As January was left behind, Octane has navigated its way to a drawdown of nearly 10%. This has been great to see from drawdown highs of almost 20% or worse. As Octane did this, it takes a couple of different approaches.
First, it may close several trades with a mix of gains and losses. After the math is done, it leaves a nice gain. In this case, it is an excellent start to the month (and the year).
In the case of these trades, losing trades were canceled with no gain. When the math was done, equity was lost in the account.
When you get in the kitchen with the bot and look over its shoulder, you are not always rooting for profit. Knowing the bot is looking long-term is a relief, too. Ideally, the bot now has plenty of room for a profitable 2025!
