Investing with a trading bot. How does that work?
Bots trade better than humans. It's not for nothing that this is our slogan. But what about that? How does investing with a trading bot actually work? Today we'll explain how a bot does its (or actually your) work.
BOTS trade better than humans
Professional cryptocurrency traders have known for years: bots trade better than humans. That's why BOTS by RevenYOU has developed the BOTS app so that you too can automate your investments. The question that remains: are the professional traders right? In order to answer this question, the returns of the AEX and four Bots will be compared during the first quarter of 2020 and the week of 11-15 May. You can read the results of this research here.
Only this research doesn't tell you anything about how a bot does its job. Or rather: how a bot does your job. The big advantage: bots that do your work don't sleep and don't know emotions. Nice starting points to be able to do your job well: acting on the stock exchange.
What's a trading bot?
A trading bot is, very briefly, an automated trading strategy. These trading bots invest for you. They make their choices based on artificial intelligence, machine learning and algorithms. So a bot is actually a software program.
A very good working software program by the way. Because this software runs on bizarrely fast servers which allows the bots to act faster and more precisely. Anyway, much faster than people can. They don't have to enter all trades manually, this is fully automatic. Convenient, time-saving and to your advantage.
Each trading bot is built by an expert developer. A bot creator. In nine out of ten cases, the bot bases its trading strategy on certain algorithms. In the different bot descriptions in the BOTS app you will find more information about each bot.
Why would you use a trading bot?
To put it simply, a bot can perform automated operations that are too complex, too time-consuming or too time consuming for a human being, quickly and faultlessly. Good trading bots can save you money because they offer much more than a manual trading strategy.
A good bot is faster when it comes to collecting data, more precise at the time orders are placed and calculate much faster than any human being.
Everyone should have access to a trading bot
Until recently, automated trading strategies were only accessible to the richest 1% in the world. Trading with bots has been around for quite a long time but is only now slowly becoming available to the wider public. We wrote about this earlier in this article and made a podcast about it. The podcast can be found here.
Because we at BOTS by RevenYOU believe that everyone in the world should have access to a second income, we built the BOTS app. An easy to use app that gives everyone access to the best trading bots.
Investing is for everyone
Everyone should be able to invest. And now they can. With BOTS. Together we are going to make the world of investment fairer and more transparent. Are you interested, but your question hasn't been answered yet? Take a look at the FAQs on our site. Or contact us, we will be happy to explain it to you in person.
The BOTS app is now live
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.