Re: Automated Trading Challenge

..... What's the exact risk with such automated bot?

The bot breaks down and will not execute trades that it has been instructed to do. crwth didn't mention that maybe because gunbot is reputable.

The bot breaks down how? What do you mean? Do you think it stops by itself? It has been tested continuously, and if there are bugs to report, it's relatively easy, and it will be fixed right away, and you could easily update it. If there are configuration errors, you could always reinstall it. Besides, there's an automatic backup for your configuration on your setup. I didn't think to mention it because I didn't experience it with this setup.

Bots go down all the time. It doesnt even have to be the bots fault. Exchange websockets have gone done before, or even intermittent. How did you keep your bot trading when that happened?

I didn't say that the exchanges websockets and API access don't go down. Of course the bot cannot continue to process orders if the connection to the exchange is down but it still cycles, meaning it could connect again once the connections are up again. No need to do anything on it.

The word that he used is "breaks" down, indicating that the bot is broken. That's why I'm asking "how"