Are trading bots passive income?

Are Trading Bots truly a form of passive income, or do they require a significant amount of active management and intervention from the user? While they may automate certain aspects of trading, do they eliminate the need for market analysis, strategy development, and risk management entirely? Furthermore, can trading bots guarantee a steady stream of profits without any human oversight, or do they come with their own set of risks and limitations? Explore these questions and more as we delve into the reality of using trading bots for financial gain.