Currently, a large number of people use trading bots. It enhances the yield and improves a person's chances of producing money. It is capable of determining the time and assisting in trading at a logical time. Trading bots come in a variety of forms, and it is up to the individual to decide which form of trading bot he wants to use. If you have no prior experience with bots, it does not appear to be a good idea to utilise them. Because you can't utilise it if you don't know how to use it.
You are right, what happens is that now exchanges are not allowing commercial bots, because they have a type of security through captchas, regularly when you go to make a withdrawal if the system determines that it may be a bot, the same exchange requires you You should take a quick photo of your face to confirm that you are the one who is there, also the best trading bots are those with artificial intelligence and are usually used for arbitration, a normal trading bot that can be introduced is to make commercial decisions according to a technical analysis that is introduced.
Topic: Does someone use trading bots? - page 2. (Read 517 times)
I use trading bot very well and I always make good profit from it. My trading bot do not trade the future market cause it does not predict the market price. It buys and sells continually depending on how versatile the crypto market is. Some trades usually takes days for it to make profit while some just few minutes or hours. Trading is risky but it depends the kind of market one is trading.
Trading bots is so dangerous. My friend use it in forex and blow his account three times. His capital three times blow and money he use to buy the bot lost. he is regreting it until today. This is for forex trading. I don't know how both work here in cryptocurrency trading platform.
A bot is a just a tool, your friend either did not used the bot correctly or the bot was coded with a poor strategy, if it was the former then your friend is at fault but even if it was the latter he is at fault too, as it is irresponsible to use a trading tool without verifying that the strategy that is using can give your profits in the market, this proves that bots can be effective at making you money on the markets, but they can lose your capital incredibly quickly as well if you are not careful when you are using them. 
Why do people do really have this kind of impression towards bot? Most of them do really believe that it is set up on being profitable?
Havent they able to think that it was just for an automation tool and it doesnt involve nor does give out guarantees for you to make money or profits guaranteed?
Nothing beats out if you do know on how to trade up manually but using up bots would be effecient if you are away and not on the front of your computer but of course you would still need to be wise on how to set it up.
Because they believe in bots with their own income so this makes a lot of people interested, even in my country I often see convincing bot trading offers saying you just sit back and work is bot trading, this word seems as a sweetener to promote but will stuck for those who bought it.Havent they able to think that it was just for an automation tool and it doesnt involve nor does give out guarantees for you to make money or profits guaranteed?
Nothing beats out if you do know on how to trade up manually but using up bots would be effecient if you are away and not on the front of your computer but of course you would still need to be wise on how to set it up.
It will not give any guarantee to the bot and the tool will definitely not work perfectly there is always a big risk behind it.
Manual trading is the most effective, everyone does it even with their own more accurate analysis for sure.
Seriously have not really used any bot before and i don't really believe in trading bot, I believe in doing your technical analysis yourself before entering your trade. Have heard different bad stories about trading bit failing people but I believe there will definitely be some that will be good but have not tried any before because I believe in me trading by myself.
many people want to get something instantly, that's why they use bots even for trading. I agree that it is better to develop yourself in the world of trading than using bots. we don't know how the system will work, and if we're too busy, it's likely to end badly. personally, i never use bots. Well, I think the results I get can be maximized with my own efforts. if I get a loss, then it will be a lesson to be taken. bots won't always work perfectly so I think it's better to trade manually trusting in own ability,
with us continuing to develop our knowledge and skills it is not impossible that it can make us successful
Havent they able to think that it was just for an automation tool and it doesnt involve nor does give out guarantees for you to make money or profits guaranteed?
Nothing beats out if you do know on how to trade up manually but using up bots would be effecient if you are away and not on the front of your computer but of course you would still need to be wise on how to set it up.
