Post
Topic
Board Trading Discussion
Re: How reliable are both trading
by
Hatchy
on 30/12/2024, 10:27:26 UTC
What if, there is a trading bot that analyzes trades and execute them, will that be more profitable, now I've heard of some trading bot investment that claims to offer these features, but I can't help but wonder, what strategy does it use. In conclusion, I think trading bots are risky.
What are your opinions and solutions
Such bots doesn't exist... What everybot is designed using someone's strategy. You just input it then design your bit. When it comes across your strategy playing out in the market, it places an order using the risk to reward ratio that you selected. For me, I don't see any sense trading it bot. Remember trading is a skill that once you get, you are made for life. So why think much about being profitable when you can't analyze the market on your own. Buying bots from someone to trade is good to sole point, but you aren't a trader mate. You are just some investor who if the bot fails someday, you will not be able to trade the market.. Most of these bot are scam so be careful mate