Trading with bots - page 2. | Bitcointalksearch.org

JeffBrad12

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Quote from: beerlover on October 30, 2024, 04:29:20 PM

Quote from: ?? on ??

Trading with bots can be a game changer, but it’s a bit of a double-edged sword. On the one hand, they can help you take advantage of market movements while you kick back and relax. It’s like having a little helper who never sleeps!

As someone who traded with bots, if someone tells you that you are profiting with it 100% without a doubt, then the yare lying, leaving that aside, providing a live example is the key result. If a bot seller has a live example going for it, then you can watch it and how it works, just upload it to some website they make ,and you watch t move and how it's installed and how it's working and how much it's profiting or losing.

That way you can just keep track of how it's doing and if you can make some profit from it then you could even just trade what the bot trades and profit and make the sale for free. Otherwise, if the entire business model depends on "this bot is good, trust me" then I am sorry but why would I pay anyone based on that.

this.

to prove trading bot is effective, the maker can easily just give history of trades, we aren't lacking any platform that give such data, the bot maker could also easily set up copy trade account so that people can observe how effective the trade is, but truth is, majority don't do that, because they know that trading bot can help simplify trade and increase the odd but not a guarantee whatsoever that the user will make endless money from it.

if it's that good, the bot maker will use the bot for himself and make billion, but they didn't because they know the bot can be wrong too.
when using bot, just consider it like using a tool, bots can't magically print infinite money.

beerlover

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Quote from: ?? on ??

Trading with bots can be a game changer, but it’s a bit of a double-edged sword. On the one hand, they can help you take advantage of market movements while you kick back and relax. It’s like having a little helper who never sleeps!

As someone who traded with bots, if someone tells you that you are profiting with it 100% without a doubt, then the yare lying, leaving that aside, providing a live example is the key result. If a bot seller has a live example going for it, then you can watch it and how it works, just upload it to some website they make ,and you watch t move and how it's installed and how it's working and how much it's profiting or losing.

That way you can just keep track of how it's doing and if you can make some profit from it then you could even just trade what the bot trades and profit and make the sale for free. Otherwise, if the entire business model depends on "this bot is good, trust me" then I am sorry but why would I pay anyone based on that.

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I developed a Python algorithmic trading bot that works on Telegram. It allows users to trade on both the main network and the test network (like testnet.bybit.com). The bot includes indicators such as price changes, volume, open interest, and liquidations, enabling users to set up alerts and open positions based on these signals. Bot is free to use, and users can also access 75,000 USDT daily on Bybit’s testnet.

However, I’m still searching for a fully functional strategy that remains successful under various market conditions. You could also try it and write your experience here @simplelogicbot.

sarmrakib

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Quote from: Ararbermas on October 28, 2024, 05:11:36 AM

Quote from: ?? on ??

Trading with bots can be a game changer, but it’s a bit of a double-edged sword. On the one hand, they can help you take advantage of market movements while you kick back and relax. It’s like having a little helper who never sleeps!

but it requires a big capital so that the return is good as well. My question is it really safe to trust bot, especially the team behind? . because to be honest with you i have bad experience for a couple of days now, wherein the platform the I'm using is now freezing our capital and implemented a new rules in order for us to continue using their service. Which is smells like they turn into scammed after all. So if i were you mate be careful as well.

Trading is a tough way of earning. Though its a good chance to earn from trading but also its tough. Trading by bot is not a good way of earning. You may gain a good amount for short term. I have never seen any bot which can give return consistently. However we can use exchange bot which we can set up by our own choice. The set up only trade on your behalf rapidly which you do manually it can be done automatically. It is also not good to depend on third party where we have many chance to loose our money by scammer. So it is better to learn trading and do trade manually It will help us to safely trade on the market.

Ararbermas

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Quote from: ?? on ??

Trading with bots can be a game changer, but it’s a bit of a double-edged sword. On the one hand, they can help you take advantage of market movements while you kick back and relax. It’s like having a little helper who never sleeps!

but it requires a big capital so that the return is good as well. My question is it really safe to trust bot, especially the team behind? . because to be honest with you i have bad experience for a couple of days now, wherein the platform the I'm using is now freezing our capital and implemented a new rules in order for us to continue using their service. Which is smells like they turn into scammed after all. So if i were you mate be careful as well.

