Social Trading Bot FAQ

OFFICIAL SITE: socialtradingbot.com

The Social Trading Bot platform is a brand new, highly profitable, and super user friendly day trading app. We know that you probably have a lot of questions about it, which is what this Social Trading Bot FAQ is all about.

Is the Social Trading Bot Fully Automated?

Many people are wondering if this is a fully automated day trading platform. The answer here is no, it is not fully automated. It is semi-automated. So, what does this mean? Being semi-automated means that the Social Trading Bot app does automatically produce the best signals for you to trade with. It does this all on its own.

However, the platform does not execute the trades on your behalf. This app features so called one click trading, which means that you do have to manually execute trades on individual signals. We personally like this because it offers a much better degree of control over trading. Having an app do all of the trading for you usually is not all that reliable.

What is this App Designed to Trade?

No, the name of the Social Trading Bot app does not really tell you what it is designed to trade. Well, it provides users with both Forex and CFD signals. We personally find this to be very convenient, as we can use this same app to trade both CFDs and Forex in one convenient location.

It’s also worth nothing that this software does produce highly reliable trading signals. Combined, the CFD and Forex markets are huge, and together they do provide for massive profit opportunities.

How does the Social Trading Bot Platform Generate Signals?

What is important to note about this particular day trading platform is that it produces signals in a very special way. Older semi-automated and full auto apps generally used a combination of technical analysis and fundamental analysis to generate profitable signals.

However, this really only works well during normal and stable market conditions. It does not work so well in times of economic crisis and big market swings, such as is happening right now due to the coronavirus pandemic.

The Social Trading Bot platform uses a proprietary news analysis method to generate signals. It keeps a close eye on real time economic and news developments in order to generate the best and most profitable FX and CFD signals to place trades with.

When is the Best Time to Use the Social Trading Bot System?

As is the case with all trading software, there is a good time to use the Social Trading Bot system and a bad time to use it. Generally speaking, the best time to use any sort of semi-automated software like this is between 9 AM and 7 PM GMT.

This is when the market is the least volatile and the most active, this providing traders with the highest profit potential. Keep in mind that if you do not live in the GMT time zone, you will need to make the appropriate calculations for time zone differences to figure out what your ideal trading window is.

Is this Day Trading Platform User Friendly?

Yes, this particular piece of software is indeed super user friendly. In fact, it is designed specifically for newbies, for people who really don’t know much about Forex or CFD trading to begin with. It comes loaded with user friendly features that can help you place profitable trades.

The app as a whole is very easy to navigate, it works very well, and how to use it is very clear. We would say that the Social Trading Bot platform is probably the easiest, simplest, and most user friendly day trading app around at this time.

Does it Come with Any Special Features?

Yes, as noted above, this day trading system does come loaded with useful features. Some of the best features included here are ones such as the economic calendar, the dynamic economic calendar, the cross rates chart, the Forex heat map, the fundamental news section, and the signal probability indicator.

Check out our previous Social Trading Bot review on platform features to get a better understanding of what each of these features can do for you and how they can help you increase your profit margins.

At What Probability Should I Trade at?

Something to keep an eye out for here is the signal probability rating. In case you don’t know, this is a feature which comes with the Social Trading Bot. Each signal comes with this probability rating.

This is a percentage, an indication of the chances of any particular signal ending with a win, with money in the bank. The higher the indicated percentage, the higher the chances of the trade being won. As a rule of thumb, never place trades on signals that have a probability rating lower than 72%.

How Much does Social Trading Bot Software Cost?

It’s totally free! Yes, that is right folks, this awesome piece of day trading software is totally free to use. Yes, you will need a broker, and that is going to cost a bit of money, but the Socal Trading Bot app itself is totally free of cost.

Is There a Demo?

Yes, the Social Trading Bot system does come with a demo account. This means that you can test the software out for yourself, all without risking real money. It’s a great way to check out how this system works before deciding to start trading with real money.

How do I Sign Up?

In case you would like to sign up for this app and use it to trade, all you have to do is to follow the links which we have provided here today. The signup process takes only a few minutes. ‘

Social Trading Bot FAQ – Final Thoughts

The other thing we want to say here is that the Social Trading Bot app is indeed one of the best day trading platforms of its kind. We would absolutely recommend giving it a shot, because it does have great money making potential!

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