FAQs
You can always stop the bot at anytime you want. It has no restriction to run for certain time. However, you need to close the bot manually if you want it to stop after certain time, or you can use advance settings and use “Take Profit at” feature to close the bot when the price reach the target price.
How to stop bot in Pionex? ›
Close the bot first and choose “Don't Sell” option. Using this option, you will still got remaining tokens without selling it at current price. Now you can go to Trade – Manual. In this page, you can use “Grid Sell” function to sell your remaining token in Grid fashion.
When to stop grid trading bot? ›
When the market price hits the Stop Loss Price, the Grid Trading Bot will sell a pre-set portion of the base currency at the market price to cut losses for the user. The Bot will then be automatically terminated.
What is the most profitable bot in Pionex? ›
What is the best bot on pionex to start with as a new trader? Grid trading is easy. Start with that. Start with grid trading and then do some reading on how the other bots work.
Is it legal to day trade with bots? ›
Using a trading bot is perfectly legal. At this time, there are no rules or regulations that prohibit retail traders from using trading bots, even though there are some concerns about the effects of automated trading on the markets.
Is there a way to stop bots? ›
Device Fingerprinting. Device fingerprinting is the practice of collecting information about a user's device in order to identify it. This information can be used to detect and block bots that are using spoofed or fake device information.
How can bots be stopped? ›
A bot management solution can leverage intelligence and use behavioral analysis to stop malicious bots before they ever reach a website. For example, Cloudflare Bot Management uses intelligence from millions of Internet properties and applies machine learning to proactively identify and stop bot abuse.
What time should I stop trading? ›
A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off. Once that happens, trades take longer and moves are smaller with less volume. It's generally impossible to time the market; knowing when the market will be up or when it will be down.
What is the best trading bot in Pionex? ›
Best free crypto trading bot: Pionex
- Grid trading bot: Auto buy low and sell high.
- Martingale bot: DCA buy, one time sell.
- Spot-futures arbitrage bot: Low risk 15% to 50% APR.
- Rebalancing bot: Custom index bot.
- Dip-buying bot: Earn USDT before price falls below your target price.
Are trading bots always profitable? ›
Crypto trading bots are profitable. However, it's not as simple as it sounds. You need a deeper understanding of how these tools work. You also need to be equipped with the knowledge to decide whether they are the missing piece in your crypto trading puzzle.
Misconception: Some believe that using trading bots guarantees instant wealth. Reality: Success requires time, strategy, and understanding market dynamics.
Are Pionex trading bots worth it? ›
Yes, Pionex is good for day trading, as its users can either manually trade spot or futures markets along with leveraged tokens, or they can take advantage of the many freely available trading bots.
Can you lose money on Pionex? ›
Yes, in spot market, the biggest value you can lost is your investment. There is no loan included here. The closest loan is margin, which also have auto-liquidation mechanism so it wont let you loss more than what you invest.
Are day trades illegal? ›
Day trading is not illegal when it is done within normal trade hours and properly recorded. However, a similar practice known as late day trading is illegal and can be prosecuted under commodities fraud law.
How much do day trading bots make? ›
In most cases, a daily return of 0.1% to 0.4% is more indicative of a bot that is performing as intended. Though seemingly little, when compound interest is considered, this can result in yearly earnings of several hundred percent.
Are trading bots legal in the United States? ›
Legal Challenges and Ethical Considerations
While trading bots are legal, investment firms and traders are responsible for ensuring that they're used in a compliant manner. Compliance issues cover topics such as data privacy, algorithmic trading laws, and prohibitions on market manipulation.
How do you stop a spam bot? ›
Here are 8 ways to stop a spambot from ever saying “I'll be back”.
- Enable double opt-in. ...
- Implement CAPTCHA. ...
- Verify your email list. ...
- Create honeypot fields. ...
- Block known spam domains. ...
- Use two-factor authentication. ...
- Keep your software up-to-date. ...
- Monitor sign-up activity.
How do I stop bots in Automation Anywhere? ›
Stop the Bot Agent Service:
- Open Automation Anywhere Control Room.
- Select 'Agents' under System.
- Find the Bot Agent Service and click 'Stop'.
How do I stop bots from crawling my website? ›
In conclusion, stopping bots from crawling your site is an important step in securing your website and protecting your content. By using methods such as robots. txt, CAPTCHAs, HTTP authentication, IP blocking, and referrer spam blockers, you can help keep your site safer and a bit more secure.
Should I block a bot? ›
Even good bots can potentially put an extra burden on your server resources when they are not managed properly, leading to an increased traffic load and slowing down your site's speed. Managing and blocking bots, especially bad bots, is very important if you have a website and server.