Last week, I tried to gather as much sympathy as I could. “Poor, poor algo trading guy. Three of his bots were mean to him. Boohoo!”

That is not the whole story. Of the three bots that lost my trust last week, only two lost my full trust. The ProFX bot was still in the black after its big loss. So, rather than close any remaining trades for a loss, I watched it finish its trades on EURGBP and AUDNZD. Since I didn’t want to lose more money, I was rooting for it to do well.

As of this morning, all trades were closed, and the bot may have given itself another chance to live on the bot farm. I have turned all trading off, but I am considering turning it back on. With a balance just under $40,000 in this account, the lot size recommendations are 0.04. (0.01 for every $10,000 is a very conservative setting.) With my only goal being to generate regular income and not to double my account in a year, I am fine with a lot setting of 0.03.

As I was writing this, I convinced myself to give it another chance. If the bot loses money again, it is not getting any more opportunities. I am stacking the odds in its favor. The smaller lot sizes will prevent it from jumping to heavily and quickly into rapidly moving trades. And, if it does jump, I hope it has the room to keep itself solvent. Good luck, my little bot!