Post
Topic
Board Trading Discussion
Re: Are you using a trading bot?
by
Kong Hey Pakboy
on 13/05/2020, 12:39:05 UTC
I don't fully understand the use of bots where you do not know what strategy it's running. You never learn anything and have no idea how to adjust. Of course if you really don't care about learning trading it's fine.
I run bots, but do check in on the performance and optimise. Not a programmer and really did not want to run something that is not backtested so in the end used Cleo.one. Usually I pilot strategies on paper trading first. 
The only used of trading bots or automated trading is to help a trader to manage his portfolios while he is busy on other things, but automated trading do not guarantee 100% profit. So working on our trades or doing manual trading is still the best because even we may experience losses, there is still a huge chance for us to gain back all of those losses by doing it on our own.