The bot versus the human.

Previously posted on https://www.publish0x.com/?a=46dBr8Dod7

Good morning/evening.
 
You may be aware that my husband and I have been trying to learn to trade and as we still have a lot to learn we thought we would try a couple of the bot's on Kucoin while we are learning. 
 
Before you start using these bots though you need to work out which bot is best for the market conditions and then pick the right token too. Make sure you understand how the bot works as there are a few to choose from with different strategies. You will also need to keep an eye on it, it is not just set it and leave it.
 
With some of the bots you only need as little as $10 to start trading and there are no fees for using the bot. You can have a maximum of 10 bots running on one account.
 
We started with an AI trend bot, this bot works better when the market is in an up trend and is not as good when things get volatile.
 
We currently are running STAX, WAXL, JITO and BONK (We were late to the BONK party but technically early as I was doing tasks to earn BONK a long time ago and gave up!)
 
 
 
 
 
 
 
As you can see the BONK bot is the best performer at the moment closely followed by STAX. WAXL not great and JITO well that picture says it all but overall I don't think that is too bad.
 
As of yet, setting take-profit and stop-loss levels with this bot is not supported.
 
Compared to my efforts at trading currently, the bots are doing well. I had a small leveridge position on BTC long for the ETF news (the actual real approval) whenever I went to bed I missed the peaks but I was raising up my stop loss as it went up so not a great loss. Our LINK trade is currently just about ok but I think that will be fine. It looks as though the bots are performing better than me!
 
I have also used the DCA bot to buy ETH (have stopped that one now) partly so I forget I am buying it, I just have no interest in ETH.
 
As for the other bots available on Kucoin you have-:
 

Spot Grid Bot — This bot is designed for spot trading on KuCoin. It uses a grid trading strategy, which involves placing buy and sell orders at regular intervals on both sides of the current market price. The bot is customizable, allowing users to set their own grid range and order sizes. This bot is best suited for investors who want to take advantage of short-term price movements in volatile markets. The Spot Grid Bot is different from other grid trading bots in that it is capable of setting limit orders to buy at a lower price and sell at a higher price simultaneously.
Futures Grid Bot — Similar to the Spot Grid Bot, this bot is designed for Futures trading on KuCoin. It uses a grid trading strategy to place buy and sell orders at regular intervals, with the goal of taking advantage of price movements and generating profits in both up and down markets. The Futures Grid Bot is ideal for investors who want to capitalize on the volatility of futures markets. It is also customizable, allowing users to set their own grid range and order sizes.
Martingale Bot — This bot is designed to help investors recover from losses by increasing the size of their trades after each loss. This strategy is based on the idea that a winning trade will eventually occur and will be large enough to cover the previous losses. However, it can also be risky if the market continues to move against the investor. The Martingale Bot is best suited for investors who are comfortable with a higher level of risk and want to take advantage of potential market trends.
Infinity Grid Bot — This bot uses a variation of the grid trading strategy, in which orders are placed in a zigzag pattern across a wide price range. This can help investors take advantage of long-term price trends and potentially generate profits in a wide range of market conditions. The Infinity Grid Bot is customizable, allowing users to set their own grid range and order sizes. This bot is ideal for investors who want to take a longer-term view and build positions over time.
Smart Rebalance Bot — This bot is designed to help investors rebalance their portfolios automatically, based on their desired asset allocation. It can help investors maintain a diversified portfolio and avoid overexposure to any particular asset. The Smart Rebalance Bot is ideal for investors who want to take a hands-off approach to portfolio management and let the bot do the work.
DCA Bot - The Dollar-Cost Are regularly aligned to help investors gradually accumulate a position in a particular asset over time, by making regular purchases at fixed intervals. This can help investors avoid the temptation to buy or sell based on short-term market fluctuations and instead focus on their long-term investment goals. The DCA Bot is best suited for investors who want to take a disciplined approach to investing and avoid the emotional ups and downs of the market.
DualFutures AI Bot — DualFutures AI Bot is an AI quantitative strategy for futures trading. It can help traders who want to earn high risk rewards through futures trading, but do not know how to trade futures themselves. You only need to invest funds and start the bot, and it can automatically open and close positions according to specific trading signals. It is especially suitable for making profits in rebounds and pullbacks. Since the strategy requires triggering trade signals in specific markets, you can run it long-term for overall better returns.

 
There are small videos on Kucoin on how to set up these bots.
 
As always, thank you for reading and feel free to comment.

Image by Mohamed Hassan from Pixabay