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
You can’t know the type of strategy bots used until you study the bots very well; that is, even if you want to use bots to trade, you need to have knowledge of trading too, because a bot can’t be on the positive side of the markets all the time. Also, a bot can make you lazy as well; in fact, trading using bots is not advisable; it will not help the trader in the long run. Seriously, I won’t advise anybody to use a bot to trade; rather, learn and trade on your own; it will be better.
You know in the real matter of OP, for me that trading bot is not profitable, because if that is really profitable then the amount of testified that many have got a big profit there. Think about that, right?
The only one who believes in the trading bot is the novices that are lazy to learn the trading and rely on the bots of their earnings, something that is the wrong way of their approach.
You are right. It is only newbie traders who believe in bots because they find it very easy in their journey since it analyses and does everything for them in a very easy way. They don’t care to learn how to trade by themselves; moreover, you are right. I have never seen any trader who used a bot for a long time or even a short time and was successful. Before all the traders I see do it with the knowledge they have.