Manual trading has a significant drawback — psychological pressure on the trader. The user risks losing the attachments, which causes stress. In such a situation, beginners often make mistakes: they close profitable trades too early or hold positions during the collapse of quotations.



Trading robots (applications for automatic trading) are devoid of these disadvantages. The user specifies the conditions under which the program places orders. In the future, the owner of the robot only needs to control its work, without interfering in operations on the market. But good automated trading apps are not distributed for free. To create your own robot, you need not only to understand technical analysis, but also to be able to write the code of computer programs. Therefore, this strategy is not suitable for beginners.



On the Internet, you can find ads for the sale of robots that bring a guaranteed profit. The developers promise a quick increase in the deposit in return for an inexpensive subscription. Most often, such ads are placed by scammers, offering bots that trade using the simplest algorithms.



High profitability can be provided by averaging - multiple opening of repeated transactions against the current trend. Such a system creates the illusion of profitability, since it allows you to close even erroneous transactions with profit. But at any moment, a strong trend movement can begin in the market, as a result of which the trader will lose the deposit.

On the agenda is a discussion of my favorite bot - bitcoin bot. This is the very moment when I'm ready to kiss the developer for how awesome the product turned out to be at the exit. I've tried a lot of bots, but this one is definitely my favorite. I don't know how they did it, but no other bot does such results when bidding. I personally tried 4 different bots and couldn't find a cooler bitcoin bat.