After the big plunge down, the Precision bot has not had a losing trading day. Its “post-plunge” trading days have not compared to its “pre-plunge” closing, but there are no losers in the mix. The best “post” trading day came in at $165. The worst trading day was $38.34.
Since numbers speak best, let me use the percentage of the first 8 days of the month to project how this bot could do over an entire month.
I will repeat the assumptions/expenses I used when I did similar math for the Pro FX bot:
Expenses
- Since I bundled this bot with 2 other bots, my purchase cost was just over $3,000/bot. I believe the bot has gone up slightly since then.
- Every month, I must pay for a Virtual Private Server (VPS). This is approximately $35.99 or less.
- There are NO ongoing monthly costs. This bot has no monthly cost–EVER!
Assumptions
- Our account has $15,000. That is what the bot is working with.
- The lot size on trades is not changing for this projection. However, if they are conservatively increased as the account size grows, the account growth could be greater.
- The bot continues to make 3.78%/month. I don’t want anyone to think I am cheating, so I will say that the last three weeks of the month are paying the overhead. The overhead will include the VPS. This will also smooth things out when there are less volatile times and the bot does not have as many trade opportunities.
- Using these assumptions and this Forex calculator , we get this result:
Summary
Initial deposit:$15,000.00
Percentage:3.78% monthly
Effective Rate: 56.09%
Time: 12 months
Compounding: Monthly
| Month | Earnings | Accrued Earnings | Balance |
|---|---|---|---|
| 0 | – | – | $15,000.00 |
| 1 | $567.00 | $567.00 | $15,567.00 |
| 2 | $588.43 | $1,155.43 | $16,155.43 |
| 3 | $610.68 | $1,766.11 | $16,766.11 |
| 4 | $633.76 | $2,399.87 | $17,399.87 |
| 5 | $657.71 | $3,057.58 | $18,057.58 |
| 6 | $682.58 | $3,740.16 | $18,740.16 |
| 7 | $708.38 | $4,448.54 | $19,448.54 |
| 8 | $735.15 | $5,183.69 | $20,183.69 |
| 9 | $762.94 | $5,946.63 | $20,946.63 |
| 10 | $791.78 | $6,738.42 | $21,738.42 |
| 11 | $821.71 | $7,560.13 | $22,560.13 |
| 12 | $852.77 | $8,412.90 | $23,412.90 |
What could you do with an extra $500/month? Yes, it does take some money to make some money. As I continue on this journey, I hope others can learn from my mistakes and move into profitability more quickly. If interested in this Univerity of Options bot, please contact me for any guidance I can offer.
