Post
Topic
Board Trading Discussion
Re: Trading bots... do they work?
by
milewilda
on 03/05/2024, 18:41:32 UTC
Looking to get some real-world feedback on trading bots, the pros, the cons and the most important question... do they work?

So please, only comment below if you're actively using trading bots and how successful they are.
I have never used bots in my trading and have no experience using bots. I always use my own experience as much as possible in my trading. I never trade on trading platforms with bots because as much as I can trust my own trading experience, I cannot trust my trading bot. I always think that one should trade using own experience on the trading platform because own experience on the trading platform is more likely to succeed.
If you do have that full time or having that huge vacant then you would really be definitely be doing up with those manual trades and this is something that will really be your routine but for those people who do have their day jobs and some errands or something important matters and just making trading as their side income or profit then making use of bot is something that would really be relevant and helpful. It is really just that most newbies or not all would really be having that kind of impression and beliefs into their mind that trading bots could actually make them money or somewhat being a sure thing without even trying out to realize that they are really just that tools that makes your trading venture would be more that simple and not hassle. Come to think that bots are really just that automating those strategies that has been set on which it would really be just that normal that it will really be that that basing up on someones knowledge on how they would be setting up their bot. If you dont have that sufficient knowledge about trading and using up indicators
then there's no way that you could be able to make yourself knowledgeable on using these things too.