Seriously have not really used any bot before and i don't really believe in trading bot, I believe in doing your technical analysis yourself before entering your trade. Have heard different bad stories about trading bit failing people but I believe there will definitely be some that will be good but have not tried any before because I believe in me trading by myself.
many people want to get something instantly, that's why they use bots even for trading. I agree that it is better to develop yourself in the world of trading than using bots. we don't know how the system will work, and if we're too busy, it's likely to end badly. personally, i never use bots. Well, I think the results I get can be maximized with my own efforts. if I get a loss, then it will be a lesson to be taken. If a good number of people is using a trading bot that uses the same indicators/strategies, it might end up not being profitable. Hence why the general recommendation is to learn how to actually trade yourself, so you can use your own strategies on a custom-made bot.
Actually that's the best case because market needs immediate reactions that could give you profits but if you rely on trading bots that might not be successful in every scenario so it's best to learn all by yourself as your mind is the best helper to you.Even me, I less to nothing interest at them as I could even manage my time in trading while working. As long as I can do both, that certainly never gives me a reason to even try at them.
If a good number of people is using a trading bot that uses the same indicators/strategies, it might end up not being profitable. Hence why the general recommendation is to learn how to actually trade yourself, so you can use your own strategies on a custom-made bot.
Actually that's the best case because market needs immediate reactions that could give you profits but if you rely on trading bots that might not be successful in every scenario so it's best to learn all by yourself as your mind is the best helper to you. 
Seriously have not really used any bot before and i don't really believe in trading bot, I believe in doing your technical analysis yourself before entering your trade. Have heard different bad stories about trading bit failing people but I believe there will definitely be some that will be good but have not tried any before because I believe in me trading by myself.
is it possible that, in addition to simply detecting patterns, the bot also calculates the technical price target and looks at how many patterns reach it, so that the percentage of success of the trade can be determined?
Technically all strategies could be coded and implemented into trading bots but its effectiveness against different market fluctuations my not be estimated well in advance. It means only against certain expected market conditions, most trading bots might be getting us profits and beyond those "covered situations", you may or may not get profits because programming codes cannot think and act on their own hence it will buy or exit at pre-determined levels which might be getting you profits or losses.How do you feel about trading bots? Have you ever used it and can you advise something about this?
After continuous losses I decided to stay away from trading bots. But, thanks to failed trading bot experiences, I started focusing on manual trading which is somehow consistent for me so far. How do you feel about trading bots? Have you ever used it and can you advise something about this?
Not yet used NWC trading bots, But I have heard about NWC bot. I am a regular User of =https://www.pionex.com/Pionex bots. Here you can trade cryptocurrency with 16 Free in-built trading bots. One year has gone and still, I am using their bots without any kind of problem. First I was a user of Bituniverse, but When they started Pionex, I become a regular user of this site.
Still, I use Bituniverse because all of the coins are not listed at pionex. so I use the API key at Bitunivese and can able to create a bot without any hassle. You can try both of them, both are user-friendly and there are a ton of videos available on youtube/blog on how to use them.
You can also check this thread: [BIG LIST] Crypto Trading Bots]
I tried using trading bots before and at first, it was fun but I realized that I wasn't gaining a good profit so I prefered trading with my own skills. To be honest, using trading bots would be too risky compared to using our own skills. It would be better to do it personally so we'll be able to control things well.
If a good number of people is using a trading bot that uses the same indicators/strategies, it might end up not being profitable. Hence why the general recommendation is to learn how to actually trade yourself, so you can use your own strategies on a custom-made bot.
I think these are one of the disadvantages of having bots which are used by many other traders, it gets to be less profitable as some of these manipulative brokers can easily go for stop losses to take you out of the market or manipulate market to go the opposite which could force traders to prematurely close trades or open new positions which could end up losing and broker walks away as the winner.But overall bots are good for taking out profits, price alerts, opening and closing traders and nothing more.
Trading bots is so dangerous. My friend use it in forex and blow his account three times. His capital three times blow and money he use to buy the bot lost. he is regreting it until today. This is for forex trading. I don't know how both work here in cryptocurrency trading platform.
Bots are bots, wherever you use them, for forex, crypto, gambling... bots can be dangerous if you don't know how to set them up! And people make that mistake everywhere, they don't set it up correctly, and bankroll just drops to zero at one point! You can't blame the bot, it's a human error! So setting up a bot is very important, but don't forget that every setup (strategy) needs a minimum bankroll to work properly!
