Why not use a trading bot?
Trading bots are automated software providing traders with passive income by executing strategies in volatile markets. They work by analyzing market data, spotting trends, and executing trades. Advantages include backtesting strategies, executing multiple trades, eliminating emotional biases, leveraging volatility, and adopting advanced strategies. However, they present downsides like technical complexity, dependence on market conditions, lack of human intuition, risk of technical issues, and over-optimization. Leveraging historical data can enhance independent trading decisions despite these drawbacks. An example of such a bot is the Guap Bot.…