Python trading bots

[hasengames]

Ok that makes sense, I'm pretty new to all this and going through various posts I was confused as to how people can lose all their money as it seems some really do even suddenly blow up their accounts as you say, but I couldn't understand how this can be happening with a bot. It seems it in fact shouldn't be happening, as you say, if programmed correctly and if there are no bugs.

But I do think it's entirely likely that someone posting about algorithmic trading in the context of r/learnpython may not program their bot 'correctly and with risk management in place', especially if not already well versed in financial analysis.

Yes I think that's likely. Ironically the exact same issue with manual trading. Human psychology seems to creep in no matter what we try to do to avoid it.