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Trading bots

Everything you need to understand automated trading, organised in one place. Start with the fundamentals, then work through profitability, selection, and the right questions to ask before you buy.

Start with the fundamentals

What is a trading bot?

Start here. A clear definition of trading bots, how they execute strategies automatically, and what they can and cannot do.

Can trading bots make money?

An honest look at trading bot profitability — realistic expectations, why many bots lose money, and what actually drives returns.

How to choose a trading bot

The metrics that matter when evaluating a bot, why drawdown beats win rate, and how to avoid over-optimized backtests.

Questions to ask before buying

A practical checklist of questions on verified performance, drawdown, risk management, and hidden costs before you commit.

Go deeper

Once you understand the basics, explore how bots actually work and the real-world factors that decide whether they perform.

Essential reading

Educational

Recommended

Daniel Krings

Written by

Daniel Krings

Daniel Krings is the founder of MaxAi Trader, a Senior ServiceNow Architect, and an algorithmic trading specialist with 8+ years of experience in automated trading, live execution, brokers, slippage, and trading infrastructure.

More about Daniel Krings →

Important Disclaimer

This site is an independent research and review platform for educational purposes only.

Nothing on this website is financial advice. Trading involves risk, and performance varies by market conditions, strategy, and user decisions.