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 10 of 15

    Thread: Can you use a Bot to place a buy order

    1. #1 Collapse post
      Juskopo is offline
      Banned Juskopo's Avatar
      Join Date
      Jan 2018
      Posts
      627
      Thanks
      0
      Thanked 14 Times in 7 Posts

      Can you use a Bot to place a buy order

      Can you use a Bot to place a buy order?

      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
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      908
      Thanks
      43
      Thanked 69 Times in 72 Posts
      SubscribeSubscribe
      0
      Yes. That is how trading bots work. They can place a buy or sell order in behalf of the client. However, not all brokers allow its use.

      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. The Following 2 Users Say Thank You to Sendo12 For This Useful Post:

      Unregistered (2 )

    4. #3 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,956
      Thanks
      6
      Thanked 142 Times in 117 Posts
      SubscribeSubscribe
      1
      Trading bots know how to place a buy order. They are created for that. Frequently monitor your trading activities to check the performance of your bots.

      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.


    5. The Following 2 Users Say Thank You to AbdulShiek For This Useful Post:

      Unregistered (2 )

    6. #4 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 140 Times in 119 Posts
      SubscribeSubscribe
      2
      I think trading bots can sometimes handle the stop loss effectively. But, I prefer manual trading, because it is safer than the bots.

      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.


    7. The Following 2 Users Say Thank You to Newbie_trader For This Useful Post:

      Unregistered (2 )

    8. #5 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,037
      Thanks
      7
      Thanked 151 Times in 131 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by Newbie_trader View Post
      I think trading bots can sometimes handle the stop loss effectively. But, I prefer manual trading, because it is safer than the bots.
      I like trading bots. It helps me a lot when I can't think clearly about the market condition.

      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.


    9. #6 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,956
      Thanks
      6
      Thanked 142 Times in 117 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Newbie_trader View Post
      I think trading bots can sometimes handle the stop loss effectively. But, I prefer manual trading, because it is safer than the bots.
      It can handle the stop loss. The only problem with trading bots is it has limited features. It won't work all day.

      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.


    10. #7 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 140 Times in 119 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      It can handle the stop loss. The only problem with trading bots is it has limited features. It won't work all day.
      Bots are more effective in short-term handling. It won't work whole day.

      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.


    11. #8 Collapse post
      Trader_Rob is offline
      Senior Member Trader_Rob's Avatar
      Join Date
      Oct 2018
      Posts
      704
      Thanks
      60
      Thanked 54 Times in 46 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Newbie_trader View Post
      Bots are more effective in short-term handling. It won't work whole day.
      This is what I have observed with trading bots as well. They could only be helpful in short-term uses but in the long run, it won't really be much of a help.

      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.


    12. #9 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,956
      Thanks
      6
      Thanked 142 Times in 117 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Trader_Rob View Post
      This is what I have observed with trading bots as well. They could only be helpful in short-term uses but in the long run, it won't really be much of a help.
      That's the reason why I didn't prolong my subscription in my trading bots. I stopped after I noticed that it didn't work all day.

      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.


    13. #10 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 140 Times in 119 Posts
      SubscribeSubscribe
      2
      I think the number of people using trading bots will plunge because people are staying at home. Traders have time to manage their own account. Many countries imposed lockdown. People cannot go out unless for essential services.

      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
    •