I am totally clueless about trading bots. How do they work? Are they profitable? How much would one cost? Can I make my own? Any helpful online resources would be appreciated. I cant wait to hear you guys' advice!
You should know how to code. Most exchanges have api's that make it possible to use almost any programming language to write such a bot. But before all you should understand that if you aren't profitable "by hand", hardly will a trading bot which you might code help you. You will just waste time (if only learn how to code)...