#BotOrNot Trading bots provide the ability to automate trading 24/7. However, not all bots deliver stable profits, and risk management is a crucial factor.
Advantages:
- Continuous trading without being influenced by emotions.
- Quickly exploit arbitrage and scalping opportunities.
- Save time, especially for busy individuals.
Disadvantages:
- Cannot handle strong market fluctuations well.
- Requires proper setup; otherwise, it can lead to significant losses.
- Dependent on the user's strategy.