Trading · 69 / 86
Bots, grids, and copy trading
A bot follows a rule when you are not watching. A grid places orders above and below a price. Copy trading follows someone else's clicks. All three still pay fees, and all three can follow you off a cliff.
What they do
They remove hesitation. Hesitation is sometimes the only thing that stopped a bad click. A grid in a trend can buy all the way down. A copied trader can be paid to be copied, not paid because you profit.
The delay and the fee
You copy late. You pay the fee they also paid. Their size is not your size. Their exit can be a post, while your exit is a worse fill.
If you cannot explain the rule in one sentence, the bot is a costume.
Check yourself
Does copying a profitable screenshot copy the profit?
No. You arrive later, pay fees, and may not get their exit.
After this you can explain the bot's rule, the fee, and the delay, or do not turn it on.
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