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Several months ago I did an article talking about trading bots and the low profitability they can have because there are changes in the markets that make the strategy they use must be constantly updated, making that when there is a major change in market dynamics, they no longer have a profitable formula.
But today I have seen another type of bot that is even more profitable than the bots that we might know trading, and I have seen it in Leo Dex specifically, that because it has low liquidity compared to other exchanges with higher volume, they can make easier moves, and when we add that those of us who trade without a bot must do the verification through "Hivesigner", you have the perfect formula for long-term profitability.
What happens is that a Bot is not going to think, but it is going to execute what it has been programmed for, but it also happens that it does the processes faster than a natural person, which makes that we can never beat a bot if we have to execute all the steps to create the smart contracts in a DEX, while a bot does this in a more fluid way.
The example of this bot can be seen in @ripazha and I think @solovey6o2 is also a bot that uses Leo Dex to get the profitability, and the reason I think they are bots (although I haven't seen an article or anything like that to confirm it), is because as a psychologist I can say that it is not normal for people to execute the same behavior repeatedly, with the same characteristics (no variation, they place an order with all the capital they have over any order that holds an amount of 100 Leo or so), and over a long period of time (all day).
I'm not going to lie, I've been trading Leo Dex as well, but it's getting harder and harder to maintain profitable orders with competition that exceeds my capabilities, and I've seen how one of them has been growing his account interestingly, so maintaining this growth, he's going to become a whale soon.
It is interesting how trading has changed, and the opportunities that can be created for those who know how to program, especially in markets with low liquidity, certainly different times.
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Hace varios meses hice un artículo hablando sobre los bots de trading y la poca rentabilidad que pueden tener debido a que hay cambios en los mercados que hacen que la estrategia que usen se deba actualizar constantemente, haciendo que cuando exista un cambio importante en la dinámica del mercado, estos dejen de tener una formula rentable.
Pero hoy en día he visto otro tipo de bot que es aún más rentable que los bots que podríamos conocer de trading, y lo he visto en Leo Dex específicamente, que debido a que tiene poca liquidez en comparación con otros intercambios con mayor volumen, pueden hacer movimientos más fáciles, y cuando sumamos que los que intercambiamos sin un bot debemos hacer la verificación a través de “Hivesigner”, se tiene la fórmula perfecta para la rentabilidad a largo plazo.
Lo que ocurre es que un Bot no va a pensar, sino que va a ejecutar aquello por lo que ha sido programado, pero también ocurre que hace los procesos más rápidos que una persona natural, lo que hace que nunca le podamos ganar a un bot si tenemos que ejecutar todos los pasos para crear los contratos inteligentes en un DEX, mientras que un bot hace esto de forma más fluida.
El ejemplo de este bot lo podemos ver en @ripazha y creo que @solovey6o2 también es un bot que utiliza Leo Dex para obtener la rentabilidad, y la razón por la que pienso que son bots (aunque no he visto un artículo o algo parecido que lo confirme), es porque como psicólogo puedo decir que no es normal que las personas ejecuten un mismo comportamiento de forma repetida, con las mismas características (sin variación, colocan una orden con todo el capital que tienen por encima de cualquier orden que mantenga una cantidad de 100 Leo aproximadamente), y a través de un periodo largo de tiempo (todo el día).
No voy a mentir, he estado haciendo trading con Leo Dex también, pero cada vez se hace más difícil mantener órdenes rentables con una competencia que supera mis capacidades, y he visto como uno de ellos ha estado creciendo su cuenta de forma interesante, por lo que manteniendo este crecimiento, va a convertirse en una ballena pronto.
Es interesante como el trading ha cambiado, y las oportunidades que se pueden crear para quienes saben programar, sobretodo en mercados con una baja liquidez, sin duda alguna, tiempos diferentes.
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What you point out is true. As time goes by, automated trading systems just get better. This is something that makes it tough for humans to compete.
My hope is that we see automated trading systems tokenized or somehow opened up where others can be involved. That would be a grand way to leverage the automation.
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That would be so nice, and right now the big problem is that most of the people don't know about programming yet, but it has to change some time in the future
No idea if you have tried other third party BOTs for a specific exchange?
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well not really sure about what you are talking about, so I guess I havent
So many things are automated now and controlled by what could be considered a bot.
Just think about a washing machine. The entire process of washing the clothes is automated.
At one time I remember that one could rent a bot's services on the STEEM platform. I can't remember which application it was for, maybe Splinterlands if I remember correctly. I don't know if this service is still available.
Learning how to code and deploy a bot to work for us is a very worthy endeavor. I sort of wish I had the attention span to do it myself!
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Bots give us many easy things and let us focus on something of more value, so they are something good, but we all need to know something little of coding at least