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Topic: How do you trade? At the exchange? Platform? Bots? (Read 826 times)

legendary
Activity: 3276
Merit: 1128
Trading manually goes a bit convenient for me. Bots make work easier undoubtedly but yet there might be some minor changes which we would need to speculate on our own in order to gain some profits from the minor price changes.

To me, using a bot to execute our trades would be profitable for mid range or long range trading but for short term, I prefer to trade by myself. I usually trade on the price of bitcoins and $100 to $300 gap also makes me earn some profits which is actually a bit instant because it does not take time for bitcoins to move by 300$ price intervals and this is where I find my spot to quickly enter and exit the markets.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
I am trading manual because I don't feel right to trade using a bot. I want to explore how to analyze the market, and I want to learn more about trading because with having more information about trading, I can have more skills in trading that will be useful for me to choose the coin. I know that it will not easy, but I can accept that as long as I can find out how to analyze the market with good. But right now, I don't trade too often because I am waiting for a good time to buy and sell by analyzing each coin. And I can not get the coin, and I will stop to analyze for a while and only watch the market movements.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
i like the idea of we non programmers/coders can make our own bot  . that means its user friendly   .that is better than trusting other bots coded by some random programmer  . we dont know whats inside them   . whats worst is that thier bots are faulty or have some malwares inside it   its pretty risky   . in my case i do both manual and auto using thet exchange's built in auto trade system  . havent tried using bots  yet but i will be looking forward to try what the op have been using as it sounds cool to me  .
You should not blindly trust OP in terms of using any bot which would not require any coding information. Such bots actually have pre-written codes which they might execute on suitable trades. We might just need to setup actual margin, entry price, exit price, trailing profit, stop-loss, etc to make it convenient for ourselves but sometimes it can be riskier to use any random bots to perform trades on our behalf. You have to link the trading bot with an API key given by the exchange.

Some exchanges never allow withdrawals via API but yet there are few exchanges who might give access to the bot to withdraw your funds only with the help of the API key.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
Honestly mine is so boring that people would be literally suggesting to do otherwise of what I am doing. I just put my money into bitcoin through my local exchange, then send it to somewhere as trusted as binance (usually just binance) buy the coin that I like that may go up, then just let it sit there as long as required, usually not even trading it back, just keeping there like a long investment.

I know people have figured out ways to make better profits and better methods but I am just too stupid to make those kinds of wild moves that yield bigger profits, so I use the old system where I just buy and let it be. If I were to try the other methods that further developed traders are using right now, I know instead of making more profits I would instead lose money.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Trading bots are great in my opinion of course because it let's you automate your trades while you're away like for e example taking a nap, do groceries, meet up with friends etc. You can now all do these without having to sit on a pc all day, if of course its properly coded and with algorithm's that is advance enough to know when to short or to long.
Trading bots is good but it costs a lot to get it and of course not everyone can use and own it for this reason, but if you have a lot of money then of course choosing to use bots trading is the right choice, and if we are still constrained by costs it will be more good to continue to develop skills because using bots trading or not it still allows us to generate profits that are not much different.
sr. member
Activity: 1400
Merit: 269
Trading bots are great in my opinion of course because it let's you automate your trades while you're away like for e example taking a nap, do groceries, meet up with friends etc. You can now all do these without having to sit on a pc all day, if of course its properly coded and with algorithm's that is advance enough to know when to short or to long.
sr. member
Activity: 1036
Merit: 281
I trade by myself ( manual).  Before buying any tokens / coins, check some things. Project Details, Volume, What's upcoming news.Seeing all this, I take trade. And a lot of risk traded with bot.Trading with another person's bot is a danger. I mean, how is he Program it’s? Maybe all my funds could be lost.

Bot is programmed in such a way that users or traders find it easy to trade, especially for faster trading.
However, your fear is as same as some people's. I have hear some traders same they can't use a bot for trading because of the fear of it being manipulated by the exchange developers, though, can't still say how true this is.

