#BotOrNot

Can trading bots be trusted?

Automated trading bots are becoming increasingly popular, promising quick and efficient trading without emotions. But do they really help make money?

🤖 Advantages of bots:

✔️ They trade 24/7 without fatigue.

✔️ They follow clear algorithms, eliminating emotions.

✔️ They can analyze the market faster than a human.

⛔️ Disadvantages:

❌ They do not adapt to sudden market changes.

❌ They work poorly without the right settings.

❌ Not all strategies are effective in the long term.

It's better to use a trading bot as an additional function for trading when you already know how to trade yourself and have a bit of an understanding of the market and trends!