The pros and cons of using trading bots
IN BRIEF Pros: 24/7 Operation: Trading bots can work continuously without breaks. Speed: Executes trades in milliseconds, responding instantly to market changes. Emotion-Free Trading: Eliminates psychological factors from trading decisions. High Volume Capability: Can manage multiple trades efficiently. Competitive Edge: Offers advantages over manual trading through automation. Cons: Market Risks: Bots can incur significant losses …