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Topic: Trading bot on tradingview (Read 298 times)

jr. member
Activity: 42
Merit: 1
October 06, 2023, 04:24:33 PM
#34
So there's trading bot on trading view? Need more enlightenment about this please.
I only know of technical indicators and pure price action. Looking forward to some directives and links to broaden my knowledge.
legendary
Activity: 1596
Merit: 1288
October 06, 2023, 05:52:04 AM
#33
Tradingview and trading bot are both tools, but creativity comes from you. It's like saying, I bought the latest Apple computer and the latest Photoshop program, but you will not become creative in design unless you learn that. You need to learn more about trading, support and resistance, RSI, and moving average, and then you can start trading in Demo and you can trade with your money.
sr. member
Activity: 1470
Merit: 428
October 04, 2023, 02:37:05 PM
#32
I think you need to add up to your knowledge. Learn more about trading without bots and then learn in comparison how to trade with bots.
In this case you didn't state any useful information on the bot you use or the kind of trading you do. It is for you to figure out what your actual question is from the random comments you have gotten so far.
As much as you learn, also try to understand crypto signals and follow up on news about crypto currency trading and market trends in particular.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
October 04, 2023, 12:36:51 PM
#31
It is really not that easy to make money and if anyone tells you that they "figured out how to make money" they are lying. They may think that they did for now, but let them be for years and they will realize it is not, or they are just lying if they are not. That is why we should not trust them, there isn't a trick to making a profit, it is not working that way and it will never work that way, you have to work really hard to be a good trader and make a profit from trading.

Just buying a bot, using it and making a profit is way too simple for anyone to make a profit, it should not really be something like that, it will not end up with that in the end and we need to be careful about these type of claims when someone says it.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 02, 2023, 04:10:32 AM
#30
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.
It is very revealing the complete lack of information that we receive and yet we are supposed to provide help to the OP, this tell us that either this never crossed their mind or they think such matters are not important at all, and both scenarios are simply terrible the more I think about it.

As on the first scenario we are expected to read their minds, while on the second scenario they are so out of touch with trading they do no have the ability to distinguish what it is important from what it is not.
member
Activity: 412
Merit: 10
October 01, 2023, 09:10:37 AM
#29
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
First of all, can you mention please, which trading bot are you using?
And another thing, do you have some knowledge of trading? Or this is your first time trading? Trading without knowledge and information gives a person nothing, instead of loss.
So, it would be better to know some trading skills and then you should start your journey. Trading is something different nowadays, you should have some knowledge of it. Also trading bot will do what you are going to tell him, it doesn't give you any trading information or some trading opportunities and skills, which matters a lot.
sr. member
Activity: 700
Merit: 380
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October 01, 2023, 07:32:18 AM
#28
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
If you use a bot it can't be safe for your assets at all, as you can't be sure whether you will lose your money or not. Moreover, trading bots are designed for people who don't know about trading, they only use trading broads and stop losses so that they don't get hurt. If you trade money on a trading bot, it will be completely risky as many times money can be lost even using the bot. Because the market is not always in the same position, there are many changes during which the bot can lose its control and lose your money. So if you are using bots for trading then never do it for long term rather you gain knowledge from it gradually it is better.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
September 29, 2023, 02:30:18 PM
#27
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

No, the buy sell bot isn't enough for trading with profit because such bots could cause huge losses and the user who run that bot will lose a lot. I recommend you to learn trading yourself instead or relying on those bots. Trading is something that we learn in the best way when we give proper time to it. If you really want to be profitable as a trader then you'll have to learn trading yourself rather than wasting your time on those useless bots.
legendary
Activity: 2898
Merit: 1823
September 29, 2023, 10:11:28 AM
#26
-snip-
I'm the type of person who doesn't really enjoy reading books and only sees visually. learn from various sources.
But reading books like the trading book "The Market Wizard" so it's a pretty good way.

Although there are many private trading courses that provide trading classes and various kinds of trading tips, it will not be the place to produce new traders.

Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.


Those books that I suggested, they actually go into the mind of the trader. Reminiscences of a Stock Operator IS what was going on in the mind of a REAL trader who profited and lost money in trading. It's not a technical analysis book that promises people that they will make money by "teaching" you a "strategy" that if the market "does this do that", then if it "does that do this".
hero member
Activity: 1330
Merit: 502
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September 29, 2023, 09:18:39 AM
#25
Your post sounds like:

I started a restaurant in California.Is enough for business?any special method to prevent loss in business?

We can't give any answers because:

1. We don't know what bot you're using
2. We don't know what indicators/strategies you're using
3. We don't know what pairs you're actually trading

Absolutely agree. It’s generally not clear where a person is trading, how he set up the bot, what pairs he has. What type of trading, how well does he understand trading. It sounds like I built a business, will it be successful? We need more details
full member
Activity: 938
Merit: 108
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September 29, 2023, 07:55:02 AM
#24
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newbie
Activity: 1
Merit: 0
September 29, 2023, 07:02:15 AM
#23
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hero member
Activity: 2366
Merit: 594
September 29, 2023, 06:50:31 AM
#22
This is like you want to sleep within an hour, instead of drinking sleeping pills, you drink 5 shots coffee.

