Anyone here actually made money with trading bots? I keep seeing kids on telegram using them everywhere and I'm curious if theyre legit or just scams with fancy dashboard. Are you guys running your own bots or using some service?
Do you unironically believe they work? And that if they do, someone would just share this information with you? Don't be dumb.
>>60996482I think they might idk. But most likely some payed ones if at all
>>60996482This. You'd think that 4chan, which tends to attracts cynics and misanthropes, wouldn't have gullible faggots who fails to ask questions like "If it works to make money, why are they selling it to make money instead of just making money with it?"
>>60996552>failsfail*esl moment
>>60996552>tends to attractsholy fuck, I give upback to gook chan for me
>>60996424idk but theres few floating around, some decent some trash, bonkbot io, trojan com, photon, solsticebot com are alright, the good ones are invite only
>>60996517fucking hell, are people this retarded? You are the product you fucking goy cattle. Fine go ahead buy it. Those scammers deserve your money at this point.
>>60996602how do i use this shit
>>60996557>>60996561Ping pongBing bong
>>60996424 i missed out on some juicy shit because i didnt have a bot
>>60996424I’m trying to build my own bc I don’t trust anyone else. It’s not easy. Holy fuck I’m tired of debugging. But it’s been a great learning experience. I didn’t know shit about coding, vs studio, terminal, or sql before I started.
>>60996424>Anyone here actually made money with trading bots?Only if you make your own. And they won't work in all kinds of markets, only certain situations. Imagine thinking you have a chance against DeepSeek style studios that give away their unused compute power now that their AI got them rich.
I've used them before. I had it trading $2,000 and I made enough money to buy beer and energy drinks every week. Wasn't really worth it honestly
>>60996424I had a few on tradingview. One I made myself. 99% of them are the 2:1 ratios. They will trigger buys and sells on every signal and you will just statistically come out ahead. You miss huge jumps but also huge dips so it ends up just being a form of DCA. I had one run with like $200 and it made a few bucks at the end of the month. But honestly, me just sitting down and trading I made more in a day.
>>60997342better than nothing lol
>>60997365yea but like even if you make lets say 5% per month then this will come out as better place to store your money than smp500 or some shit like that
>>60996602imma try out this one, it seems most promising lmao
>>60997401Its just statistics. If you let it run for a month you might be up %5, next month down 3%, next up 6. By the end of the year you will have preformed about as well as the sp. It's more or less ETF's just someone else runs the bot with those. Good luck tho, as the other anon said, you will have to find one built for a specific market in specific conditions. I can show you several bots that lost money being used wrong.
I think there’s not many strategies that actually need more trades to be more profitable. Generally people building bots I find are just CS people that think trading is like bitcoin mining where more computer = more profit. If you can create a profitable model it matters very little whether it’s you or a computer executing that model. Really best reason to make a bot is what this anon said, >>60996952, it makes you better at coding which can help with modeling and parsing financial data
>>60997460This. I went through about 3 prebuilt ones before I had to break down and use a.i. to help code one based on my methods and strategies. Now its just a really good way to test if my models are shit or not.
>>60996517The answer is NO, because to make a profitable bot is such a pain in the ass, it is a work of not months but years of trial and error, and once you make it, you realize it is basically a money printing machine, why would you ever sell or rent a money printing machine? It is better to open your own fund and become rich from commission.I'm nearly 5 years into this "trading bot project" and only a month ago i started seeing promising results. If i somehow make a profitable bot, do you think i will give it away? the ANSWER IS NO.The bot adapts itself since it is an AI bot, i theoretically don't have to touch a single parameter, it will evolve to adapt to the current market conditions.
>>60997702Those are live trades btw.I'm trading 24 pairs that i selected carefully in order to get some alpha. But virtually, with my current computer i can scale this up to 240 pairs simultaneously.
>giving a bot your wallet keyspeople make money by taking advantage of desperation
this pos just drained me
>>60997460Technically a bot could be monitoring prices 24/7 which is an advantage over you
>>60996602mother fucker
can i get a retard of the day award?but why did it drain only Sol and sol tokens and doesn't touch Ethereum shit
>>60997764Yeah but you don’t need to give it authority to trade directly on your account. If a proprietary personalized price bot works for you I’m not knocking it, but I would say 95% of people interested in “trading bots” I meet are thinking something along the lines of a magic AI that you feed seed capital and it makes you a millionaire in return
>>60997762>>60997771>>60997793Ecks Dee how much did you lose anon
>>609978115 sol, not a big deal but after all these years i should of been smarter
>>60997811basically it changed the account ownership to something not "system program" Or does that what happens when you connect to solsticebot website and moneys go in to there? The website keeps telling me my wallet is not meet the requirements and i need to connect another one..Should I try one with 50 Sol ?
>>60997702Fuck I’ve been working on mine for a couple of months and yeah it’s starting to sink in that this might take a year or more to actually be worth a damn. Oh well I guess. I did need a hobby…
>>60997757>what is a .env?
>>60997841>I just lost $1k should I lose $10k?
>>60997841>Should I try with 50 sol?Are you trying to do what every scam tries to make you do rn?The sports betting sites that tells you to deposit a little more to bypass their checks, and then when you inspect the code with F12 because the scammers are genuinly braindead, you see that there is in fact no way you will ever get your money back>>60996424I have a shitty one that isnt supposed to make a profit, but its claiming that it is, so who knows. I agree with anons that say anyone that shares their bot is a scammer, you dont get Alpha by telling everyone your strategy
>>60998077at the end its greed ofcourse
>>60998088Can you help put my anxiety to rest and verify for me solsticebot com is genuine scam and not me retadedly not able to connect properly. I wouldnt want you to connect anything to it, but i think you would be able to tell if the website screams SCAM to smart anon likje you... also finally jennies made captcha decent and legible , its a good thing
>>60998061OFC my 5 years into this are not some kind of a law. You can get there into way less time, but you have to be really knowledgeable on statistics, data science and maths to progress smoothly. I wasted way too much time because i got gaslight by my lack of knowledge on calculus and statistics.Well, that said, i can safely say to everyone on this thread: I can safely say that a 100% of the bots you see promoted online are scams or crap without any real alpha, it is just THAT hard to make a consistent bot that yields you juicy profits.
