Post
Topic
Board Trading Discussion
Re: Binance trading bots are garbage
by
Tipstar
on 30/08/2020, 09:42:54 UTC
South Park, you are absolutely right. Learning trading is not some sort of rocket science. You just need to involve your brain cells and figure out how market is moving. But, you know, people like to take short cuts, whatever it costs.
Aren't they aware of the danger for taking the short cuts? I mean it's always dangerous to take the short cuts if you don't know where it will lead you. All I'm saying is to at least learn something first before taking that short cuts just like using that bots. It's not a plug-and-play that because you bought/use it—it doesn't mean you will basically going earn a profit already. There's a process of doing that and the more you learn about it the more it's easy for you to understand and to execute the bots on how your trading goes well.
Common mistake on where people do really believe on and the fact that people do continuing on believing such stuff even if it doesnt work that way.They are just too lazy to do the hard work thats why they do end up
into these presumptions which are totally wrong.

They do trying or force things to work but once reality slap out their faces then thats the time they do talk about negative about it like its a piece of trash or garbage without even realizing into those things
that had spit out into their mouths.

Bots are for automation but people do always have the wrong impression towards it.

Exactly. Bots are just tools not the means. You need to modify it according to your strategy and no strategy would work good in all the circumstances. You should predict the market for next week, next month or next year and modify your bot accordingly. Which way do you believe the prices are going to move and what currency are you going to have when the change in market arrives would define the nature of your bot.