Can Trading Bots be trusted.

[smartaction]

I also saw many people using trasing bot to trade and some times they are being profited and some times they are loser. But i never use trading bot. I think trading bot is risky. This trading bot are not oprating any human it is only computer software oprated.

I always believe trade can be done by own decision. Otherwise losing possibility increase. So i always trade following my own decision and thinking.

It is always best to trade with your own thoughts for trading. If you trade with advice from others, you will face various problems from time to time. I think you can get profit from trading only when a person is ready to trade with good experience about trading.  Yes. I have no idea how safe it is to use a trading bot, but I think it would be better to trade using your own experience rather than using a trading bot.

[kulkhan]

I also saw many people using trasing bot to trade and some times they are being profited and some times they are loser. But i never use trading bot. I think trading bot is risky. This trading bot are not oprating any human it is only computer software oprated.

I always believe trade can be done by own decision. Otherwise losing possibility increase. So i always trade following my own decision and thinking.

It is always best to trade with your own thoughts for trading. If you trade with advice from others, you will face various problems from time to time. I think you can get profit from trading only when a person is ready to trade with good experience about trading.  Yes. I have no idea how safe it is to use a trading bot, but I think it would be better to trade using your own experience rather than using a trading bot.

Exactly i want to say that. I also think always trade with your own research. Otherwise you will be losser there has no doubt. I always trade with my own though. Many years ago i bought paid signal for trading but it was my big mistake in my life i think. Because i was lost my fund from there. So my strong advice do not depend on others advice to trade. Even i never use any kinds of trading bot in my life.

[_act_]

Trading bot cannot be trusted because their output delivery is not hundred percent effective as expected, they have a particular range or band at which they are limited to, we cant expect a trading bot to always give us same result being accurate all the time, their uses can even get more worse if they have gotten to the extent of being over used, they may not deliver as before and there is nothing we can do, after which most of them were even bought with our money.

[smartaction]

I also saw many people using trasing bot to trade and some times they are being profited and some times they are loser. But i never use trading bot. I think trading bot is risky. This trading bot are not oprating any human it is only computer software oprated.

I always believe trade can be done by own decision. Otherwise losing possibility increase. So i always trade following my own decision and thinking.

It is always best to trade with your own thoughts for trading. If you trade with advice from others, you will face various problems from time to time. I think you can get profit from trading only when a person is ready to trade with good experience about trading.  Yes. I have no idea how safe it is to use a trading bot, but I think it would be better to trade using your own experience rather than using a trading bot.

Exactly i want to say that. I also think always trade with your own research. Otherwise you will be losser there has no doubt. I always trade with my own though. Many years ago i bought paid signal for trading but it was my big mistake in my life i think. Because i was lost my fund from there. So my strong advice do not depend on others advice to trade. Even i never use any kinds of trading bot in my life.

I have no idea how accurate the signals are in the paid signals. But most of the time there will be a profit but there will be a loss which is not acceptable. So instead of waiting for these signals you can start trading with a small amount of money to increase your experience.  Money will be at risk whenever we start trading depending on others. But we have to accept that we have to take risk in trading but we cannot take risk in any wrong coin.

[legend45]

Trading bot cannot be trusted because their output delivery is not hundred percent effective as expected, they have a particular range or band at which they are limited to, we cant expect a trading bot to always give us same result being accurate all the time, their uses can even get more worse if they have gotten to the extent of being over used, they may not deliver as before and there is nothing we can do, after which most of them were even bought with our money.

I read some member comments about bots and I agree with them, we should use manual way to trade, because it trains our skills in trading. because in my opinion bots are only a suitable way for newbies to trade at the beginning, when they are already experts they usually use manual way.

[luckyledger]

Trading bot cannot be trusted because their output delivery is not hundred percent effective as expected, they have a particular range or band at which they are limited to, we cant expect a trading bot to always give us same result being accurate all the time, their uses can even get more worse if they have gotten to the extent of being over used, they may not deliver as before and there is nothing we can do, after which most of them were even bought with our money.

I read some member comments about bots and I agree with them, we should use manual way to trade, because it trains our skills in trading. because in my opinion bots are only a suitable way for newbies to trade at the beginning, when they are already experts they usually use manual way.

Bots can be used as a support for your trading sessions, but not as a full-fledged mini-copy of you.
The main processes must be done by you yourself 

[smartaction]

Trading bot cannot be trusted because their output delivery is not hundred percent effective as expected, they have a particular range or band at which they are limited to, we cant expect a trading bot to always give us same result being accurate all the time, their uses can even get more worse if they have gotten to the extent of being over used, they may not deliver as before and there is nothing we can do, after which most of them were even bought with our money.

