bot_trading

Hello everyone, I am developing a trading bot that will be capable of following a defined strategy, testing it in simulation, switching to real during winning moments, and switching back to simulation during losing moments.

I am nearing the end of my project and I am looking for 4 very talented people in trading to create 4 bots with your strategies.
Attention, I do not sell the bot. The bot that will make me money will be given to the person who helped me design it.

Hi everyone!
I've developed a trading bot with the following features:
Configurable Trade Settings: You can set the number of trades, the value per trade, and other
parameters.
Strategy Configuration: The bot connects to websockets, retrieves and analyzes data, and makes
trading decisions based on that analysis.
Simulation and Live Modes: Operate in either simulation mode or live trading mode.
Autopilot Mode: It starts in simulation mode, automatically switches to live mode when it enters a
profitable phase, and reverts to simulation mode if it starts losing.
Safety Stop: The bot will completely shut down if a total loss threshold is reached.
What do you think about this bot?
Do you have any ideas for improvements?
What strategy can I implement with such a trading bot?
Thanks in advance!!!

If you are interested in trading in the cryptocurrency market and looking for a way to simplify your buying and selling processes, trading bots on the Binance platform may be the perfect choice for you. Here’s a simple way to use them:

1. What are trading bots?

Trading bots are automated tools that execute trading strategies on your behalf, allowing you to interact with the market more effectively without needing to be present all the time.

In the aftermath of the LIBRA meme coin scandal, where insiders had prior knowledge of the launch mechanics, CertiK, a blockchain security firm, has uncovered a new trend of scammers targeting automated trading bots. CertiK's chief security officer, Kang Li, revealed that some smart contracts are intentionally designed to exploit these bots. These scammers create fake tokens with hidden vulnerabilities that deceive AI-powered bots programmed to detect security risks. The scammers then promote these tokens within the AI trading community, only to pull the rug once they have made a few purchases. Despite the risks involved, some argue that blockchain security is not essential for meme coins and pump-and-dump schemes. However, these scams have caused significant financial losses, with scammers continuously exploiting trading bots without fear of legal repercussions. While technical solutions exist to prevent sniping, loopholes in smart contract design still allow scammers to manipulate the system.

#InfiniHacked #bot_trading #ArtificialInteligence

You can use an automated trading bot on Binance to trade for you while you sleep or are away from your mobile. However, while trading bots offer convenience and potential profits, they also come with risks that you should consider before relying on them.

Potential Benefits of a Binance Trading Bot

✅ 24/7 Trading – The bot can trade non-stop, even when you're offline.

✅ Emotion-Free Trading – Eliminates human emotions like fear and greed.

✅ Speed & Efficiency – Executes trades instantly based on preset strategies.

✅ Backtesting & Automation – Allows strategy testing before real trading.

Risks of Using a Binance Trading Bot

1️⃣ Market Risks
Crypto prices are volatile; bots can suffer losses in unpredictable market conditions.If the market crashes suddenly, the bot might not react fast enough

2️⃣ Wrong Strategy Risks
A poorly configured bot can keep buying at high prices and selling at low prices, leading to losses.Bots follow preset rules; if the strategy is bad, the bot will keep making bad trades.

3️⃣ API & Security Risks
Bots use API keys to access your Binance account. If the API key is hacked, your funds could be at risk.Avoid giving withdrawal permissions to the bot to prevent potential losses from hacking.

4️⃣ Exchange Risks
Binance or any exchange could experience downtime, preventing the bot from executing trades.Sudden changes in Binance policies could impact bot functionality.

5️⃣ Leverage & Liquidation Risks (For Futures Trading Bots)
Using leverage increases potential profits but also increases risk.If the bot uses high leverage, your account can be liquidated (losing all funds in a trade).

6️⃣ Scams & Fake Bots
Many fake bot services promise guaranteed profits but are scams.Always use reputable bots like Binance’s built-in bots, 3Commas, Pionex, or CryptoHopper.

How to Reduce Risks When Using a Trading Bot

✔ Start with a demo account or small investment – Don’t risk large amounts immediately.

✔ Use stop-loss settings – This prevents excessive losses.

✔ Monitor bot performance regularly – Don’t leave it completely unattended.

✔ Choose a well-reviewed bot – Avoid scams and use only trusted services.

