Today’s post will focus on the significance of trading bots, because why not talk about something that every trader has a love-hate relationship with 😄; I’ll keep it short and sweet. Trading bots also referred to as algo bots are widely used in the finance industry, and they will not be going anywhere for the foreseeable future. Primary reason that they will stick around is, because they consume massive amounts of data in seconds and spit a recommendation out on whether you should stay in a trade, or what the kids say “Bye Felicia” it. Another reason is because manipulation is fun for big money and what better way to do it then 24/7, especially when you are sleeping, that’s when the bots get extra creative. What is that? you said you will stay up forever? The world record for the longest time a human has gone without sleep is 11 days and 25 minutes. May seem like I am ranting, but its all for a good reason.
A trading bot is not just AI, its developed by people with emotions. People spend countless hours on these bots, pouring loops, conditional statements, and mathematical formulas that should be considered illegal into these bots. While they are doing this, they are contributing pieces of themselves to them, helping them go through the phases of boy to man; making it feel and be more human.
May sound crazy to speak about trading bots in this manner, but you’ll truly understand when you create a trading bot of your own. Trading alone is time consuming, telegram groups are filled with moon boys, and many influencers are paid to bring awareness to great and terrible projects. If there is anything you should depend on its your brain, gut, and trading partner(A.K.A. trading bot, A.K.A. bro bot😎)
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