Post
Topic
Board Trading Discussion
Re: Binance trading bots are garbage
by
South Park
on 14/08/2020, 19:01:23 UTC
I was on that thinking before and I find it wrong. It can't be that bots or any trading will make you profitable in trading but it's YOU who did it. It is something we need to understand and for those whose coming to become a trader. We didn't just rely on this thing coz we are just to fail if that so.

@OP, It wasn't the bots you have a need to complain but first, consider yourself out of it. Some bots did it right but it was wrongly used by its users then the result will be opposite, this is probably what it happens to you. You better check it.
Exactly, bots do not generate profits on their own what they do is to follow the strategy you have coded in them and follow it in a perfect way without deviating from it, if you did a good job with the bot then you get profits if you did not then you lose money, and as long there was no bug or mistake in the code of your bot then your profits and losses come directly from how effective your strategy really is, so this notion that bots bring profits or losses on their own is ridiculous, the one that wins or losses is always the trader behind the bot.