I have three algorithmic trading bots right now. Two of them trade FOREX. The other algo-trading bot trades exclusively in GOLD. It isn’t the most exciting, but with only occassional hiccups, this is one of its typical days.

This bot allows the owner/user to adjust 2 settings (Well, I guess three):

• The size of the lot size. This depends on how much money is in the account. (I have over $20,000+ in the account now.) While the company doesn’t recommend it, some people choose to bump the lot sizes above the recommended amounts. They may make more money short term, but a bad hiccup could drain their account quickly.
• The level of risk. On this particular bot, the settings amount to, “really accurate trades” or ” frequent, and still pretty accurate trades.”
• A website is setup on the bot to let it know when the market is to turbulent for trading. The bot did very minimal trading the first couple weeks of January.

Of course, the bot doesn’t make $200+ every day. And, it has lost some trades. The wins have been far more frequent, but it isn’t perfect.

If you would like a reliable gold trading bot, I recommend the Gold Digger from Nurp. If you have further questions, please let me know. I haven’t been using bots for a long time, but I am willing to share what I have learned.