Books AI BOT TRADING FOR BEGINNERS (PLUS PREMIUM BOT): The Ultimate Guide To Maximizing Profits by VICTOR ABEE (Author)

"AI BOT TRADING FOR BEGINNERS (PLUS PREMIUM BOT): The Ultimate Guide To Maximizing Profits" by Victor Abee is a detailed guide focused on using artificial intelligence trading bots, especially in cryptocurrency markets, to maximize trading profits.

Summary:

• The book starts by introducing the cryptocurrency market and explaining how AI trading bots operate. It covers the benefits of AI bots including their ability to analyze massive data quickly, trade 24/7, reduce emotional trading errors, and improve trading efficiency.
• Two main types of AI bots are detailed: rule-based bots (simpler and user-friendly, relying on preset rules) and machine learning bots (more complex, adapting based on data, requiring technical knowledge).
• Readers learn how to set up trading environments, including choosing exchanges and APIs, and receive step-by-step guidance on building simple AI trading bots.
• The book explains various AI algorithms and trading models, such as statistical methods and machine learning techniques, and how to apply them in trading strategies.
• It discusses managing and monitoring AI bot performance, portfolio diversification, risk management, and ethical considerations in automated trading.
• Beyond fundamentals, it dives into advanced AI techniques to enhance bot performance, tap into market trends, and use new technologies to stay competitive.
• Included is a tested premium trading bot that reportedly achieved 400% profit on a 4-hour Bitcoin chart, adaptable for Forex, Futures, and Crypto markets.
• The guide promotes responsible trading and continued learning to effectively and profitably integrate AI into trading practices.