✔ Don’t use excessive leverage – If using a futures bot, keep leverage low.

Final Verdict: Is Using a Binance Bot Worth It?

A bot can make profits while you sleep, but it’s not a "set and forget" solution. If you use the right strategy, manage risk, and monitor performance, bots can be helpful. However, there is no guarantee of profit, and there’s always a risk of loss, just like manual trading.

Would you like recommendations on specific bots for spot or futures trading?

This isn't Effortless work which we do for you buddy to spread knowledge about Trading
#bot_trading
So must Follow @candlecracker and show support by reposting the post with humble comment. Like if you got it helpfull.
$BTC
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Top 5 Mistakes Traders Make with Grid Bots
#tradingbot #bot_trading #AutomatedInvesting #gridbottrading #gridbot
Grid trading bots have become a game-changer for crypto traders looking to automate their strategies. By executing buy and sell orders at predetermined price intervals, they help traders take advantage of market fluctuations. However, many traders make costly mistakes that reduce profits—or worse, lead to unexpected losses.
In this article, we’ll cover the Top 5 Mistakes Traders Make with Grid Bots and how to optimize their performance for better results.
1. Setting the Grid Spacing Too Small or Too Large
The Problem:
Grid trading relies on predefined price intervals for placing orders. If the grid spacing is too small, excessive trades may result in high fees. If it's too large, fewer trades execute, leading to missed opportunities.
The Fix:
A well-balanced grid spacing ensures frequent trades without excessive costs. Some platforms, like MyITS, offer optimized grid settings based on historical data, making it easier for traders to avoid costly mistakes.

2. Ignoring Market Conditions
The Problem:
Grid bots perform best in sideways or moderately volatile markets. If the market trends strongly in one direction, the bot may get stuck holding assets at a loss.
The Fix:
Before setting up a grid bot, assess the market trend. Some platforms now incorporate market analysis tools to help traders select an optimal strategy based on real-time conditions, reducing the risk of running an ineffective grid.

3. Not Accounting for Trading Fees
The Problem:
Every buy and sell order incurs trading fees. Over time, these fees can significantly reduce profits, especially when the bot executes a high volume of trades.
The Fix:
Choosing an exchange with competitive fees or using VIP trading tiers can help reduce costs. Some automated trading platforms also integrate fee-optimized strategies to enhance profitability.

4. Using the Wrong Trading Pair
The Problem:
Not all trading pairs are ideal for grid trading. Low-liquidity pairs can result in high slippage, while highly volatile pairs may cause unexpected losses.
The Fix:
Traders should focus on liquid pairs with moderate volatility to ensure smooth execution and stable profits. Some bot platforms even provide automated pair selection, analyzing market trends to suggest suitable pairs for grid trading.
5. Forgetting to Monitor Performance
The Problem:
While grid bots automate trading, they are not entirely "set and forget." Market conditions can shift, causing an unattended bot to perform poorly or even incur losses.
The Fix:
Traders should focus on liquid pairs with moderate volatility to ensure smooth execution and stable profits. Some bot platforms, such as MyITS, provide automated pair selection, helping traders optimize their trading strategies with minimal effort.

How Automation is Making Grid Trading Easier
With the rise of intelligent trading solutions, grid trading is becoming more accessible to traders of all levels. Platforms like MyITS are simplifying the process by offering:
✅ Pre-optimized grid settings for improved efficiency
✅ Automated strategy selection based on real-time market analysis
✅ User-friendly dashboards for seamless trade monitoring
These features help traders avoid common pitfalls and make the most of grid trading strategies.

Final Thoughts
Grid trading bots can be a powerful tool when used correctly. By avoiding these common mistakes and leveraging platforms that offer optimized trading strategies, real-time analytics, and automated risk management, traders can improve their profitability and reduce unnecessary risks.
Do you use a grid trading bot? What strategies have worked best for you? Share your thoughts in the comments!
Disclaimer:
Cryptocurrency trading involves risk, and past performance is not indicative of future results. Always conduct your own research and trade responsibly. Automated tools can assist in trading but do not guarantee profits.

Reply to Sasha

Market Swing Amplitude: The more the market swings within your range, the more profit the bot can make.
Grid Size: The more orders, the more trading opportunities there are. However, if there are too many orders in the grid, sometimes a situation arises where the orders are not triggered often enough to generate significant profits.