Post
Topic
Board Trading Discussion
Re: Do you use a trading Bot?
by
milewilda
on 15/07/2020, 22:31:27 UTC
Do you use a trading bot and what's your favorite trading bot?

Also what type of strategies you use with the bot? And it is profitable for you?
for crypto trading, I don't use a Trading bot...
I give up with trading bots, I have used trading bots on my forex account, but it is not profitable for me, taking buy/sell positions is less accurate, since then I am afraid to use the trading bot, it's better to trade real-time alone.
It happens when you are new into trading it takes a little time to understand how bots will work and how to enter data into the bot for optimal profits but once you get into trading and get the required knack of trading with bots then actually bots can help you a lot in automatize your trades. The only thing you need to be careful is bot do not have brains so if you made a little human error in filling data then it can erase off your balance in almost a blink of an eye.

I am a part-time trader and gambler so I use bots almost for every task even when I am rolling dice I do it with bots or sometimes the automated betting that is being provided by the casino itself.

When it comes to bots then making use of it would really need corresponding knowledge first on manual.You cant set out everything nor even know how to edit if you dont know on what you are doing.
Its just normal that you do  need up to learn from the basics but somehow we do see already set-up bots that do exist in the market but it is much better if you do know on how to alter things up
because we know that market situations can be different from time to time which means there would be a specific strategy in those cases thats why it would really be an advantage on your side if you do
know on what you are doing.