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Topic: Manual vs Automated trading - page 2. (Read 372 times)

copper member
Activity: 205
Merit: 2
September 12, 2018, 05:17:37 AM
#18
I don't trust automated trading at all. I think all these automated systems were made just to scam people and help them lose their money quickly, so stay away from them. Only your brain can make a right decision.
sr. member
Activity: 980
Merit: 294
September 11, 2018, 08:48:58 AM
#17
both are good if you interested but I am happy with manual trading.becouse manual trading gives me lots of experience which I can feel really good. I trust that experience makes me perfact.so I always search manually & happy with this kind of trading.
Even you have tons of experience you'll never be perfect because trading and losses can't be separated, even we didn't like it.

Using trading bots are just for weak and just relying their profit in an automated system and besides my friend told me that he once used bots and it happened that glitches occur which tend him to loss instantly. It's better to have first hand in manual trading since our money is at stake.
full member
Activity: 451
Merit: 100
September 11, 2018, 08:45:28 AM
#16
I think manual trading is good for new comers of crypto space.Bots are playing with our assets isn't good for big holders
hero member
Activity: 1666
Merit: 629
September 11, 2018, 08:28:27 AM
#15
Created this thread to discuss how important is it automate your trading strategies.

Out of curiosity, just wanna know how many of you guys are still manually trading? And how many of you are automating your trades? And if you are automating them, are you making consistent profits? What are the pros and cons?

Manually trading is difficult, laborious and patient, but automatic trading is easy, simple and sometimes profitable. But there is also a fact that there is a high risk factor for the use of boots in automated transactions and the information of our account can always be known by someone else. Other people can control our accounts and use it for a variety of bad purposes. Of course, it is possible to eliminate all these disadvantages with a quality service, but this is a very expensive operation. I think that both options have several advantages and disadvantages, but I'm still doing it manually because my account and my transactions will be much safer.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 11, 2018, 07:56:41 AM
#14
I'm pretty sure most if not all traders are still doing it manually, simply because you still have better control trading manually compared to using a bot. Your trading bot is only as good as how you make it(with your own strategies and such).
I personally still prefer to do manual trading because I trust myself more than to any bot.
Its too risky to depend on the bot I think because you cannot control it while you are not active in the market, so I still tried to trade on my own with a lot of studies done before I trade. We all have different strategies, make sure you know what you are doing to prevent from losing big money.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
September 11, 2018, 07:48:01 AM
#13
both are good if you interested but I am happy with manual trading.becouse manual trading gives me lots of experience which I can feel really good. I trust that experience makes me perfact.so I always search manually & happy with this kind of trading.
Nowadays many peoples are reduce the work so many peoples are move to automate trading. All the time we are not active in this forum and we cannot completely monitor in our trading so automation is good for the this scenario. I think future we will see the autonomous trading so our only work is just fill the BTC in our exchanges.
sr. member
Activity: 2618
Merit: 439
September 11, 2018, 07:43:59 AM
#12
I dont have idea about automated crypto trading, because i never use bot in crypto trading. I been use bot in forex trading, but to get profit consistent from that also difficult. I prefer to trade by manually and use stop loss and trailling stop to minimize the risk whenever buy any coins.
Yes, that should be the usual route, manual trading specially for newbies. That's why I was surprised seeing some threads around promoting trading bots, even experienced traders will have a hard time using bots so I don't think its advisable to newbies as well. Bots have advantages, specially if you are not always in front of your pc, but its not a guarantee as bots might have a flaw and will result for a massive lost in your end. I also prefer manual and stop-loss to mitigate risk and have total control of your trading activity.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 11, 2018, 07:23:40 AM
#11
I'm pretty sure most if not all traders are still doing it manually, simply because you still have better control trading manually compared to using a bot. Your trading bot is only as good as how you make it(with your own strategies and such).
full member
Activity: 552
Merit: 102
September 11, 2018, 06:25:22 AM
#10
both are good if you interested but I am happy with manual trading.becouse manual trading gives me lots of experience which I can feel really good. I trust that experience makes me perfact.so I always search manually & happy with this kind of trading.
full member
Activity: 616
Merit: 100
https://exip.live/
September 11, 2018, 05:42:23 AM
#9
I dont have idea about automated crypto trading, because i never use bot in crypto trading. I been use bot in forex trading, but to get profit consistent from that also difficult. I prefer to trade by manually and use stop loss and trailling stop to minimize the risk whenever buy any coins.
legendary
Activity: 1218
Merit: 1000
August 11, 2018, 01:06:08 AM
#8
If I trade I always do it manually, because in my opinion manual trading makes me able to study the market well. Automatic trading or using a bot I think it's also as difficult because we still have to monitor it to avoid potential mechanical failures such as system problems. And sometimes the results achieved are not in accordance with the wishes. So in my opinion it will be easier and better to trade manually.
newbie
Activity: 210
Merit: 0
August 10, 2018, 11:25:37 PM
#7
Automatic trading can be done with BOT and it is very dangerous because BOT does not have a conscience like humans.

Manual trading is done by yourself and done with feeling, if you can't, then you can stop and it's the best choice compared to trading with BOT.
sr. member
Activity: 616
Merit: 263
June 15, 2018, 02:08:32 PM
#6
I've tried several automated trading tools including GunBot, and from my experience none of them are able to generate a reliable profit, especially when the market is blood red as it currently is. I've found that almost everybody using a trading bot has had theirs deactivated for months now, as they're simply not capable of trading bitcoin with any accuracy when everything is going down. Manual trading at least allows you to pick out some low volume winners amounts the chaos, so that's likely to be the best route right now as ping pong just isn't going to cut it.
hero member
Activity: 952
Merit: 516
June 15, 2018, 01:53:40 PM
#5
You can't really only use automated trading, you will always have to adjust anyways so it isn't really automated. News and market sentiment is something a bot cannot understand. I personally would pick manual always.
sr. member
Activity: 672
Merit: 271
June 15, 2018, 01:50:23 PM
#4
Created this thread to discuss how important is it automate your trading strategies.

Out of curiosity, just wanna know how many of you guys are still manually trading? And how many of you are automating your trades? And if you are automating them, are you making consistent profits? What are the pros and cons?
Yes, some platforms allow automating the cryptocurrency transactions. Users can set up trade by framing certain rules regarding securities and indicators, both for entering and exiting a trade. Once programmed, the computer will automatically start trading without the interference from the user. This saves the time of the investors. However, you need to be an experienced user, posses programming skills and equip yourself with lot of knowledge about crypto market in order to use this automation facility.

full member
Activity: 402
Merit: 100
June 05, 2018, 02:18:33 AM
#3
Another Chinese token sale...we need an artificial dishonest buster algorithm.
member
Activity: 280
Merit: 41
June 04, 2018, 11:14:23 PM
#2
Created this thread to discuss how important is it automate your trading strategies.

Out of curiosity, just wanna know how many of you guys are still manually trading? And how many of you are automating your trades? And if you are automating them, are you making consistent profits? What are the pros and cons?

Are you sure it's "out of curiosity? If you are trying to advertise your website gstar.ai you might as well say so. You aren't fooling anyone and this is a bad look for your company.
newbie
Activity: 112
Merit: 0
June 04, 2018, 11:11:10 PM
#1
Created this thread to discuss how important is it automate your trading strategies.

Out of curiosity, just wanna know how many of you guys are still manually trading? And how many of you are automating your trades? And if you are automating them, are you making consistent profits? What are the pros and cons?
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