Bot Creator Newsletter - June 2022
We have some exciting news to share: the most requested feature is almost there: shorts! Furthermore in this newsletter we want to share some tips on backtesting and inform you on trading multiple assets and marketcaps.
Going short is being tested internally
You have asked for it for a long time now, and it is finally happening: shorts. But, we still need your patience for a little while. In the next few weeks we will start with internal testing and we will first release short bots from the BOTS originals team for the BOTS app users. After that we will inform you when we are moving forward. So keep an eye out for this exciting new step.
The majority of retail traders suffer losses. The cause for this is that they do not build their methods on verified data, but rather on feelings, advice from friends, and so on. Traders who want to be successful must first test their ideas through backtesting before putting real money into the market; otherwise, they risk losing money.
Trading multiple assets and marketcaps
Quick heads up to our bot creators when selecting trading assets for their bots. To maximize the AUM of a strategy, it is important that you select assets that have similar liquidity! Why? We explain it all in this article.