Try to trade using good platforms, I use Binance since 2017 and I found it very useful and effective as you want to become a professional trader. In trading you should take a risk to earn profit, in investing your money, choosing an effective platform is important lessen the risk that you will have. If you are comfortable and you trust the platform that you use, you will get used to it and trading will become easy for you. Also being knowledgeable about the platform will help you to become more productive. That's what I learn when using Binance for almost 2 years and now is 2020, I'm hoping for more successful transaction with anyone who is a good customer and legit buyer.
Most of the traders have account in Binance because it already has established name where it can considered one of the most reputable exchange. I also have account there and most of my fund are in there. The platform is good, the support is also good where I can communicate to their team if their is a problem. The volume is also real, we should be aware that there are exchanges who have fake volumes and we should avoid that kind of exchanges.
sr. member
Activity: 1120
Merit: 272
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I trade by myself ( manual).  Before buying any tokens / coins, check some things. Project Details, Volume, What's upcoming news.Seeing all this, I take trade. And a lot of risk traded with bot.Trading with another person's bot is a danger. I mean, how is he Program it’s? Maybe all my funds could be lost.

Bot is programmed in such a way that users or traders find it easy to trade, especially for faster trading.
However, your fear is as same as some people's. I have hear some traders same they can't use a bot for trading because of the fear of it being manipulated by the exchange developers, though, can't still say how true this is.

Try to trade using good platforms, I use Binance since 2017 and I found it very useful and effective as you want to become a professional trader. In trading you should take a risk to earn profit, in investing your money, choosing an effective platform is important lessen the risk that you will have. If you are comfortable and you trust the platform that you use, you will get used to it and trading will become easy for you. Also being knowledgeable about the platform will help you to become more productive. That's what I learn when using Binance for almost 2 years and now is 2020, I'm hoping for more successful transaction with anyone who is a good customer and legit buyer.
newbie
Activity: 56
Merit: 0
Hey: I Just place my orders directly on  exchanges I also trade on a single platform that allows trading multiple exchanges one place Thank you Kiss
full member
Activity: 1750
Merit: 118
i like the idea of we non programmers/coders can make our own bot  . that means its user friendly   .that is better than trusting other bots coded by some random programmer  . we dont know whats inside them   . whats worst is that thier bots are faulty or have some malwares inside it   its pretty risky   . in my case i do both manual and auto using thet exchange's built in auto trade system  . havent tried using bots  yet but i will be looking forward to try what the op have been using as it sounds cool to me  .
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I wonder how many traders here are still trading manually… There are so many advantages to having a bot trade for you! Of course, you can't just have any random bot following any random logic!
You have already answered why many traders are still trading manually; yes rather than using any random logic of a random bot, it will be much better to believe in our own trading skills to crack profits against unpredictable market fluctuations.

Yes, there are lots of trading bots are available in the market but how efficient they are. I have never seen any consistent performance of a bot against all type of market conditions. It means some bots works well in some market conditions and then start booking losses in all other market conditions or may remain sleeping without triggering any new trades. Manual trading must be 1000% better than struggling with a random thing.

A trading bot should be your assistant not a sociopath trying to push you into bankruptcy  Grin or doing whatever someone else programmed it to do!  Roll Eyes
Basically, I'm not ready to believe into someone else who generate signals for me either for payment or free. I prefer trading on my own signal because I am believing into my market analyzing capabilities which means I'm not having any problem with my manual trading hence I believe there will be no need of any assistant.
full member
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
Hey!

I've been trading crypto manually for two years, but an open-source project I work with just released a platform that allows non-coders to automate their strategies, so I'm now using my own bots to trade: they do exactly what I tell them to do, as they implement my own strategies. You can watch a 2-min video showing off the app here: https://youtu.be/uhzflZWB7dc

I wonder how many traders here are still trading manually… There are so many advantages to having a bot trade for you! Of course, you can't just have any random bot following any random logic!

A trading bot should be your assistant not a sociopath trying to push you into bankruptcy  Grin or doing whatever someone else programmed it to do!  Roll Eyes

So tell us... how are you doing your trading?

Feel free to tell your trading story too!


