Post
Topic
Board Trading Discussion
Re: Suggestion for trading platform
by
davinchi
on 07/02/2020, 17:00:20 UTC
I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
The reason you are losing money is because you trade on very low volume exchanges and there are only bot trades. Besides, such exchanges do not have stoploss system and OCO function. I think you should transfer money through the Binance exchange to get more great things. The alts listed on Binance chain are listed in Tradingviews and you can use dozens of indicator types there. In addition, Binance is a reputable exchange so you will not be afraid of being scammed like other shit exchanges.
Bots play an important role in the order books on each exchange. Even binance has a number of bot orders so we can't blame bots. Binance has higher volume which might cover bot orders and that is what makes binance a better platform to trade. Choosing a trading platform always is a necessary task which needs to be completed considering various benefits offered by the exchanges. Choosing a wrong exchange might make you land up in loss because of low volume, imperfect features, etc.

Binance has an inbuild feature to apply various strategies onto the graphs so tradingview is not that needed if you trade on binance. In-fact, binance has inbuilt graphs from tradingview so it makes things easier.