All bots run on a regulated broker in the US, (Oanda) to ensure account security in every aspect. They all use stop losses and have only one trade open per currency traded at a time. They have been designed this way to make the process of bots a lot less stressful and easier to sleep at night. They are not designed to blow your account by having multiple positions open on the same currency, as a martingale type strategy would. The bot will catch trends and ride them out. Losses will happen, sometimes as often as wins, but do not worry...they are high frequency trading bots and your wins will be much larger than your losses. Use these bots as bots were intended and take the emotion out of trading.
See below for bot statistics.
To read more and find out how to get setup, visit the website Stratton Hathaway.
Talk with others that joined or for more help see our Discord
The content on this website is for educational purposes only and is NOT financial advice. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making or investing money; nor is there any guarantee that you won't experience any loss when investing or trading. No information or opinion contained on this site should be taken as a solicitation or offer to by or sell any currency, equity or other financial instruments or services. You do so on your on accord and assume all risks involved in managing your own trading account.