What is a trading bot?

Such a trading bot is a computer program or software, that is based on a multitude of trading signals and indicators. Those help to determine or identify if a specific currency pair (when it comes to Forex or cryptocurrencies) at a specific point in time should either be bought or sold.

What is the Best AI stock trading bot software?

We Put The Best On Test and Uncover Those to Avoid. Our tests show Trade Ideas is the best AI stock trading Bot software for finding and executing high-probability trades. Tickeron’s AI stock investing Bots provide swing trading signals, and TrendSpider has AI chart pattern recognition.

How do trading robots work?

Trading robots buy and sell assets automatically, without any human intervention. This means that robots allow you to trade passively, as you won’t be required to research the markets. You won’t need to place trades either, as robots operate autonomously. Each robot will be programmed to follow pre-set conditions.

Can a bot buy or sell a stock?

For example, the bot could buy or sell stocks after companies release their quarterly earnings reports. It might buy the stock if the company exceeded market expectations. Or sell the stock if the company fell short. The possibilities are endless when using an AI trading platform that offers automated services.