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What Exactly Are "Trading Bots"?
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[QUOTE="Setho, post: 238890, member: 29023"] The financial market space is actually a very volatile and fast one and as such a lot of changes happening within the most little time . There are some people who are smart enough to be able to develop computerized automated bots that can be able to help them in their trading decisions as well as tell them to be able to take decisions . Bots are usually created with computer codes and they are usually given a particular instruction and a particular scenario in which they are supposed to execute . For example if you do not want to be on the screen all the time and then you want to know if the market has formed a bullish engulfing , then you can create a code that will be able to remind you exactly when that particular formation has been formed . You can also be able to create an instruction that is going to give it the access to your wallet to be able to take trades when your behalf . This is perhaps the most popular type of automation in the financial market space and there are some people who make a lot of money by just developing the software . [/QUOTE]
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What Exactly Are "Trading Bots"?
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