what is a "bot" ?

Discussion in 'Automated Trading' started by joesan, Jan 14, 2007.

  1. joesan

    joesan

    Would someone kindly advise what is "bot" as mentioned in some posts of autotrade ?
     
  2. doli

    doli

    "bot" may be short for robot. In trading it is just a machine that trades based on an algorithm.