Quote from: terrific on May 18, 2024, 01:32:15 PM

Using it won't guarantee you profit. Don't get into that misconception because if these automated trading is a certain profit maker, many have already used them and became rich now on.

Bots are not better than humans. They have their errors also and they can make poor decisions which can lead to losses also. Bots should be used for making trading easier and not a way to make profit from trading.

Quote from: Bureau on Today at 04:30:06 AM

Please keep in mind that automatic trading doesn't mean the bot will decide every trade. As a trader it only helps making trade faster and easier with the set of guidelines provided by the trader. It does increase the chance of earning profits but the decision to invest and exit has to be taken by the trader operating the bot. It is not an AI that takes all decisions in account to make a successful and profitable trade.

You can make bots to decide every trades for you but not a way of increasing trading profit. Trading is risky and both does not decrease the risks.