4 - No Promotion / Linking / Mentioning of your Social Media (IG, FB, Twitter, etc.) Accounts Doing so risks your brand being blacklisted by our spam filters.Īny promotional activity will result in a ban. 3 - No Promotional Activity or Advertisementsĭo not self promote here. This is a zero tolerance rule, and you risk a perma-ban for not following it. If you want to post your own content here, you can do so using Reddit Video embeds, so long as the video does not include mentions of external sites (calling out your social media / YouTube accounts.)
Autobot trading how to#
This includes direct links, and recommendations to watch a video, or a description of how to get to the video ("look up so-and-so on youtube, thank me later") Posts to video sites, including YouTube, are barred. 2 - No external links or mentions to video sites (YouTube, etc.) Videos must use Reddit Video embeds. This is a zero tolerance rules, and will result in a perma-ban without the option to appeal. No posts promoting your 3rd party trader group or chatroom. No attempts to take the discussion off the subreddit are allowed (via PM, 3rd party chatroom, etc.) Backtesting can be carried out either manually or automatically.Home hot new top chat PLEASE READ THE WIKI/FAQ BEFORE POSTING ANY QUESTIONS THE WIKI AND THE FAQ Hall of Fame Threads (really good education within) Live Trading Chat Subreddit Rules: 1 - No off-subreddit discussion (soliciting for DMs,) or promotion of your trader group or chatroom.Ĭomments must be related to the question. An effective backtesting method takes a lot of data into consideration to show you the result of your trading strategy.
Autobot trading series#
Inadequate Backtestingīacktesting requires you to test your data through a series of trades from the past. The strategy you should use should result from backtesting, as changing to a strategy you have not properly backtested is always a bad decision. As much as you may be required to adjust your strategy to meet changing market conditions, you won't be successful in trading if you always have to tweak your strategy after a series of losing trades.Ĭonsistently tweaking your bot will only render it ineffective. There is a thin line between this and the previous point. Market conditions change, and the strategy programmed into your crypto trading bot may not be effective.
A strategy that has worked consistently well does not mean it will continue to give such results in the future. In crypto, past results do not guarantee future returns in trading. Crypto trading bots don't always perform as expected, which can lead to losses. Trading bots don't sleep and can help you execute trades even when you are not actively trading.ĥ Reasons Why Your Crypto Bot May Not Work Traders employ bots to make sure that they make the most of trading opportunities. However, sitting down to trade for as long as the market is open is impossible, making it certain that you will miss out on trade opportunities. The market is open 24/7, and numerous trade opportunities that fit your trading strategy can appear anytime. It does what it is programmed to do, so many traders use trading bots to take away the effect of emotions from their trades. They make decisions out of fear, greed, and doubt.Ī crypto trading bot doesn't have emotion. Many traders are driven by their emotions and make impulsive trades. To Remove EmotionĪside from having a reliable trading strategy, one thing that makes many traders consistently lose money is unmastered trading psychology. The following are some reasons traders prefer to trade using a crypto bot.
4 Reasons Crypto Traders Prefer Using Bots
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