So, you’ve signed up for StockHero—awesome! Whether you’re just getting started with automated stock trading or exploring how to fine-tune your setup for your stock trading bots, you’re in the right place.
StockHero makes it easy to automate your trading strategies, but if you want to get the most out of it, there are a few smart moves you should consider. In this post, we’ll walk through four easy-to-understand tips to help you get your bots working smarter and potentially increase your returns over time.
Before we begin, please do read our Disclaimer stated at the end of this article.
Let’s dive in. 👇
🧠 Tip #1: Create More Bots to Keep Your Capital Active
One of the biggest beginner mistakes? Setting up just one bot to manage all your funds.
Here’s why that’s not ideal:
Let’s say User A and User B both have $1,000 to trade with:
User A creates one bot that uses the full $1,000.
User B creates five bots, each using $200.
Even if both users use the same strategy, User B has five times more chances to get into trades. If the market isn’t right for User A’s bot, their capital just sits there. But with five bots, User B has more chances for something to happen. Read this article for the details >>
👉 Bottom line: The more bots you create (with proper allocation), the more opportunities your capital has to be put to work. And let’s face it—your money can’t grow if it’s not in the game.
💡 Tip #2: Try “Overallocation” to Boost Trade Opportunities (Carefully!)
This tip might sound a bit advanced, but don’t worry—it’s simple once you get the hang of it.
“Overallocation” means setting up more bots than your actual balance can fully support. Sounds complicated? It’s not—if you manage it right.
Here’s how it works:
Back to User B—they still have $1,000. But now User B wants to set up 8 bots (instead of just 5), each needing $200 to trade. That totals $1,600, which is more than B has. But that’s okay!
B turns on all 8 bots—but keep an eye on them. As soon as 5 bots start trading and use up the $1,000, User B manually pause or deactivate the other 3 bots that have not traded.
This method gives User B more chances to get into trades, but still keeps the total risk within their budget.
⚠️ Important: This approach requires you to monitor your bots and step in when needed. It’s not a fully hands-off setup—but it can be a great way to maximize your trade potential.
📈 Tip #3: Volatility = Opportunity (Choose Stocks That Move!)
StockHero’s bots are designed to trade on price movement—and that means they perform best when there’s volatility in the market.
Volatility just means how much a stock’s price goes up and down. The more it moves, the more opportunities your bots have to buy low and sell high.
💡 Look for stocks with:
Daily volatility of 6% or higher
Good trading volume (so your bot can easily enter and exit trades)
You can use tools like Finviz.com to find stocks that match these criteria. Just use the screener to filter for high-volatility stocks with decent volume. If you’re not sure where to start, this tool is super beginner-friendly.
🔁 Tip #4: Check In Regularly
It’s tempting to let your bots run and never look back. But for best results, stay involved.
Think of your bots like a garden—you don’t need to hover over it 24/7, but checking in regularly helps things grow.
Here’s what you should do:
Review bot performance every few days
Pause bots that aren’t performing well. Swap the stocks/etfs for something else.
Explore new strategies in StockHero’s Marketplace.
Adjust capital allocation if needed
Markets change all the time, and the most successful traders adapt as they go. Don’t be afraid to tweak your setup—it’s all part of the learning process! The aim of this regular review exercise is to have a set of bots that meet your trading objective.
🎯 Final Thoughts
StockHero is a powerful stock trading bot platform, and with the right setup, it can help you trade smarter—not harder.
With a little planning and hands-on attention, you’ll be on your way to building a trading system that works for you. In addition, feel free to reach out to the StockHero team if you still require a look-over.
Happy trading—and may your bots do the heavy lifting! 🤖💸
Disclaimer
The information provided in this article is for educational and informational purposes only and should not be construed as financial or investment advice. The content reflects our personal views and experiences, and may not be applicable to your individual circumstances. Trading financial instruments such as stocks, options, futures, commodities and cryptocurrencies involves substantial risk and is not suitable for every investor or trader. You should carefully consider your investment objectives, level of experience, and risk appetite before engaging in trading.
Past performance is not indicative of future results. All investments and trading carry the risk of loss, and you should only invest/trade money that you can afford to lose. It is strongly recommended that you seek independent financial advice from a qualified professional before making any investment/trading decisions.
While we strive to provide accurate and up-to-date information, we make no guarantees regarding the completeness, reliability, or accuracy of the information presented. Any action you take based on the information in this article is strictly at your own risk.
We disclaim any liability for any loss or damage incurred as a result of the use of or reliance on the information provided in this article. Always conduct your own research and due diligence before making any financial decisions.
