Understand the Market First, Then Use AI Bots as Helpers

I've been noticing quite a few discussions about trading bots as partners, and after giving a few a shot, here's what I think: 1. You really need to know the market well. Bots are just tools the data you feed them decides their results. 2. Use them for confirming your biases, not as the only signals to follow. 3. They work best as support tools. Bots can quickly gather info and summarize analysis that could take you ages to dig into on your own. 4. There's a bunch of them out there, but in my experience, GetAgent is pretty user-friendly and lays everything out nicely. If any of you have tried AI bots, I'd love to hear about your experiences. I'm planning to use one for the Onchain Competition 25 coming up and will post my results later with screenshots, profits, and all that.

Who sponsored this competition? I’m just curious, if you’re using an AI bot and your competitors are also using one, how would that even give you an advantage? Honestly, I’ve never tried using an AI bot for trading because I don’t think it really helps. It just feels like hype, like they’re saying it makes trading easy. But are there actually people who became profitable using it? I haven’t really heard of any big names.

What kind of AI bots are you talking about? Are they accurate in giving you decent profit in the trading activity you're mentioning? Because if you're going to say yes, you'd be the first person I'd know who's becoming profitable when it comes to AI trading bots. Because I've been here for quite a while now, but I haven't seen even one person who has truly gotten 100% earnings from their trading skills. So if you're profitable with what you're saying, maybe you could share it here so we could try it too.

You will still need to setup the price range the bot will trade and the strategy which the AI bot will use on your trade. Technically, you are still the one giving the command on how the bot will trade. The bot will just automate your trade and do it like you are trading live depending on the price movement. It’s a good tool but as he said you will still need a good understanding on the market.

I'm curious if the term "AI bot" here can execute algorithms/automation, eliminating the need for manual execution, as in the original question about "trading bots." These are two different things. If it's just a question-and-answer bot, I think all chatbots can do that with their own biased confirmation. It just depends on your preference. If you want to be transparent about whether you're actually trading or just shilling an AI brand everywhere, share here every time you open a position and the SL/TP settings.

What about you yourself, have you used the Al robot that you mean in crypto trading, if not maybe you can use it, we already used it before you knew about Al Bot, but earn nothing in trading in crypto market. If what you say 1 to 4 shows here, we want to see, whether you are really successful in using Al or otherwise what nonsense you get, Al is not for use in crypto trading, you can use Al for high-level fantasies, like people do in video editing, photos are possible, but not for trading.

Everything isn't as easy as it seems, including using AI bots. We still need a deep understanding of analysis to use them. Bots are still like automated machines that we still need to manage to ensure they work and achieve the desired results. If we don't understand how to operate and manage them, the results will still be poor, even with the support of artificial intelligence. I don't know what kind of AI bot he'll use. But if he's referring to a Grid Bot that's been upgraded with an AI system, then it's certainly a good tool. However, it sometimes requires proper monitoring and setup. Ultimately, we still need to analyze the market first.

This clearly unveils that you are here to promote some upcoming event or affiliated with bot providers? I am not going to say that you will share fabricated screenshots of results but how anyone could verify them? Like how we could do in MT4 planforms with investors mode or something. When no one could cross check your results, honestly I am not interested about what you are going to share or about the how a bot performed under your tune up. All the above, I never believed into any completions of exchanges or casinos due to the chances of manipulation with inside people. When there would be zero transparency, staying away or just not at all bothering would help a lot as per what I have learned by participating in competitions.

If you want to know the market and deal with it properly, why not use your own acquired knowledge and learned experiences from the early traders? That will give you better trading outcome, compared to using AI bots where some of it are not guaranteed accurate.  And if you keep reading from the post of other forum members, they don't suggest using AI bots, simply because its not made us to make us profitable in the long run. And early traders can actually prove that. Stick to your own trading knowledge and skills instead.

I'd share some ss of the trades I've made using AI, like I said you needed to have a technical analysis knowledge before, this $useless token trade i took was similar. I noticed hype online, asked GetAgent to suggest a safe entry and I refined it using my knowledge. To your question, it's a Big onchain competition and it's not a must to use ai assistance, I'm just suggesting it could be good . Hey man, I'm sure we all learn everyday and see different concepts.. maybe just maybe the trading assistance you used was outdated or you didn't know knowledge of TA in trading . I just shared a ss above of a recent trade using AI.. you may want to check it out.

