For a while now I have been trying out trading bots instead of manually picking my trades.. As I don't seem to be having so much times these days to be monitoring my trades, which as resulted to several losses when trading the future market on bybit.
Recently I discover that's the normal long and short trade can also be made using Ai bot designed to assist traders maximize their profit and as there is still TradeGpt to assist traders in making trade decisions which I used and ended up having my trade liquidated because I forgot to set stop loss, but I although the margin was small but it still hurts as I thought by now I will no longer be providing liquidity for these exchanges and market markers.
It is important for one to fully the the assest he or she is trading as to know the metrics on how the price moves before dodging into the technicals as one fundamental might shift the market to a region where it hasn't been trading before.
It was FLRUSDT that TradeGpt bot gave to me too short, I didnt bother to check the chart I just diveed in and was slaughter in some few hours time.
Trading the neutral setting is way more safer but the profit margin is slim when compared to the long and short bot. If you want to know more about this not you can check bybit with the link below
https://www.bybit.com/en/help-center/article/Difference-between-Bybit-Trading-Bot
It is ones responsibility to comprehend these risks and conduct thorough research before participating in trading activities or using any of the tools for trading . By taking on this responsibility, you can make informed decisions and navigate complex markets more effectively.
