work hard to earn Smiley

Well this is the way that is best and most profitable. Because the trade automatically and manual will certainly be more profitable they are doing it manually, because trading has no definite lines so that if we just use a bot which has a path that is for sure. It will make us a lot of loss, the experience will be much more gives the best effect than have to do it with the automatic way
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 21, 2017, 08:27:46 PM
Can somebody send me in pm name of some kind of trading tool for trading in any site or just in specified site i really dont know how it works for which sites we can find program and can we get for free or we need to buy it.
https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214

You will be difficult to get it for free. most of the trading tools are not free in my mind.

yes, because that bot is need support from the dev and need to gets update and if we only get for free then we can not get the latest update. i am prefer to do trading with manual because from trading manual, i can learn many thing and trying to make my analyze so i think if we do this over and over, then in the long term, we can easy to analyze when the falling is come or when the increase price is come.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
February 21, 2017, 06:21:35 PM
Can somebody send me in pm name of some kind of trading tool for trading in any site or just in specified site i really dont know how it works for which sites we can find program and can we get for free or we need to buy it.
https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214

You will be difficult to get it for free. most of the trading tools are not free in my mind.
newbie
Activity: 52
Merit: 0
February 21, 2017, 05:19:11 PM
Can somebody send me in pm name of some kind of trading tool for trading in any site or just in specified site i really dont know how it works for which sites we can find program and can we get for free or we need to buy it.
hero member
Activity: 798
Merit: 501
February 20, 2017, 02:55:53 PM
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 don't have any experience to use both in the exchange trading platform. But I read some of it, and having an interest to try it, only need a monthly cost to avail it and it depend on the bot you like to use just the minimum I remembered was 0.01 monthly.
i am hearing about this for the first time i personally have never use it and therefore do not have any experience of bot trading i will also like to learn about and get experience about that. but presently i do not have any idea about that.
sr. member
Activity: 784
Merit: 250
February 19, 2017, 04:42:35 PM
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 don't have any experience to use both in the exchange trading platform. But I read some of it, and having an interest to try it, only need a monthly cost to avail it and it depend on the bot you like to use just the minimum I remembered was 0.01 monthly.
member
Activity: 86
Merit: 11
February 10, 2017, 10:32:50 AM
 Grin Grin Grin
Looks like discussion of various aspects related to bot creation has killed this thread
 Roll Eyes Roll Eyes Roll Eyes
member
Activity: 86
Merit: 11
February 05, 2017, 01:13:38 PM
Quote
I've seen api's that allow you to download thousands and thousands of your past trades but don't provide an option to download just a few last trades starting from a given timestamp. Pretty obvious thing even for people not connected with trading, isn't it?
Absolutely! And some markets are not giving you your history for longer than last month. And in case you have some super optimistic order that is likely not to be executed soon (like sell Bitcoin for 5000), you have to sync your history with some database to keep a track of. Or you have to separately check statuses of every elder order.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
February 05, 2017, 01:05:13 PM
Quote
What I mean basically comes down to sending authenticated requests (e.g. adding or removing orders) without having to wait until you receive a reply from your previous authenticated request.

Actually, that aspect of implementation pissed me off at the very beginning. When I want to let's say cancel 10 orders, why I can't simply list them all in single request. And after send a second request, listing these orders and requesting their current statuses. If some of them are cancelled and few hasn't yet and remain active I will receive that data in a single reply. Or when I have 20 orders and I would like to check their statuses (whenever they are executed, active, of partially completed), why can't I simply send a list of OrderIDs in a single request like "CheckStatuses: Count=20; ID1= ... ID20= " and in response receive a same list, but mentioning the current status of each. That be so much simpler!

In fact, some exchanges allow just that

If I'm not mistaken, Bitfinex allows you to enumerate the IDs of the orders and batch-cancel them by sending a single request. But most api's that I've seen so far are just ugly from a trader's point of view. It looks as if they were coded by developers that didn't have a slightest idea what traders actually need. For example, I've seen api's that allow you to download thousands and thousands of your past trades but don't provide an option to download just a few last trades starting from a given timestamp. Pretty obvious thing even for people not connected with trading, isn't it?
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