Post
Topic
Board Trading Discussion
Re: Bots, AI Bots or signals?
by
Butonyki
on 20/11/2018, 10:57:20 UTC
None of the above mentioned. There should be human intervention on trading. You cant rely on just bots that will trade on your behalf based on your instructions. We always say we should separate our feelings when we trade but in reality, we still need to use it when we trade and thats what Bots doesnt have.
Well, as much as I agree with that, there are still some times when you may not have much time in your hands to trade the market, and execute your strategy intraday and you will most definitely need a bot to do that for you. However, I also understand that in most cases, when it comes to human, there are some times you will know it is a good time to just stay off the market, and that is one thing bots really will never understand.

As long as things are going with your strategy, they execute it and that sometimes may not lead well, which is why even if you use bots, that does not mean you should just rely on it completely, but at least still monitor the market once in a while to know if you will need to stop your bot based on the current market conditions or not.
I think it is quite better for a trader to do trading itself. Don’t forget that loss is there always waiting for your catch up. But what we must do, to confront it and deal it very smoothly.