Quote from: Hallmader on January 10, 2020, 09:32:07 AM

Quote from: teosanru on January 09, 2020, 03:34:52 PM

Quote from: Hallmader on January 09, 2020, 09:56:23 AM

Quote from: Soots on January 08, 2020, 03:15:18 PM

Quote from: Hallmader on January 08, 2020, 01:34:55 PM

Quote from: boris singer on January 08, 2020, 07:25:24 AM

Quote from: Hallmader on January 08, 2020, 03:40:29 AM

The subject of this thread is kind of absurd. It is somehow like "the market is dumping: time to panic?" I mean, why panic? Is that even an option? What now if the trading platforms are dominated by bots? Is that something new around here? That has been the reality even before. Furthermore, they are not as brilliant as a trader who does the trading manually. In fact we can manipulate trading bots more than they can manipulate us.

perhaps of concern is the effect of increasing the use of bots with more accurate algorithms. in fact the bot currently still has a weak point and cannot respond to all conditions automatically, it is still limited to tools that cannot handle strong swings, if the bot is not proven to interfere with other stock market activities that are clearly quieter than the crypto market, then there is no need to panic.

Not only are bots failing during swings, they also lack the capability to analyze. They are used according to the limits set by the owner which means that bots are doing what the owner thinks is the best move. The problem is that the market is highly unpredictable. Not even bots plus the owner can predict what happens next in the crypto market.

Bots are preprogrammed to create predictions, always rely on your specific decision. Making a good moves is dependent on how you initiate a smarter trades, when market starts to increase a potential gains. Doing it physically is much better than virtual strategies.

I have always agreed to this. Doing it manually is much better. There are those experts in the use of bots. Well, they must have found the best ways to handle a bot. And they are full time traders. They know better how everything works. As for me, however, it seems bots are too limited I cannot make the best out of them. When bots try to compete with my order, I let them be. It is a waste of time to fight it out with them.

I think instead of flexibility trading generally requires a lot of discipline which is really difficult to maintain along side human emotions which is why bots are growing. Doing manually may give you chance of changing your strategy but truth is 80% of times you lose because of not sticking to your strategy.

I would have to agree with this. I admit that in terms of sticking it out with the strategy, humans are weak. Bots are much better. Sometimes the analysis is good, the figures are already set, but when the pump finally came and the green candle is rising, the 5% target suddenly changes into 10%. And that is where many are lost.

Humans are still better than bots, I do not trust bots anyway. I only rely on my analysis and not the analysis by the bots. There are now a lot of studies saying that it is better if we will rely on ourselves than on bots. The winning rate is more high if I will follow my own thoughts and ideas. I know that many traders are prefer to trade manually than to use trading bots.