Profit trailer is a trading bot that automates cryptocurrency trading strategies and is designed to work with a wide range of exchanges. It has a positive reputation in the cryptocurrency community, and users report profits from using the software. The software is easy to use and has a user-friendly interface. It also supports multiple currency pairs and has a range of trading strategies, including grid and dollar-cost averaging. Traders can customize trading settings to match their individual preferences and risk tolerance.
The software connects to the exchanges you’ve chosen using API keys. It then uses the information from those exchanges to place buy and sell orders on your behalf. The bot will strictly follow the trade settings you’ve selected and works based on mathematical formulas that trigger a purchase or sale under certain market conditions. This makes it less susceptible to emotions like fear and greed that can cause traders to make bad decisions.
In a fast-growing digital industry, it can be easy for crypto trading bots to fall out of favor with traders and get replaced by newer options. In today’s article, we’ll look at the profit trailer review to see if this bot is worth your time or if there are better options available.
Pricing is fairly competitive when compared to other crypto trading bots on the market. There are three paid plans, starting at $35 per month: the Signals Edition, the Basic edition, and the Pro edition. Each plan includes live Discord support, running up to two bots at once, 3-5 stored configurations, only the signal indicator, advanced paper trading, and signals subscription for all supported exchanges.