How can I choose the best forex and crypto trading robot for my needs?
supercherryzhouMay 04, 2022 · 3 years ago1 answers
I'm interested in using a trading robot for forex and crypto trading, but there are so many options available. How can I choose the best one that suits my needs? What factors should I consider when selecting a trading robot?
1 answers
- May 04, 2022 · 3 years agoAs an expert in the field, I recommend considering the robot's backtesting results and risk management features. Backtesting allows you to evaluate the robot's performance based on historical data, giving you an idea of its potential profitability. Additionally, look for robots that offer risk management features such as stop-loss orders and position sizing. These features can help you manage your risk and protect your capital. Remember to thoroughly research and compare different trading robots before making a decision. Good luck with your trading journey!
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