I tried some trading bots before... I didn't win/lose much in general, I had a very careful approach, and I didn't want to invest too much, and results are like that! Also, I didn't spend too much time figuring it out completely, that takes time for sure, for someone who is in touch with bots for the first time.
Trading bots is so dangerous. My friend use it in forex and blow his account three times. His capital three times blow and money he use to buy the bot lost. he is regreting it until today. This is for forex trading. I don't know how both work here in cryptocurrency trading platform.
Trading bots are goods for automatic tradings, rather than manually waiting for some changes on the market. You can set up the bot what it can do if something happened on the market like increase of orders, execute transactions and other strategies. I personally use bots for passive trading and I can tell that it don't work perfectly yet but I am earning good amount.
and Bots are usual use of traders , more of those who had been in trading daily and had some work that cannot focus infront of computer each time/in this Bot Helps a lot .
Then you are a Good trader , not needing any Bot but can make money in trading safely?
Trading bots are goods for automatic tradings, rather than manually waiting for some changes on the market. You can set up the bot what it can do if something happened on the market like increase of orders, execute transactions and other strategies. I personally use bots for passive trading and I can tell that it don't work perfectly yet but I am earning good amount.
Yes, there must be someone who uses bots for trading. But it wasn't me and for some reason I wasn't interested in it. I feel capable and have the time to trade independently. Maybe some people use bots to save more their time or because they have too much work but still want to trade so the way to go is to use bots. Bots themselves can also do their job well and even make a profit.
In markets like forex and others bots are incredibly common on investing firms, we must remember that while I think humans are probably better than any bot, we face a lot of limitations, a bot can trade without any kind of rest while never making mistakes and watch basically all the markets of the world at the same time, when we think of such a bot it is obvious it will generate more profits than a human not because it performs better than them but because of the sheer volume it can manage, which is why trading bots are important tools if you are capable of adding them to your arsenal. Hello everyone.
Recently I became interested in the topic of trading bots, so I decided to study the information about it. After reading several articles, I realized that there are many different opinions and therefore it is very difficult to decide for myself whether to use bots well or badly.
So I decided to try a few bots. I drew attention to the bot announcement from NWC. I think it's better to use software from a well-known company. This gives more confidence in a good result. As far as I understand, a bot for testing on historical data uses certain algorithms to automatically detect the most important patterns on the charts.
However, is it possible that, in addition to simply detecting patterns, the bot also calculates the technical price target and looks at how many patterns reach it, so that the percentage of success of the trade can be determined?
How do you feel about trading bots? Have you ever used it and can you advise something about this?
Recently I became interested in the topic of trading bots, so I decided to study the information about it. After reading several articles, I realized that there are many different opinions and therefore it is very difficult to decide for myself whether to use bots well or badly.
So I decided to try a few bots. I drew attention to the bot announcement from NWC. I think it's better to use software from a well-known company. This gives more confidence in a good result. As far as I understand, a bot for testing on historical data uses certain algorithms to automatically detect the most important patterns on the charts.
However, is it possible that, in addition to simply detecting patterns, the bot also calculates the technical price target and looks at how many patterns reach it, so that the percentage of success of the trade can be determined?
How do you feel about trading bots? Have you ever used it and can you advise something about this?
I dont use bots for trading, im doing it my way.
I never used bots when it comes trading but i have friends who used bots for short term and he really get good profits from it for 3 months , and what i saw the bots keep updating him every day such how many trades it made and how many losses and successful trade he had after 24 hours.. It's very amazing to be honest because your not doing anything and you have income, that's why that day i can say bots is useful, but for me i don't want to rely on it since i can do full time in trading, so i didn't become interested although i see what he made from it, so i forgot the name of that bots.. 
Profitable bots are expensive, but it's worth it. However, using bots might not always meet your expectations, so I don't really recommend using bots in Trading. I'd rather choose trading by myself so I can enjoy my losses and wins, also to gain experience to become a better trader. It's much better to trade for yourself so you could cherish all of your hard works and you'll see for yourself what Trading world really is.
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