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- Thoroughly backtest and optimize the bot's strategy on historical data.
- Choose a reputable bot provider with transparent performance records.
- Implement robust risk management, including stop-loss orders and position sizing.
- Monitor the bot's performance regularly and adjust settings as needed.
- Diversify your trading portfolio, not relying solely on one bot.
- Stay informed about market conditions and potential impacts on the bot's strategy.
- Start with a demo account to familiarize yourself before using real capital.
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