I read some member comments about bots and I agree with them, we should use manual way to trade, because it trains our skills in trading. because in my opinion bots are only a suitable way for newbies to trade at the beginning, when they are already experts they usually use manual way.

It can be good for those who are new to trading to use trading bots. Those who are new to trading do not have much knowledge about trading and trading requires experience. If one decides to trade without experience then he is taking a big risk.  We know that if you don't have good experience about the market for trading, it will never be possible to make a profit. Again, if the market condition is bad, you should refrain from trading during those times. Those who are more experienced about trading can trade in any situation.  Can. It may be better for those who are new to trading following their many rules.

[Gurujebs]

A few of my friends have floated the idea of bot trading to me recently, granted they are doing this because they want to take part in a trading bot event. But I see the appeal with bot trading.

It gives the ability to automate trades, react quickly to market changes, and operate 24/7 without human intervention.

The event entails running futures bot trade for tokens like EIGEN, CATI etc, and I'd like to know how efficient the bots are with trading lesser known projects.

The first thing yiu should have done is to ask those your friends if trading using bot is profitable or not, it would have help you to know if it's okay to try it or not. I'm not too use to this bot trading of a thing but I know that if it's not profitable, the exchanges will not promote it and people will not use it to trade in the first place, it's definitely for people that don't have much time and yet want to make money from trading.

The only problem with Bot is that it doesn't really understand bear market, what it does is that it stop loss your trade must of the time and you might not make much profits like that. So, give it a try but use little money.

[dekafee79]

A few of my friends have floated the idea of bot trading to me recently, granted they are doing this because they want to take part in a trading bot event. But I see the appeal with bot trading.

It gives the ability to automate trades, react quickly to market changes, and operate 24/7 without human intervention.

The event entails running futures bot trade for tokens like EIGEN, CATI etc, and I'd like to know how efficient the bots are with trading lesser known projects.

The first thing yiu should have done is to ask those your friends if trading using bot is profitable or not, it would have help you to know if it's okay to try it or not. I'm not too use to this bot trading of a thing but I know that if it's not profitable, the exchanges will not promote it and people will not use it to trade in the first place, it's definitely for people that don't have much time and yet want to make money from trading.

The only problem with Bot is that it doesn't really understand bear market, what it does is that it stop loss your trade must of the time and you might not make much profits like that. So, give it a try but use little money.

In using bots we must understand whether the bots will benefit us or not, I have tried it and it turns out that it is easier for me to do it manually in trading than using bots. Trading is something that we have to learn for a long time to gain experience and skills as many people say and it is not easy to do.

[MRY]

A few of my friends have floated the idea of bot trading to me recently, granted they are doing this because they want to take part in a trading bot event. But I see the appeal with bot trading.

It gives the ability to automate trades, react quickly to market changes, and operate 24/7 without human intervention.

The event entails running futures bot trade for tokens like EIGEN, CATI etc, and I'd like to know how efficient the bots are with trading lesser known projects.

The first thing yiu should have done is to ask those your friends if trading using bot is profitable or not, it would have help you to know if it's okay to try it or not. I'm not too use to this bot trading of a thing but I know that if it's not profitable, the exchanges will not promote it and people will not use it to trade in the first place, it's definitely for people that don't have much time and yet want to make money from trading.

The only problem with Bot is that it doesn't really understand bear market, what it does is that it stop loss your trade must of the time and you might not make much profits like that. So, give it a try but use little money.

In using bots we must understand whether the bots will benefit us or not, I have tried it and it turns out that it is easier for me to do it manually in trading than using bots. Trading is something that we have to learn for a long time to gain experience and skills as many people say and it is not easy to do.

However, it has to be admitted that trading bots do not offer good results in trading in all cases. Although bots can be useful for automation and to speed up transactions, machines cannot always generalize the market patterns that call for immediate modifications. Another reason I found traders also prefer to analyze market movements manually and it provides feel for sudden changes which bots can’t even find unless one set narrow parameters. Thus, trading bot users reckon that it dominates for definite plans or steady and unchanging market environment, but with fluctuating exiting and rapidly shifting market environment is still controlled by the human hand and experience.

