Trading Bots?

[Nadeem Shoukat 2]

I haven't heard and not use also .. your topic helped me to know about it

[KHALED ADWANI 1216]

In the natural case, it can bring you profits, but if the market is going through great fluctuations, this may lead to a series of losses. İ prefer manual work

Edited November 27, 2020 by KHALED ADWANI

[Ramz99737 1196]

For me, I have never tried to use bots in my trades, even though they rely on a variety of indicators and are classified much better than humans in terms of trade, but through the opinions of the debt they dealt with these programs.

[yato987 2811]

yes there are many exchanges that use trading bot , as i noticed the most use for it is to make a fake trading volume , that happens by placing an order and buying from it again and again , this way  the volume will increase and people will think the price is pumping  

of course what i said is the negative side of it 

there may be a positive uses of it but unfortunately i don't know more about it

[Razan alikac 1899]

Each type of trader has different ways of working
 Some traders want to trade manually, and some of them want to use a trading robot.
 These robots help determine whether to buy or sell a particular currency pair at any given time.
 I prefer to use manual trading and watch the prices and their fluctuations

[Goyaa 2414]

I've never used bots in trading. Using a bot in trading will only prevent me from becoming a real trader. By relying on bots, I depend on robots. Regular trading will give me more market control and will train me to become a professional trader.

[Jandancoin 482]

I have making use of trading bits recently, but I lost over $100. I have known that what is mostly important in trading is to learn it. No signal can help you neither can any bot help you too. I tried signals also but failed. 

[Fa19ba045 453]

Trading bots can be profitable provided you have the expertise to configure it well so that it can use trading opportunities to it's advantage and yield high profits.  If I talk about my self I'm not using it but I'm thinking that I should try it for checking is it really the profitable. There are many trading bots in the market that you could try using, I think not all are reliable. 

[sametbskya 92]

the bots eventually cause damage. I heard that bots lose a lot of money when the product suddenly goes into a downward trend. I don't want to get involved in these things at all. After all, people have the most precious things about their money and it doesn't make sense to leave it in the hands of a bot.

[Mohammad2005 336]

Hello my dear friend i don't know much about bot but i will try to find out about bot then talk about bot thanks.

[huesca123 946]

On 5/30/2020 at 4:57 PM, Cammer said:

Hello traders!

I have heard a lot about day trading using Bots in an automated way. This bot places all the orders based on the way it id programmed in. So, have you ever tried one of these bots?

Share your experience!

No, I have never used one. You have make sure that the Exchange where you have your account, allows them. Bots are being promoted as a sure fire way to earn money trading. I highly doubt that. If you are interested in using a Bot, ask for proof of it being profitable before buying it or spending any money on it. If they dont offer proof, such as a live account login info, walk away.

[Amrutha 4]

Yes I also had heard about it a trading bots is a piece of software that users an API to interact with a user's exchange account and automatically executed traders based on its interpretation of market data the bot will execute a trade when market conditions meet a set of predefined and programmed criteria

[Mridul Rahman 1058]

I haven't tried anyone before but i have seen one. It is yobits fastexrobot. The bot is very much advanced. One can exchange currency in bot by deposit and after withdraw. It is easy and very fast as i heard. The bot doesn't have much pairs but the top ones are there. The withdrawal via that bot is also faster than website.

[Antonio Mendoza 173]

Yes of course I was using bot of Forex and Crypto Bot too, for me one of the best way to get a good profit, however sometime is difficulte to have control of it, you need to learn about the way to set up any bot or you will be loss a lot of money, I like the bot of forex more than the bot of Crypto because the way to work are very different.

[Naseer Ahmad78 721]

Trading boats are not valueable for business ,it is totally waste of time.we can spend time on business depending on our skills and we can earn eaaily.Trading boats are not very valueable.Thank you!

[Penata 324]

I never trust trading bots because it only works using as AI which is it can't replace how human thinks especially in trading. You need a better understanding and knowledge about trading cryptocurrency so it is very risky if you let the hot to make a trade for you. And lots of people loss their money because they trusted trading bots.

[Brushless4500KV 4214]

Even the most sophisticated and highly advanced bots are still not as clever as humans and there is a good reason for it. Bots are designed by software developers and computer engineers. As you know, even the most well-known software like Microsoft Windows still have some bugs and all of them need frequent updating. The same story applies to bots because the importance of constant updating is vital in crypto world in which everything is changing. Therefore, if you use bots, you will be vulnerable but humans are much more flexible than bots and they can think of many alternatives that bots can't do.

[Yabuko 629]

Yes and I see this a great feature to be provided by exchanges and would made it much easier for users than keep checking the market themselves especially if they don't have time but here of course we should make sure we are dealing with a legit bot that has no other things to do more than dealing with orders like sending balance from our wallets or exchange accounts

[vikki18 2]

Hi dear friend, for me i prefer to stay away from the trading BOTS because you should have a big capital to resist the huge variation of the price and also its a robots !!!! trading behalf of you, i can't trust a robot.

[betelihem 4766]

42 minutes ago, Kareemramzy83 said:

I do not recommend any bots to do anything. There is nothing better than human intervention in trading. The bot knows nothing but numbers, and this is something that will be for you if there is a loss that can be avoided because the bot does this.

You are right, since bots are incripted by humans its better to use our knowledge fr trading than using a trading bots, because they may fail or get some lags and we may lose all our moneys when we use thus bots.

[MoralStories 1127]

I have not tried the trading boards yet but I think they are not a good idea because while trading we have our emotions to involved and when the boat is trading he does not have the emotions that is why he would not be able to make the best deal.

[M Usama 287]

Bots are not profitable for me. Because some day ago I have a bot  I lose the 8$ so trading not is not profitable. I request you can avoid the trading bot. Thank you have a good day. 

[Arslan Ch 2163]

I know a bit about trading bots and It could be beneficial as Trading Bots automatically buy the currency at the right time and then sell it when the price increases to generate profit from it and it is also legal so there is no restrictions to use the trading bots.But I haven't any experience in it as I didn't use any trading bot yet.

Edited December 28, 2020 by Arslan Ch
Typing mistake

[Ezabell 457]

Trading bots help you to find signals. But I do not recommend it for. Because it is very risky. You can not manage your balance and you can not follow to risk managament and they are programmed on a specific strategy with entry and exit points.

[rahul12345 0]

I have also heard about these trading bots that can even trade on your behalf according to how it's been .but i do not prefer to use this method of trading because sometimes i may want to sell at a different price .you will probadly get profit