Quote from: Parazyd on June 20, 2014, 10:02:49 AM

Quote from: zimmah on June 20, 2014, 09:35:25 AM

I'm looking into writing a trading bot, but I don't know how to make one yet, I'm trying to learn it. I don't trust third party bots so I want to make it myself.

Don't. They cannot see what people can see. Trade yourself, even if it's two trades a day. You're so much better on your own than using bots.

I agree, but I'd still recommend everybody who can program to write a bot or to play around with the existing ones. You learn a lot about different strategies, indicators and you can backtest your ideas very quickly. Many people think they can easily beat the market with simple strategies like EMA crossover and don't realize that you can waste a lot of money when you have the wrong parameters. Even if you end up trading manually or even if you come to the conclusion that buy & hold is better for your needs, it pays off to invest some time to implement and backtest a bot.

jeffg

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