want trade by bot what do you think are you with bots or not - page 3.

BitcoinHunt3r

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Quote from: leowonderful on July 18, 2019, 10:26:27 AM

Quote from: BitcoinHunt3r on July 18, 2019, 06:52:59 AM

Quote from: ruslan4040 on July 17, 2019, 11:45:35 PM

Dont try to use bots, they are a waste of time.
In fact, i used to buy preconfigured bots a long time ago, they all were a waste of money and time for me, i could never get them to work.

Some people say like what you said, but others not. Maybe bots will really work if we set it right. I actually not really know system of bot but my friend use it and say that to me. When we right to set bot, can make profit to us.

Bots do work if you configure them correctly. I've been using Gunbot for quite some time with some custom settings I've been testing for several months and I'm making a profit on most days with it, though I'm still working out some kinks daily and changing settings as necessary. Nobody's going to give you a (good) profitable strategy for free, because if that strategy was so good, why would anyone give the strategy away for free or for a low price?

I will definitely say that they're not for everbody, though. Even if you're already a good trader, it does take some time to figure out how to use and configure the bot you're using properly, and there's no guarantee you're going to make money with 'em.

That is my point, we must configure it so we can make profit with it. And not all people can do that, like me. I still like to do trading like usual because not good at bot trading and never think to learn about it.

nydiacaskey01

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Quote from: omonuyak on July 18, 2019, 03:28:32 PM

Trading with a bot is not always the best way to trade and bot do lose money more than human, base on my experience. If you have good skills in analyzing the market with success I will advise that you should do that instead of depending on bot or robot to trade for you. I have tried that several time but it seems it doesn't work well in trading.

Its really not the best way to trade, its just a tool to help out those who are not good in controlling their emotions and those day traders who wants to trade even when they are away. Disadvantage of using a bot is if you placed a wrong command or settings. I remember there was a time in Bittrex, i forgot what coin it was but there was someone who places a sell order below the current Sell price so the price of that coins keeps going down. I remember posting the screenshot here this forum and I suspect its triggered by a bot.

omonuyak

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

Trading with a bot is not always the best way to trade and bot do lose money more than human, base on my experience. If you have good skills in analyzing the market with success I will advise that you should do that instead of depending on bot or robot to trade for you. I have tried that several time but it seems it doesn't work well in trading.

Slow death

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

I looked at your post history and saw this:

Quote from: tabtrader159 on July 14, 2019, 03:01:23 AM

can i transfer direct ltc or ant coine bittrex wallet to binance wallet or i have to use outside wallet

I think you are new to this market, if you are new to this market, I advise you to trade in person instead of using a bot. bots have their cons, you can see this in bot threads or by researching in google the advantages and disadvantages of using bots

Lanatsa

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Quote from: cryptoblazter on July 18, 2019, 07:26:55 AM

Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

In my knowledge about bot this is not 100% can give profit to you from time to time.
Besides, I never use any bot ever since I became one one of the community here in the forum.
And most of the bot has rental fee's, correct me if am wrong with this. And once you have this thing,
this will work for you if you have no time to work for trading, right?

You have the wrong belief when it comes to bots.These aren't automatic things that can work for you unless you have set out some commands to it
and they do the work for you.It isn't really something to care about if you are a trader which do have a plenty of time to spent on with trade.
Bots are for automation nothingless.

beerlover

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

I think bots are working towards one goal and that is making trading automatic, not profitable. Now you can of course profit with your trading bot and there are now ones that makes sure you do reverse purchases as well and so forth in order to make money even during bear days however no matter how much they improve it, if the market is shitty the profits will be shitty too and you will end up losing money.

However, if the market is already good then you can make a decent profit manually as well. What bots are giving you as a chance that they have zero emotions and you put in indicators and it just works like that 7/24 without stopping so there is a chance you make more profit than you normally would doing it manually. Its a time saver not a money making machine.

leowonderful

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Bitcoin FTW!

Quote from: BitcoinHunt3r on July 18, 2019, 06:52:59 AM

Quote from: ruslan4040 on July 17, 2019, 11:45:35 PM

Dont try to use bots, they are a waste of time.
In fact, i used to buy preconfigured bots a long time ago, they all were a waste of money and time for me, i could never get them to work.

Some people say like what you said, but others not. Maybe bots will really work if we set it right. I actually not really know system of bot but my friend use it and say that to me. When we right to set bot, can make profit to us.

Bots do work if you configure them correctly. I've been using Gunbot for quite some time with some custom settings I've been testing for several months and I'm making a profit on most days with it, though I'm still working out some kinks daily and changing settings as necessary. Nobody's going to give you a (good) profitable strategy for free, because if that strategy was so good, why would anyone give the strategy away for free or for a low price?

