Post
Topic
Board Trading Discussion
Re: Does using trading Bots is more profitable than conventional trading?
by
jackg
on 23/07/2020, 15:10:02 UTC
I think there was a concensus that once enough people are using a bot it doesn't work as well anymore.
It might be a good idea to check someone actively updating (if they still are) like gunthars gunbot (not sure about any others)..

It might be practical to try to spend a few minutes doing your own TA. Most advanced people don't put in more than one trade for a few days and still get a decent return.

I don't know of the feasibility of using telegram for automated trading also, some channels I've subscribed to make decent returns and their trades are pushed through cornix's automated bot but I don't trust them with much and you have to do a bit of analysis to see how good the channel manager is to start with. And there's also copy trading thst seems to have become a thing elsewhere here but both of these are extremely risky if you grant access to leverage or don't limit trades to 1-5% of your portfolio.