Catbot - auto trader
- Thread starter AeroDynam
- Start date
- Mar 21, 2013
- 24,772
- 31,557
I don't know about that specific software but all bots depend essentially on the strategy algorithms. That's where they can make or lose money. The software itself is usually just an interface to an API. The logic of when to buy and sell is normally sold separately. In most cases it's not even sold, traders just use their secret sauce.
yherrliche
Senior Member
- Oct 20, 2015
- 996
- 870
My rule of thumb is : if its available to me, then it's not worth it. An auto trader that is worth it would be sold to big banks and financial companies and would be a massive thing. Not sold randomly on a website to bob and joe.
But maybe I'm wrong.
But maybe I'm wrong.
bigboyporax
Regular Member
- Apr 13, 2019
- 404
- 160
be very careful of brokers that promote robots. After 7 years in the industry. I found very little helpful algorithms . Some others just burn down your account faster.
blue_knight
Junior Member
- Jan 19, 2020
- 182
- 58
If it sounds too good to be true, it most likely is: nobody will sell you a profitable robot.
Mr.Sinatra
Regular Member
- Jul 7, 2015
- 429
- 192
It is amazing how everybody here gives a valuable lesson.
Listen to every reply and learn from it.
If it is available to bob and joe you should stay away.
If it was profitable why bother sell it ?
Cheers
Listen to every reply and learn from it.
If it is available to bob and joe you should stay away.
If it was profitable why bother sell it ?
Cheers