crypto trading bot

[virtusa]

Markets are manipulated by exchanges assuming that is true why would anybody in their wisdom trade on such an exchange! no wonder these exchanges are in tinpot jurisdctions!

There are a lot of people who still trade these exchanges. Greed and unrealistic expectations are the driver.
In november 2022, the low was below the high of december 2017. So that is already more than 5 years ago. 5 years with no prifts at all. The return in that period, for HODLers, was negative.

 

[alistera]

But is does not work. Which means that showing it would confirm the scam. So there are two arguments why it will never been shown.

It is really hilarious how people are so brainwashed by the crypto scam.

That is stupid, just because you don't know anyone that can make it work doesn't mean it cannot work, you along with most everyone else just don't know what you don't know.

If you compound small capital amounts consistently then they become large capital amounts, crypto is no different from stocks which is no different from futures which is no different from forex, only the leverage and volatility changes.

All markets are manipulated to make sure you go for big wins and fail with everyone feeding that delusion because it's what they want to hear.

 

[traderjo]

Everything is manipulated in life, if you don't accept this you are destined to fail no matter how hard you work.

Prop trading, prop mentoring, arb prop trading, arb mentoring, if that is the providers business then those bots will fail, if the providers business is something bigger then they likely will not fail.

If a system was designed to manage $1bn AUM but only deploy $1mill yet produce the same returns on an exponential curve it avoids all market volatility.

If you then took that same system $1,000 that would become $1mill via prop trading if everything was done correctly, but that last part needs the training.

Prop trading has a 92% failure rate when it is the providers business, when it is a small part of the providers business the failure rate becomes 8%, inverted.

If you look at Dennis Turtles that was the exact failure rate they had, this is how it works.

I dont think you are getting my point which is about exchange integrity if "Everything is manipulated" in life then why are we even discussing anything?

 

[Goldlover]

Trading bots can generate profits, but developers often sell them to share expertise, provide convenience, or earn income.

If the bot worked they wouldn't need to sell it.

 

[alistera]

I dont think you are getting my point which is about exchange integrity if "Everything is manipulated" in life then why are we even discussing anything?

I got it a long time before you, because the human race has to interpret that manipulation to try and gain an 'edge', but in reality there is nothing to discuss.

1) You either do it the institutional way which you can't afford in time, in energy, in skills, in money

-or-

2) You take what scraps the markets leave for you which is less each year, it used to be 15-20%pa, but now it's 7-10% but you won't know that yet because you need to 'interpret' first

The arb system I use they've had enough of everyone's stupidity, they just hiked the prices 300-500% and replaced the old levels with prop arb, they're about to do the same with the discretionary.

Unless it's one of the two above no bot nor discretionary trader can generate consistent profits, it's as simple as that.

 

[Goldlover]

Factor 1. Having access to the source code of the so-called "bot" and understanding how it creates signals.

Right. It enables customization and helps users have confidence in the bot's performance.

 

[virtusa]

I got it a long time before you, because the human race has to interpret that manipulation to try and gain an 'edge', but in reality there is nothing to discuss.

1) You either do it the institutional way which you can't afford in time, in energy, in skills, in money

-or-

2) You take what scraps the markets leave for you which is less each year, it used to be 15-20%pa, but now it's 7-10% but you won't know that yet because you need to 'interpret' first

The arb system I use they've had enough of everyone's stupidity, they just hiked the prices 300-500% and replaced the old levels with prop arb, they're about to do the same with the discretionary.

Unless it's one of the two above no bot nor discretionary trader can generate consistent profits, it's as simple as that.

Never forget that the choices you mentioned are limited by your personal knowledge. Each person has a different knowledge. So there might be many more possible choices. And some of them might be profitable.
To make a correct judgement you need to know ALL the theoretically possible choices, and be able to select the winning one.

Based on the knowledge I have, many things that exist,were to impossible based on my own knowledge.
I don't understand, with my personal knowledge, how to make:

• planes
  
• mobile phones
• engines of cars
• rockets
• computers
• hairdryers
• ovens
• pencils
• printers
• lasers
• etc....

However I believe now that these things exist and work, because I saw clear proof of that.

You have no clue how many different ways /systems there are to make money in trading. If tomorrow someone shows an audited track record of 5 years showing 200% returns per year, you will believe it. The only problem is that people having such a system will never tell it and surely never proof it.

 

[alistera]

Sure, using information from 30-50yrs ago which is what all public 'knowledge' is based on, but today everything is correlated to one, it might not happen today, it might not happen tomorrow, but it will happen.

Those things only exist because of exponential knowledge exploration using 1,000s of failures, most modern medical science today is based on the experiments performed during the Second World War.

You need thousands and millions to sacrifice themselves to have the things you mention, no prop firm or bot will go through that process, anyone that does can have those things and provide them to others if they see fit.

It is the great manipulation that the few which have achieved the end result are limited by the lowest common denominator of those who didn't go through the process.

Absolutely every trading system which is consistent over the medium to long term is a derivative of 1) or 2) there are no exceptions, what you are confused about - 'what is deemed short term'.

That is where knowledge and choices come from, time, the shorter it is the more 'choices' present themselves, for most that's a good thing, for the few that know, it's not.

 

[Nighthawk]

If the bot worked they wouldn't need to sell it.

Spot on!

 

[alistera]

What complete garbage, almost all bots work short term so they all have marginal value, the entire fabric of life is a scam.

If you have something that works above short term a funny thing happens, no one cares because they are too embedded in the scam of life themselves, which means they cannot time the cycles being all-in, which means whatever they are doing fails.

No one has a bot that works consistently here or anywhere else, because it needs 1) or 2) and the knowledge anyone publicly can provide is 2) only, everyone is always right a tiny amount of time