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Hendy1

What is autopilot trading?

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I do not understand what is autopilot trading and what is its function? several trading platforms, selling or providing autopilot trading to make it easy for new investors to get profits easily. is this a trading indicator or trading analysis? Is it legal, does every investor have to have it? waiting for your response.

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Automation of trading through an auto-trade programmed algorithm. Many trading platform support Auto-trade program is fixed for the day and you have to sit and watch trading being done automatically on your behalf.

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So basically you deposit set amount of money, and a bot whuch has learnt how to analyze trade patterns etc takes over and trades for you to earn profits for you. So while you're sleeping and eating/ doing all the living stuff, the bot is always trading for you 24/7 until you run out of money. As with everything, nothing is perfect so the bot can mess up and make a mistake, even if the bot is 100% perfect, trading is always risking and everything can just poof away in a second.

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I don't even know anything about this. If anyone could assist me with any information related to this, it would be good for me.

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Automated trading: It refers to a certain strategy in trading to a program that works according to the requirements of that strategy. It is related to the extent of your confidence in the strategy that the software works

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There are automated bots that can do the trades for you. These bots have functions that are set by you and they usually profit from scalping by using the spread between buy and sell orders.

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Could be really profitable but I would currently not give my portfolio to a robot. We've seen robots auto trading with the GBP and markets went down because of an error in one robot and other robots reacted on that.


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There are bots that make money through cryptocurrency exchanges. They work automatically. Maybe you mean it.

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Well many trading platforms has this feature an option wherein you can automatically or the platform itself will do the work for you, for example, the margin trading, for example, you buy bitcoin at price $7500 and you input in the margin trading $8000 so it means that if the price of bitcoin is $8000 then it will automatically sell your bitcoin, and the other one is stopping lose, for examples, you buy bitcoin at price $7000 and the price drops at $6500 it will immediately halt the transaction to avoid the loss.

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I do not know that and how it work but I think it is like a bot trading that you will just program then it will make buy and sell and I do not know if its really effective to everyone.


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I did not try this method and I do not know about it, but I think it is a bot for trading and there are a lot of trading bots, but I advise you to trade on your own way.

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As the name suggest i think it is a type of trade that regulate itself. I have read about it before but I don't really understand it. 

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I think outupilot trading is like Robot trading You do not need to analyze the market, do not need to calculate risk management, no need to stress when trading!  Autopilot robots that will trade for you and open all positions automatically and generate profits with good risk management for you every day. But i dont know is it  really good working or just promotions. Just be ware of it. I like manual trading as prefer.

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On 1/24/2020 at 12:30 AM, Hendy1 said:

I do not understand what is autopilot trading and what is its function? several trading platforms, selling or providing autopilot trading to make it easy for new investors to get profits easily. is this a trading indicator or trading analysis? Is it legal, does every investor have to have it? waiting for your response.

Autopilot trading means automated trading. In this case trader put the conditions in the system and when price of coins meets to that condition then coins automatically bought or sold. 

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I think that this method depends on the development of trained robots that do trading on your behalf, I do not think it is safe, and it is better to learn and trade on our own.

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For me autopilot trading is not good and not profitable because it's just automated and the market is very volatile so it can keep up the movements of this market. 

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On 1/29/2020 at 3:48 PM, Jhadhasan said:

Automated trading: It refers to a certain strategy in trading to a program that works according to the requirements of that strategy. It is related to the extent of your confidence in the strategy that the software works

It is rather handing over your trading account for a trading robot to manage for you. Since it's a robot, it'll be trading 24/7 and stands a good chance of making good profit it the algorithm behind its coding was well thought out and if you  also have a good understanding of what the robot does and be able to optimize its settings.

 

I think it's legal in most countries, though I read about a country trying to impose tax on robots as workers for their owners. If you;re just starting out in trading, you need to be careful with that, because it's mindless and those who designed it can leave a back door to siphon your funds.


 

 

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Many platforms support auto trading but I think this is not the right option.

Now you can do auto trading on your computer on any platform it's very easy.

For this you will need EA (boot).

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I always see and hear about autopilot but as my self i don't really know what it means and what is the use of it.most in youtube they always says that auto pilot really profitable?is this true?

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Automatic trading using an automated algorithm. Most of the trading platform support plans are for the day and you should always watch the trading done automatically on your behalf.

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On 1/24/2020 at 12:00 AM, Hendy1 said:

I do not understand what is autopilot trading and what is its function? several trading platforms, selling or providing autopilot trading to make it easy for new investors to get profits easily. is this a trading indicator or trading analysis? Is it legal, does every investor have to have it? waiting for your response.

Auto pilot trading is actually a bot trading who do trading on behalf of you. Everything is installed in its software the fundamental an technical knowledge which bot understands and open close trading orders automatically.


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20 hours ago, Sayour Arabi said:

Autopilot trading is a strategy from trading to a strategy the this technique is suited to dieting . This is a the software machinery technique that is attached to your confidence limit . 

Hello my friend, I thank you for the important participation and providing the necessary information to us. I wish you success

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Auto pilot trading means the trade done by bots or computer programed software that uses some algorithm set earlier to calculate the market and do trading itself. It is risky too as everything is being done by computer software which may not be 100% accurate


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