/biz/ - Business & Finance

>>53732148
When I got into this, I was sure nothing would come of it, you know? Just like every other venture. But it actually fucking worked. I'm making money in the most effortless way possible. I will probably retire before 23-24, and even after that I will continue to make money off of this. I feel euphoric, holy shit. I don't have any advice to give, nothing to shill, I'm just genuinely thrilled at the prospect of making it.

>>53732148
>I am actually all going to fucking make it
Nice try, bot.

>>53732163
Help a niggy out and send me the GitHub link ;_;

Easy come, easy go, OP. Good luck.

>>53732148
>baby's first bull market?
Don't let the feeling get to your head. Losing it is very easy and quite painful.

>>53732163
I've felt euphoric before, when I was winning at NL200 poker 14 tables at once, and last crypto pump. My advice is to stay humble, don't get greedy, listen to your insticts and don't fly too close to the sun. In the case of poker I would have been rich if I didn't keep trying to move up and play higher limits and instead just grinded NL200 10 hours per day for a few years.
In crypto, if only I had started taking profits when it was good likelihood the market might turn (rough years since last downturn)
Market conditions don't stay the same forever, set plans in place so you Don't Lose Money.

That said, which software tools are you using to program your bot? Which API?

>>53732216
This. Bots work but sometimes it cant sell fast enough.

>>53732148
good for you buddy. milk your edge as much as you can

what are you using tho? is it technical analysis?

I tried this with 3 commas absolutely swindled. I don't need your indicators but what are you running it though if I may?

>>53732172
I have dyslexia :(
>>53732188
Sorry, anon, I want to keep my metaphorical money printer secure. I hope you make it :)
If you want to try and build one of these, the main piece of advice I'd give is that you just need to have it trade not like a person. The main boon of bots is that they have no biases whatsoever (aside from those you code into them), so they tend to outperform humans, even when the parameters coded in are fairly rigid. It really is as simple as "if this happens, buy, if this happens, sell, if this happens, update this."
>>53732196
Thanks anon, I'll be careful.

>>53732248
>It really is as simple as "if this happens, buy, if this happens, sell, if this happens, update this."
Why do you need a bot if you already know the parameters to set? You could just watch the chart and make the trades yourself when your conditions are met.

>>53732226
Are you still grinding out in poker in 2022/2023 or is it dead cause it's dominated by algo and bots?

>>53732248
Thanks for the advice homie, what API did you use? I've been looking into coding my own for a while

>>53732257
humans have stupid biases that make them improperly weigh certain parameters so they can tell themselves what they want to believe. You can be perfect 95% of the time but then not cut your losses when you know you should and lose money. Bots have no such fault.

>>53732302
>>53732226
I use the Binance API, my code is written in Python.

>>53732257
Maybe scalping? So need fast reaction to the spread

>>53732322
Thank you Anon
wgmi

>>53732322
How much have you made so far?

>>53732322
Are you buying spot or using leverage? You will have to figure out a strategy for a bear market. Everything is so easy during a bull market.

>Hes been botting since 23 and thinks it will print him money in the long run

Buddy, enjoy this euphoria because it wont last long. You will be red if you dont stop soon.

>>53732231
This would be your biggest problem. When you miss a stop loss it's game over

>>53732339
Unleveraged, I trust the bot a lot, but definitely not enough to trade with leverage. You're right about needing a new strategy. I might just have to turn this off temporarily if we enter a bear market, I don't think I'm likely to get lightning in a bottle twice.
>>53732338
80k. I've been doing this for about 3 months and started with 30k. It has gone extremely well so far.
>>53732336
I hope everyone ITT makes it :)

Also might want to look into using chatgpt for pinescript or writing trade strategies you come up with. Even as a dev it can ease the burden.

>>53732447
thanku anon I will see if it spits out anything of interest

>>53732366
I'm typing this from my cagie to procrastinate from upcoming release and the fact I can't fucking prepare a working topic for it and the dev that should help me but is overloaded... ok, enough with my personal normie blog.
What place/materials/training a newbie should start from? Is there any chance without programming skills?

>>53732270
No this was 10 years ago, even then the games were becoming tough from bots and general skill-up of all participants. I haven't checked but I am assuming poker is no longer worth it in 2023, between the bots and the polish grinders getting as good as Phil Ivey. The market changed, it always does. There will be new opportunities opening somewhere, in some other arena.

>>53732366
Do you use tradingview web hook for the bot to start trading? Or does your python code works directly with Binance API to open and close the trade?

>>53732366
I mean are you gambling on BSC coins? Because I tried doing it MANUALLY and lost money. Everything's an un-sellable fraud on that chain. Like you buy in the first 5 minutes, and then within 10 minutes you'll realize you're unable to sell.
How do you choose what to invest in?

>>53732502
>Is there any chance without programming skills?
you will code a very poor bot that fails to outperform the market if you attempt this without programming skills
>>53732628
The former

>>53732667
I am not gambling BSC shitcoins, I'm trading alts on Binance. None of the alts are BSC shit p&d coins, if that's what you were wondering.
I'm going to sleep, will answer any more questions when I wake up.

>>53732683
Thank you for honesty, appreciate. Also good luck and hope you make it big.

>>53732714
thanks anon....we are ALL going to make it :)
I'm going to hit the hay now

>>53732366
Thank you. But I just don't see how it's possible to bot profit without luck. I don't see how there's a consistent winning 'formula', because there's always going to be the chance of just losing repeatedly.
Anyway, sleep well and congratulations.

>>53732693
By the way, isn't there a trading fee on every trade that would negate your profit to a certain %? thus making the threshold for success harder to hit

Congrats anon. Just don't get fucked by taxes :)

>>53732693
Also, is it against the TOS to use bots on Binance?

>>53732739
and taxes is a good point! how would you handle those?

>>53732512
All the dumb money dried up. Chris Money maker winning was the golden era. Maybe now its the esports era but I think that's saturated too. The current easy money wave is AI and crypto

>>53732714
Just watch some youtube videos or buy a course on writing a crypto bot with python. You can learn in a day easy. Heaps of resources out there. The hard part is coming up with a trading algorithm, that works and passes backtesting

>>53732810
Thank you fren. Even if it doesn't work out, it just motivates me to learn some python. That's a good enough reason to do a course.

>>53732956
Pythons super fun and easy to learn. Also look into JavaScript if you want more of a challenge

>>53732148
It's not money until you cash out. Your fake internet money gainz is just that. Fake and gay until you cash out. You won't ans you'll lose all the fake money.

>>53732683
nigga wtf, you can't just post all of this and end it by saying this.>>53732683
>you will code a very poor bot that fails to outperform the market if you attempt this without programming skills
what the fuck do I do, use chatgpt or some shit?

>>53732148
Bet you won't post any proof so I'll just say you are wrong without proof

>>53733907
Just use kucoin's trading bots if you have no programming skills

>>53733926
thanks anon, I guess ima go make some hood TA and hope some of the shit I throw sticks to the wall.

>>53732148
Careful OP, all it takes is one unknown variable to completely fuck things up. There's a reason people don't reliably use bots long term. They're actually a lot of work to maintain and update. Good luck though.

>>53733949
there's absolutely no chance some open source trading algorithm that any retard can access is beating the market consistently

bump

>>53734036
grid trading
You need to be 18 to post here.

I dabbled in a python trading bit years ago but never had any funds to play with


Wouldnt use it on binance though due to kyc and potential taxes for every trade, kucoin should sufficient