Whether to copy an AI agent from the AI agent collection or create your own depends on several factors such as your trading experience, understanding of the market, risk tolerance, and the time you can dedicate to managing and adjusting your AI agent.
Copy an AI Agent:
To Copy an AI agent from the library can be a good option if you’re new to trading or do not have much experience with algorithmic trading. It allows you to benefit from other traders’ strategies and experiences. However, it’s critical to understand that past performance is not necessarily indicative of future results. Always review the AI agent’s strategy and performance history before deciding to use it.
Creating Your Own AI Agent:
Creating your own AI agent gives you more control over your trading strategy. You can tailor the AI agent to your specific risk tolerance, trading goals, and preferred assets. However, it does require a good understanding of the market and technical indicators. It’s also important to backtest your AI agent before going live to see how it would have performed under historical market conditions.
Whether you choose to copy an AI agent or create your own, remember that it’s essential to monitor the AI agent’s performance regularly and make necessary adjustments based on the prevailing market conditions. And as always, only trade with what you can afford to lose, as trading involves risk.