My bot farm is operating on a skeleton crew. My bots have taken a beating with gold blowing up and other Forex pairs going wild (AUDNZD and GBPUSD). To my credit (although losing money never feels like you did something right), the less trusted bots were given less money to manage. When they are trusted with less, they can hurt you less.

I mention this because one of the bots offered by NURP is often run on “Espresso” mode. When this is done, the settings are raised 8X the normal settings. In less volatile markets, consistent double-digit returns have been normal. Unfortunately, this less-than-conservative approach has stretched the margins of many accounts in the present volatile environment. If these decisions have blown up accounts, the owners have been less reluctant to reveal the heavy losses they suffered. They looked for support on the way down. But, once they became tired of the impending loss, they cut the cord and did anything but “bots” for a few hours/days.

My most recent casualty was my Pro bot. It has had a few positive months, but the GBPUSD trap flipped the MAX drawdown switch. The loss wasn’t huge, but my sympathies are even less. With 3 bots dropping a loss on me this week, I am not quick to hand out excuses. The Pro, Precision, and Aviator bots were not my big tractors. The “big” tractors are still in the game AND better funded. The loss of the “want-to-be” bots has allowed me to transfer their funds to the bigger boys. I hope the bigger bots don’t have a bout of amnesia and forget how to make money.