[LUCKMCFLY]

However, it has to be admitted that trading bots do not offer good results in trading in all cases. Although bots can be useful for automation and to speed up transactions, machines cannot always generalize the market patterns that call for immediate modifications. Another reason I found traders also prefer to analyze market movements manually and it provides feel for sudden changes which bots can’t even find unless one set narrow parameters. Thus, trading bot users reckon that it dominates for definite plans or steady and unchanging market environment, but with fluctuating exiting and rapidly shifting market environment is still controlled by the human hand and experience.

There are many things that can be decisive, a robot has a lot of programming to respond to past movements in the market and confirm that the robot makes a commercial decision, they have technical analysis foundations, but I think it could be complemented with an AI where it will be advanced, it is useless to have an AI that takes data in real time from the web, for me it is something that does not make much sense to try to make a script that way, of course respecting the foundations that are installed or programmed, if I have faith in the bots, but I still do not trust them to operate.

[bayu7adi]

The first thing yiu should have done is to ask those your friends if trading using bot is profitable or not, it would have help you to know if it's okay to try it or not. I'm not too use to this bot trading of a thing but I know that if it's not profitable, the exchanges will not promote it and people will not use it to trade in the first place, it's definitely for people that don't have much time and yet want to make money from trading.

Usually platforms promote bots with a subscription fee... and people are interested because bots never involve emotions in making decisions... until now none of my friends recommend trading using bots, they think that bots pamper us too much so that our trading experience cannot progress... even though high flying hours are one of the important things to improve our sense in trading.

[bitterguy28]

Usually platforms promote bots with a subscription fee... and people are interested because bots never involve emotions in making decisions...

i guess that is one of the benefits or advantages of trading bots compared to humans they are void of emotional responses to news or market movements so trading bots are less impulsive with decisions but this is also its disadvantage

trading bots are way too stiff and are not flexible they can’t make decisions in the moment and can’t look at the bigger picture

until now none of my friends recommend trading using bots, they think that bots pamper us too much so that our trading experience cannot progress...

yeah because a trader that relies on bots will never try to learn how to trade himself they will be too dependent on these bots that they will not do anything to improve and make their trading skills better

[gunhell16]

I also saw many people using trasing bot to trade and some times they are being profited and some times they are loser. But i never use trading bot. I think trading bot is risky. This trading bot are not oprating any human it is only computer software oprated.

I always believe trade can be done by own decision. Otherwise losing possibility increase. So i always trade following my own decision and thinking.

It is always best to trade with your own thoughts for trading. If you trade with advice from others, you will face various problems from time to time. I think you can get profit from trading only when a person is ready to trade with good experience about trading.  Yes. I have no idea how safe it is to use a trading bot, but I think it would be better to trade using your own experience rather than using a trading bot.

Exactly i want to say that. I also think always trade with your own research. Otherwise you will be losser there has no doubt. I always trade with my own though. Many years ago i bought paid signal for trading but it was my big mistake in my life i think. Because i was lost my fund from there. So my strong advice do not depend on others advice to trade. Even i never use any kinds of trading bot in my life.

I have no idea how accurate the signals are in the paid signals. But most of the time there will be a profit but there will be a loss which is not acceptable. So instead of waiting for these signals you can start trading with a small amount of money to increase your experience.  Money will be at risk whenever we start trading depending on others. But we have to accept that we have to take risk in trading but we cannot take risk in any wrong coin.

That is the best and right thing to do, to start with small capital in doing trading, because with this we will learn little by little in this matter. Because the theory is always different compared to the actual experience, and we feel the feeling of a real trader.

So the trading bot is simple: if it's profitable for you, use it. Now if you just rely on others to earn from trading because they have more ideas and knowledge than you, I think you won't be a progressive trader in the end.

[Themepen]

There are many things that can be decisive, a robot has a lot of programming to respond to past movements in the market and confirm that the robot makes a commercial decision, they have technical analysis foundations, but I think it could be complemented with an AI where it will be advanced, it is useless to have an AI that takes data in real time from the web, for me it is something that does not make much sense to try to make a script that way, of course respecting the foundations that are installed or programmed, if I have faith in the bots, but I still do not trust them to operate.

Yes Robots can study past market trends and make smart decisions but adding AI makes them even better. AI analyzes data in real time finding patterns and trends that traditional methods miss. However just giving AI real time internet data is not enough it needs careful programming to provide useful information.

I also agree that relying only on bots for trading is not wise decision. Bots have potential but they lack human understanding and subtlety. Combining AI insights with human expertise creates stronger trading plan.