Trading bots are automated systems that execute trades based on pre-set parameters, enabling 24/7 market participation. They're like tireless traders, never missing an opportunity. A colleague of mine, for instance, utilized a trading bot through FBS, a reputable Forex broker here. The bot, with its algorithmic precision, helped him capitalize on market movements even while he slept. So, trading bots are not just tools, but your round-the-clock market allies.