Using trading bots has both benefits and risks. You can never be sure by trading with a bot that the bot has made the right trade for you.
Trading bot relies on you to run. You set it up and it operates with parameters you use in configuration. Bot only does not have emotion and it can operate 24/7 without sleep time. If you use a bad strategy to set up your bot, it will only increase your lost trades and lost money. If you use a good strategy, it can help to increase your successful trades but it won't help you to gain net profit after all.
In the end, a trading bot is simply leverage that may be useful for the few traders who know what they are doing very well and are profitable in the long run, but for most people it will not be of any use. It happens as with trading in general, many people try trading attracted by advertising and stories that you can dedicate a couple of hours and live from it, when the reality is that more than 95% of traders lose money, and the longer term the closer that percentage is to 100%.
Following the title of the thread, we can say that if you are one of the few who make money with this, a trading bot can help you, but if you are like the vast majority, the only thing it will help you is to lose your money faster.