In recent years, we have seen so many bot trading, even so many crypto centralized exchanges(CEX's) offer these services and for free, but I wonder why it is not all that popular, bot trading is a kinda more easy to to seeing programmed algorithms makes the trade for you, but is that all there is to it, unfortunately yes, you set you parameters, you tell it what to do, you a literally doing all the work, if you don't have a good strategy, the bot will keep on making losses, it's you trading but not you, and I guess that's why it is not popular.
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
I also wish there would be a trading bot which will pick the token by itself and out of all the trading strategy in the world using AI, pick one and read charts by itself using all the previous data with it's high frequency power computations and make a good support and resistance for me like if I want to trade in short term then give me LTF trades otherwise it depends. But unfortunately, there is no such trading bot that I am aware of.
There are few which ask the the risk and reward ratio and which basket of tokens to trade in like, this basket will comprise of few tokens only like BTC, ETH, LTC etc. This trading is not good that's why I don't go after trading via bots but I have seen many analysists use AI trading bots they have huge capital and a slight price increase can make them few hundred dollars so they take quick trades and book profit even loss to make a good profit at the end of the day.