>>60998108I am sorry anon, its better to quit while you are early in and you only lost $1k, I am afraid I dont have any expertise when it comes to stuff like this, I am just parroting what I have seen from youtube
>>60996424Just fair warning, I tried to find a bot/algo trading community and I found nothing but scammers, even the guy here on biz has been banned at least twice by jannies while trying to cheeze people with a obvious scam
>>60998145Of course anon, fuck them low lives. I aint clicking that shit was my motto all this years and i dont know what got in to me today... good it is just 1k
>>60998205Happens to anyone honestly
>>60998136Ok so that means I’ll probably take ten years because I am stupid as fuck and don’t know anything.
>>60998061Took me a few days to realize it wouldn’t happen over night. Claude was great but the hard limits set in and I couldn’t finish. ChatGPT is like playing whack-a-mile if you don’t have specific techniques for keeping it on track
Update: This is looking good, but the real deal will be when the whales start pumping or dumping hard. The entry positioning can be fine tunned to be even more precise, but in the great scheme of things, all my model entries makes sense from a TA PoV.
>>60997460If you have good callers/good group that averages a profit a bot would allow you to catch calls 24/7 and take the emotion out of the trading
>>60999540I paid for Claude premium. It is better than ChatGPT or grok, but it will still fuck everything up if you don’t stay on top of it about shit like method naming, database naming/schema, and general architecture. Like mistakes that make you want to rip your hair out. Catastrophic mistakes.
>>60996424You're not going to do better than quants
>>60996561Your English is quite good. I understood you perfectly. Moreover, the fact that you’re identifying your mistakes — and fairly subtle ones — is very promising. English is not only a practical language to learn, it’s very eloquent and elucidating. Our language is so expressive and embodies such vast capabilities, I feel blessed to be a native speaker. A great language allows you to develop ideas in ways you otherwise couldn’t. Congrats on your decision to learn it. I wish our own people cared as much about the proper use and utilization of our amazing language. Instead, most find ways to bastardize or butcher it.
>>60996557>>60996561Your post was fine bro chill out
>>60996424I've written a few arbitrage bots to take advantage of obvious price differences that occurred during volatility on specific pairs, some exchanges would get 5% price differences between each other for 5-10 minutes until things settled down. The only limit was how much liquidity there was. There usually wasn't much, most days was $0, but some lucky days it would be $100-$200. The only risk was your own coding error and holding 4figs in the coins you were arbitraging since they could drop in value, but they were coins I wanted to hold anyway.It works for a time until the arbitrage inevitably dries up when more sophisticated bots take over or the reason for the price differences disappears.I wish I could join or observe a cracked dev that does shit like this fulltime, feel like it would be fun to learn about how they work, how they get latency down, and what strategies they implement.
>>61000747>how they get latency downRent a server that has low latency with the broker datacenter such as google cloud, azure, huawei, AWS. I messed with arbitrage for a while (6 months), and if you count into the equation the server rental costs, transaction commission, etc, etc -- it can become really messy to get consistent profit. Also, it is way harder to become consistent at arbitrage since you are directly competing for the VERY SAME target at the same time against thousands of other people that want to profit from the market inefficiencies.But as far as i know, if you want to reduce your time to the minimum possible (realistically speaking for average joes), you have to rent nodes with low latency near the brokers datacenter, communicate the nodes using a private connection, and compile your logic code so it runs faster. For python, you can compile it into a Cython file. For the networking part, that's why you must use a cloud provider, so you can leverage their intranet (less jumps) to get some edge, but that will incur into permanent costs, obviously.Good luck, if you find a way of becoming consistent at arbitrage, i would love to read a thread about it, since i couldn't.
>>60996424i doubt any service offers anything worthwhile. maybe it will win for a while under a certain regime, and then suddenly it won't and your profit will get drained
>>61002037Renting a server makes sense, but certainly out of my budget unless I knew it was going to be profitable.In my experience for us little guys I've only been successful going after low hanging fruit, lower liquidity exchanges where these big players don't have eyes or a much smaller presence, where the arbitrage opportunity isn't immediately gobbled up by bots because they don't keep enough capital on the exchange to make it worthwhile. It's increasingly hard to find these opportunities though.I remember reading about how SBF made his fortune from the massive arbitrage opportunity on korean exchanges for BTC. I remember seeing that opportunity at the time and trying to work out how I could get money in and do the arbitrage myself, but I couldn't get onto korean exchanges without korean citizenship. idk maybe his story is bullshit to cover for criminality, but the fact that arbitrage existed for some people really annoyed me at how much free millions it would be and I couldn't even get close.idk maybe I would be better off spending time trying to learn how to frontrun trades on dexes, it seems crazy to me that some people have been successful at all with them since it seems risky to pay all the extra fees to front run them and you might not actually be executed before the transaction. Or the transaction might just randomly fail, idk sol has been a piece of shit to work with in my experience.
>>60997387Not really
>>61002126>frontrun trades on dexesI know the concept, but never bothered with it tbf, it would be great to have an opinion of someone that tried frontrunning large transactions on dexes.