It is impossible to not lose a single trade in trading, even if those who are very professional and very good at trading lose. How much more if you just bought a bot that was coded by someone and you don't know the process of how to use it or even the strategy for it?I don't want to go deep but for sure you still do not know the fundamentals of trading. If you jump immediately to trade to earn profit your way will make you lose a ton. Learn first trading!
sr. member
Activity: 588
Merit: 289
September 29, 2023, 06:44:43 AM
#21
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?
Why are you trying to use a trading bot without knowledge of trading? You may keep losing even if you use a bot and lack the fundamental knowledge of trading. And it’s obvious that you are still new to trading since you haven’t mentioned the type of bot you use, and there is no specific amount you have made with the bot, which makes me believe that you still need the skills that trading requires. Don't trade without knowledge of how trading works.

Also, keep in mind that bots don’t work at any time, so they are not something to rely on. You also need to learn the fundamentals of trading, which will help you in your trading journey. Even with a bot, you must apply your knowledge to get what you want.
legendary
Activity: 2744
Merit: 1878
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September 29, 2023, 05:29:10 AM
#20
If OP also believes that he lacks the judgment to execute his trading strategy, maybe using a bot is not a bad idea. Then again he told too little to make meaningful suggestions specific to his context. On the other hand, running a bot and understanding technical analysis is also different. He definitely needs more than just clicking a "run" button if he wants to use a bot.
-snip-
Technical analysis is the foundation and running a bot requires trading knowledge.
No matter what form a trading Bot takes, it cannot be run by simply clicking the "Run" button.

There are some Bot adjustments that can be made.
But I don't know if the OP wants to use a fully automatic BOT without making any settings anymore.

The use of Bots is not a bad idea when the strategy is no longer reliable or used to help make trading work less burdensome and relieve stress on trading.   
legendary
Activity: 2170
Merit: 1789
September 28, 2023, 06:40:33 PM
#19
Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.
If OP also believes that he lacks the judgment to execute his trading strategy, maybe using a bot is not a bad idea. Then again he told too little to make meaningful suggestions specific to his context. On the other hand, running a bot and understanding technical analysis is also different. He definitely needs more than just clicking a "run" button if he wants to use a bot.
How much better will a robot understand?  I don't think boter will work on your sense.  Bots can often invest in places where you are not interested in investing.  But then the matter will no longer be in your hands. 
AFAIK most trading bots allow users to customize the settings. Unless OP uses a terrible bot on a terrible exchange, he should be able to set-up a cut-loss setting/trailing stop or something similar.
sr. member
Activity: 1274
Merit: 457
September 28, 2023, 04:01:24 PM
#18
First of all you have not made your point clearly.  You didn't say which bot you are using. And how much you understand about trading is also unclear. If you don't have a complete idea about trading, then I would say not to use bots.  If you use the bot without knowing its proper usage, you can face a lot of loss.  There are several types of bots.  The pros and cons depend on which one you use.  But I would say to use your intelligence instead of using bots in trading, trust yourself.  How much better will a robot understand?  I don't think boter will work on your sense.  Bots can often invest in places where you are not interested in investing.  But then the matter will no longer be in your hands.  Above all I would say if you make your point clear then you can be helped in the right way
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
September 27, 2023, 04:56:27 PM
#17
-snip-
I'm the type of person who doesn't really enjoy reading books and only sees visually. learn from various sources.
But reading books like the trading book "The Market Wizard" so it's a pretty good way.

Although there are many private trading courses that provide trading classes and various kinds of trading tips, it will not be the place to produce new traders.

Traders are not only judged by how they trade, but the psychology of trading is the main reason why trading can lose and gain because psychology is very influential.
The final result is also determined by trading psychology.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 27, 2023, 03:54:46 PM
#16
OP, it seems you wanted to make a straight-to-post topic, but unfortunately it's not well informative, and just like the first comment describes, I am also of the same opinion with him: before you can get better advice on your topic, make it more constructive and add more contents to the topics.

Altogether, since you are talking about using bots in your trading, I will advise that you should at least know the basics of trading, make sure you know how to trade manually on your own to make profit before you can apply any sort of bot; otherwise, you will experience more loss. But if you know how to trade on your own, even when you use a bot, you should be able to decide which one is more profitable, either you or the bot.
full member
Activity: 504
Merit: 212
September 27, 2023, 07:55:10 AM
#15
I use a buy sell bot into tradingview.Is enough for trading?any special method to prevent loss in crypto market?

You should explain what type of bots you are using and your strategy for trading. I am not sure if TradingView supports trading bots, as I know it is an indicator-heavy platform. If you are using any third-party platform like 3commas, then be careful about its security. There was already some security concern about this type of 3rd party application, though they can be useful because of their variety of bots and other features.

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