| Thousands of people every day trade on the worlds | | | | money, and if handled correctly, plenty of it. |
| stock markets, with the majority now using software | | | | Most of the bots on sale focus on one aspect, |
| to aid them, but does it help them make more money? | | | | whether it is trading, arbing, hedging or dutching, but |
| This software is known as a 'bot', short for robot, but it | | | | there are a small number that focus on them all, and |
| is only ever as good as the user. If the user does not | | | | compared to the single function bots, are much better |
| know how to trade successfully on his own in the first | | | | value for money. These multi-function bots allow you |
| place then he is unlikely to get instant profit from a bot. | | | | to find your niche in a competitive market, without |
| New users have to understand that it will take weeks | | | | emptying your bank balance. |
| to learn how to use a bot correctly. | | | | It is also a misconception that you will start making a lot |
| I use the 'new' bots on the block on a daily basis. Any | | | | of money instantly. Even if the bot produced profits on |
| professional trader should at least be aware of the | | | | a daily basis (which by the way, will never happen), |
| existence of betting exchanges, and the fact they can | | | | you still have to limit trades to a fixed percentage of |
| turn over $Millions per horse race within a few minutes, | | | | your betting bank, otherwise you will find yourself |
| and with the betting exchange allowing you to back | | | | having no control over trading stakes. It is always best |
| (buy), and lay (sell) a horses odds, many new traders | | | | to start small, get the mistakes out of the way while it |
| are springing up to take advantage of this with the use | | | | is cheap to do so, and when your stakes increase, you |
| of betting bots. And the best thing is, you do not need | | | | will have learnt enough from your mistakes to save |
| any knowledge of the sport you are trading in. You | | | | money. |
| can also trade on the majority of the worlds financial | | | | Some people click with trading straight away, others it |
| markets, such as the FTSE, NASDQ, etc, as well as | | | | can take weeks of staring at the graphs on the |
| currencies. | | | | screen until the penny drops. Those that stick with it |
| So are these new bots a license to print money? | | | | though, usually succeed, and a bot makes life so much |
| Depending on which one you use, as some are | | | | easier. |
| useless, and will see you lose money faster than if you | | | | So if you have the capabilities to profit from trading, |
| were using a pin, but others stand out, and are put | | | | then a betting bot may be for you, if you are looking |
| together by professional stock market traders. It is | | | | for a quick buck, forget it. |
| these bots that have the potential to make you | | | | |