First of all,Let's be clear that AI bots are assistance not a fortune teller.This shows that before you intend on any trade you must have had a clear picture, understanding,direction for what you want to achieve before AI comes in.Although the best results usually comes from combining human knowledge and AI analysis,but not a complete reliance on AI.You need to learn and understand the market fundamentals before you tailor AI analysis to your goals.

AI trading bots are not to be taken as a frontier in anyone's trading decisions, it should be used to clear up your analysis, to assist your analysis of the market, and probably give you some areas to look out for before jumping in. I have seen several trading bots, but I don't really feel satisfied using them for my trades, as I'm not sure how accurate they could be. Though, I haven't used any, but knowing your way around the market and trading style based on past experience will give a better edge over the bots.

If there is any trader here who already uses these sort of bots or is considering them, just be careful not to build dependency on them because that can ruin your trading journey. I feel that is the biggest challenge this poses, where a trader that can actually do well with the knowledge they have and can develop start shifting slowly towards dependency on bots. There are many traders who still follow the traditional style of doing things, developing and sharpening their knowledge and not looking for bots to use, and they are still very successful in the market, you can be one as well.

For instance,AI generated insights doesn't know the market which can produce inaccurate or inappropriate results.Knowing the market is human intelligence, combining human intelligence and AI assistance is a collaborative efforts giving the best results from both ends.I believe the most successful traders used AI this way.

I have not really used AI to trade, but I am sure it will not give 100 percent, and another thing is that when the market falls under an unexpected situation, what decision does it make? So these are some of the setbacks that come when you want to use AI to trade, and in some aspects, it is working pretty well, because if you are using AI to trade, it does not guarantee that you won't lose money. After all, if it was designed that way, then it would have affected the whole system, so for those who decide to make use of it, they should go ahead. And there are good things about using it because AI does not have emotions and and when it comes to analyzing the market, they will do it faster, but even with all this, I think it is still better to rely on myself than to use an AI to trade.

I don't know too well of GetAgent but I know that trading bots are merely a command instrument that can aid your trade and like you said, they are assistant and you must have to understand the market. If you don't understand TA of the market then it will be difficult to analyse and give command to the bot to act on your behalf. However, you sound certain of your AI trading assistant and I hope your screenshot will be beneficial to learn at the time you put your performance up here.

Just like you, i have also been seeing quite a lot of posts about AI trading assistants. That said, is it a coincidence that these posts have been made mostly by B**get shills advertising GetAgent. Is it also a coincidence that GetAgent is an AI assistant developed by B**get and is integrated into the exchange. So i guess this post isn't really about AI trading assistants, just like the other similar posts, but just about advertising your employers products in the forum. Great.

It may not be an intentional advert for Bitget, but it hammers on the advancement and breakthrough of AI trading assistance in the trading market as a tool for better returns, if one does know how to apply it properly. I have also seen a similar advert for pocket option with the launch of their own pocket trading bot for efficiency during trading and these are the most anticipated times for more trading platforms to launch theirs too. A real trader should have known the basics and foundation of trading before even thinking of using trading bots and AI trading assistance tools for any trading activities, let alone taking about using it to enter a trading competition hoping to be very successful.

If you earnestly want to learn trading and gain clear understanding of the market, then you don't need to learn from other trading tools, but focus on yourself and optimize learning on your own. That is the best way for you to maximize your trading potentials, your skills on interpreting market chart and trends, and the best way to develop your own strategies in trading that you think will suit perfectly on your trading style. You don't need to rely from others, or any AI bots. Stick on your trading abilities and potentials.

I appreciate the fact that there are traders who have gained advantage from using AI trading bots, but know also that AI does not work for some traders. They don't need AI for their trading journey, but they need learning experiences coming from real traders in the market. That is why before you jump into trading and envision yourself to be profitable, learn first from the early professionals and masters in trading. Their valid experiences will contribute to the outcome of your trades, so never ignore their trading advices and suggestions, but prioritize them rather than trusting AI bots.