Hi has anybody here done algo trading, using squareoff bots, how is your experience, is it worth it?
If I had a bot that really made money then I will sell it not to public but to a billion dollar hedge fund.
what u r saying is also correct, but i am waiting for answer from people who have used it,
thanks
By that logic, every Algo Trading platform should be useless.
“It is” not that “it should be”. There is no publically known algo provider that has made money for its clients.
Actually, as someone who codes custom trading bots for traders for a living, I agree to your pov.
It is not just that these platform do not work. Even when they do work, they can often steal people’s data and strategies. This is why many traders like to have an in-house solution rather than a web app for backtesting/algo-trading.
SquareOff has a Telegram channel where they post the daily performance of bots. All you need to do is take a piece of paper and a pen, then calculate the bot performances over a period of time that you find reasonable.
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hi i am tracking that , but god only knows if the profits posted are true.
so only i am requesting review from people who r using / used square off bots
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They have various bots, depending on market movement one or other bot will make profit/loss and they share the same. There used to be performance page an year back, with most bots except GRB doing below average. Not sure about performance now as they have added new bots.
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they have stopped sharing daily profit and loss stats 2 days back citing SEBI restrictions. is there any actual user of squareoff here ?
HI ,Are u using squareoff bots , what bots u are using? and what are the returns?
Ya, this is crazy. SEBI restrictions are there since more than an year, not sure why suddenly they want to stop sharing PNL. They recently started 100 day challenge in YT and also stopped sharing it after net loss after 30 days.
I use their bot. Today loss is huge. My confidence in them is shaking slowly. Hope they come out and give clarifications.
hi though the circular is old, they recently got a call from sebi to take away all profit loss statements, so they stopped sharing in telegram their daily profit loss statement, and also deleted all their youtube videos which showed profit and loss statement.
1,which bot ur using 2, since when u r using it,
how much is ur profit / loss?
I am only running since 3 months, but with todays loss I am prob at breakeven after charges. I used ATS.
hi i think u did midcap ATS today? how many lots did u do?
i did bankex ats today 5 lots loss of 1000 rs.
Yes, its Midcap, loss is big. On capital of 8L, so around 10%
for midcap ats max loss for 1 lot is 9000 , so u have done about 7 to 9 lots , they say we have to risk only 1 to 2 % of our capital per trade, u have taken higher risk , but it is upto u.
Have you seen Rajendran’s videos? His only aim is to earn money not anything else!! I dont think they have any profitable bots for long term!!
Since how long are you using squareoff bots ? I am planning to test with 2 or 3lots ? What do you suggest ?
Since how long are you using squareoff bots ? I am planning to test with 2 or 3lots ? What do you suggest ?