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Is API trading worth it? Any thoughts?
I’m exploring API trading and curious how others are using it. Is it reliable for automation and data access? Would love to hear your experiences or tips!
Hey Thomas! API trading can definitely be worth it if you're into automation and want faster data access. I’ve used it for backtesting and setting up simple bots and super handy once you get the hang of it. Just make sure your code handles errors well. Happy to share more if you dive in!
I've been thinking if trading APIs is worth the work. Markets can be intimidating, particularly for newcomers, but employing the appropriate approach can have a significant impact. Since I began working with Ivy Klementich (Ivyklementich on Telegram), I have stopped worrying about fluctuations in the price of bitcoin. Even during downturns, her strategy helps control risk and maintain consistent profitability. I'm curious about how other people are currently handling or automating trades.
BenjaminEdward posted:I've been thinking if trading APIs is worth the work. Markets can be intimidating, particularly for newcomers, but employing the appropriate approach can have a significant impact. Since I began working with Ivy Klementich (Ivyklementich on Telegram), I have stopped worrying about fluctuations in the price of bitcoin. Even during downturns, her strategy helps control risk and maintain consistent profitability. I'm curious about how other people are currently handling or automating trades.
That’s great to hear! I’ve been exploring API trading for a while now. I’m not fully automated, but I’ve developed a few custom strategies that help me handle entries, exits, and risk more efficiently. It’s made a big difference in keeping me consistent and avoiding those impulsive decisions, especially when the market gets unpredictable.
Stefanwulf posted:BenjaminEdward posted:I've been thinking if trading APIs is worth the work. Markets can be intimidating, particularly for newcomers, but employing the appropriate approach can have a significant impact. Since I began working with Ivy Klementich (Ivyklementich on Telegram), I have stopped worrying about fluctuations in the price of bitcoin. Even during downturns, her strategy helps control risk and maintain consistent profitability. I'm curious about how other people are currently handling or automating trades.
That’s great to hear! I’ve been exploring API trading for a while now. I’m not fully automated, but I’ve developed a few custom strategies that help me handle entries, exits, and risk more efficiently. It’s made a big difference in keeping me consistent and avoiding those impulsive decisions, especially when the market gets unpredictable.
What kind of strategies are you running with your API setup? Are you using indicators, price action, or a mix of both? Also, how do you find the balance between letting the system run and stepping in manually when needed?
Alyssa__ posted:Stefanwulf posted:BenjaminEdward posted:I've been thinking if trading APIs is worth the work. Markets can be intimidating, particularly for newcomers, but employing the appropriate approach can have a significant impact. Since I began working with Ivy Klementich (Ivyklementich on Telegram), I have stopped worrying about fluctuations in the price of bitcoin. Even during downturns, her strategy helps control risk and maintain consistent profitability. I'm curious about how other people are currently handling or automating trades.
That’s great to hear! I’ve been exploring API trading for a while now. I’m not fully automated, but I’ve developed a few custom strategies that help me handle entries, exits, and risk more efficiently. It’s made a big difference in keeping me consistent and avoiding those impulsive decisions, especially when the market gets unpredictable.
What kind of strategies are you running with your API setup? Are you using indicators, price action, or a mix of both? Also, how do you find the balance between letting the system run and stepping in manually when needed?
Hey Alyssa, appreciate the questions! I’d say it’s a bit of both for me I mainly rely on the indicators like RSI and EMA crossovers, but I try to filter out bad setups using some basic price action rules. As for manual vs. automated, I usually trust the system during normal market conditions, but I prefer to be hands-on when there’s major news or unexpected moves. Took a bit of tweaking, but I’ve got a setup now that feels pretty balanced
