So what is exactly that Bitcoin Auto-trading system everybody is talking about?
Making money from trading is why we are all here. But being online and trading for hours on either your PC or mobile app can also be time consuming. Traders spending hours online and trying not to miss any market opportunity that can help them earn money can sometimes be an overwhelming situation … Not to mention the amount of financial market knowledge you need to have to place the right trades at the right time that will eventually earn your money…
What if I were to tell you that trading online doesn’t necessarily have to be a confusing and overwhelming experience? That you can say goodbye to endless financial analyses and can enjoy trading using a safe and easy-to-use automatic statistical method? How about feeling like your own personal Broker as you will be in total control of your own trading experience?
The Auto-trading system!
What is it?
Auto-trading system gives you the ability, to place trades automatically on any financial assets and in the trading volumes you choose, when you are not next to your PC or mobile phone. Not only that, the BATS offers you full risk management with the “Take Profit” and “Stop Loss” features. These features let you set your desired daily profit and loss, and once the BATS reaches that amount, it will pause itself for the rest of that day and resume the day after.
A known fact is that 95% of successful deals in the financial markets globally are made by Auto-trading systems/trading algorithms.
What is the success rate of the Auto-trading system?
Ah, that is the million-dollar question, isn’t it?
Can this Auto-trading system make me money?
First, there is NO such thing as a “magic robot” that earns money consistently, as there are no free gifts in life. If there were, everybody would be using it already. Any company or salesman that promises you that their “robot” will earn big money consistently is basically lying to you.
Now that we have established that, we can move on.
Success rate changes on a daily basis and based on market conditions.
How can I get a high success rate on my BATS?
The combination of the trading strategy that you choose and your attention to the volatility of the asset you are trading on. Volatility means the frequency of the movement in the price of the asset.
“The trend is your friend” . This is the rule of law for many traders. Following the trend is one way traders attempt to predict the future direction of an asset’s price. The Auto-trading system is using the trend as a signal indicator.
“Trend” strategy goes better with less volatile assets.
Less volatile assets go well with a “Trend” strategy because it exploits the MILD movements in the asset’s price. If the asset is less volatile, it means that statistically there is a higher chance that the price of the asset will continue in the same trend. The “Trend” strategy will automatically buy the asset if it reaches a new high point.
“Reversal” strategy goes better with more volatile assets.
More volatile assets go well with a “Reversal” strategy because it exploits the SHARP movements in the asset’s price. If the asset is more volatile, statistically there is a higher chance that the price of the asset will reverse its trend. The “Reversal” strategy will automatically buy when the asset reaches a new high point.
Let’s take an example of a two-week period to understand.
In the first week the Bitcoin is more volatile, so the “Reversal” strategy is more successful than the trend (above 80%), because the Bitcoin is volatile and the “Reversal” strategy is able to exploit it. The following week the Bitcoin is much less volatile, so the “Trend” strategy is much more profitable (above 85%!). But one needs to understand that it doesn’t say that this is a guarantee, and although it is an Auto-trading system (NOT A “MAGIC ROBOT”) you need to be alert to market conditions and asset volatility and react to it. if you follow these guidelines you can significantly increase your chance of earning money.
The beauty about the BATS is that it’s 100% automated treading system and you don’t need to have previews knowledge in trading.