What is trading bot ?

[DeDINeON]

They run on your VPS for example, observe signals such as TG / Twitter groups / exchange trading pairs, price changes / volumes etc. and execute buy/sell orders based on how you have programmed them or what parameters you have given.

[doc]

Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.

[DeDINeON]

Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.

Trading bot can be used with minimal amounts also, no need to be whale or big funds. I started using bots just with a few hundred dollars worth of cryptos as I wanted to test. Used some listing bots & pump & dump sniffer bots and results are usually 100 - 250% up. Not bad. Of course it requires you know what you are doing and to where point sniffer bots. Manually its impossible to do what bots do, you cant for example find the signal and enter buy within 5ms, manually it takes at least 10 seconds and more, not to mention you need to be ready to enter sell order most likely within 10 seconds. In this kind of trading manual trades pay bots profits. But of course manual trading fits well not so intense trading. All depends on how you want to trade, but anyway its possible and even better to start with nominal capital as when you train to use bots or train bot AI, there can come expensive mistakes/errors.

[yohananaomi]

-"-

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.

Actually, there is no special specification that trading bots are only used by whales or big traders, but this is because of the ease that they want to achieve, even though the results may not always be in accordance with what is desired, there will always be differences that will occur so that it must always be monitored.
many do use trading bots with certain specifications that may be adjusted to their will but you are right, many also use manuals and I myself like prefer manuals. once again all depends on the desired needs.

[cryptopapa2346]

Just as a hammer is a tool, so is a boot. Of course you can use a rock to drive the last nail into your mother-in-law's coffin, but a hammer is a great tool, wouldn't you agree? The only downside to buying and selling shoes is that you shouldn't be sitting 24/7 behind your display and looking for charts on five different video display units. A few rupees

[ahtashamhero]

so its a sotware  that is used to buy and sell

[Hubert Hodge]

Trading Bot is a type of software that allows anyone to purchase and sell assets. Because it is a bot, it can make early buy and sell decisions that would be impossible for a human to make. However, work is not always a positive experience.

[PersonHaterred]

As someone new like me crypto currency world I have yet faced only one trading bot which is of KU Coin. It needs minimum 240 dollars investment. But in these days market is too much down we should keep us to trade or invest.

[Wishywashy]

A crypto trading bot is a kind of automated software that helps a trader buy or sell cryptocurrencies at the correct time. Its main function is to increase a trader’s profits and reduce losses.

[Cherrysix]

Trading bots is a program that, using a certain algorithm, can automatically make the sale and purchase of cryptocurrencies on the corresponding exchanges.