My Trading Bot Goals Looking Forward

December is a long way off, but a person has to have goals. By the end of the year, I would like to have these things completed:

  • I would like to have my bots equally divided between at least 2 different brokers. If some regulatory decision were made, I don’t want to be stuck without a broker. As a US citizen, there are limited brokers available that will allow the necessary amount of leverage. US brokers do not provide substantial leverage to operate these trading bots.
  • I would like to consistently make $10,000-$30,000 per month from my “bot farm.” Will it be this year, or will I wait until next year?
  • I hope to withdraw some of my personal investments from the brokerage accounts at the beginning of 2025. Ideally, the bots can sustain themselves on a year’s worth of the profits they have earned.
  • Add bots that invest in something other than gold or forex. I would still like to invest in crypto, but I am unsure what accounts or pieces will need to be assembled to accomplish this. Also, I am aware of possible bots for trading options.
  • I will continue to increase the amount invested in my brokerage accounts. I do not want the total amount invested to exceed 10% of our retirement investments.
  • Having made $20,000 with my bots so far this year, I believe $75,000-$100,000 by the end of the year is very reasonable.

Should I add something to my list of goals? Let me know what you think or just add a comment.

About Andy G

Semi-retired dad of 4 biological kids and many others kids. Eyes on eternity while enjoying the blessings this life has available.
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