Shuffling Some Funds

After suffering losses last month in my Precision gold-scalping account and the Octane account, I have explored methods to get my goals back on track. Precision has not had a losing trading day since its “bad” day, so I “sort of” trust it again. The “retired” Octane bot hasn’t been active in almost a month, but the trading account still had some funds. What could I do? Well, I tried something…

  1. After holding out hope the Octane bot would be activated again in my account, I lost hope this week. A new version is being developed to fix some problems, but no dates were available. The money sitting in the Octane account was collecting dust.
  2. Precision has been watching gold go up and down the past month. Yet, the lot size settings I provided the bot kept it out of danger. Even in a volatile market, it was dodging any hard slaps from any of its gold trades.
  3. So, the marriage was arranged. I transferred the Octane funds into the Precision account. I adjusted the Precision lot size settings a very small amount. With nearly $50,000 in the account, I made the lot size 0.05. This could double the daily returns of this bot…or not.
Lot SizeRisk
0.01 per $5,000-10,000Low
0.01 per $3,000-5,000Medium
0.01 per $1,000High
Each bot has different recommended lot settings. These are the ones provided by the University of Options for this bot.

Having given Precision plenty of latitude in its trading, I thought my money shuffling was done. Then, this morning, I saw my Aviator bot was dangerously close to a margin level of 400%. What did I do? I shuffled $5,000 of Precision’s extra money over to Aviator. Bot farming isn’t pretty every day. If it were, I would have nothing to write about.

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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