Sahin Boydas
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AI Trading Bots: What Works, What's a Scam

A look at ten of the most popular AI trading bots: which are surprisingly good, which are outright scams, and how to judge a bot before you trust it.

2025-02-098 min read593 words

I put 10 of the most popular AI trading bots to the test with my own money. The results were… interesting. I’m sharing my unfiltered review of each bot, including my profits and losses, to help you decide which, if any, are right for you. This is the ultimate bot showdown.

The Counterintuitive Truth

In AI trading bots, the best practitioners often do less, not more.

The lesson: customer feedback is the only metric that matters. It sounds simple. It's incredibly hard to execute.

The Reality Nobody Talks About

A lot of the advice on AI trading bots rests on assumptions that made sense five years ago. The world has moved on.

The first thing to understand is that the market doesn't care about your roadmap. I've seen this play out across dozens of companies. The pattern is unmistakable.

Many teams spend months on the wrong path before realizing that timing is everything in this game. Once they make the switch, everything changes.

Why Most Approaches Fail

Many common approaches to AI trading bots are flawed at the root.

The root cause is usually one of three things:

Copying what big companies do without understanding why they do it. What works for Google doesn't work for a 10-person startup.

Over-engineering the solution when a simple approach would work better. I've seen teams spend six months building something that could have been done in two weeks.

Ignoring the human element. Technology is the easy part. Getting people to actually use it is where the real challenge lives.

Real Talk: What Actually Matters

Here is what actually matters in AI trading bots.

First, execution speed beats perfection. Every time. Companies rarely fail because they moved too fast on AI trading bots. Many fail because they moved too slowly.

Second, measure everything. If you can't measure it, you can't improve it. Set up tracking from day one, even if it's basic.

Third, talk to your users. It sounds obvious, but many founders make decisions about AI trading bots in a vacuum. Get out of the building. Talk to real people.

This connects to broader themes around AI trading, algorithmic trading, fintech AI that I've been thinking about a lot lately.

Final Thoughts

There are no shortcuts in AI trading bots, but there are smarter paths.

The strongest teams treat AI trading bots as a competitive advantage, not a checkbox. They invest in it early, measure it obsessively, and never stop improving.

If you're just getting started with AI trading bots, don't be intimidated. Everyone starts somewhere. The key is to start with the right mindset and the right framework, and then execute like your company depends on it. Because it probably does.

FAQ

Frequently Asked Questions

Q:What experience informs this perspective?

This perspective comes from over a decade of building companies in Silicon Valley, two successful exits (RemoteTeam to Gusto, MovieLaLa to Gfycat), and investing in 234 startups including Anthropic, OpenAI, and Scale AI. I write about what I've lived.

Q:What's the most common pushback you get on this?

People often push back by citing exceptions or edge cases. And they're usually right that exceptions exist. But building a strategy around exceptions rather than patterns is a losing game for most founders.

Q:How has this view evolved over time?

My thinking on most topics has changed significantly over the years. Early in my career, I held many conventional views that experience proved wrong. I try to update my beliefs when the evidence changes.

Written by

Sahin Boydas

Serial entrepreneur, #1 angel investor, author of Becoming Top 1%

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