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Lots of Open Source Stuff on Github, I've worked with the API for probably 10 years or so. https://github.com/tg12 -
That is called "algorithmic trading" or "algotrading" and a wealth of books/videos is available about this subject, e.g. the /r/algotrading subreddit. -
By cryptomaga · Posted
I recently came across a trading bot carnival on Bitget where users are encouraged to trade EIGEN, CATI, TON, and MOODENG to share from $50,000. Though this looks enticing but I was confused, is bot trading different from copy trading? He explained that both methods trade for you automatically. Specifically, copy trading lets you copy the trade of an experienced trader, whereas bot trading follows set rules or algorithms to make trades. He recommended both as great starting points for beginners like me to get a feel for the market. I recently started exploring copy trading and now I need to add bot trading along since I want to try out the carnival and if it is better I might stick to it or what do you think?
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Question
Mase
Hi, I am new to this game and am wondering why the user cannot set a guaranteed stop at the level of their choosing?
I am looking at not so volatile shares (to short) yet the guaranteed stop loss is A MINIMUM 10% above!
With share prices at £50/share in certain cases, then the maximum I could lose, all hypothetical of course, could still be a big number depending on what I place/pip.
Okay, I could still put a stop loss in place on my own, and will, but I have seen how good they can be on my ISA shares! Slippage like bambi on ice.
I thought the name of the game was to ensure a bit of control for non-professionals, so why not let users set their own guaranteed stop? After all, it is the user who pays for it when it is triggered!
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