They are destroying the market, as they are making daytraders lose.
I don't know if this is good or bad, as people should hodl, but it takes some of the fun out!
Bots can be boring, but generate "safe" profits. All wallstreet etc. run like that don't they?
Topic: WHAT DO YOU THINK ABOUT TRADING ROBOTS? (Read 444 times)
I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?
Robot is good if it can make you consistent money and it is bad if it makes you to lose money. I have seeing some software during my forex trading and binary options trading that makes over a 100% profit in a month and I have see some that actually lose money. I have seeing my account been wiped out in just a day and of a truth I have never make money from forex using robots. Some said is good why other said is good but my experience about it is not a good one. Which are the advantages and disadvantages of robots that you have used?
I think trading robot is very helpful for beginners who want to get profit from trading. but we as users still have to learn the robot trading flow because even if we use the robot trading sometimes we fail
I try 1 bot before and its very good working when all markets growing but when all falling its no point to use bots because it will hurt you very strong and u will not use any bots again.
For me bitraptor made 198% with the entire account in nov-dec and since january it slowly lost approx 27% of the entire account so I am still at 117% up, not all bots are microtrading bots.
It's was good if someone implement robot for trading, so time robot will be use full if can use to the right ways, and maybe the advantage people are reach will become more reach.
Clearly trading bots are the Devil, and they are inexorable. I for one welcome our new overlords. May our vessels fuel their machinery.
True AI will probably see the pointlessness of it all and just pull the plug on us. Enjoy the new wave while you can still utilize comfortably on a subscription basis.
Think of all the free time you will have.
True AI will probably see the pointlessness of it all and just pull the plug on us. Enjoy the new wave while you can still utilize comfortably on a subscription basis.
Think of all the free time you will have.
Hahaha! GREAT! Thank you for this.
I think that oyu need to know how markets work before you can use them and make profit. It's not just "PRESS A BUTTON AND MAKE MONEY".
After the all, you are the one setting the parameters of the bot! Keep that in mind!
After the all, you are the one setting the parameters of the bot! Keep that in mind!
Honestly, I don't trust them and don't havr confidence in them. Somehow I beleive they can't be programed so successfuly to cover all aspects of trading and to react properly in every situation. Successful trader needs his own mind and experiences.
Robots could be maybe used for excercising or for some smaller investments more to play than to trade seriously.
Robots could be maybe used for excercising or for some smaller investments more to play than to trade seriously.
agree, besides, why do we need a trading robot while in all trading sites have a set order function. We do not need to continue to see the condition of the price, simply determine the Stop Loss, or take profit point and finish. If the robot is to predict the rise and fall of prices, I will not use, because the calculations or predictions of robots are not very suitable for the world of trading especially cryptocurrency.
Honestly, I don't trust them and don't havr confidence in them. Somehow I beleive they can't be programed so successfuly to cover all aspects of trading and to react properly in every situation. Successful trader needs his own mind and experiences.
Robots could be maybe used for excercising or for some smaller investments more to play than to trade seriously.
Robots could be maybe used for excercising or for some smaller investments more to play than to trade seriously.
Clearly trading bots are the Devil, and they are inexorable. I for one welcome our new overlords. May our vessels fuel their machinery.
True AI will probably see the pointlessness of it all and just pull the plug on us. Enjoy the new wave while you can still utilize comfortably on a subscription basis.
Think of all the free time you will have.
True AI will probably see the pointlessness of it all and just pull the plug on us. Enjoy the new wave while you can still utilize comfortably on a subscription basis.
Think of all the free time you will have.
If you can program a bot which gives even low profit margins but doing it constantly that can give you some income and on top of it you can trade manually for further profits
Anybody else with experience in trading robots for crypto? 
Thanks!
Thanks! Trading robots are useful for traders in order to make trading easy, however before you use it, i sugget that you study trading first, you arr still the one that is going to make the decision, if you do not understand how trading is you might end up regretting having the tool, just make sure you have the knowledge first and do not rely on it, though it will really help you on trading.
Yes but maybe one good trader have been working on a boot for years, and he wants to sold it to few people
i never think about that stuff, i still believe that human brain is greater than robot, eventhough there are some advantages, it's automatically and absolutely i do agree with you that robot is only for lazy people. however the great a robot, there also any disadvantages, you dont know what can be happened in the next day whether there any error or something else, actually robots are only for busy people who have no time in their real life and they absolutely lazy people.
I think is not a matter of laziness, to be trading perfect you need to be 24/7 checking the market and some people dont have this time or they want to use it in other projects.
Bot is good idea to start the tradimg but at least you know the basic of trading and how to operate the bot.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.
Completely agree 1st create your strategy 2nd create the algorithm
Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbothttps://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review
Thanks for your answer, this information has been very useful!
They are very annoying and should be forbidden, best way to slow down a very good project because of stupids people too greedy and lazy
It's annoying if you don't know how to use it properly, actually they are useful and very convenient once you used to it.Would you like to have a robot that works with cryptocurrencies?
There are bots that are managing your portfolio for specific exchanges that you want to trade, there are popular bots here in forum like gunbot, cat and leonardo.Which are the advantages and disadvantages of robots that you have used?
This is a sample of disadvantage and advantage review for gunbothttps://www.thehedgecoingroup.com/single-post/2017/09/30/Gunbot-Review
Thanks for your answer, this information has been very useful!
They are very annoying and should be forbidden, best way to slow down a very good project because of stupids people too greedy and lazy
It's annoying if you don't know how to use it properly, actually they are useful and very convenient once you used to it.
Bot is good idea to start the tradimg but at least you know the basic of trading and how to operate the bot.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.
Recently, trader use bot for arbitrage trading strategy because much quicker to execute the order use different exchange.
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I´ve been working on Forex robots since years, but only in Forex and binary options. Would you like to have a robot that works with cryptocurrencies?
Which are the advantages and disadvantages of robots that you have used?
Which are the advantages and disadvantages of robots that you have used?
I don't know with forex but I am using free trial of that robot for the cryptocurrency. in my opinion, if we don't know how to use a robot then we cannot make any profit and its the same as we trade with blind info.
I know a few samples of the robot for example gunbot from gunthar, cats from sampey, quatloo, cryptotradingview, and else. and like I said before, we need to learn how to use the robot so we can get maximum profit.
the advantages of robots that I've used is I just set up the robot, make a number buy or sell that I want and then I let the robot run in the vps. I only check once or twice a day to see the robot is doing a good work.
the disadvantages are sometimes the robot missed the right time to buy and sell so I need to do by myself.
but now I think it is better to trade without using robot because I can analyze by myself and I can increase my skill in trading so I can try to get the profit and it feels satisfied for me.
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