> Are trading bots accurate?

Are trading bots accurate?

Posted at: 2014-12-05 
Can anyone explain further? Thank you!

No they are not. All the ones I've checked skewed the results to show gains, which never materialized in real live trading.

Yes it is, but you should be aware of risks as well.

Trading Robot is advisable for anyone most specially for the beginners. Why would Binary Options would advice trading bots if it's not accurate? Why would anyone invented this such Robot if it's not going to work for anyone?

Basically Trading Robots are created for Beginners. What does Trading bot can do?

Trading bots can trade on your behalf. If you have to go somewhere, you have a busy life and you don't have much time to spend for trading, you have a full time job, then maybe you'll need a trading bot who can trade for you.

They can read signals they can bet for you, all you have to do is to set how much money your bots should trade each day.

They could trade without you and can make you some money for sure. They are accurate but you should be aware that even great traders sometime lose like 80% percent of winning a trade.

No. Because to be successful with stocks you have to NOT think logically or be susceptible to confirmation bias thinking.

Computers can beat you at chess but when the only winning move is to not follow the conventional rules computers suck!

Seriously if you only choose pre-chosen safe routes you will lose more than you gain.

How to win is to put enough into red or black and cover the 00's too. Spread correct a casino will throw you out. As that way you cant lose. Its one of those weird maths things, you have more chance of winning lotteries by only entering once or twice than if you do it every single week.

Can anyone explain further? Thank you!