Yesterday’s post may have appeared optimistic, but I was concerned how both the Precision and Gold Digger bot were going to navigate. Fortunately, one of the bots has disentangled itself from yesterday’s price issues. The other one is showing me its skills.
Gold Digger (Shared with Fed account)
Once an additional 4.0 lot trade was placed and gold started rising, the new trade cancelled out the losses on the original 2 trades. All of the trades were closed. The profit wasn’t huge, but the runaway gold train is temporarily prevented from throwing me into drawdown. The GD bot seems to be wary of placing any new trades right now.
Poor Precision! It is only supposed to be moonlighting, but these open trades are forcing it to stay awake during the day, too. The image shows how gold is “sandwiched” in. The Precision bot has placed scalping trades on both sides of gold’s present position. If gold moves up, the trades will close at $2313.79. If the price goes down again, the trades will close at $2289.60. Even with the upper trades being held and causing some drawdown, the bot made about $50 last night.
With gold coming off of recent highs and being very volatile, it is comforting to see the bots riding out the market challenges. As long as I trust them and don’t make their lot sizes too big, they are going to be fine.
