Quote from: masulum on Today at 07:32:54 AM

Quote from: freedomgo on July 06, 2025, 11:56:28 PM

They can be a helpful tool, but they will never guarantee a profitable outcome. I suggest, while you are trying to comprehend from those trading bots, make use of your own knowledge and experience as well because the success of your trades do not rely much from using AI, but from your own concept and perspective as a trader. That’s why you have to be a sufficient and reliable trader in the first place.

There is no indicator or single tool that will guarantee a profit for trader. All of them just tools to help determine the trend before making a decision. If anyone thinks that Indicators and AI are a guarantee for profit, then they are in the wrong position in understanding how AI, Bots and Indicators work. That is why pro traders always remind us to always to set a stop loss, this is to avoid any trend reversal in market.

It is more important for traders to follow this method of trading. I am talking about stop loss sale that you mentioned. If traders follow the recommendations you have given, the chances of losing capital will be reduced to a large extent. Suppose someone has bought crypto from the market but is losing money compared to making a profit from it then you decide to sell at a loss which is a sign of losing capital for you. I firmly believe that if a trader can stay away from stop loss sales he will be able to profit in a very short time and become a good and experienced trader. Although this type of strategy is not easy because most traders have short-term strategies but due to the decrease in UP he fails to recover quickly so he is affected by FOMO.

Professional traders also recommend something else, such as continuing to buy regularly. If a newbie trader buy crypto and the price drops he should continue to accumulate regularly even in small amounts because regular accumulation tend to reduce the UP of that crypto and this method is a great one for those traders.