I'm still new to trading so I stick to social trading platforms like eToro. It really helps me build confidence to be able to watch other more sucessful traders trade and compare my strategy and decision making technique to theirs.

For making trading, we have a different bias of the platform and supports because we have diverse expertise, and most If the time, those platforms have a distinct advantage too, and also sometimes, it is suitable for your needs as a trader. Being a trader for almost a year, I becomes loyal into a web-based platform because most of the time I'm facing with my computer and I love you explore something that will help me to my investment in trading and also that platform has a lot of features like notifying for having a reasonable market price and also it is faster and easier to buy and sell some funds, and also for me it is easier to trade more coins with using web base because it is easy to find where kind of tab or page I'm looking for instead of using buttons. This is just my perspective only.
sr. member
Activity: 1148
Merit: 268
Many people do business in many ways Your first strategy is very good It will help me a lot in my later work I usually use bots very rarely when trading I trade myself and try to hold. I avoid the risks of investing and researching different places to trade so I have less fear of losing money.
member
Activity: 346
Merit: 47
Hey!

I've been trading crypto manually for two years, but an open-source project I work with just released a platform that allows non-coders to automate their strategies, so I'm now using my own bots to trade: they do exactly what I tell them to do, as they implement my own strategies. You can watch a 2-min video showing off the app here: https://youtu.be/uhzflZWB7dc

I wonder how many traders here are still trading manually… There are so many advantages to having a bot trade for you! Of course, you can't just have any random bot following any random logic!

A trading bot should be your assistant not a sociopath trying to push you into bankruptcy  Grin or doing whatever someone else programmed it to do!  Roll Eyes

So tell us... how are you doing your trading?

Feel free to tell your trading story too!


I'm still new to trading so I stick to social trading platforms like eToro. It really helps me build confidence to be able to watch other more sucessful traders trade and compare my strategy and decision making technique to theirs.
sr. member
Activity: 882
Merit: 260
For almost 2 years ,i still prefer trading at the exchange manually because i feel more safe and i feel condident at myself when trading manually,  i am sure there are a lot of traders who do the same and there is no doubt that trading at the exchange will always be the best,
sr. member
Activity: 432
Merit: 250
Febriyana Muhammad
I always trading manually, i ever use bot, but i always scary so always checking my bot is give mistake or not, that is bad waste my time to see it everytime.
Personally, i trade manually because i care my time.
So i will try analyze coin one by one to see the opportunity of profit, after that click buy and sell with my hand.
There is some experience and i love it!
full member
Activity: 966
Merit: 153
I trade by myself ( manual).  Before buying any tokens / coins, check some things. Project Details, Volume, What's upcoming news.Seeing all this, I take trade. And a lot of risk traded with bot.Trading with another person's bot is a danger. I mean, how is he Program it’s? Maybe all my funds could be lost.

Bot is programmed in such a way that users or traders find it easy to trade, especially for faster trading.
However, your fear is as same as some people's. I have hear some traders same they can't use a bot for trading because of the fear of it being manipulated by the exchange developers, though, can't still say how true this is.
newbie
Activity: 2
Merit: 0
I trade on two platforms, for fiat. within 2 years I am in  plus. in 2017, at the peak, the floor of the deposit saved. now catch up. In the fiat market it’s easier, I buy on one exchange, I sell on another, using intermediate. two more Binance Exmo exchanges
hero member
Activity: 1806
Merit: 720
Top Crypto Casino
I trade by myself ( manual).  Before buying any tokens / coins, check some things. Project Details, Volume, What's upcoming news.Seeing all this, I take trade. And a lot of risk traded with bot.Trading with another person's bot is a danger. I mean, how is he Program it’s? Maybe all my funds could be lost.
copper member
Activity: 87
Merit: 6
Using Bots is not a good idea because if exchange funds definitely they will block the accounts, manual trading is always good for the investors because based on their knowledge they might make profits. Trading manually through technical analysis will help to acquire more knowledge and can make profits with the fluctuations.

Are you kidding me? Exchanges make a living out of bots generating volume, thus transaction fees...
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