How do I trade with the BOTS app?
As you might know by now, the BOTS app makes automated trading available to everyone. Whether you're a rich sugar daddy, a pensioner, a professional trader or a student. The BOTS app uses algorithms (called bots) designed and developed by professional traders that do the trading for you. All you have to do is select a bot that catches your interest, invest as little as €5, sit back and relax. Sounds easy enough, doesn't it? Well, it really is that easy!
Three essential tips for using the BOTS app
But what do you do after you’ve started your first bot? Do you just sit around and wait for a few months to see some returns coming your way, or can you do more? We’ll give you three essential tips to get the most out of the BOTS app!
1. Sit back, relax and let the bots do the trading for you.
It sounds simple, and it is. The thing is that these bots are designed to generate the best revenue over a more extended period. This means that once you’ve selected one or multiple bots to start trading for you, you just have to sit back, relax and be patient. Give your bots time to reach good profits: ideally six months or more.
2. Spread your risk
If you’re new to the world of investments and would like to trade with as little risk as possible, it’s wise to spread your investments over several bots. This way, if one of your bots doesn’t perform the way you had expected him to, or maybe even loses some of your investment, you’ll have a whole team of superheroes ready to pick up his slack!
3. Add more funds periodically.
Think of a bot like a piggy bank: you slowly build up your investment by adding more funds every month. By doing so, you allow your bots to work towards a bigger goal (that yacht perhaps, or rather that Lamborghini?).
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.