Out of mind

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This is not a good idea if you are using a trading bot. Bot trading is about relying on others to trade, from which you won't be able to learn much as you will mostly be out of practice knowledge. And when you depend on these bots for trading, you will not be able to start trading on your own later on, it can become a bad habit. Moreover, it is definitely best if you trade your knowledge, and you can reach good level anytime. And if you are very interested in bot trading, then definitely check out various social media and watch many videos, although profit in bot trading can be risky.

el kaka22

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There are way too many people who support certain bots, but also there are many of them who are resellers as well, so it is really not clear if they are saying it because they like it, or they are saying it because they got good results from it.

I personally used a few, I am not going to name all of them because then I would get hate and I do not want to get into arguments with all of them now, but I can tell you that there has been some that existed long before last cycle, like during 2017 as well, and they had bunch of errors and issues and they made people lose a lot of money as well. They might be better now, haven't used one in a long time, but I can tell you, 5 years ago, they all sucked and they were terrible.

Z_MBFM

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

A bot is based on a command so it can never be like a human. Market conditions change constantly so the strategy to deal with such market changes is not always the same and the same strategy does not always work successfully. But a bot is built based on only one strategy and that bot works only on that strategy. So the bot can never guarantee you profit and it can never satisfy you and suddenly it will cause you big loss at some point. Because of this I would never advise you to trade using a bot. Do the trading based on your own research and start trading with as much capital as you can afford to lose.

crwth

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There are a lot of ways to automate your trading but it should be important that you know the history and the reputation of the bot. I would recommend Gunbot , I am affiliated with it and it might sound biased but I do have a lot of experience with using it ever since 2017, and the steps in making it work have become a lot easier with the GUI and steps in doing it.

You can see my new progress in a post here
https://bitcointalksearch.org/topic/m.63497515

It would really depend on what strategy you are going to use, just make sure that you have the right setup with it. If you need anything, I can help if you want.

Cryptoababe

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Quote from: Iamcrypticguy on February 12, 2024, 11:02:26 AM

In my opinion, trading with bots is good, but I suggest learning the basics/fundamentals of trading first so that you understand how to set your parameters. After that, you may proceed to bot trading. Someone mentioned Binance bots, which I found a bit challenging to comprehend. I did more research before trying out variations from Bitget (future signal bot, smart portfolio, spot grid). It was easy to understand, like riding a bicycle. This isn't financial advice, just my experience. Ahah.

Yeah, it's better to learn from the basics and go step by step. It's also better to start with a small amount of real money. With these steps, you will continue educating yourself. Although I look at bots as advanced tools, but seems the one you stated will be easier to understand

stomachgrowls

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Quote from: TheVeteranAngel on February 13, 2024, 06:23:49 AM

Quote from: Iamcrypticguy on February 12, 2024, 11:02:26 AM

Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

In my opinion, trading with bots is good, but I suggest learning the basics/fundamentals of trading first so that you understand how to set your parameters. After that, you may proceed to bot trading. Someone mentioned Binance bots, which I found a bit challenging to comprehend. I did more research before trying out variations from Bitget (future signal bot, smart portfolio, spot grid). It was easy to understand, like riding a bicycle. This isn't financial advice, just my experience. Ahah.

Well said mate. I have same feeling coz bot is as good as the person that set it up. Although I haven't used it before, I have heard some people saying it's quite profitable to use especially in a very volatile market just like what we are experiencing at the moment. If it's not that reliable, I don't think it will be available on most of the top CEXs.

For example; GRID BOT

This is usually common on Binance and OKX on which its a feature on which you could really make use on a ranging market for example on which you would be able to set up grids on when to sell and when to buy out.
I could say that it is indeed profitable but of course it would really be just that depending on how well you do make yourself that knowledgeable on what you are doing. People do usually have those common
impressions with those preset-up bots which it is really that indeed good on making use of it, but how you would be able to know if its the right time on making use of it? For sure it would really be that depending on how
knowledgeable you are with trading.

Trading bot is useful just like on what others been saying if you do really just know on how to make use of it, but if not then it would really be pretty darn useless and this is something
that you should really be trying out to study if you are really that serious on learning it.

