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Pros & Cons Of Trading Bots

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Disclaimer
Please understand that leverage trading is very risky and around 80% of people who leverage trade have a net loss over a long time frame.
Do not trade on any exchange that prohibits trading from your geographical region.
The content in this video are only intended for entertainment purposes only. Please do your own due diligence when making decisions for yourself.

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36 COMMENTS

  1. I built a bot that made 100% in 5 hours . all positive b trades. Then went all down till 150% . a bot has to handle each period but to set a bot well it has to include the the logic also for market changes. it has to be tested many times

  2. I have been working on an EA, currently I got it to the point that it can generate a minimum of 100$ profit with 30$ equity within 1-3 hours. Usually the profit is around 200$zone but still if you count 100$ in 3 hours, you can get at least 300-400 with just an equity of 30$ per day

  3. Generally agree, but trading is a machine activity. Bad choice leave it to us. Mainly for short term/frequent operations. Bots are a wiser choice. The key is to customize it. Not just config parameters, fork some good project and alterate it.

  4. I do coding for living and I finished a trading course. The FOMO kicks in always that is why I combined my 2 skills and I am about to finish a trading bot. Currently it has over 70% WR (backtested on 136 coins for 1 year). I am now testing it on my personal live account. It was definetely a very hard work but I'm glad I am about to retire soon.

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