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
For such innovations as this I will advise to trade very consciously because there's not just risk of loosing your funds but possible fraud especially with the promise of analytics and strategy, pro traders know that strategy and analytics are dynamic and only in few cases it's static over a while of which eventually it has to get dynamic to make profit but bots don't understand this as they aren't programmed with such intelligence, they actually act within instructions and the informations made available to them and not like humans who's got emotions and some phycological imputes they apply trading especially when it's needed.