Trading with bots

[john_egbert]

Actually, the use of bots is only to make our trading more automatic, because everything will be done by bots but for the target purchase price and sales are set by traders, so traders must still have skills in trading.
The use of bots will not increase the win rate of traders, and it is also not easy to use bots because there are features that must be learned properly by traders so that the bot will work as it should, but I would prefer manual without forgetting to apply stop loss.

As many out there said - bots are no solution who are not good at trading without them.
They are not life savers or changers - they are simply there to accompany you or do something that a human cannot - be in one place all the time monitoring statistics or doing things you told them to.

[G_Besar]

As many out there said - bots are no solution who are not good at trading without them.
They are not life savers or changers - they are simply there to accompany you or do something that a human cannot - be in one place all the time monitoring statistics or doing things you told them to.

It is just a kind of tool so it is natural that it cannot be fully relied on because there still has to be control from our own side as active traders. And sometimes there are also times when it is not really needed if a trader does not often make sales in the near future because they prefer bigger profits. But for bots, I think it is just about a few solutions that can be used and can also not be used because it all depends on the trading pattern that is run by each trader in the market.

[Lanatsa]

I am doing scalping with 1 minute chart and I see a big rejection candle at 22.21 london time for most alcoins, also for btc...how do you guys interpret this?
My guess is the trading with the altcoins is done most by bots...
Any tips on how I could learn to automate my trading with bots?

Even though you are a beginner, I won’t recommend you trade with bots; it is not advisable, and it's discouraging. Seriously, why won’t you just settle down and learn everything by yourself? so you can be confident in yourself and trade with your own brain. Trading with bots won’t help, and it will make you feel lazy and not get updated on how the market is moving. You will just be claiming a trader, but you won’t know much about what you claim you are. So I think the best thing is you should learn and trade on your own. Leave bots aside. 

Actually, the use of bots is only to make our trading more automatic, because everything will be done by bots but for the target purchase price and sales are set by traders, so traders must still have skills in trading.
The use of bots will not increase the win rate of traders, and it is also not easy to use bots because there are features that must be learned properly by traders so that the bot will work as it should, but I would prefer manual without forgetting to apply stop loss.

It was really meant for this purpose but sadly there are those people,specially newbies that do really believe that bots could make out money for them and thats why they do directly make use of these bots without realizing it actual usage. This is why on the moment that they've seen their trading capital has been blown out then they will really be taking up the blame into the bot and telling that it doesnt work or even telling that it is really that shit and useless. On the time or moment that they do able to know things on how trading works then they will really be making out those realizations on thats how trading bot works. Its true on what you have said that it all talks about automation of someones trades and you are the ones will really be tweaking out if ever you do want a bot will be able to execute trades according into your liking or strategies.

You will be able to find out its relevance if you are really that someone whose really that always getting far with your pc on which you can just select on making use of those bots and doing the trading for you but of course everything will really be just that followed basing up into the things that you had set out. You will be able to find out its relevance if you are really that able to make use of it and on the moment that you do able to gain up sufficient experience towards trading then you will be having those realizations in the end and making use of it on how it supposed to be.