The variation in graphs between users who have invested in the same trading bot can be attributed to a few factors. Here's a comprehensive FAQ to help you understand why this discrepancy may occur:
Why does the trading bot not take a position instantly upon activation?
When you activate a trading bot, it begins analysing different trading prices to identify the optimal moment to take a position. This means that the bot may not immediately execute trades as soon as it is activated. It patiently waits for favourable market conditions before making a move.
How does the timing of bot activation impact my graph compared to others?
The timing of bot activation plays a crucial role in potential profits or losses. Different users may activate the bot at different times, leading to variations in the positions taken by the bot. As a result, one person may experience profit while another may face losses. These outcomes depend on the specific moment each user starts their bot. For example, if the bot you’ve started did not take a position at the moment, then you will see a graph of the trading prices of two currencies (such as BTC – USDT or EUR – USDT)
Which trading pairs or currencies do the bots typically focus on?
The specific trading pairs or currencies that a bot focuses on may vary depending on the bot itself. You can find these details on the bot information page.
Why might it appear that an active bot has taken a position when the graphs are fluctuating?
Graph fluctuations can give the impression that an active bot has taken a position. However, this might not necessarily be the case. Fluctuations can occur due to market volatility or other factors, even if the bot has not executed trades.
Should you have any other questions or doubts, please feel free to contact our Support Department at email@example.com, and we’ll be happy to help you.