Gunbot guide to emotionless trading
Check out the Ultimate Gunbot Guide to Automated and Emotionless Trading
Welcome Gunbotters, old and new. In this article, we will explore the relationship between human emotions and Gunbot’s community-driven strategy development.
Lets have a look at the classic emotions of FUD and how Gunbot strategy development counters the negatives while using the positives without actual emotions making choices for us. We will first compare human emotions to Gunbot’s possible decision making, then strategies we can deploy to take advantage of what we understand about emotionless trading.
One of the most powerful rational overrides is for sure fear. Fear drives some of the worst decision-making we experience.
Monitor market trends and indicators to determine if Gunbot should be using a more Bear or Bull strategy for its next trades.
Causes procrastination or disinterest in a market. Can cause us to make uniform decisions much like coin flips.
Keeps us from making decisions or causes making decisions to early. Your “gut” is not an indicator.
Use customized settings and multiple indicators to only make a choice when all parameters of a strategy are met.
With this basic understanding of our emotion and its effects, we can more effectively customize strategies and or choose from available preconfigured strategies from our official Gunbot marketplace.
This config bundle offers completely autonomous trading with the stepGrid strategy.
You set a few basic settings like how many pairs to trade, the script handles everything else.
Dynamic sell stages use stochrsi and bepperc filters to determine when a sell order should happen. The Auto DCA uses DU count to increase your buy-down levels after a set number of DCA buys.
This config bundle offers completely autonomous trading with the stepGridHybrid strategy, taking full advantage of the trading modes this strategy offers. You set a few basic settings like how many pairs to trade, the script handles everything else.
Happy trading and as always stay calm and Gunbot.