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Define Objectives
Trading Goals:
Decide what the bot should achieve (e.g., scalping, trend following, arbitrage).
Market and Assets:
Choose the market (e.g., stocks, cryptocurrency, forex) and the assets your bot will trade.
Risk Management:
Set rules for position sizing, stop-loss limits, and risk tolerance.
2. Understand the Basics
Market Knowledge: Learn about market structures, trading strategies, and indicators.
Programming Skills: Proficiency in a programming language like Python, JavaScript, or C++ is essential.
APIs: Familiarize yourself with APIs of trading platforms (e.g., Binance, Coinbase, Interactive Brokers).
Regulations: Ensure compliance with trading regulations in your jurisdiction. 0 reply
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