# Droids The cryptocurrency markets operating 24/7, traders have the opportunity to capitalise on every trade. However, human limitations such as sleep, work, or other commitments may prevent traders from taking advantage of all trading opportunities. This is where Droids come in. Using our proprietary technique; you can make your droid scalp for quick profits, and trend-following for longer-term gains. Additionally, our platform offers paper trading functionality, allowing users to test their strategies in a risk-free simulated environment before deploying them in live markets. Droids use complex machine learning algorithms to assess market patterns, price changes, and trading signals. They can be designed to perform certain trading techniques, such as trend following, arbitrage, or scalping, according on the user's preferences and risk level. Once set up, Droids watch the market 24 hours a day, seven days a week and execute transactions automatically when predetermined circumstances are satisfied, removing the need for user involvement. ### Social Trading Droids enables users to follow and replicate the methods of professional traders, therefore benefiting from their knowledge. This tool broadens access to sophisticated trading tactics, making them accessible to both beginning and intermediate traders. ### Backtesting and Optimization Use expert tactics to automate trading around the clock, eliminating the need for manual involvement. This is especially useful for people who do not have the time or skill to actively watch the markets. ### Automated Trading Utilising over 100+ trading strategies, our bot identifies optimal market entry points and executes profit-taking actions accordingly. This adaptable technology transcends limitations and operates effectively across major cryptocurrency tokens, leveraging AI to maximise profits while minimising risk in trading endeavours. ### Risk Management Before deploying a Droid for live trading, customers may work with skilled advisers to design and optimize trading strategies based on their goals and risk tolerances. Users can gain valuable insights and enhance their trading strategies for better success in dynamic market conditions through collaborative efforts with experienced professionals. ### Algorithmic Intelligence Droids can be programmed to incorporate risk management measures such as stop-loss orders and position size guidelines. These features can aid users in mitigating potential losses and protecting their invested capital. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.nomoex.com/our-product/droids.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.