Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 4 of 4

    Thread: Is using a trading bot cheating?

    1. #1 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      703
      Thanks
      60
      Thanked 84 Times in 58 Posts
      SubscribeSubscribe
      1

      Is using a trading bot cheating?

      I am thinking about it for a while now. I know that trading bots are not illegal. However, if we use it, that means a machine is doing the trades for us. So I was thinking if it could be considered a form of cheating.

      What do you think about this?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #2 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 244 Times in 153 Posts
      SubscribeSubscribe
      1
      No, I won't consider it as a form of cheating because there's no guarantee that you would make a lot of money.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #3 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 94 Times in 84 Posts
      SubscribeSubscribe
      0
      Not at all. If your exchange site or broker allows the use of it, then there should be no issue of cheating. :)

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #4 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 95 Times in 82 Posts
      SubscribeSubscribe
      0
      In my opinion, it is not cheating. Although it's computer-programmed and supposed to be an intelligent bot, it could still incorrectly read the Bitcoin movement given its volatility.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •