#BotOrNot BOT or Not is a concept in the trading world that distinguishes between manual trading by humans and automated trading using bots. Trading bots use algorithms to execute orders based on predefined parameters, such as technical analysis, market patterns, and risk management strategies. Bots can help improve efficiency, eliminate emotions in trading, and execute transactions faster than humans. However, the use of bots also carries risks, especially if the strategy is not well-tested or market conditions change drastically. Therefore, traders still need to understand how bots work and always monitor to avoid significant losses.