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!
What do you want to trade with a bot?
Many people code a own bots for simple tasks...
And bots are dumb. Only the user can use it in a profitable way, but it is mostly not possible without a little knowledge about trading.
I never tried a bot from a online recourse. And i trade only cryptocurrency with bots / autotrading software.
If you are interested in automated trading of crypto coins then you should check out the QUATLOO TRADER !
It is conditional freeware. That means, you need to buy some QUATLLO (QTL) to activate the bot. If you don't like the software you can sell your QTL. QTL is still a scrypt coin.
Here the link from the thread with the software:
https://bitcointalk.org/index.php?topic=711966.0