TheVeteranAngel

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Quote from: Iamcrypticguy on February 12, 2024, 11:02:26 AM

Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

In my opinion, trading with bots is good, but I suggest learning the basics/fundamentals of trading first so that you understand how to set your parameters. After that, you may proceed to bot trading. Someone mentioned Binance bots, which I found a bit challenging to comprehend. I did more research before trying out variations from Bitget (future signal bot, smart portfolio, spot grid). It was easy to understand, like riding a bicycle. This isn't financial advice, just my experience. Ahah.

Well said mate. I have same feeling coz bot is as good as the person that set it up. Although I haven't used it before, I have heard some people saying it's quite profitable to use especially in a very volatile market just like what we are experiencing at the moment. If it's not that reliable, I don't think it will be available on most of the top CEXs.

Xal0lex

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

Any tips on how I could learn to automate my trading with bots?

Using bots in trading is quite risky. You should only start trading using bots if you fully understand how they work and how to configure them. Ideally, if you can create your own bot to fully understand how it works.

Bravut

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I don't suggest trading in general be it altcoin, currency pairs,indices should be done with bots.What makes the difference is you understanding what you are doing and focusing more on a profitable strategy rather than searching for bots that is still made by Human and programmed with there own knowledge.
But still if you wanna use bots,I suggest you buy from legit platforms or the one some profitable traders use.

Iamcrypticguy

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

In my opinion, trading with bots is good, but I suggest learning the basics/fundamentals of trading first so that you understand how to set your parameters. After that, you may proceed to bot trading. Someone mentioned Binance bots, which I found a bit challenging to comprehend. I did more research before trying out variations from Bitget (future signal bot, smart portfolio, spot grid). It was easy to understand, like riding a bicycle. This isn't financial advice, just my experience. Ahah.

Questat

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

Your guess is wrong. If you want to succeed in trading, then make a habit of relying on yourself not these bots. Because it was useless to use bots if you don't have a deep knowledge about trading, you end up failing. That is why don't wonder about the results because you are not totally ready for this. Gain more experience and knowledge first before thinking about profit as it will be easy someday if it is all done. And even that we still never assume that we can never lose. We have to understand the unpredictable nature of the market which is why we can't make it perfect even though we are in trading for many years.

bettercrypto

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

Why did you think of trading bot op? Do you have any ideas on crypto trading? Have you been a scalper for a few years in the field we are talking about here? I don't recommend to newbies scalping because it's not easy to get a profit, especially since the timeframe is only 1 minute.

I have never even tried the 1-minute timeframe because I think the only people who can do that are really good traders who get really good earnings like that through futures trading and others. Why are you one of the expert traders in an industry like this?

blckhawk

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They're most likely done by bots but you have to understand that there's hundreds of thousands of traders that are daytrading, scalping and just doing a plain old transaction so it's not really that trading is most likely infested by bots but that there's also the fact that there's just too many people doing trading at the same time and that leads to fluctuations that are making it all seem like the market is moving this way or that way and those traders that are causing these fluctuations have different interpretations on the movement which causes them to either sell or buy which again goes back to what I've said.

2Pizza410000BTC

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Quote from: david678345 on January 12, 2024, 05:34:23 PM

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

I have done trading and got success from trading but currently I am in huge loss in trading. I was trading in ORDI coin but the market gives huge dumping, currently I have a lot of loss due to that dumping but I don't know if I can recover this loss. But I'm not afraid because I've learned to be patient I'll be patient I hope I can definitely recover. My ORDI was bought at $72.55 but currently sits at $51.23 due to a bloody market. Anyway I can't answer your question because I have never traded with a bot. But if you are using Binance Exchange for trading, there are some instructions for bot trading from Binance Exchange, you can follow all those instructions, I hope you understand very well.

Lakai01

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Quote from: milewilda on January 25, 2024, 02:08:39 PM

Did see some article on what bots are really that something that good and relevant specially when you are just starting up.

sorry to have to say this so directly, but it's complete nonsense. With statements like this, newcomers to the trading market are tempted to buy bots for expensive money which then execute predefined strategies and promise the buyers incredible profits. It is obvious that this cannot be the case, otherwise all of us would only have such bots running and would be living on a beautiful desert island.

Rather, bots are a tool used by very experienced traders.

Why?
Bots are used to execute your own strategy automatically (and therefore much faster). No more, no less. However, you need a lot of experience to configure and adapt the bot sensibly and to use it correctly. Newcomers definitely do not have this knowledge.

Topic: Trading with bots - page 2. (Read 656 times)