Post
Topic
Board Trading Discussion
Re: Binance trading bots are garbage
by
South Park
on 10/08/2020, 16:26:43 UTC
Your title is also Garbage
Are Binance the once that create the trading bots?
Do trading bots work only on Binance?

Why are you even using trading bots in the first place?
You could as well spare sometime, learn the trading basics, experience trading and make some money instead of paying subscription for some bot to do it for you.

Im on phone. So i cba answering everyone.
But no. Im not losing, quite the opposite.
Im not using any bots myself.
Just turned 100$ into 400$ through futures in less than 1 day, trying to follow up on a theory regarding the bot algorythm.
They clearly only play by a mathematical pattern with a few variables and parameters, and nothing else it seems. (I know the owners change these factors from time to time, to not get caught up in their strategy)

Edit: i dont know if these bots are from Binance themselves orjust  sh*tty 3rd. Party bots.
Btw. So far im only studying their short-mid term strategy.
Well if that is the case and you're not using those bots yourself and are only using them to try to learn how to trade then you need to understand that for the most part bots are never going to be as good as people when it comes to trading the markets and if you are able to obtain profits on your own then for the most part you do not need to use a bot, but if in the future you feel the need to use a bot in order to automate some of your trades then it is a better idea that you could your own bot.