I will definitely say that they're not for everbody, though. Even if you're already a good trader, it does take some time to figure out how to use and configure the bot you're using properly, and there's no guarantee you're going to make money with 'em.

cryptoblazter

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

In my knowledge about bot this is not 100% can give profit to you from time to time.
Besides, I never use any bot ever since I became one one of the community here in the forum.
And most of the bot has rental fee's, correct me if am wrong with this. And once you have this thing,
this will work for you if you have no time to work for trading, right?

BitcoinHunt3r

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Leading Crypto Sports Betting & Casino Platform

Quote from: ruslan4040 on July 17, 2019, 11:45:35 PM

Dont try to use bots, they are a waste of time.
In fact, i used to buy preconfigured bots a long time ago, they all were a waste of money and time for me, i could never get them to work.

Some people say like what you said, but others not. Maybe bots will really work if we set it right. I actually not really know system of bot but my friend use it and say that to me. When we right to set bot, can make profit to us.

ruslan4040

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Dont try to use bots, they are a waste of time.
In fact, i used to buy preconfigured bots a long time ago, they all were a waste of money and time for me, i could never get them to work.

EdenHazard

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When you have intention to trading then you have to know about the strategy of trading itself. You have to know the technikal analyst also fundamental analyst which can have a big effect on price movements and if you master both of these factors well you don't need other tools such as trading bots to get profit.

I doubt trading bots mechine will give you a more comfortable to gain profit. Because it is a useless thing, you have an ability to make money by trading. And yoy should know most professional trader out there never use trading bot when they start to trade. They only use two factors that I was mentioned above, so it will be good for you to know these factors.

nydiacaskey01

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Using a bot in trading is an advantage to those who doesn't have time to day trade since day trading requires focus. Also its an advantage to those who has little control with their emotions since bots will follow the settings that the bot owner provided. I am using a bot (gunbot) and it works for me since I have a day job and I let it trade for me based on my settings.

leowonderful

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Bitcoin FTW!

Most people trading crypto are just better off trading manually at a desk or wherever you trade instead of pouring money into buying a bot subscription and praying that whatever random numbers you add in will be profitable. As others have said here, bots are ideally used for precisely executing a strategy that you've determined to be profitable, and there are times when certain strategies are more useful than another, especially when trends change in a market, so you don't have to manually be at a computer executing the strategy.

There are also ways to backtest strategies so you can optimize a strategy without using your capital (using TradingView), but that still doesn't guarantee a strategy's going to be profitable when you actually feed it to a bot.

exstasie

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Quote from: sbogovac on July 17, 2019, 08:22:58 AM

A bot is a tool, an extension. If you are a good trader, a bot can help you. If you are not, the bot wil wreck you...

^^ Words of wisdom.

I would never recommend bots to people who don't fundamentally understand markets and can't trade them. Bots aren't a solution to being a bad trader. They are for automating trading strategies that are already profitable if employed manually.

Kemarit

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

I have bots by I seldom used it today but I just prefer to just HODL in the current state of the market. However, it looks like you are a total noob in trading (don't take it personally), so I will advise you against using bot. The main reason is that you need to set certain parameters, which for beginners might be a daunting task. J

ust try and get a feel of trading without using any automated tools first and see how it goes for you. If you have gained some experienced and have the confident they you can slowly implement your trading activity with an trading bot.

MonsterV

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haha it's useless, you just waste time trading with bots. I myself have experience trading with bots and it does not produce anything, there is only a loss. Moreover, your strategy is very common, it's better to use it manually or study trade rather than having to create a bot.

but if you still want to try, you better learn first the trading strategy and make your own best strategy then apply your best strategy to the bot you want to make.

janggernaut

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

It's looks like you are still very new in trading, so instead of trade by yourself you would rather choose trade by bot to make your trading become easier, maybe?
I can't recommend you to trade with bot, since it would cause something bad if you didn't set it by carefully (it could cost you more money)

harizen

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not

Not necessary or should I say, I'm not comfortable with it.

Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

If your purpose is to do the work for you then it's up to you.

A bot's execution is based on what algorithm you will apply for it. Just don't think of it as a tool to increase your winning rate.

ringgo96

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if in my opinion it's good too but we have to see how the BOT works first because not all of the BOTs can work well like what I have experienced by trading with BOT which has even lost my money yesterday

Oilacris

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Quote from: tabtrader159 on July 16, 2019, 10:38:57 PM

want trade by bot what do you think are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if hit 60 sell something like this

Bot is an automation of your trades which means settings would depend into its user itself.It doesn't mean that it can

give or generate income for you and this had been the wrong mindset for most people specially newbies believing into such things which is
impossible.

You can set all you want but don't expect too much.

Topic: want trade by bot what do you think are you with bots or not - page 3. (Read 859 times)