The decision for a trading bot to automatically stop trading depends on the specific strategy employed and the preferences of the user. It’s essential to understand the strategy you intend to use and its associated parameters.
Some trading strategies incorporate stop-loss mechanisms, which automatically trigger the bot to cease trading when a certain predefined loss threshold reached. This feature mitigates potential losses and protects your invested capital.
It's important to carefully review the details and instructions provided by the bot's creator to determine if and how the bot automatically stops trading. Additionally, unless you manually intervene to stop the bot, it will continue to utilize the funds you have allocated for trading.
For detailed instructions on how to stop a bot, please refer to our FAQ article “How to stop an active bot and what happens to my money if I stop my active bot(s)?”
If you have questions or need further clarification about a specific bot, it is recommended to reach out to the bot's creator or our Support Team at firstname.lastname@example.org. Many bot creators have dedicated communication channels, such as Discord servers, where you can interact with them directly.
Please click on the following link to access the Discord server: Join our Discord!