Even seasoned traders can make mistakes with automated trading. This article highlights common pitfalls and offers tips to avoid them.
Over-Optimization: Avoid fine-tuning strategies to fit historical data too closely.
Neglecting Maintenance: Regularly update and monitor your bot.
Ignoring Market Conditions: Adjust strategies to suit current market trends.
By understanding and avoiding these mistakes, traders can ensure smoother operations and better results from their automated trading systems.