Not exact matches
Unregulated digital entities, created by just about anyone out of nothing, that assume some value denominated in fiat currency simple
because they're being
traded between anonymous people or
bots whose only desire is to make prices go up, on unregulated opaque exchanges where everyone thinks price manipulation is good as long as it pushes up the price....
Because if everyone was using these
bots, the
trading edge they bestow would be eliminated due to arbing and other opportunities being eliminated.
This is
because instead of manually entering a
trade, an algorithm or
bot will automatically enter and exit positions once pre-determined criteria have been met.
Trading bots are especially helpful to beginner traders because they have logic on their side; they make trading decisions based on facts, whereas emotions and sentiments are likely to cloud the reasoning of inexperienced t
Trading bots are especially helpful to beginner traders
because they have logic on their side; they make
trading decisions based on facts, whereas emotions and sentiments are likely to cloud the reasoning of inexperienced t
trading decisions based on facts, whereas emotions and sentiments are likely to cloud the reasoning of inexperienced traders.
Lee added that services like Tradewave are useful for introducing algorithmic
trading to the cryptomarkets
because they remove some of the tedious but complex tasks - like back - testing
trading strategies - involved in creating a
bot.
Trading bots is a technique that uses pre-programmed software that analyzes market actions, such as volume, orders, price, and time, and they are rather common in the bitcoin world,
because very few traders have time to stare at the charts all day.